Crypto thread

Crypto trades "greatly exceeded" PayPal's expectations in Q4, says CEO Dan Schulman. What's more, by late Q1 2021 PayPal merchants will be able to accept crypto payments settled in cash, and trading services will be coming to Venmo

https://twitter.com/cointelegraph/status/1357095154369191937?s=21

YFI 

“We have noticed the v1 yDAI vault has suffered an exploit. The exploit has been mitigated. Full report to follow.” 

https://twitter.com/iearnfinance/status/1357451290561937408?s=21

@I_Need_A_Detox

 I’m attempting to do market trading to obtain more ATOM. Should I use USDT or ETH? I know USDT is stable and ETH is on the rise. Does that matter? 

Like sell ATOM into USDT and hope to buy back more at a lower price? 

You’d want to use USDT for that. That pairing usually has the most volume anyways. 

In crypto you look at two different charts. ATOM/USDT and ATOM/BTC. Right now both charts look great. 

ATOM keeps pushing against it’s all time high in USDT and getting rejected. Typically if it manages to break through it will fly. 

ATOM/BTC is at the bottom of its chart and just starting its uptrend vs BTC. 

ATOM BTC price is currently 0.00026900 — this should climb to 0.0006000+ over the next month or two. This means that if you have 5 BTC worth of ATOM right now in a month or two your ATOM will be worth 12 BTC. 

In these conditions it’s easy to sell into USDT and fomo back in at a higher price or watch the train leave the station without you. 

Trying to buy Atom. I deposited $1000 worth of ETH into my margin account. Should I convert that to USDT to buy ATOM or use the ETH. the 10x feature is available for both ETH and USDT for more purchase power.  

Depending on what exchange if you use ATOM/ETH you’re betting that ATOM will outperform ETH. 

ATOM/USDT is ATOM vs USDT. 

So I would use ATOM/USDT. 

But be careful it’s already up 18% in the last 24h. Although I do think it’s going to fly. 

Thanks for helping me out man. I converted ETH to USDT and then bought ATOM. I think I did it correctly. 

Holy fuck 

Sold 33% into Bitcoin at $12.60 

Discovered margin trading just in time. 

@I_Need_A_Detox

 Are you selling 33% Atom into BTC for security or is it because BTC are going to pump? 

Sold 33% into btc because I had my net worth in atom and it went up 40% in 5 hours and I felt like I was going to pass out 

I still think it’s strong. Should get into the mid 20’s within a month or so. 

It has a major release Feb 18 — if everything goes according to plan it could really fly. 

This price action makes me think insiders know everything will go according to plan. 

Crazy 

Bought some Bella Protocol (BEL) 

currently $2.25 

https://bella.fi

Not much, just $72,000.00 worth after 7 minutes of extensive research 

Good luck with it man. KuCoin doesn’t offer that one. 

Buying DeFiner (FIN) as well 

Currently $0.46 

https://definer.org

Thanks. Still mostly in ATOM. 

I’d like to see $20+ leading up to the Feb 18th release 

Now 20% into Hegic, Crust Network, Bella Protocol and a small bag of DeFiner 

40% BTC 

40% ATOM 

I feel overexposed with 40% ATOM at this price. I loved it at $7.80. Don’t think I should have 40% at $12. 

I wish I thought of Litecoin a little earlier. That’s what I want something kind of stable but with upside. Maybe Monero?  

Not too comfortable at the moment... big moves throw me off a bit. My brain hurts from thinking. 

40% BTC 

25% ATOM 

20% DeFi shitcoins 

15% USDT 

I’m not as knowledgeable in shitcoins but what I do know is more and more institutions are investing in BTC. 

@I_Need_A_Detox

 So no more polkadot in your portfolio? Thought you were bullish on it?

I was when it was $4... That was 500% ago. 

I still think it’s the 2nd best project but I think there are better buys out there. 

Eying COTI 

Currently $0.065 

Market Cap $47m 

Rank 331