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Old 02-15-2013, 11:41 AM  
ChiefRocka ChiefRocka is offline
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Bitcoin Take?
Bitcoin disrupts gold
Ethereum disrupts financial services
There will be others...


Last edited by ChiefRocka; 03-06-2024 at 06:51 AM..
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Old 08-23-2021, 09:55 AM   #3256
Shaid Shaid is offline
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Originally Posted by KCrockaholic View Post
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.
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Old 08-23-2021, 11:44 AM   #3257
BWillie BWillie is online now
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Originally Posted by KCrockaholic View Post
Cardano is going apeshit. I haven't decided when to sell yet, but this run up is crazy.


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.
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Old 08-23-2021, 11:53 AM   #3258
KCrockaholic KCrockaholic is online now
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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
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Old 08-23-2021, 12:35 PM   #3259
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Originally Posted by KCrockaholic View Post
Cardano is going apeshit. I haven't decided when to sell yet, but this run up is crazy.
ADA is available in Japan starting tomorrow.
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Old 08-23-2021, 07:33 PM   #3260
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ADA is available in Japan starting tomorrow.
That is a good thing, right?
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Old 08-23-2021, 07:36 PM   #3261
crazycoffey crazycoffey is offline
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What’s the difference between ADA USD, ADA BTC, and ADA USDC?
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Old 08-23-2021, 07:38 PM   #3262
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Amp is up again today. This will be the next to triple by the end of the year.
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Old 08-23-2021, 07:59 PM   #3263
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Originally Posted by crazycoffey View Post
What’s the difference between ADA USD, ADA BTC, and ADA USDC?
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
Last edited by crazycoffey; 08-23-2021 at 08:08 PM..
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Old 08-23-2021, 08:11 PM
eDave
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Old 08-24-2021, 08:49 AM   #3264
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Originally Posted by crazycoffey View Post
What’s the difference between ADA USD, ADA BTC, and ADA USDC?
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.
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Old 08-24-2021, 11:18 AM   #3265
crazycoffey crazycoffey is offline
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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”
Last edited by crazycoffey; 08-24-2021 at 11:21 AM.. Reason: Just woke up
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Old 08-24-2021, 12:00 PM   #3266
Shaid Shaid is offline
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Originally Posted by crazycoffey View Post
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.
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Old 08-24-2021, 12:42 PM   #3267
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So how do you take profit when coins are ATH?

2nd, do you use stop orders when prices are dropping?
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Old 08-24-2021, 02:41 PM   #3268
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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.
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Old 08-24-2021, 02:44 PM   #3269
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My brother just got a Voyager account and wants to invest. Where should he start? Cardano?
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Old 08-24-2021, 02:47 PM   #3270
Hog's Gone Fishin Hog's Gone Fishin is offline
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Quote:
Originally Posted by Trivers;15798068[B
]So how do you take profit when coins are ATH?
[/B]
2nd, do you use stop orders when prices are dropping?
Quote:
Originally Posted by eDave View Post
1. Sell
2. Yes


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