1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:

[Astroslik]

if you are using metamask (this is the preferred method unless you use Kucoin), then converting SHIB to ETH is a few clicks within Metamask. After you do that, you can then transfer the ETH to your wallet. It's very simple.

Thanks @mannyrs13 for getting us hooked on SHIB. i might cop some more ...

My SHIBA is in my coinbase wallet. I can convert to eth from there as well.

 

[NotaPAWG]

Why are network fees so high right now? Just tried sending USDC to Kucoin and the network fee is 3/4ths of the USDC I’m trying to send

 

[mannyrs13]

Want to convert some of this SHIB gains to ETH but I’d hate to jump into ETH during a ATH.

Thoughts? @mannyrs13

Better to jump in during the ATH, than to look 6 months from now and the price is at 12k


It's just a chance & risk/reward you'll have to evaluate yourself. ETC is looking like the next Bitcoin, so I'd jump in now with as close to 4K as you can invest, but not trip about losing.

Great advice. All depends on you and your risk tolerance. ETH can shoot up to 10k in a snap or Shib can make you that in the same time as well. If you already up a decent amount, take some profit, just be careful you don't kill yourself on fees. Then take some more profit on way up as it reaches higher levels. ETH gonna have staking which gives you consistent rewards so good to have some of that building up wealth.

The current ATH price doesn't matter overall. Its gonna get more momentum and keep going up. People gonna keep throwing money into ETH. They did it at 1k, 2k, 3k and now 4k. And each time the number of holders kept going up cuz they saw the potential. Look at all the people jumping on SHIB recently. They gonna keep driving up the price overtime as they want to buy in like everyone else. People not even familiar with crypto and seeing the crazy gains its made, yet BTC has been around for years. But like @Kamala Harris said, a few hundred bucks into the big market players isn't gonna have much of an effect overall, especially for a rookie investor with not much capital. I know I wouldn't have even come near 5% of my shib gains by having put that into the big cap coins. But of course you gotta take some profits and keep yourself diversified.

 

[null]

Look. I hear what you're saying and you may be right.

But you sound like a boomer or institutional hedge fund guy that wants keep the little man down under the guise of "be careful". That's probably not your intent but I'm getting flashbacks to those clowns on CNBC during covid basically praying that retail investors get wiped out

@Numpsay is right

 

[mannyrs13]

I was with you until


what on earth gives you that idea? what adoption or development have you seen that would lead to that?

BTC was at 70% of market cap on January 1, its at 45% now. Eth market cap dominance has been rising lately. I say by end of year, ETH has a higher market cap percentage than BTC.

https://www.thecoli.com/threads/1-b...16-btc-52k-damn.588476/page-637#post-41874932

 

[NkrumahWasRight Is Wrong]

every trade is a taxable event


or maybe sounds like someone who saw this same scenario in 2017 with these casino alts. Seeing amounts of money we'd never seen in our lives and how it came so fast, then disappeared just like that when the market fell. The whole time "HODLing" all the way down. When you could've just put it in BTC/ETH and been sitting real nice right now. It's your money, but people are trying to save newcomers from the pain they went thru 4 years ago

How does anything I said sound like me praying everyone gets wiped out? I'm not even telling anyone to sell everything, just to be smart about taking profits and not dumb about HODLing. And I speaking from lessons learned in 2018 myself. I got caught doing that shyt with a few coins.

i was in this thread years ago too. i had XVG back then and liquidated my shyt before it all dumped.

fair enough. maybe the advice isnt for me. im not going down with any ship..im not a gamestop idiot that bought at 300 and is diamond handing down to 20 bucks (or whatever the hell is going on with that garbage now)

its just clear there is money to be made outside of the main coins. dont be like the guys that say to invest in the S&P 500 index, never look at your account and just reinvest dividends. we get it.

 

[NkrumahWasRight Is Wrong]

@Numpsay is right

ok

you also dont think BitCoin is an asset. why are you even here?

 

[jilla82]

Already made me more than all other investments combined in my lifetime prolly. Definitely more than Link and I already took some profit and my remaining profit still more than most people's annual salary. Its been so crazy that I'm down 90k from the high on my Zerion portfolio and not even stressing. Most the population don't even make that in a year, or even 2.

this shyt warps your mind.

Im throwing 4 or 5 ETH at projects and not even thinking about it twice

 

[NkrumahWasRight Is Wrong]

Great advice. All depends on you and your risk tolerance. ETH can shoot up to 10k in a snap or Shib can make you that in the same time as well. If you already up a decent amount, take some profit, just be careful you don't kill yourself on fees. Then take some more profit on way up as it reaches higher levels. ETH gonna have staking which gives you consistent rewards so good to have some of that building up wealth.

The current ATH price doesn't matter overall. Its gonna get more momentum and keep going up. People gonna keep throwing money into ETH. They did it at 1k, 2k, 3k and now 4k. And each time the number of holders kept going up cuz they saw the potential. Look at all the people jumping on SHIB recently. They gonna keep driving up the price overtime as they want to buy in like everyone else. People not even familiar with crypto and seeing the crazy gains its made, yet BTC has been around for years. But like @Kamala Harris said, a few hundred bucks into the big market players isn't gonna have much of an effect overall, especially for a rookie investor with not much capital. I know I wouldn't have even come near 5% of my shib gains by having put that into the big cap coins. But of course you gotta take some profits and keep yourself diversified.

exactly

 

[BucciMane]

Appreciate it I will watch now. Also where do you stake your zen?

No problem.

I use Sphere, which is Horizens wallet. Very clean interface, and very easy to use.

If you want to stake, you need the following:


-42 ZEN to have one secure node. Those are currently generating about .07 ZEN/week if you're holding. So, one secure node would make you about $500 over the course of the year at current prices.

-500 ZEN for a super node. Those are currently generating about .72 ZEN/week for each supernode. Those are what I have a couple dozen of at this time. But, I got in ZEN a long time ago when the prices were much lower.

 

[A.V.]

I was with you until


what on earth gives you that idea? what adoption or development have you seen that would lead to that?

I meant in terms of stability, relax guy

 

[jilla82]

what on earth gives you that idea? what adoption or development have you seen that would lead to that?

is this a real question man?

ETH is used way more than BTC.

Its going to change banking as we know it.
This is institutions buying ETH right now...
...wait till they announce it in the coming quarters.

and when 1559 hits in July

 

[GoldenGlove]

So what happened to your money?
Was it deposited?

Not yet. I have to wait until Banxa verifies my info, which apparently can take 24 hours since it's my first time purchasing this way.

 

[ORDER_66]

Where are you buying your inu coins at

uniswap.

 

[NkrumahWasRight Is Wrong]

telling someone with only 100 dollars to invest in BTC as opposed to some fraction of a penny coin that they did some DD on is, forgive me, retarded.