• Print

Topic: cryptocurrency  (Read 21379 times)

UGetPaid

    US flag
    View Profile
  • Gold Member
  • ********
  • Posts: 3140 (since 2015)
  • Thanked: 190x
Re: cryptocurrency
« Reply #75 on: January 02, 2022, 06:32:52 pm »
You don't NEED the computer to keep from losing your cryptocurrency. If your computer locks up, you still have full access to your funds IF you have the key/seed words safe and secure somewhere. The guy who lost tens of thousands of dollars of crypto lost it when they were worth virtually nothing and had no obvious value. He had no idea that years later a few pennies would have increased to six figures.


It wasn't the COMPUTER that held the key to unlocking his crypto vault. It was just a dumb move on his part to not save the access codes.


I have an undisclosed amount of crypto. I access that crypto with my computer. If my computer died tomorrow, all of my crypto would be safe and accessible to me because I have my seed words (or private keys) to my crypto saved and locked up in a secure vault.

sipingyu

    US flag
    View Profile
  • Elite Member
  • ******
  • Posts: 844 (since 2019)
  • Thanked: 13x
Re: cryptocurrency
« Reply #76 on: January 03, 2022, 06:53:21 am »
Yes, I have invested through the coinbase platform. Paypal also offers it and I see it being available in more places. I only invest a small amount as I am learning more about it myself.

Mulihancic

    US flag
    View Profile
  • Newbie
  • *
  • Posts: 3 (since 2022)
  • Thanked: 0x
Re: cryptocurrency
« Reply #77 on: January 17, 2022, 05:32:36 am »
If you don't understand something, don't judge it. I mean, don't even try to convince your kids to stop working with crypto. It will last for a very long time, and as soon as we can make money out of it, we should use this momentum! I was somewhat skeptical about crypto back in 2017 when my son advised me to invest in Bitcoin. Well, now I regret missing that opportunity. However, I made my mind up pretty fast, and now I'm trading crypto. Now, I'm looking to change my broker. I read the comparisons on asktraders.com, and I think the best choice has to be eToro. Has anyone worked with them?
« Last Edit: January 17, 2022, 09:46:20 am by Mulihancic »

Cinthya98

    US flag
    View Profile
  • Newbie
  • *
  • Posts: 1 (since 2022)
  • Thanked: 0x
Re: cryptocurrency
« Reply #78 on: March 02, 2022, 08:51:12 am »
Trust me, and it will last for a very long time. I was also pretty skeptical about crypto back in the day, and I thought it would be around for a couple of months, maybe a year or two. Well, that was back in 2017, when bitcoin reached 5.000 dollars level for the first time. We're already in 2022, and the crypto market is only getting better and better. That's why I invest so much in tokens like https://recentcoin.com/token/carinet-token-cit-0xc54083e7. Man, it's all about the future, so we shouldn't miss these opportunities.
« Last Edit: March 02, 2022, 08:11:59 pm by Cinthya98 »

sipingyu

    US flag
    View Profile
  • Elite Member
  • ******
  • Posts: 844 (since 2019)
  • Thanked: 13x
Re: cryptocurrency
« Reply #79 on: March 02, 2022, 03:10:28 pm »
My son who is 13 is looking to cryptocurrency and NFTs. I am amazed how quickly kids understand these concepts, much faster than me for sure.

dsawan

    US flag
    View Profile
  • Platinum Member
  • *********
  • Posts: 4784 (since 2011)
  • Thanked: 46x
Re: cryptocurrency
« Reply #80 on: March 03, 2022, 03:16:28 am »
I still tryin to learn this but ya gott akeep at it

ccandpam

    US flag
    View Profile
  • Platinum Member
  • *********
  • Posts: 4083 (since 2009)
  • Thanked: 94x
Re: cryptocurrency
« Reply #81 on: March 04, 2022, 04:52:02 am »
I have never really understood Cryptocurrancy so I just stay away from it.

mrisha

    US flag
    View Profile
  • Platinum Member
  • *********
  • Posts: 6716 (since 2009)
  • Thanked: 94x
Re: cryptocurrency
« Reply #82 on: March 04, 2022, 01:47:08 pm »
I Don't fully understand cryptocurrency.  So I stay away until I do.
*Image Removed*

UGetPaid

    US flag
    View Profile
  • Gold Member
  • ********
  • Posts: 3140 (since 2015)
  • Thanked: 190x
Re: cryptocurrency
« Reply #83 on: March 06, 2022, 05:28:01 am »
I Don't fully understand cryptocurrency.  So I stay away until I do.


I don't fully understand [the intricate details of] cryptocurrency, but I got in when I did and I have grown my initial investment many times over for getting in when I did. If I had waited until I fully understood it (which I still do not, but understand it enough), I would have missed out of a lot of that growth.

calendria

    US flag
    View Profile
  • Gold Member
  • ********
  • Posts: 2882 (since 2008)
  • Thanked: 98x
Re: cryptocurrency
« Reply #84 on: March 06, 2022, 10:39:07 am »
 :cat:

Scary to put money in and watch it disappear! .  Am doing that now with my 401K bal I transferred to an IRA, and wathing it while it's steadily decreasing since Covid.

MP402015

    US flag
    View Profile
  • Newbie
  • *
  • Posts: 7 (since 2022)
  • Thanked: 0x
Re: cryptocurrency
« Reply #85 on: March 06, 2022, 08:49:10 pm »
  Tried, but I'm still not so sure about it. I bought and sell coz really I'm not sure what I'm doing, oh well.....
;-)

Zebbanon

    US flag
    View Profile
  • Newbie
  • *
  • Posts: 10 (since 2022)
  • Thanked: 0x
Re: cryptocurrency
« Reply #86 on: March 28, 2022, 08:31:20 am »
Well, it seems like a good source of income, but a really unstable and risky one. I'm not into that, and I think that a person with an online store has more chances to become successful. That's what I'm working on right now, and magento shop helps me develop a reliable website, so hopefully, it won't take me long to start profiting.

calendria

    US flag
    View Profile
  • Gold Member
  • ********
  • Posts: 2882 (since 2008)
  • Thanked: 98x
Re: cryptocurrency
« Reply #87 on: March 28, 2022, 01:55:30 pm »
 :cat:

The debate is on!  Taxes are coming to this industry, and accountability!  Wait for it  ...   :sweat:
« Last Edit: March 28, 2022, 02:01:37 pm by calendria »

oldbuddy

    US flag
    View Profile
  • Platinum Member
  • *********
  • Helpful Contributor Helpful Contributor
  • Posts: 11700 (since 2007)
  • Thanked: 605x
Re: cryptocurrency
« Reply #88 on: March 29, 2022, 11:27:41 am »
:cat:

The debate is on!  Taxes are coming to this industry, and accountability!  Wait for it  ...   :sweat:
The only way this will work, is if they accept Crypto to pay the taxes too.

sipingyu

    US flag
    View Profile
  • Elite Member
  • ******
  • Posts: 844 (since 2019)
  • Thanked: 13x
Re: cryptocurrency
« Reply #89 on: April 03, 2022, 07:14:33 am »
I heard that you can buy it on paypal now and at lower amount. Might be an easier way to give it a try if you have a paypal account.

  • Print
 

Related Topics

  Subject / Started by Replies Last post
6 Replies
1079 Views
Last post October 05, 2022, 04:49:07 am
by UGetPaid
cryptocurrency

Started by Faraon23 « 1 2 » in Off-Topic

15 Replies
1514 Views
Last post May 18, 2024, 11:45:29 am
by jackkyy
9 Replies
1344 Views
Last post September 20, 2024, 01:05:37 am
by Cookie522
cryptocurrency

Started by gatodi9227 « 1 2 » in Off-Topic

18 Replies
2302 Views
Last post October 02, 2024, 10:14:27 am
by Vredeneev
5 Replies
1032 Views
Last post August 23, 2024, 03:03:43 am
by AgustinLooney