Official BGOL Crypto Currency Thread ★★★★★
- Thread starter Matt Beesy
- Start date
Hey bro don't let it discourage you.....I came in the game 6 months ago just like you...I was hyped s fuck of Wycoff ripple predicitions and I couldn't wait to hrow my cash in... Problem was I was coming in when every coin that was recommended was being pumped so I bought everything at or near the ATH... I bought XRP at .33 shit crashed to like .17 bought Digibye at .05 shit went down to .008 I got assfucked on Verge, ReddCoin the list goes on.....but I held on learned from my mistakes(at least most of them) and every single coin I lost money on has come around in the last 6 months and I either made a grip or at least broke came out a little bit ahead...In total I'm up about 15K which is alot less than some of the super success stories we've had, but at the end of the day an extra 15K is money in the fucking bank.....The key to this shit at least for now, is not panicking and selling and that shit is hard to do...Its muthafucking torture watching the wild swings in this game. But if you persevere it will pay off for you.... I got my boy into it with XRP and he is a true believer, he had just lost his job and he trusted the shit so much he cashed out his entire 401k and bet it all on XRP.....Dude has made 50 - 60K in less than 6 months in this game....Just be cool and take your time to learn the markets and your patience will be rewarded.
Word
Because the swings are so wild its easy to be obsessed with the shit. Do your research build your portfolio and have patience
LTC
This muthafucka is dropping like a cinderblock in a lake.
If it keeps this rate, it'll be around 150 or less by the end of the day.
LTC
This muthafucka is dropping like a cinderblock in a lake.
If it keeps this rate, it'll be around 150 or less by the end of the day.
The whales are swimming just hang in there. ...
Bruh severe fluctuations is part of the game
It aint for the fickle hearted
I am going to ask you nicely to elaborate........ or shut the fuck up. What are you trying to say? In plain fucking english if you dont mind.. thanks
bruh, i've been watching you and you're all over the damn place. You've listed about 12 alts that have no relation to each other and i doubt you even know what the purpose of the coins are. Slow your roll bruh. Why do you have litecoin? what sre your expectations for the coin? research my man..walk before you run..LTC
This muthafucka is dropping like a cinderblock in a lake.
If it keeps this rate, it'll be around 150 or less by the end of the day.
Your boy brave as shit cashing out the 401k. More power to him and glad it worked out.
When I say timing I am saying you chose the coin at the wrong time. If you invest before the rise, you end ahead. You don't have to be a day 1 investor. If trying to flip, you get in at a good point and sell when it hits your goal. If you ate in for the long term, then your losses are very likely temp and you should quit watching your portfolio so much. Give it time to rebound. I have seen nearly every coin return crazy profit if you hold long enough and sell high
I've been posting coins because they look interesting and to see if anyone else has been following them regardless if they are related with each other or not.
As for LTC, that was my very 1st crypto investment when it was just under $70. Some businesses have supposedly stopped using btc and switched to ltc since it's supposed to be faster so for the longest I've been expecting ltc's value to increase even more into 2018. I'm a rook, so it is what it is. I'm still learning so sorry for the inconvenience.
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I'm not sweating 1k. I'm pointing out that it's a bad time to get in for newbies like myself. Most people here that got in late are just chasing the hype.
^^^Thank you for this reply
I actually said it on the 16th...does that count?
anyway @Confucius is an OG in this thread...those of us who’ve been in this thread throughout the year have noticed that the market is somewhat cyclical...we’ve helped each other throughout all this time and are still trying to help those who are new to the thread...you don’t have to agree w/ everything said or follow advice blindly but to be dismissive when he’s trying to share the importance of timing your entry and that it’s very possible to do so accurately smh
my personal rule of thumb is when the market is green and there’s lots of excitement I hold/sell unless there’s a new ICO I’m interested in or a great project being ignored despite the swelling market...I don’t chase $$$ or runs...I’ve gotten burned like that early on...when the market is red and everyone’s panicking and worrying about rumors that’s when I eat that shit up and I look for sales on projects I’ve had my eye on and buy buy buy...I learned this after making a costly mistake...I almost lost $24k behind buying high and running behind the excitement of the market...luckily I stopped the bleeding and only lost $6k...expensive lesson to learn early on in the game but now it’s one I’ll never forget...again this is not an end all be all rule just my rule...there are some folks who are adept @ reading charts and can swim/navigate the waters w/ the whales and the sharks...I’m not one of them so I just wait for them to do their thing then I come in after they leave and feed off what’s left behind
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I agree with you somewhat but trust me shit is still the wild wild west. I have entry and exit points within the US and outside the US. There is no law making it illegal to gift anyone else bitcoin. People do it all day long. I personally have no problem paying taxes on what I make, because I know how to offset them in other ways. Again coinbase is reporting people to the IRS now who have pulled out more than 20,000. So don't pull more than 20,000 out of coinbase. There any many other options. Bitpay, bitcoin ATM's, having exit points on different exchanges. People just want the quick shit, I have no problem planning my shit out and taking my time to get my money.
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I'm going to hold on to what I have. 1k in lite and 500 in bit. It's not much and nor am I "sweating the losses" like some claim.
That is pretty much what the last year has shown us. If you are trying to quick flip, the strategy and entry is much different than if you are going long with a coin.
I made some good money in here. But I have missed a lot as well. My biggest mistake was selling XRP. I sold back the first time we spiked and it was a grip. Now I feel sour when I see the price. But that example has helped me to the point that I will not make that mistake with Wagerr and some others. The small junk coins are strictly for quick flip. Man thanks for trying to help the newcomers
Had I just held XRP, that alone would be worth over 600k right now
POE is about to get that quick flip treatment.
my bad...my point tho is check the post history (using search option) of some of these dudes...you don’t have to read everything (although it does help tremendously) but @ least you’ll have a sense of who’s who...a lot of these brothers know what they’re talking about...I’ve gone back and forth w/ a couple of cats in here on occasion only to realize they had a good point and that I should @ least be receptive to what they’re saying esp. if their post history merits it
I haven't been following LTC recently, but I did and I considered it a solid investment. If it's dropping, that's great, for me.LTC
This muthafucka is dropping like a cinderblock in a lake.
If it keeps this rate, it'll be around 150 or less by the end of the day.
Plus alot of the market is down today...
People already trying to tap out and they ain't even been in the game 30 days?!? This shit can eventually be lucrative for us newbies but it ain't magic. I'm hodl for the long run. I invested an amount that if I lost it all, I wouldn't sweat it. So I'm basically playing with house money. I'm 100 percent willing to wait it out and see how the ride goes. I refuse to be one of the ones that short sell on some panic shit and then come back to the thread saying damn I should of held!
Exactly all these people in here freaking out and it hasn't even been long. No patience at all lol. Imagine all those people who got bitcoin back in 2009 who panic sold.
Yeah I’m used to them going through in a few minutes.
Y'all See this?
https://www.geekwire.com/2017/ether...e-unikrns-custom-built-initial-coin-offering/
Ethereum co-founder and Mark Cuban put $25M toward Unikrn esports betting platform’s initial coin offering (UKG)
Some big names are participating in Unikrn’s unique initial coin offering.
The Seattle startup launched an initial coin offering, or ICO, this past Friday and has already raised $25 million, Unikrn CEO Rahul Sood told GeekWire.
Unikrn is selling virtual tokens called UnikoinGold that can be used on its platform to bet on esports matches. Those tokens can be exchanged for other major cryptocurrencies, such as ethereum and bitcoin, which can then be exchanged for U.S. dollars.
UnikoinGold is based on the ethereum blockchain, which is similar to Bitcoin, the largest digital currency that was trading up more than 7 percent on Monday despite concerns about regulation in China.
Unikrn opened a limited presale for big blockchain groups “who we felt would work to build commercial opportunities for the UnikoinGold eco.....
https://www.geekwire.com/2017/ether...e-unikrns-custom-built-initial-coin-offering/
Ethereum co-founder and Mark Cuban put $25M toward Unikrn esports betting platform’s initial coin offering (UKG)
Some big names are participating in Unikrn’s unique initial coin offering.
The Seattle startup launched an initial coin offering, or ICO, this past Friday and has already raised $25 million, Unikrn CEO Rahul Sood told GeekWire.
Unikrn is selling virtual tokens called UnikoinGold that can be used on its platform to bet on esports matches. Those tokens can be exchanged for other major cryptocurrencies, such as ethereum and bitcoin, which can then be exchanged for U.S. dollars.
UnikoinGold is based on the ethereum blockchain, which is similar to Bitcoin, the largest digital currency that was trading up more than 7 percent on Monday despite concerns about regulation in China.
Unikrn opened a limited presale for big blockchain groups “who we felt would work to build commercial opportunities for the UnikoinGold eco.....
I wouldn't trust Mark Cuban to sweep goat shit off my porch with a tethered broom.
Made 500 dollars just from getting in at 0.09 cents and then dumping it at 0.15 cents .
PND all the way from now on . Fuck it . I have seen how the whales manipulate these coins .
Have you linked a debit or credit card to your coinbase account yet?
Are there any greater benefits or safety measures versus one over the other?
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