Bitcoin explosion and ALT coins thread

[William Huggins]

Are these like Bitcoins, in that I wont understand a thing about them even if it is explained to me dozens of times and therefore decide not to get in at the beginning and be rich now?

The technology is pretty easy to understand and usually there's someone on YouTube to explain it.

But I'm trying to push this thread, so more people can ask questions.

 

[Ballsaque]

Why do you hold what you hold?

 

[Woldog]

What do you guys think about Litecoin? I'm knew to the whole shebang so I'm just trying to figure out. My friend was telling me "XRP will win the case and they'll explode" But looking at their litigation these guys just wanted to print money.

 

[SwamiLeoni]

What do you guys think about Litecoin? I'm knew to the whole shebang so I'm just trying to figure out. My friend was telling me "XRP will win the case and they'll explode" But looking at their litigation these guys just wanted to print money.

Litecoin is where I first invested in 2017 and I made some good money from it. I don’t trust XRP, never have. But your friend might be right. It’s dipped enough that you could make a solid profit if they win and exchanges re-list the coin. I would just consider the timeframe of how long these cases take. Is it over a few years? If so, you may want to look elsewhere. These runs have a habit of launching and then dropping dramatically. There could be better options in other places. Another thing to consider is that XRP is a cheap entry. Someone drops $500 and next thing you know they’re the worlds biggest fanboy.

I think the Top 30 has a list of shitcoins in there that all might make some money but will eventually fade out as the market becomes more mature. A use case and valuable transactions should be things to consider when looking at crypto investing, especially for those offering BaaS.

 

[kenetics]

Litecoin is where I first invested in 2017 and I made some good money from it. I don’t trust XRP, never have. But your friend might be right. It’s dipped enough that you could make a solid profit if they win and exchanges re-list the coin. I would just consider the timeframe of how long these cases take. Is it over a few years? If so, you may want to look elsewhere. These runs have a habit of launching and then dropping dramatically. There could be better options in other places. Another thing to consider is that XRP is a cheap entry. Someone drops $500 and next thing you know they’re the worlds biggest fanboy.

I think the Top 30 has a list of shitcoins in there that all might make some money but will eventually fade out as the market becomes more mature. A use case and valuable transactions should be things to consider when looking at crypto investing, especially for those offering BaaS.

Good thing about litecoin is that it's on paypal.

 

[Woldog]

To me Litecoin seems to be the most attractive option at this point in time.

 

[GeorgeO]

I just bought a little Ethereum. Have to say, I’m a excited.

Wish I had bought it in March of 2020 though

 

[Broken arrow]

I got in on etherium at $590 so I’m really happy with that one.... planning on getting more if drops below $1k

 

[gonads20]

shit coins.

That said I own the meme coin DOGE

 

[Wreckless]

My crypto app just sent me an e-transfer of $60 out of the blue. I didn't even sell any crypto.

 

[Sirwastealot]

To me Litecoin seems to be the most attractive option at this point in time.

For what reason?

 

[Woldog]

For what reason?

Cause it looks like the most attractive option to me right now. That and Polkadot.

 

[Strychnine]

My crypto app just sent me an e-transfer of $60 out of the blue. I didn't even sell any crypto.

They payout dividends because you hold a certain coin? Some exchanges do that.

 

[Paladin]

As some of you know, I've been in crypto for a long time. Bitcoin has broken old highs and is almost at 28k.

Institutional money is pouring in from all directions and I believe it's going to continue to rise.

Now I'm at a crossroads to sell some of my crypto because doing so I could pay off my house.. I'm having a hard time selling any of my Bitcoin because all the years I held it.

I tried to tell my family to invest yrs ago but they didn't listen. Now I'm getting calls from everyone I told lol.

It would be cool to have my house paid off though. My house is valued at $340,000

Pay off the house man.

 

[Henry Swanson]

My crypto app just sent me an e-transfer of $60 out of the blue. I didn't even sell any crypto.

Did anyone sign up using your referral code?

 

[Wreckless]

Did anyone sign up using your referral code?

Nope.

Just received a random email for a $60 e-transfer.

Checked my app. No transactions.

Probably a fuckup on their part. I'm not complaining lol

 

[MIKOM]

Nope.

Just received a random email for a $60 e-transfer.

Checked my app. No transactions.

Probably a fuckup on their part. I'm not complaining lol

Sounds like a phishing attempt. Hope you did not log in after clicking a link in the email.

 

[Wreckless]

Sounds like a phishing attempt. Hope you did not log in after clicking a link in the email.

Email address is legit. It's the exact same as if I sold crypto. I compared it with an older email I received when I sold crypto last week.

I already cashed in the money. It really is a mistake on there part.

 

[MIKOM]

Email address is legit. It's the exact same as if I sold crypto. I compared it with an older email I received when I sold crypto.

I already cashed in the money. It really is a mistake on there part.

Good stuff.
Would not like to see someone get hit by those scumbags.

 

[Terry Noonan]

When is bitcoins next earnings report?