I am strapped to dogecoin awaiting the moon lol
Ok gang…you are all very kind and helpful here and it’s appreciated.
So should I be buying a share or two of coinbase tomorrow? Sounds like it won’t be cheap?
I sold 90% of it and bought ETH with it when ETH dipped to 1600
I would rather own crypto personally. $100B seems like an awfully large market cap but what do I know?! If I was going to buy in I’d do it on the dip
@nonlinear
I had to laugh at your comment about Dave Ramsey in another thread.
I fall into the “Boomer” category, but consider myself very open to new things. I may not understand things like crypto very well…but I do my best to learn.
Anyway, I’ve seen the same Dave Ramsey “crypto Advice”'article shared by numerous friends of my age group…the article essentially says…“we have zero idea or understanding about any of this…but you should avoid it because it’s confusing”.
I’m like…ummm…that article gave absolutely nothing by way of valid arguments? You all may want to take a serious look at this as it’s the future. Nope…I was pretty much deemed a fool.
Felt like telling them…“ok boomer”.
Dave Ramsey seems like financial advice for people who don’t realize paying high interest on credit cards is bad. I’m sure he’s helped a lot of people, but his blatant intermingling of business with churches doesn’t sit right with me.
I didn’t even know he weighed in on crypto but yeah doesn’t sound too surprising! I was thinking about his cookie cutter advice that I should pay off my house at 3% APR before I invest in anything. Meanwhile the fed is debasing the currency as fast as they can. Debt is now moving from the liability side of the balance sheet to the asset side. In other words if I can pay back this debt with future dollars which are cheaper than current dollars, then I should focus on safely growing my wealth faster than inflation and use as much low(ish) interest leverage to do so as I can. His take is apropos for boomers who had the privilege of sitting on their asses and riding the longest equity bull market in history to financial independence while being able to afford a home on a median salary. I’m a proto-millennial (41) and have had no such privileges granted to me. I have to take on risk that my boomer parents would never be able to sleep a single night with in order to not get left behind. Get outta here Dave Ramsey. He sucks
Huge news:
SEC commissioner Hester Peirce unveils updated version of ‘safe harbor’ proposal for crypto tokens
In a public statement, Peirce said that the proposal “seeks to provide network developers with a three-year grace period within which, under certain conditions, they can facilitate participation in and the development of a functional or decentralized network, exempted from the registration provisions of the federal securities laws.”
HOLY CRAP , I bought a bunch at 3 cents DOGE COIN IS AT 20 CENTS!!!
DOGE up 83% in 24 hrs. Here I was thinking my Vechain was killing it, haha.
Doge isn’t done either.
Doge! I sold it at .05 After buying at .01
As as technologist I don’t like it. It offers nothing. In fact I think it does a disservice to crypto in general as it gives the appearance that crypto is not serious. If bitcoin confuses someone, Doge makes it worse.
Anyway if it wasn’t for Robinhood this sh!tcoin would still be at .01. Let’s see how much conviction is in the trade
I would definitely buy this if this was a real Crypto; just for it’s name alone.
ETH all the way
I put up a post today about NFTs…
Don’t they already have this, though? Magic the Gathering Online only has so many of each card in circulation. There’s an entire secondary market based on trading event tickets from the store for the cards you need for a deck.
Yeah, Wooky, but now it’s got digital elements!
/sarcasm
I’ve been an ETH semi-maximalist forever. It was ETH that convinced me on blockchain, not BTC
Haha. Love it.
Yeah this isn’t super novel, just a mainstream cash grab that seems to me to be a strong indicator of the trajectory here