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Cryptocurrencies

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Kev The Rat said:
Incoming moonshot within the next 10 days - 25k and a new ATH.
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Haha hopefully.

My portfolio has recovered about 20% since I first posted in this thread today. The coins with solid technology and are popular (VEN, NEO) have recovered pretty well so far. REQ, XLM etc which have good projects but aren't as popular are still struggling a little bit.

Means little though, when I woke up this morning I was near 25-30% recovery after Asia and Australia had helped us out overnight. Then all the weak hands in Europe sold today driving it down.

Fingers crossed.
 
larrygobfiend said:
Care to elaborate or are you just here to spout jargon you've picked up off some bitcoin forum?
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In fairness to him, I think I posted earlier in this thread, this is the 7th time Bitcoin has crashed below its 100 day moving average in its history. After every previous incident, it's recovered to a new ATH.

Who knows if this time will be the same, but we can hope. The patterns show it, but crypto is that unpredictable (and that easily manipulated) that it's possible we could go anywhere at anytime.
 
roydo said:
I am 100% cash atm. Need the value of my pension to be what it is now in 2 years time. Arsed.

(Tons over values anyrate)
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Its a great time to be converting to cash if you need to be liquid in the next few ears. I have 75% of my pension in cash and the other 25% in commodities. Don't know your situation but I'm still at least 25 years away from retirement so still happy to pursue a contrarian market strategy and buying what is deeply out of fashion. The reason I hold so much pension cash is that I think stocks are horrendously overpriced and will at least halve in the next bear market.
 
larrygobfiend said:
Buying most alt coins is an absolute ball ache.
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Easiest way I've found is to buy ETH on Coinbase, login to GDAX (owned by Coinbase, so same account) and transfer to your Binance wallet (or Bittrex, Kucoin etc - I use Binance personally). I also use ETH because the fees are lower than BTC, but it has more pairs than LTC. ETH has more transactions per day than any other Crypto too, so it's quite good to hold it.

If you move the money to GDAX from Coinbase, you don't pay any transfer fees when moving to Binance, the only fees you pay are Coinbase purchasing fees, and Binance withdrawal fees when you withdraw to Coinbase to cash out.

If you really want to, you get can get out Coinbase buying fees using a website (I forget the name - it's on Reddit) to purchase Euro's, and transfer to Coinbase, that way you avoid the Coinbase fee, but you could get shafted on the EUR/GBP exchange rate.
 

xreyuk123 said:
Easiest way I've found is to buy ETH on Coinbase, login to GDAX (owned by Coinbase, so same account) and transfer to your Binance wallet (or Bittrex, Kucoin etc - I use Binance personally). I also use ETH because the fees are lower than BTC, but it has more pairs than LTC. ETH has more transactions per day than any other Crypto too, so it's quite good to hold it.

If you move the money to GDAX from Coinbase, you don't pay any transfer fees when moving to Binance, the only fees you pay are Coinbase purchasing fees, and Binance withdrawal fees when you withdraw to Coinbase to cash out.

If you really want to, you get can get out Coinbase buying fees using a website (I forget the name - it's on Reddit) to purchase Euro's, and transfer to Coinbase, that way you avoid the Coinbase fee, but you could get shafted on the EUR/GBP exchange rate.
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Cheers pal. I already have a coinbase account so I'm part way there.

I keep hearing about NEO being really promising. I may have to get involved.
 

Kev The Rat said:
Big retrace happening now
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Bittrex just announced they've printed another 100,000,000 USDT, so no doubt they're buying up Bitcoin to drive the price again.

Bit shady this USDT stuff, the exchanges seem to use it to bump the price when it's struggling. It's meant to be backed by the exchanges existing funds, and its price is tied to the USD, but I can't see Bittrex having $100,000,000 lying around.
 

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