Date: January 13th, 2018 3:39 PM Author: maniacal gaped nibblets station
Depends. After taxes, do you want a nice little fun story to tell your grandkids someday in the modest home that you've retired in after a long and boring career doing [X]--or the best shot you'll ever have in your young-adult life at making life changing amounts of money for doing almost nothing (and the certainty of living through an objectively wild ride for the next year)?
Date: January 13th, 2018 3:55 PM Author: Aggressive pocket flask
where else is it available anyway? i dont know if its the next ETH or whatever but just from market cap/hype perspective it going to be easy 10X if you can get it before it hits binance
also the shithead worrying about too many ppl buying it is a total idiot
Date: January 13th, 2018 4:02 PM Author: Insanely creepy rigpig space
that's how you get on binance and freefall so fast you can't trade. it's even worse if a bunch of reddit fags went all in. it might be cheaper when it hits binance than when everyone rushes into ed
Date: January 13th, 2018 4:03 PM Author: Black Idea He Suggested
You're underestimating the gigantic number of people that are on the big exchanges that will buy anything new. Also, there are hundreds of thousands of new crypto buyers flooding in that will have no understanding of ED and will just see something skyrocketing and buy it.
Date: January 13th, 2018 4:03 PM Author: Aggressive pocket flask
who cares. you get in early, cash out part after moon. also hype is good for ppl who get in early and even with all the xo/4chan hype 90% of ppl who hold crypto dont know or care about ZIL yet. and then think about all the ppl who are not even in crypto yet but will slowly get into ETH/crypto this year
so we are fine from that perspective. what is not clear is how to get it safely before it hits binance or major exchanges
Date: January 13th, 2018 3:57 PM Author: Insanely creepy rigpig space
kind of strange that "the next eth" is only going to be traded on etherdelta. but that will put you ahead of the masses. even people on 4chan talk about being afraid to use it
Everyone wants ZIL. But not everyone is willing to deal with ED (just read the ED subreddit). But if you manage to secure ZIL before it hits binance or kucoin its like hitting the jackpot
Unfortunstely ED screens out the risk averse, the impatient, and the technically incompetent (like me)
Date: January 13th, 2018 4:04 PM Author: Insanely creepy rigpig space
i've bought payfair leverj and lamden on ed so i'm ok buying zil. but all these noobs are going to be watching youtube tutorials and jumping on there too
basically you download chrome and install metamask extension. metamask is a wallet app. you put eth in metamask wallet or just load your current mew into it. it does multiple wallets. then you unlock it and go to etherdelta site. then you go to the deposit tab and type in eth and click deposit. then you wait a few minutes and click submit when the little metamask window pops up. then it gives you a transaction hash that tells you when your eth has hit the ed wallet. then you click an order and buy it. then you go to the withdraw tab and type in the number in the token box and hit withdraw and wait and click submit when metamask pops up
Date: January 13th, 2018 4:20 PM Author: nudist old irish cottage indirect expression
agreed. if you’re truly risk averse, losing money hurts more than winning money feels great. so the question you should ask is whether you’re likely to make so much money going forward that it’s worth risking your current stack.
i bet if you converted everything to eth and let it ride, you’d generate a risk adjusted return that’ll help you sleep at night. those of us with bigger juevos can seek fortune elsewhere
taking all of your money and tossing it into a top 20ish coin with real upside = better rush than drugs. you could come out with half a million
Date: January 13th, 2018 4:33 PM Author: cyan meetinghouse
makes sense. to extent u are willing to share, what is your amount risked vs total gains vs net worth? i put in peanuts and make a lot more money wagecucking than ive gained from crypto so far, so you'd think that would make me more willing to gamble big
Date: January 13th, 2018 4:38 PM Author: nudist old irish cottage indirect expression
why should that matter? money is money regardless of where it came from. it’s nonsensical to be more risk averse about money you worked for vs money you found on the ground. $1 is $1, and it’s not like you can somehow ever get the wagecucking hours back. so to answer your question this doesn’t really impact my analysis.
i started out with maybe 30% of my net worth, but crypto has exploded to become like 90%+. my analysis would be the same if i just put 90% of my net worth as fresh capital to start. if a coin looks good, i’ll invest. if i need cash on hand or i see no good opportunities, i’d leave the space
Date: January 13th, 2018 4:48 PM Author: fantasy-prone plaza weed whacker
This is such a pumo thing to say. Yes blowing house money is not ideal but there's a difference between coming out of the whole game with a massive loss - which is entirely possible - and just breaking even. The former causes you to be labelled a Moron by everyone in the world, especially your wife, and have less money, and potentially be committed to a mental institution. With the latter, you can just be like, "haha holy shit." It's an emotional thing, but still. State your % jewishness.
Date: January 13th, 2018 4:44 PM Author: fantasy-prone plaza weed whacker
I hit 6 figs today which basically means I've increased my net worth by like 40% and I have zero intention of backing out of any of this shit. I was lucky in that pussing out ~ a week ago out of my initial investment, I chose to sellcuck ADA and XRP. When XRP hit $4, I was sure that I was Retarded and Doomed. I now literally feel as though I am invincible, like they said of Napoleon on the battlefield as he rode his steed headlong into cannon fire. Going to throw insane amount$ at exeunt-approved shitcoins and ngaf.
Date: January 13th, 2018 5:41 PM Author: maniacal gaped nibblets station
CR. That's rule #1--never, ever, ever full cash out. Of any crypto investment. The market is just too young and too volatile.
Even if you take out 90%, leave that last 10% in for the ride. In the long run, it might end up being worth more than the other 90%, and even though in that case you'll hate yourself for sellcucking you'll at least be able to slightly forgive yourself for having the foresight to leave *some* in. Conversely, if you lose the last 10%, who cares--you already came out ahead with the other 90%, and you can consider it a small price to pay for peace of mind as a hedge against the former possibility (which would have left you wanting to jump off a bridge had it come to fruition).