Dec 4, 2021

anybody else buy @ 43k today?

 

Nov 10, 2021

1- I think to investigate it properly you’d need to be on Reddit, telegram/discord groups, crypto boards, etc.. there’s obvious risk/reward that come with trying to be first. 9 times out of 10, you’re going to lose $ on it. There’s so many scam “rugpull” projects popping up right now that you also might just have your $ vanish overnight. By the time they reach coinbase and binance though, they’re usually solidified projects. You could play a semi-passive approach and monitor when things are starting to run and just hop on the train and hope that you’re not late to the party. Or you could do some technical analysis of the charts (or just go to TradingView.com to read through others’ TA). Or you could dive into the projects and read their whitepapers, check the roadmap, investigate their team, or even use the product yourself (ex: Brave browser is ran on BAT coin). It all depends on how much work you’re willing to put in.

For the meme crypto’s I recently purchased, it’s stupid, but I just started skimming through meme coin names and chose some out of a hat to toss some change at. Banano is the one that i tossed a decent amount at because I'm involved in their discord and have started to follow the project a bit.


2- minimum trading $ is subjective to your pockets and the risk of the coin itself. Relative. For personal reference, I only put $50-$75 into each of the meme coins and plan to let them ride to oblivion or until they become the next doge sensation. I consider that type of “investing” to be the equivalent of hitting the tables in Vegas. I only put down what I won’t go to sleep nervous about losing.

Investing in something like Bitcoin, I’d be more comfortable going in with more $, but again, that's up to you as an investor. Personally, my overall portfolio is ~20% crypto and the rest in mutual funds, individual stocks, 401k, & cash.

 

Nov 10, 2021

it varies coin to coin and the spectrum of places to buy is getting wider and more complex (you'd think it'd be the opposite).. the top 3 exchanges are Binance, Coinbase, & Robinhood. usually, binance is easiest to get listed on so the coins will find their way there first. coinbase & robinhood have gotten quicker, but they go through a bit more of a vetting process. FYI: with robinhood, you don't actually "own" the coins (you can't transfer your holdings from rh to coinbase, for example, but you could go from binance to coinbase), but you are trading on the price of it still.

if you really want to go down a rabbit hole, then you could start looking at "DEXs" (Decentralized Exchanges). The largest ones here are Pancakeswap & Uniswap. The concept of these is still pretty fresh, but the short of it is that you can "swap" out one token for another. ex: if you have Ethereum that you purchased on coinbase, then you can send it to a wallet (Metamask or Trust are the 2 most spoken about) and connect that wallet to one of the DEXs; that ETH can then be swapped for a shitload of various coins...new coins are almost certainly being listed here first these days -- far quicker than even binance. The knowledge level of entry, however, is higher...I just got into using pancake swap with Metamask wallet this past week and i had to go down a number of rabbitholes and youtube how-tos.

Long, indecisive answer, but hopefully helpful. Holla.

 

Nov 3, 2021

Floki is on hotbit. It's a s--- exchange but legit. Been using it for the last year. No gas fees.

 

Oct 30, 2021

Imagine having $8k worth and watching it go up in value to $3B in may of this year….and then hodling that s--- down 80% before seeing it be worth $6B now today. Wtf bro sell.

 

Oct 27, 2021

Okay not gonna lie this s--- makes me sick because I sold at 200% profit before August. I have to stop myself from looking how much actually I had but it was a few grand. shib has been kind of haunting me.

 

Oct 27, 2021

I was telling @jet about it last month. Still early but I'm thinking FOMO is close.

 

Oct 27, 2021

Time to get more. Keep that dumb money Shiba. Wish I was still a whale so I could dump on some of these idiots. I'll do that when everyone finds out about $ufo

 

Oct 20, 2021

Pretty sure this cycle will end in a few months. 100k maybe the top so I got short positions ready. Then when it bottoms just gonna accumulate until the next halving and then buy an island.

 

Oct 20, 2021

 

Oct 19, 2021

100k EOY

 

Oct 19, 2021

y'all eatin? new ath coming in hot.

@HODLGANG