Crypto Currencies ~ " Duck Tales Spin From The Crypt"

Been in Texas forever, this is my first year living in Utah now.

 

Not really. Sort of though. Same general idea but a Trailing Stop you set an amount (say 10%) below to sell and if the stock/coin goes up the "stop" goes up with it. So if you bought at $10 with a 10% stop. Right out of the get go it would sell at $9. But if a day later it shot up to $100, your stop would have followed along with it and would now be $90. Next day its at $95, your stop would still be at $90 cause it doesnt correct downwards only if the stock is going up.

Least thats how they were explained to me a long time ago. To be fair I never really looked into them or used them since its not offered to much in the cryto world and my stock investments are long term, set and forget kind of deal.

 

^^ That's what I thought it was. Basically allows for gains but then protects that positive growth as the price drops back down it'll hit the stop and execute

 

Added to front of OP, will be added to or changed in future if need be.

 

Yes. I got in with a large amount of USD @ $0.25. I'm in for the long haul. I expect $5-7 by the end of the year.

I'm with ya my man

 

Quite a few of us have, read through the thread

 

I gotta stop trading my alts, these feeeeeeees are eating me alive.

 

Warren Buffetts take on crypto.

https://www.msn.com/en-us/money/sav...ng-bitcoin-is-pure-fomo/ar-BBHmI7q?li=BBnbfcN

 

Where are you trading? I've heard coinbase has been brutal this week. As far as I can tell my fees are really small on binance....

 

LOL

Sounds like some journalist just learned about crypto, did a google search and found that FOMO is a big deal with crypto so he threw it in with some Buffet quotes.

 

Traded QASH -> ETH, ETH -> BNTY

Lost about 10% of value through it. But I think BNTY is at a good price point.

 

Damn. Mine have been pretty small, like .05% on Binance. As far as I can tell it's been no more than a few dollars.

 

I was thinking of moving over to binance because of that fee price. Poloniex is .15 or .25, bittrex is .25%. I'm also on cex.io but I hate the set up there and moving away from them for sure.

 

cexio isnt allowed in Texas. so i deactivated that account

 

Binance fees are 0.1%, or 0.05% if you hold enough of their proprietary coin BNB to cover the fee.

 

Bitcoin passed the resistance level. Hoping for a break out!

Edit: unsure if gdax and coinbase are giving valid read outs. The line chart on gdax looks funky

 

There is a toggle for that as well, you can have it use BNB for fees which is how you get 50% off

https://www.tradingview.com/

 

If i remember right the BNB 50% thing is only for the first year. For some reason that is popping into my head at least.

 

Interesting, BNB to USDT is up 40% today.

I was wondering how the fees worked. I have some money in a BS crypto so I just dumped the few bucks worth for fee money via BNB.

 

TLDR..

Just read most of it. Been trying to decide on what to do, and how much. Lots of info in this thread. I have the next three days to look further into it. Thanks to all that have contributed.