| Board List | |
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| Topic | Stock Topic 20 |
| Forceful_Dragon 02/07/21 2:04:07 PM #265 | Colegreen_c12 posted... Gold has intrinsic value. Whether it is worth what people pay for it is another story. Not true of all coins. Take Stellar Lumens (XLM) for example. Stellar is an app that can be used to send currency to other people for a fraction of the cost of traditional money wiring and much faster. Rather than charging their fee for this service in any particular fiat currency their fee is charged using their own coin. As a result there will be a regular demand for this coin that rises and falls with the popularity of the apps usage. BNB is the same. It's the Binance coin that can be used to pay the fee for trades on Binance at lower than the standard rate (0.075% instead of 0.1%) so there will be a demand for the coin if only for that reason. And you could argue that those coins have the potential to lose all their value as their marketplaces become less relevant and that is true. The same way a stock can lose its value if a company goes bankrupt or a fiat currency loses value if a country dissolves or adopts a new currency. --- |
| Topic | Stock Topic 20 |
| Forceful_Dragon 02/07/21 1:46:39 PM #261 | |
| Topic | Stock Topic 20 |
| Forceful_Dragon 02/07/21 1:42:14 PM #259 | Colegreen_c12 posted... It has no intrinsic value You just described currency as a whole. That paper in your wallet has the value that we've collectively attributed to it. Yeah the USD used to be backed by gold, but gold also merely has the value that we've given to it. How is crypto substantially different? --- |
| Topic | Stock Topic 20 |
| Forceful_Dragon 02/07/21 3:29:07 AM #228 | |
| Topic | Stock Topic 20 |
| Forceful_Dragon 02/07/21 2:10:18 AM #226 | GameStonk posted... Dude aren't you investing like high five figures? Why do you care about $29 Feel free to take the quizzes and send it my way then lol. I'm on micro levels compared to everyone else for now. --- |
| Topic | Stock Topic 20 |
| Forceful_Dragon 02/07/21 2:08:12 AM #224 | ExThaNemesis posted... And yeah the commissions on crypto make day trading for it kind of impossible. On coinbase sure, on binance the commissions are basically non existent. My stack is still super tiny mind you. I have the $36 that I got for free from coinbase. I got it up to $38 and converted it all to XRM and sent it to my binance wallet and the converted it to USD. I only had about 35 at that point because coinbase fees. But the binance is 0.1% fee vs 2.0% of coinbase. Now coinbase let me buy in any quantity and bimance has a $10 minimum, but if I buy $10 of something binance only takes a penny for the 0.1%. So if I wait for a coin to drop 5% in an hour (which seems to happen with fair regularity) then I get in and set a limit sell for 1 or 2% gain. So if I get 2% that's 20 cents minus the 0.1% twice for an 18 cent gain. Which doesn't seem like much but again that's just from the size of my stack. So over 4~ days ive turned $35 into $42 (+20%) mostly from repeated gains of 25 cents or less. There was a period yesterday where DOGE kept floating between .0445 and .0451 so I got into and out of it like 8 different times for 1% each time and ended up making more than if I'd just parked $10 in it all day and waited for a larger gain. But again I still doing know enough about the market or what's actually causing these moves, I'm just expecting that after a sizeable drop I can probably make a tiny gain on a correction so i know I still have a lot of research and understanding to do. But I want to get to the point where I'm putting in less than 10% of my stack when I get in on a coin before I start increasing how much in putting in. --- |
| Topic | Stock Topic 20 |
| Forceful_Dragon 02/06/21 1:16:34 AM #193 | Extha what research do you do to decide on long term crypo buys and which ones would you consider for day trading? --- |
| Topic | Gravity Falls first time watchthrough topic *progressive spoilers for GF* |
| Forceful_Dragon 02/05/21 3:56:57 PM #21 | If it helps GK and I referenced the same episodes and all our tags will be pretty safe once you hit double digits, but we'll try to be careful :D --- |
| Topic | Gravity Falls first time watchthrough topic *progressive spoilers for GF* |
| Forceful_Dragon 02/05/21 2:29:03 PM #17 | PerfectChaosZ posted... Hey I've watched the first... three, four? Episodes of this show like five times trying to get into it but it just didn't grab me. Is that a good representation of this show? If I didn't like it by then will I not like it? Like maybe what episode should I watch to really get into it? Watch the first 4 episodes If you aren't compelled by that, then this isn't the show for you. --- |
| Topic | Politics Containment Topic 363: SEC Speed |
| Forceful_Dragon 02/05/21 2:25:56 PM #335 | DeepsPraw posted... sure until the price of food and shelter just so happens to rise the exact same as the UBI Citation needed. --- |
| Topic | Politics Containment Topic 363: SEC Speed |
| Forceful_Dragon 02/05/21 2:09:12 PM #325 | UBI is a good idea because at *minimum* it would allow people to afford food and shelter. Y'know those basic things for not-dying. Minimum wage is not in a great place because even with a 40 hour week (which is not guaranteed) it will be a struggle to afford food and shelter. Yes, raising the minimum wage will affect the economy in a variety of ways, and some companies may raise some prices by a certain amount. But the most significant initial benefit will be that people earning minimum wage will now have to struggle less to afford food and shelter. And at some point you have to look at that and realize that the good outweighs the bad. Yes it wont be all good for everyone, but for the people it WILL be good for, it could be life changing. But hey, if we can instead get UBI instead then keep the minimum wage where it's at, but it doesn't seem like UBI is in the cards right now. --- |
| Topic | Politics Containment Topic 363: SEC Speed |
| Forceful_Dragon 02/05/21 1:25:56 PM #298 | Guys guys, you don't understand. Corrik knows in his bones that raising the minimum wage is a bad thing. You can't put a price on that level of certainty so stop trying to convince us with your facts and your logic. --- |
| Topic | Politics Containment Topic 363: SEC Speed |
| Forceful_Dragon 02/05/21 1:08:47 PM #289 | In Corrik's ideal world everyone would be making 90k a year at some kind of coal/steel/manufacturing job and no one would have anything to buy with the money they are earning because there wouldn't be any restaurants or grocery stores or starbucks or retail outlets. Just rich people starving and freezing to death because there are no employees to sell them food or clothes. Everyone who was previously providing food and clothes said to themselves "corrik's right, I'll just get a REAL job instead so I'm not poor" and because there are an infinite number of those jobs available it was an easy switch! I think we just solved the economy guys. --- |
| Topic | Politics Containment Topic 363: SEC Speed |
| Forceful_Dragon 02/05/21 12:37:20 PM #281 | I'm so glad we have famed economist Corrik on hand to set us straight whose wise judgement is beyond reproach. --- |
| Topic | Gravity Falls first time watchthrough topic *progressive spoilers for GF* |
| Forceful_Dragon 02/05/21 2:34:45 AM #14 | When the show was still airing I became borderline obsessed with watching episodes multiple times to search for clues/etc. There is a particular episode in season 1 that compelled me to revisit all previous episodes, you'll know it when you see it. --- |
| Topic | Gravity Falls first time watchthrough topic *progressive spoilers for GF* |
| Forceful_Dragon 02/05/21 1:45:00 AM #11 | Webbernet posted... I wrote more than I intended, huh. I appreciate the long write up! I'm glad your are enjoying it. And continuity will play a larger deal as the show progresses. There is a deeper mystery that the show eventually reveals. --- |
| Topic | Politics Containment Topic 363: SEC Speed |
| Forceful_Dragon 02/04/21 5:37:23 PM #188 | Removing the red tape on deciding who qualifies and who doesn't would be absurdly beneficial and would offset some of the costs. And it would remove the incentive for people to prove they need welfare. Right now there is a reward associated with NOT working, or at least pretending you aren't working and doing something under the table instead. You give "dont freeze or starve" money to *everyone* and remove the other programs and the incentive goes away. --- |
| Topic | Stock Topic 20 |
| Forceful_Dragon 02/04/21 2:07:02 PM #55 | Yeah, because they are "ahead of schedule" due to todays losses, but that doesn't change the underlying chance of the $5 put actually striking. --- |
| Topic | Stock Topic 20 |
| Forceful_Dragon 02/04/21 1:53:07 PM #52 | I've got $10 in DOGE, $10 in LINK and $10 in ETH We're basically the same. --- |
| Topic | Politics Containment Topic 363: SEC Speed |
| Forceful_Dragon 02/04/21 1:28:12 PM #174 | Xeybozn posted... Hey, maybe Plum is onto something for once. If we eliminate all the welfare and safety net spending in the federal budget, we could use that money to give every adult in America an $11,000 check every year. How could anyone be opposed to that? Everybody loves free money! Universal Basic income is a fantastic idea and I completely support it. But it should be monthly payments, not yearly, of course. --- |
| Topic | Stock Topic 20 |
| Forceful_Dragon 02/04/21 12:07:59 PM #31 | Stopping a large portion of the interested parties from being able to place buy orders was a large factor I think. It was such a gut check to momentum that by the time they could switch to other brokers the enthusiasm has cooled, also because in the mean time it was much easier to manipulate the price back down. I'm convinced in an alternate reality where the clearing houses weren't able to almost completely stop buying that it hits 1000 easily. But you give everyone 5 days to see people fortunes evaporating and suddenly reality sets in. --- |
| Topic | Stock Topic 19 |
| Forceful_Dragon 02/04/21 9:35:05 AM #487 | I still understand very little as well, but from what I do understand Etherium in particular is being used as a basis for many other coins which having been becoming more widely accepted. Since it is tied to so many other things it seems less likely to sustain major losses even if some of the coins "running in Etherium" (still not entirely sure what that means) take losses themselves. --- |
| Topic | Stock Topic 19 |
| Forceful_Dragon 02/04/21 12:11:42 AM #458 | Doge had a good run from .0399 to .0430 but it has flirted with the 4 cent mark a couple times already in they past 24hr. The RH thing might be involved but I think it's more likely the the most recent push had enough momentum to carry through all the sell orders parked on .040 which led to a brief window of acceleration. I got in at .0368 and out at .0398 earlier for an 8% bump and I think it will dip again. Though it might establish low 4 cent territory as they new norm for awhile. --- |
| Topic | Stock Topic 19 |
| Forceful_Dragon 02/03/21 5:38:30 PM #395 | Coinbase seems absolutely atrocious for day trading. The conversion fee is 20x the fee for binance to buy/sell, and that's not including any other flat rate fees to cash out. It's real bad, lol --- |
| Topic | Stock Topic 19 |
| Forceful_Dragon 02/03/21 5:32:52 PM #393 | If you are US then a lot of platforms are not available. Binance.us has seemed the most attractive thus far. Coinbase is ass except for the free money. I don't know too much about any others, but a few others that I tried to sign up for informed me that I could not use them because they cannot operate in the US. --- |
| Topic | Stock Topic 19 |
| Forceful_Dragon 02/03/21 5:01:20 PM #390 | Muahah, I got my money off Coinbase and onto Binance. Thanks for the free $36 sucker, time to become a millionaire. --- |
| Topic | Stock Topic 19 |
| Forceful_Dragon 02/03/21 3:56:27 PM #385 | As I continue to brush up on terms and strategies I just read an article about Loss Psychology that seems appropriate to the conversation of gambling vs investing: https://www.investopedia.com/terms/l/loss-psychology.asp --- |
| Topic | Stock Topic 19 |
| Forceful_Dragon 02/03/21 3:04:30 PM #360 | When a stock is really on the rise how far below the current price do you want to set a Stop? Like I imagine you set it too close then you could end up selling on a tiny dip of an otherwise unblemished ascent, but when you set it too far you are passing up on getting those peak gains. --- |
| Topic | Stock Topic 19 |
| Forceful_Dragon 02/03/21 2:53:59 PM #353 | ExThaNemesis posted... I'm just so mad at myself for falling into this when my Crypto plays, ETH and Cardano, were EXTREMELY solid and I ended up being 100% right on them both but I pulled out to try and make a quick buck on GameStop and ended up embroiled in a whole movement. Yeah ETH has been doing nuts. I haven't been using it for any of my baby gains unless it has a bad hour for me to hop in on just because it keeps setting new highs for itself and I have been preferring to pick coins that have had more variance but have been reliably reaching the threshold I would need them to reach before rotating out. Algorand for example had a -3% hour earlier as part of an otherwise +8% day and my chunk in Eos had just matured (hit +4%) so I switched it to Algo, which rallied back from it's bad hour and has already been rotated again. I still have next to no understanding as to what factors are important for the different coins to move on a large scale but I figure that understanding will come with time and for now I'll just focus on small scale trends and try not to make an assumptions that the coin i'm getting into will hit a price point it's never reached before. --- |
| Topic | Stock Topic 19 |
| Forceful_Dragon 02/03/21 2:34:12 PM #348 | Lopen posted... That's exactly right. Yeah, that's where it gets messy. It helps the have an underlying understanding of the agreement itself that was being made, but the way they are being used it isn't always as simple as "You make this agreement and the agreement either does or does not 'strike'". The agreement itself might change hands several times before it expires. hell maybe you bought a LOT of calls with a strike of $12 for a far off date and now it's 1 week away and the price is at 11.9. It's near the strike point and the strike seems likely, but it's not guaranteed. So you might sell off a portion of your calls to recoup a portion of your premiums and reduce the chance that all the calls expire without striking. Or to take it a step further you might sell *all* your calls, because while you were waiting and waiting and the stock didn't take off the way you wanted it to you decide it would be better to have some money back for those premiums you spent, but you aren't convinced that stock will even hold it's value even if it manages to barely strike in time. Stuff like that. edit: ExThaNemesis posted... What do you mean by "sell some to control risk"? I think he means something like what I just said. --- |
| Topic | Stock Topic 19 |
| Forceful_Dragon 02/03/21 2:11:02 PM #336 | ExThaNemesis posted... Just watched a video on Calls and Puts and I sitll don't fucking understand I'm still learning myself but this is my impression. Scenario 1: Selling a Call Sub-Title: ExTha has stock and wants to cover his ass. You have 100 shares of ABC that you bought for $10. I believe those shares are going to go up. So I pay you $1 per share for the option to buy all 100 shares for $12 apiece. You have now essentially only paid $9 per stock due to the premium you collected from me. If the stock is above $12 then I buy the stock from you for that price so you will receive the $100 premium ($1 per share) and the $1200 buyout, and thus earn $300 profit from your original $1000 investment. If the stock is below $12 then you still have the shares and you still kept the $100 premium. I am the big loser in that scenario because I paid $100 and got nothing. (well not "nothing". I got a form of protection, because if the stock goes down the alternative is that I might have bought 100 shares myself that have now lost more value than I would have spent on the premium). In the scenario of the price ending between 10.00 and 11.99 you are an extra winner, because your stock is worth more and you got my premium. In the scenario of the price between 9.00 and 9.99 you are either tied or ahead even though your stock lost value. And in the scenario of a price less than 9.00 you are behind, but less behind that you would have otherwise been. Scenario 2: Buying a call. Sub-Title: ExTha has faith in the stonks, but he doesn't want to bet the farm. You can effectively just reverse the roles there. I have the 100 shares that I spent $1000 on, and you have a strong belief that this stock is going to the moon! So you pay me $1 a share for the right to buy my shares for the meager price of $12. If the price is above $13 when you pay me $12 for it then you are ahead. If it's wayyyy above then you are wayyy ahead. In the 12.01-12.99 range you are slightly behind because it didn't take off the way you wanted, but if it's $12.50 and you sell the stock immediately then you are only behind $50 for the missed opportunity. Anything below 12 and you are out $100, but that might be preferable, because maybe the price is now $7 per share and by paying for the call rather than the shares themselves you avoided a more significant loss. ~~~ At least that's my interpretation of calls, please correct me if I'm wrong. I imagine there is more complexity than just that, and if you have a call you bought that is "ahead of schedule" but hasn't yet struck you could make a quick buck by selling the call to someone else and recouping your premium plus a little extra. I'll try Puts later, but those are more difficult for me to wrap my brain around so far. --- |
| Topic | Stock Topic 19 |
| Forceful_Dragon 02/03/21 1:14:09 PM #320 | StartTheMachine posted... The strike price being so crazy far from where it's at? Yeah, this. I think we all agree that GME is not "actually worth" $100 a share. And there are probably a variety of schools of thought on what a "fair" evaluation of their worth "should" be based upon the direction the company is heading. And you could make an argument that it's a dying business that can't possibly survive the pandemic, and maybe it is and maybe it wont. But as vaccines continue to rollout I think it's fair to imagine that retail companies like GME will if anything see a bump in the coming months. In the case of GME that's a bump relative to its "real" evaluation, we have to almost disregard where it's at now. GME was below $5 from July 2019 to August 2020. Unless the company goes under I don't see it hitting that level again by november. --- |
| Topic | Stock Topic 19 |
| Forceful_Dragon 02/03/21 1:01:18 PM #310 | And since you are buying the put that means you are giving someone else money to guarantee that they will buy those shares from you at $5 apiece on that date. So either you are going to be stuck in the contract or someone else will have to feel strongly enough that the contract has value that they are willing to take that liability off your hands. And the shares would have to be even lower than just 5.00 for it to be a gain of $6200. GME hasn't been below $5 since august and it's been steadily climbing since then despite the ongoing pandemic conditions (even before WSB shenanigans). And you think it's likely enough to fall beneath $5 in the next 9 months? That's not a bet that i'd make. --- |
| Topic | Stock Topic 19 |
| Forceful_Dragon 02/03/21 12:49:03 PM #300 | StartTheMachine posted... Goddammit I don't understand. It's a good thing only 15 orders filled lol I'll sell it. Well isn't that just the anticipated value of that agreement based upon the current situation? So wouldn't it still involve someone being willing to assume the liability which isn't necessarily a given? --- |
| Topic | Stock Topic 19 |
| Forceful_Dragon 02/03/21 12:40:41 PM #292 | ChaosTonyV4 posted... Coinbase takes 2% from every transaction? oh yeah, it's very oof. Coinbase charges a spread of about one-half of one percent (0.50%) for cryptocurrency purchases and cryptocurrency sales. However, the actual spread may be higher or lower due to market fluctuations in the price of cryptocurrency on Coinbase Pro between the time we quote a price and the time when the order executes. so you actually get completed screwed by the fees from coinbase unless you had massive gains. And so if you were just cashing out and making purchases it sounds like you'd be getting hit by .5% plus the flat fee every single time. As opposed to the conversation fee of 2% which seems like the lesser of all evils and avoids any of the flat fees. Binance.us on the other hand has much smaller fees which are reduced even further if you put some of your stack in BNB (their own coin) and use the BNB to pay the fees. https://www.binance.us/en/fee/schedule . But for now I'll see how much I can make from my free coinbase money until I can switch. --- |
| Topic | Stock Topic 19 |
| Forceful_Dragon 02/03/21 12:28:24 PM #290 | Jakyl25 posted... Pattern Day Trading doesnt apply to crypto I imagine? Nope, i've made nearly a dozen moves in the past 48 hours to try and catch different cryptos on their way back up from a dip. Now because coinbase takes 2% it's pretty slow but for example here are the moves with one of my crypto chunks: Link - $7.35 in, $7.64 out XLM - $7.50 in $7.95 out OMG - $7.77 in $8.87 out REN - $8.72 in (9.07 target) So when my stack in REN reaches a value of 9.07 I'll move it to something else before it dips. So I'm losing 2% every time I move it (and i'm pretty sure binance has a more favorable % available for that), but some of these smaller cryptos have so much variance that when one of my chunks (currently running 5) hits it's target I look for a crypto that has been having a bad hour or a bad day and switch it over. As each chunk hits $10 rather than converting the whole thing I'll split into two separate chunks. And I'm sure there is a ton of research that I'm going to need to do to figure out what is actually moving the needle on cryptos, but for now I just make sure that the ones i'm using seem to have a fair bit of daily variance, and that they recently dipped. --- |
| Topic | Stock Topic 19 |
| Forceful_Dragon 02/03/21 11:37:22 AM #274 | Jakyl25 posted... I learned yesterday that if you have under $25k in stocks and make too many day trades you can get labeled a pattern day trader and that limits you That specifically is why I'm holding off on doing much investing. I've got a Schwab account set up, and when I decide to sell my 5 free shares of AMC at some point (the ones I earned last week by putting in $1100 and taking it back out later that day) I'll probably move it there and do some baby trading. But the 3 day trades a week limit is pretty harsh. Ostensibly it's to "protect" investors who will ruin themselves by making bad trades, and by that logic if you have 25,000 in the bank you are a smarter person because...reasons? . But in crypto news I have so far managed to turn my free $36 into $38. That's $2 of profit baby! Still waiting for binance to verify me so I can get off coinbase. --- |
| Topic | Stock Topic 19 |
| Forceful_Dragon 02/03/21 10:11:31 AM #246 | I've been brushing up on puts and calls to better understand them because i'd like to know what i'm doing when I have money to invest, but I'm having trouble following this conversation. -Blur wants to buy a Put. Or is it more correct to say that Blur wants to Write a Put to someone else and they buy the Put from him? (We'll call them person A) -So Blur receives X from Person A for a contract that says that Blur *will* pay 20.00 per share if Person A exercises the contract. But that is something that person A would only ever do if the price falls below 20. -The idea is that the Blur will then turn around and sell this contract to someone else before the expiration date so he will no longer be on the hook if the contract is exercised? But then what is the incentive for person B in that scenario? I feel like I don't see the whole picture yet. --- |
| Topic | Stock Topic 19 |
| Forceful_Dragon 02/03/21 12:13:58 AM #207 | StartTheMachine posted... I still can't believe I got greedy on AMC after my account hit 100k and bought back so fast Just a reminder from yourself from earlier today :D --- |
| Topic | You guys see what's going on with GameStop's stock? |
| Forceful_Dragon 02/02/21 10:54:52 PM #284 | I hope none of us were foolish enough to wager shirts we couldn't afford to. --- |
| Topic | Politics Containment Topic 363: SEC Speed |
| Forceful_Dragon 02/02/21 4:11:19 PM #76 | kevwaffles posted... I'm still confused what the moderate GOPers were proposing other than not giving money to households making over 150K a year, which sounds fine in theory but also more trouble than it's worth. Both the $1200 and $600 stimulus were set up to phase out above $75,000 for an individual and $150,000 for joint taxpayers. I haven't looked at the proposed $1400 but are they saying that it's going to go out to literally everyone? Because the first two did not. --- |
| Topic | Stock Topic 19 |
| Forceful_Dragon 02/02/21 1:16:57 PM #115 | If the price goes down you lose money by having stocks that are less valuable than the amount of money you put into them. So at that point your money is tied up in a long term investment until the stock recovers. --- |
| Topic | Stock Topic 19 |
| Forceful_Dragon 02/02/21 11:23:26 AM #71 | AMC has already rebounded 33% from it's dip. Wish i had money to throw at it :D It's okay though, I'm focusing on turning that free $36 coinbase gave me into some tiny crypto gains. Soon I will have $37! Coinbase takes 2% any time you convert from one coin to another so I have to make sure I get a 4-5% return before moving any of it. I'm pretty sure Binance takes less so I need them to hurry up and finish verifying me, it's been 5 days already. Binance also has a more complicated interface for making transactions though so I'll need to watch some videos when I switch. --- |
| Topic | Stock Topic 19 |
| Forceful_Dragon 02/02/21 9:33:00 AM #50 | CaptainOfCrush posted... (unless you like the thrill... which I'm guessing you might lol) That has not been my impression of moonroof at all <_< --- |
| Topic | Stock Topic 19 |
| Forceful_Dragon 02/02/21 9:32:22 AM #47 | I would recommend watching youtube videos for a couple hours before putting in such a stake yourself. --- |
| Topic | Stock Topic 18 |
| Forceful_Dragon 02/01/21 7:00:38 PM #481 | MysticBrohan posted... i recommend Algorand. Consistent gains, easy to anticipate, 7% APY, and a legitimately good project Awesome thanks! And do you recommend them as a long term thing or as one of a handful of crypto to rotate a portion of my portfolio into to capitalize on smaller gains? --- |
| Topic | Stock Topic 18 |
| Forceful_Dragon 02/01/21 3:54:40 PM #430 | there seems to be enough variance and oscillation on some cryptos that I should be able to reliably get a small 2 or 3% gain as long as I'm not moving a chunk to them just as it hits an all time high. So i'll try putting $7.20 into 5 different cryptos and waiting for them to hit $7.42 before moving them into a different crytpo that is at a lower end of an oscillation. Repeat ad naseum, so it will keep moving unless I end up in 5 different cryptos that all continue to lose value or never strike a 3% increase. --- |
| Topic | Stock Topic 18 |
| Forceful_Dragon 02/01/21 3:45:19 PM #425 | CoolCly posted... i watched every single video for this and didn't get ANYTHING and im butthurt about it. if they had thrown me that bone i might have gone into crypto instead of the stock market to begin with Did you answer the questions? Every video was followed by a (ridiculously easy) question about that particular currency and so I earned $1-$3 per video/question until i'd exhausted all their available freebies. Currently I'm planning on dividing my free money between 5 different cryptos and then moving it to a new crypto every time it sees a small gain (maybe 3% or so?). But I'm honestly not sure what good strategies are for cryptos other than the "sit on the random ass crypto valued at .00000001 and hope it gets popular some day". --- |
| Topic | Stock Topic 18 |
| Forceful_Dragon 02/01/21 3:36:54 PM #421 | Forceful_Dragon posted... Coinbase just gave me $5 of Bitcoin. What crypto should i transfer it into? To follow up on this, apparently Coinbase just throws crypto at you when you get started. I watched a dozen videos about a handful of different cryptos and was given small chunks to get started and I now have a portfolio of $36 on Coinbase without having to put in any money myself. I'm still waiting for Binance.Us to verify me so I can do stuff there, but in the mean time I'll diversify my free $36 and try to catch some small gains with it by rotating it through different cryptos that are experiencing rises. --- |
| Topic | Stock Topic 18 |
| Forceful_Dragon 02/01/21 3:22:48 PM #416 | |
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