Cryptocurrency mega-thread

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About a week in and think I'm getting the terminology and concepts down.

Bull Market = flush of new users/price spike?
Bear " " - going down?
Spread - diff between buy and sell price?
Whitepaper - stuff you should be reading before investing in certain crypto?

BTC,ETH are considered 'mainstream'?

Most coins outside the regulars are considered 'altcoins'?

Basically the joke/meme ones like Doge considered 'shitcoins'?

Only put about $90 in and basically in the market to earn the cost of a KFC zinger box, but crazy to make 10% in a week.

Has been good fun.

Just not looking forward to paying for a tax service to completely negate it all lol
 
About a week in and think I'm getting the terminology and concepts down.

Bull Market = flush of new users/price spike?
Bear " " - going down?
Spread - diff between buy and sell price?
Whitepaper - stuff you should be reading before investing in certain crypto?

BTC,ETH are considered 'mainstream'?

Most coins outside the regulars are considered 'altcoins'?

Basically the joke/meme ones like Doge considered 'shitcoins'?

Only put about $90 in and basically in the market to earn the cost of a KFC zinger box, but crazy to make 10% in a week.

Has been good fun.

Just not looking forward to paying for a tax service to completely negate it all lol

Play with smaller amounts on the right coins under a $1 and you can learn a lot and also make far more than bank interest and I'm not talking about the likes of Doge.

If someone wanted to invest $250 and put together a small 2-3 coin portfolio of cheaper coins that they could watch for 12 months or so and track it's growth thee's some good coins out there to invest in that are slower burners but less volatile.
 

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You'd only want to short it wouldn't you? Lot's of people are jumping off now who got in real early. It will shoot up when Elon talks about it on SNL but I don't have a huge amount of faith in it long term
 

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