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Cryptos

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  • PopIcon
    PopIcon Posts: 5,970
    I have been checking this thread two or three times a week for about a year. Finally invested £300 this week, may top up next week. I'm not a gambler, but found it addictive. In all honesty I have no idea what I'm doing, so hedged my bets and went for a wide spread.

    Is there a way on Binance to compare what you paid to the current value? I'm up by about £50, but would be interested to see my losses/gains. 

    Additionally, how easy is it to withdraw? What is the fee? is there an exchange fee?

    Anyone I should follow on Twitter?

    BTC
    ADA
    ETH
    DODGE
    LTC
    ZIL
    XLM
    DOT
    XRP
  • cabbles
    cabbles Posts: 15,254
    PopIcon said:
    I have been checking this thread two or three times a week for about a year. Finally invested £300 this week, may top up next week. I'm not a gambler, but found it addictive. In all honesty I have no idea what I'm doing, so hedged my bets and went for a wide spread.

    Is there a way on Binance to compare what you paid to the current value? I'm up by about £50, but would be interested to see my losses/gains. 

    Additionally, how easy is it to withdraw? What is the fee? is there an exchange fee?

    Anyone I should follow on Twitter?

    BTC
    ADA
    ETH
    DODGE
    LTC
    ZIL
    XLM
    DOT
    XRP
    Kent posted some people to follow on Twitter a few pages back, I took his advice 

    Altcoinpsycho
    MacroCRG
    Koroush AK

    there are others as well, they’re the ones I can remember off the top of my head 
  • cafcpolo
    cafcpolo Posts: 3,811
    Just dumped a load of presale xcad for $9k profit in about 30 seconds! Wait for the dump to finish and get back in  :D
  • kentaddick
    kentaddick Posts: 18,729
    cafcpolo said:
    Just dumped a load of presale xcad for $9k profit in about 30 seconds! Wait for the dump to finish and get back in  :D
    Seen this a bit on twitter, seems to be a massively hyped token.
  • cafcpolo
    cafcpolo Posts: 3,811
    kentaddick said:
    cafcpolo said:
    Just dumped a load of presale xcad for $9k profit in about 30 seconds! Wait for the dump to finish and get back in  :D
    Seen this a bit on twitter, seems to be a massively hyped token.
    Yeah, massively hyped. People are getting burned so hard. Why do people buy in straight away!?!
  • shine166
    shine166 Posts: 13,914
    cafcpolo said:
    Just dumped a load of presale xcad for $9k profit in about 30 seconds! Wait for the dump to finish and get back in  :D
    I'm doing a charity 10k in August of you're feeling flush 😂. Money goes to a local hospice, im a unfit abuser of banned substances for over 20 years if my back story helps lol 😆 
  • cafcpolo
    cafcpolo Posts: 3,811
    Gone from about $10 to $2.30 in 20mins!
  • No.1 in South London
    No.1 in South London Posts: 3,960
    No.1 in South London said:
    Is there a liquidity crisis in the Sates???
    The Fed are buying back Corporate & US Treasury bonds in line with QE to reduce the printing of money which could result in a major sell-off of Crypto and Equities being just around the corner.
     This will continue as they need to stave off inflation. Reverse Repo Purchases hit $351Billion yesterday and has been rising steeply over the past couple of weeks and easing the money supply will result in liquidity drying up; Banks and in turn hedge funds have no doubt been over leveraging themselves. The next couple of weeks should be "interesting" as those same banks and hedge funds may be forced to sell off their assets to remain liquid.
    Reverse Repo Purchases hit $485B in the states today....... something is about to give....... when it pops there will be a rush to liquidate assets...... I thinks a sell-off for Equities is just around the corner and Crypto will likely be sold off as well if enough institutions lack liquidity.
  • ChiAddick
    ChiAddick Posts: 1,781
    Where do you guys stake? Yoroi? 
  • PopIcon
    PopIcon Posts: 5,970
    No.1 in South London said:
    No.1 in South London said:
    Is there a liquidity crisis in the Sates???
    The Fed are buying back Corporate & US Treasury bonds in line with QE to reduce the printing of money which could result in a major sell-off of Crypto and Equities being just around the corner.
     This will continue as they need to stave off inflation. Reverse Repo Purchases hit $351Billion yesterday and has been rising steeply over the past couple of weeks and easing the money supply will result in liquidity drying up; Banks and in turn hedge funds have no doubt been over leveraging themselves. The next couple of weeks should be "interesting" as those same banks and hedge funds may be forced to sell off their assets to remain liquid.
    Reverse Repo Purchases hit $485B in the states today....... something is about to give....... when it pops there will be a rush to liquidate assets...... I thinks a sell-off for Equities is just around the corner and Crypto will likely be sold off as well if enough institutions lack liquidity.
    Sounds bad.
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  • No.1 in South London
    No.1 in South London Posts: 3,960
    PopIcon said:
    No.1 in South London said:
    No.1 in South London said:
    Is there a liquidity crisis in the Sates???
    The Fed are buying back Corporate & US Treasury bonds in line with QE to reduce the printing of money which could result in a major sell-off of Crypto and Equities being just around the corner.
     This will continue as they need to stave off inflation. Reverse Repo Purchases hit $351Billion yesterday and has been rising steeply over the past couple of weeks and easing the money supply will result in liquidity drying up; Banks and in turn hedge funds have no doubt been over leveraging themselves. The next couple of weeks should be "interesting" as those same banks and hedge funds may be forced to sell off their assets to remain liquid.
    Reverse Repo Purchases hit $485B in the states today....... something is about to give....... when it pops there will be a rush to liquidate assets...... I thinks a sell-off for Equities is just around the corner and Crypto will likely be sold off as well if enough institutions lack liquidity.
    Sounds bad.
    It will be if liquidity dries up. Institutions (and are in every increasing amounts) exchange their excess cash for US T-Bills using RRP and in turn use them as high grade collateral, which in turn allows them to leverage up. So when the music stops...........................
  • cabbles
    cabbles Posts: 15,254
    These options expire at 9am if I am not mistaken 
  • reserves
    reserves Posts: 795
    Can someone wake me up when it’s time to get back in. 
  • CAFCsayer
    CAFCsayer Posts: 10,223
    edited May 2021
    Bitcoin charts looks horrendous... 34500 incoming and needs to hold
  • dajavouslagan
    dajavouslagan Posts: 723
    And down we go again! 
  • PopIcon
    PopIcon Posts: 5,970
    I'm still in £9 profit. 
  • Rothko
    Rothko Posts: 18,801
    Got in on chainlink again in the last dip, eyeing up my next dip purchase now
  • kentaddick
    kentaddick Posts: 18,729
    Looks like a bearish market to me 
  • Spitfire76
    Spitfire76 Posts: 1,136
    Sandwell Bitcoin mine found stealing electricity https://www.bbc.co.uk/news/uk-england-birmingham-57280115
  • kentaddick
    kentaddick Posts: 18,729
    Spitfire76 said:
    Sandwell Bitcoin mine found stealing electricity https://www.bbc.co.uk/news/uk-england-birmingham-57280115
    no doubt the perpetrators could easily pay that back - and any fine coming their way. 
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  • cabbles
    cabbles Posts: 15,254
    I’m watching twister.  Got to the bit with the calm before the storm.  How apt 
  • CAFCsayer
    CAFCsayer Posts: 10,223
    CAFCsayer said:
    Bitcoin charts looks horrendous... 34500 incoming and needs to hold
    There she is... make or break from here
  • PopIcon
    PopIcon Posts: 5,970
    CAFCsayer said:
    CAFCsayer said:
    Bitcoin charts looks horrendous... 34500 incoming and needs to hold
    There she is... make or break from here
    She?
  • cafcpolo
    cafcpolo Posts: 3,811
    Pretty much all of my stop losses have been hit today.

    Bloody hard to gauge where the market is going to go in the next 3-4 weeks.
  • cabbles
    cabbles Posts: 15,254
    cafcpolo said:
    Pretty much all of my stop losses have been hit today.

    Bloody hard to gauge where the market is going to go in the next 3-4 weeks.
    Down for the time being I imagine.  Not sure how long the bear market will continue for, so I expect to see more loss on my spots and perhaps it will stay that for the rest of this year.  
  • Rob7Lee
    Rob7Lee Posts: 9,593
    I've £20 left in BTC which I'll leave, too hard to gauge at the moment what's going to happen short term to dip in again.
  • cabbles
    cabbles Posts: 15,254
    I thought that the market would drop further y’day.  
  • kentaddick
    kentaddick Posts: 18,729
    Think the chart for the next week looks pretty decent, a nice green week plz 
  • cabbles
    cabbles Posts: 15,254
    kentaddick said:
    Think the chart for the next week looks pretty decent, a nice green week plz 
    Would be nice.  So hard to call it at the moment.  I don’t understand how to read the charts yet, so I’m only going on what I read on Twitter etc
  • cabbles
    cabbles Posts: 15,254
    Being shorted this morning I think 

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