DOGE fluff

[6FootFatty]

Guys, just be careful. The average Joe is only investing in crypto because of headlines or because they see it rising. How does that depict value of an asset?

One thing people should keep in mind in the world of gambling is, don't follow the public. Noticed how BTC isn't moving much? Because all the headlines are on ETH, DOGE, and XRP.

If you're going to "invest", be smart about it and don't take advice from WhatsApp or instagram or your pizza delivery driver.

 

[Logan44551]

Awesome! Good for him, I’m a little salty about avoiding it like the plague thinking it was a joke, but I’ve done okay on other alt coins and cryptos, lesson learned, fuck man these other coins are blowing the fuck up too.. Also if you do stocks, buy 10 shares of AMC @ market open tomorrow.

Didn't have much in my account, picked up a couple amc. Hey on that bit mark app can I transfer btc to safemon? If so, how? I'm having a hard time navigating the app

 

[Cashton]

Didn't have much in my account, picked up a couple amc. Hey on that bit mark app can I transfer btc to safemon? If so, how? I'm having a hard time navigating the app

Yeah bitmart, transfer Bitcoin to bitmart> trade Bitcoin for usdt and usdt for safemoon.. if you have any other coin though or an exchange to swap your Bitcoin for xlm or xrp I would totally do that instead, the fees are lower and instant transfer, opposed to waiting the hour it takes for Bitcoin transactions and the ridiculous btc fees, unless you use like your own wallet? Idk if there’s fees when you do that.

 

[Cashton]

Guys, just be careful. The average Joe is only investing in crypto because of headlines or because they see it rising. How does that depict value of an asset?

One thing people should keep in mind in the world of gambling is, don't follow the public. Noticed how BTC isn't moving much? Because all the headlines are on ETH, DOGE, and XRP.

If you're going to "invest", be smart about it and don't take advice from WhatsApp or instagram or your pizza delivery driver.

XRP is an actual investment with utility, once the lawsuit is over and trading resumes in the US it’s going to boom again, among its uses is a currency for large banks to make instant transfers without massive fees, pretty sure ETC chain has some pretty great utility uses as well...

 

[6FootFatty]

XRP is an actual investment with utility, once the lawsuit is over and trading resumes in the US it’s going to boom again, among its uses is a currency for large banks to make instant transfers without massive fees, pretty sure ETC chain has some pretty great utility uses as well...

Sorry, should've clarified.

I wasn't saying they have practical use.

I was saying the average Joe has no clue what an ETH or a XRP is, let alone DeFi. They are blind buying because everyone else is doing it. This is where people lose the most money after a major correction/crash.

Investing because you believe in the concept or application of say ETH, is a different scenario than if you're buying ETH because your cousin told you it's going to hit $5450 tomorrow.

 

[Cashton]

Sorry, should've clarified.

I wasn't saying they have practical use.

I was saying the average Joe has no clue what an ETH or a XRP is, let alone DeFi. They are blind buying because everyone else is doing it. This is where people lose the most money after a major correction/crash.

Investing because you believe in the concept or application of say ETH, is a different scenario than if you're buying ETH because your cousin told you it's going to hit $5450 tomorrow.

I’m theorizing that we’re about to face a huge stock market crash, and a lot of big money is going into crypto right now because of it.

 

[Aftermath9716]

I hope so lol when Janet Yellen said “It may be that interest rates will have to rise somewhat to make sure that our economy doesn’t overheat(inflation),” the stock market didn't like it BUT crypto mooned, we'll see.

 

[Cashton]

I hope so lol when Janet Yellen said “It may be that interest rates will have to rise somewhat to make sure that our economy doesn’t overheat(inflation),” the stock market didn't like it BUT crypto mooned, we'll see.

I hope it doesn’t, have a lot of money tied up in stocks that I don’t want to liquidate, nor wait years to recover..

 

[6FootFatty]

I honestly doubt we'll get any significant gains in crypto from here on out. It's becoming too mainstream day by the day with more than 90% of the people not understanding the technology. When your barber tells you to buy ETH, you know you have to sell. I just think we've peaked.

Hell, even Musk thinks crypto is overvalued right now.