All coin general

i dont have shit to do until its time to get drunk later, if you want to know shit about cryptos i will answer questions for the afternoon / until i find something better to do.

also general crypto discussion, no shills fuds kthx

total newbie here:

>what site do you use to trade?
>when should you buy?
>is there any way to analyze a bitcoin stock?
>if so what resources
>ultimately, how do you make money?

Has anyone of you become a millionaire through this?

one moment please

>what site do you use to trade?
i use coinbase to buy, bittrex to trade. Both have treated me well thus far...though you should explore the main sites a bit before chosing
>when should you buy?
on a dip
>is there any way to analyze a bitcoin stock?
>if so what resources
start with candlestick analysis, fib levels, trendlines, etc.

>ultimately, how do you make money?
buy and hold longterm

trade with 10% of what youve got. buy the dip, sell into hype (or into parabolic highs)

nice digits, friend.

what coins look the most promising to hold over a couple of years?
Right now I have LTC, XRP, and GNT, also a little BTC but not much. I am mainly focused on XRP with about 60% in it.
thoughts?

LTC weak hands

>sites to trade
I don't actively trade, if the coins on poloniex i'll usually buy it there, bittrex yobit as well and then move to secure storage
>when to buy
dips probably the most straightforward system, i don't really give a shit though and if i think it has legs i'll just grab it whenever, if a moon missions on though i might just wait it out
>analysis
news and other articles, forums, whitepapers etc.. just whatever information i can find. i'll take a look at it's trading history but don't usually find it overly relevant.
>make money
generally selling at higher than purchase price, some coins aim to eventually dish out some form of dividends and i generally give extra value to those.

not me, i have made exactly zero dollars as never cashed out, but increase in value from 4 to starting to approach 6 figures

aight, what you think are guna be the next major
coin movements? short and/or long term.

I think all coins will go up, not currenctly totally
sure the relationship to unfold between bitcoin
and ethereum as the communities supporting each
seem to oppose one another.
I also think ethereum classic is largely undervalued. my opinion on that has less to do with if you consider the hard fork a good decision or not, but rather, contracts run on ETC are absolutely guaranteed to never be reversed by the community. I can see a lot of "dark" contracts run on ETC.
Vanilla bitcoin though, I think the price will moon majorly this year, possibly $8k at least briefly. Else I'm not sure enough about to comment

? I have been holding LTC for a couple months now.
Im confused.

>4 to 6 figures

holy shit...

I like BTC ETH and XRP as pillars of the portfolio, next tier GNT and NEM, then little stabs at shittercons that i think could have some value if they can get off the ground - EDG is an example of one of these, it's meant to pay dividends and wouldn't require a massive market share to return well, it's really a question of whether or not anyone is interested in ETH gambling but given some key advantages i give it a chance. Sometimes I'll just throw a little at the big ideas like XBY even though it's more likely a scam

another market wide launch would probably do it but the recent market wide crash shows how quickly it can get hammered back down, i've been on BTC a long time so fairly well used to it

No love for LTC? I already made some profits on it, just was hoping it would steadily increase. currently its stagnant, but im sure it will go up a little in the future. its somewhat bound to btc as the silver to its gold.

also, I appreciate you answering questions. Im trying really hard to get myself financially free and the advice is awesome.

when you say "pay dividends..."

>wouldn't require a massive market share
how much $ are you ballparking?
>whats the yield?

Man bloody LTC, I've always been hesitant on it and have never bought any but now look what's happened. I've just never really fully understood the point of it. I'm happy to accept BTC as the gold standard of crypto and even having no other purpose than that, but not exactly sure why a silver is needed / the point of LTC. Maybe someone can help me out here seeing the price has come right back in for the minute.

So assuming this casino gets up and running a cut of profits is dished out monthly to token holders, been a while now since I did the numbers but I think it was something like 30% back divided up among however many tokens.

Now because this is an 'edgeless' casino the profits are a very slim margin, at least for your standard casino games, basically comes down to player error which they estimate around 1.5% IRRC. So now we got 30% of 1.5% of edgeless transactions divided up among all the tokens, then it's a matter of trying to determine how many bets they'll be taking.

I took a best guess at the potential market by looking at BTC gambling - from what I can find bitcoin gambling transactions are into the trillions of dollars USD, but I have no good way to actually verify this, maybe you will be able to find more concrete info. Anyway, at that scale edgeless wouldn't need to attract a huge amount of those transactions to start creating a good monthly return on tokens.

By the way, I consider all these ETH projects / tokens to be the propellant for the ETH rocket engines, I took ETH for the broader coverage but I figure if it's going anywhere it's going to have to be because some of these projects make it in some way useful

Have $180 USD btc i bought at 1700~. Do I hold or move to an alt coin like eth and move back if it starts to rise again?

So on the steem blockchain following alternatives have been created for the popular websites
SteemQ - youtube
Busy - facebook
Zappl - twitter
Steepshot - instagram
Steemit - reddit
Anyone interested in making steemchan or something?

Well makes sense to me to spread the risk over a few bags and hold, can help to steady up the ship a little, but you also don't want to end up spread to thin either as it'll also reduce your sensitivity to moon missions. Maybe pick one or two others, BTC has been relatively sturdy over time but you may find it too slow going for $180 stake.

Do I really have to upload my fucking ID to buy crypto with USD? Did all of you (in the US) do that?

What btc wallet do you guys use?

there's bitcoin atms and other sites who do instantly, but they have higher fees