Waka FICO Flamez
Bricksquad Monopoly
Wondering if I should drop 100k on bitcoin right now or not
1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:
- Thread starter JordanWearinThe45
- Start date
heisenburrr
Have Fun Staying Poor
Suicidedoorsonabuick
Rookie
In theory you can multiply your investment x30 off of $1400 alone if you invest in the right coins at the right time. Lets take something like ETH for example, I got in super early around late 2015 early 2016 when it was trading for below $10 and put in only 1k and x30 my investment in under a year after that.With a $1400 investment alone? You buggin breh
Its all about finding small gems in crypto that you know has real world capabilities in order to eat off of small investments. BTC isn't the end all be all in order for you to get rich off of this shyt.
Suicidedoorsonabuick
Rookie
XLM is good since its going to be a major part of ukraines digital currency. get some Link while it is cheap as well
heisenburrr
Have Fun Staying Poor
Sure, but even if you pull a 100x that's nothing to scoff at but that ain't gonna last you 2x lifetimes
heisenburrr
Have Fun Staying Poor
That's just PR fodder. Nothing of substance here, same as every XRP headlines. Pump & dump material.
heisenburrr
Have Fun Staying Poor
thernbroom
Superstar
I just got into this last week really. Spent 500 on xlm and another 500 on eth. Have another 1000 to spend but just doing my research
I moved like 10k btc to a wallet and the transaction fee was like $1.5
Then I moved like 200 worth of ETH to a wallet and the transaction fee was like $2.50.
Is ETH more expensive to move than BTC? and whats the reasoning?
Then I moved like 200 worth of ETH to a wallet and the transaction fee was like $2.50.
Is ETH more expensive to move than BTC? and whats the reasoning?
thernbroom
Superstar
Yeah eth is dumb expensive
I almost guran-damn-tee NuCypher will hit at least $1-$2 in the nearest future. If you do the math now and buy say 10,000 coins right now for $1,800 @ 18 cents a coin, and it reaches a dollar... That's $10,000.... $20,000 if it gets to $2.00. There's no way it's ceiling is 35 cents. Stock up now while the price is low.
Funny enough I've been slowly buying a bit. But Im not counting on it.
Suicidedoorsonabuick
Rookie
BTC is more expensive than ETH but ETH can get as equally as expensive due to gas fees.
reason why is with the gas fee your paying ETH miners to mine your transaction to get to where it needs to go.
think of it in a way of a car needs gas.
- you go to a station and know how much gas you need for your whip
- you fill up your car with the gas
- you pay the gas station the amount of money you owe based on how much you used.
- your car is the execution of you trading ETH
- the gas is gas
- the gas station is the miner who you pay the fees to
It would still hit at least 32 cents if you wanna break even. 35 cents with included tax.