Crypto Currency Thread (Vol.2)
Discussion
g4ry13 said:
DOGE is around 25 cents. I had a look back at the chart from a few years ago and that's basically a 120x return. 
All for some meme coin.
Last night I offloaded about half my QTUM, 25% of my DASH and ~20% of my Stellar holding so have a bit of cash to throw at something. Only DASH is higher this morning. My DOT staking reward came in this morning (~0.3 DOT. This week i've made 0.75 DOT from staking which is something I guess - wish i'd staked it earlier tbh)
With the way the market is, I may hang on to the cash for a few days and wait for a day where things drop 10%. I see XRP has been going down a little bit but can't stomach buying it over $1.
DOGE is crazy. For a joke coin it's done incredibly well. I can't ever go into though, cos principles. I may regret that (already do I guess) All for some meme coin.Last night I offloaded about half my QTUM, 25% of my DASH and ~20% of my Stellar holding so have a bit of cash to throw at something. Only DASH is higher this morning. My DOT staking reward came in this morning (~0.3 DOT. This week i've made 0.75 DOT from staking which is something I guess - wish i'd staked it earlier tbh)
With the way the market is, I may hang on to the cash for a few days and wait for a day where things drop 10%. I see XRP has been going down a little bit but can't stomach buying it over $1.
Iamnotkloot said:
g4ry13 said:
DOGE is around 25 cents. I had a look back at the chart from a few years ago and that's basically a 120x return. All for some meme coin.
Last night I offloaded about half my QTUM, 25% of my DASH and ~20% of my Stellar holding so have a bit of cash to throw at something. Only DASH is higher this morning. My DOT staking reward came in this morning (~0.3 DOT. This week i've made 0.75 DOT from staking which is something I guess - wish i'd staked it earlier tbh)
With the way the market is, I may hang on to the cash for a few days and wait for a day where things drop 10%. I see XRP has been going down a little bit but can't stomach buying it over $1.
DOGE is crazy. For a joke coin it's done incredibly well. I can't ever go into though, cos principles. I may regret that (already do I guess) All for some meme coin.Last night I offloaded about half my QTUM, 25% of my DASH and ~20% of my Stellar holding so have a bit of cash to throw at something. Only DASH is higher this morning. My DOT staking reward came in this morning (~0.3 DOT. This week i've made 0.75 DOT from staking which is something I guess - wish i'd staked it earlier tbh)
With the way the market is, I may hang on to the cash for a few days and wait for a day where things drop 10%. I see XRP has been going down a little bit but can't stomach buying it over $1.
Apologies if this has already been covered but I can't quite get my head around the wallets. I use Binance and can quite easily see the value of my assets, PnL, etc, but do I need something like Trust Wallet as well to 'store' my crypto, or am I ok to just leave it on Binance? I assume this is only if I actually want to spend my crypto? 
General opinion is that it is prudent to move your crypto into a wallet away from the Exchange in case anything happens / they get hacked / pull a scam etc.
I was always very hesitant to leave funds on Kraken and moved them into a hardware wallet. Saying that, I have been a bit more relaxed about it and left sizeable amounts on the exchange recently. Binance is pretty reputable so they probably aren't going to pull an Mt. Gox / Exit scam and disappear with your money.
But if you have no intention to trade on a regular basis and would like to hold the crypto, it would be sensible to move them to a secure wallet.
I was always very hesitant to leave funds on Kraken and moved them into a hardware wallet. Saying that, I have been a bit more relaxed about it and left sizeable amounts on the exchange recently. Binance is pretty reputable so they probably aren't going to pull an Mt. Gox / Exit scam and disappear with your money.
But if you have no intention to trade on a regular basis and would like to hold the crypto, it would be sensible to move them to a secure wallet.
I've been having a look at some of the s
t coins on Kraken I can trade. Some potential contenders are MLN (Enzyme Finance) currently just under $88 or Curve.
I haven't done my research and it's tempting to get in on the dip but might sit this one out and load up on something more 'reputable'.
Edit: bought some more QTUM
XRP off the 200 EMA ?
t coins on Kraken I can trade. Some potential contenders are MLN (Enzyme Finance) currently just under $88 or Curve. I haven't done my research and it's tempting to get in on the dip but might sit this one out and load up on something more 'reputable'.
Edit: bought some more QTUM
XRP off the 200 EMA ?
Edited by g4ry13 on Friday 16th April 12:23
g4ry13 said:
General opinion is that it is prudent to move your crypto into a wallet away from the Exchange in case anything happens / they get hacked / pull a scam etc.
I was always very hesitant to leave funds on Kraken and moved them into a hardware wallet. Saying that, I have been a bit more relaxed about it and left sizeable amounts on the exchange recently. Binance is pretty reputable so they probably aren't going to pull an Mt. Gox / Exit scam and disappear with your money.
But if you have no intention to trade on a regular basis and would like to hold the crypto, it would be sensible to move them to a secure wallet.
Coinbase and Binance are now billion dollar companies. A wide scale hack like Mt Gox would be company ending. I'm as confident in Binance as I am in some banks!I was always very hesitant to leave funds on Kraken and moved them into a hardware wallet. Saying that, I have been a bit more relaxed about it and left sizeable amounts on the exchange recently. Binance is pretty reputable so they probably aren't going to pull an Mt. Gox / Exit scam and disappear with your money.
But if you have no intention to trade on a regular basis and would like to hold the crypto, it would be sensible to move them to a secure wallet.
jammy-git said:
g4ry13 said:
General opinion is that it is prudent to move your crypto into a wallet away from the Exchange in case anything happens / they get hacked / pull a scam etc.
I was always very hesitant to leave funds on Kraken and moved them into a hardware wallet. Saying that, I have been a bit more relaxed about it and left sizeable amounts on the exchange recently. Binance is pretty reputable so they probably aren't going to pull an Mt. Gox / Exit scam and disappear with your money.
But if you have no intention to trade on a regular basis and would like to hold the crypto, it would be sensible to move them to a secure wallet.
Coinbase and Binance are now billion dollar companies. A wide scale hack like Mt Gox would be company ending. I'm as confident in Binance as I am in some banks!I was always very hesitant to leave funds on Kraken and moved them into a hardware wallet. Saying that, I have been a bit more relaxed about it and left sizeable amounts on the exchange recently. Binance is pretty reputable so they probably aren't going to pull an Mt. Gox / Exit scam and disappear with your money.
But if you have no intention to trade on a regular basis and would like to hold the crypto, it would be sensible to move them to a secure wallet.
Witchfinder said:
I sold my Doge a couple of months back at 20% profit, when the hype train seemed to have run out of steam. This current frenzy definitely looks like a pump-and-dump.
I made a bit buying and selling a few weeks ago but like you had left it alone for a while. Gone back in as - a lot of my other alts are currently down and have been all week. I think people are selling alts to get back into bitcoin ETH and DOGE.
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