No one has told me where to make bets. Just a nice place where they are not going to bet with everyone's money so I can cash out if I want to even if the government cracks down.
Coinbase is kind of expensive anyway. Fuck. How reliable are these wallets? This is like poker all over again. US will fuck with bitcoin at some point. I have to think deeper in how all of this will play out. I definitely should have gotten in at $400. I still think there is value and I see Bitcoin as a global future. Something we will be seeing more of in many aspects. It is just how and when will the US fuck with this?
On December 29 2017 03:23 Daut wrote:
my bags:
BTC 55.90%
ETH 8.42%
BCH 9.17%
Steem 0.40%
Dash 0.90%
OMG 0.45%
XMR 2.61%
SALT 7.80%
Tezos 5.97%
LTC 0.45%
USD 7.02%
XLM 0.90%
I have USD because I sold some coins on GDAX looking to reduce crypto position, but been using it to trade the swings.
I'm not much of a shitcoin holder. Too many coins, too little time, no fomo in this space.
How does trading the swings look like? Would be interesting to read what your thought proccess is like.
Thanks
1
TimDawg United States. Dec 29 2017 10:20. Posts 10197
On December 29 2017 03:23 Daut wrote:
my bags:
BTC 55.90%
ETH 8.42%
BCH 9.17%
Steem 0.40%
Dash 0.90%
OMG 0.45%
XMR 2.61%
SALT 7.80%
Tezos 5.97%
LTC 0.45%
USD 7.02%
XLM 0.90%
I have USD because I sold some coins on GDAX looking to reduce crypto position, but been using it to trade the swings.
I'm not much of a shitcoin holder. Too many coins, too little time, no fomo in this space.
Dude, appreciate you giving out info like this. As someone who is a very new investor in the crypto space, this is very enlightneing/interesting. Thank you for sharing
online bob is actually a pretty smart person, not at all like the creepy fucker that sits in the sofa telling me he does nasty shit to me when im asleep - pinball
On December 29 2017 04:32 lucky331 wrote:
daut, lol tezos. what's the latest update over there? i heard jason seibert is going to be helping them in having their legal shit sorted out.
There is some infighting, but apparently the platform is in alpha stage and progressing despite issues between the founders, developers, and foundation. It sucks bag holding a coin for 6+ months and not being able to sell, but the futures prices look good, there is demand for a fat layered smart contract platform (ETH is thin layered), and since it will be a form of PoS, there is incentive for people to hold tokens. When the tokens are available I'll sell my principal and hold some to participate in the community, and also as a hedge against the ETH I own.
On December 29 2017 03:23 Daut wrote:
my bags:
BTC 55.90%
ETH 8.42%
BCH 9.17%
Steem 0.40%
Dash 0.90%
OMG 0.45%
XMR 2.61%
SALT 7.80%
Tezos 5.97%
LTC 0.45%
USD 7.02%
XLM 0.90%
I have USD because I sold some coins on GDAX looking to reduce crypto position, but been using it to trade the swings.
I'm not much of a shitcoin holder. Too many coins, too little time, no fomo in this space.
How does trading the swings look like? Would be interesting to read what your thought proccess is like.
Thanks
I sold some coins at an average of about $17k to reduce the % of my net worth in crypto, began the slow withdrawal process from gdax, saw the price falling, and put in staggered buy orders from $14k down to $10225 because the USD was just sitting there and I thought those prices were undervalued(I think the lowest that was picked up was $10700).
Since then there were a couple times I sold a handful of coins in the $15ks, and bought them back in the 13-14ks. I basically looked at it as a freeroll: if I sell and the price never drops back, then I have successfully reduced my crypto position and don't care, but if the price drops more than I expect, I can buy it back and average down my original position.
I didn't look at the charts and expect swings or plan to make increase USD and BTC by trading, just took what was in front of me each time and was ok with any result. I'm sure if someone was really trading the swings aggressively they have made a killing, but there was risk involved with that, while I never had the intention of profiting off them, just did so when it arose.
And now I just have some high sell orders in (from 16k to 25k) and some low buy orders in (10-12k) in case there are big price fluctuations and I'm not around to watch.
NewbSaibot: 18 TIMES THE SPEED OF LIGHT. Because FUCK YOU, Daut
Also, I'm an idiot for not buying ripple. It's the most logical coin to be added to coinbase, so there was huge EV to buy (I thought about it at 2k, 4k, 5k, 6k, 7k, 8k lol). I think stellar has more news in the works so I bought that instead, plus I hate these centralized pre mine payment settlement coins in general, but regardless of how I feel about the coin, ripple under 3k less than a month ago was probably the buy of the year.
NewbSaibot: 18 TIMES THE SPEED OF LIGHT. Because FUCK YOU, Daut
Just to balance out me writing about my lucky profitable trades of BTC/USD recently with some bad ones, here's the worst trade I've made in crypto: Sold 1/3 of my ETH at the near bottom a few weeks ago. I thought the incoming CME/CBOE BTC futures would continue driving up the price of BTC, so I sold some ETH around .026 hoping to rebuy it lower, and very quickly it shot up to .05, oops.
NewbSaibot: 18 TIMES THE SPEED OF LIGHT. Because FUCK YOU, Daut
I'm evidently part of this in some ways. But, the sheer greed and cynicism of how people react to industry leaders who spearheaded this movement disgust me: https://www.reddit.com/r/CryptoCurren...in_cryptocurrency_should_focus_less/. I'm part of some discord, and everyone's just talking about their shitcoin 100x'ing and them retiring from it. Sometimes, someone will come along that doubts the project, and they're often crucified and beaten to silence. It feels so much a fucking cult.
These money hungry, lambo memeing greedy bastards remind me of these guys:
Isn't this whole thing to break the shackles the riches and government has put on us. Isn't Ripple controlled by the rich and the powerful. Why are we letting them do this to us again?
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United States. Dec 29 2017 00:07. Posts 9043
