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More pain incoming for BTC. I'm guessing we haven't hit bottom yet.

NM

Totally second the idea of starting small if you invest in crypto. Even if you can (and plan to) invest a substantial amount, force yourself to start slow. You could be the smartest dude in the world, but your idea about what constitutes a good investment is going to change over time as you...

Whitepaper is good but a lot of it's just going to confuse you. Lots of good YouTube vids out there though that can really break things down and make them easy to understand. I personally prefer Crypto Casey. She has a whole series and you can start from her earlier vids where she breaks down...

I went all in on ETH during the last dip. I don't own any other coins now. I think in 12 months time everyone is going to be saying "Man, I wish I had more ETH" no matter how much ETH they have right now.

It would be insanely stupid for Musk to do something like that: sell a huge amount of BTC moments before his tweet. Moreover there would be no need. He controlled both the timing of his tweet and the timing of his sale. There would have been nothing stopping him from selling days in advance...

If ADA isn't a competitor of ETH, which coins are?

ETH has definitely accelerated their timeline due to competition. ADA is one of those competitors.

Right. Should be no need to sell ETH.

ETH will be back at 4k+ very soon.

BTC is still the bellwether crypto, even if you believe (like me) that it won't be for long. Anything that massively effects BTC is going to have a broad effect on the crypto market as a whole. Plus, the whole DoJ/IRS investigation into Binance is also factoring in. Plus, the crypto market...

Lol perusing fintwit- all the various influencers and reps from the various cryptos are taking this opportunity to go ahead and remind everyone how "green" and "sustainable" their coin is... :eyeroll. Everyone wants to be Musk's next crypto crush.

Hmm... After digging around a bit I might have to pick up some Nano.

You're going to invest in crypto eventually anyway, might as well do it now.

We know institutional investors have been primarily responsible for ETHs recent surge, but we don't necessarily know which ones. Read the writing on the wall though: 1. Tesla publicly sells a portion of BTC. 2. ETH more than doubles in a month as institutional investors pour money into it. 3...

Read the last sentence of Tesla's statement. It's v clear Musk is transitioning his support from BTC to some other crypto. Pick the right one and you'll make a lot of money. The obvious answer is ETH, but it's Musk, so who knows? It's fun to speculate what's going to happen, but anyone with...

This is an awesome time to buy. These opportunities don't come along very often. Make sure you are catching it near the bottom though, rather than halfway down.

Coins with a solid use case get hit with hype just like shitcoins. When the hype ends for shitcoins, they die. When hype ends for coins with substance, they correct and then continue to grow. VET was steadily growing in value before the hype and it will continue to grow once it corrects.

This is part of Musk transitioning to ETH (like everyone else). The flippening is drawing closer.

Yeah, I've stayed away from ADA for these reasons, but I've recently read some things that make me think ETH and ADA can easily co-exist and both can prosper. My biggest position by far is still ETH, but I sunk some funds into ADA recently mainly because as a coin itself it is technically very...

Yeah, that's why I put "company" in quotes. You're investing in a protocol, not a company, but that's what's really interesting about crypto- it gives "protocols" some of the same properties as companies. It's not quite analogous, but from an investment standpoint it's close enough.

I guess it feels like owning tokens (and some coins) is almost a new way of owning equity in a company. Even if the UNI token itself doesn't have a "use," Uniswap itself has significant value as a "company" and by owning UNI you are investing in the company. As Uniswap itself goes up in value...

Just curious- anyone invested in UNI or looked into it? Considering buying.

Yeah... the shitcoin market... Edit: Ok, basically just the Dogecoin market, but still...

1. Buy 2. Hold If you're doing anything else, you're making it more complicated than it is. I don't think a lot of you guys realize how lucky you are to be on the cusp of generational transfer of wealth.

Bounced back fast though. So many people waiting to buy in.

Again, worth remembering all these barriers and annoyances are what is keeping the prices low enough for normal people to get in cheap and early. Once they are gone prices will skyrocket.

Because the benefits of owning crypto are significantly greater than the benefits of owning a crypto-related ETF.

More scavenger-like than predatory, but you shouldn't feel bad either way. You are doing absolutely nothing to cause the situation and it's going to happen regardless of what you do.

Wtf is going on with the ETH chart?? Looks like it shot up to 3800 ten times in a row and each time immediately dropped back down to 3500.

Edit: deleted a Reddit post about truebit because it's long af and it wouldn't let me spoiler it for some reason

You'd be dumb to 86 your VET before it gets listed on Coinbase and some of the other exchanges. That by itself will be a huge catalyst.

Yep, it's still my second biggest position after ETH. I won't be surprised if it hits 2$+ by the end of the year. The big question will be what to do if it does: cash out or stick. I'm still mulling how long term of an investment it is.

No, I agree, but I think BTC and ETH are both something beyond "money"- especially ETH. Plus, unlike MySpace, I don't think BTC is going anywhere. I just think ETH will prevail as the "top dog" transactional crypto. As has been stated, it's pretty clear a multi-crypto paradigm is in our...

They were products that needed to be turned into a business for long-term relevance. Facebook succeeded, MySpace didn't. I could say the same thing about comparing ethereum and Bitcoin that you are saying about comparing Facebook in MySpace btw. You're pretty much proving my point.

First market is a huge advantage typically. That's why those who aren't crypto-literate use "Bitcoin" as a synonym with "crypto", just like plenty of people still call any soda a "coke" or any copy from a copier a "Xerox." That said, in the tech world first to market doesn't mean nearly as much...

This has been asked before in this thread. I think the consensus was, you'll probably make decent money on an ethereum ETF but you'd be better off just buying ethereum for several reasons.

Doge never does what it's supposed to. Anytime there is a big planned day that is supposed to be good for Doge, there is a selloff instead. Count on it. It may keep going up for now, but if you hold beyond Thurs night at the latest, you're a fool in my book.

100%. I posted this a while back:

As Mike Green (and others) have mentioned, a BTC-rich agent (in this case China) who is immune to economic incentive could catastrophically disrupt a global financial system that is based on BTC. And they could do it with mind-blowing ease. Both BTC and ETH (and every other crypto) has...