HIPPYVALLEY

I don't touch RH. I use TDAmeritrade for stocks and Coinbase for Cryptos. Both are cash accounts. Coinbase is US based and acts as a bank account so I don't need a separate crypto wallet which has it's pros and cons. (Also seems less sketchy than foreign exchanges) I deposit $ into CB and it is usually available pretty quickly at which point I can purchase which available cryptos I choose. They don't deal with Doge or many of the other shitcoins and maybe have a total of 25 or 30 available products out of the hundreds that are available on other foreign exchanges. The $ I have invested is pretty much all I play with so, I just exchange cryptos for other crytpos based on trends and profits or losses. (Exchange is still subject to cap gain tax) For instance I had some $ invested in Maker and after it ran hard this week, I exchanged it for ETH because I thought my investment in that project (mkr) had run it's course. I mean obviously I could have converted it to cash but I wanted more ETH. There are a few "stable coins" which are pinned to the US dollar and often traders will convert profits to those so that funds are immediately available rather than bank transfers which have a lag time.

Oh I know. Taken as a whole it is mostly ridiculous. I'm cautious and won't ever get rich from it. I had studied cryptos out of fascination when I had some free time a few years ago. Should have jumped into the projects I liked then but was broke and unsure. Even though I had very little disposable income I jumped in right before the current frenzy because I had an educated feeling about what was coming. I have some stocks but only get slow gains because I don't currently have enough time or energy to put in the due diligence research. Folks like you and N of Pike and others have great advice and hopefully people appreciate that. I've learned some trading strategies but it's a lot of time and energy to do it right, so I just have a few modest long term holds. You are correct though, the stock market is, for the most part, a much safer place if you put some effort in. I have missed some big stock opportunities because I lacked confidence in my research. I've learned a lot though and it has helped me make good choices in the crypto market, just need to time my exit well before the peak and be happy with my gains.

Wow, nice.

If you want to do your homework with crypto‘s then there’s plenty of opportunities that don’t involve as much risk as chasing a shit coin. In a mostly red day five out of six of my holdings are green candles and some of them double digit on the day.

Yeah that sucks but it's crypto casino, there will still be chances if you pick the right coin. I've made some mistakes in the past so now I am happy with long, steady gains.

I vaguely remember this, maybe from the mid-west floods a few years back? Somebody did some quick work with a bulldozer to protect their property?

With something like Doge, stop losses will be useless, because when it corrects it will go into freefall. ETH is here to stay though.

The European Investment Bank is supposedly going to put digital bonds up for sale via the Ethereum blockchain.

That suggests you were playing with bigger amounts than most people want to risk. However , it doesn’t matter because even if you only invested a few hundred dollars, a 20 or 30% profit in a week or two is way more than you’re making in almost any other investment. very risky but yolo.

It’s really difficult to time the jump in points right now. We might be in a Super Bull cycle and if so, look for 20% or more pull backs and jump in as soon as the uptrend resumes.

The peaks and troughs with the top crypto’s will begin to stabilize as more institutions buy into it. A side benefit will be the government will be less likely to put any draconian regulations on it for fear of harming corporate interests. that being said I am still of the mind that we will have another big drop in the short term.

Yes, it’s very risky. I have just bought into a few projects that I think will survive into the future. The technology is here to stay but there will be a painful weeding out process and only a handful of the current players will be around in 10 years. It’s only value right now is that there are people that believe it’s valuable but can’t we say the same thing about fiat currency in general?

Most people I know laughed at me when I said Ethereum at $1200 was a bargain.

Ask a brewery worker and we will tell you it doesn't matter, because the glass can always be refilled.

Ya. I worry about him constantly but he is retiring in a year or so. After the Springfield tornado he was out here with his crew for over a week. He was making $500/day.

My brother is a lineman/foreman for Verizon and makes stupid $$. He hands my kid $100 bill every time we see him.

Doesn’t go in effect until midnight tonight.

Ethereum, Litecoin, Chainlink, Cosmos, Maker, Dash.

Best is south of here. .90” so far though. 56° RA

I would be sleeping in the living room with the dog if it hadn’t.

I took emergency savings money and put it in Ethereum a year ago. There’s been some cringe worthy moments but so far it’s worked out.

That’s the way to approach it. Play with money you can afford to lose and learn as you go. I sure wish I had more play money though. There were lots of investment opportunities but being under employed this year gave us no financial wiggle room.

Gary Gensler, the new SEC chief is crypto friendly, as is the BIden admin. in general. They will take a relatively hands off approach in the short term.

They can tax you to death on them though.

Most NFT’s and shitcoins will be nothing but a memory and a regret for the many that lost $$ on them. The majority of the cryptocurrency market is basically casino betting on horses that clueless investors (gamblers) have been told have a shot at placing in the race. Cryptocurrency’s will certainly be a huge part of the global economy in the not too distant future. However, It is more than likely that countries will issue their own crypto’s and the token currencies people are betting on right now, will be close to worthless. The only thing I would invest in are the actual smart Blockchain platforms that have a chance at becoming the globally dominant means of crypto exchange. Ethereum will probably be the winner and certainly could end up being 10x more than it is now if it gets its fee structure reasonably cheap. Formats such as Cardano, Chainlink, Uniswap etc could certainly find their niche. Cosmos (ATOM) would be the underdog surprise if they can get their platform to where their white papers indicate. Essentially they’re trying to create the Internet of block chains. Aside from passing fad’s like Dogecoin, there is a reason that the top 20 cryptocurrency’s are in the top 20. 2/3 of them are platforms that have some potential future use.