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The CryptoCurrency Thread


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1 hour ago, mohit9206 said:

Any good alternatives? I am interested in buying bitcoin in near future and currently most people seem to recommend WazirX

You can check Zebpay, I’ve been using it since the bitcoin was still around 2lakh. 

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2 hours ago, KunjanPSD said:

 

Scam capital of the world. :lol:

Edited by Bird Bird Bird
Scam, not scan.
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On 6/18/2021 at 12:09 PM, mohit9206 said:

Any good alternatives? I am interested in buying bitcoin in near future and currently most people seem to recommend WazirX


Use wazir X just to deposit money, Buy Xrp( very low fees, 0.25 Xrp) and transfer to binance then buy from there.

If want to cash out, transfer to wazir x again and sell

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Use wazir X just to deposit money, Buy Xrp( very low fees, 0.25 Xrp) and transfer to binance then buy from there.

If want to cash out, transfer to wazir x again and sell
What about USDT? Can i buy usdt and transfer to binance and buy bitcoin there?
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1 minute ago, mohit9206 said:
2 minutes ago, SpearHea:D said:
 

What about USDT? Can i buy usdt and transfer to binance and buy bitcoin there?


Yes you can, but USDT fees for transfer is 10 USDT. Thats 700+ Rs wasted. Do with XRP to save that money.

Whatever exchange you use in future always look for Trasnfer fees of coins and decide. Made the same mistake in 2018.

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Can someone create a new discord invite or dm me? jumped into crypto game late but mined my first 1000 bucks for free so I'm interested. Lets put that GPU to work while I game on PS5 :punk: Learning more about bitcoins and will look for investing also apart from just mining.

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8 hours ago, ZooZoo said:

Can someone create a new discord invite or dm me? jumped into crypto game late but mined my first 1000 bucks for free so I'm interested. Lets put that GPU to work while I game on PS5 :punk: Learning more about bitcoins and will look for investing also apart from just mining.

We aren't doing the pool crypto thing right now and not for foreseeable future. That discord is hardly active.

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Took a very small stake in Siacoin. Its been recovering over last 24 hours, went up by 10% for two days and its too undervalued. Still hovering below 1 and it was going for 20+ in April. 

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Just now, ZooZoo said:

Took a very small stake in Siacoin. Its been recovering over last 24 hours, went up by 10% for two days and its too undervalued. Still hovering below 1 and it was going for 20+ in April. 

Adding my mining BTC to Wazir and diversified some deposits in Siacoin, Ada, Dot, Ve and Ripple. Now I'll just hold and add only mining coins to portfolio over next few month. Fingers crossed.

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2 hours ago, ZooZoo said:

Adding my mining BTC to Wazir and diversified some deposits in Siacoin, Ada, Dot, Ve and Ripple. Now I'll just hold and add only mining coins to portfolio over next few month. Fingers crossed.

 

Don't forget 1INCH - UNI - MATIC. All these and the ones you have mentioned have good long term potential. 

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7 hours ago, TAZ said:

 

Don't forget 1INCH - UNI - MATIC. All these and the ones you have mentioned have good long term potential. 

Will have a look at them. Getting back to analyzing pattern thus sticking to those which I mentioned above. Sia, Ve and Dot all three have strong candlestick pattern over 3 days which makes me optimistic but my investment in Ripple and Ada looks dicy based on the patterns they have. Specially ripple is concerning which has a hanging man pattern which usually comes before a dip. Ada has strong financials so I will just HODL and it will recover easily in long term.

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28 minutes ago, ZooZoo said:

Will have a look at them. Getting back to analyzing pattern thus sticking to those which I mentioned above. Sia, Ve and Dot all three have strong candlestick pattern over 3 days which makes me optimistic but my investment in Ripple and Ada looks dicy based on the patterns they have. Specially ripple is concerning which has a hanging man pattern which usually comes before a dip. Ada has strong financials so I will just HODL and it will recover easily in long term.

 

From my experience, Alt coins don't follow any candle stick pattern. They just follow the market sentiments and move with Bitcoin. & I feel we still haven't reached the bottom yet. Maybe another couple of months this bear run will continue. Maybe around Q4 we might see bull run. I am holding back any more investments till BTC reaches 20-22k mark which I believe it will as it just crossed the death cross last week. Though it might reach 35k-37k few times which will give good opportunity to make profits in short run. 

 

Since you will be investing every month you don't need to worry about the prices much (Wish I was in ur place :P

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I'll be investing only the mining bitcoins going forward. Not my own money. :P BTC I wont be buying so their fluctuations dont matter to me much. I did see crypto following patters. Spent some hours going through the charts this morning. I might be rusty since I used to be a portfolio analyst in another lifetime before i switched career. :fear1:

Edited by ZooZoo
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