Haven’t logged into Binance in about 3 years bc I just had some alt coins there. Basically didn’t touch Coinbase for two years. My Google Authenticator needs to be reset to access binance but you seemingly can’t do that without being in the account...which is dumb. It appears binance has 24/7 English support, but fuck me if they want you to find that #. Has anyone ever been in this situation or have # to call? edit: I was able to reset. Ended up having some money in there but unfortunately not loads of Doge.
Right thats how we get them started. Then after a few months they are downloading Metamask and starting on 9 different Blockchains
Some. I know people who I have been begging to stop trading doge on RH because it’s just so logically perplexing to me. Self proclaimed crypto traders on Robinhood = self proclaimed coffee snobs who live on bottled Starbucks Frappuccino’s.
I’m bummed I didn’t move all my BTC over to ETH. Still Have 25% BTC (it was closer to 35% a week ago but ETH keeps running)
I think there are only a few questions that matter: when the entire market crashes 70+%, with most alts down 90+%, are you a buyer? Will you regret what you hold? Will your general investment thesis be the same? If this cycle is like any other cycle, every person holding any crypto will have to consider those questions.
The obvious answer is cash (stable coins) and btc. Are you just planning on holding through? Seems a little silly to not peel off a little if you think this is what’s going to happen. Fwiw I agree that it plays out much like every other cycle.
I’ll hold and will continue to buy btc every 2 weeks. I think it’ll be worth $1m+ within 10 years and don’t feel the need to sell and realize gains if it hits like $100k.
Binance coin, Cardano, eth classic, xrp, doge, and I’m sure countless others have outperformed btc and eth YTD. If you’re in eth, shouldn’t you be in all of those too?
Fair. I’ll always hold at least 1 but I will be happy to sell 6 figure btc and accumulate again before the next halving. If it goes to a million between that time and then, oh well. I don’t fancy myself a day trader but that’s plenty of time for a simpleton like me to dca in and out.
Obviously a troll post, but I think there are plenty who have done zero homework on any of this and are just chasing shiny objects. Hence my post. Is bnb not a threat to eth? Is cardano not a threat? Aren’t they trying to do the same thing? Doesn’t tron have more tether on it than eth? Seems disingenuous to put the % threat chance of any of those at 0. I’ll concede doge and xrp. But Raoul is largely touted as the eth leader itt and is admittedly playing alt coin whack a mole due to his fomo.
It’s a meme economy. Gme and doge are the best performers. That won’t always be the case. Questioning why bnb and cardano can’t compete with eth makes me wonder how much homework you have actually done.
Not really my point. The approach of many in here is “dollar gains.” Cool. Not judging any of that. But if that’s the case, plenty of shit is wildly outperforming eth and btc. To the latter comment, I’ve done enough to know that I have no need or interest in holding any. The Lyn Alden article summarizes my concerns as do quite a few podcasts I’ve listened to over the years about the technical side, the sporadic changes to monetary policy (if we’re calling it that), etc.
Some reading materials on proof of stake: -https://nakamotoinstitute.org/static/docs/on-stake-and-consensus.pdf -https://s3.eu-west-2.amazonaws.com/john-pfeffer/An+Investor's+Take+on+Cryptoassets+v6.pdf -https://hugonguyen.medium.com/proof-of-stake-the-wrong-engineering-mindset-15e641ab65a2
Some podcasts: -With Vitalik: https://www.whatbitcoindid.com/podcast/bitcoin-vs-ethereum-with-samson-mow-vitalik-buterin -https://www.whatbitcoindid.com/podcast/btc-vs-eth-episode-review-with-udi-wertheimer
What corporations have announced it as a part of it's treasury? I'm aware of like 2. Not sure this comparison is the "sit the fuck down" you want to get into. But hey, go team! -https://www.coingecko.com/en/public-companies-ethereum -https://bitcointreasuries.org/
And a macro investor who is about as far from a "maxi" as you can get analyzing eth https://www.lynalden.com/ethereum-analysis/
Because institutional investors are famous for their honesty and letting everyone know what their future investments will look like.
That's far from the reason I don't have any interest in investing. Just an article. If you do one thing, I'd say to listen to the Vitalik pod and the follow up.
Anyone use FTM? I keep getting told it's the next big thing and actually functions unlike some of the hyped ones
To actually answer your question though, it took a minute and was somewhat expensive for me to get the FTM over there to pay for transactions, so many people are trying to flood over there right now and there are some liquidity issues on the bridge sites. Now that I'm set up though, its pretty awesome. Very cheap and very fast transactions, decent amount of projects to choose from that will only grow.
Love it. I’m actually surprised you’re not more active over here. Small cap crypto seems like penny stocks on steroids