Cryptocurrency megathread V2 - Gas Fees Galore

[MilesAbove]

I'm not sure why you would be unwilling to share information on something? I don't understand why people are secretive about their crypto investments, the more people who know the better the chance you have of making money.

Saying exact totals is BS. I have no idea why people won't talk about their % or portfolio layout. I assume it's because they're concerned we can then follow their failings or bad decisions, and ego is everything.

I've already posted my basic portfolio, as did another guy who uses the same site to track all holdings. But others just like to say they've invested in stuff when it's doing well, and then magically vanish when things aren't going great.

 

[Travis Alexander]

Saying exact totals is BS. I have no idea why people won't talk about their % or portfolio layout. I assume it's because they're concerned we can then follow their failings or bad decisions, and ego is everything.

I've already posted my basic portfolio, as did another guy who uses the same site to track all holdings. But others just like to say they've invested in stuff when it's doing well, and then magically vanish when things aren't going great.

I’ve posted some of mine a bunch of times... still holding my ETH and not scared of minor daily/weekly fluctuations

 

[meauneau]

Difference between a normie stuck in his normie ways, and someone that can move past it, is to sit down and read all the papers and understand the subject. This is why my belief in Chainlink is iron.

For example "Where can I buy X token?" after someone shills it is to me a sign of a normie. Why? Because instead of just copy pasting the name of the token, and put it in coingecko, and then see which exchanges has it, they instead ask about it. Or going dot hunting yourself through twitter accounts to verify who follows who, same can be done on linkedin, and to be able to filter between scams on /biz/ and actual quality threads. /biz/ is a goldmine of information if you know how to navigate through it.

How do you navigate through it?

 

[m25105]

How do you navigate through it?

Usually quality threads focuses on the utility, and will throw in a bread crumb, that allows readers to follow it and connect the dots themselves. Shit threads, just have "Buy token anon, it will moon!" with a picture of a half naked woman.

 

[m25105]

I'm going to go against myself, and gamble that this is a bear trap. Fear is a bitch, that can really mess you up. Relonged, deleveraged at 27.7 (should've done it at 30, but I'm too stubborn for my own good) and rebought 2k

 

[HeffDoesWant]

It's actually ~50%, while ~40% is for electronics.

Nah.

Wiki matches what I've read from numerous sources.

"The world consumption of new gold produced is about 50% in jewelry, 40% in investments, and 10% in industry."

What's your source?

 

[meauneau]

Usually quality threads focuses on the utility, and will throw in a bread crumb, that allows readers to follow it and connect the dots themselves. Shit threads, just have "Buy token anon, it will moon!" with a picture of a half naked woman.

I was just joking with that question, but that is good advice.

Only became interested in crypto last month when a friend suggested that I invest in ETH, so I have a lot to read and learn.

 

[axion]

I’ve posted some of mine a bunch of times... still holding my ETH and not scared of minor daily/weekly fluctuations
View attachment 837982

Damn, noice

 

[m25105]

I rather hedge against fiat than crypto. Also I have a crypto debit card, I use that for regular shopping. Giving the banks the finger, feels great.

 

[TheMaster]

hope is to see VET get to 50 cents by June and then sell to get more ALGO. Would love an ALGO a day.

Don't get rid of your VET, time to accumulate.
But get more Algo some way.

7500 Algo in the wallet is working out at right on 2 Algos Yield every 36 hours...crazy.

 

[Rob Battisti]

Don't get rid of your VET, time to accumulate.
But get more Algo some way.

7500 Algo in the wallet is working out at right on 2 Algos Yield every 36 hours...crazy.

currently at 2434.59 and accumulating if it dips more maybe I’ll pick some more up. Though, I have a limit of how much i want to put into crypto.

Definitely happy with my VET right now.

 

[Strychnine]

I rather hedge against fiat than crypto. Also I have a crypto debit card, I use that for regular shopping. Giving the banks the finger, feels great.

I'm all about giving banks the finger.



Credit Unions only for me.

 

[Henry Swanson]

That's not exactly it. Gold is worth so much because it was considered both highly-predictably rare while also having use cases. Silver has less uses, which is why despite its relatively rarity, it hasn't exploded in value... yet.

But I'm more a silver guy than a gold guy tbh. And the mine you mentioned was a mountain.... of gold.... in the Congo.

I’ve been focusing on gold primarily because it takes up less space and is easier to transport. Form a purely superficial standpoint though, I much prefer the look of silver.

 

[Get To Da Choppa]

Where to put the stim money?

1. ALGO
2. BTC
3. ETH
4. VET
5. LINK
6. Another ALT coin (please specify)
7. Gold
8. Silver
9. The Bank
10. Some crumby stonk

Your number 6 could be a higher risk coin since you already have solid coins in ALGO, ETH, BTC (my biggest 3 holdings as well), VET and LINK. I would suggest Litentry. It's still a relatively new coin, and it's currently at about 2x of its launch price (it went to $14 a few weeks ago during that crazy bull rush, like with every other crypto).

LIT aims to tackle one of blockchain's biggest challenge of cross chain identity. It could be a big part of DeFi future as currently DeFi loans like AAVE requires over collateraliation. I tossed a few hundred bucks on it recently and see where it'll be in a few years.

Of course you could also get in on ADA as it's going through a correction phase now. The upside to ADA is probably less than LIT (I don't see it surpassing ETH, especially when ETH 2.0 comes out), but it's a safer bet

 

[MilesAbove]

Nah.

Wiki matches what I've read from numerous sources.

"The world consumption of new gold produced is about 50% in jewelry, 40% in investments, and 10% in industry."

What's your source?

"Data from the USGS Mineral Commodity Summaries for 2019."

 

[meauneau]

Has anyone heard of HBAR?

 

[HeffDoesWant]

"Data from the USGS Mineral Commodity Summaries for 2019."

"Estimated global consumption was gold-based exchange-traded funds, 34%; jewelry, 30%; physical bar, 12%; official coins and medals and imitation coins, 9%; central banks and other institutions, 7%; electrical and electronics, 6%; and other, 2%"

https://www.usgs.gov/centers/nmic/gold-statistics-and-information

That seems to confirm the breakdown i supplied earlier.

 

[Strychnine]

Got my Nano X and S in the other day.

They were legit. Woot did right by me.


Quick question, is live coin based in the U.S. or overseas? I can't seem to find an answer.

 

[meauneau]

I think Hedera will be good for institutions.

 

[TheNinja]

Got my Nano X and S in the other day.

They were legit. Woot did right by me.


Quick question, is live coin based in the U.S. or overseas? I can't seem to find an answer.

Nice!! The deal on WOOT was legit, non tampered-with Ledgers then? Glad to hear it.