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Cryptocurrency mega-thread

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Chubberson said:
Why do you think this. I was having this talk not long ago with a pal and I think I convinced them to get off Lite and on to Digi and Fun. Eeek! I'm in two minds now..
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Come on. Do some homework into litecoin. When you look into what is going on and look into it you will understand. It’s insane where I think it’s going to go. I can’t wait to go back on these post. I’ve been on reddit doing cryptos for 3 years now and I laugh when I go back and read the comments. The internet is one big negative troll. I look deeper in what potential the coin has to offer for the future and the future is huge for litecoin.
I hold hold hold this one. Also hold RDD. Will be huge with massive gains. Blockvee Cardano & Stellar hodl. The rest I trade. I actually think anyone in this now will be multi millionaires in the future. Many who got in early and believed already are.
 
Duritz said:
maryjames hey, if I may ask, when you say you day trade cryptos, do you go long and short on them with stop losses etc through a broker somewhere, or do you mean buying in and out of coins as they go up and down?
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No just through the exchanges. No brokers. I may go through buy into litecoin coz of cheaper fees and faster then buy into lets say Tron. It’s a game of patience when trading. Some times I’ve waited 4 months before my money has come back up. Say I put 100 into Tron and goes down. Just hold until goes up coz it will eventually unless you went onto a shit coin with no substance and it dies off. But with the internet today with so many people helping others that won’t happen. Like ripple last week everyone jumps on. I used ripple to buy more litecoin essentially. I hate ripple. Lol.
 

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maryjames said:
No just through the exchanges. No brokers. I may go through buy into litecoin coz of cheaper fees and faster then buy into lets say Tron. It’s a game of patience when trading. Some times I’ve waited 4 months before my money has come back up. Say I put 100 into Tron and goes down. Just hold until goes up coz it will eventually unless you went onto a shit coin with no substance and it dies off. But with the internet today with so many people helping others that won’t happen. Like ripple last week everyone jumps on. I used ripple to buy more litecoin essentially. I hate ripple. Lol.
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How have you gone about taxes while you've been trading and investing in crypto for the past few years? Did you report all your trades? Or only when cashing out into fiat?
 
maryjames said:
No just through the exchanges. No brokers. I may go through buy into litecoin coz of cheaper fees and faster then buy into lets say Tron. It’s a game of patience when trading. Some times I’ve waited 4 months before my money has come back up. Say I put 100 into Tron and goes down. Just hold until goes up coz it will eventually unless you went onto a shit coin with no substance and it dies off. But with the internet today with so many people helping others that won’t happen. Like ripple last week everyone jumps on. I used ripple to buy more litecoin essentially. I hate ripple. Lol.
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Why do you hate ripple? I have some but happy to move it on
 
maryjames said:
Come on. Do some homework into litecoin. When you look into what is going on and look into it you will understand. It’s insane where I think it’s going to go. I can’t wait to go back on these post. I’ve been on reddit doing cryptos for 3 years now and I laugh when I go back and read the comments. The internet is one big negative troll. I look deeper in what potential the coin has to offer for the future and the future is huge for litecoin.
I hold hold hold this one. Also hold RDD. Will be huge with massive gains. Blockvee Cardano & Stellar hodl. The rest I trade. I actually think anyone in this now will be multi millionaires in the future. Many who got in early and believed already are.
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I've read about Litecoin in detail and yeah, it seems like a good thing but 400$ is pretty fair value at the moment. There is more money to be made on other coins atm imo.

He held his litecoin, I was saying dump it at 415$ and get some others, if he'd done that, he would have made 20% overnight.
 
Embleberry said:
How have you gone about taxes while you've been trading and investing in crypto for the past few years? Did you report all your trades? Or only when cashing out into fiat?
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Get a good accountant if start making serious coin. Munro accountants is good. Check him out. He can go deep into it.
 
Chubberson said:
I've read about Litecoin in detail and yeah, it seems like a good thing but 400$ is pretty fair value at the moment. There is more money to be made on other coins atm imo.

He held his litecoin, I was saying dump it at 415$ and get some others, if he'd done that, he would have made 20% overnight.
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I’ve accumulated many. But on I trade off the top of it. Then when I win I go back get more. I use it as my base. Like people do bitcoin. It will be quarter of bitcoins worth very soon for mine.
 
maryjames said:
Get a good accountant if start making serious coin. Munro accountants is good. Check him out. He can go deep into it.
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Cheers, my mum is a tax accountant but she knows stuff all about this stuff. She said they're just waiting for when they have the annual tax accounting conferences to speed her up with it all.
 

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Cuzdup said:
It would be very stupid not to get on Tron while it's at .23 bud
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What other sites do you guys use?
I'm waiting for verification on coinspot I've looked at another couple but they're both upgrading website so not taking new users at the moment.
 
maryjames said:
Come on. Do some homework into litecoin. When you look into what is going on and look into it you will understand. It’s insane where I think it’s going to go. I can’t wait to go back on these post. I’ve been on reddit doing cryptos for 3 years now and I laugh when I go back and read the comments. The internet is one big negative troll. I look deeper in what potential the coin has to offer for the future and the future is huge for litecoin.
I hold hold hold this one. Also hold RDD. Will be huge with massive gains. Blockvee Cardano & Stellar hodl. The rest I trade. I actually think anyone in this now will be multi millionaires in the future. Many who got in early and believed already are.
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I’m extremely bullish on Litecoin as well...it’s the ‘major’ coin I have been working on accumulating since I started in this. I keep trying to add to it as I go...
 
I've just put more of my own $$$ into accounts just now, will take a day or so to clear. Had put a bit in, made profit then withdrawn the stakes and was playing with the profit only, I've pumped some more back in now, you guys ITT are inspiring me that the market has a long way to rise yet!!

So - now that I have deposited, GET OUT!! IT WILL CRASH!!!
 

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Duritz said:
I've just put more of my own $$$ into accounts just now, will take a day or so to clear. Had put a bit in, made profit then withdrawn the stakes and was playing with the profit only, I've pumped some more back in now, you guys ITT are inspiring me that the market has a long way to rise yet!!

So - now that I have deposited, GET OUT!! IT WILL CRASH!!!
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Yep 1987 and 2008 have my fingerprints all over it! 3rd time’s a charm surely?

Trying to get electroneum, now at 19c bugger, was 12c Friday. Mate at work got in at 1c, just tells me this week.

I like the fact that old money is behind ripple, could be very wrong though.
 
God damn, LSK has ****ing exploded in 2018. I knew this was going to happen eventually, I just didn't know when. As usual, I'm now kicking myself for not buying more of it at a lower price point. Given it's potential, I will be getting some more.
 

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