1 minute ago, Pravda said:

Just for fun....

 

What crypto coin is it?

 

 

- 27 trillion in circulation

- unlimited supply cap

- only 1 node

- 1% of holders own 30%

- 25% supply minted in the last 6 months

- 38 million notes printed every day

- loses at least 3% of value every year

- in a bear market since its conception

 

 

Us dollar?

Tulip mania

 

 

5 minutes ago, Pravda said:

Just for fun....

 

What crypto coin is it?

 

 

- 27 trillion in circulation

- unlimited supply cap

- only 1 node

- 1% of holders own 30%

- 25% supply minted in the last 6 months

- 38 million notes printed every day

- loses at least 3% of value every year

- in a bear market since its conception

 

 

That's your normal <deleted>coin. But there's real value out there. DYOR.

27 minutes ago, Lacessit said:

Gold is a currency hedge. As governments print more money for debt, it increases in value. Always has done.

True, it does not pay dividends.

BHP may well go to $100. I've also seen it go from $55 to $28, which made any dividends it paid look pretty sick in terms of loss of capital.

IMO the sharemarket is way overvalued at present, and gold is undervalued.

BTW, gold is not a rock. It's a noble metal.

$55 to $28 is no big deal unless you sell. Paying $4 in dividends times 10 years $40+. You buy 55 it goes 28 you hold it goes $120 you sell. You made 200% say with divs.

 

Hold cash 10 years lose about 40%.

Hold shares 10 years 100% divs plus capital growth

Hold bitcoin 10 years say 3000%.

 

Fiat is a money printing scam. Safe they say. Property is safe it mostlt goes up and u live in it.

15 minutes ago, sirineou said:

As far as I can tell , it is pyramid scheme dependent on the greater fool theory, 

Schemes like that work well until there is no greater fool and you are the greater fool. 

That's exactly what it is. At the moment these guys are the greater fool. So they will make imaginary gains as long as there is a greater fool than them to sell them on too 

 

It's easy to join and on paper,  your coins value grows . When you come to cash out: well good luck with that.

 

It's like playing pass the parcel with a bomb. 

3 minutes ago, Danderman123 said:

Tulip mania

 

 

Nope. Tulips were useless. Crypto has 6 good things

 

1 smart contracts

2 hedge against inflation

3 used as currency

4 fast

5 international

6 fees lower than western union etc

 

Im amazed people still dont get it.

 

 

52 minutes ago, Sparktrader said:

Takes 1 second to sell. Dont people in 2022 know how exchanges work?

If people want to buy

3 minutes ago, Muzzique said:

It's easy to join and on paper,  your coins value grows . When you come to cash out: well good luck with that.

 

What are you on about? I literally bought and sold in matter of hours. These things are easier to day trade than stocks.

 

 

3 minutes ago, Muzzique said:

That's exactly what it is. At the moment these guys are the greater fool. So they will make imaginary gains as long as there is a greater fool than them to sell them on too 

 

It's easy to join and on paper,  your coins value grows . When you come to cash out: well good luck with that.

 

It's like playing pass the parcel with a bomb. 

Sorry but that is nonsense. It takes 1 second to cash out. Like selling shares.

 

Why post nonsense??????

 

Crypto buying and selling is like trading currencies. Fast and regulated.

 

The fools are ones not buying. 300% bitcoin vs minus 3% cash.

 

Good luck with fiat.

1 minute ago, The Hammer2021 said:

If people want to buy

Buddy, thousands of buyers daily. Google Binance or Kraken and watch the trades.

 

The markets are instant.

 

I could buy and sell 100 times a day.

4 minutes ago, Pravda said:

 

What are you on about? I literally bought and sold in matter of hours. These things are easier to day trade than stocks.

 

 

On what platform?

At what cost

In which country

In which  currency?

To what bank

4 minutes ago, Pravda said:

 

What are you on about? I literally bought and sold in matter of hours. These things are easier to day trade than stocks.

 

 

Yes huge volume of buyers lining up on big exchanges. Great fun to watch. A 1 min chart on bitcoin is fun viewing.

1 minute ago, The Hammer2021 said:

On what platform?

At what cost

In which country

 

I posted everything already.

 

Ndax 

0.2%

Canada

 

1 minute ago, The Hammer2021 said:

On what platform?

At what cost

In which country

In which  currency?

To what bank

On planet earth lol

 

You can trade the big exchanges worldwide pretty much.

 

Or use local exchange. Currency gets converted by the banks.

https://www.binance.com/en-AU/trade/BTC_USDT

Free tip

 

Trade 5 ema crossover 20 ema on btc

 

Check it out.

 

I set up a dma and macd as well but keeping numbers secret.

Barchart.com good site for charting. Check out dma, macd and emas. 1 day and 3 month charts work well on coins.

11 minutes ago, The Hammer2021 said:

On what platform?

At what cost

In which country

In which  currency?

To what bank

Pick an exchange...any exchange...binance, coinbase, gemini, kraken...god the list goes on.  Rates vary based on the crypto asset ETH transactions are much higher than BTC.  There are no banks. Its decentralized (to a greater degree). People stopped trusting banks long ago.

3 minutes ago, happydreamer said:

Pick an exchange...any exchange...binance, coinbase, gemini, kraken...god the list goes on.  Rates vary based on the crypto asset ETH transactions are much higher than BTC.  There are no banks. Its decentralized (to a greater degree). People stopped trusting banks long ago.

Cba is setting one up using gemini platform

The dma i set up picked btc at 36k, now 44.1k. Was short for 95% of downtrend. 

 

The dma is deadly.

29 minutes ago, Muzzique said:

That's exactly what it is. At the moment these guys are the greater fool. So they will make imaginary gains as long as there is a greater fool than them to sell them on too 

 

It's easy to join and on paper,  your coins value grows . When you come to cash out: well good luck with that.

 

It's like playing pass the parcel with a bomb. 

I financed 2017-2019 on my bitcoin cash out when it topped 17K in 2017.  I dumped a handful and guess what.  Got USD.  Then, booked a flight to Asia using said USD and when I got to Thailand, withdrew from and ATM and guess what then...it was Baht.  And I lived for 2 years off of it.

looking back now, I was the greater fool for cashing out early but, I really didn't feel like sitting at a desk any more and doing tech support.

Btc 50k soon

Loving this dma setting. Best indicator ive seen. Picked eth and btc like a dirty nose with long fingers.

2 minutes ago, Sparktrader said:

Btc 50k soon

It'll rise again...I'll make nowhere near as much per dollar invested as I did in the beginning but still in it....

Been trying to wrap my mind around derivatives (like FTX) but they seem too risky at this point

2 minutes ago, happydreamer said:

It'll rise again...I'll make nowhere near as much per dollar invested as I did in the beginning but still in it....

Been trying to wrap my mind around derivatives (like FTX) but they seem too risky at this point

Traded share options. Doable but stressful.

 

I think holding coins for 2 to 3 months is the go. 

 

My template relies on the dma + macd + ma crossover.

 

Picks shares well too. Nailed btc and eth.

 

 

3 minutes ago, Sparktrader said:

Traded share options. Doable but stressful.

 

I think holding coins for 2 to 3 months is the go. 

 

My template relies on the dma + macd + ma crossover.

 

Picks shares well too. Nailed btc and eth.

 

 

Would like to hear more about what you're doing. Can I message you privately about it? ....US market is about to open and I'm jumping on my team's discord call now for pre market rah rah.

46 minutes ago, Muzzique said:

That's exactly what it is. At the moment these guys are the greater fool. So they will make imaginary gains as long as there is a greater fool than them to sell them on too 

 

It's easy to join and on paper,  your coins value grows . When you come to cash out: well good luck with that.

 

It's like playing pass the parcel with a bomb. 

Do some googling. Big rich smart guys love bitcoin. 

 

Google "which smart guys love bitcoin"

 

These guys are smarter than u and me.

Just now, happydreamer said:

Would like to hear more about what you're doing. Can I message you privately about it? ....US market is about to open and I'm jumping on my team's discord call now for pre market rah rah.

Ok

Michael Saylor

 

Watch his videos on bitcoin

 

 

Consider it a courtesy...albeit last years news

 

https://finance.yahoo.com/news/the-top-21-crypto-leaders-to-watch-in-the-back-half-of-2021-162710063.html