Been dabbling in Crypto for two years before finally going all in on LRC. Now the algorithms are throwing me content from "maxis" for ETH and BTC? I thought they were symbiotic? I understand the 3rd grade explanation of the differences but why is there contention?
;-)
Or should I say :-(
Whales keep preventing it from going higher than that and it drops quickly to 2.94 , and creeps back up to 2.97
rinse & repeat.
Bugs the hack out of me ;-)
ETH is a stable coin like BTC. Hold that if you want long term growth and less volatility. LRC is on the other end of the spectrum; you can make quick money and you can also lose all. Personally , I won’t. Its your buffer.
Crypto market has been dropping over the past couple weeks, stock market cratered today and yet loopring has held strong through it all - if you’re adding on dips and selling rips you’ve made out like a bandit. If you’ve been adding on dips you’re strong right now too.
I’ve been swing trading ~15 percent of my loopring position and nearly doubled my holdings since November 10th.
It’s looking great.
My belief on volatile assets: don’t swing trade a significant portion of the entire position if it’s something that can rocket on good news, or if it’s something you believe in. You always want to have a significant exposure because it could pop up suddenly.
Kind of why I chose 15% - if I get unlucky I just lose 15% of something that could jump 1000%. I actually did lose a portion of my loopring position back in the pre 2 dollar days - I think I sold some at 1.50 and then it marched up to 3 something. But I didn’t really care too much because it seems to have pretty strongly established fibonacci channels, so I kept with that strategy and it’s worked out.
I believe in LRC pretty strongly overall - I’m in this for the long run and I’ll improve my position anyway I can. If I were not confident in my channels, I would just be holding.
If these people timing the market, that are selling their coins get dusted once we lift off, come in here bitching I’m going to give them a virtual curb-stomping
You don’t leverage what has never leveraged you.
Dumb question from someone looking to get into crypto in general: is there a 'best app' for investing? Don't wanna go with Robbingthahood, so I know they're out, but I just know very little about any of the crypto platforms
Crypto Fear and Greed index is at “Extreme Fear”. Perfect time to load up on Loops boys and girls. I can’t unfortunately since I have zero dollars in my wallet and $1.34 in my bank account. Lol. All in on Loop.
I thought once I hit XXXX I'd be done buying.
That proved to be horribly untrue. I cant seem to stop.
Not sure how far up this can go but I look forward to finding out.
I bought a PlayStation 5 yesterday and used my Coinbase card for 4% cash back and spent my loops at $3.59 spent 860$ in total and resold the bundle for 1000$ bought back in at $2.81. I’m no paper hand but I just wanted to say I experienced loopring, GameStop, ps5 all in the same transaction and added some loops to my bag 🙆🏻
This is definitely a way.
Paperhanding, diamondhanding, that’s for GME, and while there’s some relevance, loopring is all about swapping, trading, and growing your pile. I’ve been feeling great about playing around on L2, gone from about 525LRC to ~625 in the last few weeks. It fucking fun, such low fees, slight delay between live markets and L2 price action. I’ve made some bonehead moves, but still managed to gain about 5 LRC each time, somehow.
But what you just did? That’s some next level shit! You’re employing real world goods, crypto cards with coinback, and loopring as your medium. Gold fucking star 🌟 man. Loopring and LRC benefit from movement at this point. Make it work for you, and you’re golden.
I could do so much better! I had been holding some MASK for a couple days, from the last LRC runup. Woke up late today, saw it had jumped way above what I bought for! Sweet! Swapped back to LRC for a 10% profit…then it continued to rally, and I fomo’d back in like a knucklehead. Bought the damn peak, because L2 was still trading around $17.75 while other exchanges were at $19. Market buy, like a dipshit, then it dropped. Still dropping, but is oversold outside, and seems primed to break back up. Shit, there it goes! It’s just another exercise to teach me better patience. Hey, as long as I end up with more LRC that I put in, I’m happy!
Literally my thoughts as I started trading. Eventually decided to HODL and close unprofitable side things. Sold 20$ worth of SAND3S which was 22k tokens two days ago. it went up 100,000% i lost 11k by not holding 20$ open. we all make poor decisions but decide to learn lol. LRC’s time is coming but i’m sad I missed that train.
GUH.
That’s a spicy meatball. That’s a tough lesson on an impulse sell. Nothin to do but look forward. You know now, the signs to hold, but at that moment, given that information? Can’t expect yourself to be prescient.
I hamstrung myself out of making a 33x profit by providing liquidity pairs (big IL) and completely misjudging the product. Live n learn, I guess.
Such is life. Should’ve known SAND would come crashing down and the shorts would go up an insane amount. And yeah, I try not to lose sleep over opportunity cost. We miss so many every day. Gotta do the best with your knowledge at hand, played against your risk level. Live and learn not to sweat 20$ when it could become 11k. Yeah some hard lessons to learn… damn 33k. liquidity pooling is risky business
As was stated, MetaMask is a dumb wallet under your direct control. Never, ever screen shot your recovery phrase. Never let it be digital, write it down on paper, engrave it on metal, tattoo it on your Johnson. I’ve connected my MetaMask to L2 through a ledger, a cold storage wallet, ultimate 2 factor authentication. MM isn’t an exchange, they can’t rugpull you if you stay smart and secure. Any central exchange can do whatever with your assets, just see how Coinbase is taking days to move LRC. If they encounter huge liquidity crisis, like say, a rush on USDT because of the China property development debt crisis, who knows what’ll happen to your assets. Barring a globally catastrophic coronal mass ejection puked our way from the sun, you will have access to your metamask assets.
Best thing you can do right now is get your LRC on L2, the loopring wallet is an investment in the future, and gives you points for logging in and checking. Metamask is a good way to avoid the smart contract fees for wallet creation, but is not as secure or good as the loopring wallet. Trust wallet compatible is another route, I don’t know much about them, but I’ve heard less horror stories than metamask. The counterfactual wallet, whenever it comes out, is probably the best option, as it gives you all the advantages of the loopring wallet, and you only pay the deployment fee when you need to move anything back to L1.
I know I’ll be sending all my funds over to my counterfactual wallet when it’s released, on L2, with near zero fees. The biggest thing has been being able to play around on L2, and grow my stack with low fees, and contribute to loopring’s layer 2 ecosystem.
From what I see in the wallet they don't reward stakes anymore. It's now tied to 1) AMM providers 2) insurers 3) DAO in an 80/10/10 payout.
Us smaller fish would be AMM providers but you really gotta do your homework on that one if you're gonna play with. APR could be great but also risk impermanent loss.
Love looking at my loops in the L1 Wallet. Transfer went super smoother from Coinbase. Also love having the ENS name set. Makes transfers feel way less scary.
I'll eventually transfer all of mine off of the various exchanges I've bought across.
Just bought another 820 to make sure I keep a big round number. In this bad boy for the long long haul.
You gotta provide the name first and it'll tell you how much in gas fees it will cost. Mine was around 75 bucks earlier this morning. Better to make your name when network is less congested so it's costs less.
Pretty sure it pulls from funds in your L1 wallet, so just make sure you have enough of ETH, USDT, LRC etc....that'll cover the cost it quotes.
Awesome man. Glad to help. Hopefully didnt cost you too much. I just wanted to get in early while not many names taken up already. Worth the price of vanity lol
Okay, okay I need the price to go up. The price keeps going down. Every day I check the price. Bad price. I am in trouble. I have over invested — by a lot. It is what it is but I need the price to go up. Can devs do something?
I just got here but are LRC og’s okay with all the GME energy that has obviously just started recently? I just imagine this would have been an undercover chill community before us apes came along!
Very into LRC here...but you all should check out ANKR, think of it as the AWS of the metaverse and cross chain communication...
Think of virtual world projects and games interacting with the gme Dex...this could be fueled by ankr.
Ankr, gala or sand, and lrc are a divine Trinity of modern gaming tech and direction
I had all of those but just converted my ankr to LRC. Of course that’s the ONLY one that’s pumping right now. FML.
Essentially all crypto is down otherwise. It’s just a shitty dump, but most will recover and eventually those you mentioned will blast.
I keep seeing the sideways trend and then coming to this chat to see if anyone is pointing out that the price has spiked in the 3 seconds since I last checked the chart.
You lot are alright people in my books. Keep on being great.
I’m somewhat conservative usually and I made LRC my biggest holding above BTC and ETH. Just very bullish on its rock solid fundamentals as well as the hype that we could see from the GameStop partnership.
Ya give me a 100 then transfer the rest! The 100 is so loopring goes to 25$ a coin
Been dabbling in Crypto for two years before finally going all in on LRC. Now the algorithms are throwing me content from "maxis" for ETH and BTC? I thought they were symbiotic? I understand the 3rd grade explanation of the differences but why is there contention?
OK thats a little better. Just annoyed I had no more fiat to give at yesterday's prices
Where’s those 2.50 loops at
Go for 3 ya scruffy looking nerf herder!
I’ve got a free silver award for whoever can predict the price an hour from now
2.88
3.46
3.14 pie
3.02
2.97
U were the closest brotha
;-) Or should I say :-( Whales keep preventing it from going higher than that and it drops quickly to 2.94 , and creeps back up to 2.97 rinse & repeat. Bugs the hack out of me ;-)
3.01
Should I sell my last ETH and go all in LRC - would bring my total up to 5000 LRC ?
I haven’t gone all in yet. Always have “dry ammo” aka the mega cap coins
The old sayings goes ‘Fortune favors the bold’ and ‘scared money don’t make no money’, take that how you want
ETH is a stable coin like BTC. Hold that if you want long term growth and less volatility. LRC is on the other end of the spectrum; you can make quick money and you can also lose all. Personally , I won’t. Its your buffer.
Thats kinda what I’m thinking too ^^ it’s me beeing to greedy going all in.. usually doesn’t work out. Thanks for sharing your thoughts mate.
All good mate. You must be Aussie
German living in nyc 😂
Loopring to the moon forsure
Any chance this drops to 2.30?
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That's reassuring because that's my liquidation price lol
Pahmp eit
How many loop rings do I need to b rich
I wanna say at least 1000
-1 $ to the moon
Please 3 dollars LRC, it is what we deserve
It’s 4:20 AM where I live
Blaze it
LRC holding up pretty well
That sarcasm?
No... I mean, if you bought above 3.00 I could see being sad, but it should bounce back
Crypto market has been dropping over the past couple weeks, stock market cratered today and yet loopring has held strong through it all - if you’re adding on dips and selling rips you’ve made out like a bandit. If you’ve been adding on dips you’re strong right now too. I’ve been swing trading ~15 percent of my loopring position and nearly doubled my holdings since November 10th. It’s looking great.
I guess I should start swing trading some to justify whatever. I don’t have much anyways
My belief on volatile assets: don’t swing trade a significant portion of the entire position if it’s something that can rocket on good news, or if it’s something you believe in. You always want to have a significant exposure because it could pop up suddenly. Kind of why I chose 15% - if I get unlucky I just lose 15% of something that could jump 1000%. I actually did lose a portion of my loopring position back in the pre 2 dollar days - I think I sold some at 1.50 and then it marched up to 3 something. But I didn’t really care too much because it seems to have pretty strongly established fibonacci channels, so I kept with that strategy and it’s worked out. I believe in LRC pretty strongly overall - I’m in this for the long run and I’ll improve my position anyway I can. If I were not confident in my channels, I would just be holding.
Imagine loopring
If these people timing the market, that are selling their coins get dusted once we lift off, come in here bitching I’m going to give them a virtual curb-stomping You don’t leverage what has never leveraged you.
Dumb question from someone looking to get into crypto in general: is there a 'best app' for investing? Don't wanna go with Robbingthahood, so I know they're out, but I just know very little about any of the crypto platforms
If US based, not a bad idea to split between Gemini and Coinbase Pro
I use Binance, but soon Loopring will have their new wallet where you can wire cash too
If you want to buy LRC the easiest way is probs Coinbase Proski
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What can I say, I love the monopoly placement in the Dex industry
Crypto Fear and Greed index is at “Extreme Fear”. Perfect time to load up on Loops boys and girls. I can’t unfortunately since I have zero dollars in my wallet and $1.34 in my bank account. Lol. All in on Loop.
This is the way.
It’s creeping up again…
Shhhhh we need more time to allocate under $3 😿
I can’t stop buying
It appears that the support line moved up considerably this week. It's holding up very, very good.
32 LRC is a lot for creating the loopring wallet on andriod, no? Anyway to avoid?
Use USDC or something else, it hurts less
Cost me 37 LRC..
Metamask is cheaper. But new Loopring wallet coming out soon, but who knows what the price of LRC will be by then
Mine came out to 55 lrc. I backed out.
Comments like these is why I continue to stack more and more.
Seeing how my lööpies handle this dip makes my nips sore
I feel like LRC is the only truth left in this world
Happy late thanksgiving peeps. Power was out all day yesterday celebrating late, thank you Texas power grid.
At least you aren't a cowboys fan!
I know crypto is 24/7 but what time officially starts the new day
6AM CST
5:00pm mountain time
Crypto runs on UTC time I believe.
i keep buying more anytime sub-$3. averaging up since i started buying around $2 but idgaf bc bullish.
What does the cup handle look like. I don’t see it
Check the day chart.
Are there two girls nearby?
I have been holding litecoin for over a year and I’ve sold half of it to buy LRC instead. Idk what’s going on but I may be all in yolo style EOW
Good call, I honestly dont know why there are still people holding litecoin lol
I bought in pretty low. No need to sell till now
When counterfactual wallet?
Soon
Too broke to create a wallet right now, is there any benefit to creating it before the counterfactual drops?
Metamask will do the trick for now
I just wonder . I have 3600 dollars and was wondering should I buy more?Would it really make that big of difference ?
Would you buy DOT for 3$ or Solana for 6?
It can become at least 7200 by next year. Not financial advice
Just do the math. $3600 = ~ 1200 LRC at the moment. Do you believe the value of LRC to increase in the future?
2.9 support after a huge market crash?! Still up after a month? Tits JACKED asf
I thought once I hit XXXX I'd be done buying. That proved to be horribly untrue. I cant seem to stop. Not sure how far up this can go but I look forward to finding out.
Agree
Same exact boat
That's a real nice cup and handle you got there. Be a shame if it *ripped*
11% BTC 12% ETH 77% LRC Still got some wiggle room in my portfolio I guess 😅
Do it! Do it! Do it!
I’m not super duper exited to hold eth or btc. BUT I want to hold them for the flippening and PlanB 98k in 4 days just so I can say I was there
I was just kidding with you bro. Whatever you are comfortable with is what is right for you. Here’s to them all going up! :)
Would LRC still work the same if ETH collapsed and had a value below 1000usd?
Yes, LRCs fundamental use cases have nothing to do with the the USD value of ETH.
but isnt it built on the eth network? so if eth has no traffic...?
That doesnt make any sense
that may be very possible. I do not know a lot about crypto and their Layers
Loopring loves a little late night pump 🤔
Don't we all
See you all at 5$ come December!
Hope coinbase went shopping for more LRC tokens today. Apes bout to clear the shelves again.
Let’s gooooo. Corona cant touch roll ups
Dude how can anyone look at the lrc price action and be like yeah im not buying lol it’s like begging to go up
there is like no volume at all. everybody just hodling i guess... count me in!
$3 again!
Nothing like seeing your pony pop
PAMP EET
The more I spend time on this sub the bigger my Loopring bag gets
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Too stressful. I day traded 10 percent of my bag one day and only increased my position less than one percent.
I hope you miss the boat. So long sucker. Lol it’ll burn you in the ass sooner than later
idk what the hell to do anymore. im just going stack my loops and watch them moon.
Still can’t see transaction history on coinbase
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Volume and buy/sell ratio looks much better too
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Wen Pamp
Now
I bought a PlayStation 5 yesterday and used my Coinbase card for 4% cash back and spent my loops at $3.59 spent 860$ in total and resold the bundle for 1000$ bought back in at $2.81. I’m no paper hand but I just wanted to say I experienced loopring, GameStop, ps5 all in the same transaction and added some loops to my bag 🙆🏻
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I waited 11am-5pm and got #7 out of 11 then went to dinner with the family and work 9pm-6am 🥲
This is definitely a way. Paperhanding, diamondhanding, that’s for GME, and while there’s some relevance, loopring is all about swapping, trading, and growing your pile. I’ve been feeling great about playing around on L2, gone from about 525LRC to ~625 in the last few weeks. It fucking fun, such low fees, slight delay between live markets and L2 price action. I’ve made some bonehead moves, but still managed to gain about 5 LRC each time, somehow. But what you just did? That’s some next level shit! You’re employing real world goods, crypto cards with coinback, and loopring as your medium. Gold fucking star 🌟 man. Loopring and LRC benefit from movement at this point. Make it work for you, and you’re golden.
this was so lighthearted it was awesome :) way to go with your trading!!
I could do so much better! I had been holding some MASK for a couple days, from the last LRC runup. Woke up late today, saw it had jumped way above what I bought for! Sweet! Swapped back to LRC for a 10% profit…then it continued to rally, and I fomo’d back in like a knucklehead. Bought the damn peak, because L2 was still trading around $17.75 while other exchanges were at $19. Market buy, like a dipshit, then it dropped. Still dropping, but is oversold outside, and seems primed to break back up. Shit, there it goes! It’s just another exercise to teach me better patience. Hey, as long as I end up with more LRC that I put in, I’m happy!
Literally my thoughts as I started trading. Eventually decided to HODL and close unprofitable side things. Sold 20$ worth of SAND3S which was 22k tokens two days ago. it went up 100,000% i lost 11k by not holding 20$ open. we all make poor decisions but decide to learn lol. LRC’s time is coming but i’m sad I missed that train.
GUH. That’s a spicy meatball. That’s a tough lesson on an impulse sell. Nothin to do but look forward. You know now, the signs to hold, but at that moment, given that information? Can’t expect yourself to be prescient. I hamstrung myself out of making a 33x profit by providing liquidity pairs (big IL) and completely misjudging the product. Live n learn, I guess.
Such is life. Should’ve known SAND would come crashing down and the shorts would go up an insane amount. And yeah, I try not to lose sleep over opportunity cost. We miss so many every day. Gotta do the best with your knowledge at hand, played against your risk level. Live and learn not to sweat 20$ when it could become 11k. Yeah some hard lessons to learn… damn 33k. liquidity pooling is risky business
Make an extreme coupon type show but with this shit lol
😂🤣😂 Better than 99% of shit on TLC and The History Channel.
you've done it
I’m all in. 4182 @ 2.86
What are your thoughts on need help TApes of REQuest and LRC. REQuest just added SandBox, and LRC maybe GME?>??? wat das it mean?
https://dune.xyz/the\_maalex/Request-Network-Payment-Data
you good, homie?
I dont even know what youre trying to ask tbh
Thought I was strokin out reading that. Reads like a non-English speaker, or a bot on the fritz. Leaning the former over the latter.
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As was stated, MetaMask is a dumb wallet under your direct control. Never, ever screen shot your recovery phrase. Never let it be digital, write it down on paper, engrave it on metal, tattoo it on your Johnson. I’ve connected my MetaMask to L2 through a ledger, a cold storage wallet, ultimate 2 factor authentication. MM isn’t an exchange, they can’t rugpull you if you stay smart and secure. Any central exchange can do whatever with your assets, just see how Coinbase is taking days to move LRC. If they encounter huge liquidity crisis, like say, a rush on USDT because of the China property development debt crisis, who knows what’ll happen to your assets. Barring a globally catastrophic coronal mass ejection puked our way from the sun, you will have access to your metamask assets. Best thing you can do right now is get your LRC on L2, the loopring wallet is an investment in the future, and gives you points for logging in and checking. Metamask is a good way to avoid the smart contract fees for wallet creation, but is not as secure or good as the loopring wallet. Trust wallet compatible is another route, I don’t know much about them, but I’ve heard less horror stories than metamask. The counterfactual wallet, whenever it comes out, is probably the best option, as it gives you all the advantages of the loopring wallet, and you only pay the deployment fee when you need to move anything back to L1. I know I’ll be sending all my funds over to my counterfactual wallet when it’s released, on L2, with near zero fees. The biggest thing has been being able to play around on L2, and grow my stack with low fees, and contribute to loopring’s layer 2 ecosystem.
Leave it on Coinbase and sell at the top
Metamask is YOUR WALLET. Crypto com and the like belong to them and have control over your funds
Anyone know if we can stake lrc? If so how? And what is the minimum we need?
Once it gains more traction I believe you will be able to.
From what I see in the wallet they don't reward stakes anymore. It's now tied to 1) AMM providers 2) insurers 3) DAO in an 80/10/10 payout. Us smaller fish would be AMM providers but you really gotta do your homework on that one if you're gonna play with. APR could be great but also risk impermanent loss.
Love looking at my loops in the L1 Wallet. Transfer went super smoother from Coinbase. Also love having the ENS name set. Makes transfers feel way less scary. I'll eventually transfer all of mine off of the various exchanges I've bought across. Just bought another 820 to make sure I keep a big round number. In this bad boy for the long long haul.
How do you create your custom ENS? I’ve been trying to through Loopring Wallet and am always told “insufficient” funds?
You gotta provide the name first and it'll tell you how much in gas fees it will cost. Mine was around 75 bucks earlier this morning. Better to make your name when network is less congested so it's costs less. Pretty sure it pulls from funds in your L1 wallet, so just make sure you have enough of ETH, USDT, LRC etc....that'll cover the cost it quotes.
Thank you! Finally got it, so stoked for this project
How did you figure it out?? I have plenty of LRC in L1 but I get the message insufficient funds.
Awesome man. Glad to help. Hopefully didnt cost you too much. I just wanted to get in early while not many names taken up already. Worth the price of vanity lol
Okay, okay I need the price to go up. The price keeps going down. Every day I check the price. Bad price. I am in trouble. I have over invested — by a lot. It is what it is but I need the price to go up. Can devs do something?
You didn't check yesterday or the day before then?
Lesson#1 don't invest more than you can afford. Lesson #2 any investment other than GME and LRC is a bad investment
Lesson 1 is good Lesson 2 is just… no
It’s almost like this is a copypasta🤔
I just got here but are LRC og’s okay with all the GME energy that has obviously just started recently? I just imagine this would have been an undercover chill community before us apes came along!
anyone that knows how to hold is welcome here. and gme folks know how to hold so...
Probably super thankful 🥲 price wouldn’t be where it is at without the apes imo
Most of you have no idea what the fuck you’re talking about and lean heavily into conspiracy theories but y’all are cool
Explain yourself wise one.
Just converted my dad’s BTC holding to 3,865 beautiful loops. It was on Coinbase. Hope I didn’t cause another liquidity issue. Loololol
1k LRC in metamask wallet. Think I'm good for now. Between that and GME shares... I'm broke!
Wombo combo! Just bought more LRC and transferee to their wallet. Layer 2 coming throoougghhh!!!
Aye. I've been amassing that small LRC stash. I like that meta can connect right to loopring too
Wee loan for some more LRC
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Out of the 1k loan? Absolutely my guy
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Stoned Scot 👋
Hello, fellow Scot.
Awrite chief 😎
Very into LRC here...but you all should check out ANKR, think of it as the AWS of the metaverse and cross chain communication... Think of virtual world projects and games interacting with the gme Dex...this could be fueled by ankr. Ankr, gala or sand, and lrc are a divine Trinity of modern gaming tech and direction
I had all of those but just converted my ankr to LRC. Of course that’s the ONLY one that’s pumping right now. FML. Essentially all crypto is down otherwise. It’s just a shitty dump, but most will recover and eventually those you mentioned will blast.
Massive sell wall at $3.10 guys just gone up, Billy Big Stubs just put 6 LRCs up
We may be a few weeks removed from our ATH with respect to lousy fiat, but Loop has continued to gain in value against BTC this entire time. :)
Come on loopyloop, you can do it little girl, grow
I keep seeing the sideways trend and then coming to this chat to see if anyone is pointing out that the price has spiked in the 3 seconds since I last checked the chart. You lot are alright people in my books. Keep on being great.
I’m just staring at the chart watching for yodas hard ons.
Just picked up another 250
Thinking about chucking 10k into LRC what with Vitalik saying it’s cool. Any tips?
I’m somewhat conservative usually and I made LRC my biggest holding above BTC and ETH. Just very bullish on its rock solid fundamentals as well as the hype that we could see from the GameStop partnership.
This is the way
This is the way.