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Bitcoin, Cryptocurrency, Blockchain, and You: Navigating the Future of Tech (a NeoGAF discussion thread)

Kadayi

Probable Replicant & GIF PIMP
Oct 10, 2012
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I'm going to call this a ballsy move.
I don't know. I bought in at 0.2211. my sell is 0.2323 for the 5%. (minus fees) Price wise looking back I think it should hit that at some point in the next week, without too much trouble 🤔

It's all about the carousel of those incremental gains. If that trade comes through I'll be near 40% on my aim this year to flip 2K into 3K.
 
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Ironbunny

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The whole Spark token thing - I've been around a while and these hold-x-get-y things never pan out well - effectively it's inflationary. Free coins end up worthless rapidly, and you tend to see the whales manipulate the parent coin upwards to get idiots to buy, then the whales, having already accumulated way before, dump the lot, en-masse. They usually aren't interested in the free coin (they want a simple profit trade) so quite often they'll dump just before the freebie coin comes out, then the freebie turns out to be worthless anyway.
True the spark token is worthless from the start and might so even at the very end. But it is a plus you get when holding xrp. For me the whole point of being excited over spark(flare) isn't the free tokens but the use case of bringing DeFi to XRP's range.
 
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hariseldon

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Aug 22, 2018
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True the spark token is worthless from the start and might so even at the very end. But it is a plus you get when holding xrp. For me the whole point of being excited over spark(flare) isn't the free tokens but the use case of bringing DeFi to XRP's range.
Honestly I don't bother with use cases - none of them ever work out tbh, I just look at chart fundamentals. If there's news it'll give me some extra thoughts, but for the most part I trade charts. What the chart represents is irrelevant (though I have a few things I won't touch due to absolutely detesting them - bitcoin cash being among them).
 

Ascend

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Bonfires Down

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Wasa wasa wasa wassssup!

I guess this is the official GAF crypto thread?

I didn’t expect us to break 14k, but I’d say we’re officially in a bull market now. Doesn’t mean we’re breaking 20k right now but... I doubt we’ll see sub 10k anytime soon, if ever 🙁
 
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Ascend

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Wasa wasa wasa wassssup!

I guess this is the official GAF crypto thread?

I didn’t expect us to break 14k, but I’d say we’re officially in a bull market now. Doesn’t mean we’re breaking 20k right now but... I doubt we’ll see sub 10k anytime soon, if ever 🙁
Agreed... We might retest 12k, and then rocketship to the moon.
 

Kadayi

Probable Replicant & GIF PIMP
Oct 10, 2012
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Yeah, the market is crazy at present. Just waiting to see if my ship comes in on XRP at the moment. it's getting tantalizingly close to my sell.

 
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Irobot82

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Yeah, the market is crazy at present. Just waiting to see if my ship comes in on XRP at the moment. it's getting tantalizingly close to my sell.

I should have sold when XRP was like $3.

I stopped trying to trade and this year all I have been doing is buying $50 a paycheck on Coinbase. For the longest time the $1.99 fee was pissing me off but now I buy USDC, no fee. Push it to Pro, exchange and move back.
 

Kadayi

Probable Replicant & GIF PIMP
Oct 10, 2012
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I should have sold when XRP was like $3.

I stopped trying to trade and this year all I have been doing is buying $50 a paycheck on Coinbase. For the longest time the $1.99 fee was pissing me off but now I buy USDC, no fee. Push it to Pro, exchange and move back.
I'm just buying and selling on incremental gain. I aim for a 5% gain, sell, then rebuy when there's the inevitable drop, then rinse repeat. Unfortunately, got caught holding XRP when the market dropped suddenly a few months back. Right now I'm firmly in the profit zone if I sell, but I'm just keeping an eye on things to see how far the rise will go and weighing up whether to raise my sell point accordingly. 🤔
 
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Ascend

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I'm just buying and selling on incremental gain. I aim for a 5% gain, sell, then rebuy when there's the inevitable drop, then rinse repeat. Unfortunately, got caught holding XRP when the market dropped suddenly a few months back. Right now I'm firmly in the profit zone if I sell, but I'm just keeping an eye on things to see how far the rise will go and weighing up whether to raise my sell point accordingly. 🤔
If that's your strategy, you don't have to do that manually.

I'm gonna send you a private message.
 
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Bunker Hosted

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If that's your strategy, you don't have to do that manually.

I'm gonna send you a private message.
I have used some arbitrage bots previously but found they were not very "user friendly"..

What sort of automation have you been using for your trades if you don't mind spilling the beans?
 

Ascend

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I have used some arbitrage bots previously but found they were not very "user friendly"..

What sort of automation have you been using for your trades if you don't mind spilling the beans?
I'm going to send you a private message too.
 

eNT1TY

Member
Jul 7, 2019
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First rule of shitcoins. Don't buy shitcoins.
I like to throw a lil bit at em once in a while, hell i made $3000 from a $400 investment into FLASH several years ago and about $500 from $70 into ADC, and those were the cream of the crap. I understant gains like those are the exception but sometimes you get lucky and inadvertantly buy during the pump period of a pump and dump. I see shitcoins not as investments but as entertainment, much like horse racing. Shitcoins defy conventional movements and have almost no observable correlations which makes them kinda fun to dabble in if you go in with the mindset that you WILL LOSE EVERYTHING you invested like 95% of the time. Alas, it is a game i haven't played in a while and was asking in that context to clarify because that first rule you mention is the only rule.
 

Irobot82

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I'm just buying and selling on incremental gain. I aim for a 5% gain, sell, then rebuy when there's the inevitable drop, then rinse repeat. Unfortunately, got caught holding XRP when the market dropped suddenly a few months back. Right now I'm firmly in the profit zone if I sell, but I'm just keeping an eye on things to see how far the rise will go and weighing up whether to raise my sell point accordingly. 🤔
Time to sell that XRP bruh. Up 42% today alone.
 
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Kadayi

Probable Replicant & GIF PIMP
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Time to sell that XRP bruh. Up 42% today alone.
Yeah Crazy. I hit my percentage on the XRP so had already cashed out on a set limit. If I wasn't busy today, I'd have probably hung on for more, but certainly, no one saw that gain coming. Some people definitely are laughing all the way to the bank for sure, but when the wave crashes I bet it's going to come down hard

Everything is up atm so waiting to see where everything lands before deciding what to buy into 🤔
 

Irobot82

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Yeah Crazy. I hit my percentage on the XRP so had already cashed out on a set limit. If I wasn't busy today, I'd have probably hung on for more, but certainly, no one saw that gain coming. Some people definitely are laughing all the way to the bank for sure, but when the wave crashes I bet it's going to come down hard

Everything is up atm so waiting to see where everything lands before deciding what to buy into 🤔
I've never been good at timing anything in the market. All I do now is buy $50 in BTC every week. Just a long terms savings sort of thing.
 

Ironbunny

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It's gone as high as .49+, any tips? Tempted to sell and buy again when/if it drops.
I am a wrong person to ask about that as I'm more of a hodler. That said it does go up and then crash quite a lot as it is doing atm. Who knows how low it might go again but I imagine it depends on bitcoin too. If bitcoin keeps climing I cant see XRP having a huge reversal down. But as said I am hodling for the Spark token drop myself and higher highs.
 
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Kadayi

Probable Replicant & GIF PIMP
Oct 10, 2012
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Thanks to both of you for the input. I think I'm just gonna pull the trigger as it stands in the mid .40s. And hop back in when it drops.
Hope you made some nice gains. UK dropped from a high of .37 down to 0.31 but the bots shored it up with some hedging overnight and it's hanging at around .33 but I suspect once the world wakes up (it's 9 on a Sunday) some people are going to start gradually dumping and the price will come down (I could be totally wrong of course ¯\_(ツ)_/¯). Personally going to wait to see how things pan out across the coins. BTC seems to be arching down slightly, though that might be weekend sluggishness.
 

godhandiscen

There are millions of whiny 5-year olds on Earth, and I AM THEIR KING.
Mar 15, 2007
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My 2017 investment finally produced enough results that I started paying attention again.

I bought more.

 

Singular7

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Jan 9, 2018
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Loaded to the gils in ETH and XRP

Almost at 365 days, so I'll sell long-cap gains soon
 
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