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    All Forums | General Discussion

    Invest in Crypto

    «First Previous 123
    CygXanadu
    vanzack
    Chris1049eriepa
    PepeFrog
    The Hawk
    ...
    Participants:
    Search
    Views: 1790
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    «First Previous 123
     
    CygXanadu
    CygXanadu
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    Joined: Jul, 2013
    Posts: 282
    Posted: Feb. 8, 2022 - 4:30 PM ET #51

    @I_Need_A_Detox

     When Bitcoin was first known back in 2010, it was used to buy stuff online. If I had known I would have bought $50 worth @ 0.07¢ ~715 Bitcoin.

    Reply

    @I_Need_A_Detox

     When Bitcoin was first known back in 2010, it was used to buy stuff online. If I had known I would have bought $50 worth @ 0.07¢ ~715 Bitcoin.

     
    vanzack
    vanzack
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    Posted: Feb. 9, 2022 - 10:00 AM ET #52

    Quote Originally Posted by CygXanadu:

    @I_Need_A_Detox  When Bitcoin was first known back in 2010, it was used to buy stuff online. If I had known I would have bought $50 worth @ 0.07¢ ~715 Bitcoin.

    I think I was the first to post here about it, 2013.

    It was $30.

    Funny read if you have the time.

    https://www.covers.com/forum/general-discussion-35/bitcoins-for-gambling-101567609

    Support your local animal shelter. I am on twitter.
    Reply

    Quote Originally Posted by CygXanadu:

    @I_Need_A_Detox  When Bitcoin was first known back in 2010, it was used to buy stuff online. If I had known I would have bought $50 worth @ 0.07¢ ~715 Bitcoin.

    I think I was the first to post here about it, 2013.

    It was $30.

    Funny read if you have the time.

    https://www.covers.com/forum/general-discussion-35/bitcoins-for-gambling-101567609

     
    CygXanadu
    CygXanadu
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    Posts: 282
    Posted: Feb. 9, 2022 - 12:17 PM ET #53

    @vanzack

     That was a cool read! I didn't buy it because of its insecurities, I look back now everything would have been better 10 years later(2020) when it surged to 31k per, my $50 investment would have been a windfall for me.

     Do you still have those 3 bitcoin?

    Reply

    @vanzack

     That was a cool read! I didn't buy it because of its insecurities, I look back now everything would have been better 10 years later(2020) when it surged to 31k per, my $50 investment would have been a windfall for me.

     Do you still have those 3 bitcoin?

     
    Chris1049eriepa
    Chris1049eriepa
    Rookie
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    Posts: 658
    Posted: Feb. 19, 2022 - 9:26 AM ET #54

    Bitcoin and crypto were great if you got in early. But as far as being new currency or transaction able with any convenience they are not hence the Visa card to spend your crypto. They are way to volatile to ever work in their intended purpose and the only reason banks are entered that Wild West is because they have the tools to and technology trade it effectively. I’ll buy at 11,000 and again at 8,800. If it ever gets there. Sounds funny but with little to no intrinsic value and only hype It will continue to trade cyclical based on historical data. Go back and chart it. Computers and bot trading are the decision makers. Be careful if you plan to bet heavy on it. Notice I say bet not invest. It’s a traders market not investment. That may change once the irs truly gets invested to stealing their share of trades lol

    My opinions 

    Reply

    Bitcoin and crypto were great if you got in early. But as far as being new currency or transaction able with any convenience they are not hence the Visa card to spend your crypto. They are way to volatile to ever work in their intended purpose and the only reason banks are entered that Wild West is because they have the tools to and technology trade it effectively. I’ll buy at 11,000 and again at 8,800. If it ever gets there. Sounds funny but with little to no intrinsic value and only hype It will continue to trade cyclical based on historical data. Go back and chart it. Computers and bot trading are the decision makers. Be careful if you plan to bet heavy on it. Notice I say bet not invest. It’s a traders market not investment. That may change once the irs truly gets invested to stealing their share of trades lol

    My opinions 

     
    Chris1049eriepa
    Chris1049eriepa
    Rookie
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    Posts: 658
    Posted: Feb. 19, 2022 - 9:31 AM ET #55

    And by early I just meant at the start of a run. I think their have been 4 or 5 times that the value has increased 20 fold from bottoming. Obviously if you bought from the gate you’d be rich as f.

    Reply

    And by early I just meant at the start of a run. I think their have been 4 or 5 times that the value has increased 20 fold from bottoming. Obviously if you bought from the gate you’d be rich as f.

     
    PepeFrog
    PepeFrog
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    Posts: 458
    Posted: May. 8, 2022 - 1:25 AM ET #56

    Bitcoin below $35k right now. It's a good time to buy during this price sale. Bitcoin and Ethereum are the safest crypto to invest in. moneybag

    Reply

    Bitcoin below $35k right now. It's a good time to buy during this price sale. Bitcoin and Ethereum are the safest crypto to invest in. moneybag

     
    The Hawk
    The Hawk
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    Posts: 19693
    Posted: May. 9, 2022 - 12:33 PM ET #57

    Worked out great for ODB III.....................not

    Reply

    Worked out great for ODB III.....................not

     
    I_Need_A_Detox
    I_Need_A_Detox
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    Posts: 27139
    Posted: May. 11, 2022 - 6:35 AM ET #58

    Quote Originally Posted by I_Need_A_Detox:

    You don’t buy these things when they’re up 10,000% in a year.  You buy crypto when everyone lost all of their money and nobody believes in it anymore.  Altcoins move in extreme cycles. I don’t know if we’re at the exact top of this cycle but we’re certainly much closer to the top than we are to the bottom.  AVAX $120  LUNA $90  You have a much better chance making serious money shorting here on low leverage than you do buying and holding.  That’s my two cents.

    Luna $2.94 

    Avax $40.00 

     

    sleep2

    Reply

    Quote Originally Posted by I_Need_A_Detox:

    You don’t buy these things when they’re up 10,000% in a year.  You buy crypto when everyone lost all of their money and nobody believes in it anymore.  Altcoins move in extreme cycles. I don’t know if we’re at the exact top of this cycle but we’re certainly much closer to the top than we are to the bottom.  AVAX $120  LUNA $90  You have a much better chance making serious money shorting here on low leverage than you do buying and holding.  That’s my two cents.

    Luna $2.94 

    Avax $40.00 

     

    sleep2

     
    I_Need_A_Detox
    I_Need_A_Detox
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    Posted: May. 12, 2022 - 8:41 PM ET #59

    LUNA price on FTX is currently $0.00003250.

    Seven days ago it was trading at $82.50

    sleep2

    Reply

    LUNA price on FTX is currently $0.00003250.

    Seven days ago it was trading at $82.50

    sleep2

     
    joe pockets
    joe pockets
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    Joined: Jul, 2000
    Posts: 5522
    Posted: May. 13, 2022 - 3:48 PM ET #60

    @I_Need_A_Detox

     A few large players get nervous and the rest are grabbing there @sses! there’s no such thing as a free lunch.

    Reply

    @I_Need_A_Detox

     A few large players get nervous and the rest are grabbing there @sses! there’s no such thing as a free lunch.

     
    Fuse
    Fuse
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    Joined: Mar, 2016
    Posts: 84838
    Posted: May. 14, 2022 - 4:12 PM ET #61

    peace_5

    Learn, be content and stay disciplined.
    Reply

    peace_5

     
    Danny9999
    Danny9999
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    Posts: 2025
    Posted: Dec. 24, 2022 - 11:21 PM ET #62

    $11

    Down 93%

    Reply

    $11

    Down 93%

     
    PepeFrog
    PepeFrog
    Prospect
    Participation Meter
    Joined: Nov, 2020
    Posts: 458
    Posted: Aug. 26, 2024 - 6:40 PM ET #63

    Quote Originally Posted by PepeFrog:

    Bitcoin below $35k right now. It's a good time to buy during this price sale. Bitcoin and Ethereum are the safest crypto to invest in.

    I was correct. That price looks cheap now.

    Reply

    Quote Originally Posted by PepeFrog:

    Bitcoin below $35k right now. It's a good time to buy during this price sale. Bitcoin and Ethereum are the safest crypto to invest in.

    I was correct. That price looks cheap now.

     
    camby700
    camby700
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    Joined: Jan, 2011
    Posts: 34280
    Posted: Sep. 21, 2024 - 5:12 PM ET #64

    Bump

    Reply

    Bump

     
    marmon4270
    marmon4270
    Prospect
    Participation Meter
    Joined: Dec, 2008
    Posts: 112
    Posted: Mar. 11, 2025 - 4:23 PM ET #65

    If you're just starting in crypto, it's good to learn the basics first. Understand how wallets work, the difference between coins and tokens, and how to secure your assets. Stick with major platforms like MEXC or Binance, which have a lot of educational resources and good security measures.

    Also, take advantage of sign-up bonuses to reduce fees. If you’re planning to join MEXC, you might want to use a code to get some extra benefits when signing up. It helps with trading fees, which is useful when you're just getting started.

    Reply

    If you're just starting in crypto, it's good to learn the basics first. Understand how wallets work, the difference between coins and tokens, and how to secure your assets. Stick with major platforms like MEXC or Binance, which have a lot of educational resources and good security measures.

    Also, take advantage of sign-up bonuses to reduce fees. If you’re planning to join MEXC, you might want to use a code to get some extra benefits when signing up. It helps with trading fees, which is useful when you're just getting started.

     
    Merchewka
    Merchewka
    Prospect
    Participation Meter
    Joined: May, 2025
    Posts: 6
    Posted: May. 6, 2025 - 1:04 PM ET #66

    @kings_duce

     

    Totally agree — AVAX definitely feels like a strong contender in the next wave of blockchain innovation. The move toward Web 3.0 and token-based systems is only accelerating. If AVAX can keep up its scalability and developer support, it may be one of the key players in shaping the decentralized future. Exciting times ahead — glad to see others on the same page.

    Reply

    @kings_duce

     

    Totally agree — AVAX definitely feels like a strong contender in the next wave of blockchain innovation. The move toward Web 3.0 and token-based systems is only accelerating. If AVAX can keep up its scalability and developer support, it may be one of the key players in shaping the decentralized future. Exciting times ahead — glad to see others on the same page.

     
    Merchewka
    Merchewka
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    Joined: May, 2025
    Posts: 6
    Posted: May. 7, 2025 - 11:02 AM ET #67

    @CygXanadu

    Yeah, it’s crazy to think how cheap Bitcoin was back in 2010. A lot of people say the same — “If only I had known.” Even $10 back then could’ve changed your life today. But we can’t go back, so the best we can do now is learn from it. There’s always something new coming in crypto. Just gotta stay alert and maybe catch the next big one early.

    Reply

    @CygXanadu

    Yeah, it’s crazy to think how cheap Bitcoin was back in 2010. A lot of people say the same — “If only I had known.” Even $10 back then could’ve changed your life today. But we can’t go back, so the best we can do now is learn from it. There’s always something new coming in crypto. Just gotta stay alert and maybe catch the next big one early.

     
    marmon4270
    marmon4270
    Prospect
    Participation Meter
    Joined: Dec, 2008
    Posts: 112
    Posted: May. 27, 2025 - 9:41 AM ET #68

    Yeah, I hear this kind of story all the time and definitely relate. I messed around with crypto around 2018, mainly altcoins, and barely touched Bitcoin because it felt too expensive at like $6k. Looking back, I wish I had bought and held instead of trying to time trades. I caught some gains during the DeFi summer but gave a lot of it back chasing trends without much strategy. These days I’m more into small Solana-based tokens, not for long holds but more for the early traction. To help with that, I’m trying things like this automated tool that creates trading volume on Solana DEXs. It’s helped get some visibility on newer tokens, especially on places like Pump.Fun and Raydium. You can check it out here:

    Reply

    Yeah, I hear this kind of story all the time and definitely relate. I messed around with crypto around 2018, mainly altcoins, and barely touched Bitcoin because it felt too expensive at like $6k. Looking back, I wish I had bought and held instead of trying to time trades. I caught some gains during the DeFi summer but gave a lot of it back chasing trends without much strategy. These days I’m more into small Solana-based tokens, not for long holds but more for the early traction. To help with that, I’m trying things like this automated tool that creates trading volume on Solana DEXs. It’s helped get some visibility on newer tokens, especially on places like Pump.Fun and Raydium. You can check it out here:

     
     
    superbeets
    superbeets
    Covers Linesmen
    Participation Meter
    Joined: Dec, 2003
    Posts: 18772
    Posted: May. 27, 2025 - 11:25 AM ET #69

    @marmon4270

     Hey bud , I erased your link .. I’m a crypto guy myself BUT to protect everyone here , not going to allow any links to outside sites.  You being in crypto , you should understand ..  there are way to many scams and hackers .. the majority of folks are new and would only take a spammer sending a hack and people can lose everything ..

     Feel free to post what you want but please don’t direct to outside links peace_5

    Reply

    @marmon4270

     Hey bud , I erased your link .. I’m a crypto guy myself BUT to protect everyone here , not going to allow any links to outside sites.  You being in crypto , you should understand ..  there are way to many scams and hackers .. the majority of folks are new and would only take a spammer sending a hack and people can lose everything ..

     Feel free to post what you want but please don’t direct to outside links peace_5

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