Home | Community | Message Board


This site includes paid links. Please support our sponsors.


Welcome to the Shroomery Message Board! You are experiencing a small sample of what the site has to offer. Please login or register to post messages and view our exclusive members-only content. You'll gain access to additional forums, file attachments, board customizations, encrypted private messages, and much more!

Shop: Unfolding Nature Unfolding Nature: Being in the Implicate Order   Bridgetown Botanicals CBD Concentrates   North Spore North Spore Mushroom Grow Kits & Cultivation Supplies   Original Sensible Seeds Bulk Cannabis Seeds   Kraken Kratom Red Vein Kratom   PhytoExtractum Buy Bali Kratom Powder

Jump to first unread post Pages: < Back | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | Next > | Last >
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 6 hours, 26 minutes
Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: Lophosaurus] * 1
    #25912364 - 04/02/19 09:11 PM (4 years, 9 months ago)

Not saying it can't happen, but given the strength behind this move, I would be surprised if we fall all the way back to $4200.  If you have been exposed to the market in a big way, this is not a bad time to take a little bit off the table as a hedge against retracement.  But this is a significant move that I think has legs for continued upside... Maybe not this week or next, but over the balance of the year I think we will go higher.


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Extras: Unfilter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 6 hours, 26 minutes
Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: HamHead]
    #25913108 - 04/03/19 08:23 AM (4 years, 9 months ago)

Everyone's situation is different.  It really comes down to a combination of your own personal risk appetite, your cash flow needs and your personal outlook for the space.  Case in point, the Mt Gox bankruptcy turned civil rehabilitation proceedings has been making some progress over the past year, however the coordinator for MtGoxLegal, a creditor group aiming to actively stay abreast of developments and influence the trustee and court decisions through both legal representation and grassroots campaigning, has opted to sell his claim to an investment firm for roughly ~50% of what has been calculated as a reasonable distribution in a poor case scenario, once the matter has ultimately been resolved.  Put plainly, his life circumstance, exhaustion with the process, and personal estimate that it will take at least a couple of years longer to reach a resolution, have led him to take a potentially smaller payout now, even as there does appear to be a reasonably high probability of light at the end of the tunnel.  The tunnel however, is simply too long and uncertain for him.

Similarly with your investments, you have to decide for yourself what is worth more to you.  Money now, or maybe more money later, with the added risk of no money at all to show for it?  If the investments are causing you stress, that would be a personal point favoring liquidation.  Understand your needs and your own personal time horizon, then make your decision.  Remember that in your case, you don't need to be "all in" or "all out", there is plenty of wiggle room in between.  If you're going to experience a high level of distress should the market swing negative again, you are overexposed and should reduce your exposure until it is at a level where you can rest easy.


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Extras: Unfilter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 6 hours, 26 minutes
Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: SirShroomsAlott]
    #25941270 - 04/18/19 09:55 AM (4 years, 9 months ago)

Hey SirShroomsAlott, crypto accounting for the tax man, particularly for active traders, can indeed be a headache.  As far as I know, prior guidelines from the IRS have stipulated that you are to calculate a taxable gain/loss on any crypto transaction, regardless of whether or not it was transferred into fiat currency.  In practice, most people don't seem to be reporting crypto-to-crypto transactions and are only reporting their fiat gateway transactions for tax purposes.  Particularly if these people do their crypto-to-crypto transactions privately (or even possibly on an overseas exchange), they'll probably get away with it.

I don't know what the Coinbase 1099 looks like, but it seems odd to me that a 2018 Form 1099 would include notation of your 2017 "value gain", since it should be accounting strictly for your 2018 transactions.  I would be curious to see what it looks like if you would be willing to send over a copy.  By all means, feel free to redact any personally identifiable information from the form if you do.

I don't want to make you overconfident and cause you to be misleading on your return, but in a very general sense, a "high" dollar value of proceeds on a brokerage's 1099 report will not necessarily cause the IRS to look deeply into your return, as active traders with accounts sized under $100K can easily rack up enough back and forth transactions over the course of a year to show millions of dollars worth of sales proceeds, while still potentially reporting a capital loss if the average basis for their transactions was higher than their average sale price.


sh4d0ws... :thumbup:
(wish I'd committed more to that project :wink:)


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Extras: Unfilter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 6 hours, 26 minutes
Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: HamHead]
    #25950551 - 04/23/19 09:32 AM (4 years, 9 months ago)

I am positive on crypto in general, however bullish crosses, like their bearish counterpart, are lagging indicators.  By the time a shorter term moving average moves above a longer term moving average, the move should already have been well apparent to anyone paying attention.  While it is a constructive headline and as such may help bolster retail investor confidence, it should by no means be a metric that leads you to go all in with blind abandon.  In my experience in equities, it is at these "crosses" that I tend to keep my positions on a much shorter leash by tightening up my sell stops.


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Extras: Unfilter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 6 hours, 26 minutes
Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: geokills] * 1
    #25955052 - 04/25/19 04:14 PM (4 years, 9 months ago)

Ouch.  New York attorney general alleges that Bitfinix lost $850 million and subsequently used funds from affiliated stablecoin operator Tether to secrety cover the shortfall.  BTC has fallen about 10% over the course of a half hour on the news.  Tether has always been something of a wild card, with many distrusting its legitimacy, myself included.  Should be interesting to see how this plays out.  I suspect the BTC reaction right here is knee jerk in general, and that we will stabilize around $5,000.


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Extras: Unfilter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 6 hours, 26 minutes
Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: geokills]
    #25986977 - 05/11/19 10:20 PM (4 years, 8 months ago)

With BTC back up to test $7K, it seems likely that, at least in the near term, "the bottom is in".  That probably won't mean much to anyone who sat around waiting and watching for the perfect time to buy in and who still may not have any exposure, and is scarcely consolation to anyone who bought in near the frothy highs of New Year 2018 and rode their holdings into dust; but as noted back in February when BTC finally made its move back above $4K, it did seem probable that we were ready for a leg higher... and here we are.

As the market grew more constructive over the past couple of months, I made some efforts to dig a little deeper into my portfolio of altcoins and started thinning out the herd.  Frankly, there are too many projects out there with too little substance, and for any number of reasons ranging from sparse or halted development, minimal to no adoption, poor correlation with aggregate market value, or because there are other more full fledged and widely encompassing projects that are already attempting to tackle what a smaller project may be focusing their entire stake on... I have cut out names like ZAP, NAS and even XLM and ZIL from my holdings.  I presently remain exposed to:

  • BTC
  • XTZ
  • ADA
  • ETH
  • NEO
  • VET
  • NEBL
  • NCT


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Extras: Unfilter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 6 hours, 26 minutes
Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: geokills]
    #26000685 - 05/18/19 10:20 PM (4 years, 8 months ago)

I am adding to ETH here @ $250.  The best recent entry was the move above $190 on or around May 12th, which I missed (but hey at least I didn't miss it back at $11 :tongue2:).

ETH has produced a technically attractive short term pullback that has stabilized to create a base over the last couple of days which it is now moving higher from, and on decent volume.  This is most assuredly a momentum based trade, however since I enjoy ETH as a core position due to its high level of development, and I believe that it will remain a magnet for institutional investment as it cascades into the space (not to mention it being one of the more liquid crypto assets), I am comfortable being fairly aggressive here.  Patient traders may be able to find a more attractive entry on a pull back that finds support somewhere between $200-$230.  So long as ETH holds $200, it seems that $400 should be an attainable target.

Dirty secret: I'm thinking $600 ETH is in play over the next several months but that's really more of an emotional "trader psychology" target than anything too rigorous in study.
In other words, don't count on it, but don't count it out.
:wink:

I also generally agree with the previous posts indicating that BTC should be a dominant holding of any crypto portfolio.  While there will assuredly be smaller issues that produce more impressive % gains at various stages of the game, it's really a crapshoot, and BTC will remain the magnet for institutional investment, which is ultimately a major driving factor in increasing aggregate fiat denominated value of the entire sector.


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Extras: Unfilter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 6 hours, 26 minutes
Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: geokills]
    #26011421 - 05/24/19 05:00 PM (4 years, 8 months ago)

Interestingly, the Kraken exchange, a pioneering fiat gateway for crypto with a solid track record (i.e. no hacks), is fundraising with a $1,000 minimum investment at a $4 billion valuation.

https://bnktothefuture.com/pitches/kraken

I am on the fence, as having skin in the infrastructure that supports the crypto market and its modern day adoption seems like a great opportunity.  However, when analyzing some quasi-comparables, the outlook on this raise is a bit murky.  For example, with Nasdaq (NDAQ) trading at a public valuation of just under $15B, a $4B valuation on Kraken with no timeline for liquidity/return and far less than the 3300 issues & 1.8B+ trades per day Nasdaq provides, seems a bit rich.  If we use an even larger exchange group for comparison (ICE or CME), we can get up to ~$60B, but those markets are significantly broader and mature, so I don't really think it's a fair comp.

If the crypto market continues to come into its own, I could see this Kraken series producing some sort of return (2-5X), however I think one would probably be better served by investing directly in select crypto assets which carry the significant benefit of real time liquidity.  While I've always wanted a piece of a major exchange, the valuation on this raise, with no revenue share and an unknown payback period, seems too high to be attractive.

I may still throw a small amount of capital at it, just to stay involved.  Afterall Kraken is the exchange I have used ever since Mt Gox went bankrupt and I do believe they are a market leader.  But when I take a hard look at the numbers in conjunction with a potentially very lengthy payback period, this isn't the type of offer I would want to bet the farm on.


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Extras: Unfilter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 6 hours, 26 minutes
Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: Asante] * 1
    #26012272 - 05/25/19 07:44 AM (4 years, 8 months ago)

Quote:

I see Kraken's offer as a bit analogous to how in precious metals, emphasis shifted from PM holdings to mine futures. Ultimately, the market's assets still need to perform before the mine stocks see any profit.




Yes and no.  While market performance with regard to mass adoption can surely help a first mover exchange like Kraken grow into a powerhouse, an exchange is rather different from a miner due to the fact that an exchange capitalizes on the volume of trade activity, regardless of the settlement prices (whereas a mine is actually spending a set amount of money to extract their element and hoping that the market's settlement prices for that element are above their break even costs).  Thus, Kraken can be successful with crypto prices at a fraction of their present day fiat conversion value, so long as people are actually using them and want to move between them for purposes of exchange.


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Extras: Unfilter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 6 hours, 26 minutes
Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: geokills]
    #26014566 - 05/26/19 03:32 PM (4 years, 8 months ago)

Looks like the fire may have just lit for a continuation move higher.  ETH and BTC beginning to expand out of 10 days of consolidation from a high base, on volume.  ADA is also behaving well, however slightly less attractive from a technical standpoint.  NEO and XTZ also behaving ok, but even less technically attractive than ADA.  My dominant positions:
  • BTC 55%
  • XTZ 18%
  • ETH 12%
  • NEO 6%
  • ADA 6%


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Extras: Unfilter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 6 hours, 26 minutes
Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: sh4d0ws]
    #26037483 - 06/06/19 11:24 PM (4 years, 7 months ago)

I did cut my ADA position nearly in half not too long ago, as I agree things have felt somewhat stagnant and their updates are often needlessly obtuse and difficult to decipher; although in truth, I cut the position principally out of a desire gain more exposure to XTZ and ETH.  I'm not terribly concerned about the project, everything is still quite early stage, and the fact that the project maintains active GitHub repositories and their crew is communicating at all, (unfortunately) puts them several steps ahead of the majority of crypto projects out there.  I don't have any inside scoop on this though, and while I admire the project's stated ambitions, I understand that there's only so long one may want to wait around if they feel that things aren't progressing.  Nevertheless, although I did rebalance the position to a smaller scale, I suspect I'll continue to hold a piece of ADA for years to come.


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Extras: Unfilter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 6 hours, 26 minutes
Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: geokills]
    #26074577 - 06/26/19 08:12 AM (4 years, 7 months ago)

I'm trimming some BTC @ $12800 and ETH @ $345 this morning, as I had been overweight on these from some mid May purchasing.  There is no material concern regarding the acceleration of upside momentum, however the bullish flag patterns we saw on both BTC and ETH from mid May to mid June, result in "measured moves" that land somewhere in the vicinity of $12K and $350 respectively.  A measured move doesn't mean the move is necessarily over, but it does provide for an initial target to watch for when momentum is running at a fierce clip, and give you an opportunity to take a little bit off of the table if your position has grown too large.


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Extras: Unfilter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 6 hours, 26 minutes
Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: Kittlebean]
    #26082768 - 06/30/19 03:33 PM (4 years, 6 months ago)

Quote:

Kittlebean said:
Geo, I have been trying to learn more when it comes to analysis and had a look at the charts to mark out when it occurred to see if I could identify it but am unable to upload pictures at the moment.

Just wondering what the psychology behind a measured move is? Why does it happen and how reliable is it as a trading strategy?







A measured move is just really simple math applied to a chart pattern, in this case a bull flag (the same can be applied for a downside target in the case of a bear flag).  In the above BTC example, there was a breakout followed by sideways consolidation, which then broke out again.  In truth, there were three breakouts in the above chart, but as you'll find if you trade for any appreciable amount of time, reading charts is at times as much a creative art as it is a science.

This isn't a textbook example (this is really move of a stair-step pattern), but because bitcoin tends to have more exaggerated moves, I extrapolated and used the initial base at around $4000 as the bottom of the "flagpole", which then chopped around in sideways consolidation at around ~$8,000.  That's a +$4,000 difference.  A subsequent breakout from the $8,000 level leads to a measured move of $8,000 (breakout level) + $4,000 (base level) = $12,000 (primary target).  You can see that there is plenty of fudge room to choose your own levels, and you can come up with targets below or above $12K depending.  But given the velocity of the move I happened to witness, I did some quick addition and decided it was appropriate to take profits based on this generalized thesis.


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Extras: Unfilter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 6 hours, 26 minutes
Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: HappySloth]
    #26085733 - 07/02/19 08:36 AM (4 years, 6 months ago)

Gloating about a good trade, especially when it comes off as disparaging "everyone" else for dismissing your prior assertions, is not likely to encourage others to take you seriously or want to engage in a constructive discussion with you.

Quote:

HappySloth said:
BEEN CORRECT TWICE NOW AND BOTH TIMES PULLED OUT AT THE PEAK :lol:

4/15/19 HappySloth said:
Personally I'd be looking to bail 8-12k




The recent peak was just under $14,000.  To have sold within your intended range would have booked trades anywhere from 14% - 42% below the peak, where the low end of your sell target remains untouched upon retracement 20% below the current price and we are even still above the midpoint of your range.  It is not my intention to start a pissing contest, but if you're going to spin your thesis with such absolute confidence alongside a touch of ridicule toward your peers, your statements should at least be bulletproof.


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Extras: Unfilter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 6 hours, 26 minutes
Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: Asante] * 1
    #26086547 - 07/02/19 04:03 PM (4 years, 6 months ago)

Quote:

Asante said:
Geokills, I know you held a sizable position XML and abandoned it. Why has it fallen behind on your radar?




My primary reasoning for dropping Stellar from my holdings was because they seemed to be focusing exclusively on being a payment rail, without offering additional differentiation when compared to so many other crypto projects out there.  In particular, the launch of Bitcoin's lightning network as a proof of concept, not to mention the myriad other blockchain projects that offer value transfer services alongside additional feature sets such as privacy or programmable "smart" contracts, made me feel that Stellar is fine, but just not all that unique or cutting edge.


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Extras: Unfilter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 6 hours, 26 minutes
Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: Asante]
    #26086569 - 07/02/19 04:14 PM (4 years, 6 months ago)

I appreciate the opportunity to answer the inquiry.  It forces me to review my decision and justify my actions, which can often be a rather illuminating experience.  One other thing I didn't note in the above post was that XLM's price had become a relative underperformer, which is why in light of the aforementioned project related considerations, I ultimately decided I no longer wanted to park my capital there.


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Extras: Unfilter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 6 hours, 26 minutes
Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: geokills] * 1
    #26172222 - 09/06/19 09:59 AM (4 years, 4 months ago)

Reid Hoffman, co-founder of LinkedIn, decided to let Alexander Hamilton, one of the founding fathers of the United States, face-off against Bitcoin (BTC) creator Satoshi Nakamoto in an epic crypto-rap-battle video.  I dig.




Bitcoin is looking constructive, having more or less held the $10K level on several tests now.  As noted above, I had unloaded some on the last spike up near $13K, and put half of that back to work when BTC was hovering just below $10K a week ago (almost put that into XTZ @ $1, but the outperformance of BTC is so clear and XTZ is already one of my larger positions, that it made sense to stick with what's working).  Unfortunately, I had put half of my prior sales proceeds back into ETH at considerably higher prices and it is not showing anywhere near the strength that BTC is, but you win some, you lose some.  Move in scales, don't overtrade, don't overexpose yourself and you should be fine.  BTC is, by and large, where you want to be; although I can still get behind all three of the names I included in the subject line of this thread so long ago.

In fact, I have consolidated my holdings considerably...

  • BTC
  • ETH
  • XTZ
  • NEO
  • TZROP*
  • NCT
  • HBAR**


*Restricted to accredited trading only via dino.tzero.com

**Awaiting distribution of HBARS for Hedera Hashgraph, which should begin this month but is drawn out over a period of 4 years.


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Extras: Unfilter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 6 hours, 26 minutes
Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: Asante]
    #26201520 - 09/21/19 04:25 PM (4 years, 4 months ago)

Binance is one of the larger, better capitalized exchanges.  There is always some risk in allowing another entity to custody your assets, but I've never had an issue with Binance, other than them withdrawing many of their services from US customers such as myself, in order to open up a less comprehensive, regulatory complaint exchange in the US.


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Extras: Unfilter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 6 hours, 26 minutes
Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: geokills] * 2
    #26210892 - 09/26/19 12:24 PM (4 years, 4 months ago)

Pretty rough break to the downside.  Traders should have exited short term positions on the move below $9400.  Long term holders, well, this is just how it goes sometimes.  I wouldn't be buying today.  If we see some stabilization/support between $6,500-$7,000 BTC, that's when I would look to add to positions.


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Extras: Unfilter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 6 hours, 26 minutes
Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: sh4d0ws] * 3
    #26306224 - 11/07/19 10:36 PM (4 years, 2 months ago)

Quote:

sh4d0ws said:
... I store most of mine on a ledger wallet, which is a hardware wallet. For long term bitcoin, litecoin and lots of other coins this is probably the safest best option




:yesnod::whathesaid:


Quote:

I Think Geo was onto something when he included it [XTZ] in the "cryptocurrency big dogs" title when creating this thread :cool:




I sure hope so!  Those three (BTC/ETH/XTZ) are by far and away my largest holdings.  I really dig PolySwarm's (NCT) game plan, but it was shit timing for an ICO - I placed a sizable bet on that one and am down a cool 90%, which was pretty much how it went right outta the gate (at least it has stabilized).  Still holding a decent chunk of NEO, which pays a dividend in the form of GAS, although it's pretty weak @ 1-2% annually.  Waiting for my participation in the tZero (TZROP) and Hedera (HBAR) ICO's to gain some traction.

But yeah, BTC/ETH/XTZ are my still my big dogs. :tongue2:


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Extras: Unfilter Print Post Top
Jump to top Pages: < Back | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | Next > | Last >

Shop: Unfolding Nature Unfolding Nature: Being in the Implicate Order   Bridgetown Botanicals CBD Concentrates   North Spore North Spore Mushroom Grow Kits & Cultivation Supplies   Original Sensible Seeds Bulk Cannabis Seeds   Kraken Kratom Red Vein Kratom   PhytoExtractum Buy Bali Kratom Powder


Similar ThreadsPosterViewsRepliesLast post
* Hackers steal $32 million in Ethereum
( 1 2 all )
Adden 4,629 26 09/27/17 06:45 AM
by bayshroomer
* STOCKS - An Intro Tutorial & Ongoing Discussion
( 1 2 3 4 ... 289 290 )
geokillsA 296,583 5,796 01/22/24 08:56 PM
by geokills
* Ethereum sh4d0ws 1,124 4 03/31/17 04:12 AM
by LogicaL Chaos
* My Last 6 Months: Rampant drug abuse, and making thousand off of CryptoCurrencies.
( 1 2 all )
deadwk 6,594 33 03/23/19 10:04 PM
by GlazedHazels
* Cryptocurrency tomnl 1,266 3 04/12/17 03:27 PM
by Bannannannaman
* Bitcoin speculation
( 1 2 all )
MisterMuscaria 7,528 25 03/31/21 01:50 AM
by skOsH
* Bitcoin 2jew4u 2,405 10 11/11/19 05:28 PM
by High Night Expanse
* Thoughts on Ethereum LSDx 1,578 7 05/25/17 03:32 PM
by SpinScratch

Extra information
You cannot start new topics / You cannot reply to topics
HTML is disabled / BBCode is enabled
Moderator: geokills, automan
250,329 topic views. 0 members, 1 guests and 1 web crawlers are browsing this forum.
[ Show Images Only | Sort by Score | Print Topic ]
Search this thread:

Copyright 1997-2024 Mind Media. Some rights reserved.

Generated in 0.049 seconds spending 0.015 seconds on 17 queries.