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Cryptocurrency mega-thread

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It sucks about what happened today and yesterday with prices but good luck to all you guys regardless of how you play this fall.

Just a quick question from a far too risk adverse observer - how much have you made of crypto in actual crystallised gains?

Not "If I sold out now, I'd be $2k ahead". I mean actual "I now have $2k more in Australian dollars in the bank because of this".

Most of the people in the market right now are not investors: they're traders. Big difference. Traders are moving money around, speculating, trying to buy low and sell high and make gains on the day/week.

As an investor I believe in blockchain technology and I'm certain that the next multi-billion dollar corporations (in revenue, not market cap - big difference) will be blockchain companies. Long term my goal is to increase my holdings of Waltonchain and Cardano and earn interest/dividends from staking them.

I started with a modest amount (that I can afford to lose) that I'm happy to reinvest to build my portfolio quicker. So in that regard, no recognised gains in Aussie dollars. Although I did sell some Bitcoin back in the day for a few hundred dollars profit.
 

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Crazy times, but to be honest this is probably the 3rd or 4th dip i have experienced however probably not to this magnitude and how quickly it occurred.

Not a trader here but an investor so looking to cash out Jan 1 2020 and hopefully have some extra money to move to a bigger house with some kids (hopefully)

This will all be forgotten in a month, questions is now do you reinvest into some coins that we like......

Looking at Neo, ADA, OAX, QTUM and possibly Stellar

Vericoin I'm keeping an eye on
 
I am waiting until we see some genuine stabilisation from Bitcoin before doing anything. It seems to really dictate on what the alt coins are doing.

100% true in the past, but now after this dip do we still think BTC is going to be a strong as before?

I reckon more and more people are moving away from bitcoin so may not be the gauge we are use to in the past?

hmmmm
 
100% true in the past, but now after this dip do we still think BTC is going to be a strong as before?

I reckon more and more people are moving away from bitcoin so may not be the gauge we are use to in the past?

hmmmm
Its gained market dominance during this dip, as nothing has changed in this trend. I'm looking at Eth and asking why the market rejected its big move last week.
 
What do you think FUN will be valued at in 12-18 months? Im not on it but it was 1 of the first coins i looked into when i started.
Not sure, but I like their project and their developers. Think it’s a definite money making opportunity, especially if a casino uses it.

Only worry for me is the high supply of coins which could hold back the price a bit I think.
 

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Most of the people in the market right now are not investors: they're traders. Big difference. Traders are moving money around, speculating, trying to buy low and sell high and make gains on the day/week.

As an investor I believe in blockchain technology and I'm certain that the next multi-billion dollar corporations (in revenue, not market cap - big difference) will be blockchain companies. Long term my goal is to increase my holdings of Waltonchain and Cardano and earn interest/dividends from staking them.

I started with a modest amount (that I can afford to lose) that I'm happy to reinvest to build my portfolio quicker. So in that regard, no recognised gains in Aussie dollars. Although I did sell some Bitcoin back in the day for a few hundred dollars profit.

Are you investing in the companies behind the coins rather than the coins? How are you doing this?

I'd love to hear more.

Thanks!
 
It sucks about what happened today and yesterday with prices but good luck to all you guys regardless of how you play this fall.

Just a quick question from a far too risk adverse observer - how much have you made of crypto in actual crystallised gains?

Not "If I sold out now, I'd be $2k ahead". I mean actual "I now have $2k more in Australian dollars in the bank because of this".

I know a guy who cashed out about a week ago Made 6 k in about 3 weeks ..


On iPhone using BigFooty.com mobile app
 

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Amazing...

ABBREV BHS
ADA MORE DATA
ANT SELL
BAT SELL
BCC SELL
BCH SELL
BTC SELL
BTG MORE DATA
CVC SELL
DASH SELL
DCR SELL
DNT SELL
EOS SELL
ETC SELL
ETH HOLD
FUN SELL
GNO SELL
GNT SELL
LSK SELL
LTC SELL
MIOTA SELL
NEO HOLD
OMG SELL
PPT SELL
QTUM SELL
REP SELL
SALT MORE DATA
STRAT SELL
TRX MORE DATA
WAVES SELL
XEM SELL
XLM SELL
XMR SELL
XRP SELL
ZEC SELL
 
Amazing...

ABBREV BHS
ADA MORE DATA
ANT SELL
BAT SELL
BCC SELL
BCH SELL
BTC SELL
BTG MORE DATA
CVC SELL
DASH SELL
DCR SELL
DNT SELL
EOS SELL
ETC SELL
ETH HOLD
FUN SELL
GNO SELL
GNT SELL
LSK SELL
LTC SELL
MIOTA SELL
NEO HOLD
OMG SELL
PPT SELL
QTUM SELL
REP SELL
SALT MORE DATA
STRAT SELL
TRX MORE DATA
WAVES SELL
XEM SELL
XLM SELL
XMR SELL
XRP SELL
ZEC SELL
Bitconnect sell ?? Try - Go and have a long, hard look at yourself in the mirror ..... you moron !!
 

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