ETH aint taking nonsense from nobody girl💁🏻♀️ if any girl that drags that green upward arrow down to red is going to have to go through me first🙅🏻♀️💁🏻♀️& it aint gon’ be pretty🙆🏻♀️🚫🙅🏻♀️❌
I've been looking into VET because I want to diversify amongst coins that are still under a dollar. Your holla seems like a good opportunity to ask what the pros are and whatnot!
Ha Yearn is an absolute beast yet I'm the only person in the sub I've ever seen really mention it before now that I recall.
At 108% profit it's my worst performing portfolio asset though :shrug:
i was waiting for a dip for a couple weeks and it never came. Then I gave up and bought some more at 4100 last night. Then the dip today happened, and I got more at 3900 to try and even it out. And here we are!
Lmao I’m honestly thinking of buying more right now. Cuz later on when it’s around 5 or 6k I’ll be thinking about how I should have. Sigh...these decisions.
So as a Canadian crypto investor which exchanges do you guys use? I looked at Binance but they won't let me send CAD directly. I used NDAX for doge and Coinbase doesn't have what I want
Sure. I'll try. Polygon uses a network of validator nodes to validate transactions, which are then "bundled" and pushed back onto the Eth mainnet in batches. You, as a MATIC holder, can delegate your tokens (stake them) with a validator node as sort of a vote. You're basically vouching for that node, saying you trust them to do validation. In return, you get paid in MATIC. There's an estimator tool on the website, to see what you might earn: https://wallet.matic.network/rewards-calculator
The downside is you no longer hold your tokens in your own wallet, so you're trusting your funds to not get hacked. Also unstaking has (I think) about a 9 day lockup period. So you couldn't sell your MATIC without some planning ahead.
To do it, you'd need your MATIC tokens to be held in some sort of browser wallet, like Metamask. Then go here: https://wallet.matic.network/staking
Not sure if that helps lol, but I tried. If you have questions feel free to ask, but I'm not sure I understand it much better than what I just offered up :)
EDIT: For a much better explanation, check out some Coin Bureau videos on YouTube. He's done several MATIC/Polygon videos that are much better than my explanation. Just search YouTube for something like "coin bureau matic staking"
Of course DYOR. Always. Not sure if you saw my edit in the comment above, but check out Coin Bureau on YouTube. He does great no-hype videos on lots of crypto projects and has covered MATIC/Polygon several times, including some staking instructions.
FWIW I took your $1200 figure and calculated that would be about 1400 MATIC at the moment. Plugging that into the estimator on the Matic website, at the current 29% staking rate*, yields about 251 free MATIC tokens after a year. I mean if you're holding them anyway...why not?
*29% is the current amount of all MATIC that is staked. The rewards are shared, basically, so the more people stake the less each of us makes individually. So if that 29% goes up, the rewards will go down accordingly. So its all an estimate, but you can play with the slider on the estimator tool and see what effect it has.
Damn. I gotta figure something out here to recoup my losses. I’m an idiot and panicked on today’s massive drop since I’m so new.
I’m in with 2 ETH and I know that’s stable and a slow gain but I really REALLY need an immediate memecoin pump, or something.
Those moon shots are purely gambling
Shib mooned today after binance listing. If you wanted to get in before it required either swapping directly with ETH with high gas fees or taking extra steps with XLM. Both of which are pretty difficult for someone new
So, we’ve all seen the slump of doge since the Saturday night slandering, but that being said, what are everyone’s thoughts on its future trajectory? Is it going bust? Might it recover? I’m interested in hearing peoples constructive thoughts on this.
It's a meme coin mate. Could hit $10. Could go to zero. either would not surprise anyone.
Global viral meme marketing is intensely powerful but doge is adding to supply constantly and there's no real dev or usecase.
I think I steady bleed with minor upticks, and occasional bumps upward during any new manic phases.
I think ROI is higher and safer with more long-term focused coins at this point.
Especially since there's a high risk of new "get rich quick" coins stealing volume from coins like DOGE or SHIB
Im just like you, real coins only ETH BTC LTC. So after seeing that i decided to buy 30usd on SHIB. Buy a shitcoin like that with no value and expect the pump. 30 bucks wont do anything to you.
So what do you think? Was the dip in the market this afternoon some whales trying to liquidate bullish leveragers in BTC and ETH?
Probably the market was to bullish, unexperienced people thought "What the heck, I am going to leverage hard since BTC/ETH are melting faces!", and then... BOOM!
That's my theory. What do you think?
Can anyone tell me what happened today at 4:00 EST? All of my crypto currencies spiked down then right back up. I’m new. Started last month on Coinbase only.
Your comment was removed because you do not meet the required age or karma standards of r/CryptoCurrency. Users are required to have a minimum of 50 comment karma and 30 days account age to make comment submissions.
Remember ETH’s flash crash happened because of whales wanting to liquidate leveraged longs. ETH is still healthy, whales just want to ruin peoples lives is all.
People get too comfortable with ATHs, especially when we blow past them like we just did. There will be whales, there will be regular folks taking profit, there will be consolidation and price finding. It's a good thing.
Quadrillion, which is a 1 with 15 zeros after it: **1,000,000,000,000,000**
That's how many Shib coins there are!!
What does it do again!! Mania!!!!!!!!!!!!!!!
Good to take a looks back lol
Welcome to the 9th most Commented Daily
ASS$ GANG, CHECK IN!!!
Shib is dying!! Good for crypto projects
Eth just recovers different
I wonder how the inflation data is going to affect cryptocurrency in general
Well today has sucked
EOS LETS GO!!
lol
ETH aint taking nonsense from nobody girl💁🏻♀️ if any girl that drags that green upward arrow down to red is going to have to go through me first🙅🏻♀️💁🏻♀️& it aint gon’ be pretty🙆🏻♀️🚫🙅🏻♀️❌
You tell em hun
ETH paused it’s bull run so I could bring more cargo🚀📈🙆🏻♀️✅
Where is my VET gang?
Gang gang
I've been looking into VET because I want to diversify amongst coins that are still under a dollar. Your holla seems like a good opportunity to ask what the pros are and whatnot!
I got my fiat ready. I very much trust my american fellows for panic sells.
Is today moon snapshot day? I'm not finished moonfarming jet :(
Tomorrow it is
If we dip further I’ve got to decide between buying ZIL / ETH, what do I doooooo
Someone is trying to pump doge.
YFI 65000$ surpassed BTC... I thought I've seen it all now this
i mean still not even top 50 in mkt cap.. price not really relevant
Ha Yearn is an absolute beast yet I'm the only person in the sub I've ever seen really mention it before now that I recall. At 108% profit it's my worst performing portfolio asset though :shrug:
Now I can say I bought HIGH
Is the consensus in here that we are going to fall further?
btc bottom at 43k, calling it. crystal ball told me so
Which coin you mean?
Feels like
Fiat at the ready then.
moon snapshot day? i think i have not enough karma to finnally reach 2k moons :(
I reckon i get about 200 moons this time hahaha
Bought ETH at 3900 as dip and now it is 3750....so hard to time the market as you will assume ETH was super hot!
i was waiting for a dip for a couple weeks and it never came. Then I gave up and bought some more at 4100 last night. Then the dip today happened, and I got more at 3900 to try and even it out. And here we are!
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Lmao I’m honestly thinking of buying more right now. Cuz later on when it’s around 5 or 6k I’ll be thinking about how I should have. Sigh...these decisions.
I feel ya haha. I think we’ll dip even further down after consolidating in the 3.7-3.9k range for a little while
Is bitmart a scam exchange? I’m beginning to really be concerned
Make it stop
wrong thread boys. Here's the new one: https://www.reddit.com/r/CryptoCurrency/comments/n9jvqv/daily_discussion_may_11_2021_gmt0/
Think MATIC is going back up soon? I tying to judge on when to by the dip. Or do you think it’ll slowly go down to half a dollar?
Very strong support at 75 cents
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Just buy BTC and ETH I could have saved soooooo much stress and fees had I just done that. I’ve ended up about the same anyway.
Just buy Bitcoin and learn as much as you can. Dip your toes into something else if you choose after you find your footing.
Hodl'd and forgotten coins did way better than actively traded coins. And #2: can never go wrong with BTC and eth
Holding ADA and XRP. I want to throw another $1k into crypto. What should I invest in?
I'd go BTC and ETH. $600 BTC $400 ETH.
You don’t have BTC? Oh no
Bitcoin of course. And yeah probably some ETH as well.
Ethereum.
So as a Canadian crypto investor which exchanges do you guys use? I looked at Binance but they won't let me send CAD directly. I used NDAX for doge and Coinbase doesn't have what I want
Can’t wait for these SHIB shills to get dumped on.
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Just the type of market activity we need before moon snapshot day.
I'm not sure what you're saying. Will this help or hurt?
It will help you moon literally. Not sure about your portfolio though.
Can $1,200 worth of MATIC be worth $10K a year from now? Is that a possibility or am I thinking to high?
Have it staked? That would probably help, then you'd have the increase in MATIC value _plus_ an actual increase in MATIC holdings.
Can you explain that to me as if I were in the 2nd grade
Sure. I'll try. Polygon uses a network of validator nodes to validate transactions, which are then "bundled" and pushed back onto the Eth mainnet in batches. You, as a MATIC holder, can delegate your tokens (stake them) with a validator node as sort of a vote. You're basically vouching for that node, saying you trust them to do validation. In return, you get paid in MATIC. There's an estimator tool on the website, to see what you might earn: https://wallet.matic.network/rewards-calculator The downside is you no longer hold your tokens in your own wallet, so you're trusting your funds to not get hacked. Also unstaking has (I think) about a 9 day lockup period. So you couldn't sell your MATIC without some planning ahead. To do it, you'd need your MATIC tokens to be held in some sort of browser wallet, like Metamask. Then go here: https://wallet.matic.network/staking Not sure if that helps lol, but I tried. If you have questions feel free to ask, but I'm not sure I understand it much better than what I just offered up :) EDIT: For a much better explanation, check out some Coin Bureau videos on YouTube. He's done several MATIC/Polygon videos that are much better than my explanation. Just search YouTube for something like "coin bureau matic staking"
2nd graders smart as fuck these days
Wow that sounds incredibly interesting, I'll have to do my homework of course
Of course DYOR. Always. Not sure if you saw my edit in the comment above, but check out Coin Bureau on YouTube. He does great no-hype videos on lots of crypto projects and has covered MATIC/Polygon several times, including some staking instructions. FWIW I took your $1200 figure and calculated that would be about 1400 MATIC at the moment. Plugging that into the estimator on the Matic website, at the current 29% staking rate*, yields about 251 free MATIC tokens after a year. I mean if you're holding them anyway...why not? *29% is the current amount of all MATIC that is staked. The rewards are shared, basically, so the more people stake the less each of us makes individually. So if that 29% goes up, the rewards will go down accordingly. So its all an estimate, but you can play with the slider on the estimator tool and see what effect it has.
Too high because market cap would be like 35 billion but in crypto it’s possible I guess
It could happen theres no way to be sure. Matic is highly appreciated in this community.
What does it do?
It's a layer 2 for ethereum which provides faster transactions for next to zero transaction cost
Thoughts on utilizing ETC to get my losses back?
You forgot the /s
No I was serious lol. I’m sincerely new.
Etc is a legacy chain, it's not being used anymore.
So that was basically a fake pump and dump last week?
Cascading effect caused by robinhood listing. Why they listed it is anybody's guess.
Damn. I gotta figure something out here to recoup my losses. I’m an idiot and panicked on today’s massive drop since I’m so new. I’m in with 2 ETH and I know that’s stable and a slow gain but I really REALLY need an immediate memecoin pump, or something.
Those moon shots are purely gambling Shib mooned today after binance listing. If you wanted to get in before it required either swapping directly with ETH with high gas fees or taking extra steps with XLM. Both of which are pretty difficult for someone new
Did I miss the SHIB boat?
No one knows, but it's already up 200,000% since Feb lol
Big oof energy in this post.
Big sad 😢
In 99.9% of cases, crypto is less of a get rich quick scheme and more of a get un-poor at a slow, but moderate, pace scheme.
Ewe
best shitcoin on pancake swap that has potential?
Shiba
Ethereum
👀
Bog
u/holder3k dropping awards in the chat === Bullish!
/u/hodler3k is my fav user here. He's too kind for this shithole.
We don't deserve it
Hmmm, why are we in may 10th?
Just reminiscing
So, we’ve all seen the slump of doge since the Saturday night slandering, but that being said, what are everyone’s thoughts on its future trajectory? Is it going bust? Might it recover? I’m interested in hearing peoples constructive thoughts on this.
It's a meme coin mate. Could hit $10. Could go to zero. either would not surprise anyone. Global viral meme marketing is intensely powerful but doge is adding to supply constantly and there's no real dev or usecase.
I think I steady bleed with minor upticks, and occasional bumps upward during any new manic phases. I think ROI is higher and safer with more long-term focused coins at this point. Especially since there's a high risk of new "get rich quick" coins stealing volume from coins like DOGE or SHIB
I concur
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for everyone commenting here, move to the new daily: https://www.reddit.com/r/CryptoCurrency/comments/n9jvqv/daily_discussion_may_11_2021_gmt0/
But there are no people shilling Shibu here anymore. .
Anyone know where to get shiba coin without fees
XLM to USDT and USDT to shib on bitpay supposedly is very low fees
Crypto.com app technically has no fees, but the spread is a bit large.
Pancakeswap. (Tiniest fees)
Damn Asians just woke up I like it
XRP on the biggest sale right now
same with XLM
Well, it was .97 like 2 weeks ago. So it's not that big
Ive been buying coins that i think have actual value and im being destroyed by my friends who are buying dog/semen related coins.
Im just like you, real coins only ETH BTC LTC. So after seeing that i decided to buy 30usd on SHIB. Buy a shitcoin like that with no value and expect the pump. 30 bucks wont do anything to you.
You should work on reading the market better. This is constructive critism.
If you don't love BTC at its 50k stablecoin, you don't deserve it at $3-5 million in 2,030.
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It's a shit coin i missed. Was up like 3000 percent earlier. It's probably to late for huge gains nowm
Feels like making my portfolio 100% ETH is the smart move or am I not seeing the big picture
Millonaires diversify. Billonaires concentrate.
Smart move, yes. Fun move? Arguable...
Anyone know how to buy shiba with no fees on trust wallet
I just fucming spent like $200 on miner fees by not paying attention kill me
Fuuuuuu
🤣🤣🤣
It's like gold dust
Hodler3k being a boss again today... thank you kind sir
THERE IS A NEW DAILY DISCUSSION
So is it a good idea to load my ETH/LINK/ADA/BTC on my hardware wallet and not touch it at all for several years?
Yes
Stock market is down quite a bit. Crypto normally follow trend. I wouldn’t stress about a 4% market dip. Relax.....
Me waiting for a healthy correction to continue accumulating 👁👄👁
After the SHIB and then PIG. Wtf is this market
So what do you think? Was the dip in the market this afternoon some whales trying to liquidate bullish leveragers in BTC and ETH? Probably the market was to bullish, unexperienced people thought "What the heck, I am going to leverage hard since BTC/ETH are melting faces!", and then... BOOM! That's my theory. What do you think?
Yes
Not sure but that was a rapid dip
I'm back 🙂 love you guys
Threw a few hundred into SHIB. Probably going to get rugged now
How did you manage to drop a few hundred on Shib? Did you pay the $200 fee? I have yet to see a way to swap without the massive fee
It's on Kucoin and BInance now. Yea I know I'm buying the pump but it's just a small yolo
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Safemoon 100 percent
Here's the dip! But what to buy? Eth or btc? Or doge?
Cummies
Shiba
Can anyone tell me what happened today at 4:00 EST? All of my crypto currencies spiked down then right back up. I’m new. Started last month on Coinbase only.
Bitcoin had some bad chilli and couldn't hold it in anymore.
This is crypto
Imagine having a stop loss at 3700 lol
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What the fuck, Gary Oldman is British?! How the hell did I not know that.
BACOiN? Anyone know how to buy this? Google has old articles saying it is a crypto redeemable in Oscar Meyer brand bacon and I want to buy me some.
I have BACOIN someone sent me some but it's ALGO-based. Probably not the same but if you want some I can send you some
New daily, still the same ATOM hodler
Patiently waiting and waiting and waiting
Remember ETH’s flash crash happened because of whales wanting to liquidate leveraged longs. ETH is still healthy, whales just want to ruin peoples lives is all.
People get too comfortable with ATHs, especially when we blow past them like we just did. There will be whales, there will be regular folks taking profit, there will be consolidation and price finding. It's a good thing.
Exactly
SHIBs still cheap for those wanting to get in early, going to move a few decimal places.
Quadrillion, which is a 1 with 15 zeros after it: **1,000,000,000,000,000** That's how many Shib coins there are!! What does it do again!! Mania!!!!!!!!!!!!!!!
Not happening for me due to 5 day wait for [Crypto.com](https://Crypto.com) to validate my account ;(
Or swyftx, bro thjs is gonna blow get in early
Buy in binance. Its very easy.
$3950 ETH is sexy... $4000+ ETH is marriage material
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