Please stay out of ICO’s
Official CryptoCurrency Thread (Bitcoin, Litecoin, Ethereum & More)
- Thread starter irishfury
- Start date
606onit
Superstar
DEC 6th, 2017.....I buy $103 of Bitcoin.....I Let it sit in coinbase, like a clown....
Log in today
March 29th, 2018......says I have $58 left. Can someone put me on a decent strategy to bounce back?
I just wanted to get SKIN IN THE GAME, so now Im gonna see if I can reverse this trend.
Log in today
March 29th, 2018......says I have $58 left. Can someone put me on a decent strategy to bounce back?
I just wanted to get SKIN IN THE GAME, so now Im gonna see if I can reverse this trend.
JahFocus CS
Get It How You Get It
The market is down, there’s nothing you can reverse by yourself.
If you want to get deeper into things to chase profits you’ll have to start trying to daytrade.
606onit
Superstar
Let me rephrase this......
If u (or anyone reading) had about $60 in BTC, how would u utilize what you have and try and grow it? Im not asking for anything overnight. Please shelf those typical snarky replies. I'm asking as a novice that put a shyt stain amount of money in the market just to learn. That's where this question is rooted. Please feel free to reply helpfully OR simply pass this post by. Either's fine!
JahFocus CS
Get It How You Get It
Wasn't being snarky, I was trying to help
You should either just hold or you're going to have to research promising alt coins, pick one you really believe in, and trade the BTC for that alt.
Watch all episodes of CryptoCast presented by Cream Scheme to learn more about crypto basics, thinking like a value investor, and a few specific projects.
606onit
Superstar
Not you necessarily. I just know how this asking a question shyt goes. *dapped*Wasn't being snarky, I was trying to help
You should either just hold or you're going to have to research promising alt coins, pick one you really believe in, and trade the BTC for that alt.
Watch all episodes of CryptoCast presented by Cream Scheme to learn more about crypto basics, thinking like a value investor, and a few specific projects.
Be careful though, he is right. Its a bear market right now meaning absolutely everything is down. A sea of red on coinmarketcap.com
Its hard to flip anything when everything is down. Once stuff starts rising, then you have the chance to find the faster growers and jump aboard etc.
Its hard to flip anything when everything is down. Once stuff starts rising, then you have the chance to find the faster growers and jump aboard etc.
I just want to reiterate that the cryptos are currently in a bear market right now. That doesn't mean that Cryptos are going to fail or anything but it means that you should be VERY cautious about buying things if the long term trend is lower prices. Even companies with proven track records aren't worth purchasing shares of until a bear market subsides.
There are a lot of similarities between stock trading and crypto-currency trading. I recommend that you educate yourself on market cycles during this bear market instead of rushing out to buy the next coin/ICO.
bigmac
Superstar
Call me crazy but some of these prices look tasty right now 
Honestly, ICOs are good (the Good ICOs)
word is bond, I turned 100 bucks into 1500 off an ICO.
took me about 3 months to mature the money to that, but that was like a 1700% ROI.
Not all ICOs suck,
(The ICO for those wondering was Electronium [ETN])
I sold it at about .15 cent a coin, had about 15,000 tokens.
happy I sold when I did, shyt's been in a slump since then.
ZIL has been turning me some nice percentage returns (small per sell, round .30-3% per buy/sell iteration) but in a bare market (atleast for crypto) the key to making money is patience and observation.
I watch the market on whatever exchange, and time my entry and exit points.
Sometimes I sit for a few hours, sometimes 12 hours or more, but Never sell for a loss. I buy either off the sell books or if the market is looking slow, I buy off the buy books
(Sell books = What people are letting it go for)
(Buy books = What people are willing to pay for it)
Lately with ZIL I've been buying off the buy books, my buy order takes time to fill but it's working.
Plus, this market is heavily infected with fukking bots! god I hate these bots, but you can force a bot to move it's sell and buy positions but it takes chess move action
That's such a small amount I'd just forget about it, what you don't do now is tilt and try to make it back off a risky ass alt or leveraged trading
Other normies bought way too much in December, invested in alts, held in the bear market and now they're down like 80%, 90% which is fukked if you were playing with your 5-7 figure life savings
You're way ahead of others with late entries like you have
Jordan>>LeFrozen
It was written in the Bible
Anybody got a bitcoin they don’t want?
but I’m thinking about getting into ripple
but I’m thinking about getting into ripple
Eternally Jaded
Superstar
Please don't listen to this guy.
But don't dive in willy nilly either. Read up on case use, team, coin metrics and most importantly, look to see if there's any real excitement for the ico.
Hyped icos can hit the ground running, where plenty(the majority) come and go quietly.
Im in two and looking at a 3rd, just gotta choose carefully cuz its your money at stake.
Eternally Jaded
Superstar
This guy knows what he's talking about.