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DAP Forums > Other Topics > Other Topics

Day trading stocks/cryptocurrencies as an alternitative - Page 2

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#11
12-11-2017, 07:26 PM
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Made Another $700 as Ethereum skyrocketted from 495 to 507. I got out just in time before the price fell to 290 (and counting) within seconds.
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#12
12-11-2017, 07:36 PM
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Originally Posted by fl_dreamer View Post
Thank you for using this website as your personal diary.
I am but I don't know the ABCs of investing!
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#13
12-11-2017, 07:46 PM
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Quote:
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I am but I don't know the ABCs of investing!
Just give all your savings to carnivore. He will multiply it.
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#14
12-11-2017, 09:37 PM
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Keep the diary up.

I'm also interested in crypto investing and been reading into the technology. So far I have doubled my money hodling but I am more interested in day or swing trading and compounding.

Quick question. Which exchange are you using.
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#15
12-11-2017, 10:53 PM
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Quote:
Originally Posted by spolem View Post
Keep the diary up.

I'm also interested in crypto investing and been reading into the technology. So far I have doubled my money hodling but I am more interested in day or swing trading and compounding.

Quick question. Which exchange are you using.
Gdax

Yes you can make much more money holding . But you can also just as well lose everything. I learned the hard way because I bought at the top back in the summer then bitcoin crashed from 5k to 3k. Sure it's now almost 20k but what's stopping it from crashing even worst? Nothing.

I'd rather:

A. sleep at night knowing my money is safe

B. learn the skills of trading so I can do this for the long, long term, maybe even move on to stocks if the crypto market falls completely.
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Last edited by carnivore; 12-11-2017 at 11:00 PM..
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#16
12-12-2017, 12:57 AM
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Most people agree that this is a bubble that will burst sooner or later. A lot of the bitcoin owners are in China and there are no rules against colluding. All it takes for them to all cash in at once and this will become worthless overnight. Hardly a secure future plan.
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#17
12-12-2017, 12:29 PM
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I tried getting into this, but so far I keep running into hiccups with coinbase, it is frustrating as heck to just get my first buy going.

Anyway, it was all for naught, as my banks won't even allow coinbase or cryptocurrency trading, so I have no fucking clue whatsoever what to do now.

I was reading some shady stuff where you take cash and trade with users locally...like a craigslist for crypto, but that shit seems even more frustrating and risky.
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#18
12-12-2017, 12:51 PM
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Quote:
Originally Posted by VeryNicePerson1 View Post
I tried getting into this, but so far I keep running into hiccups with coinbase, it is frustrating as heck to just get my first buy going.

Anyway, it was all for naught, as my banks won't even allow coinbase or cryptocurrency trading, so I have no fucking clue whatsoever what to do now.

I was reading some shady stuff where you take cash and trade with users locally...like a craigslist for crypto, but that shit seems even more frustrating and risky.
You can do that on localbitcoins.com, but then you'd be paying like $1-2K more per bitcoin.
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#19
12-12-2017, 12:55 PM
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Quote:
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Just give all your savings to carnivore. He will multiply it.
I actually don't mind opening an account for him to manage and let him keep certain percentage... you in Carnivore?
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#20
12-12-2017, 01:51 PM
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Quote:
Originally Posted by JJ Glo View Post
You can do that on localbitcoins.com, but then you'd be paying like $1-2K more per bitcoin.
Ahhh yes yes that's the website.

Not my cup of tea, so alas I am assed out.

I have a feeling litecoin will hit 1k+ by end of 2018...and to know all I needed was my bank not to hold my money hostage...smh...
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