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Any crypto holders here?

wifehunter

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I have Sh*tcoin (BTC) for purely speculative purposes. Bitcoin isn't the future, but blockchain technology will be.
Do you have any of your own thoughts, and do you always willfully ingnore reality?

Go troll somewhere else.
 

Jack12345

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bought a tiny amount during the coronavirus with some delay because I was sure it will go below the 3k. Following the bitcoin for yrs, yet not that educated about it and not really sure wheres it going, to be true I'm not really sure what bitcoin or blockchain are, it just seems too complicated to me. Have read posts and watched YouTube videos and yet I dont really think I get it.
 

Machine10033

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I have crypto and stocks. I friends that do day trading... I have never been into that. I buy and hold. With corona I am investing in stocks that I believe will recover. A ton were in the 40-60 dollar range in Feb... and fell off a cliff once these lockdowns took place and are trading at 3-9 dollars. I am buying these up plus it feels good betting on a return to normal
 

mozarto.o

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Recently used all my surplus money to buy DAI and USDC. Currently holding them on Nexo for passive income.
Any suggestions on what to do with it? I'm new to the crypto world.
 

stormrider

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I own 5 bitcoins. Bought them awhile back when I was in San Francisco and it was all the rage. Things have cooled since it came down from 20k. But I really do think it will hit the 20k mark again within the next 2 years. And from there, it will permanently surpass a threshold.

Currently I own a lot of share in AMD and Teslsa. I really think Tesla is going to be the next Apple. They have a maverick CEO, the company is disruptive and innovative, there are many parallels to Apple. AMD has finally caught up to intel with their ryzen 4000 processors. And there is still room for their stock price to grow. However, AMD is one of those stocks where you go all in with 100k+, make triple the return and sell. There's a limit to its growth based on its industry as a chip maker. It's not going to blow up like other tech companies so it's not a good candidate for longer term investment. Also shopify and zoom. E-commerce and work from home is the new norm. Shopify looks unstoppable right now. It could be in the $2000-$3000 range by 2025 (conservative estimate). A stock that you can get for cheap now that will really explode within the next 5 years is spotify.
 

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GeeMale

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The only reason I use crytpo is for online transactions lol so really I don't use it like y'all but maybe one day when I feel like putting money into it..are there bitcoin ATMs you can use as real money to withdraw? My friend told me he did in ny....supps dly he has $60K-$70K in BTC and bought em in 2009s
 

jaygreenb

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The only reason I use crytpo is for online transactions lol so really I don't use it like y'all but maybe one day when I feel like putting money into it..are there bitcoin ATMs you can use as real money to withdraw? My friend told me he did in ny....supps dly he has $60K-$70K in BTC and bought em in 2009s
You couldn't buy them in 2009, only mine them. If the USD value is only 60-70k today he is lying to you. You could mine so many of them back then he would have way more than that or even if he bought them, he wouldn't have spent more than $10 for that equivalent USD amount today. In July 2010, the price reached .08, prior to that it was a fraction of penny.
 

GeeMale

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You couldn't buy them in 2009, only mine them. If the USD value is only 60-70k today he is lying to you. You could mine so many of them back then he would have way more than that or even if he bought them, he wouldn't have spent more than $10 for that equivalent USD amount today. In July 2010, the price reached .08, prior to that it was a fraction of penny.
What does mine mean? And I'm sure he talked about this I may be getting it wrong...I THINK he said he has $60K-$70K right now worth of BTC in USD but this was when he spoke of it beginning of 2019.....but is it true you can get in actual cash from some special ATM's or do they just vest it and resell? Not going to lie I wish I was getting BTC when it first came out ..I was 17 in 2010..
 

jaygreenb

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What does mine mean? And I'm sure he talked about this I may be getting it wrong...I THINK he said he has $60K-$70K right now worth of BTC in USD but this was when he spoke of it beginning of 2019.....but is it true you can get in actual cash from some special ATM's or do they just vest it and resell? Not going to lie I wish I was getting BTC when it first came out ..I was 17 in 2010..
Mining is the computer power used to maintain the network and process transactions. Back in the early days you could do it with a normal PC but you need specialized equipment and the ability to do it at scale in a location with cheap electricity now. My point was if he had bitcoins from 2009, he was mining them and you got so many mining back them that the equivalent USD value today would be in the millions at least, most like 10's of millions. He may very well have BTC but if that is all he has, most likely he was not involved back then. Only guys who did were hard core cypher punks, its a small group of people. They do have bitcoin ATMs, I haven't used one but I know you can buy with cash, not sure if you can redeem bitcoin for USD though. For reference, back then you could get 100 bitcoins for less than a dollar. Now that 100 bitcoins is worth around a million.
 

exampLe

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Only mining Pi right now, it's still in beta stage but I have nothing to lose.
 

zinc4

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Congrats to crypto OGs. Market is absolutely exploding and many of us will never have to work again. This **** has barely even started yet. **** conventional dating. Money is power and we will reap those rewards soon. Just like the scarface quote. Will pump n dump gold diggers for sport.
 

jaygreenb

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Congrats to crypto OGs. Market is absolutely exploding and many of us will never have to work again. This **** has barely even started yet. **** conventional dating. Money is power and we will reap those rewards soon. Just like the scarface quote. Will pump n dump gold diggers for sport.
Yeah man, was a long bear market, learned many lessons along the way. Happy I kept my conviction buying more through all of it. I am irresponsibly loaded up with crypto and physical gold/silver.
 

zinc4

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The only reason I use crytpo is for online transactions lol so really I don't use it like y'all but maybe one day when I feel like putting money into it..are there bitcoin ATMs you can use as real money to withdraw? My friend told me he did in ny....supps dly he has $60K-$70K in BTC and bought em in 2009s
There are btc atm machines everywhere abd now a days many websites/exchanges you can buy crypto difectly with a debit card. Maybe one day? The train is quickly passing you buy friend. Normal people will have to take out mortages to afford just a tiny fraction of what us OGs been
Yeah man, was a long bear market, learned many lessons along the way. Happy I kept my conviction buying more through all of it. I am irresponsibly loaded up with crypto and physical gold/silver.

Same here. Most people i know quit.
 

jaygreenb

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There are btc atm machines everywhere abd now a days many websites/exchanges you can buy crypto difectly with a debit card. Maybe one day? The train is quickly passing you buy friend. Normal people will have to take out mortages to afford just a tiny fraction of what us OGs been



Same here. Most people i know quit.
Happy to hear man, most people I know fell off too. Thankfully I talked my close friends into not selling, a lot of people thought I was crazy when before thought I was pragmatic. Looking forward to that redemption.
 

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GeeMale

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There are btc atm machines everywhere abd now a days many websites/exchanges you can buy crypto difectly with a debit card. Maybe one day? The train is quickly passing you buy friend. Normal people will have to take out mortages to afford just a tiny fraction of what us OGs been



Same here. Most people i know quit.
Seriously? How much BTC should I get?
 

jaygreenb

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Seriously? How much BTC should I get?
Depends on your net worth, profile of your portfolio and your risk tolerance. 3-5% doesn't have considerable amount of risk compared to the upside potential. I am much higher than that.
 
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