Crypto investing

Page 1 of 3 123 LastLast
Results 1 to 15 of 34
  1. #1
    Registered User
    big_rich's Avatar


    Join Date
    Aug 2016
    Posts
    4,355

    Thanks Thanks Given 
    14
    Thanks Thanks Received 
    1,366
    Thanked in
    877 Posts
    Rep Points
    2147483647

    Crypto investing

    Whos investing, how much have you made from crypto. I started in 2017 lost all my money just now getting back in. This time doing tons and tons of research.

    Sent from my SM-A102U using Tapatalk
    Blood sweat and years

  2. #2
    ASF MVP
    SUPER MOD
    Multislacking's Avatar


    Join Date
    Sep 2015
    Posts
    15,028

    Thanks Thanks Given 
    15,644
    Thanks Thanks Received 
    15,906
    Thanked in
    8,063 Posts
    Rep Points
    2147483647

    Good luck man...I've never touched it. I follow the news on it, but that's about it. Speaking of...

    JUST IN - US imposes sanctions on Russia-linked #Bitcoin addresses.

    JUST IN - Turkey bans the use of cryptocurrencies like #Bitcoin to purchase goods and services (Reuters)

  3. #3
    Registered User
    AMA rider's Avatar


    Join Date
    Sep 2012
    Location
    Motocross track
    Posts
    3,036

    Thanks Thanks Given 
    2,694
    Thanks Thanks Received 
    1,738
    Thanked in
    1,142 Posts
    Rep Points
    1493721457

    I love the idea, but just can't pull the trigger on it. Yesterday it had a flash crash. The government is gonna come after it for money laundering ( who could think black markets would us it to wash money ? Why, it would be like selling PEDs for crypto ? Haha ). I'm just into wealth retention in this storm. I hear alot of people comparing it to the dot.com, to wait for the bubble to crash, then jump on winners for cheap, so I'm sure I will end up with them.
    [SIGPIC][/SIGPIC]D-Bol does a body good ...

  4. #4
    Community Veteran
    ADMINISTRATOR
    heavyiron's Avatar


    Join Date
    Jun 2012
    Posts
    10,559

    Thanks Thanks Given 
    1,374
    Thanks Thanks Received 
    3,791
    Thanked in
    1,853 Posts
    Rep Points
    2147483647

    Put about 6K into it and its been a money maker. Its so volatile its simple to make money, just have to watch it several times per day.

    I cashed out my LTC at the peak just waiting for a good dip to put funds back in.

    All posts are for entertainment and may contain fiction. Consult a medical doctor before using any medications or supplements. Heavyiron does not advocate any illegal activity.
    Read the Rules Please

  5. #5
    Registered User
    MindlessWork's Avatar


    Join Date
    Mar 2017
    Posts
    10,734

    Thanks Thanks Given 
    9,878
    Thanks Thanks Received 
    2,806
    Thanked in
    2,258 Posts
    Rep Points
    2145765955

    Quote Originally Posted by heavyiron View Post
    Put about 6K into it and its been a money maker. Its so volatile its simple to make money, just have to watch it several times per day.

    I cashed out my LTC at the peak just waiting for a good dip to put funds back in.
    Just be careful the IRS doesn't ding you for it...
    Show me

  6. #6
    Registered User
    MidWest's Avatar


    Join Date
    Oct 2012
    Location
    Somewhere...
    Posts
    880

    Thanks Thanks Given 
    215
    Thanks Thanks Received 
    113
    Thanked in
    83 Posts
    Rep Points
    2147483647

    Crypto isn't going anywhere. Institutions are investing heavily to include large corps and banks. ETFs are starting to arise leveraging further mass adoption. Coinbase has public stock now as well.

    Flash crash over the weekend was largely due to a major power outage affecting a large mining operation in China that heavily affected Bitcoin mining, and the hashrate overall. This tidbit is support for the more decentralized platforms and proof of stake vs proof of work.

    Look at Cardano (ADA) in the top 10 which is a very strong proof of stake platform and still an early investment by any stretch. VeChain is also a great project to research which is tackling and addressing counterfeit products as well overall logistical improvements for companies who ship physical products.

    Sent from my SM-N950U using Tapatalk
    Nothing happens until something moves.
    ― Albert Einstein

  7. #7
    Registered User
    MindlessWork's Avatar


    Join Date
    Mar 2017
    Posts
    10,734

    Thanks Thanks Given 
    9,878
    Thanks Thanks Received 
    2,806
    Thanked in
    2,258 Posts
    Rep Points
    2145765955

    Quote Originally Posted by MidWest View Post
    Crypto isn't going anywhere. Institutions are investing heavily to include large corps and banks. ETFs are starting to arise leveraging further mass adoption. Coinbase has public stock now as well.

    Flash crash over the weekend was largely due to a major power outage affecting a large mining operation in China that heavily affected Bitcoin mining, and the hashrate overall. This tidbit is support for the more decentralized platforms and proof of stake vs proof of work.

    Look at Cardano (ADA) in the top 10 which is a very strong proof of stake platform and still an early investment by any stretch. VeChain is also a great project to research which is tackling and addressing counterfeit products as well overall logistical improvements for companies who ship physical products.

    Sent from my SM-N950U using Tapatalk
    Those danged Chinese...would been something else if the mining ops was done in another country rather than being at risk in China.
    Show me

  8. #8
    Registered User
    brianwiley38's Avatar


    Join Date
    Sep 2017
    Posts
    209

    Thanks Thanks Given 
    84
    Thanks Thanks Received 
    87
    Thanked in
    52 Posts
    Rep Points
    218836568

    There's to many cons ripping poeple off with crypto

    Sent from my SM-N950U using Tapatalk

  9. #9
    Registered User
    MidWest's Avatar


    Join Date
    Oct 2012
    Location
    Somewhere...
    Posts
    880

    Thanks Thanks Given 
    215
    Thanks Thanks Received 
    113
    Thanked in
    83 Posts
    Rep Points
    2147483647

    Quote Originally Posted by brianwiley38 View Post
    There's to many cons ripping poeple off with crypto

    Sent from my SM-N950U using Tapatalk
    Unlike fiat currency? I will take my own due diligence over the greatest con created of all time (federal reserve and fractional reserve banking system as a whole).

    Sent from my SM-N950U using Tapatalk
    Nothing happens until something moves.
    ― Albert Einstein

  10. #10
    Registered User
    brianwiley38's Avatar


    Join Date
    Sep 2017
    Posts
    209

    Thanks Thanks Given 
    84
    Thanks Thanks Received 
    87
    Thanked in
    52 Posts
    Rep Points
    218836568

    Quote Originally Posted by MidWest View Post
    Unlike fiat currency? I will take my own due diligence over the greatest con created of all time (federal reserve and fractional reserve banking system as a whole).

    Sent from my SM-N950U using Tapatalk
    Agreed, I have invested in silver $ stocks

    Sent from my SM-N950U using Tapatalk

  11. #11
    Board Rep
    BOARD REP
    GGG's Avatar


    Join Date
    Sep 2013
    Posts
    9,084

    Thanks Thanks Given 
    1,338
    Thanks Thanks Received 
    1,368
    Thanked in
    973 Posts
    Rep Points
    2147483647

    I have a few bucks invested in BTC , im in it long term.


    Also trying to learn stocks , it used to be a lil more stable , but seems like now stocks are as unstable as crypto.

    China is planning om having his own crypto currency , that will get interesting to say the least...

  12. #12
    Community Veteran
    ADMINISTRATOR
    heavyiron's Avatar


    Join Date
    Jun 2012
    Posts
    10,559

    Thanks Thanks Given 
    1,374
    Thanks Thanks Received 
    3,791
    Thanked in
    1,853 Posts
    Rep Points
    2147483647

    Quote Originally Posted by MindlessWork View Post
    Just be careful the IRS doesn't ding you for it...
    I pay taxes on all crypto proceeds. Coinbase sends info directly to the IRS as do many clearing houses.

    All posts are for entertainment and may contain fiction. Consult a medical doctor before using any medications or supplements. Heavyiron does not advocate any illegal activity.
    Read the Rules Please

  13. #13
    Registered User
    MindlessWork's Avatar


    Join Date
    Mar 2017
    Posts
    10,734

    Thanks Thanks Given 
    9,878
    Thanks Thanks Received 
    2,806
    Thanked in
    2,258 Posts
    Rep Points
    2145765955

    Quote Originally Posted by GGG View Post
    I have a few bucks invested in BTC , im in it long term.


    Also trying to learn stocks , it used to be a lil more stable , but seems like now stocks are as unstable as crypto.

    China is planning om having his own crypto currency , that will get interesting to say the least...
    Good observation and I see that the stock market also influences crypto to some extent as well.
    Show me

  14. #14
    Registered User
    HPM3TAL's Avatar


    Join Date
    Dec 2016
    Posts
    1,522

    Thanks Thanks Given 
    367
    Thanks Thanks Received 
    826
    Thanked in
    587 Posts
    Rep Points
    1408338587

    Quote Originally Posted by big_rich View Post
    Whos investing, how much have you made from crypto. I started in 2017 lost all my money just now getting back in. This time doing tons and tons of research.

    Sent from my SM-A102U using Tapatalk
    How did you lose all your money? Im assuming you sold after the crash.

    Sent from my LG-H871 using Tapatalk

  15. #15
    Registered User
    chicagosterone's Avatar


    Join Date
    Jun 2016
    Posts
    2,109

    Thanks Thanks Given 
    917
    Thanks Thanks Received 
    782
    Thanked in
    548 Posts
    Rep Points
    2147483647

    Xrp, dogecoin, safemoon...... Killin it.

    Sent from my SM-N986U1 using Tapatalk

Similar Threads

  1. crypto hello brothers
    By crypto in forum New Members
    Replies: 18
    Last Post: 06-21-2020, 12:28 PM
  2. Crypto
    By CompoundLifts31 in forum The Pit
    Replies: 6
    Last Post: 06-20-2020, 12:19 PM
  3. Investing in Silver or Gold?
    By heavyiron in forum The Pit
    Replies: 38
    Last Post: 11-28-2019, 11:44 PM
  4. Crypto Source
    By elit3keraed in forum Source Checking & Discussion
    Replies: 3
    Last Post: 05-28-2019, 02:15 PM
  5. Anyone use the Acorns investing App?
    By ant29 in forum The Pit
    Replies: 5
    Last Post: 04-21-2016, 07:46 AM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Copyright© 2012-2021 Anabolic Steroid Discussion Forums