Ok, calling all the crypto people to help, I know nothing. Looking at my stupid robinhood app, that I have like one share of Ford in that I forgot about a few years ago, and looking at Monaco and crypto.com as an alternative, any thoughts on where to start (like, $500 investment maybe, that's -all- I can really afford to risk on anything, so not going much higher). @freemo ? Anyone?
@freemo Had a binance account once, they don't seem to do dogecoin, seems I still have around 1 USD balance in random fractions of junk. I'm really kinda just looking at everything and could use a little focus or guidance.
@Atlas_Khan @freemo
I did a thing, hope it wasn't stupid.
"Use my referral link https://crypto.com/app/odwgd7vbu8 to sign up for Crypto.com and we both get $25 USD"
I did a thing, hope it wasn't stupid.
"Use my referral link https://crypto.com/app/odwgd7vbu8 to sign up for Crypto.com and we both get $25 USD"
@Coyote @Atlas_Khan @freemo Not trying to spook you or anything but Crypto.com has really bad reviews on Trustpilot https://uk.trustpilot.com/review/crypto.com
@SADIDAS @Atlas_Khan @freemo Now what's this shit about:
https://www.msn.com/en-us/money/markets/turkey-bans-crypto-bitcoin-value-drops/ar-BB1fJCpz
I picked a weird day to look at crypto, or is it always this weird?
https://www.msn.com/en-us/money/markets/turkey-bans-crypto-bitcoin-value-drops/ar-BB1fJCpz
I picked a weird day to look at crypto, or is it always this weird?
@Coyote @Atlas_Khan @freemo The threat of government intervention is what's holding me back from going all-in on Crypto. I don't like that a bunch of old people who know nothing about tech can just suddenly decide to ban it at a moments notice, especially when you've got journalists making preposterous unprovable claims such as crypto funding the Capitol Hill riot in the attached screenshot.
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Crypto gives massive returns, if there was no risk of any kind that wouldnt be the case, everyone would already be on it as an investment.
In fact what killed the crypto boom back in 2018 was government regulation.
The key for me is knowing when and getting out quick. Investment isnt about if a tech will make it 50 years to the top, only where its going tomorrow. The moment you get a sense that the government may ban it, you get out.
I did this int he 2018 boom and got out at the peak, it isnt hard to do because most people are going to go down with a sinking ship. Being a successful investor is all about sensing the change in wind and acting.
So even if you are right, by not investing in crypto you are still missing out on massive gains.
@freemo @SADIDAS @Coyote yes actual,ya
