Some Neat Cryptos [NOT FINANCIAL ADVICE!]

[Ericzander]

@Ericzander should mention this necessarily will not get you out of legal trouble

I'm already suing him because I relied on his jank ass advice.

 

[The Catboy]

I’ve moved a lot of my coins into Cardano and started staking them. I don’t have the powerhouse needed for mining, so I decided to dip my toes into staking. I am also use BAT because brave browser ¯\_(ツ)_/¯

 

[JoeBloggs777]

I’ve moved a lot of my coins into Cardano and started staking them. I don’t have the powerhouse needed for mining, so I decided to dip my toes into staking. I am also use BAT because brave browser ¯\_(ツ)_/¯

Ada is doing really well, it might hit $3 today, I'm just wondering when to take some profit , if it hits say $5 or before end of Oct/Nov or just forget about it til the next Bull run.

 

[jeremiahquellette]

I think you forgot to mention the NFT tokens today. This cryptocurrency is growing very fast, so no wonder that tomorrow this cryptocurrency will have the same networth as ETH or BTC. Also, keep in mind that the leaders of the crypto exchange services like Eveningstar, Coin Base, Cash App added multiple NFT trading options on their platform, so I expect the NFT will grow really fast soon. So if you are thinking about investing in any cryptocurrency, look into the NFT market more closely.

 

[FAST6191]

I think you forgot to mention the NFT tokens today. This cryptocurrency is growing very fast, so no wonder that tomorrow this cryptocurrency will have the same networth as ETH or BTC.

I know in all likelihood I am speaking to a spammer but NFT tokens are not cryptocurrency. They are a concept that exists as a logical consequence of some crypto currencies/related technologies (theoretically all could be used for it but some are better served than many).
They are a useful but also in other ways flawed way of showing ownership of an item, usually a digital good but can be used for contracts on real world items/general contracts as well, and are as valuable as the underlying good (which in most things we have seen, especially anything that scored big money, are worth bugger all in reality and you are just hoping some moron* spunks more money into something).

*greater fool theory if you want a choice search term.
See also smart contracts


Anyway back on topic. I am not sure how much I want to trust the financial advice of someone that gambled away his dogecoin so early on.
Normally I would do the "what if I had invested $100 in each of those at the time of the original post/choice time period" and what I would have if I sold today.

 

[tabzer]

I know in all likelihood I am speaking to a spammer but NFT tokens are not cryptocurrency. They are a concept that exists as a logical consequence of some crypto currencies/related technologies (theoretically all could be used for it but some are better served than many).
They are a useful but also in other ways flawed way of showing ownership of an item, usually a digital good but can be used for contracts on real world items/general contracts as well, and are as valuable as the underlying good (which in most things we have seen, especially anything that scored big money, are worth bugger all in reality and you are just hoping some moron* spunks more money into something).

*greater fool theory if you want a choice search term.
See also smart contracts


Anyway back on topic. I am not sure how much I want to trust the financial advice of someone that gambled away his dogecoin so early on.
Normally I would do the "what if I had invested $100 in each of those at the time of the original post/choice time period" and what I would have if I sold today.

Rare Pepes were the NFTs of 2016.

Anyway, regarding the sentiment of a missed opportunity--I don't think a missed opportunity is really that; it's only that in illusion. Let's say that you decided to buy x cryptocoin early (knowing what you know now). Every day is an opportunity to cash out based on whatever you determine about the market. To willingly hold something through all the ups and downs to reach the that magical number is a whirlwind of emotional toil. To have reached it, you would have either have had inside information, sacrificed health, or not give the shit.

You can practice not giving the shit now, by forgetting about this illusion of a "missed chance" that you probably wouldn't have had the strength to endure anyway.

 

[depaul]

My humble advise : Don't touch leverage

You win many times and re-invest your gains, one time the price fluctuates too far and you lose most (if not all) of your funds.
it's like gambling.