Official CryptoCurrency Thread (Bitcoin, Litecoin, Ethereum & More)

FeloniousMonk

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Them Lo Lifes...
You I got a cool band to invest.

Im lost.

Where do I start?

Dont mind doing the research needed, just need a point in the right direction.
 
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You I got a cool band to invest.

Im lost.

Where do I start?

Dont mind doing the research needed, just need a point in the right direction.
Coinbase is pretty simple to start out on. After that if you want you can branch to other ones like voyager, binance, kracken, etc. If you want to get deeper into altcoin projects you can look into metamask and uniswap.
Investing in BTC and ETH is a good start. What other questions do you have?
 

El_Mero_Mero

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Google tells me that:

-CoinBase offers FDIC insurance up to 250K.

-Kraken has the lowest fees (or among the lowest)

-Voyager has no commission fees (please correct me if I'm wrong) and offers more different types of coins than Kraken

I'm also in the boat where I'm doing research and trying to decide which platform is best for me. I'm probably only going to buy in this order:
1.) Ethereum (longer hold)--> 2.) Bitcoin (longer hold)--> 3.) Some Alt Coins (probably just for a quicker flip since I'm not fully convinced on all this Crypto-stuff yet). I'm only going to be buying slivers of ETH and BTC though because I can't afford the risk to YOLO for real.

@River_trey What is BlockFi? Is it another service like voyager, binance, etc. or is it something completely different?
 
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Google tells me that:

-CoinBase offers FDIC insurance up to 250K.

-Kraken has the lowest fees (or among the lowest)

-Voyager has no commission fees (please correct me if I'm wrong) and offers more different types of coins than Kraken

I'm also in the boat where I'm doing research and trying to decide which platform is best for me. I'm probably only going to buy in this order:
1.) Ethereum (longer hold)--> 2.) Bitcoin (longer hold)--> 3.) Some Alt Coins (probably just for a quicker flip since I'm not fully convinced on all this Crypto-stuff yet). I'm only going to be buying slivers of ETH and BTC though because I can't afford the risk to YOLO for real.

@River_trey What is BlockFi? Is it another service like voyager, binance, etc. or is it something completely different?
Blockfi is a lending and borrowing platform, think of it more like a bank. Your money gains interest but it is being loaned out and you get 1 withdraw per month. If you want to stack up on Eth and Btc and park it there for ~6-8% it may not be a bad idea. I'm not using it now bc I'm moving into more alts right now but I might try it there once this bull run cools off.
You can also gain interest by using voyager. Based off what you have said so far that might be something worth trying since you can buy eth and btc and also limit trade on alts quickly if you have some TA skills. The con for voyager is you can't transfer every coin off the app into another wallet. Here is a list of what can be transferred Cryptocurrency Transfers
 
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Low effort passive income opportunity:

Earn BTC by doing nothing other than your usual activities (with your AdBlocker disabled) through Lolli (my referral link). I learned about this from Isaiah Jackson, author of Bitcoin & Black America (get a copy for free here) when he went on The 85 South Comedy Show. Alexis Ohanian & Serena Williams venture companies are invested in it, as well as Casey Neistat. Lots of stores and services on it (i.e., NewEgg, ABT Electronics, Office Max/Office Depot, Staples, Asos, Adidas, Karmaloop, Expedia, Booking.com, etc).

I tried it for the first time today w/Postmates:

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Who in here is doing some sort of mining, farming, staking? I know eth mining is great for now but that's about to be over. I'm trying to find the best long term roi in that space right now.
 

treezee

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Who in here is doing some sort of mining, farming, staking? I know eth mining is great for now but that's about to be over. I'm trying to find the best long term roi in that space right now.


I'm waiting for my helium miner to arrive.
Backordered til the summer :stopitslime:,
but so profitable in my area :blessed:
 

princeofhaiti

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Coinbase is pretty simple to start out on. After that if you want you can branch to other ones like voyager, binance, kracken, etc. If you want to get deeper into altcoin projects you can look into metamask and uniswap.
Investing in BTC and ETH is a good start. What other questions do you have?
to add on to this, is there a platform that makes it easy to track your gains and losses. I hate that I have to manually calculate my gaines/losses on coinbase:snoop:
 
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to add on to this, is there a platform that makes it easy to track your gains and losses. I hate that I have to manually calculate my gaines/losses on coinbase:snoop:

Voyager has a nice interface that lets you see total portfolio gain and individual gain.
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Just a suggestion but it you do go that route here a link (it's only app at this point):
I'm inviting you to start investing in crypto with Voyager. Download the app and trade $100 to get $25 of free Bitcoin.

Use code TOM609 or this link to claim your BTC:

https://voyager.onelink.me/WNly/referral?af_sub5=TOM609
 
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The most interesting mining opportunity just got more interesting. Breaking news-ish (news broke about 7hrs ago on the official Helium discord):

Helium Network is about to rollout 5G cellular networks via decentralized, peer-to-peer hotspot hosting:

Decentralized Wireless Network: Buckle Up. Helium 5G is Coming. | April 27, 2021

freedom-fim6j5i.jpg

The Helium Network is revolutionizing commercial wireless networks by enabling individuals to own and host a piece of the infrastructure. The network was originally conceived on LoRaWAN, but the vision has always been to apply the same decentralized properties and economic incentives to other wireless networks. This month, the Helium Community took a major stride into the next wireless network. We’re thrilled to share that HIP 27 has been approved and paves the way for 5G on the Helium Network.

Helium Data Credits (DCs) were originally designed with a fixed ratio to data packets transmitted over the network. To bring 5G and other high throughput networks to Helium, HIP 27 introduces a chain variable that creates a conversion ratio for DCs to data based on both network type and geography. The HIP establishes a network usage cost for 5G that is orders of magnitude cheaper compared with legacy infrastructure. This wouldn’t be possible without the right technology provider, which is why we’re also excited to share that FreedomFi, a leader in open 5G, is joining the Helium ecosystem as the first approved 5G gateway partner.

To help accelerate the proliferation of 5G, the DeWi Alliance is pleased to share that FreedomFi has been awarded the first DeWi Alliance grant. Since late 2019, FreedomFi has been working on a gateway that leverages the recently opened 3.5 GHz band also referred to as Citizens Broadband Radio Service (CBRS). The grant will fund work to make FreedomFi gateways compatible with the Helium Network, allowing anyone to mine cryptocurrency by providing 5G cellular coverage. Like the majority of Helium technologies, FreedomFi’s software is open source. This, combined with CBRS shared spectrum makes it economically feasible to set up a 5G access point for individuals who want to provide coverage within the Helium network.
Episode Two: The Path To 5G

According to the above blog post, the startup cost to join in the network is a bit more steep than hosting a regular Helium hotspot. Anywhere from $1k - $5k per unit. You can get on the pre-order wait list for the FreedomFi gateway for $100 (fully refundable), but their site is getting hammered right now with a ton of people trying to get in. I did manage to get one pre-order request in before the website crapped out.
 

treezee

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The most interesting mining opportunity just got more interesting. Breaking news-ish (news broke about 7hrs ago on the official Helium discord):

Helium Network is about to rollout 5G cellular networks via decentralized, peer-to-peer hotspot hosting:

Decentralized Wireless Network: Buckle Up. Helium 5G is Coming. | April 27, 2021

freedom-fim6j5i.jpg


Episode Two: The Path To 5G

According to the above blog post, the startup cost to join in the network is a bit more steep than hosting a regular Helium hotspot. Anywhere from $1k - $5k per unit. You can get on the pre-order wait list for the FreedomFi gateway for $100 (fully refundable), but their site is getting hammered right now with a ton of people trying to get in. I did manage to get one pre-order request in before the website crapped out.


I have my order in for 2 of these Helium joints breh :blessed:

The backorder is crazy tho, not expected til summer :snoop:
 

Legend

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For all interested, I made a telegram for thecoli focusing on cryptocurrencies. This way likeminded crypto brehs can communicate more effectively, and more immediately. We can have ourselves a tight-knit group discussing and assisting one another in trying to make money. Join if interested. shyt is brand new...

The Coli Crypto
 
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