Current Events > I have a confession, CE; I'm not a crypto small-fry. I've made nearly 30k. AMA.

(+) Yeah! (+)

I actually broke 30k earlier this morning, but obviously crypto fluctuates dramatically.

Initial investment was around $500.

AMA
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you haven't "made" a dime until you cash it out, though.
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Sell, sell, sell
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How do I invest in these currencies? what sites should i use?
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What's your plan when you become a millionaire?
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solosnake posted...

How do I invest in these currencies? what sites should i use?

Binance
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What exchange are you using that has ripple at 3.10? I wanna send my ripple over there and sell it all
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CableZL posted...

What exchange are you using that has ripple at 3.10? I wanna send my ripple over there and sell it all

Ripple hit that on binance yesterday.
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_Marka_Ragnos_ posted...

CableZL posted...

What exchange are you using that has ripple at 3.10? I wanna send my ripple over there and sell it all

Ripple hit that on binance yesterday.

Ah, I see. About the same on Poloniex.
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Sorry, you're still a small fry

The only non-small fry is MagicDonut

clearaflagrantj posted...

Sorry, you're still a small fry

The only non-small fry is MagicDonut

you're a medium fry with your 8 bitcoin
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Persona6 posted...

clearaflagrantj posted...

Sorry, you're still a small fry

The only non-small fry is MagicDonut

you're a medium fry with your 8 bitcoin

Interesting guess

Giant_Aspirin posted...

you haven't "made" a dime until you cash it out, though.

True, I might pull out a majority of it soon.

emblem boy posted...

What's your plan when you become a millionaire?

I'll never go to millionaire status, I'm getting close to cashing out anyways.

clearaflagrantj posted...

Sorry, you're still a small fry

I mean, I'm probably one of the biggest fries on GameFAQs, that's for sure. I wasn't trying to compare myself to Donut.
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Muffinz0rz posted...

I'll never go to millionaire status, I'm getting close to cashing out anyways.

My advice that I plan on following: only withdraw about 10-20% a year, that way it will continue to grow at a great rate.

I see so many horror stories of people withdrawing more than 50% for cars and dumb shit.

Muffinz0rz posted...

I mean, I'm probably one of the biggest fries on GameFAQs, that's for sure. I wasn't trying to compare myself to Donut.

That's fair, I'm just desensitized by all the old pros on reddit that bought in back in fucking 2012 and mined hundreds.

Hopefully five years from now the noobs will think about us that same way

clearaflagrantj posted...

My advice that I plan on following: only withdraw about 10-20% a year, that way it will continue to grow at a great rate.

I see so many horror stories of people withdrawing more than 50% for cars and dumb shit.

Yeah this isn't a horrible idea, but I always have this thought in the back of my mind where like I'll be asleep at 3AM when some sweeping resolution will come through and everything plummets and I lose it all. I at least want a liquid amount of money that I would be satisfied with in the event that this happened.

clearaflagrantj posted...

That's fair, I'm just desensitized by all the old pros on reddit that bought in back in fucking 2012 and mined hundreds.

Hopefully five years from now the noobs will think about us that same way

Here's hoping

I worry though, but hey, the more mainstream it gets, the more it will grow (though also the more attention it will receive)
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No ETH? That's not all I own but it's probably 90% of my portfolio. I've made a significant amount from it (to me especially) and I'm not cashing out any time soon
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Crayon_Lover posted...

No ETH? That's not all I own but it's probably 90% of my portfolio. I've made a significant amount from it (to me especially) and I'm not cashing out any time soon

Maybe. I see it as a good choice for long-term gains. Is now a good time to move over? It's been flirting with 1k for a while, but only briefly broke it. Might not be a bad idea to move some over, as I bet it eventually creeps over 1k and stays there.
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Muffinz0rz posted...

Crayon_Lover posted...

No ETH? That's not all I own but it's probably 90% of my portfolio. I've made a significant amount from it (to me especially) and I'm not cashing out any time soon

Maybe. I see it as a good choice for long-term gains. Is now a good time to move over? It's been flirting with 1k for a while, but only briefly broke it. Might not be a bad idea to move some over, as I bet it eventually creeps over 1k and stays there.

I'm going to sound like a broken record but fuck yes ETH is gearing up for incredible returns this year, and this current Bitcoin rally is only going to help because it will carry ETH and LTC with it

clearaflagrantj posted...

Muffinz0rz posted...

Crayon_Lover posted...

No ETH? That's not all I own but it's probably 90% of my portfolio. I've made a significant amount from it (to me especially) and I'm not cashing out any time soon

Maybe. I see it as a good choice for long-term gains. Is now a good time to move over? It's been flirting with 1k for a while, but only briefly broke it. Might not be a bad idea to move some over, as I bet it eventually creeps over 1k and stays there.

I'm going to sound like a broken record but fuck yes ETH is gearing up for incredible returns this year, and this current Bitcoin rally is only going to help because it will carry ETH and LTC with it

hmmmmmmmmmm
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You shouldnt have confessed, I work for the IRS
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Kazi1212 posted...

You shouldnt have confessed, I work for the IRS

Lol I have all my transactions and big gainz ready to report
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Would you say getting to that amount was easy and didn't require much work TC?
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TheCEmanCometh posted...

Would you say getting to that amount was easy and didn't require much work TC?

Oh yeah most definitely. Not gonna lie there was luck involved (i.e. getting in early when the whole thing totally could've flopped by now). But my day job is so easy that I have lots of time to just dick around on exchanges. But even if I didn't spend an hour or so a day on trading, I'd still be damn near 30k solely based on getting in so early.
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Muffinz0rz posted...

TheCEmanCometh posted...

Would you say getting to that amount was easy and didn't require much work TC?

Oh yeah most definitely. Not gonna lie there was luck involved (i.e. getting in early when the whole thing totally could've flopped by now). But my day job is so easy that I have lots of time to just dick around on exchanges. But even if I didn't spend an hour or so a day on trading, I'd still be damn near 30k solely based on getting in so early.

Yeah. I feel the same. I think If I started when Bitcoin was 7,000 2-3 months ago I'd have on a lower estimate $20,000 on a high estimate 75,000+ since Bitcoin shot up from 7,000 to now being worth 17,500.

Are you gonna invest in any more altcoins?
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TheCEmanCometh posted...

Muffinz0rz posted...

TheCEmanCometh posted...

Would you say getting to that amount was easy and didn't require much work TC?

Oh yeah most definitely. Not gonna lie there was luck involved (i.e. getting in early when the whole thing totally could've flopped by now). But my day job is so easy that I have lots of time to just dick around on exchanges. But even if I didn't spend an hour or so a day on trading, I'd still be damn near 30k solely based on getting in so early.

Yeah. I feel the same. I think If I started when Bitcoin was 7,000 2-3 months ago I'd have on a lower estimate $20,000 on a high estimate 75,000+ since Bitcoin shot up from 7,000 to now being worth 17,500.

Are you gonna invest in any more altcoins?

I keep telling myself no, because I'm happy where I'm at, but I'm sure I'll fall for some more hype.
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