FabSwingers.com > Forums > Swingers Chat > Any fabbers into crypto
Any fabbers into crypto
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By (user no longer on site) OP
over a year ago
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Hi guys,
I’m looking to get into crypto trading I’ve got my trading platform ready if anyone would be happy to help me learn the basics that would be great thanks L |
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Don’t trade it. You’ll end up losing more in fees
than you’ll make. My software engineer friend is super bullish about Etherium as it’s becoming the blockchain for so many real world applications. Last night he promised me that if it didn’t increase 300% in the next six months that he’d make up the difference. He’d also had a lot of beers though  |
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By *ack688Man
over a year ago
abruzzo Italy (and UK) |
"Don’t trade it. You’ll end up losing more in fees
than you’ll make. My software engineer friend is super bullish about Etherium as it’s becoming the blockchain for so many real world applications. Last night he promised me that if it didn’t increase 300% in the next six months that he’d make up the difference. He’d also had a lot of beers though "
Given the performance of ETH this year, even allowing for the huge drop back in May, it is hitting new ATH on a regular basis and 300% may sound high but with the prospect of the shift to ETH2 and it moving from proof of work to proof of stake which should see a massive reduction in mining energy and hopefully a similar drop in gas fees, I can see it being quite possible. |
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"Given the performance of ETH this year, even allowing for the huge drop back in May, it is hitting new ATH on a regular basis and 300% may sound high but with the prospect of the shift to ETH2 and it moving from proof of work to proof of stake which should see a massive reduction in mining energy and hopefully a similar drop in gas fees, I can see it being quite possible. "
That’s what he said  |
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By (user no longer on site)
over a year ago
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Don’t do it mate. I deal in penny shares young companies i research what they are all about look in to what they do and how they perform on the stock market. Invest into them and sit with them. Made excellent gains. Into one at the moment that’s sitting pretty at the moment and certain to bring big gains in the future. |
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By (user no longer on site)
over a year ago
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"Hi guys,
I’m looking to get into crypto trading I’ve got my trading platform ready if anyone would be happy to help me learn the basics that would be great thanks L"
actual trading or buying and selling? |
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By (user no longer on site)
over a year ago
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"Don’t trade it. You’ll end up losing more in fees
than you’ll make. My software engineer friend is super bullish about Etherium as it’s becoming the blockchain for so many real world applications. Last night he promised me that if it didn’t increase 300% in the next six months that he’d make up the difference. He’d also had a lot of beers though "
bollocks, about the fee's. perfectly tradeable. |
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By (user no longer on site)
over a year ago
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"Don’t do it mate. I deal in penny shares young companies i research what they are all about look in to what they do and how they perform on the stock market. Invest into them and sit with them. Made excellent gains. Into one at the moment that’s sitting pretty at the moment and certain to bring big gains in the future. "
dont listen to this man. if you want to wait decades before making proper money. |
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I’d always research any coin before I’d buy it. But it’s worth doing if you have some spare money you’d be okay with losing. You’re better off buying a coin and holding it for a bit rather looking at pure trading to begin with.
Whatever platform you’ve set up make sure it’s easy to deposit into as some can charge a heavy fee for depositing money. |
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By (user no longer on site)
over a year ago
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alt coins invest in xrp, cardano, hbar, ent. for ling term holds.
invest in shitcoins/meme coins for short term insane gains, anywhere from 5x to 1000x in a matter of weeks to months.
the trick is to find high risk huge potential low market cap coins.
e.g doge, shiba inu, safemoon, hoge finance, etc.
you missed the boat on those ones, but more are popping up.
the new big dig in town is floki inu.
sitting at 2bil mcap set to go 50bn +
2bil mcap to 50 bn will be a 25x on initial investment e.g 1k will become 25k.
the key is to get in at as low mcap as possible.
my mate hot in early on shitcoins and turned it into 7 figures.
then there's passive income opportunities, coins that reward you in Btc, Eth, Bnb, Ada, Dot, matic etc.
Then there's yielding/farming/staking which compounds your investment faster than anything else on this planet.
so mamy options, its an incredible time to ve alive to earn financial freedom
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By (user no longer on site)
over a year ago
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"SOL is another I made huge gains on before it shot up. "
paperhands get rekt lol. fully regret not buying sol early on when it was £1, shot up to £200 lol.
you should of held.  |
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"SOL is another I made huge gains on before it shot up.
paperhands get rekt lol. fully regret not buying sol early on when it was £1, shot up to £200 lol.
you should of held. "
I got in SOL early and told a few friends..they didnt jump on board and are kicking themselves.
Bank interest rates are so crap, wish I did this sooner. |
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By (user no longer on site)
over a year ago
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"Don’t trade it. You’ll end up losing more in fees
than you’ll make. My software engineer friend is super bullish about Etherium as it’s becoming the blockchain for so many real world applications. Last night he promised me that if it didn’t increase 300% in the next six months that he’d make up the difference. He’d also had a lot of beers though "
you should listen to your friend |
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By (user no longer on site)
over a year ago
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"SOL is another I made huge gains on before it shot up.
paperhands get rekt lol. fully regret not buying sol early on when it was £1, shot up to £200 lol.
you should of held.
I got in SOL early and told a few friends..they didnt jump on board and are kicking themselves.
Bank interest rates are so crap, wish I did this sooner. "
banks are shit. full stop.
my money doesnt sit in ny bank, it goes into my crypto cex and then i multiply it on dex's.
Heres a tip. Buy KNIGHT aka knightswap. my multi millionare mate built it and owns it
if you know about pancakeswap 
uniswap, sushi swap, apeswap, coming soon (sundaeswap) for ada.
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"SOL is another I made huge gains on before it shot up.
paperhands get rekt lol. fully regret not buying sol early on when it was £1, shot up to £200 lol.
you should of held. "
Sorry meant to say I got SOL early on when it was a few pounds..and then it shot up. I still have it |
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By (user no longer on site)
over a year ago
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"SOL is another I made huge gains on before it shot up.
paperhands get rekt lol. fully regret not buying sol early on when it was £1, shot up to £200 lol.
you should of held.
Sorry meant to say I got SOL early on when it was a few pounds..and then it shot up. I still have it "
Nice!
how much sol did you buy? |
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"SOL is another I made huge gains on before it shot up.
paperhands get rekt lol. fully regret not buying sol early on when it was £1, shot up to £200 lol.
you should of held.
Sorry meant to say I got SOL early on when it was a few pounds..and then it shot up. I still have it
Nice!
how much sol did you buy? "
Not enough lol |
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By (user no longer on site)
over a year ago
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"SOL is another I made huge gains on before it shot up.
paperhands get rekt lol. fully regret not buying sol early on when it was £1, shot up to £200 lol.
you should of held.
Sorry meant to say I got SOL early on when it was a few pounds..and then it shot up. I still have it
Nice!
how much sol did you buy?
Not enough lol"
what we talking here? under 100 sol? over 100 sol but under 1000 sol? |
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"SOL is another I made huge gains on before it shot up.
paperhands get rekt lol. fully regret not buying sol early on when it was £1, shot up to £200 lol.
you should of held.
Sorry meant to say I got SOL early on when it was a few pounds..and then it shot up. I still have it
Nice!
how much sol did you buy?
Not enough lol
what we talking here? under 100 sol? over 100 sol but under 1000 sol? "
Just under 100 in feb...cashed abit out and onto other stocks and reinvested back inti SOL. |
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By (user no longer on site)
over a year ago
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"SOL is another I made huge gains on before it shot up.
paperhands get rekt lol. fully regret not buying sol early on when it was £1, shot up to £200 lol.
you should of held.
Sorry meant to say I got SOL early on when it was a few pounds..and then it shot up. I still have it
Nice!
how much sol did you buy?
Not enough lol
what we talking here? under 100 sol? over 100 sol but under 1000 sol?
Just under 100 in feb...cashed abit out and onto other stocks and reinvested back inti SOL. "
oh dear.
i'll have a moment of silence for your loss |
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"SOL is another I made huge gains on before it shot up.
paperhands get rekt lol. fully regret not buying sol early on when it was £1, shot up to £200 lol.
you should of held.
Sorry meant to say I got SOL early on when it was a few pounds..and then it shot up. I still have it
Nice!
how much sol did you buy?
Not enough lol
what we talking here? under 100 sol? over 100 sol but under 1000 sol?
Just under 100 in feb...cashed abit out and onto other stocks and reinvested back inti SOL.
oh dear.
i'll have a moment of silence for your loss "
Thanks..lol
Still made abit . Better than sitting in banks.
Got back in SOL at 150 and now its at 220.
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By (user no longer on site)
over a year ago
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"SOL is another I made huge gains on before it shot up.
paperhands get rekt lol. fully regret not buying sol early on when it was £1, shot up to £200 lol.
you should of held.
Sorry meant to say I got SOL early on when it was a few pounds..and then it shot up. I still have it
Nice!
how much sol did you buy?
Not enough lol
what we talking here? under 100 sol? over 100 sol but under 1000 sol?
Just under 100 in feb...cashed abit out and onto other stocks and reinvested back inti SOL.
oh dear.
i'll have a moment of silence for your loss
Thanks..lol
Still made abit . Better than sitting in banks.
Got back in SOL at 150 and now its at 220.
"
you should look into low cap high risk coins, i highlighted it in one of my replies above.
Dont worry, a crash is coming soon to wipe out the value of all coins.
Which means........
ALL CRYPTO ON SALE 
saving a huge chunk for that moment, cant wait. |
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You've really got to do your research, maybe start at the start, really find out what a blockchain is, read about early crypto culture, and then find the projects that are fulfilling that.
Don't be a sheep thinking crypto is a coin, it's the most advanced technology since AI and electricity, it's the new steam engine, and we are at the stage where the steam engine was at in its early days.
Step 1: pumping coal out of mineshafts :O wow! Step 2: autoloom!  Nice! Step 3: ??? Step 4: quantum topological bio computational artificial intelligence simulating super-parallel semi stochastic knowledge hypergraphs. •v• p?p I'm seeing the void...
Btc was just moving value, eth was just looking smart contracts, Cardano is the major step 3, but there are a lot of technologies that use blockchains nicely.
Crypto hasn't happened yet, so as long as there is a real team with a good idea that already has large customers who have said they are going to use the tech, you can't really go wrong.
When blockchains are used for every single aspect of life in the same way that electricity is used for literally everything directly or indirectly, then it will be hard to find new projects to invest in since the market will finally reach saturation.
Until then, you just have to search, right now we are in the scammers and con artists phase where the really dirty stupid people come in to try to make Blood money off of hype and other people who are even more stupid then them.
You might have to wait until that is over to be honest, it's all become noise for me too. |
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I do day trading on a few different platforms. Making small profits every day of roughly £50 quid and investing the profit in buying bitcoin.. i own a whole 0.1 of a bit coin worth £4.5K from an orginal investment of £500. I caught the LRC pump luckilly which made me a decent return. Bought each for 71p and sold them all for 2.46 |
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By (user no longer on site)
over a year ago
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"You've really got to do your research, maybe start at the start, really find out what a blockchain is, read about early crypto culture, and then find the projects that are fulfilling that.
Don't be a sheep thinking crypto is a coin, it's the most advanced technology since AI and electricity, it's the new steam engine, and we are at the stage where the steam engine was at in its early days.
Step 1: pumping coal out of mineshafts :O wow! Step 2: autoloom! Nice! Step 3: ??? Step 4: quantum topological bio computational artificial intelligence simulating super-parallel semi stochastic knowledge hypergraphs. •v• p?p I'm seeing the void...
Btc was just moving value, eth was just looking smart contracts, Cardano is the major step 3, but there are a lot of technologies that use blockchains nicely.
Crypto hasn't happened yet, so as long as there is a real team with a good idea that already has large customers who have said they are going to use the tech, you can't really go wrong.
When blockchains are used for every single aspect of life in the same way that electricity is used for literally everything directly or indirectly, then it will be hard to find new projects to invest in since the market will finally reach saturation.
Until then, you just have to search, right now we are in the scammers and con artists phase where the really dirty stupid people come in to try to make Blood money off of hype and other people who are even more stupid then them.
You might have to wait until that is over to be honest, it's all become noise for me too."
i agree with everything except your last line.
dont wait till its over,because there is always going to be scammers. you'll miss the boat if you do.
ive been scammed a few times, no biggie, ive also made a huge chunk that makes my losses pale in comparison.
You think mike tyson would of got in the ring if he was scared of getting punched? |
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By (user no longer on site)
over a year ago
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"I do day trading on a few different platforms. Making small profits every day of roughly £50 quid and investing the profit in buying bitcoin.. i own a whole 0.1 of a bit coin worth £4.5K from an orginal investment of £500. I caught the LRC pump luckilly which made me a decent return. Bought each for 71p and sold them all for 2.46 "
chump change, and pointless. you could be putting that money to work investing in better projects. investing in bitcoin is pointless unless you have the money to buy more than one coin.
i made more than your entire bitcoin value in 30 seconds with an altcoin presale.
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By (user no longer on site)
over a year ago
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Some dick swinging in here I see…
Do your own research and don’t ask on a swinging forum. You could end up losing a lot of money on a rug pull or the advice of someone with a vested interest in a project.
Basics you want to be looking at are the project, the people behind the project, marketcap etc
Don’t day trade you’ll lose more than you earn, and remember you’ll never buy at the bottom or realistically sell at the top.
Crypto is a long term investment, so don’t look to buy big and make mad gains in the short term. Yes it can be done but you’ve got to be pretty lucky or have some inside knowledge to pull it off.
I at one point had over 8 btc but used them, at the time they were worth about £50 each. Hindsight is a wonderful thing!!
Coins I own atm are mainly Ada as I like the project and the people behind it. It’s already more than tripled in value since I was buying coin. It peaked at £2.42 or something and I sold some at around £2.10. It then bombed to just over £1.40 but has gone back up to around £1.66.
I’ve lost nothing as I’ve not sold, I took out my initial investment and the rest is pure profit. There are staking options with coins, this is basically interest and pays more than any bank, you can make a nice profit from that, more you stake the more you earn back.
There are also ways of getting free crypto, publisd0x or coinpayu for instance. My advice would be to find a coin you like the project of, and invest but only invest what you can afford to lose. Checkout Coinbase as there are ways to get free crypto from there too.
Finally never store your coins on an exchange, always in an offline cold wallet, ensure you’ve got your recover key/pass and never share that with anyone. If you’re a serious investor then I’d suggest a trezor key, which is a hardware wallet.
There is a brilliant community on Reddit, who will give you advice on these things and are more trustworthy than a bunch of swingers |
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By (user no longer on site)
over a year ago
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"Some dick swinging in here I see…
Do your own research and don’t ask on a swinging forum. You could end up losing a lot of money on a rug pull or the advice of someone with a vested interest in a project.
Basics you want to be looking at are the project, the people behind the project, marketcap etc
Don’t day trade you’ll lose more than you earn, and remember you’ll never buy at the bottom or realistically sell at the top.
Crypto is a long term investment, so don’t look to buy big and make mad gains in the short term. Yes it can be done but you’ve got to be pretty lucky or have some inside knowledge to pull it off.
I at one point had over 8 btc but used them, at the time they were worth about £50 each. Hindsight is a wonderful thing!!
Coins I own atm are mainly Ada as I like the project and the people behind it. It’s already more than tripled in value since I was buying coin. It peaked at £2.42 or something and I sold some at around £2.10. It then bombed to just over £1.40 but has gone back up to around £1.66.
I’ve lost nothing as I’ve not sold, I took out my initial investment and the rest is pure profit. There are staking options with coins, this is basically interest and pays more than any bank, you can make a nice profit from that, more you stake the more you earn back.
There are also ways of getting free crypto, publisd0x or coinpayu for instance. My advice would be to find a coin you like the project of, and invest but only invest what you can afford to lose. Checkout Coinbase as there are ways to get free crypto from there too.
Finally never store your coins on an exchange, always in an offline cold wallet, ensure you’ve got your recover key/pass and never share that with anyone. If you’re a serious investor then I’d suggest a trezor key, which is a hardware wallet.
There is a brilliant community on Reddit, who will give you advice on these things and are more trustworthy than a bunch of swingers"
i agree with almost everything you said except.
do day trade, i know many successful day traders.
just because YOU suck at day trading, dont discourage others.
Op can be successful at day trading if he puts in the work and learns from someone successful.
also, successful investors can exist on a swinging forum and reddit and any other platform with a social platform at the same time.
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"I made $700 on a $1600 investment on MANA in 29th oct this year and its still going up.
nice, i made 10k from £50 on shiba inu. "
I did not make as much as that but it’s getting there. I have a few million of them!! Hope it gets to 30p lol |
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By (user no longer on site)
over a year ago
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"MANA is still going strong today if anyone wants to jump on. I have been watching them for a few weeks now! Just doing more research into it then I may jump onto it! "
id jump into it, long term hold though, years. and you'll want to spend atleast 300 to 1k minimum for a good return |
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By (user no longer on site)
over a year ago
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"
i agree with almost everything you said except.
do day trade, i know many successful day traders.
just because YOU suck at day trading, dont discourage others.
Op can be successful at day trading if he puts in the work and learns from someone successful.
also, successful investors can exist on a swinging forum and reddit and any other platform with a social platform at the same time.
"
I've never said I day trade or not, so don't make assumptions.
Absolutely successful investors can be on here, or on reddit, however, the majority of people all say don't day trade.
The overall point I was making here, is there are better places to gain information from, I would presume the knowledge pool here is quite small, compared to reddit/bitcoin forums etc.
Crypto is like a casino, only bet what you can afford to lose. DYOR - Do your own research. HODL - Hold on to your coins.
Again it's a long term investment, and not a get rich quick scheme. Doge/Squid etc have all shown there is no get rich quick scheme for the masses, a few may have made millions, but the masses got shafted. |
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By (user no longer on site)
over a year ago
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"
i agree with almost everything you said except.
do day trade, i know many successful day traders.
just because YOU suck at day trading, dont discourage others.
Op can be successful at day trading if he puts in the work and learns from someone successful.
also, successful investors can exist on a swinging forum and reddit and any other platform with a social platform at the same time.
I've never said I day trade or not, so don't make assumptions.
Absolutely successful investors can be on here, or on reddit, however, the majority of people all say don't day trade.
The overall point I was making here, is there are better places to gain information from, I would presume the knowledge pool here is quite small, compared to reddit/bitcoin forums etc.
Crypto is like a casino, only bet what you can afford to lose. DYOR - Do your own research. HODL - Hold on to your coins.
Again it's a long term investment, and not a get rich quick scheme. Doge/Squid etc have all shown there is no get rich quick scheme for the masses, a few may have made millions, but the masses got shafted."
i agree with you once again.
the way you spoke about day trading made it sound like you were speaking from experience which is why i made my assumptions, glad you cleared that up.
squid was a rug pull though, and you are right, there is no get rich scheme, but there is a get rich quicker than other methods strategy and crypto (if you know how) is it.
i know how, and im happy to share the pot of gold at the end of the rainbow. im not a millionaire yet but im close, and i meet and congregate with 6-7 figure earners in the crypto space. im not here to swing a dick or boast.
only sharing whats possible and that everyones potential is higher than they think.
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By (user no longer on site)
over a year ago
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"I though crypto was superman’s weakness "
....and there's.
If I had 10k I wouldn't be fkin on here telling folk about it - I'll be waving goodbye, as I sail on my cruise ship |
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By *MNJCouple
over a year ago
Nuneaton |
"Don’t do it mate. I deal in penny shares young companies i research what they are all about look in to what they do and how they perform on the stock market. Invest into them and sit with them. Made excellent gains. Into one at the moment that’s sitting pretty at the moment and certain to bring big gains in the future. "
Is it called Aerotyne?  |
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By (user no longer on site)
over a year ago
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"I though crypto was superman’s weakness
....and there's.
If I had 10k I wouldn't be fkin on here telling folk about it - I'll be waving goodbye, as I sail on my cruise ship "
thats why you're broke. youd spend the 10k instead of re-investing it, compounding it. |
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By (user no longer on site)
over a year ago
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here''s an example.
hedge finance launched 4th november.
as of today, its done 90x and sitting at 30ml mcap.
if you invested 1k on 4th of nov. today you'd have 90k to cash out. you'd be grinning from ear to ear.
crypto's like this are launching daily/weekly/monthly.
https://www.hedge-finance.com/
https://www.dextools.io/app/bsc/pair-explorer/0xd28887e926c566527b92bb487c14c8332f2416d0
this is the opportunities out there that people missing while investing in bitcoin (lol) or sol (lol) or buying so and so coin at 70p then selling at 2.41 (3x lol)
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By (user no longer on site)
over a year ago
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Portfolio os now worth 1.2 million dollars.
I think we have another leg up, between 75-80k btc at which point we'll see it drop a about 30 percent and then when it starts to retrace up to 70% area back towards the high, if the alt coins are blowing up that will be my cue to sell and wait for the bear to see us drop 80% until I can chuck money back in!
What are you all thinking about for the peak of the cycle? |
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By *akie32Man
over a year ago
winchester |
i know alot of people made big money on bit coin, i also know alot of people who made alot on the stock market.
however i also know alot who lost big, one of my old school friends made a load young on the stock market, he was loaded in his 30s, killed himself when he lost it all, so remember any investment can go down, so only bet what you can afford to loose.
as to bit coin, i think the only people who made big money were the early investers, untill the next big thing happens then i think things will stay pretty much the same, give or take, personaly i dont get how something that doesnt really exsist have a value, maybe im looking at it wrong, at least if i invest in a property for instance, i still have something to sell at the end, what ever its value.
this is why i dont work in the city lol |
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By (user no longer on site)
over a year ago
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No idea about all this as I'm just a plasterer but joined coinbase a week ago and put £200 into shiba inu. Done a few lessons since and got a couple of other crypto coins but the market is up and down so much. Hopefully in time I make descent money so I can leave something behind for my kids. I try and do research but there's so much diffrent advice out there its hard to know who to trust |
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By (user no longer on site)
over a year ago
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"No idea about all this as I'm just a plasterer but joined coinbase a week ago and put £200 into shiba inu. Done a few lessons since and got a couple of other crypto coins but the market is up and down so much. Hopefully in time I make descent money so I can leave something behind for my kids. I try and do research but there's so much diffrent advice out there its hard to know who to trust "
It’s a meme coin. I’d say stay away from that (and other meme coins).
I think the days of become a millionaire off of a few hundred are pretty much gone. But you might still see up to 10x increase in coins such as Loopring or Sys. Maybe a doubling of ethereum in the next 6 months. |
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By (user no longer on site)
over a year ago
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I’m just getting into it. I’m holding vechain and holochain but looking for other potential gems. The crypto people on YouTube say vechain has unlimited potential, I’m prepared to buy and just sit on it and be patient. Anybody with any tips on coins to check out please reply and I will have a look at them |
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Super bullish on loopring (LRC). They have excellent technology which is endorsed by Vitalik and is going to make a big difference to the ethereum gas fee problem.
They're also partnering up with Gamestop for an Nft marketplace. We're just waiting on the official announcement confirming it. There have been leaks in the loopring code which indicate they're working with gamestop. This is huge in itself. The only two stocks you need are GME and LRC right now. Not financial advice. |
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Also if you guys want a good source of education about crypto, there are two really good channels to watch. Coinbureau and Whiteboard Crypto.
I'd highly recommend learning about crypto before jumping in. |
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"Don’t do it mate. I deal in penny shares young companies i research what they are all about look in to what they do and how they perform on the stock market. Invest into them and sit with them. Made excellent gains. Into one at the moment that’s sitting pretty at the moment and certain to bring big gains in the future. "
I'm interested, fancy sending me a message and telling me which one? |
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By *litterbabeWoman
over a year ago
hiding from cock pics. |
I'm doing a lot of research on cryptocurrency, I still haven't evenjoined an exchange, the fees seem so high and I'm finding it a little bit confusing.
All I want to do is invest just a few £100 in bitcoin for the moment and leave it there, in the future and they want to buy other bits and pieces as I learn more about them.
It's a bit confusing at the start, hopefully I will get there! |
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By (user no longer on site)
over a year ago
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Someone said earlier not to store your coins in an exchange, I presume they mean something like eToro? Can you explain why please? I currently have about $1k in GME in eToro. |
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By *rHotNottsMan
over a year ago
Dubai & Nottingham |
"Given the performance of ETH this year, even allowing for the huge drop back in May, it is hitting new ATH on a regular basis and 300% may sound high but with the prospect of the shift to ETH2 and it moving from proof of work to proof of stake which should see a massive reduction in mining energy and hopefully a similar drop in gas fees, I can see it being quite possible.
That’s what he said "
I’m only interested in crypto that is focussed on solving real world problems using blockchain, not gimmick dog coins etc, working with regulators globally, has an eye on emerging markets like Africa , Asia and LATAM. Does ETH pass this test ? |
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By *litterbabeWoman
over a year ago
hiding from cock pics. |
"Someone said earlier not to store your coins in an exchange, I presume they mean something like eToro? Can you explain why please? I currently have about $1k in GME in eToro."
I'm not sure but any exchange I look at seems to have really bad reviews on trustpilot, I've been looking at kucoin and Swissborg.
They seem to either have really bad reviews or high fees or both! |
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By (user no longer on site)
over a year ago
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"No idea about all this as I'm just a plasterer but joined coinbase a week ago and put £200 into shiba inu. Done a few lessons since and got a couple of other crypto coins but the market is up and down so much. Hopefully in time I make descent money so I can leave something behind for my kids. I try and do research but there's so much diffrent advice out there its hard to know who to trust
It’s a meme coin. I’d say stay away from that (and other meme coins).
I think the days of become a millionaire off of a few hundred are pretty much gone. But you might still see up to 10x increase in coins such as Loopring or Sys. Maybe a doubling of ethereum in the next 6 months."
Terrible advice, I've made a tonne from meme coins. |
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By (user no longer on site)
over a year ago
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"I've got an auto trading bot average 15% ish returns on winning trades. Also had about 3 milioons views on twitter a week....! any advice please feel free to message me inbox open! "
Thats fantastic, is that weekly or monthly? |
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By (user no longer on site)
over a year ago
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"I’m just getting into it. I’m holding vechain and holochain but looking for other potential gems. The crypto people on YouTube say vechain has unlimited potential, I’m prepared to buy and just sit on it and be patient. Anybody with any tips on coins to check out please reply and I will have a look at them "
yes, use Vetter. vetter ai. a crypto dapp that lists projects to invest in. always do your own research first before investing in a crypto just because everyone else is or someones telling you to. |
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By (user no longer on site)
over a year ago
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"No idea about all this as I'm just a plasterer but joined coinbase a week ago and put £200 into shiba inu. Done a few lessons since and got a couple of other crypto coins but the market is up and down so much. Hopefully in time I make descent money so I can leave something behind for my kids. I try and do research but there's so much diffrent advice out there its hard to know who to trust "
Ive explained this above and i'll explain again. Your profit when researching coins is based on how much you invested/coins purchased at the Market Cap value before the MCV increased x the MCV increase.
For example.
We'll use " shiba inu " as an example.
If you bought 1 million shiba inu's for £200 at a MCV of 200K.
And that MCV increased to 1mil. You just 5x'd your investment. Shiba inu with a marketcap of 1mil, means your £200 is now worth 1k.
You just invested in shiba inu 2 weeks ago for £200. The current MCV of shiba inu at time of writing this comment is 20 bil gbp.
Shiba inu's mcv will need to reach 40 billion to turn your £200 into £400 pound.
It took shiba a whole year nearly to reach its current mcap.
You are prepared to wait a year to turn £200 into £400?
lol.
imo, sell your shiba.
and reinvest in low cap projects. Presales will be your best bet to begin with.
Not financial advice
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By (user no longer on site)
over a year ago
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"Also if you guys want a good source of education about crypto, there are two really good channels to watch. Coinbureau and Whiteboard Crypto.
I'd highly recommend learning about crypto before jumping in. "
Whiteboard crypto is okay
Crypto Mason is also a good source.
i dont get my info from youtubers, but its a gd start for newbies |
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By (user no longer on site)
over a year ago
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"I'm doing a lot of research on cryptocurrency, I still haven't evenjoined an exchange, the fees seem so high and I'm finding it a little bit confusing.
All I want to do is invest just a few £100 in bitcoin for the moment and leave it there, in the future and they want to buy other bits and pieces as I learn more about them.
It's a bit confusing at the start, hopefully I will get there!"
sorry to burst your bubble but as i said in one of my posts above about marketcap, £100 in bitcoin is literally pointless.
you cant come into this game with £100 and invest into projects you already missed the boat on. Just doesnt make any sense. |
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By (user no longer on site)
over a year ago
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"coinmarketcap.com
check out sand, the sandbox, another metaverse token.
will be big!
literally globally successful game, minecraft on steroids. "
proof is in the pudding. I called this coin long before november but was late to share on fab, at the time of this message it was pennies, shot straight up to 6 now £4.80.
Easy 6x - 10 x in 3 weeks. You do the math with your own investment.
if mr shiba inu quite a few comments above put his £200 into SAND instead of shiba inu, mr shiba inu would have made £1200,sell it then can use that to reinvest in another coin, rinse and repeat. instead of being stuck HOLDING £200.
this is the beauty of compounding/doubling your money with crypto.
unless you want to wait years for crap profit investing couple hundred in long term coins.
id say go down this route.
Or you could put £100 in bitcoin and make £16 profit when bitcoin moves up 16%
upto you. |
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By (user no longer on site)
over a year ago
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"Someone said earlier not to store your coins in an exchange, I presume they mean something like eToro? Can you explain why please? I currently have about $1k in GME in eToro."
store your coins in a wallet, not an exchange.
if the exchange gets fucked you may lose your money. if your coins are in a wallet you keep your coins.
thats why. i only use exchanges to exchange and thats it. Exchange crypto for crypto. Send and recieve crypto between wallets, and convert crypto into fiat. THATS it.
or trade if you want trade. |
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By *litterbabeWoman
over a year ago
hiding from cock pics. |
"Someone said earlier not to store your coins in an exchange, I presume they mean something like eToro? Can you explain why please? I currently have about $1k in GME in eToro.
store your coins in a wallet, not an exchange.
if the exchange gets fucked you may lose your money. if your coins are in a wallet you keep your coins.
thats why. i only use exchanges to exchange and thats it. Exchange crypto for crypto. Send and recieve crypto between wallets, and convert crypto into fiat. THATS it.
or trade if you want trade."
How do you know to trust the company behind wallet? |
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"Someone said earlier not to store your coins in an exchange, I presume they mean something like eToro? Can you explain why please? I currently have about $1k in GME in eToro.
store your coins in a wallet, not an exchange.
if the exchange gets fucked you may lose your money. if your coins are in a wallet you keep your coins.
thats why. i only use exchanges to exchange and thats it. Exchange crypto for crypto. Send and recieve crypto between wallets, and convert crypto into fiat. THATS it.
or trade if you want trade.
How do you know to trust the company behind wallet?"
You can get hot or cold wallets. |
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"I'm doing a lot of research on cryptocurrency, I still haven't evenjoined an exchange, the fees seem so high and I'm finding it a little bit confusing.
All I want to do is invest just a few £100 in bitcoin for the moment and leave it there, in the future and they want to buy other bits and pieces as I learn more about them.
It's a bit confusing at the start, hopefully I will get there!
sorry to burst your bubble but as i said in one of my posts above about marketcap, £100 in bitcoin is literally pointless.
you cant come into this game with £100 and invest into projects you already missed the boat on. Just doesnt make any sense. "
Couldn’t you invest via dollar cost average then hodl |
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By (user no longer on site)
over a year ago
|
"Someone said earlier not to store your coins in an exchange, I presume they mean something like eToro? Can you explain why please? I currently have about $1k in GME in eToro.
store your coins in a wallet, not an exchange.
if the exchange gets fucked you may lose your money. if your coins are in a wallet you keep your coins.
thats why. i only use exchanges to exchange and thats it. Exchange crypto for crypto. Send and recieve crypto between wallets, and convert crypto into fiat. THATS it.
or trade if you want trade.
How do you know to trust the company behind wallet?"
reviewas? reputation? length of time been active. etc.
i store most of my coins on metamask and a cold wallet (aka usb) called trezor T |
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"SOL is another I made huge gains on before it shot up.
paperhands get rekt lol. fully regret not buying sol early on when it was £1, shot up to £200 lol.
you should of held.
Sorry meant to say I got SOL early on when it was a few pounds..and then it shot up. I still have it
Nice!
how much sol did you buy?
Not enough lol
what we talking here? under 100 sol? over 100 sol but under 1000 sol?
Just under 100 in feb...cashed abit out and onto other stocks and reinvested back inti SOL.
oh dear.
i'll have a moment of silence for your loss
Thanks..lol
Still made abit . Better than sitting in banks.
Got back in SOL at 150 and now its at 220.
"
Wish you'd unblock me, need to chat about this!!  |
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A colleague invested in bitcoin right in the early days when they were a start-up. Made hundreds of thousands when they hit $10,000. Now owns an apartment in Manhattan and Berlin from the proceeds.
As with most things, gamble/invest with what you can afford to lose.
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By (user no longer on site)
over a year ago
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"A colleague invested in bitcoin right in the early days when they were a start-up. Made hundreds of thousands when they hit $10,000. Now owns an apartment in Manhattan and Berlin from the proceeds.
As with most things, gamble/invest with what you can afford to lose.
"
100% this |
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By *razoMan
over a year ago
Kent |
I know this is a tread about crypto not Bitcoin so lets make that clear that Bitcoin is not crypto. It is a free market so if you want to speculate on alt coins it is down to you. But if you havent done any research into BTC, read a book like the Bitcoin Standard by Seifaden, or even made a transition on the lightning network I am afraid you are missing the wood for the trees.
By the way before you start trading you should understand the tax implications. That’s a job on itself. Lots of people make money but it is no that simple and takes lots of research. Good luck |
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Hard core believer here. With it being a bear market most of my attention is on dollar cost averaging Bitcoin and Etherium . For now I'm not really looking at ALTcoins at least not until sentiment changes again. |
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By *ase4122Man
over a year ago
Lancashire |
"Hi guys,
I’m looking to get into crypto trading I’ve got my trading platform ready if anyone would be happy to help me learn the basics that would be great thanks L"
Not anymore, lost everything on it! Living in a cardboard box now |
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By *rHotNottsMan
over a year ago
Dubai & Nottingham |
I just think it’s one of the most boring ways to make money., behind S&S even , leave it the old guys and geeks in tank tops and do something more fun
Having said that I did make a lot of money during lockdown not just on BTC but Amazon , Apple, Microsoft stock and a bit less on Tesla but cashed out and bought my house when I’d made enough.
I just find it all so boring tbh |
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