Cardano and Polygon making moves

yes they are :)

ADA's ErgoDEX Beta is now live and a smart contracts announcement tomorrow has ADA seeing serious gains.

SOOOOO>>>How do you trade?

What is your investing methodology?
1) Long-Term Investing: Buy and hold?
2) Swing Trading?
3) Trend Trading?

https://www.investopedia.com/article...ing-trader.asp

In the 3 months I've been learning and trading, I'm finding that I'm buying low and selling around 50% appreciation. Maybe as I get more comfortable, I'll risk more and buy and sell on smaller swings such as 25%.

I don't have a roadmap about how to optimize my cyber trading and time invested, but at least I'm making something.

How do you trade?

Words of wisdom?

I started swing trading LiteCoin a few years back Would sell around $200 and buy back around $120. Then I changed my email address and it screwed up my access to my account for about two years. When I got it straightened out last May I moved everything over to Cardano and polygon. Been letting those sit as I bought in at a high point but they're about back to even now. Everything seems to follow BTC so when it starts tanking again I'll sell them and try to find the bottom to buy back in.

Are you staking your ADA?

I'm staking mine, at least most of it.

I don't even know what that means??

You will soon enough: https://cardano.org/stake-pool-delegation/

Luna and doge and bitcoins buy them to the mooon!

Invested today in SOL. Exploring if I can get a position in Helium.

Decided that DCA weekly was the best use of my time.

Plus fun money and time learning about new coins with future potential.

HNT will be a winner. Awesome project and received a major investment by A16Z (Andressen Horowitz Incubator)

https://www.coindesk.com/a16z-leads-...or-heliums-hnt


SAFEmoon in death spiral

I've had x2 HNT miners on order for months.

I wish they would hurry the Eff up and get here.

Something to consider.

https://www.kucoin.com/margin/lend

I've had 2 loan offers opened and closed so far. I'm a bank now. Both payed out more that my entire ADA stake pool does. Which is considerably larger.

Looks like Webull might let you buy Shiba coins soon. They moved it up to tradeable coins, but you can't buy it at the moment. Looks like the same thing they did when they first allowed you to buy Doge.

Solana is currently mooning my portfolio right now this shits beautiful. If any of you didn't buy some I'd highly suggest putting in some limit buys for it @ 58 - 40 dollar range.

I can see the market dropping over the course of the next two days so if you didn't get in on a bunch of coins the next couple days might be a huge blessing.

Dave, have you researched OUTLET at all?
I have some money in there (Lending) earning 9% interest.

Thoughts?

Looks fine to me and you might check out https://www.reddit.com/r/borrow/ as well.

I'm enjoying being part of the crypto ecosphere so I do what I can in there. Staking and lending help the system and development.

Britney Spears has been using Bitcoin since 2014 to hide purchases from her dad

Just broke 49k!

safemoon just went through a huge whale selling off and it plummeted the price. Now its back up 20% today

Yep, I knew youd be right. The reason I threw that question out is because I was just thinking why not use a 0% credit card offer next time it tanks to buy as much as the card allows. They're usually 12-18 month offers. Buy 30K bitcoin ,let it go to 50k+, sell of the 30k and profit the 20.

So did you do it?

No, but I thought about it. :(

Didn’t know you can buy crypto with a credit card?

Whoever might be contemplating this, just make sure you know what the hell you are doing before you start doing that. A card interest payment far exceeds bitcoin and related coin gains many months at a time. I'd suggest cashing a 401K over that. Especially now while it's cheap to do so. All this is depends on you being a HODL'r vs Trader.

If you are borrowing to trade, borrow from the ecosystem. I have crypto offered up for load to margin traders or whoever. Decent passive income there at about .085 per day (though it goes to 1 during a bull run like we are seeing now).

Just don't be foolish and don't be greedy. Greed breeds foolishness. Buying an investment on credit requires room to take that hit if it doesn't work out.

I don't like this option availability. Especially for the kids who see credit as free money. I was that kid once. Didn't work out.

How does 0% interest far exceed gains on a bitcoin.

I dont know about you guys and Im admittedly not the greatest at TA but that BTC chart is looking bullish af, 100k by end of year is more likely than not in my opinion.

About to cross 50k

I tossed $500 in to btc a few weeks ago

Coincidentally, I have a very large position in UWMC as well.

Really close to 50k, I bet it's gonna pullback a decent amount here soon when it hits that resistance.

Yea. That was a dumb post. ROFL

Cardano surpassed ATH this morning.

I've got some Cardano. How should it be played? Let it ride a little higher and sell or just keep it long term???

Smart contracts go live on Sept. 12. We are running up to that. Next is scalability and governance initiatives. Those two are big. I like it long term. Probably a pullback after smart contracts go live.

Do you own any Polygon?

Just ADA right now. Staked. Staking gets me, on average, 165 ADA every 5 days as well as whatever the price does. That's 5ish% just for having it.

I'm long term and real bullish about it. I believe ADA will boost Emerging Market investments as well.

165 every 5 days. Holy shit, that adds up fast. I need to stake mine I guess but can't figure out how on Coinbase. I don't see a staking button. LOL

You can stake on Coinbase. Maybe an "earn" link (that's how it is on Kraken).

Note that they pay out every 7 days. That's 11 payments less than through a wallets payout schedule, which is at the end of each epoch.

You are better served to move it to a wallet and stake from there. I suggest ADA's wallet, Yoroi. Staking delegates are available there.

Then you will be all into blocks and delegators and epochs and saturation and pool size as you make your decision. :)

Most don't recommend keeping your coin on an exchange. It's not really yours unless it's in your wallet. I don't see the risk, personally, and believe more exchanges are offering staking options in part to keep money on their exchange.

Now regarding Coinbase. If you do sell, I'd highly suggest you move to another exchange first. CB has horrendous sell rates. It's for suckers, literally. CBpro is the the easiest move. Seamless actually. I found Kraken to have the best fees. Kraken has the best everything, IMO.

Looks like Cardano is not able to be staked on coinbase

https://help.coinbase.com/en/coinbas...king-inflation

Eligible cryptocurrencies for staking
Cryptocurrency Minimum Balance Needed Rewards Payout Rate
Algorand (ALGO) .01 ALGO Daily
Cosmos (ATOM) 1 ATOM 7 days
Ethereum (ETH) No minimum balance Daily
Tezos (XTZ) 1 XTZ 3 days

I have heard that staking ETH is not a good idea. They keep some if you unstake, or something like that. I don't know much about it but the general sense it that it's scammy. Binance staking is scammy as well.

Yeah, not sure why anyone would buy/sell on regular Coinbase when you can use the Pro version.

I just checked, I have a sell order in Pro for .116 BTC at $99,500. If/when it executes my CB pro fee is less than 5 bucks.

They feast on FOMO. And of course we are still friends, jackass.

If you are making that much, you have a shit ton of Cardano.

OK, got my stuff transferred to coinbase pro . Thanks for the suggestion guys!

Man, after reading that I had to look up staking more. I had some coins in Kraken, but nothing that I was able to stake. Just bought a few hundred worth of ADA and staked it. Thanks for the heads up, I'll see how it goes from here.

What vague nonsense are you spewing today? This.

Eh. Wrong choice or words. It's just what I heard, vaguely. He's smart enough to look into it.

50K

What's this new hog bill in California going to do to bacon prices?

You won't see any change in the long run , not because of this. The industry has already been moving this way for years, Any way the cost will be taken by the producer as usual. The packers control the price and don't give a shit about the producer.

Yeah ,I know most packers own Hogs too but that just makes it easier to continue to squeeze the family farm.

A pencil pusher for a regional bank chain says building loans are being made two years longer. Poor shmucks are going to keep creeping closer and closer to 20 year notes on what amounts to a hazmat site when they finally get it paid off.

Cardano is going apeshit. I haven't decided when to sell yet, but this run up is crazy.

I sold a couple thousand at 2.53 thinking it would have a small pull back before moving up again. I was wrong. Thankfully that was only around 25% of my position but the decision still cost me around $750. Waiting for a dip to put it back in.

:(

I own almost no Cardano. Should have got a ton a month ago once I heard some news. But too lazy. Have to find my wallet, sign on my wallet, then mess with an exchange. Yawn.

I feel like it's not done yet, and the thing is, if Bitcoin can continue its current bull run strong and break back over 60k again then Cardano will continue as well into the $3.50 range

ADA is available in Japan starting tomorrow.

That is a good thing, right?

What’s the difference between ADA USD, ADA BTC, and ADA USDC?

Amp is up again today. This will be the next to triple by the end of the year.

Also, what’s the difference between fiat, stable coin and crypto markets?

Thanks in advance


Edit: a google search gave me the basic differences, I want more experienced users to give me some layman explanation of why they use one over the other, ie usefulness and costs. Ease to put back in my bank and use traditionally. Etc

Comparing the price of ADA vs those others. USD is US Dollars, BTC is Bitcoin, USDC is a stable coin for US dollars. So if you look at ADA BTC you can see how ADA is performing compared to Bitcoin.

But the ADA usd is on fiat market, supported by the good ‘ol us gov
The ada usdc is on the stable coin market, backed by physical investments
The ada btc is on crypto market. Backed only by the crypto currency EDIT. I see now it’s a way to convert btc to ada

Iirc. And from my limited understanding. I saw prices are on a downward side so I’m going to go back and try to decide my by in prices for one of these

I get the feelings the fiat and stable coin are newer but possibly more “secure”

USDC and USDT should pretty much always match up to USD because it should be a 1 to 1 relationship. However, there has been more and more talk about the US govt looking to target stable coins because they effectively don't want a stable coin for the US dollar that isn't controlled by them. I have no idea where all of that will go and I've sort of avoided using them just for that reason but you can gain pretty high interest by borrowing out USDC or USDT in certain places as mentioned a few pages back in this thread.

So how do you take profit when coins are ATH?

2nd, do you use stop orders when prices are dropping?

1. Sell
2. Yes. I will have quite a few when/if ADA hits $3.50.

My brother just got a Voyager account and wants to invest. Where should he start? Cardano?

So cardano is at ATH (2.80) but the talking heads say it should go to $5-$10 by year end.

Diversify across BTC, ETH, and ADA for starters.

Would you wait for a pull back or just jump right in?

Safemoon

DCA is the proven method and I'd start now.

Something to note: Every month this entire year there's a dip at this time. Date between 19-23rd and Monday - Wednesday. Except for the May dip. That happened during a weekend. Look at June and July. They stand out. And if you look closer, it's happening every month.

YOU ARE THE MAN!

Sorry, too simple of question....when do you know to sell? Why $3.50?

I look at sell walls. Basically riding the coat tails of whales. $3.50 is the highly expected price going into Smart Contracts going live. The sell wall there is MASSIVE right now.

I think if BTC breaks underneath 47,500ish we are in for a much larger dip into the high 30s.

If you're a buyer or late to the journey you might be getting a ton of stuff on discount soon.

For now, there's strong support at $46,500.

ADA seems like it’s doing a lot of things well. I am jumping into ALGO as something with growth potential.

Are smart contracts and all the business related applications of Cordana really going to boost ADA?