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"If you think you actually own the crypto you buy on Coinbase, you are absolutely wrong." ...?

Discussion in 'Crypto Assets' started by easymon1, Apr 20, 2021.

krugman25 Guest

If a person wants to take custody of their coins and also not worry about getting hacked then buy a Ledger or Trezor. Problem solved.

If you're a short term speculator then you should love the volatility. If you are a long term investor then what are you doing looking at hourly or daily moves? Zoom out. Look at quarterly or yearly. Don't just look at price either. Look at network metrics. It's not just a good way to see the long term trajectory but also makes clear when crypto metrics are moving into a bear market or when things have bottomed and are turning around.

How much do you have to hate money to have willingly passed on 100x, 1000x, or 10000x return opportunities? Most anti-crypto traders/investors could have put in just 1% to hedge the possibility that their opinion was wrong, and that would have outperformed their other 99% multiple times over.

Last edited by a moderator: Apr 20, 2021

#21 Apr 20, 2021

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RedDuke
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krugman25 said:
If a person wants to take custody of their coins and also not worry about getting hacked then buy a Ledger or Trezor. Problem solved.

If you're a short term speculator then you should love the volatility. If you are a long term investor then what are you doing looking at hourly or daily moves? Zoom out. Look at quarterly or yearly. Don't just look at price either. Look at network metrics. It's not just a good way to see the long term trajectory but also makes clear when crypto metrics are moving into a bear market or when things have bottomed and are turning around.

How much do you have to hate money to have willingly passed on 100x, 1000x, or 10000x return opportunities? Most anti-crypto traders/investors could have put in just 1% to hedge the possibility that their opinion was wrong, and that would have outperformed their other 99% multiple times over.
More...

There sure are haters, and there are many like me who made a mistake. Not all those astronomical gains are in past. Unless some alt shot coins becomes large.

my biggest mistake was to stay on side lines due to Tethers ponzi. Oh well, let’s see what the future brings. There might be big sells offs and opportunities might present themselves.

#22 Apr 20, 2021

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krugman25 Guest

RedDuke said:
There sure are haters, and there are many like me who made a mistake. Not all those astronomical gains are in past. Unless some alt shot coins becomes large.

my biggest mistake was to stay on side lines due to Tethers ponzi. Oh well, let’s see what the future brings. There might be big sells offs and opportunities might present themselves.
More...

I missed out on the previous bear cycle of 14'-15' mainly because I just financially wasn't in a spot to consider it, although it did intrigue me. I was in a much better place financially by the 19' bear cycle. I read too many stories of people passing on crypto because it was up by x,xxx% from the previous year just to see it go another x,xxx% higher over the next few years, so I decided to dive in at the current price and not push my luck.

I've learned some facts in crypto. You can't have your cake and eat it too, i.e. if you want the upside volatility you also have to accept the downside volatility. When price runs up thousands of percent relatively quickly there will inevitably be a large retracement that comes. If you buy during a bear market risk:reward is very asymmetrical, i.e. you will either lose 90% or gain 9,000% type of thing, or perhaps both given enough time. I will take those types of asymmetric bets (either lose 1x or make 10x-100x) all day long.

#23 Apr 20, 2021

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zenlot
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betcashrun said:
Ok I'll buy a small amount of BTC or ETH or BNB or XRP or USDT or DOGE or ADA or DOT or BCH or LTC or UNI or VET or LINK or XLM or USDC or THETA or FIL or TRX or WBTC or SOL or NEO or XMR or EOS or KLAY or MIOTA or BSV or BUSD or BTT or LUNA or CRO or FTT or AAVE or XTZ or ATOM or ETC or ALGO or CAKE or DAI or AVAX or MKR or XEM or HT or RUNE or DASH or BTCB or KSM or EGLD or CHZ or HOT or ZEC or DCR or STX or HBAR or COMP or LEO or MANA or ENJ or ZIL or SC or GRT or BAT or NEXO or SNX or DGB or YFI or UST or MATIC or NEAR or QTUM or ONT or UMA or BTG or RVN or SUSHI or TFUEL or CEL or WAVES or ZRX or ICX or NANO or ZEN or BNT or FLOW or IOST or ONE or RSR or REV or OMG or CELO or ANKR or CHSB or HNT or KCS or FTM or OKB or XVG or PAX or REN or DENT or VGX or CFX or CRV or BTMX or WRX or AR or 1INCH or MCO or BTCST or VTHO or RENBTC or LSK or HUSD or SNT or LRC or XVS or KNC or MDX or LPT or OCEAN or CKB or STORJ or ZKS or MAID or EWT or QNT or OGN or GLM or BCD or REP or STMX or IOTX or WIN or DODO or ARDR or REEF or CVC or NMR or SKL or FET or BAL or TEL or FUN or STEEM or KMD or BTS or NKN or SAND or MVL or BTM or WAXP or VLX or ORBS or ANT or ALPHA or TUSD or SXP or BAND or AGI or MED or KIN or PPT or KAVA or JST or WOO or XHV or SWAP or WAN or CELR or SRM or UBT or BADGER or ONG or CVT or STRAX or AVA or ARK or GNO or AMPL or MTL or ROSE or GT or IQ or POLY or HNS or OXT or SYS or ELF or UTK or SCRT or UQC or RIF or RLC or TRAC or HIVE or INJ or FX or META or MONA or QKC or ZB or CTC or WBNB or HEX or CRU or CCXX or HBTC or FEI or DFI or BRG or XDC or XWC or ORC or OMI or BEST or INO or TTT or vBNB or THR or PUNDIX or ARRR or BCHA or STETH or NXM or AMP or HEDG or MIR or KSP or ETN or AXS or XIN or LINA or SOLO or DAWN or ZLW or vXVS or LOTTO or RFOX or TKO or AKT or ORN or TRIBE or KEEP or BAKE or SFP or TLM or ANC or KLV or HTR or USDN or AUDIO or RAY or vBTC or TROY or PAID or MATH or GNY or KAI or HNC or SUPER or DNT or COTI or BORA or NOIA or REV or CTSI or ATRI or DKA or TOMO or ATT or RDD or POWR or MARO or SUN or RNDR or POLS or NU or MLN or GALA or BOTX or PRQ or ELA or GAS or RPL or MFT or NWC or VAI or BUNNY or TWT or IRIS or LIT or RAMP or LYXe or AION or BCN or RGT or XOR or EAURIC or CRE or CSC or ALICE or DIA or PAC or SHR or WOZX or FREE or LTO or EDG or DAO or XCM or TRB or LOOM or EUM or FIRO or MWC or EPS or AKRO or MASK or SUSD or VRA or UOS or ADX or FLM or BLCT or REQ or MLK or SFI or ERN or NYE or BZRX or DATA or APL or SPI or TSHP or SAPP or BEAM or LON or HXRO or NRG or OXY or BIFI or STAKE or PHA or FARM or WTC or PERP or NULS or DDX or STRK or BNANA or GUSD or TT or MX or CHR or PIB or PAI or SURE or MHC or EMC2 or LAMB or BSCPAD or GRN or POND or DIVI or AE or BEL or KDA or ID or ALBT or WHALE or VSP or DX or LA or DUSK or ABBC or FRAX or RLY or DRS or GRS or PIVX or AMO or BLZ or BAR or VSYS or VTC or PAXG or IGNIS or ERG or FRM or MITH or DEGO or NXS or WICC or STPT or MBL or NRV or WNXM or TITAN or DSLA or API3 or EXRD or ARPA or XNC or CENNZ or BOA or HOGE or SOLVE or SERO or SWTH or RAD or BFC or VRSC or ZNN or MXC or RFR or vUSDC or MBN or HARD or YFII or BOND or HC or LBC or OM or CTXC or COS or PHB or LOC or TVK or OXEN or vETH or NEST or MASS or PNK or KIMCHI or SNL or PCX or HUM or AUCTION or ZCN or UNFI or AERGO or SRK or DAG or CTK or WXT or MRPH or FRONT or BELT or MAPS or QQQ or HPT or SLT or VITE or DRGN or NIM or EDR or VISR or WING or BNK or VID or YOUC or NXT or HEGIC or SUKU or SNTVT or RARI or KEY or CND or AXEL or XYO or BAAS or DG or IDEX or REVV or SPARTA or PERL or DREP or CREAM or TORN or FIO or DCN or HELMET or GXC or NAS or CVP or QC or KYL or SKY or RCN or PROM or FSN or BASID or ASTA or DOV or RBTC or FXF or MOC or ESD or DAC or NFTX or KP3R or GRIN or aEth or GBYTE or DOCK or DEXE or BOR or BURGER or DDIM or SWINGBY or BDP or XPR or QSP or OBSR or BIP or QTCON or RING or DEXT or YLD or SUTER or AIOZ or GET or AST or EURS or NEBL or GTO or ZEE or BDX or HAI or KAN or DMT or AQT or DAD or TMTG or FIDA or BUSD or PRO or MEME or SPND or SBD or CORE or ULT or CONV or EL or OCTO or BMI or AOA or DPR or UPP or PXL or WABI or VIDY or APPC or FXS or RDN or XDB or SOUL or GO or ARIA20 or PNT or KRT or NAV or SALT or XRT or GVT or MTA or BTU or VERI or BZ or CFi or TRU or XSN or MDT or AUTO or VIDT or JULD or LAYER or ANY or USDX or PEAK or LCX or DBC or NEX or CUSD or GHST or DVPN or CET or GLCH or BTR or TRTL or MPH or DGD or XSGD or BFT or MUSD or PSG or EASY or HUNT or COCOS or VIA or FOR or one among the more than 4000 other coins.
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Ok, no probs. For your next venture, would you mind listing Russell 2000 as a starter? https://money.cnn.com/data/markets/russell/?page=1 . Just rewrite 74 pages from there and we could find something else for you afterwards.

#24 Apr 20, 2021

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virtusa
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krugman25 said:
How much do you have to hate money to have willingly passed on 100x, 1000x, or 10000x return opportunities?
More...

I wonder how many crypto fans made the returns that nonbelievers would have missed according to you.

100x means at the current price, bought in 2013 at $550 and kept it till now.
1000x means at the current price, bought in 2013 at $55 and kept it till now.
10000x means at the current price, bought in 2011 at $5.50 and kept it till now.

So your statement is BS as probably nobody made 10000x and probably nobody even made 1000x returns buying BTC. So not only the nonbelievers did miss these hilarious returns, even all the believers missed them.

#25 Apr 20, 2021

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zenlot
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1st: crypto market != BTC.
2nd: "probably nobody made" - is pretty much worthless to say. You don't know that and you can't prove your statement in any way. I can say, that plenty of people made those returns. Prove me I am wrong.

#26 Apr 20, 2021

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RedDuke
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krugman25 said:
I missed out on the previous bear cycle of 14'-15' mainly because I just financially wasn't in a spot to consider it, although it did intrigue me. I was in a much better place financially by the 19' bear cycle. I read too many stories of people passing on crypto because it was up by x,xxx% from the previous year just to see it go another x,xxx% higher over the next few years, so I decided to dive in at the current price and not push my luck.

I've learned some facts in crypto. You can't have your cake and eat it too, i.e. if you want the upside volatility you also have to accept the downside volatility. When price runs up thousands of percent relatively quickly there will inevitably be a large retracement that comes. If you buy during a bear market risk:reward is very asymmetrical, i.e. you will either lose 90% or gain 9,000% type of thing, or perhaps both given enough time. I will take those types of asymmetric bets (either lose 1x or make 10x-100x) all day long.
More...

totally agree but 100x apart from alt shit coins not happening anymore. Ship has sailed.

#27 Apr 20, 2021

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themickey
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betcashrun said:
Ok I'll buy a small amount of BTC or ETH or BNB or XRP or USDT or DOGE or ADA or DOT or BCH or LTC or UNI or VET or LINK or XLM or USDC or THETA or FIL or TRX or WBTC or SOL or NEO or XMR or EOS or KLAY or MIOTA or BSV or BUSD or BTT or LUNA or CRO or FTT or AAVE or XTZ or ATOM or ETC or ALGO or CAKE or DAI or AVAX or MKR or XEM or HT or RUNE or DASH or BTCB or KSM or EGLD or CHZ or HOT or ZEC or DCR or STX or HBAR or COMP or LEO or MANA or ENJ or ZIL or SC or GRT or BAT or NEXO or SNX or DGB or YFI or UST or MATIC or NEAR or QTUM or ONT or UMA or BTG or RVN or SUSHI or TFUEL or CEL or WAVES or ZRX or ICX or NANO or ZEN or BNT or FLOW or IOST or ONE or RSR or REV or OMG or CELO or ANKR or CHSB or HNT or KCS or FTM or OKB or XVG or PAX or REN or DENT or VGX or CFX or CRV or BTMX or WRX or AR or 1INCH or MCO or BTCST or VTHO or RENBTC or LSK or HUSD or SNT or LRC or XVS or KNC or MDX or LPT or OCEAN or CKB or STORJ or ZKS or MAID or EWT or QNT or OGN or GLM or BCD or REP or STMX or IOTX or WIN or DODO or ARDR or REEF or CVC or NMR or SKL or FET or BAL or TEL or FUN or STEEM or KMD or BTS or NKN or SAND or MVL or BTM or WAXP or VLX or ORBS or ANT or ALPHA or TUSD or SXP or BAND or AGI or MED or KIN or PPT or KAVA or JST or WOO or XHV or SWAP or WAN or CELR or SRM or UBT or BADGER or ONG or CVT or STRAX or AVA or ARK or GNO or AMPL or MTL or ROSE or GT or IQ or POLY or HNS or OXT or SYS or ELF or UTK or SCRT or UQC or RIF or RLC or TRAC or HIVE or INJ or FX or META or MONA or QKC or ZB or CTC or WBNB or HEX or CRU or CCXX or HBTC or FEI or DFI or BRG or XDC or XWC or ORC or OMI or BEST or INO or TTT or vBNB or THR or PUNDIX or ARRR or BCHA or STETH or NXM or AMP or HEDG or MIR or KSP or ETN or AXS or XIN or LINA or SOLO or DAWN or ZLW or vXVS or LOTTO or RFOX or TKO or AKT or ORN or TRIBE or KEEP or BAKE or SFP or TLM or ANC or KLV or HTR or USDN or AUDIO or RAY or vBTC or TROY or PAID or MATH or GNY or KAI or HNC or SUPER or DNT or COTI or BORA or NOIA or REV or CTSI or ATRI or DKA or TOMO or ATT or RDD or POWR or MARO or SUN or RNDR or POLS or NU or MLN or GALA or BOTX or PRQ or ELA or GAS or RPL or MFT or NWC or VAI or BUNNY or TWT or IRIS or LIT or RAMP or LYXe or AION or BCN or RGT or XOR or EAURIC or CRE or CSC or ALICE or DIA or PAC or SHR or WOZX or FREE or LTO or EDG or DAO or XCM or TRB or LOOM or EUM or FIRO or MWC or EPS or AKRO or MASK or SUSD or VRA or UOS or ADX or FLM or BLCT or REQ or MLK or SFI or ERN or NYE or BZRX or DATA or APL or SPI or TSHP or SAPP or BEAM or LON or HXRO or NRG or OXY or BIFI or STAKE or PHA or FARM or WTC or PERP or NULS or DDX or STRK or BNANA or GUSD or TT or MX or CHR or PIB or PAI or SURE or MHC or EMC2 or LAMB or BSCPAD or GRN or POND or DIVI or AE or BEL or KDA or ID or ALBT or WHALE or VSP or DX or LA or DUSK or ABBC or FRAX or RLY or DRS or GRS or PIVX or AMO or BLZ or BAR or VSYS or VTC or PAXG or IGNIS or ERG or FRM or MITH or DEGO or NXS or WICC or STPT or MBL or NRV or WNXM or TITAN or DSLA or API3 or EXRD or ARPA or XNC or CENNZ or BOA or HOGE or SOLVE or SERO or SWTH or RAD or BFC or VRSC or ZNN or MXC or RFR or vUSDC or MBN or HARD or YFII or BOND or HC or LBC or OM or CTXC or COS or PHB or LOC or TVK or OXEN or vETH or NEST or MASS or PNK or KIMCHI or SNL or PCX or HUM or AUCTION or ZCN or UNFI or AERGO or SRK or DAG or CTK or WXT or MRPH or FRONT or BELT or MAPS or QQQ or HPT or SLT or VITE or DRGN or NIM or EDR or VISR or WING or BNK or VID or YOUC or NXT or HEGIC or SUKU or SNTVT or RARI or KEY or CND or AXEL or XYO or BAAS or DG or IDEX or REVV or SPARTA or PERL or DREP or CREAM or TORN or FIO or DCN or HELMET or GXC or NAS or CVP or QC or KYL or SKY or RCN or PROM or FSN or BASID or ASTA or DOV or RBTC or FXF or MOC or ESD or DAC or NFTX or KP3R or GRIN or aEth or GBYTE or DOCK or DEXE or BOR or BURGER or DDIM or SWINGBY or BDP or XPR or QSP or OBSR or BIP or QTCON or RING or DEXT or YLD or SUTER or AIOZ or GET or AST or EURS or NEBL or GTO or ZEE or BDX or HAI or KAN or DMT or AQT or DAD or TMTG or FIDA or BUSD or PRO or MEME or SPND or SBD or CORE or ULT or CONV or EL or OCTO or BMI or AOA or DPR or UPP or PXL or WABI or VIDY or APPC or FXS or RDN or XDB or SOUL or GO or ARIA20 or PNT or KRT or NAV or SALT or XRT or GVT or MTA or BTU or VERI or BZ or CFi or TRU or XSN or MDT or AUTO or VIDT or JULD or LAYER or ANY or USDX or PEAK or LCX or DBC or NEX or CUSD or GHST or DVPN or CET or GLCH or BTR or TRTL or MPH or DGD or XSGD or BFT or MUSD or PSG or EASY or HUNT or COCOS or VIA or FOR or one among the more than 4000 other coins.
More...

I didnt know QQQ was a coin?

I reckon Ooshies would make a good coin....
https://7news.com.au/lifestyle/food/woolworths-is-bringing-out-ultra-rare-ooshies-c-1278937

Woolworths (Supermarket grocery store) is bringing out ultra rare Disney + Ooshies for fans to collect.

The retail giant launched its latest promotion on August 26, with shoppers eligible to collect a free Ooshie with every $30 spent in store or online.

The supermarket has also brought out four rare glitter Ooshies in addition to the 36 Ooshies on offer.
More...

The four rare Woolworths Disney Ooshies that will earn you big bucks

Finding an ultra rare collectable could prove very valuable for collectors.
During previous supermarket promotions, fans have paid tens of thousands of dollars for ultra rare collectables.

Woolworths has released these four rare additional 'glitter' Ooshies. Credit: Coles Little Treehouse & Woolworths Disney+ Ooshies plus others Swap Group/Facebook
One fan bid $100k for an ultra rare Furry Simba Ooshie during Woolworths’ 2019 Lion King Ooshie promotion.

Other rare collectables have sold for tens of thousands of dollars on eBay and other buy, swap and sell sites.
More...

#28 Apr 20, 2021

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krugman25 Guest

virtusa said:
I wonder how many crypto fans made the returns that nonbelievers would have missed according to you.

100x means at the current price, bought in 2013 at $550 and kept it till now.
1000x means at the current price, bought in 2013 at $55 and kept it till now.
10000x means at the current price, bought in 2011 at $5.50 and kept it till now.

So your statement is BS as probably nobody made 10000x and probably nobody even made 1000x returns buying BTC. So not only the nonbelievers did miss these hilarious returns, even all the believers missed them.
More...

You need to expand the bubble of people you talk to. Most of us in crypto are up 25x-400x from the 2019 bear to covid crash 2020 lows. If you're an og that got in 3 years earlier you can add a zero to that. If you're an og that got in 2-3 years before that then you can add yet another zero.

But just for argument's sake let's say it was *only* 10x (It's not. Go check the charts, it's a lot more) in a few years time, would you really make the case that that's somehow a bad thing?

All that aside, yes of course the longer one waits, and the higher the MC's get, then the more diminishing the returns will be, but that applies to just about any market.

Last edited by a moderator: Apr 20, 2021

#29 Apr 20, 2021

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themickey
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.....Other rare collectables have sold for tens of thousands of dollars on eBay and other buy, swap and sell sites
Lmao the madness

#30 Apr 20, 2021

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