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Back to the Crypto World

Postby ptrikha21 » 25 Dec 2020, 11:44

After being active in the Crypto world- primarily in Bitcoin during 2016-17, and then for some brief period in the early 2019, I am back to being active in Crypto domain.
I installed ZebPay App, and invested small amounts in -
Bitcoin, Binance Cash, Tron and Ripple.
My plans are to do incremental investments and once I get some good returns, withdraw part of it and re-invest.
In short, pick, choose, pluck and grow back and iterate.
Let me see how things go.
My assumption is that even if things go bad in between, since I won't go Big bang, I can control the things more effectively.
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Re: Back to the Crypto World

Postby bestwriter » 25 Dec 2020, 11:48

I am a zero in this and may be this year I will learn all about bitcoin. Nice too see you are far advanced.
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Re: Back to the Crypto World

Postby Mika » 25 Dec 2020, 12:01

The only investment I have done in crypto currency is through Skrill and paypal. If you have a verified account with Skrill and Paypal you can buy bitcoins and hold on for as long as you want. You can then sell when the price is high.
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Re: Back to the Crypto World

Postby Carson20t » 25 Dec 2020, 12:03

Without a doubt crypto currency is the new era of exchange of goods,services and commodities but alot of missing gaps and will strolls take a few years to be fully integrated in the normal finance world.
But if youbare looking at how to make money through crypto its called holding but with a reasonable ammount like let's say $100.
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Re: Back to the Crypto World

Postby ptrikha21 » 25 Dec 2020, 18:00

bestwriter wrote:I am a zero in this and may be this year I will learn all about bitcoin. Nice too see you are far advanced.


Actually Bitcoin went from $11k to around $23k this year itself but I was a laggard and was away from Crypto even though it was picking up.
Yet perhaps better late than never !

-- 25 Dec 2020, 23:31 --

Mika wrote:The only investment I have done in crypto currency is through Skrill and paypal. If you have a verified account with Skrill and Paypal you can buy bitcoins and hold on for as long as you want. You can then sell when the price is high.

Is Skrill a Trading platform?

-- 25 Dec 2020, 23:32 --

Carson20t wrote:Without a doubt crypto currency is the new era of exchange of goods,services and commodities but alot of missing ......

I cannot afford to invest big bang in one go but perhaps following some strategies and not putting all money in a single kind of Crypto currency might help.
I will check out in between.
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Re: Back to the Crypto World

Postby skysnap » 26 Dec 2020, 08:56

My current portfolio is Polkadot, BCH, BTC, ETH, DASH, ZEC and BAT. So far I am not earning much but I am hoping to push this portfolio stronger and get things properly done.
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Re: Back to the Crypto World

Postby ptrikha21 » 26 Dec 2020, 11:12

skysnap wrote:My current portfolio is Polkadot, BCH, BTC, ETH, DASH, ZEC and BAT. So far I am not earning much but I am hoping to push this portfolio stronger and get things properly done.

What are the prospects of Ripple, Ethereum and Binance Coin?
Any particular website that you use for analyzing the Crypto market?
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Re: Back to the Crypto World

Postby Pousinha » 28 Dec 2020, 23:14

It appears ethereum having a brilliant future (at least, the near next future), as currently it's increasing value. And in any way, it's the best considered cryptocurrency just after bitcoin.
I don't use a particular website analyzing cryptos, because in latin America they are not popular as in tier1 countries and the best realible wallets as coinbase, binance, etc. almost ignore us (we can't exchange to FIAT). But I'm forced to cryptos earnings in any way due to my creative writings ptws and I'm struggling to find the right prepaid latin american credit card to charge at least in bitcoin.
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Re: Back to the Crypto World

Postby sweerie_banana » 29 Dec 2020, 08:07

Digital currencies are acquiring dominion over others. The sole bewildering thing for me is Cryptocurrency. What is the variance between a customary wallet and a cryptocurrency wallet? I dislike the system of stockpiles of cryptocurrencies since it compels you to be at risk of cybercrime and hacking.

Cryptocurrencies are treasures like the US Dollar was used to represent actual Gold. What proof of work do you partake in to gain these cryptocurrencies? The second thing I find baffling is the transactions carried out in the crypto world.
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Re: Back to the Crypto World

Postby skysnap » 29 Dec 2020, 08:09

ptrikha21 wrote:What are the prospects of Ripple, Ethereum and Binance Coin?
Any particular website that you use for analyzing the Crypto market?


Ripple - they are undergoing lawsuits so worst place to be invested.
ETH - too expensive transaction fees compared to BTC.
Binance- Considering they are korean and chinese groups, be cautious, don't store money in their wallet.
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Re: Back to the Crypto World

Postby ptrikha21 » 01 Jan 2021, 12:07

skysnap wrote:
ptrikha21 wrote:What are the prospects of Ripple, Ethereum and Binance Coin?
Any particular website that you use for analyzing the Crypto market?

...Binance- Considering they are korean and chinese groups, be cautious, don't store money in their wallet.

Looks like I might have to explore Litecoin, Bitcoin cash etc.

-- 01 Jan 2021, 17:57 --

Pousinha wrote:It appears ethereum having a brilliant future (at least, the near next future), as currently it's increasing value. And in any way....

It is surprising why no players on Crypto front in Brazil and Argentina?
Perhaps we would see something in the upcoming future.
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Re: Back to the Crypto World

Postby mrki444 » 02 Jan 2021, 18:11

Did you earn something on this Bitcoin price jump? Now is little over 32 000$. tOu posted this 25 Dec when it was few thousands lower.
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Re: Back to the Crypto World

Postby skysnap » 03 Jan 2021, 08:42

ptrikha21 wrote:Looks like I might have to explore Litecoin, Bitcoin cash etc.


My current approach is not touching ETH and BTC and hold them as long as possible. However if I earn bitcoin cash and few other coins i will exchange them to INR so that I can get back worth of my investment. Soon not now.

Polkadot, BCH, Binance is something I am looking for investment right now.
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Re: Back to the Crypto World

Postby anil02 » 03 Jan 2021, 12:42

ptrikha21 wrote:After being active in the Crypto world- primarily in Bitcoin during 2016-17, and then for some brief period in the early 2019, I am back to being active in Crypto domain.
I installed ZebPay App, and invested small amounts in -
Bitcoin, Binance Cash, Tron and Ripple.
My plans are to do incremental investments and once I get some good returns, withdraw part of it and re-invest.
In short, pick, choose, pluck and grow back and iterate.
Let me see how things go.
My assumption is that even if things go bad in between, since I won't go Big bang, I can control the things more effectively.

In these days price of Bitcoin is increasing too much so be careful, today when I login freebitco. price was more than 33000$
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Re: Back to the Crypto World

Postby skysnap » 04 Jan 2021, 08:07

Yeah the price is rising but you have to keep on holding the bitcoin and ETH as long as you can and then only exchange when your days require it.
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Re: Back to the Crypto World

Postby sweerie_banana » 05 Jan 2021, 17:51

skysnap wrote:
ptrikha21 wrote:Looks like I might have to explore Litecoin, Bitcoin cash etc.


My current approach is not touching ETH and BTC and hold them as long as possible. However, if I earn bitcoin cash and few other coins I will exchange them for INR so that I can get back the worth of my investment. Soon not now.

Polkadot, BCH, Binance is something I am looking for investment right now.


I will bookmark this and read it when I am ready to invest. Awesome ideas tight here.
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Re: Back to the Crypto World

Postby skysnap » 06 Jan 2021, 08:32

Investment tactics change all the time. So what you may bookmark today may change in 1 year. BCH and DOT will surely have better future ahead.
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Re: Back to the Crypto World

Postby oldbuddy » 11 Jan 2021, 04:12

anil02 wrote:
ptrikha21 wrote:After being active in the Crypto world- primarily in Bitcoin during 2016-17, and then for some brief period in the early 2019, I am back to being active in Crypto domain.
I installed ZebPay App, and invested small amounts in -
Bitcoin, Binance Cash, Tron and Ripple.
My plans are to do incremental investments and once I get some good returns, withdraw part of it and re-invest.
In short, pick, choose, pluck and grow back and iterate.
Let me see how things go.
My assumption is that even if things go bad in between, since I won't go Big bang, I can control the things more effectively.

In these days price of Bitcoin is increasing too much so be careful, today when I login freebitco. price was more than 33000$

If you adopt a LADDER approach, price does not matter as much. I use free crypto to start and when it grows double I take half out, then let the rest keep growing. It didn't take long before I was well in the black and now it's all a free ride.
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Re: Back to the Crypto World

Postby ptrikha21 » 13 Feb 2021, 10:45

mrki444 wrote:Did you earn something on this Bitcoin price jump? Now is little over 32 000$. tOu posted this 25 Dec when it was few thousands lower.

I did make some profit but in a gradual investment mode.

-- 13 Feb 2021, 16:19 --

oldbuddy wrote:
anil02 wrote:
ptrikha21 wrote:After being active in the Crypto world- primarily in Bitcoin during 2016-17, and then for some brief period in the early 2019, I am back to being active in Crypto domain.....

...than 33000$

If you adopt a LADDER approach, price does not matter as much. I use free crypto to start and when it grows double I take half out, then let the rest keep growing. It didn't take long before I was well in the ....


That is a good approach. Plus each one of us has to follow what we are best at.

-- 13 Feb 2021, 16:21 --

sweerie_banana wrote:
skysnap wrote:
ptrikha21 wrote:Looks like I might have to explore Litecoin, Bitcoin cash etc.

...
Polkadot, BCH, Binance is something I am looking for investment right now.


I will bookmark this and read it when I am ready to invest. Awesome ideas tight here.

Well, I too have got some good ideas here.
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Re: Back to the Crypto World

Postby Shivay57 » 14 Feb 2021, 09:21

skysnap wrote:Yeah the price is rising but you have to keep on holding the bitcoin and ETH as long as you can and then only exchange when your days require it.


Both the etherium and Botcoin will be going very high in the future, try to hold it for some long term even like 1 year or 2 and it can grant too much profit.
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