Current Events > Crypto General #1: Bearish af

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clearaflagrantj
11/30/17 10:32:28 PM
#1:


Welcome to the official CE Crypto General

Let's stop spamming CE because it triggers some posters, discuss all crypto related bullshit here
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Turbam
11/30/17 10:33:35 PM
#2:


I'm planning on converting one of my ltc to Obsidian, do you think this is a good move?
Id have one ltc left, I also bought 200 dollars worth of eth
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SwordMaster13X
11/30/17 10:50:34 PM
#3:


What alt coins do you recommend getting into?

I got some into bitcoin and eth like thirty bucks in total because I'm new to this. I may put some into Litecoin.

I'm thinking about increasing what I've invested but I'm looking to see when the three big ones calm down because eth and bitcoin have been really down.
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#4
Post #4 was unavailable or deleted.
Returning_CEmen
11/30/17 10:59:33 PM
#5:


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GoSteelers
11/30/17 11:02:53 PM
#6:


jung vf ovgpbva
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clearaflagrantj
11/30/17 11:03:16 PM
#7:


Turbam posted...
I'm planning on converting one of my ltc to Obsidian, do you think this is a good move?
Id have one ltc left, I also bought 200 dollars worth of eth

I'd keep the LTC, much more likely to go up in value

SwordMaster13X posted...
What alt coins do you recommend getting into?

I got some into bitcoin and eth like thirty bucks in total because I'm new to this. I may put some into Litecoin.

I'm thinking about increasing what I've invested but I'm looking to see when the three big ones calm down because eth and bitcoin have been really down.


In order of what you should invest in (imo):

1. ETH
2. BTC
3. LTC
4. XMR
5. BAT
6. WTC
7. NEO
8. SC
9. Bcash
10. LINK

Personally I'm 45% BTC, 35% ETH, 15% LTC, 5% alts
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BignutzisBack
11/30/17 11:03:50 PM
#8:


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Turbam
11/30/17 11:09:06 PM
#9:


Alrighty, guess I'll keep the ltc for now.
are there any penny coins that you've heard anything about?
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clearaflagrantj
11/30/17 11:14:26 PM
#10:


Turbam posted...
Alrighty, guess I'll keep the ltc for now.
are there any penny coins that you've heard anything about?

Not really, I don't do much research into new altcoins. Bloom maybe, Cardano or whatever is ripping ass, SC, BAT, and DOGE are all cheap. You should be looking for good coins with promising teams and low market caps rather than the price of the coin itself.
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TheMarthKoopa
11/30/17 11:15:31 PM
#11:


Is Vertcoin good

I have 9
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FFVII_REMAKE
11/30/17 11:16:04 PM
#12:


Literally no mentions of ADA, XRP, and CLOAK.
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#13
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#14
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#15
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Turbam
11/30/17 11:29:42 PM
#16:


clearaflagrantj posted...
Turbam posted...
Alrighty, guess I'll keep the ltc for now.
are there any penny coins that you've heard anything about?

Not really, I don't do much research into new altcoins. Bloom maybe, Cardano or whatever is ripping ass, SC, BAT, and DOGE are all cheap. You should be looking for good coins with promising teams and low market caps rather than the price of the coin itself.

Ok, thanks. I guess I'll start trying to do research on alt coins.
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SomeLikeItHoth
11/30/17 11:30:36 PM
#17:


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NeonOctopus
11/30/17 11:31:05 PM
#18:


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FFVII_REMAKE
11/30/17 11:32:51 PM
#19:


How do you determine how many altcoins to buy? For example I've got like 20 ripple coins since everyone is talking about it and its dirt cheap and only a few others like in SC and CVC.
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KainWind
11/30/17 11:37:53 PM
#20:


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closetkpopfan
11/30/17 11:42:59 PM
#21:


Cardano seems like a coin that is a solid investment IMO. It came out in September and it's already done as well as it has. I can definitely see it making people rich in a few years. The problem with it though is the circulating supply. In order for it to hit even $1 a coin it would need something like a 28 billion in market cap, so it still has a long way to go.

Might be able to make some money off of NXT, I think on Christmas if you own NXT you will be given 0.5 Ignis for every NXT, and Ignis is a new blockchain. I imagine people will start pumping NXT closer to Christmas, but I'm extremely new to this and I could be completely wrong on that.

FFVII_REMAKE posted...
How do you determine how many altcoins to buy? For example I've got like 20 ripple coins since everyone is talking about it and its dirt cheap and only a few others like in SC and CVC.


You buy as much as you're willing to invest. Don't look at it by coin count, determine how much money you want to put in and then see how many coins you'll get with it.
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#22
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BlazinBlue88
12/01/17 8:09:45 AM
#23:


Been waiting a while for LTC to go back up. Intended to sell at $100 to put into IOTA and ARK but now idk...
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GoriIIa
12/01/17 5:11:12 PM
#24:


tag for later

bought a good amount back in june

bought more last night

and more earlier

have questions! :(
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clearaflagrantj
12/01/17 5:48:11 PM
#25:


FFVII_REMAKE posted...
Literally no mentions of ADA, XRP, and CLOAK.

ADA obviously has potential because it shot up to Top 10 overnight, but I have barely done any research on it

XRP is dogshit even though I own some

What is CLOAK?

TheMarthKoopa posted...
Is Vertcoin good

I have 9

Yes, keep mining it.

NeonOctopus posted...
Didn't Dogecoin crash hard tho?

Yes

Doge is weird, it only goes up in value because it's a gimmick, and that's why it's as valuable as it is, I don't think it will ever go away so I don't see a problem in putting a tiny amount in it for the memegains.
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FrenchCrunch
12/01/17 5:50:23 PM
#26:


tag

back when litecoin briefly hit 96 in july i sold what i had, made 3k. would have reinvested that, but fell on some tough times. it's time i finally learn about this shit for real though

clear, what are some the resources you've been utilizing to get information/news? do you know of any comprehensive beginner guides?
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clearaflagrantj
12/01/17 5:57:32 PM
#27:


FrenchCrunch posted...
tag

back when litecoin briefly hit 96 in july i sold what i had, made 3k. would have reinvested that, but fell on some tough times. it's time i finally learn about this shit for real though

clear, what are some the resources you've been utilizing to get information/news? do you know of any comprehensive beginner guides?

Reddit

Reddit Reddit Reddit Reddit

r/BitcoinMarkets
r/ethtrader
r/LitecoinMarkets
r/CryptoCurrency
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BlazinBlue88
12/01/17 7:05:18 PM
#28:


R/cryptocurrency is such a circle jerk even though I use it all the time...
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C_Pain
12/01/17 7:06:07 PM
#29:


My $25 in BTC is now netting my over $6 in profit~!!
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How quaint.
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darkphoenix181
12/01/17 7:06:13 PM
#30:


https://www.gamefaqs.com/boards/1395-cryptocurrency
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DifferentialEquation
12/01/17 7:09:29 PM
#31:


tag
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There's no business to be taxed.
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Naysaspace
12/01/17 7:10:39 PM
#32:


clearaflagrantj posted...
FrenchCrunch posted...
tag

back when litecoin briefly hit 96 in july i sold what i had, made 3k. would have reinvested that, but fell on some tough times. it's time i finally learn about this shit for real though

clear, what are some the resources you've been utilizing to get information/news? do you know of any comprehensive beginner guides?

Reddit

Reddit Reddit Reddit Reddit

r/BitcoinMarkets
r/ethtrader
r/LitecoinMarkets
r/CryptoCurrency

for my experience, reddit has a very skewed, cult-like mentality. Especially the Bitcoin sub forum. Basically, it's "THE_DONALD" but with hackercash.
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DifferentialEquation
12/01/17 7:10:49 PM
#33:


What sites do you recommend for trading alts?

I use coinbase to purchase the main 3, and I have an account on hitbtc to trade for alts but it doesn't have everything listed.
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KainWind
12/01/17 7:12:25 PM
#34:


So when should I be looking to buy more btc/eth/ltc? I know dips, but as they go up over time it seems like earlier is generally better.
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FightingGames
12/01/17 7:14:25 PM
#35:


worth investing in ChainLink? It is ATL with an ambitious roadmap. But the coin has suffered by lots of P&D schemes
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FightingGames
12/01/17 7:18:17 PM
#36:


DifferentialEquation posted...
What sites do you recommend for trading alts?

use whatever market that has the highest volume. They are less prone to manipulation

Here are the available markets for ETH for example:

https://coinmarketcap.com/currencies/ethereum/#markets
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Rob Cesternino
12/01/17 7:33:54 PM
#37:


DifferentialEquation posted...
What sites do you recommend for trading alts?

I use coinbase to purchase the main 3, and I have an account on hitbtc to trade for alts but it doesn't have everything listed.


Bittrex
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AlternativeFAQS
12/01/17 7:34:29 PM
#38:


EMC2
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clearaflagrantj
12/01/17 7:36:33 PM
#39:


Rob Cesternino posted...
DifferentialEquation posted...
What sites do you recommend for trading alts?

I use coinbase to purchase the main 3, and I have an account on hitbtc to trade for alts but it doesn't have everything listed.


Bittrex

Binance too

FightingGames posted...
worth investing in ChainLink? It is ATL with an ambitious roadmap. But the coin has suffered by lots of P&D schemes

I'm bagholding LINK right now, I think it's worth it
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MarqueeSeries
12/01/17 7:37:11 PM
#40:


What's wrong with XRP? It's seen decent gains this year
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ItsYourFault
12/01/17 8:06:29 PM
#41:


MarqueeSeries posted...
What's wrong with XRP? It's seen decent gains this year

i'd like to know as well. everything i read on investment sites said its a great buy.
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Dragon239
12/01/17 8:18:27 PM
#42:


What's the easiest way to buy $2-5k of LTC?
Go to coinbase, buy it via CC, maybe deposit it into Exodus wallet?

Is this what I should be doing?
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ItsYourFault
12/01/17 8:19:24 PM
#43:


Dragon239 posted...
What's the easiest way to buy $2-5k of LTC?
Go to coinbase, buy it via CC, maybe deposit it into Exodus wallet?

Is this what I should be doing?

i used coinbase, it was easy. not sure about the wallet part as coinbase serves as a wallet as well.
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clearaflagrantj
12/01/17 8:45:52 PM
#44:


Dragon239 posted...
What's the easiest way to buy $2-5k of LTC?
Go to coinbase, buy it via CC, maybe deposit it into Exodus wallet?

Is this what I should be doing?

I see three options to buy LTC:

1. Register on Coinbase, link your bank account, buy at a 1.5% fee

2. Register on Coinbase, transfer money to your linked GDAX account (same company, different website), wait 4-5 business days for a money deposit to fill, then buy LTC at either a 0.25% or 0.00% fee (though waiting 4-5 days means the price can change)

3. Register on Gemini, buy BTC and ETH at a very low fee (I forgot what their fee is but it's low as fuck), move the BTC and ETH to either Coinbase, Bittrex, or Binance, then trade to LTC (or any alt).

Also I can't speak for the Exodus wallet, I suggest a Ledger Nano S or a Trezor but those can take some time for shipment.
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clearaflagrantj
12/01/17 8:47:04 PM
#45:


ItsYourFault posted...
MarqueeSeries posted...
What's wrong with XRP? It's seen decent gains this year

i'd like to know as well. everything i read on investment sites said its a great buy.

Because it's centralized, it's basically no different than Paypal or anything else.
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GoriIIa
12/01/17 10:23:34 PM
#46:


Will cryptos crash
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FightingGames
12/01/17 10:38:10 PM
#47:


GoriIIa posted...
Will cryptos crash

it already crashed at least 10 times
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FFVII_REMAKE
12/01/17 10:49:54 PM
#48:


What makes a coin "good"? I have no idea what kind of information I should be looking for between altcoins that determines whether or not it could be a good investment. People just say bid on these or those altcoins but don't state why.

Most of them seem to do the same exact thing which is to be decentralized with quick processing transactions and low fees. What am I looking for beyond that?
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ItsYourFault
12/02/17 3:53:19 PM
#49:


created my own pool to mine vert
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closetkpopfan
12/02/17 6:27:54 PM
#50:


closetkpopfan posted...
Might be able to make some money off of NXT, I think on Christmas if you own NXT you will be given 0.5 Ignis for every NXT, and Ignis is a new blockchain. I imagine people will start pumping NXT closer to Christmas, but I'm extremely new to this and I could be completely wrong on that.


Looks like it's taking off right now, wish I had trusted my gut and got more then I did. Oh well, still a long ways until Christmas so I expect it will dip a bit before then after this spike.
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