A good friend recently plopped a few hundred bucks into some cryptocurrencies. He’s reallocating more to Dogecoin after losing a couple of hundred. ![]()
And climbing. I’m still cracking up that the only reason I bought it was because of the name. ![]()
Lol. I bought it because it was one of the cheapest per coin on my trading app.
I didn’t save the link, but I understand that the group responsible for the attack on Colonial was shut down because (among other actions), an unknown party seized control of their cryptocurrency wallet.
Coinbase ads have shown up incessantly on my phone…so I relented, downloaded the thing, signed up, verified my identity, and have been watching their “educational videos”.
For each one I watch they give me a bit of various cryptocurrencies.
I now own a little bit of Stellar Lumens, Compund, Bitcoin, SKALE, The Graph, & Ampleforth Governance Token. In total, it’s all currently worth just over $30.
The video for Stellar emphasized how it can be used to transfer money to different currencies (e.g., USD to Euro). I would think that any cryptocurrency would be pretty good at this. Is there something about Stellar that makes it better for that?
This will be useful to me since I’ll have a daughter in Europe for the next two years & it would be nice to not have to pay exorbitant fees to send her money.
Check out Wise. It’s an app. Formerly Transferwise.
It is super easy to use, exchange rates are very competitive and fees are low. Takes and converts all currencies.
My daughter is going to school in the UK. I’ve used it to pay her rent and to easily transfer money to her. She has a Wise account and debit card that she uses. I have a Wise account that’s tied to my bank account. The app recognizes both of us and I can shoot money to her in minutes from computer or phone.
If you pm me your email address, I’ll send you an “invite”. There are some perks for referrals.
From 4x to 5x in 3 hours! Holy crap! ![]()
I added the $30 basket of crap to my “portfolio” as well. No real need to watch the videos, the questions reminded me of HR style trainings where most of the answers were obvious.
Yes…although I had to look a few of them up :oops:
I’m really not sure what to think. Market cap is now around 12B. Bitcoin and ETH are much larger. Polygon and others seem to be solving problems with ETH that I don’t understand at all, but what I’m wondering where we are with all of this. Crypto I think is here to stay in some form, which becomes a bit frightening when you think of what that means to fiscal policies around the globe. I feel like I am convincing myself into making this more than a trivial bet on something.
Lol there didn’t seem to be any penalty for a wrong answer, just pick something else if you got it wrong. I missed a couple of times.
Still going! I’m not yet at 5x but getting close!
polygon isn’t on robinhood. shrug
Sigh. I got CoinBase. Let’s go.
My plan is to make a few million bucks so that I’m wealthy, and then spend it all so I’m rich. I think that’s how it works.
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Can’t wait for the pop once it is listed.
For some dumb reason, I couldn’t get Coinbase to connect to my bank. ![]()
So I’m using Binance.US.
I ended up with both Coinbase and Binance. I started with Coinbase, but had to buy some DOGE, so I downloaded Binance as well.
The fees were stupid on both using a debit card, something I’ll need to fix if I end up taking this more seriously.
Agreed. If you find a better way, do share!
Similarly, I couldn’t get it to connect to WF, so I used Ally instead