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I'm planning on just living off their wealth if it ever goes big. :D |
After two weeks of investing, I'm having a blast learning about this wonderful new world of cybercurrency.
Buying safemoon today...once I figure out how to do it. Had been using pro coinbase before to buy more traditional coins such as ADA, ETH. Where do y'all go to keep up with new trends and opportunities? What sites do you follow? Thanks! |
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Safemoon has an interesting concept. It's value is in holding long as there is a 10% fee on withdrawals. Half of the 10% is distributed among coin holders and the other 5% is burned. This eventually draws down the number of coins theoretically making the price increase.
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I had 40 pct of my Net Worth tied up in Crypto until last Wednesday. Now I need to figure out what to do with 500k USD. I was so worried about the tone of Elon's tweet I sat out of a televised on YouTube poker stream to get rid of 1/3 of my BTC immediately (after hodling for nearly 7 years). I found out about it about 32 min after, and BTC tumbled from 56k to 45k in a matter of hours. I expected it to quasi recover but continue to bleed. Now Elon basically just acknowledged that Tesla is going to sell its remaining BTC holdings.
Think I got a good amt out at the right time. Probably should have sold 75% of it instead. Guess Ill be holding the bag on the rest. Hopefully we'll have another big pump in two years and we can publicize mining in areas that have renewable energy to appease the hippies. |
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"Not a financial Advisor" BTW ... I'm surprised you let Elon control your portfolio when he has NOTHING to do with actual bitcoin. |
Elon has huge influence though
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I think the answer is pretty simple... profit off mass hysteria and buy the dip. Long term BTC is going to do what it does regardless of a Elon tweet or a Tesla dump.
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Holy shit almost the entire crypto market is taking a dump. I bought more btc @ 45, should have just waited.
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fortunately it always comes back even better. |
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Guess I shouldn’t have liquidated all my stocks to put in crypto last week.
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Oh god safemoon just released a video about their wallet with a card you can pay with and on the screen where you pay it said aprooval. Great makes me feel really good
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