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 Posted: Fri Jan 29th, 2021 03:46 am
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srossi
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So the joke coin Doge is up 700%. That’s not a typo. It’s almost at 7 cents and basically has rarely been a full penny at any point in its existence.  The same people responsible for GameStop are behind this.  I think I have some lying around from when I first started fooling around with altcoins. I need to find them in my wallet. If anyone put even a couple of hundred bucks in this, wow.

Last edited on Fri Jan 29th, 2021 03:50 am by srossi



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 Posted: Fri Jan 29th, 2021 04:53 am
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srossi
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Well it turns out I have a whopping 29 Doge (that's about $2) right now, but in looking through old accounts I discovered almost $5,000 worth of Ethereum that has been left untouched for 2 years. The best way to HODL is to forget you have it. This was a profitable night.



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 Posted: Fri Jan 29th, 2021 12:46 pm
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srossi
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Thank you Elon!

https://www.marketwatch.com/story/bitcoin-surges-as-elon-musk-changes-his-twitter-bio-to-bitcoin-11611920026



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 Posted: Tue Feb 2nd, 2021 03:34 pm
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krazykid18
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Srossi.....what do you think of Gemini Earn with the APY they are attaching with it

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 Posted: Tue Feb 2nd, 2021 03:39 pm
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srossi
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krazykid18 wrote: Srossi.....what do you think of Gemini Earn with the APY they are attaching with it
I just did it yesterday.  I kept reading and couldn't find the catch, but I knew there had to be one because in return for earning interest you're loaning your coins to someone. After I signed up, they finally tell you the catch is that you need to wait 5 business days to get your coins back.  So that makes quick trades impossible, but if you're just planning on holding then it's fine.  I'm OK with that for now since I just bought back in and I'm not planning on selling for a bit, but it makes me nervous to have my coins locked up for a week if it starts plummeting.  I start earning interest today though so we'll see how it goes.  No fees though to convert back and forth between an earning and a trading account, so that's good.   But the more I think about it, the more I think 3% isn't worth it for Bitcoin or ETH considering the massive losses you can sustain while waiting to get your coins back.  However, Litecoin at 5% might be worth dumping $5,000 into and not looking at it again for 2 years.  I might do that.

I'm also on the waiting list to get my crypto credit card.

Last edited on Tue Feb 2nd, 2021 03:53 pm by srossi



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 Posted: Tue Feb 2nd, 2021 04:04 pm
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Married Jo



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srossi wrote: So the joke coin Doge is up 700%. That’s not a typo. It’s almost at 7 cents and basically has rarely been a full penny at any point in its existence.  The same people responsible for GameStop are behind this.  I think I have some lying around from when I first started fooling around with altcoins. I need to find them in my wallet. If anyone put even a couple of hundred bucks in this, wow.I made a couple hundred bucks off Doge...sold it at 5 cent, was in at 2...I sold for a quick profit then it dropped back to the 3 cent range, if it gets back to .01 I'm gonna throw $100 at it and just not look at it for a while..



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 Posted: Wed Feb 3rd, 2021 11:47 pm
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krazykid18
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srossi wrote: krazykid18 wrote: Srossi.....what do you think of Gemini Earn with the APY they are attaching with it
I just did it yesterday.  I kept reading and couldn't find the catch, but I knew there had to be one because in return for earning interest you're loaning your coins to someone. After I signed up, they finally tell you the catch is that you need to wait 5 business days to get your coins back.  So that makes quick trades impossible, but if you're just planning on holding then it's fine.  I'm OK with that for now since I just bought back in and I'm not planning on selling for a bit, but it makes me nervous to have my coins locked up for a week if it starts plummeting.  I start earning interest today though so we'll see how it goes.  No fees though to convert back and forth between an earning and a trading account, so that's good.   But the more I think about it, the more I think 3% isn't worth it for Bitcoin or ETH considering the massive losses you can sustain while waiting to get your coins back.  However, Litecoin at 5% might be worth dumping $5,000 into and not looking at it again for 2 years.  I might do that.

I'm also on the waiting list to get my crypto credit card.

thanks for that info

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 Posted: Thu Feb 4th, 2021 05:23 pm
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Along those lines, check out Voyager app. They pay good interest with quick and free trades. They also have a coin VGX which I've done quite well with...bought at .15 and now at ~2.50. They are also publicly traded under VYGVF.

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 Posted: Mon Feb 8th, 2021 03:59 pm
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srossi
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Everything was down yesterday and people were lamenting the onset of the bear market. I wake up this morning and Bitcoin is almost at 44,000 and Ethereum is closing in on 1,800. When are people going to learn to buy the dips?



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 Posted: Tue Feb 9th, 2021 01:50 am
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srossi
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So Elon Musk invested $1.5 billion into Bitcoin. We’re hitting the mainstream.



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 Posted: Tue Feb 9th, 2021 04:21 pm
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srossi
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krazykid18 wrote: srossi wrote: krazykid18 wrote: Srossi.....what do you think of Gemini Earn with the APY they are attaching with it
I just did it yesterday.  I kept reading and couldn't find the catch, but I knew there had to be one because in return for earning interest you're loaning your coins to someone. After I signed up, they finally tell you the catch is that you need to wait 5 business days to get your coins back.  So that makes quick trades impossible, but if you're just planning on holding then it's fine.  I'm OK with that for now since I just bought back in and I'm not planning on selling for a bit, but it makes me nervous to have my coins locked up for a week if it starts plummeting.  I start earning interest today though so we'll see how it goes.  No fees though to convert back and forth between an earning and a trading account, so that's good.   But the more I think about it, the more I think 3% isn't worth it for Bitcoin or ETH considering the massive losses you can sustain while waiting to get your coins back.  However, Litecoin at 5% might be worth dumping $5,000 into and not looking at it again for 2 years.  I might do that.

I'm also on the waiting list to get my crypto credit card.

thanks for that info

So I did something stupid/smart.  I put $5,000 in Filecoin without knowing much about it (other than it's a decentralized data sharing platform) because it gives 8% interest.  Figured I'd hold for 2 years and not even look at it and just collect the interest and see if I have any capital gains after that period.  If it crashes it's a small part of my portfolio anyway and I still have the interest.  Well I bought in a week ago at 23 and now it's 38.  But it's in the interest-bearing account so I can't trade it.  Not sure if I should let it ride or transfer back to my trading account so I can sell.  Think I'm going to do the latter.  I want immediate control over my coins, the interest isn't worth not being able to trade whenever you want.  I already switched Bitcoin and Ethereum out of the interest accounts.  Generating interest is a great idea if you're really going to HODL for 5 years, but I don't have the stomach for that game.  I want to sell surges and buy dips.  I leave money on the table sometimes but I've never sold for a loss yet, so I'm way ahead. 

Last edited on Tue Feb 9th, 2021 04:36 pm by srossi



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 Posted: Wed Feb 10th, 2021 04:39 pm
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krazykid18
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srossi wrote: krazykid18 wrote: srossi wrote: krazykid18 wrote: Srossi.....what do you think of Gemini Earn with the APY they are attaching with it
I just did it yesterday.  I kept reading and couldn't find the catch, but I knew there had to be one because in return for earning interest you're loaning your coins to someone. After I signed up, they finally tell you the catch is that you need to wait 5 business days to get your coins back.  So that makes quick trades impossible, but if you're just planning on holding then it's fine.  I'm OK with that for now since I just bought back in and I'm not planning on selling for a bit, but it makes me nervous to have my coins locked up for a week if it starts plummeting.  I start earning interest today though so we'll see how it goes.  No fees though to convert back and forth between an earning and a trading account, so that's good.   But the more I think about it, the more I think 3% isn't worth it for Bitcoin or ETH considering the massive losses you can sustain while waiting to get your coins back.  However, Litecoin at 5% might be worth dumping $5,000 into and not looking at it again for 2 years.  I might do that.

I'm also on the waiting list to get my crypto credit card.

thanks for that info

So I did something stupid/smart.  I put $5,000 in Filecoin without knowing much about it (other than it's a decentralized data sharing platform) because it gives 8% interest.  Figured I'd hold for 2 years and not even look at it and just collect the interest and see if I have any capital gains after that period.  If it crashes it's a small part of my portfolio anyway and I still have the interest.  Well I bought in a week ago at 23 and now it's 38.  But it's in the interest-bearing account so I can't trade it.  Not sure if I should let it ride or transfer back to my trading account so I can sell.  Think I'm going to do the latter.  I want immediate control over my coins, the interest isn't worth not being able to trade whenever you want.  I already switched Bitcoin and Ethereum out of the interest accounts.  Generating interest is a great idea if you're really going to HODL for 5 years, but I don't have the stomach for that game.  I want to sell surges and buy dips.  I leave money on the table sometimes but I've never sold for a loss yet, so I'm way ahead. 

Ok but can u flip it  like i made good money on chainlink and it seems like i can take some coins and put it in to the APR account....
so can i buy 5k filecoin normally then flip 3k into the APR account and keep the 2k for trading 

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 Posted: Wed Feb 10th, 2021 10:39 pm
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srossi
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krazykid18 wrote: srossi wrote: krazykid18 wrote: srossi wrote: krazykid18 wrote: Srossi.....what do you think of Gemini Earn with the APY they are attaching with it
I just did it yesterday.  I kept reading and couldn't find the catch, but I knew there had to be one because in return for earning interest you're loaning your coins to someone. After I signed up, they finally tell you the catch is that you need to wait 5 business days to get your coins back.  So that makes quick trades impossible, but if you're just planning on holding then it's fine.  I'm OK with that for now since I just bought back in and I'm not planning on selling for a bit, but it makes me nervous to have my coins locked up for a week if it starts plummeting.  I start earning interest today though so we'll see how it goes.  No fees though to convert back and forth between an earning and a trading account, so that's good.   But the more I think about it, the more I think 3% isn't worth it for Bitcoin or ETH considering the massive losses you can sustain while waiting to get your coins back.  However, Litecoin at 5% might be worth dumping $5,000 into and not looking at it again for 2 years.  I might do that.

I'm also on the waiting list to get my crypto credit card.

thanks for that info

So I did something stupid/smart.  I put $5,000 in Filecoin without knowing much about it (other than it's a decentralized data sharing platform) because it gives 8% interest.  Figured I'd hold for 2 years and not even look at it and just collect the interest and see if I have any capital gains after that period.  If it crashes it's a small part of my portfolio anyway and I still have the interest.  Well I bought in a week ago at 23 and now it's 38.  But it's in the interest-bearing account so I can't trade it.  Not sure if I should let it ride or transfer back to my trading account so I can sell.  Think I'm going to do the latter.  I want immediate control over my coins, the interest isn't worth not being able to trade whenever you want.  I already switched Bitcoin and Ethereum out of the interest accounts.  Generating interest is a great idea if you're really going to HODL for 5 years, but I don't have the stomach for that game.  I want to sell surges and buy dips.  I leave money on the table sometimes but I've never sold for a loss yet, so I'm way ahead. 

Ok but can u flip it  like i made good money on chainlink and it seems like i can take some coins and put it in to the APR account....
so can i buy 5k filecoin normally then flip 3k into the APR account and keep the 2k for trading 

You can transfer from coin to coin in the Earn account?  I don’t see anyway to do it. How are you doing it?



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 Posted: Thu Feb 11th, 2021 04:01 pm
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krazykid18
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srossi wrote: krazykid18 wrote: srossi wrote: krazykid18 wrote: srossi wrote: krazykid18 wrote: Srossi.....what do you think of Gemini Earn with the APY they are attaching with it
I just did it yesterday.  I kept reading and couldn't find the catch, but I knew there had to be one because in return for earning interest you're loaning your coins to someone. After I signed up, they finally tell you the catch is that you need to wait 5 business days to get your coins back.  So that makes quick trades impossible, but if you're just planning on holding then it's fine.  I'm OK with that for now since I just bought back in and I'm not planning on selling for a bit, but it makes me nervous to have my coins locked up for a week if it starts plummeting.  I start earning interest today though so we'll see how it goes.  No fees though to convert back and forth between an earning and a trading account, so that's good.   But the more I think about it, the more I think 3% isn't worth it for Bitcoin or ETH considering the massive losses you can sustain while waiting to get your coins back.  However, Litecoin at 5% might be worth dumping $5,000 into and not looking at it again for 2 years.  I might do that.

I'm also on the waiting list to get my crypto credit card.

thanks for that info

So I did something stupid/smart.  I put $5,000 in Filecoin without knowing much about it (other than it's a decentralized data sharing platform) because it gives 8% interest.  Figured I'd hold for 2 years and not even look at it and just collect the interest and see if I have any capital gains after that period.  If it crashes it's a small part of my portfolio anyway and I still have the interest.  Well I bought in a week ago at 23 and now it's 38.  But it's in the interest-bearing account so I can't trade it.  Not sure if I should let it ride or transfer back to my trading account so I can sell.  Think I'm going to do the latter.  I want immediate control over my coins, the interest isn't worth not being able to trade whenever you want.  I already switched Bitcoin and Ethereum out of the interest accounts.  Generating interest is a great idea if you're really going to HODL for 5 years, but I don't have the stomach for that game.  I want to sell surges and buy dips.  I leave money on the table sometimes but I've never sold for a loss yet, so I'm way ahead. 

Ok but can u flip it  like i made good money on chainlink and it seems like i can take some coins and put it in to the APR account....
so can i buy 5k filecoin normally then flip 3k into the APR account and keep the 2k for trading 

You can transfer from coin to coin in the Earn account?  I don’t see anyway to do it. How are you doing it?

Oh i didn't do it yet more like asking a question....
but on the gemini app  like for an example: I own 200 Chainlink Coins, when i click on Chainlink on the Earn table i see Link 4.46 apy  the when i click on it , i can give a certain number of coins but i don't have to move all the coins over to Earn...
i never got past that point :)

Last edited on Thu Feb 11th, 2021 04:01 pm by krazykid18

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 Posted: Thu Feb 11th, 2021 04:54 pm
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srossi
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krazykid18 wrote: srossi wrote: krazykid18 wrote: srossi wrote: krazykid18 wrote: srossi wrote: krazykid18 wrote: Srossi.....what do you think of Gemini Earn with the APY they are attaching with it
I just did it yesterday.  I kept reading and couldn't find the catch, but I knew there had to be one because in return for earning interest you're loaning your coins to someone. After I signed up, they finally tell you the catch is that you need to wait 5 business days to get your coins back.  So that makes quick trades impossible, but if you're just planning on holding then it's fine.  I'm OK with that for now since I just bought back in and I'm not planning on selling for a bit, but it makes me nervous to have my coins locked up for a week if it starts plummeting.  I start earning interest today though so we'll see how it goes.  No fees though to convert back and forth between an earning and a trading account, so that's good.   But the more I think about it, the more I think 3% isn't worth it for Bitcoin or ETH considering the massive losses you can sustain while waiting to get your coins back.  However, Litecoin at 5% might be worth dumping $5,000 into and not looking at it again for 2 years.  I might do that.

I'm also on the waiting list to get my crypto credit card.

thanks for that info

So I did something stupid/smart.  I put $5,000 in Filecoin without knowing much about it (other than it's a decentralized data sharing platform) because it gives 8% interest.  Figured I'd hold for 2 years and not even look at it and just collect the interest and see if I have any capital gains after that period.  If it crashes it's a small part of my portfolio anyway and I still have the interest.  Well I bought in a week ago at 23 and now it's 38.  But it's in the interest-bearing account so I can't trade it.  Not sure if I should let it ride or transfer back to my trading account so I can sell.  Think I'm going to do the latter.  I want immediate control over my coins, the interest isn't worth not being able to trade whenever you want.  I already switched Bitcoin and Ethereum out of the interest accounts.  Generating interest is a great idea if you're really going to HODL for 5 years, but I don't have the stomach for that game.  I want to sell surges and buy dips.  I leave money on the table sometimes but I've never sold for a loss yet, so I'm way ahead. 

Ok but can u flip it  like i made good money on chainlink and it seems like i can take some coins and put it in to the APR account....
so can i buy 5k filecoin normally then flip 3k into the APR account and keep the 2k for trading 

You can transfer from coin to coin in the Earn account?  I don’t see anyway to do it. How are you doing it?

Oh i didn't do it yet more like asking a question....
but on the gemini app  like for an example: I own 200 Chainlink Coins, when i click on Chainlink on the Earn table i see Link 4.46 apy  the when i click on it , i can give a certain number of coins but i don't have to move all the coins over to Earn...
i never got past that point :)

I don't think you can do that but if you find a way to then let me know.  Once your coins are in Earn though, my understanding is that you've loaned them out and they're frozen to you until you ask to move back to your Trading account, and then that takes 5 days.



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