Thread: Bitcoin

Originally Posted by hotwings

Grabbed some BTC Friday night under $2400 and used it to purchase some XRP. Picked up a few LTC last week for $36.23 and now it's over $46. Will pick up more if it ever gets back under $36. Dipped my toe in ETH too. Holding all three as small mid to long term investment. Who knows where this will go.... It's with money I can afford to lose and could stand to gain from as well :}

Yeah, that's the way to go. Throw something out there that you could expect to lose, with the moderate chance of a big payday down the road.

Despite that I like btc better, I did hold onto my ethereum, even though that one can be more volatile than BTC. It's just less money. I haven't added any litecoin yet but may if things pullback again (which means it won't ).

I am just getting into blockchain and crypto currencies. I can see a big future for the blockchain tech. I want to invest is some companies via gofundme or other ico's they call them.anyone have any good ideas other than straight up buy currencies? I bought some etherium just to try and understand how it works. I know blockchain can be used in say transportation, medical, and many other industries

This thread has a few names for you. GBTC and GAHC are a couple.

Originally Posted by tsptalk

This thread has a few names for you. GBTC and GAHC are a couple.

I appreciate that. However, I'm not really interested in penny stocks (GAHC) or bitcoin tracking stocks. I would love to find some opportunities in new companies starting up in blockchain tech. for example, I saw one recently that was going to be involved in the legal marijuana business. Don't know how to invest in it though.

Originally Posted by clester

I appreciate that. However, I'm not really interested in penny stocks (GAHC) or bitcoin tracking stocks. I would love to find some opportunities in new companies starting up in blockchain tech. for example, I saw one recently that was going to be involved in the legal marijuana business. Don't know how to invest in it though.

Eth is dropping like a rock!
But it went up like a rocket sooo....


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I'm getting ready to start rebuying some btc again. The timing of transactions at coinbase.com can be frustrating since I don't keep assets on the site (coins or cash) for security purposes, and you have to wait 3 - 5 business days for deposits to clear.

Originally Posted by tsptalk

I'm getting ready to start rebuying some btc again. The timing of transactions at coinbase.com can be frustrating since I don't keep assets on the site (coins or cash) for security purposes, and you have to wait 3 - 5 business days for deposits to clear.

When I saw Ethereum down into the 180's last night I grabbed 5.0000 of them at $188. I also dislike that it takes almost a week for them to show up in your Coinbase account, but I don't plan to day trade them, more like swing trading. Ethereum has had a pattern of quadrupling, then falling ~50%, then quadrupling again, then falling ~50%... If nothing else it's fun to watch.

Anyone else using GDAX? It's Coinbase's exchange.

Much better than Coinbase as far as placing orders and getting good fills.

https://www.gdax.com/trade/BTC-USD

Bought back 2 btc in last couple days (had sold them all a while back), and several Ethereum. I am also going to put my btc onto a paper wallet before that Fork on Aug 1.

https://blockgeeks.com/guides/paper-wallet-guide/

Originally Posted by tsptalk

Anyone else using GDAX? It's Coinbase's exchange.

Much better than Coinbase as far as placing orders and getting good fills.

https://www.gdax.com/trade/BTC-USD

Bought back 2 btc in last couple days (had sold them all a while back), and several Ethereum. I am also going to put my btc onto a paper wallet before that Fork on Aug 1.

https://blockgeeks.com/guides/paper-wallet-guide/

Does it cost the same as coinbase? Or is it per trade?


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It's much better than using coinbase. Better prices, narrow spreads, and from what I can tell the fee is very low. I paid a $2.30 fee for 1 bitcoin. I'll have to look deeper because today's was my first purchase using it.

Bitcoin is tumbling today if anyone was waiting for a pullback. It's back under $2200. The June low was near $2050 so that looks like the next level of support.