Any bitcoin / cryptocurrency enthusiast here??

[DaddyD]

Curious if there are many (any?) bitcoin / cryptocurrency / blockchain fans here? I'm guessing 98% of the over 65 crowd are super-skeptical, think it's worthless, it's a ponzi, etc..

For anyone who is in the "skeptical but interested" phase, I found the following documentaries interesting & informative:

The Rise and Rise of Bitcoin: on youtube here The Rise and Rise of Bitcoin - YouTube (https://www.youtube.com/watch?v=sZ-aUlNY9_g) or on Amazon here Amazon.com (https://www.amazon.com/Rise-Bitcoin-Daniel-Mross/dp/B00OGM2ZY2/ref=sr_1_1?crid=33X5XADYXIJWI&dchild=1&keywords=the+rise+and+rise+bitcoin&qid=1614022626&s=instant-video&sprefix=the+rise+and+rise+%2Cinstant-video%2C226&sr=1-1)

Cryptopia: Bitcoin, Blockchains, and the Future of the Internet Amazon.com (https://www.amazon.com/Cryptopia-Bitcoin-Blockchains-Future-Internet/dp/B08HSMGNJV/ref=sr_1_1?dchild=1&keywords=bitcoin+blockchain&qid=1614022690&s=instant-video&sr=1-1)

Banking on Bitcoin Banking on Bitcoin - YouTube (https://www.youtube.com/watch?v=6jSm9vTBGKU&t=160s) or here on Amazon Amazon.com (https://www.amazon.com/Banking-Bitcoin-Charlie-Shrem/dp/B01MTQZOCV/ref=sr_1_3?crid=CIXARQDQQ95A&dchild=1&keywords=banking+on+bitcoin&qid=1614022720&s=instant-video&sprefix=banking+on%2Cinstant-video%2C304&sr=1-3)

Bitcoin Gospel: https://www.amazon.com/Bitcoin-Gospel-Hans-Busstra/dp/B01MY5E46V/ref=sr_1_1?crid=9IELLI23IHWT&dchild=1&keywords=bitcoin+gospel&qid=1614022760&s=instant-video&sprefix=bitcoin+gos%2Cinstant-video%2C880&sr=1-1 on youtube at https://www.youtube.com/watch?v=8zKuoqZLyKg

Bitcoin in Uganda, a short, interesting documentary about the benefits of bitcoin to those living in 3rd World countries who receive remittances from friends or family living in other countries: https://www.youtube.com/watch?v=BrRXP1t ... e=emb_logo

I just finished reading "Digital Gold" by Nathaniel Popper which was quite informative as well.

[Debfrommaine]

I know younger folks doing the Bitcoin thing........wish I had the guts, they are doing well with it.....for now.

[Malsua]

I own a small amount of Bitcoin, litecoin, etherium, XLM and of course, Dogecoins. The last I don't figure will ever amount to anything, but it's so cheap, why not.

[Boston-Sean]

I will be buying my place in TV with BTC profits.

6 months ago I thought that would be 3-4 years from now.

It's now looking like 1-2 years from now.

[fcgiii]

An easy way to invest in cryptocurrencies is to buy shares in trusts that hold bitcoin. I keep y investments in eTrade and have bought shares in Grayscale Investment trusts. I own Grayscale Bitcoin Trust (GBTC) and Grayscale Ethereum Trust (ETHE). I got into the game late with the bitcoin trust, started last November, but it has gone from $23 to $53 in 3 months. This is not for the faint of heart. Yesterday ETHE dropped 13%.

[Boston-Sean]

Here is a really good article on Bitcoin and the threats it faces:

Can Governments Stop Bitcoin? – Quillette (https://quillette.com/2021/02/21/can-governments-stop-bitcoin/)

[Decadeofdave]

Remember the large profits on property flips back in 2003 -5 , looked like it would never end, until you were left holding the bag. Time your profit-taking on Bitcoin, you'll be fine. Lol

[DAVES]

An easy way to invest in cryptocurrencies is to buy shares in trusts that hold bitcoin. I keep y investments in eTrade and have bought shares in Grayscale Investment trusts. I own Grayscale Bitcoin Trust (GBTC) and Grayscale Ethereum Trust (ETHE). I got into the game late with the bitcoin trust, started last November, but it has gone from $23 to $53 in 3 months. This is not for the faint of heart. Yesterday ETHE dropped 13%.

My opinion. Bitcoin and the others. What do they offer? Protection from the rash of dollar printing has been mentioned. The dollar is based on the full faith and credit of the United States. Bicoin is based on NOTHING. It has been bid up like stuff like gamestop.

Swings are described as wild. You can actually, I can actually think you can invest in any high beta stock and make money if you buy and sell at the right time.

Investing in bitcoin to buy a home, to pay for college is the same as going to Vegas.
There are some winners. It is not the winners who pay to build all those fancy hotels.

[DAVES]

I know younger folks doing the Bitcoin thing........wish I had the guts, they are doing well with it.....for now.

Re: doing well
We all know from experience when you talk money with people many do not even know the truth. Money, people tend to, I know I do say how smart they are when an investment goes up. Reality, you/we can only spend the return on all the investments you have.
Too few people even understand the math. You invest 10,000 in xyz and it goes up 10%
the next year it goes down 10%. 10,000+10%=11,000 11,000-10%=9900 hum where did $100 go????? The math is the same if it is one dollar, 100 dollars, a trillion dollars.

[stan the man]

and you believe there is gold in fort knox backing your us dollars...good luck

[collie1228]

Warren Buffet says you should never invest in something you don't understand. That's me with bitcoin. I've read quite a bit of background info, and still don't completely get its value and how its value is "mined". I'll just keep on trucking with my dividend stocks and growth ETF's for now.

[Boston-Sean]

Warren Buffet says you should never invest in something you don't understand.

That is great advice. I just wish I hadn't listened to it when it came to Bitcoin.

Years ago when I first heard of Bitcoin I was starting to look into just as the media was reporting on how people had lost millions of dollars when their "Bitcoin got hacked".

That was all I needed to hear. No bitcoin for me.

A couple of years after that I dug into it again and realized that no one's bitcoin had been hacked. The exchange (Mt Gox) that held their bitcoin got hacked and their keys were stolen. As long as you keep possession of your keys you can not lose your bitcoin.

I dug into how the blockchain works and that's when the lightbulb went off. The block chain is really elegant technically. That's when I sold a portion of my stock portfolio and bought some Bitcoin. When I was doing the transfer of funds from Fidelity to the Crypto exchange (CoinBase) I actually got a separate call from someone at Fidelity warning me that I could lose everything by investing in Crypto. Yup, got it. Thanks for your concern. Now transfer my cash.

Ironically, Abigail Johnson, Ms. Fidelity herself was said to be running a bitcoin node in her office at the time.

After I bought my bitcoin (and secured my keys) it ran up big making me look like a genius. Then it pulled back even bigger. Making the fidelity guy look like a genius. After a long crawl upwards we had the most recent big runnup. Which puts me way way ahead. Even after the pullback so far.

The thing I've noticed this time is the pullbacks are less severe. (25% is actually a small pullback in crypto terms) Seems like big money is stepping in on the dips. But who knows. I gave up predicting prices.

As someone else has said, from here it could go to $1 million or 1 dollar. Or both.

My only price prediction is that at some future date the price will be much much higher than it is today. And between now and that future date the price will be much lower than it is today.

My advice for anyone interested in learning about Bitcoin is to find some Youtube videos on how the blockchain works.

[Malsua]

That is great advice. I just wish I hadn't listened to it when it came to Bitcoin.

Years ago when I first heard of Bitcoin I was starting to look into just as the media was reporting on how people had lost millions of dollars when their "Bitcoin got hacked".

That was all I needed to hear. No bitcoin for me.

A couple of years after that I dug into it again and realized that no one's bitcoin had been hacked. The exchange (Mt Gox) that held their bitcoin got hacked and their keys were stolen. As long as you keep possession of your keys you can not lose your bitcoin.

I dug into how the blockchain works and that's when the lightbulb went off. The block chain is really elegant technically. That's when I sold a portion of my stock portfolio and bought some Bitcoin. When I was doing the transfer of funds from Fidelity to the Crypto exchange (CoinBase) I actually got a separate call from someone at Fidelity warning me that I could lose everything by investing in Crypto. Yup, got it. Thanks for your concern. Now transfer my cash.

Ironically, Abigail Johnson, Ms. Fidelity herself was said to be running a bitcoin node in her office at the time.

After I bought my bitcoin (and secured my keys) it ran up big making me look like a genius. Then it pulled back even bigger. Making the fidelity guy look like a genius. After a long crawl upwards we had the most recent big runnup. Which puts me way way ahead. Even after the pullback so far.

The thing I've noticed this time is the pullbacks are less severe. (25% is actually a small pullback in crypto terms) Seems like big money is stepping in on the dips. But who knows. I gave up predicting prices.

As someone else has said, from here it could go to $1 million or 1 dollar. Or both.

My only price prediction is that at some future date the price will be much much higher than it is today. And between now and that future date the price will be much lower than it is today.

My advice for anyone interested in learning about Bitcoin is to find some Youtube videos on how the blockchain works.

So I've got a somewhat similar story except mine isn't so rosey as I gave up.

Email I got from coinbase
---------------
Hi XXXXXXX,
On December 16, 2015, you ordered 0.21978011 BTC via your payment method for $100.00 USD.
When we attempted to process this transaction it was canceled by your bank. If your payment method was charged, you will receive a full refund. If you wish to make another purchase, please try again or add a new payment method.

Unfortunately, we are unable to restart this transaction because it was canceled by your bank. If you have questions regarding this canceled transaction, please contact your bank directly.

We apologize for any inconvenience!


Kind regards,
The Coinbase Team
----------------

The current value of that particular quantity of bitcoin is just over 10k. I wouldn't have sold it, probably not until now.

It was such a speculative thing at the time, I wasn't going to bother with wiring the money or whatever. Just forgot about it and here we are. lol


So recently, as in late fall 2020 Paypal decided to get into Crypto. I sell junk on Ebay, so I popped a few hundred into BTC, ETH, litecoin. I sold it yesterday, made about 2.5 times my money. No biggie, just a few hundred profit.

So as not to be taken like this again, i've been on a buying tear. I've bought a number of alt-coins at such a bargain, if they ever make it, I'm going to be happy. If they drive flat to zero, no big deal.

I own around 1000 Dogecoins, 1500 Siacoins, 500 Stellar lumens, one or two other piddly nothings. Had to get a Kraken account set up to do that.

I do also have some BTC, ETH, and Litecoins as well in my coinbase wallet but it's all just play money.

The downside on Crypto is massive, so this is just the mad money I get from Ebay sales.

[Boston-Sean]

Funny you should mention .2 Bitcoin.

That's how much I had as "walking around" Bitcoin in a BRD wallet on my iphone. At the time I think it was worth about $400.

Then I think it got as low as $100 but I'd have to check. In any event I just forgot about it. 3 iphones later .2 BTC is worth some money so I try to bring up the wallet on my new Iphone. I had to re-install the wallet and restore it from the 12 word key.

As soon as the restore was over my BTC balance showed Zero BTC. Which really sucked. I checked the BRD support forum on Reddit and there was a BRD support person responding to people who posted issues. I figured I was SOL but I emailed the person anyway. To my surprise they got back to me within 24 hours, on a Sunday. They had me change a configuration setting on the wallet software and like magic my BTC appeared. (Yes, I know. It was always on the blockchain but I tried restoring into another wallet and had no luck so I don't know what was going on.)

The next time I upgrade my iphone I'll probably transfer whatever I have in that wallet to my hardware wallet.

I was able to use some of that BTC to buy a gun. I knew it was bad from a financial standpoint. Assuming BTC continues to go up. But I wanted to feel like an anarchist so we did the deal with BTC. We waited about 5 minutes for the first confirmation to come through and then we were done.

Yes, we did all the paperwork so it was legal.

[Malsua]

Funny you should mention .2 Bitcoin.

That's how much I had as "walking around" Bitcoin in a BRD wallet on my iphone. At the time I think it was worth about $400.

Then I think it got as low as $100 but I'd have to check. In any event I just forgot about it. 3 iphones later .2 BTC is worth some money so I try to bring up the wallet on my new Iphone. I had to re-install the wallet and restore it from the 12 word key.

As soon as the restore was over my BTC balance showed Zero BTC. Which really sucked. I checked the BRD support forum on Reddit and there was a BRD support person responding to people who posted issues. I figured I was SOL but I emailed the person anyway. To my surprise they got back to me within 24 hours, on a Sunday. They had me change a configuration setting on the wallet software and like magic my BTC appeared. (Yes, I know. It was always on the blockchain but I tried restoring into another wallet and had no luck so I don't know what was going on.)

The next time I upgrade my iphone I'll probably transfer whatever I have in that wallet to my hardware wallet.

I was able to use some of that BTC to buy a gun. I knew it was bad from a financial standpoint. Assuming BTC continues to go up. But I wanted to feel like an anarchist so we did the deal with BTC. We waited about 5 minutes for the first confirmation to come through and then we were done.

Yes, we did all the paperwork so it was legal.

I know someone who's Ex dunked his phone and he didn't have the backup of his 3btc. Don't feel sorry for him though, he's a media personality (Anthony Cumia) with enough money that 3 btc at today's prices won't even move the needle.

I wish I had more perseverance. I was folding proteins back in the early 2000s with about 200 machines. I could have easily moved those over to bitcoin when that started to be a thing around 2010/11 but I couldn't make it work behind the company firewall. Again, so I gave up. Right now that amount of CPU is probably not worth one GPU much less 1 millionth of an Asic miner, but back then, I bet I would have mined at least a handful of BTC.

As to guns, FL has no paperwork person to person. You just can't sell to someone you know to be a prohibited person. I'm originally from Ohio, again, no paperwork then in NJ for 26 years and you need permissions slips for everything. It'll be nice to be in FL once we're there full time in a few months. I've had my FL CCW since 2009, something that is impossible in NJ.

I would love to buy some hardware with BTC, if I needed any. ;)

[sweethomeru]

Love this thread! As a HODLer from 2017 I love the discussion.

[Malsua]

Love this thread! As a HODLer from 2017 I love the discussion.

You spelled Holder wrong.


(was that too inside?)


Yesterday was a good Crypto day. I saw my imaginary numbers in Coinbase and Kraken go up by about 15%. It's not real until I cash out into fiat and since I'm hodling, it'll never be real until BTC hits 1million. Then USD 100s will probably be more common that sheets of TP so it'll still be worthless. lol.

[Topspinmo]

You spelled Holder wrong.


(was that too inside?)


Yesterday was a good Crypto day. I saw my imaginary numbers in Coinbase and Kraken go up by about 15%. It's not real until I cash out into fiat and since I'm hodling, it'll never be real until BTC hits 1million. Then USD 100s will probably be more common that sheets of TP so it'll still be worthless. lol.

If I was going to invest in any currency it would be the yen.

[MorTech]

Does anyone still save and use a government's money? What they don't steal in taxes, they steal using inflation. Why is Bitcoin not over $100,000 yet?

[Boston-Sean]

Does anyone still save and use a government's money? What they don't steal in taxes, they steal using inflation. Why is Bitcoin not over $100,000 yet?

After today Jerome Powell might win Bitcoin salesman of the year.

[DylanTodd]

Hi everyone, I was cruising through TOTV yesterday and came across this thread. Thanks @daddyd for creating and sharing those youtube videos. I started to get into crypto in about November. I am very drawn to the decentralized nature of it and the idea that it can be used as leverage against inflation. I have holdings in BTC, ETH and I am starting to dabble in some alt coins and I recently picked up a bunch of ADA and I am looking forward to its launch on Coinbase tomorrow. Sounds like we might have enough people interested in the neighborhood to start a club and share research?

Cheers,

Dylan

[MorTech]

"After today Jerome Powell might win Bitcoin salesman of the year"

I love this guy! He tells everyone on earth that he plans to steal from them!

"The dollar is based on the full faith and credit of the United States"

Wut? The USD is just another government money counterfeit racket. It is just the best horse in the glue factory.

[Malsua]

Just in the for what it's worth category, NFTs are making the news these days.

These are Non-Fungible-Tokens. Think bitcoins for GIFs, or pictures or whatever. I have worked my entire life in Tech of varying degrees. Bits are bits. Somehow making a particular picture or gif as a "unique" seems asinine to me. That said, if people are willing to pay for it, and have an audit trail that it is unique, who am I to argue.

Since I figure these NFTs will be a fad for a while, I was looking for somewhere to put a small amount of money. Most of the NFT crypto chains are garbage, but Coinbase has Tezos. Tezos is a platform technology that supports NFTs and NFTs will start to be minted on Tezos. Like here: Among The World's Most Significant NFT Markets Will Soon Begin Minting On Tezos (XTZ). - Media News Ontario (https://www.medianews.ca/2021/03/01/among-the-worlds-most-significant-nft-markets-will-soon-begin-minting-on-tezos-xtz/)

This means that Tezos XTZ might have a big run up. It could also fail miserably and drop to zero, kinda like Bitcoin. Will it do the same, probably not. I figure it's worth putting a few hundred in there just to see. Heck I bought Tezos at 3.83 and it's in the $4.30s now and well within churn rate, but NFTs are going to be all the rage and Tezos is in the right place to catch it. In 6 months, I'll either look smart or stupid, but for a few hundred, it's worth the risk.

[Boston-Sean]

This is a chart from a just released Deutche Bank report on Bitcoin.

[MorTech]

If I was going to invest in any currency it would be the yen.

With a 500% debt to GDP ratio and an aging demographic? Only RMB would be worse.

[MorTech]

Bitcoin was $2 back in November 2011. Ugh!

[lkagele]

I started investing in BTC when I discovered that PayPal had started to offer it. I'm a fan and here's why. Started last December and bought $1500 of BTC. So far, I've withdrawn over $1700 and that account is still worth over $2400. Hard not to be a fan with results like that.

I also subscribe to an investment service and one of its publications is Crypto Capital. I have started following its recommendations and have done exceedingly well albeit with small amounts. At first it was quite complicated, at least for me. There are thousands of cryptos out there but not one exchange offers all of them. Accordingly, you have to open accounts with numerous exchanges if you're going to dabble in various cryptos.

In doing that, I soon discovered that some of the exchanges charge exorbitant fees. In one account, it would cost me $30 to transfer $25 of crypto. Another, I bought $150 but the fee was $50 and it would cost me another $75 to transfer it out. I'm writing those off as losses and simply won't use those exchanges anymore. Crypto Tuition, I guess......

I also follow the investment letter's advise on selling. It's quick to recommend selling a portion to recoup your initial investment and/or to sell all because of a parabolic rise in price. When these things catch fire, it's amazing to see how fast and far they go up. Example, 1/13/21 bought Harmony (ONE) for $0.00685766 (yes, the decimal point is correct). Today it's at $0.18.

I openly admit I really don't understand where the value of the various cryptos comes from. All I know is my investment letter has been spot on with it's buy and sell recommendations. Since I don't understand the underlying asset, I'll never put a great deal of money into any of them. But the returns on the small amounts I've invested are so phenomenal that I'm going to stick with it.

I've put a little over $3500 into various crypto investments. Of that amount, I've withdrawn around $2200 which leaves a net investment of $1300. As of today, my accounts are worth over $8K. Considering this started in December, that's not too bad of a return, to say the least. And if you're wondering what I'm doing with the withdrawals; all I can say is my taste in boutique whiskeys is being satisfied.......

I'm very worried about the tax implications. I purchased a crypto tax program but like with everything crypto, it's difficult to work. So far I'm 1 for 7 in syncing exchanges with the program. Luckily, I've got plenty of time until next tax season to get it figured out.

I'd be more than happy to help anyone out with setting up accounts with the various exchanges that I've found are workable. PM me and I'll give you my experience, for what it's worth.

[Malsua]

I have accounts on 4 exchanges.

My link to the real world(i.e.play money/ebay bank acct) is through Coinbase. I buy BTC or Litecoin or Eth and pump it over to one of the other exchanges. I hold most of my value in Coinbase.

My second exchange that I keep money in is Kraken where I hold Doge and Sia and a some other minor bits. Low fees but you really have to move BTC in to get anything done.

I use Uphold to move BAT because the fee is low.

I also have a Binance account but never funded. There is always some other place.

For what it's worth, I also use the Brave browser which earns you BAT. Once you get BAT, you can send it off to Coinbase or Kraken and buy whatever you want with it. It's small amounts, but if you get a hit on one of those super cheap .0001 types that goes up to pennies, then that BAT did its job.

I have a Torum.com account and there is some way to earn XTC or ETH using it. I've not spent enough time to figure it out. Free crypto that I can convert to BTC or one or another works for me. They all get back to dollars at some point.

I would also just add in that crypto goes up spectacularly. It also goes flat just as fast, don't put your grocery money into it.

You should also look into NFTs and figure out how to capture on that one. I bought TEZOS since it can underpin NFTs. We will see if it pays off, I'm up but nothing crazy yet.

[DaddyD]

An easy way to invest in cryptocurrencies is to buy shares in trusts that hold bitcoin. I keep y investments in eTrade and have bought shares in Grayscale Investment trusts. I own Grayscale Bitcoin Trust (GBTC) and Grayscale Ethereum Trust (ETHE). I got into the game late with the bitcoin trust, started last November, but it has gone from $23 to $53 in 3 months. This is not for the faint of heart. Yesterday ETHE dropped 13%.

Well, as you say it is an "easy" way to invest (would a better word be "speculate"??) in crypto, but long-term I'm not convinced it's the best way to buy crypto.

Besides the fact that I think there's a 2% annual expense fee, Fidelity and others will likely soon be offering crypto ETFs, which I think will be a much better & less expensive way to invest in a basket of cryptocurrencies.

[DaddyD]

Sounds like we might have enough people interested in the neighborhood to start a club and share research?

Cheers,

Dylan

With twitter, reddit, youtube, etc., I'm not sure what new info. we could possibly share with one another that isn't easily obtained elsewhere, but nonetheless I'd be down for meeting at Starbucks or wherever and discussing with like-minded Villagers.

[DaddyD]

Just in the for what it's worth category, NFTs are making the news these days.

In 6 months, I'll either look smart or stupid, but for a few hundred, it's worth the risk.

yea, the NFT-things is crazy...I definitely do not understand the allure, but "a rising tide lifts all boats", so regardless of the long-term prospects, NFTs seem like a great place to gamble at the moment.

I'm even more interested in learning how to earn interest via lending crypto, but haven't gone down that rabbit hole yet either. NFTs & lending crypto are challenging topics for a tech-noob like myself.

[DaddyD]

I have accounts on 4 exchanges.

My link to the real world(i.e.play money/ebay bank acct) is through Coinbase. I buy BTC or Litecoin or Eth and pump it over to one of the other exchanges. I hold most of my value in Coinbase.



When you say coinbase, I hope you went on to create a coinbase pro account and are doing all your buying / selling / trading over on coinbase pro and not on coinbase--the buy / sell fees on coinbase pro are a lot less compared to on coinbase.

I know everyone says "not your keys not your coins" but I hear just as many horror stories about people losing access to their coins on cold wallets (trezor, ledger, etc.) as I do people losing their coins due to hacks on exchanges. Yea, Mt. Gox happened, but I have to assume that today's major players (Coinbase, Binance, Kraken, Gemini, etc.) are much more secure.

At the moment I've got all my crypto moved over to cold storage @ Coinbase, but if I buy any more I'm going to buy a cold wallet and store all future purchases with private keys.

I like the idea of diversifying and not having all my crypto in any one place.

[Boston-Sean]

Fidelity and others will likely soon be offering crypto ETFs, which I think will be a much better & less expensive way to invest in a basket of cryptocurrencies.

A Bitcoin ETF has been pushed for years by many, including the winklevoss twins. The SEC has shot it down every chance they get.

As BTC becomes more and more accepted on Wall St. a Bitcoin ETF will eventually have to be approved. When? Who knows.

When/if it happens, you will see a huge spike in the price of BTC on the announcement.

The potential for a BTC ETF is one reason why I'm comfortable HODLing my BTC for now. I'd hate to cash out just before the ETF announcement.

[stan the man]

My only fear is when thing get down to the level of the average TV homeowner -- it usually over

[RI401]

Some thing to remember or learn. Bitcoin is the system or open source code most all others are based.
Etherium is not about coin, or replacing fiat currency. Its based on smart contracts using Bitcoins code.
Other crypto currency rises and falls a great deal on the old pink sheets, otc methods of P and D. Pump and dump. The old day traders here will know what that means. STMX is one to watch as its app based crypto rewards system is up and running. IMHO the coin (platform) must have a purpose and fit what users need. Don't think of these as coins, but more of little ventures that can succeed or fail.

Last thing. Coinbase seems to be the Nasdaq of crypto, Voyager and others seem to be the pink sheets. ADA made it to the Coinbase market recently, and did not benefit much from that. I mention it because if a stock went otc to Nasdaq, it was an indicator of strength in that stock. Its not so with these, not now anyway. Only invest what you can lose.

Have fun and be careful,
Bud

[DaddyD]

I own a small amount of Bitcoin, litecoin, etherium, XLM and of course, Dogecoins. The last I don't figure will ever amount to anything, but it's so cheap, why not.

You must be THRILLED with your doge coin purchases now!! Take any profits yet?!?

[Malsua]

You must be THRILLED with your doge coin purchases now!! Take any profits yet?!?

I saw it run up.

Greed is keeping me in :).

I own quite a lot of it that I paid .0371 cents per coin. It's running about 30 cents right now. I spend all of 50 bucks on it I believe.

It's still not enough money for me to take the profits. 10x is great. 100x is greater, 1000x is where it's at :)

I'm really pegging my hopes on Tezos. I got in that one at like $1 each. It's was up over $7 and now back to $5. I'm looking at that as churn. If it nails the NFT thing, it's going to the moon, so I'm holding there too.

All this is just speculative money for me, so I see no reason to "day trade" it. It can bake till it makes it or goes to zero. No big deal for me.

[DaddyD]

Earlier in this thread forum member DylanTodd brought up the idea of creating a Village Crypto Club. I've spoken to him--he just bought property in The Villages and is moving here in the next 3-6 months. Once he's here permanently he is going to try and get approval to create an official club.

In the meantime, if any fellow crypto enthusiast would be interested in getting together for coffee at Starbucks, Panera, or wherever, to discuss bitcoin and other altcoins, pros/cons of various exchanges and cold wallets, defi, how to earn interest on crypto, etc., send me a message via this forum.

Assuming at least a few people will be interested, if everyone leaves me a personal email where they can be contacted, I could send out a group email and collectively we could decide on where and when to meet.

Full disclosure: I am far, FAR from being any kind of crypto-expert and am still in the learning process myself. Hopefully people more knowledgeable and experienced than myself will join in.