CRYPTOCURRENCY!

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CRYPTOCURRENCY!

Hi Friends!

I am very involved in Cryptocurrency as an investment. I realize this is not a Crypto website but I own this website and I think there are many people on here like myself that invest in Crypto. Let's talk about it! Share your expertise, recommendations, and ask questions. 

Let's help each other make money with Crypto!

Members: 49
Latest Activity: 10 hours ago

Discussion Forum

Upfront commission fees

Started by Steven Kowalski Jul 7. 0 Replies

I have started a BTC trade from an online broker. Unbeknownst to me, and my fault for not vetting them, they will not allow you to withdrawal my earnings unless I pay their 20% commission before I…Continue

Investment in cryptocurrency

Started by Morgan Davidson Jun 18. 0 Replies

there are many more way one can also invest and get back profit through a more well experience expertContinue

crypto

Started by Carlos Cortez Jun 16. 0 Replies

so how are we going to help each other investing in crypto.? i know by investing but more details are needed, you guys agree?Continue

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Comment by Valarie Beardsley Beadle on June 17, 2021 at 2:03pm

If you're investing in Crypto for the long haul - do your research - many of the coins coming out are pump and dumps that will not last long (or frankly are scams) - they do not have a purpose - read the white papers on each crypto:  Who's behind it?  What's its purpose?  Is there a well-developed road map for the future?

Do NOT invest more than you are willing to lose - do NOT borrow to invest, do NOT use credit cards to invest on a "sure deal" - Crypto is too volatile - during this last crash there were folks literally crying online that they had lost everything, were at risk for divorce for what they had invested,  Do NOT depend on celebrity endorsements (though Mark Cuban has done some great research into crypto and written a great article on its potential),.

Diversify - spread your (well-researched) choices through Stable, Alt and your speculative ("to the moon") coins - Slowly build your portfolio and you'll find that you do well when the market zooms and you don't lose as much when it tanks.

No "Whack a Mole" - frenetically buying the latest and greatest coin, then selling at the first sign of a correction (loss), then on to the next, then back to the former, and so on.... it only causes stress and frustration and loss - HODL for the long term, carefully liquidate when the time comes (10% or so at a time) 

Avoid Scammers - send your coin, double your coin - in any language, coming from any "trusted source" - it's a scam, it's a scam, it's a scam

Learn how to properly use wallets - keep a binder of your private and keywords and phrases, logins, passwords, websites, apps - clear enough to allow someone having to take over in event of an emergency, the ability to act on your behalf, when you can't (an accident, illness, death)  Set up your estate planning to have someone experienced in crypto investments to take over when the time comes and go over your strategies and procedures with them.

I could go on but that's probably enough for this post.

Comment by Admin on June 17, 2021 at 11:41am

Response to Patriotic Investor... I will not tell anyone specifically what to buy here but I will say that earlier this morning I made my second Baby Doge purchase. This one for a more substantial amount. I am not telling you to buy it for yourself unless you want, but I will say that I am pretty high on that one. I will also say that Safemoon is creating it's own wallet which should be out in the near future. They say they will use that wallet to allow trading of other currencies on there as well. If that becomes a reality then Safemoon has a great chance at very big gains later this year.

Comment by Carlos Gomez on June 17, 2021 at 11:22am

Here's a few tips all..

Coinbase is one of the most expensive exchanges out there, so use Blockchain.com or Binance. 
If you want to trade, use blockchain exchange (for beginners) to get the safest cryptos. 

As for exchange, there are many companies that take days or even weeks to get your money after investing, make sure you use a reputable company to exchange or even buy large amounts. 

Lastly, don't forget that some states charge you fees for BTC gains, so if you're trying to skip those, contact us and we'll exchange it for you (for a fee of course) without the taxes and hassle.

Comment by Patriotic Investor on June 17, 2021 at 11:02am

Hello All. This is a great idea for a group! I am new to this type of investment so I am not pretending too know everything at all but based on advice from my brother in law, who has made great money in this type of investing, I now own the following (it's not much):

BTC .072    LTC 2.96    MATIC 138.51

I have been doing research the last few days and plan on purchasing Baby Doge Coin today. It is already up 26% today after going up over 40% yesterday. It looks like this is about to be the next big investment opportunity. I notice that Admin of this website has mentioned it's growth in his post to this group as well. My plan is to purchase a few hundred dollars worth of Baby Doge Coin which should give me billions of Baby Doge Coins. If I just hold onto it for a few years, I feel this could be the next big one. I was already thinking that but knowing Admin has already done so makes me feel strongly about this decision.

Please post here if you are doing the same, or if you have thoughts on this particular new Crypto.

Thanks all. Great group idea to help us all prosper!

Comment by Allen Kearns on June 16, 2021 at 2:18pm

Interested in learning. I have zero cryptocurrency at this time but I plan on starting as soon as I gain enough knowledge to feel comfortable. Admin and Streetman, please post anything you feel we need to know. I am excited to learn!

Comment by steve streetman on June 16, 2021 at 1:37pm

There are lots of ways to invest in cryptocurrency besides buying it and hoping it goes up. I recently published a book called "Cryptocurrency and Real Estate: how to profit as Bitcoin and Blockchain revolutionize real estate investing". It's available on Amazon as an ebook or paperback (just search for my name - steve streetman). I think the synergies between real estate and cryptocurrency are compelling.

Comment by Admin on June 16, 2021 at 12:47pm

Hi Carlos.

I created this group to generate more Crypto buzz and to give advice to those that are not yet experienced in the huge potential earnings opportunities that can be realized by investing in Crypto. I have had some pretty solid success thus far and continue to research new Crypto opportunities daily. Unfortunately because I own this website I cannot specifically say BUY THIS ONE. What I can and will do is tell others where to go and what to look for which I started to do in my last post and will continue to do occasionally.

I can say that I recently sold a good chunk of DOGE and made about a 1800% return on my original investment as I first bought it at .$03. Also made about a 1200% return on Bitcoin a while ago. If the people reading this post want similar returns, this group right here would be a great place to start.

Comment by Carlos Cortez on June 16, 2021 at 11:01am

how can we help each other?

Comment by Admin on June 16, 2021 at 9:53am

OK just real quick... . I wanted to weigh in on the Crypto topic. Like it or not, believe in it or not, Crypto currency is here to stay. It is a risky investment as most of the newer, smaller Crypto will fail, just like many start-ups. On the plus side, the new ones have a much higher upside. I know a fella that bought 150 Bitcoin 9 or 10 years ago. I believe he paid about $3000. He has not sold his Bitcoin and it is now worth nearly $6 Million. This is real. 

Personally, I have several types of Crypto and have made some good money but not like he has. I am not going to tell you what to buy because I don't want to get a lawsuit but I will say that one of the newly released Cryptos that was introduced last Thursday is going to be huge 5 years from now and you can get in for about .0000001 of a penny per coin. 

If you invest in Bitcoin or Eth or LTC then you have a better chance of making returns than if you go with a start-up. You also have NO SHOT at making millions of dollars unless you spend millions of dollars because the MARKET CAP on these more well know and established coins is huge. Bitcoin, for example, is around $700 Billion. Etherium is $281 Billion. Will they go up? Probably, over time, but they are not going to multiply by hundreds or thousands of times because they are already too big. On the other hand... something like Baby Doge coin for example was a recent release and is trading for way below a penny. So is Shibu Inu. They are on their way to being traded on more Crypto Exchange websites and have a higher upside potential. I am NOT telling you to choose these two but I will say that I have literally almost 600 BILLION of Baby Doge and 55 MILLION of Shibu Inu. If Baby Doge were to hit one penny per coin, I would have $6 BILLION if I sold out. That is how Crypto works. The new ones that actually offer a valuable service or an improvement over the current coins will have the largest upside potential.

I will explain more later but last time I checked an hour ago, Baby Doge was up 32% today. Just saying....

Best of luck to you!

Comment by Karen Williams on June 15, 2021 at 4:38pm
I purchased 600 Dogecoin on Webull at 38cents. I hope it goes at high as Bitcoin. I also on some Bitcoin on coinbase. I want to learn how to copy trade. Can't get the buy and sell down pack. I would love to learn day trading get in and get out
 

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