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re: OT: anyone doing any investing in Cryptocurrency?

Posted on 12/20/17 at 8:59 am to
Posted by Raptor135
Atlanta
Member since Oct 2017
27 posts
Posted on 12/20/17 at 8:59 am to
Definitely a crazy night on Coinbase.

Co-founder of Bitcoin said he was pulling all of his money from BTC and putting it into Bitcoin Cash BCH. Coinbase launched BCH yesterday and didn't announce it while others had inside info with the date and time so they were prepared to trade. A lot of people sold off BTC causing it to drop while BCH skyrocketed with the demand and people pumping the hell out of it. A lot of people who bought into BCH right away sold it at the top and the price crashed back to roughly where it started. Not to mention that Coinbase froze for a period of time during the middle of this. They handled the launch extremely poorly. Lots of money was made last night by some people.

I wasn't lucky enough to get into BCH last night, but I did manage to buy BTC yesterday during the dip and converted to IOTA so I can't complain too much.
Posted by AUCE05
Member since Dec 2009
42584 posts
Posted on 12/20/17 at 9:24 am to
Yeah. I bout BTC during the down turn. I knew BCH would crash. I think I am gonna buy some Ripple, IOTA, and a few others and hold for a bit. The inside trading acquisitions sends out the wrong vibe.
Posted by auburnnyc94
Member since Nov 2017
8005 posts
Posted on 12/20/17 at 9:25 am to
Everybody needs to buy Verge. (XVG)
Posted by Raptor135
Atlanta
Member since Oct 2017
27 posts
Posted on 12/20/17 at 11:47 am to
Thanks. I'll have to look into XVG, don't know much about them yet. What exchange did you use?

I'm currently in IOTA, XRP, LTC, and ETH.
Posted by AUCE05
Member since Dec 2009
42584 posts
Posted on 12/20/17 at 11:53 am to
I use CB, gdax, and binance.
Posted by bham_tiger
Member since Jun 2015
574 posts
Posted on 12/21/17 at 9:48 pm to
I’ve got some bitcoin and litecoin on Coinbase. I’ve been trying for a week to get ripple but can’t figure that shite out. What are y’all using to get ripple?
Posted by WarDamn101
Member since Sep 2012
465 posts
Posted on 12/22/17 at 9:00 am to
Most of the big Crypto's took a plunge today.
This post was edited on 12/22/17 at 9:01 am
Posted by GenesChin
The Promise Land
Member since Feb 2012
37709 posts
Posted on 12/22/17 at 9:20 am to
quote:


Most of the big Crypto's took a plunge today.



Posted by WareagleKK
Milton, GA (ur welcome for Lawson)
Member since May 2012
2749 posts
Posted on 12/22/17 at 9:30 am to
quote:

Everybody needs to buy Verge. (XVG)



How do you buy Verge?
Posted by AU4real35
Member since Jan 2014
16065 posts
Posted on 12/22/17 at 9:57 am to
Any new cryptos I could jump in on while they're very low cost?
Posted by auzach91
Marietta, GA
Member since Jan 2009
40295 posts
Posted on 12/22/17 at 9:59 am to
buy as much btc as you can afford. i got in at 10k
Posted by AU4real35
Member since Jan 2014
16065 posts
Posted on 12/22/17 at 10:14 am to
What's it at now?
Posted by auzach91
Marietta, GA
Member since Jan 2009
40295 posts
Posted on 12/22/17 at 10:16 am to
13k and climbing again
Posted by AUCE05
Member since Dec 2009
42584 posts
Posted on 12/22/17 at 10:23 am to
#ISurvived
Posted by RockyMtnTigerWDE
War Damn Eagle Dad!
Member since Oct 2010
105551 posts
Posted on 12/22/17 at 10:24 am to
You need to have bitcoin to purchase ripple.

I think you can also use Ethereum
This post was edited on 12/22/17 at 10:33 am
Posted by AUCE05
Member since Dec 2009
42584 posts
Posted on 12/22/17 at 10:25 am to
I am on the XRP and ADA train. I was late to BTC.
Posted by AUtigerNOLA
New Orleans, LA
Member since Apr 2011
17110 posts
Posted on 12/22/17 at 10:28 am to
Right then use Binance or one of those other exchanges to transfer it over to buy the alt coins.

Like another poster said. Good time to buy.
Posted by allin2010
Auburn
Member since Aug 2011
18159 posts
Posted on 12/22/17 at 10:33 am to
Price of BTC down 33% from past week's highs. Guess my decision to sell last week wasn't so crazy. Esp. since the original coin cost just $400. arstechnica.com/tech-policy/20… Funny thing is I know people who just bought in last week and they're holding on for dear life right now.
Posted by plaric
Pike Road, Alabama
Member since Jun 2011
2206 posts
Posted on 12/22/17 at 10:40 am to
It’s going to triple after the holidays. I’m buying at all levels
Posted by AUCE05
Member since Dec 2009
42584 posts
Posted on 12/22/17 at 10:42 am to
Well, yeah. It is never a sound financial decision to buy high and sell low in any market.
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