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: 58
Latest Activity: Jan 8

Discussion Forum

Upfront commission fees

Started by Steven Kowalski. Last reply by John Jamison Dec 8, 2021. 1 Reply

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, 2021. 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, 2021. 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 Simmy Ahluwalia on August 31, 2021 at 1:32pm

I agree!!  Can Monty or someone else who is well versed schedule a Crypto 101 Zoom class?  

Comment by Admin on August 31, 2021 at 10:46am

Hi Glenn.

Most people just throw money at new Cryptocurrencies and hope for the best. That is not at all what I do. I like money and do not want to throw it away on a hope and a prayer. It takes me 5 minutes to research a new Crypto to decide if I want to invest. I will not go into too much detail here in this space but if you consider that Bitcoin has a market cap of $880 or so Billion, and the only Crypto that will ever potentially exceed Bitcoin in market share is Ethereum, than throwing those two aside, consider Market Cap Rate. If Dogecoin is at $54 Billion right now and is literally flooding the world with thousands of new coins every day and trading at $.28 per token, Dogecoin will NEVER make another person rich again. I got in early, made several thousand dollars, and got out, all within a couple months because I did the research and knew it could only go up so much before it crashed. The same applies to all Crypto. Consider Market Cap Rate, amount of total coins produced, where it trades today, it's actual function to help society, and it's specific genre (who it is designed to help). Does it have a real life application that could help others like The Sandbox, Safemoon, Litecoin, or Pornrocket ("help" is a relative word here hahaha)

If you want to be "safe" then I like Ethereum and Litecoin as long term investments. They aren't going anywhere and year over year they go up. No research needed on those two. For the newer, smaller ones, There are a dozen or so that show significant long term investment potential. With Crypto, high earning potential is much higher, but so is the potential loss.

I will start a Crypto website soon which will show how to properly research. For now, this is all I can do as I am not a Financial Advisor. I am simply a guy that likes money and tries to make smart common sense decisions. Below are my "thoughts" on some Crypto's that look good to me. I have money in ALL of these and many others:

Ethereum - The King of Crypto and second largest in market share

Litecoin - Real world functionality, great speed, very useful

Safemoon - Good long term potential

Cardano

EverRise

Pornrocket

Loopring

Hope this helps at least a little.

* I am not a licensed Financial Advisor!

Comment by Glenn Pearson on August 31, 2021 at 10:17am

I'd love to learn more about Crypto.  Being a more traditional Investor (Equities, Bonds, Preferred Shares Real Estate), I really haven't a clue how to evaluate them to make informed investment decisions.  Is there some sort of a starter manual that's of any use this group can suggest I start with.

Most people I've spoken to who invest in this space are throwing darts and hoping to get lucky and that's just not how I do things.

Any feedback would be appreciated.  Thanks

Comment by Admin on August 30, 2021 at 1:01pm

Louis, yes I own some CELO. Not a lot of it but it was up over 60% today the last time I looked. Crypto is really very easy to profit from. You just need to research carefully before making your purchase. Research, common sense, and being realistic are the ways to make money with a Crypto investment.

Comment by Louis Rosenberg on August 30, 2021 at 12:50pm

I checked out Sandbox when I saw this. Up about 4% today. You seem to pick winners very well. I am probably going to go in on more Litecoin this week. Hoping for a dip below $165 or so. Also considering EverRise which I know you have mentioned before. I have done some reading on it and the upside is very strong. Throw in a couple hundred bucks and just hold it for 5 to 7 years and see what happens. EverRise feels like it could go pretty big.I saw that CELO went way up the last 2 days. Wondering if you hold any of that???

Comment by Admin on August 30, 2021 at 9:20am

Bought some Sandbox yesterday. Plan on buying more Safemoon once the new wallet is properly released. Excited for the future of Crypto.

Comment by Admin on August 24, 2021 at 4:39pm

Lisa lets talk off the main thread hahaha

Comment by Lisa Verholtz on August 24, 2021 at 3:01pm

Monty,

I already run this website for you and still manage to close over $8 Million in loans per month. I am sure I can find an extra hour or two a week to run a new Cryptocurrency site for you as well. Happy to help if you need it!

Comment by Admin on August 24, 2021 at 2:58pm

Jamie Cafaro,

Thank you for your thoughts the other day. I really do want to create a similar Crypto site but there are a couple of drawbacks for me:

1. I do not have the time or patience to spend all day teaching other's how to properly invest in Cryptocurrency.

2. Many real estate investors will not be interested enough to join such a site.

3. The Real Estate Finance Website is very profitable. A Crypto site would be much harder for me to make money on. 

If I were to create such a site, I would need one of you to be my Admin and run the site for me. As much as I love this topic and have done alright investing in Crypto, I have a 50 hour a week job so I would not have the time to respond or make constant updates, which are needed for the success of a funding or investment website.

Great idea Jamie, but just not enough hours in the day at this time. If you would like to create such a site, or have me create it for you, we can work out a split and I will advise you on how to make the site work. 

Comment by Admin on August 24, 2021 at 2:50pm

Louis I just saw this post you made so I looked at Safemoon and it is literally down 3.08% today. You are spot on sir!

 

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