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You can be a whale while not owning an exchange at all.
My source is word on the street throughout as I was monitoring closely (756K coins @ $.329). Might be wrong but the traps were too perfect and too consistent for it to be a group of whales. Cardano is my next play. After this madness calms down. Moved to Ethereum for now. Then it dipped. LMAO. Should have stored in BTC but ETH I'd so hot right now. As is Cardano. |
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Cardano is up 50% over the last month, ETH is up 86%. Bitcoin is still down but I suspect that won't last for long. The only altcoin I'm considering right now is XLM, if it gets down closer to $.50 again I'll probably take a small position. |
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Why the hate? Thanks |
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This biggest thing I'm seeing if you read between the lines is people hate them because they're the biggest exchange company and are acting like a bank when it comes to crypto. They will freeze people's accounts when they try to send their bitcoin to shady companies and/or for purchasing illegal items online. In their eyes CB's regulations go against the whole reason crypto became popular in the first place and they shouldn't be dictating where people can or cant spend their money. I don't use crypto for purchasing anything, just for investing purposes and even if I did I wouldn't be buying anything I'd have to worry about getting in trouble for so this doesn't affect me either. And then there's a huge vocal presence online that hate them simply because they dont offer Dogecoin yet. |
Considering the strategy of putting $100 each into alts like cardano, chainlink, ixec RLC, Cartesi....and then let them ride until they do something big.
I'm not knowledgeable enough to time dips and tops. Good idea, dumb idea? THoughts? |
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Thanks! |
In 2017 I bought into xrp pretty big, I used binance and just let it sit and forgot about it. Apparently binance stopped using USA customers so my shit was stuck. Had to download a vpn to make it look like I was in the UK to finally be able to pull my crypto out of it. I took some big gains on xrp and converted it to Bitcoin and moved it over to coinbase. Once in coinbase I switched half of it over to ethereum and plan to just hold those two like a savings account.
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Hoped they were big enough to have the firewalls in place. Wish I would have jumped in during 2017. :( A lot of my techies were in and have made some serious $$. Jumped in last week and having fun. |
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Just spent a fun few hours building a spreadsheet to keep track of the buying and selling transactions and how the portfolio is doing.
Wish there was some way to keep track and monitor dynamically. Trying to calculate how soon ETH will hit $150K and I can order a Cirrus airplane. :) |
So I've made the decision to finally jump into crypto, but I have a question.
I'm setting up an account on Coinbase, and trying to link my bank account. It's asking me for my bank account log in ID and password, instead of the account number and routing number. Do all of these crypto sites ask for your log in ID and password to your bank account, or Paypal account? |
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