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General Discussion => Off Topic => Topic started by: jladdsmith on May 05, 2021, 09:54:22 PM

Title: Crypto- (Bitcoin, Ethereum or even Doge)
Post by: jladdsmith on May 05, 2021, 09:54:22 PM
Anyone here into this? 

I started trading crypto early this year and whoo-buddy have I made some mistakes- great big mistakes!   Even so, my portfolio is 7.5x initial buy-in, and I believe in the future of this concept. 
No crap.  No BS.  If I had listened to my gut last night and moved my Doge when it touched on .69 over to my Ethereum Classic, and bought my Doge back this mid-morning, I would have made quite a lot of money.  I don't want to say how much because it makes me a little more than sick to think about.  I only started with $150.   

The scariest thing for me, looking back, is how I made great decisions executed absolutely moronic.  I do everything on a laptop with a very sensitive trackpad.  It would be funny to watch me make bad trades- but it is absolutely freaking not.  Absolutely not funny to see a good deal to go so far South in just a few frickin seconds because your palm hovered and your trigger finger was so scared that it made a little flick and executed that trade- a trade that's non take backable!  There are no "My bad's" in this game.  As simple as it sounds, those little hovering mistakes cost real money.  My palm gave the buy order and my finger gave the confirmation. 

So...It'd be simple enough to remedy that with a dedicated machine on a desk somewhere with a wired mouse.  It's that sensitive- you can't continue to eff it up, so I'm gonna do that tomorrow. 

Anyway, long story shorter, I wish like everything I had listened instead of arguing with the Ph.Dx2 I dated 8 years ago who couldn't even afford her parking spot in Boston.  My argument was that it's not backed by any securities, no governments, it's some kind of World Currency, any other kind of bullshit that I was certain that I was right and she was wrong.  That argument was over Bitcoin.

Had I just listened to her... Go back and look at what Bitcoin was trading for 8 years ago today. 

Doge is no Bitcoin.  It will never be traded at $60,000/coin.  We can hope it will go to $5 someday. 

But...Doge has now skyrocketed from a Meme(y) bs crypto to something that is legitimately valuable.  I'm talking about legitimately valuable to the point that it's taken over XRP and just behind Ethereum.  That is crazy to me to think about. 

There's a whole big bunch of more stuff coming- lol whole big bunch of more stuff- but yeah.  There's a whole big bunch of more stuff coming very soon that'll make you wish you might have at least considered this message. 

Hint:  look at the man's spotify.   Look at the first letter bottom up.  This is how this dude dangles thoughts.  The third is his intentions to launch a certain type of satellite that will combine Starlink and Doge to facilitate his ideal of "the people's currency", whether you're in Namibia or Nashville. 












Title: Re: Crypto- (Bitcoin, Ethereum or even Doge)
Post by: MikeA on May 06, 2021, 02:26:31 PM
Some of us bought at 4cents.  ;)
Title: Re: Crypto- (Bitcoin, Ethereum or even Doge)
Post by: Bfish on May 06, 2021, 09:30:21 PM
I understand tangible things....
I don't understand currency or futures or short sells or REITs, so I don't invest in those in any meaningful amounts.
Title: Re: Crypto- (Bitcoin, Ethereum or even Doge)
Post by: jladdsmith on May 08, 2021, 06:19:46 PM
Some of us bought at 4cents.  ;)

Yeah, I only went through Robinhood and tried to get in at around 1.5 cents. That was exactly the moment that RH paused all new accounts and it took 6 freaking days for them to approve my account.  So by the time my account was approved, I got in the initial $150 at 3.5 cents and then a whole lot more at 6.8.  I've been sorta reverse scalping and have even bought more with straight cash at .58.  My basic strategy is not to worry about the dollar figure but to just start stacking up doge with an eye toward at some point be able to have enough base doge to take profits from say 50% of the gains, while continuing to stack up coin- that's not exactly worked out well for me to this point, but from everything I've learned on these discord and youtube live sessions, most everybody has made a series of bad decisions before their discipline sorta kicks in. 

My main mistakes have been in dealing with RH, not necessarily my strategy.  Example- RH freaking crashed during a gigantic drop.  When it came back online I accidentally hit the wrong button in a panic.  Then it went out again.  Well, that compounded when it came back online and would only let me do a limit buy instead of market buy, the whole time doge was tanking and I am that dude who actually executed on that giant drop to .14.   BACKWARDS.  So then had to buy my position back at a big loss- to the tune of about a nice Gheenoe down, lol. 

Those big dumb moments have led to basically fear in trading- I've honestly got the yips and playing with scared money.  Last night when it hit .75 I knew with everything in me to sell a good chunk as it always dips after new highs, and then to buy the dip, but I don't have the balls to take action in anticipation of the lead up to tonight's SNL.  Thinking, it can only go up tomorrow, right?  Checked it about 8:30 this morning feeling great at .73 and now .63- So Down another potential Gheenoe. 

I am terrible at this!  But, still at 7x money, so I'm staying in.  Elon posted that pic with the Shiba wearing a Kraken necklace.  No idea what that's all about.  I still believe that with this satellite exchange thing he's eluded to, along with Gemini, Coinbase (likely) and eBay and hopefully Amazon, it just has to keep going up and I have a written plan on two whiteboards waiting on whatever the dude farts out tonight on SNL. 

Anyone who might be interested, check into TameTheArk's youtube live feed.  They have really got this set up right for tonight with moderators for their discord, the gal from LA is fantastic at keeping the discussion on course in the clutch.  Adam and Rick and even Piskit are worth listening to.  It's gonna be a party either way. 







Title: Re: Crypto- (Bitcoin, Ethereum or even Doge)
Post by: jladdsmith on May 08, 2021, 06:27:47 PM
So, people are tracking Bezos' and Musk's jets.  Welp it looks like they are both gonna be on SNL tonight.  This is enormous, if true. 
Title: Re: Crypto- (Bitcoin, Ethereum or even Doge)
Post by: jladdsmith on May 08, 2021, 10:42:44 PM
this is straight brutal
Title: Re: Crypto- (Bitcoin, Ethereum or even Doge)
Post by: jladdsmith on May 08, 2021, 10:45:40 PM
Sorry about the play by play, but yep.  That was Diamond Hands.  Code for Hold up, boys!
Title: Re: Crypto- (Bitcoin, Ethereum or even Doge)
Post by: jladdsmith on May 08, 2021, 10:55:43 PM
soooo many Gheenoes.  Really only probably two, but I'd rather have not had that happen.  Three now.  Really don't like this.  But hey, nah, can't fake it. I really don't like this. Oh God more Miley.  Nasty person.
Title: Re: Crypto- (Bitcoin, Ethereum or even Doge)
Post by: jladdsmith on May 08, 2021, 11:17:12 PM
 :-\ Is this one the one for I'm throwing up? 
Title: Re: Crypto- (Bitcoin, Ethereum or even Doge)
Post by: jladdsmith on May 09, 2021, 12:19:59 AM
In the words of Woodrow F. Call-

The best thing you can do with death is ride off from it. 

But I'm a hodler.  Not by choice.  I got dawdling service by a surly bartender named Robinhood and if I could pistolwhip that young man right now I would. 

The markets are the markets- that's understandable we came to the table.  We did not expect the dealer to have multiple seizures only when the time was right for the house. 

Anyone who has any money brokered by Robinhood- get the *** out right now.  It's the last time for me, and this one hurt.  The entire platform froze at every single move- for ten minutes at a time. 

Oh lookie, I can see my portfolio now.  None of my limit sells or buys were executed.  It's just as if they...parked my money somewhere. 

I'm not mad at the market.  I do have a problem with Robinhood, and that's also probably my fault for trusting these crooks when I already knew that I had to move platforms.  Was just scared to before this weekend, not knowing whether it would take 6 days to transfer in and out. 

Shame on Robinhood.   


Title: Re: Crypto- (Bitcoin, Ethereum or even Doge)
Post by: jladdsmith on May 09, 2021, 12:57:03 AM
FWIW, I still believe in Doge, and I'm gonna hold. 

I'm just so pissed that I wasn't able to execute probably 3x my money on the drop and subsequent gains.  That move was mostly influenced by retail investors (of which I am one), who thought they were gonna make a quick buck (of which I am not)! 

In this whole bullshit game, Elon gave Diamond Hands at the start of the show, like I'm some kind of gangster to recognize, but he clearly did at the first big outtro. That basically means hold what you've got- I've got big things coming. 

Just checked and I'm still 4x up, but damn- the differential that I was basically robbed of, is real money- and not a little. 

Title: Re: Crypto- (Bitcoin, Ethereum or even Doge)
Post by: icthus on May 12, 2021, 11:15:38 AM
LAP, you starting a Krypto blog on this site. 


I would like to learn more about that for real.
Pal


Title: Re: Crypto- (Bitcoin, Ethereum or even Doge)
Post by: MikeA on May 17, 2021, 08:49:10 AM
LAP, you starting a Krypto blog on this site. 


I would like to learn more about that for real.
Pal
Bitcoin is king. And it sank to 42K last night. Would have been a prime time to get to know it.
Title: Re: Crypto- (Bitcoin, Ethereum or even Doge)
Post by: jladdsmith on May 17, 2021, 03:47:04 PM
I don't really follow Bitcoin as it's just gone so high that the returns aren't as great as these other coins like Doge.  Wish like all hell that I'd have gotten in on this Shiba thing too,  but it's so complicated to even just get started- you have to get some kinda wallet, buy some other coin, convert it to something else, swap it over to some other platform, but it sure would have been worth the effort to have gotten in on a couple of weeks ago. 

Big things are coming to Doge as well.  In 6-8 weeks, Doge will be listed on Coinbase and that's supposed to cause a major jump and in volatility there's always a lot of money to be made in the swings.  Musk has recently announced the Doge 1 Mission to literally put Doge on the Moon 1st quarter of next year and has also purportedly partnered up with the Doge development team to make it more efficient.  I don't really even understand what that means- I just don't yet understand blockchain.  Need to study up. 

Another thing that's very interesting is Helium mining.  If I lived in less of a rural area I'd definitely be looking into that.  Buy a hardware miner, helium router, put an antenna up on the house and basically sit back and rake in passive income. 

I seriously hate Robinhood.  I did start up a Gemini account and plan on moving my Doge over there as they're giving 7.4% interest on your Doge.  Thing is, I don't know how much time it takes to transfer from Robinhood back into your bank account and how long it takes to get all that back up to Gemini.  I really have to find somebody local to buddy up with who knows what they're doing.  Or remotely I guess.  If there was even like a junior college course in this, I would sign up and go.  This is absolutely something worth understanding for the future. 





Title: Re: Crypto- (Bitcoin, Ethereum or even Doge)
Post by: jladdsmith on May 17, 2021, 04:18:11 PM
As stated many times I have no idea what I'm doing, but just jumped on TametheArk's youtube and there will be a pretty important discussion re: Bitcoin and Doge tonight between 8-10.  Don't know what time zone.  Just jump in around that time and look for a dude named Static.  You can basically glimpse at the comment scroll on the right and see if he's in there or not.  Everybody really respects this dude's analysis.  Mike, this guy seems to really know what he's doing and he's saying Bitcoin is gonna drop to somewhere between 15k-17k by the end of the year.  Dude is also saying Doge is gonna drop to around .25 and then go to $1.25 first quarter '22. 

I wish I had someone to buddy up with to daytrade this Doge.  So much opportunity lost over the past couple of weeks.  That way I wouldn't feel so bad if I screwed up and then someone to celebrate with on wins. 

Here's Tame's live youtube feed.  https://www.youtube.com/watch?v=10dLiUkxyg8&list=RDCMUCMH_Sp6qccVo5r58K7Hpmcg&start_radio=1

Title: Re: Crypto- (Bitcoin, Ethereum or even Doge)
Post by: Skunkedagain on May 17, 2021, 07:16:11 PM
My buddy dated a twobit whore in college. I wonder if her stock ever went up?........
Title: Re: Crypto- (Bitcoin, Ethereum or even Doge)
Post by: jladdsmith on May 18, 2021, 12:29:09 AM
Two-bit whores are more predictable- you know exactly what you bought into.  The other ones, well, Elon, can you do anything about that shit?  Many thanks. 
Title: Re: Crypto- (Bitcoin, Ethereum or even Doge)
Post by: MikeA on May 18, 2021, 10:45:41 AM
Not to be an ass here but...: What you need to understand is that Doge is a shitcoin. It's has an unlimited supply. It's only getting in the way of the real crypto. Sure, drop some change in there and see what happens. But it's not the one that's going to change the world. Seriously. You can find all sorts of Johnny come lately people on YT who seem to know what's going on. Listen to the ones who've been saying it since inception (orange pill podcast Max Keiser) The only purpose of crypto is to topple centralized banking. It's really that simple. It's not going to be easy but I believe it's a worthy risk. You're the bank. It's your money. It can't be controlled/seized by anyone but you. Having just been sued for an auto accident my wife had. I can truly appreciate that it's a 100000% safer way to horde any kind of wealth.... Just try to get my bitcoin you filthy C sucking lawyer  :P.  It can be used anywhere in the world with just a cell phone. It's going to be the king of crypto or it's going to utterly fail and take them all with it. You in?!?!?

Doge is useless because it's massively inflationary. 10,000 new coins are made every minute for eternity, meaning each coin is worth less and less as time goes on - it simply cannot hold value. It was specifically designed to be so cheap that you can give them away without really caring. It is not an investment. It's about as useful as a reddit upvote.
Title: Re: Crypto- (Bitcoin, Ethereum or even Doge)
Post by: jladdsmith on May 18, 2021, 03:31:38 PM
I don't disagree with you- that's basically the way I understand it as well.  It could literally be called shitcoin and I'd still be happy I bought it and only wish I'd have bought it a month sooner, or even six days earlier when I tried to buy at 1.5 cents (I think) and Robinhood screwed me by delaying approval.  At one point I did own a little BTC and a good chunk of ETH and ETC for diversification and should have just left it alone, but I'm still at 4.5x initial investment.  What pisses me off is that I was ready, finger on the trigger for 4 major moves and could be sitting at probably 25x had robinhood executed the orders. 

I really want to understand how to read charts on Tradingview or whatever and play with what I've got using basically anything other than robinhood.  I use a laptop, not their phone app, and even that has screwed me by my palm or finger hovering over the trackpad and executing an order on a major swing, then panicking and having to buy back in to mitigate losses.  A guy was in on the discord the other day talking about how he was using the app on his phone and a call from a buddy alerting him to a massive swing came through, he tried to swipe up or whatever to answer the call and the app took that as an order ultimately screwing the guy out of a major position. 

So: 

#1 set this other laptop up specifically for trading and use a freakin mouse!
#2 cash out and transfer back from RH to the bank
#3 put it all back into Gemini or Fidelity
#4 find someone to basically tutor me for a couple of hours on reading these damn candles and wicks and RSI's

Ideally I'd like to grow this Doge and then Q1 2022 flip it over into about 30% BTC and 30% ETH (and not touch those), and play with the remaining 40% in Doge to add to the BTC and ETH. 








Title: Re: Crypto- (Bitcoin, Ethereum or even Doge)
Post by: Bfish on May 19, 2021, 08:44:30 PM
Hell, I just want some stock in pressure treating/chipboard/plywood mills.  5x retail prices have to trickle down, right?

Title: Re: Crypto- (Bitcoin, Ethereum or even Doge)
Post by: jladdsmith on May 20, 2021, 12:45:47 AM
I'm about to blow a moafing gasket.  In another major downturn RH is screwing me again.  I won today, not big, but a little, and now am staring at a good amount in my "dry powder" trying to buy another dip.  I started off with about half of my bag in on a major move and it wouldn't process.  I went all the way down to ten bucks to see if anything would go through and it's saying something about me not being a gold member.  This is a first.  And the last.  Screw you, Robinhood.  I just tried a dollar.  Nope. 

This has to be illegal. 
Title: Re: Crypto- (Bitcoin, Ethereum or even Doge)
Post by: Skunkedagain on May 20, 2021, 02:59:54 PM
I saw a Gheenoe on the Caney and the guy was dressed like Robinhood using dry powder on his indicator to get a better drift. The game warden showed up, he hauled ass because he was fishing without a license and I KNOW that is illegal.
Title: Re: Crypto- (Bitcoin, Ethereum or even Doge)
Post by: MikeA on May 21, 2021, 07:46:46 AM
LOL. Caney is full of Robinhoods. They’re saving the Caney Fork, one youtube video at a time. Taking fish from the poor and trading for youtube pennies. You gotta admire these cucks.
Title: Re: Crypto- (Bitcoin, Ethereum or even Doge)
Post by: jladdsmith on June 07, 2021, 05:11:40 PM
I took my initial investment out of Doge (holding the rest) and dumped that into AMC this morning.  It's either gonna be huge or not.  No idea what I'm doing.  Also, have I mentioned I hate Robinhood?  They screwed me out of about 8 minutes this morning at the opening bell while AMC was shooting up- cost me about another used Gheenoe.   

Since the earlier posts, I've opened Gemini as well as WeBull accounts, but don't really have the cash to fund those and am scared to even mess with RH trying to get what I've got out of there and transferred as I would have lost the window on AMC...

Really still need to find someone who knows what they are doing with all of this to just tell me what to do.  Some dude I was in on a Discord with last week put $5500 into some weird crypto I'd never heard of and made a couple hundred grand in just a few minutes.  He could have made a HECK OF A LOT more if he had just stayed in a few minutes longer.  He jumped in on the Discord and people were like well do you see what it's doing now?  How about now?  I think it stopped at $639k/coin.  Dude was sick over it but at the same time...man that's got to be crazy to make that much money in such a short amount of time. 

If you're at all interested in this, and I know Mike has a differing opinion, the best groups I've found are Rick's Discord and YT livestream- https://www.youtube.com/watch?v=UaKCziU1_cY

and TametheArk - https://www.youtube.com/watch?v=JO-osn3iUMw

These groups kinda overlap somewhat- they cover Doge, BTC, GME, AMC and a little bit of Matic for the most part.  Rick is awesome (the Australian), IO is awesome, Piskit is fantastic if you can take his accent and his homo humor.  Dru (the smooth sounding brother) is a great moderator and that guy is freakin rolling in it. 

FWIW-I talked with Tame privately on my plan and he said it would be risky but I went ahead and did it anyway.  Thus far it's worked out, but it's only been a single market day. 

Last thing is one of the founders of Ethereum is talking about making some kind of partnership with Doge.  Didn't expect that.