Cryptocurrency

[FrontEnder]

lesson learned though...had i left it all in XLM, where I originally started, I owuld have had 60000 of them when I sold near the top....should have had about 4BTC worth by now. Won't be doing that again. Just need to ween myself off the daily checking of prices and leave it to my email alerts

Me too. i bought in and out of ripple 3 times before selling not far off the top and staying out. I haven't done the numbers, but I would have had a fair bit more had I just stayed in.

[FarangMau]

Current ALTs are:
SC, Zen, SALT, GNO, GEO, UKG, DNT, DCR, XMR, BCC, OMG, VTC, XVG, STEEM, 1ST, POWR, RDD, FTC, ADA, ETC, SYS, QTUM, SNT, XEM
Quite a range but only small amounts in each

What sort of amounts did you start with ?

[VirtualMonkey]

What sort of amounts did you start with ?

I always try and put in a minimum of 0.05 in each coin. Some (just a few) have about 0.1BTC or so
where it's gradually got up by 0.05 i try and take that out and put it into another one

[scooterscot]

Verge (XVG) definitely in oversold territory. As is Gnosis (GNO), good grief... bargain at the minute.

[ChimpMaster]

Verge (XVG) definitely in oversold territory. As is Gnosis (GNO), good grief... bargain at the minute.

XVG is still 10 times the BTC price it was 4 or 5 weeks ago. Just thinking that is insane. And it's much the same for so many alts.

So although this crash looks bad, it's nothing when you look beyond the one month chart and that means that we could see a more substantial correction yet.

[Jog On]

XVG is still 10 times the BTC price it was 4 or 5 weeks ago. Just thinking that is insane. And it's much the same for so many alts.

So although this crash looks bad, it's nothing when you look beyond the one month chart and that means that we could see a more substantial correction yet.

Just saw on reddit that the market cap of all crypto is now what it was 23 days ago.

A lot of people who took out mortgages etc are having a very bad time and a lot can't get at the funds they have left, someone has even posted a suicide hotline in the cryptocurrency sub...

How many of us on this thread have -

Put in money we can't afford to lose or borrowed
Put it all into 1 coin
Left it on the exchange

It's a harsh lesson for sure - hope the horror stories don't prompt too much extra regulation to save people from their own greed and stupidity...

[FrontEnder]

Just saw on reddit that the market cap of all crypto is now what it was 23 days ago.

A lot of people who took out mortgages etc are having a very bad time and a lot can't get at the funds they have left, someone has even posted a suicide hotline in the cryptocurrency sub...

How many of us on this thread have -

Put in money we can't afford to lose or borrowed
Put it all into 1 coin
Left it on the exchange

It's a harsh lesson for sure - hope the horror stories don't prompt too much extra regulation to save people from their own greed and stupidity...

I've left plenty on the exchange, but moved a fair chunk out recently.

People who have taken mortgages and loans out are just plain dumb and probably do need saving from their own stupidity. I think the point that needs to be done is at the point of lending rather the point of spending though.

I've not seen anyone here talk about anything like that or putting silly amounts in. I'm yet to cash out my stake, but will only be annoyed and far from suicidal if it all goes to zero.

[VirtualMonkey]

Just saw on reddit that the market cap of all crypto is now what it was 23 days ago.

A lot of people who took out mortgages etc are having a very bad time and a lot can't get at the funds they have left, someone has even posted a suicide hotline in the cryptocurrency sub...

How many of us on this thread have -

Put in money we can't afford to lose or borrowed
Put it all into 1 coin
Left it on the exchange

It's a harsh lesson for sure - hope the horror stories don't prompt too much extra regulation to save people from their own greed and stupidity...

My coins are still on the exchange but I only invested what I was able to afford to lose (regardless of how much more I wanted to put in over the last few months). Have a nice spread of coins now but for a long time was only in 1 or 2

[Lockhouse]

Yes. If you've got £1k to spend do this: 50% today. 50% tomorrow or the day after. If it's lower, you've hedged and bought at a better price overall. If it's higher and you bought in, you've paid for you hedge

Cheers muchly. Caveat emptor and all that.

[psychocandy]

Just saw on reddit that the market cap of all crypto is now what it was 23 days ago.

A lot of people who took out mortgages etc are having a very bad time and a lot can't get at the funds they have left, someone has even posted a suicide hotline in the cryptocurrency sub...

How many of us on this thread have -

Put in money we can't afford to lose or borrowed
Put it all into 1 coin
Left it on the exchange

It's a harsh lesson for sure - hope the horror stories don't prompt too much extra regulation to save people from their own greed and stupidity...

Nope nuts to put in money you can't afford to lose. Might be a bit wassed off but thats it.

Nope got loads of coins.

Nope got most of it on hardware key now.