Log In

Your email is not your username

Register

If you were a member of the old Bodybuilding.com forums and would like to reuse your previous username, you can request it below. We use your email only for registration and do not store it. For more information, please see our Privacy Policy.

Confirm your email

A registration code was sent to your email. Enter it here.

Welcome

You have successfully setup your account.

Sign in

Forum: Education/Career/Finance

Share your success tips and stories. We''re all gonna make it!

Title / Thread Starter Last Post By Replies Views
"Bitcoin will reach 500k+" LMAO @ Crypcels
SEOUL (Reuters) - South Korea’s government said on Thursday it plans to ban cryptocurrency trading, sending bitcoin prices plummeting and throwing the virtual coin market into turmoil as the nation’s police and tax authorities raided local exchanges on alleged tax evasion.
Brutal. Better Kijiji or Craigslist or however you convert that illiquid garbage to cash ASAP. Hopefully there are still some suckers left. Maybe you can buy a coffee with the spare change you get from selling the "e-wallet" LMAO
Buffett on cryptocurrencies: 'I can say almost with certainty that they will come to a bad ending'
Warren B dropping knowledge. Inb4 misc Crypcels are smarter than the Omaha Oracle.
  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
Last post by: Vbrah, 01-17-2018, 01:17 PM
131 posts
35,402 views
  1. Vbrah
  2. 01-17-2018, 01:17 PM
131 35,402
MISC Crypto Crew (MCC) Vol 8: Running a Tron on Linda
OG thread:https://forum.obnoxiousbrutes.com/showt...hp?t=173249701

Vol. 1:https://forum.obnoxiousbrutes.com/showt...hp?t=174270261

Vol. 2:https://forum.obnoxiousbrutes.com/showt...hp?t=174590131

Vol. 3:https://forum.obnoxiousbrutes.com/showt...hp?t=174863441

Vol. 4:https://forum.obnoxiousbrutes.com/showt...hp?t=175032101

Vol. 5:https://forum.obnoxiousbrutes.com/showt...hp?t=175123511

Vol. 6:https://forum.obnoxiousbrutes.com/showt...hp?t=175167371

Vol. 7:https://forum.obnoxiousbrutes.com/showt...hp?t=175210891






The two "big" Crypto's are Bitcoin (the OG) and Ethereum (ETH). There are hundreds, maybe even thousands of other coins but all flow through ETH/BTC (mostly BTC). As a trader you will mostly be trading your $$ into Bitcoin to invest in these other coins.

Bitcoin -Bitcoin Summary

Ethereum -
Ethereum for Everyone
Beginner's Guide to ETH


Where do I go if I want to get in on this???

The only ways to buy bitcoin/ethereum with your dollars are through these things called exchanges.

Examples of exchanges:

(Dollars -> BTC/ETH)

Coinbase- most newb friendly/high fees. You can buy Bitcoins and Ethereum here with your dollars.

~~~RECOMMENDED EXCHANGES (for US brahs)~~~

GDAX- owned by Coinbase. Lower fees. Cons - requires a SSN which not everyone is comfortable with

Gemini- low fees, nice interface. Cons - Takes time to get verified so you can make deposits

------------------------------------------------------------------------------

Canadian brahs use
QuadrigaCX

from these above exchanges, you can take your dollars and convert them to Ethereum or Bitcoins. Now..you could just hold these coins and be happy, or you could explore into the world of alt coins.

Australian brahs use these to put FIAT into crypto
www.coinspot.com.au(you pay a premium but you also sell at a premium on this exchange so it’s ok)

www.btcmarkets.net

Or you can use coinbase (you can buy here but you can’t sell)

(BTC -> alt coins)

Binance

KuCoin

Bittrex


Common Terminology Used

Glossary of terms

Useful links

Coin Market Cap- Basically an index of all coins with how much volume is being traded, price, %change, market cap, and also has a tab where you can see exactly which exchanges any particular coin is being traded on. HIGHLY RECOMMENDED

Bitcointalk - large gathering of coin talk

CryptoWatch - Price tracker for coins

Ethtrader subreddit - Home of all the ETH bag holders. Good discussions there

/r/CryptoCurrency - Random discussions about random cryptos here

http://www.coindesk.com- Overview of what's going on in the crypto world

http://cryptopanic.com- An aggregator of various crypto sites and news, filterable. I use the pro version to customize the feeds but the free version is good enough for most.

http://cryptomaps.org- Visualization of price across different segments, primarily hashing functions and ICO release dates

http://onchainfx.com- A better version of coin market cap, has all sort of columns and you can add flags. Only downside is it only has 61 cryptos, but its always adding news ones.

http://icotracker.net- I like this site for looking at what ICO are coming up

http://icobench.com- Another ICO tracker which does nice summaries, shows teams, milestones, financials and gives a rating for each ICO

http://solume.io- compares the number of Twitter mention increase decrease to price

http://eveningstar.io- this is basically like Morning Star except for cryptos

https://bitcoin.tax- for calculating taxes owed on your crypto gains


Great, I've got my coins now. HOW DO I KEEP MYSELF SECURE???

General security tips

Also consider getting a Nano Ledger/off-exchange wallet

[General investing tips]

1) Don't have more than 5-10% of your entire investment portfolio in crypto, and only invest what you can afford to have locked in for the long term.

2) Don't chase a pump

Never buy on rapid upswing on the candlestick chart if you're not sure why it happened and can't figure it out. The reason is likely that it is a Pnd. PnD is "Pump and dump" and it refers to a trading scam where people organize to coordinate the laddered purchase of an asset, then wait for others to come in at some delay and further increase the price before coordinating the unloading of their position once a specific price target is reached. This is illegal in the stock markets, but since cryptomarkets are unregulated such schemes are rampant. There are many PnD groups and today they are largely organized on Discord channels. They are now structured into tiers where the top tiers get a signal earlier than the bottom tiers and usually by the time the bottom tiers get the signal its too late, so unless you pay money to part of the top tier or have a connection with the admins its not even profitable. They are bad for the market as a whole and they prey on those who are looking for short term moons to latch onto. Don't look for things that you think will moon today, look for investments.

3) Holding will give you more returns over a year than day trading.

You will find that most people who made six figures or more in crypto did it by holding over the long term, very few get rich by day trading. That said you should definitely learn a few indicators to see if you're getting in at a reasonable entry point. I find that the MACD (moving average convergence divergence), RSI (relative strength index), market depth and support-resistance lines are the most useful indicators for crypto. MACD is useful for looking at where the long term price should be in divergence to the short term movement, RSI gives you an 0-1 rating of how overbought/oversold it is and support-resistance lines gives you a floor and ceiling for how high it will move in your buying period. If you do short term trading, do it when you have high certainty that a specific news will lead to an increase. Some of these specific events are: upcoming roadmap item releases, fork airdrops, exchange additions and partnerships. Short term buys like this are smart moves based on some underlying value assumption being changed, trading purely on volume and patterns is generally akin to gambling on markets that are as inefficient as most cryptoassets.

4) Take your time and research what you are putting your money into.

I cannot stress this enough, you are buying an asset with your hard earned money, and it should have some utility. Start by reading the whitepaper that is on the main site for the coin. You can avoid a lot of scams by simply critically evaluating the question: "Why does this coin exist?" Is it simply trying to apply a blockchain to something that doesn't need it or is there a transactional inefficiency/problem that the unique properties of the blockchain can solve? Ask yourself what value the actual token would have in the ecosystem its part of. Does it pay out some kind of dividend like some coins, or is its value in that its used as part of transaction fees and is thus being burned? You can make a simple checklist for every crypto and just answer these questions to yourself for each coin you look at:

What is the problem or transactional inefficiency the coin is trying to solve?

What is the Dev Team like? What is their track record? How are they funded, organized?

Who is their competition and how big is the market they're targeting? What is the roadmap they created?

How will they attract their target market, how is their marketing?

How does the coin derive its value? Is there some sort of dividend structure, profit sharing plan, or is it a store of value within a digital economy? What is the float schedule like going forward (ie. how many coins will be released or burned)?

5) Learn to recognize FOMO when it arises within you

If you ever feel this itch to get in on an rapid upswing because you don't want to miss out on some new development that is causing it, stop yourself from knee jerk reacting to this feeling. This is called FOMO: "Fear of missing out" and its what drives the market now. It happens to everyone and it leads to emotional investing and knee jerk buying/selling.

6) Recognize that lots of people actually are also losing money.

Right now there is a confirmation bias happening where people who get quick gains go out and brag to all their friends all over social media, leading to this illusion that making money trading crypto is a surefire way to make money. That dopamine fix you get from seeing the position double will make you feel like a genius and its human nature to want to advertise it. What you forget is that those who lose money keep quiet about it and don't advertise their failure.

7) Accept that you will miss out on a lot of moon missions, and that's perfectly okay

Right now the crypto market is like a giant dumb money party filled with coked up headless chickens running around throwing money at every ****coin with a low nominal price hoping it goes to $10,000 like Bitcoin. Everyone is a genius in a bull market, and this creates a feedback loop of more money come in. You will miss out on these gains, but don't let that get to you. By taking your time to make your decisions you end up focusing on the fundamentals rather than short term movements.

8) Think of not only individual position, but how they fit in your portfolio and your diversification

Its good to diversify across different opportunities, but too much diversification is just saying you don't feel confident about your positions and are just casting a wide net hoping to hook something. Generally 6-12 positions is the ideal diversification spread in my opinion. It gives you a good spread across sectors, doesn't spread you too thin and any more than that is too much to keep track of.

Your risk toerance should dictate how much you allocate between your Core holdings (which are generally considered more "safe" since Bitcoin and Ethereum will be around for a long time) and the various segments. I personally am okay with a 30% core holdings, 70% across various other segments. However 60/40 splits between core and other segments is probably a good starting point for most newbies. You can make visualizations in excel with pie charts and keep tabs on your segment allocation.

[b]9) Try to not check your portfolio more than once a day.[/b]
  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. ...
  8. 307
Last post by: yuja, 01-17-2018, 01:14 PM
9,186 posts
663,906 views
  1. yuja
  2. 01-17-2018, 01:14 PM
9,186 663,906
MISC Crypto Crew (MCC) Vol 7: [New Year Edition] Reading Charts Vs Throwing darts
OG thread:https://forum.obnoxiousbrutes.com/showt...hp?t=173249701

Vol. 1:https://forum.obnoxiousbrutes.com/showt...hp?t=174270261

Vol. 2:https://forum.obnoxiousbrutes.com/showt...hp?t=174590131

Vol. 3:https://forum.obnoxiousbrutes.com/showt...hp?t=174863441

Vol. 4:https://forum.obnoxiousbrutes.com/showt...hp?t=175032101

Vol. 5:https://forum.obnoxiousbrutes.com/showt...hp?t=175123511

Vol. 6:https://forum.obnoxiousbrutes.com/showt...hp?t=175167371






The two "big" Crypto's are Bitcoin (the OG) and Ethereum (ETH). There are hundreds, maybe even thousands of other coins but all flow through ETH/BTC (mostly BTC). As a trader you will mostly be trading your $$ into Bitcoin to invest in these other coins.

Bitcoin -Bitcoin Summary

Ethereum -
Ethereum for Everyone
Beginner's Guide to ETH


Where do I go if I want to get in on this???

The only ways to buy bitcoin/ethereum with your dollars are through these things called exchanges.

Examples of exchanges: (links to each exchange will be added later)

(Dollars -> BTC/ETH)

Coinbase- most newb friendly/high fees. You can buy Bitcoins and Ethereum here with your dollars.

~~~RECOMMENDED EXCHANGES (for US brahs)~~~

GDAX- owned by Coinbase. Lower fees. Cons - requires a SSN which not everyone is comfortable with

Gemini- low fees, nice interface. Cons - Takes time to get verified so you can make deposits

------------------------------------------------------------------------------

Kraken- Similar wait time to get verified as Gemini, if not longer. I don't personally use Kraken but others do

Canadian brahs use
QuadrigaCX

from these above exchanges, you can take your dollars and convert them to Ethereum or Bitcoins. Now..you could just hold these coins and be happy, or you could explore into the world of alt coins.

Australian brahs use these to put FIAT into crypto
www.coinspot.com.au(you pay a premium but you also sell at a premium on this exchange so it’s ok)

www.btcmarkets.net

Or you can use coinbase (you can buy here but you can’t sell)

(BTC -> alt coins)

Bittrex

Poloniex

Kraken also has a altcoins, being one of the only exchanges with USD -> BTC/ETH as well as BTC/ETH -> alt coins

Liquio,EtherDelta,Bitfinexare some other exchanges

Binance

Common Terminology Used

Glossary of terms

Way too many to list so I will just put down a few most commonly used, please refer to the link above ^ for a broader list of terms. Google is your friend!

Fiat - Government-issued currency, such as the US dollar.

ICO - Initial coin offering. Crypto's version of an IPO

FOMO - Fear of missing out.

FUD - Fear, Uncertainty, Doubt. Basically people spreading chit to try and get ppl scared so they'll sell at inopportune moments

Hodl - hold on for dear life

Pump And Dump - The recurring cycle of an altcoin getting a ton of attention, leading to a fast price increase, and then of course followed by a huge crash.

Shilling / pumping - Someone essentially advertising another crypto-currency for their own personal gain. If a coin is promised to cure cancer or be the second coming of Jesus, it's being shilled.

Altcoin - Generally any crypto-currency other than Bitcoin or Ethereum. (Though some Bitcoin folks would probably still say Ethereum is an altcoin)

ATH - All time high

Bearish - Expecting prices to decrease

Bullish - Expecting prices to increase

Going long - A margin trade that profits if the price increases.

Going short -A margin trade that profits if the price decreases.

MEW - MyEtherWallet


Useful links

OP's #1 recommended intro guide to crypto
https://mycrypto.guide/#what

Coin Market Cap- Basically an index of all coins with how much volume is being traded, price, %change, market cap, and also has a tab where you can see exactly which exchanges any particular coin is being traded on. HIGHLY RECOMMENDED

Coin Crew (run by a MISC brah, a summary of things that happen in this thread/coins to watch out for

Bitcointalk - large gathering of coin talk

CryptoWatch - Price tracker for coins

Countdown for all ICOs

Ethtrader subreddit - Home of all the ETH bag holders. Good discussions there

/r/CryptoCurrency - Random discussions about random cryptos here

Bitcoin subreddit - Mothership coin gets a mention here

Great, I've got my coins now. HOW DO I KEEP MYSELF SECURE???

General security tips

Also consider getting a Nano Ledger/off-exchange wallet

[General investing tips]

-!!!!GOLDEN RULE!!! - Don't invest more than you are willing to lose. Crypto can be great profits but it can all disappear in an instant as well

-Do YOUR OWN research on any coin before making an investment in it. Don't just listen to some other person and buy it without doing your due diligence. A lot of people will talk up any coin they own shares up (shilling) while some may even spread FUD about other coins

-General ideas of coins with potential: good dev team, solid community (active subreddit/slack channels), small market cap (WITH POTENTIAL TO GROW), and of course..a great product

-Don't panic sell your coins just because they're having a bad day. If you believe in the coin, the technology, and the devs...BUY THE ****ING DIP!!

Hall of Fame MCC coins (coins recommended in previous threads that blew up]

-Antshares/Neo (NEO)

-Waltonchain (WTC)

-OmiseGo (OMG)
  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. ...
  8. 318
Last post by: boostnlol, 01-09-2018, 04:21 PM
9,536 posts
931,100 views
  1. boostnlol
  2. 01-09-2018, 04:21 PM
9,536 931,100
MISC Crypto Crew (MCC) Vol 6: Christmas Edition; Battle of the Chads
OG thread:https://forum.obnoxiousbrutes.com/showt...hp?t=173249701

Vol. 1:https://forum.obnoxiousbrutes.com/showt...hp?t=174270261

Vol. 2:https://forum.obnoxiousbrutes.com/showt...hp?t=174590131

Vol. 3:https://forum.obnoxiousbrutes.com/showt...hp?t=174863441

Vol. 4:https://forum.obnoxiousbrutes.com/showt...hp?t=175032101

Vol. 5:https://forum.obnoxiousbrutes.com/showt...hp?t=175123511






The two "big" Crypto's are Bitcoin (the OG) and Ethereum (ETH). There are hundreds, maybe even thousands of other coins but all flow through ETH/BTC (mostly BTC). As a trader you will mostly be trading your $$ into Bitcoin to invest in these other coins.

Bitcoin -Bitcoin Summary

Ethereum -
Ethereum for Everyone
Beginner's Guide to ETH


Where do I go if I want to get in on this???

The only ways to buy bitcoin/ethereum with your dollars are through these things called exchanges.

Examples of exchanges: (links to each exchange will be added later)

(Dollars -> BTC/ETH)

Coinbase- most newb friendly/high fees. You can buy Bitcoins and Ethereum here with your dollars.

~~~RECOMMENDED EXCHANGES (for US brahs)~~~

GDAX- owned by Coinbase. Lower fees. Cons - requires a SSN which not everyone is comfortable with

Gemini- low fees, nice interface. Cons - Takes time to get verified so you can make deposits

------------------------------------------------------------------------------

Kraken- Similar wait time to get verified as Gemini, if not longer. I don't personally use Kraken but others do

Canadian brahs use
QuadrigaCX

from these above exchanges, you can take your dollars and convert them to Ethereum or Bitcoins. Now..you could just hold these coins and be happy, or you could explore into the world of alt coins.

Australian brahs use these to put FIAT into crypto
www.coinspot.com.au(you pay a premium but you also sell at a premium on this exchange so it’s ok)

www.btcmarkets.net

Or you can use coinbase (you can buy here but you can’t sell)

(BTC -> alt coins)

Bittrex

Poloniex

Kraken also has a altcoins, being one of the only exchanges with USD -> BTC/ETH as well as BTC/ETH -> alt coins

Liquio,EtherDelta,Bitfinexare some other exchanges

Binance

Common Terminology Used

Glossary of terms

Way too many to list so I will just put down a few most commonly used, please refer to the link above ^ for a broader list of terms. Google is your friend!

Fiat - Government-issued currency, such as the US dollar.

ICO - Initial coin offering. Crypto's version of an IPO

FOMO - Fear of missing out.

FUD - Fear, Uncertainty, Doubt. Basically people spreading chit to try and get ppl scared so they'll sell at inopportune moments

Hodl - hold on for dear life

Pump And Dump - The recurring cycle of an altcoin getting a ton of attention, leading to a fast price increase, and then of course followed by a huge crash.

Shilling / pumping - Someone essentially advertising another crypto-currency for their own personal gain. If a coin is promised to cure cancer or be the second coming of Jesus, it's being shilled.

Altcoin - Generally any crypto-currency other than Bitcoin or Ethereum. (Though some Bitcoin folks would probably still say Ethereum is an altcoin)

ATH - All time high

Bearish - Expecting prices to decrease

Bullish - Expecting prices to increase

Going long - A margin trade that profits if the price increases.

Going short -A margin trade that profits if the price decreases.

MEW - MyEtherWallet


Useful links

OP's #1 recommended intro guide to crypto
https://mycrypto.guide/#what

Coin Market Cap- Basically an index of all coins with how much volume is being traded, price, %change, market cap, and also has a tab where you can see exactly which exchanges any particular coin is being traded on. HIGHLY RECOMMENDED

Coin Crew (run by a MISC brah, a summary of things that happen in this thread/coins to watch out for

Bitcointalk - large gathering of coin talk

CryptoWatch - Price tracker for coins

Countdown for all ICOs

Ethtrader subreddit - Home of all the ETH bag holders. Good discussions there

/r/CryptoCurrency - Random discussions about random cryptos here

Bitcoin subreddit - Mothership coin gets a mention here

Great, I've got my coins now. HOW DO I KEEP MYSELF SECURE???

General security tips

Also consider getting a Nano Ledger/off-exchange wallet

[General investing tips]

-!!!!GOLDEN RULE!!! - Don't invest more than you are willing to lose. Crypto can be great profits but it can all disappear in an instant as well

-Do YOUR OWN research on any coin before making an investment in it. Don't just listen to some other person and buy it without doing your due diligence. A lot of people will talk up any coin they own shares up (shilling) while some may even spread FUD about other coins

-General ideas of coins with potential: good dev team, solid community (active subreddit/slack channels), small market cap (WITH POTENTIAL TO GROW), and of course..a great product

-Don't panic sell your coins just because they're having a bad day. If you believe in the coin, the technology, and the devs...BUY THE ****ING DIP!!

Hall of Fame MCC coins (coins recommended in previous threads that blew up]

-NEO

-WTC

-OMG
  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. ...
  8. 303
Last post by: HelpfulBrah, 12-31-2017, 10:51 PM
9,072 posts
175,185 views
  1. HelpfulBrah
  2. 12-31-2017, 10:51 PM
9,072 175,185
MISC Crypto Crew (MCC) Vol.5: Bitcoin Wars Episode V: Back to the Futures
11-02-2016 to 06-21-2017
OG thread:https://forum.obnoxiousbrutes.com/showt...hp?t=173249701
06-21-2017 to 08-17-2017
Vol. 1:https://forum.obnoxiousbrutes.com/showt...hp?t=174270261
08-17-2017 to 10-11-2017
Vol. 2:https://forum.obnoxiousbrutes.com/showt...hp?t=174590131
10-11-2017 to 11-16-2017
Vol. 3:https://forum.obnoxiousbrutes.com/showt...hp?t=174863441
11-16-2017 to 12-9-2017
Vol. 4:https://forum.obnoxiousbrutes.com/showt...hp?t=175032101




The two "big" Crypto's are Bitcoin (the OG) and Ethereum (ETH). There are hundreds, maybe even thousands of other coins but all flow through ETH/BTC (mostly BTC). As a trader you will mostly be trading your $$ into Bitcoin to invest in these other coins.

Bitcoin -Bitcoin Summary

Ethereum -
Ethereum for Everyone
Beginner's Guide to ETH


Where do I go if I want to get in on this???

The only ways to buy bitcoin/ethereum with your dollars are through these things called exchanges.

Examples of exchanges: (links to each exchange will be added later)

(Dollars -> BTC/ETH)

Coinbase- most newb friendly/high fees. You can buy Bitcoins and Ethereum here with your dollars.

~~~RECOMMENDED EXCHANGES (for US brahs)~~~

GDAX- owned by Coinbase. Lower fees. Cons - requires a SSN which not everyone is comfortable with

Gemini- low fees, nice interface. Cons - Takes time to get verified so you can make deposits

------------------------------------------------------------------------------

Kraken- Similar wait time to get verified as Gemini, if not longer. I don't personally use Kraken but others do

Canadian brahs useQuadrigaCX

from these above exchanges, you can take your dollars and convert them to Ethereum or Bitcoins. Now..you could just hold these coins and be happy, or you could explore into the world of alt coins.

(BTC -> alt coins)

Bittrex

Poloniex

Kraken also has a altcoins, being one of the only exchanges with USD -> BTC/ETH as well as BTC/ETH -> alt coins

Liquio,EtherDelta,Bitfinexare some other exchanges

Binance

Common Terminology Used

Glossary of terms

Way too many to list so I will just put down a few most commonly used, please refer to the link above ^ for a broader list of terms. Google is your friend!

Fiat - Government-issued currency, such as the US dollar.

ICO - Initial coin offering. Crypto's version of an IPO

FOMO - Fear of missing out.

FUD - Fear, Uncertainty, Doubt. Basically people spreading chit to try and get ppl scared so they'll sell at inopportune moments

Hodl - Crypto folk's version of the word "hold"

Pump And Dump - The recurring cycle of an altcoin getting a ton of attention, leading to a fast price increase, and then of course followed by a huge crash.

Shilling / pumping - Someone essentially advertising another crypto-currency for their own personal gain. If a coin is promised to cure cancer or be the second coming of Jesus, it's being shilled.

Altcoin - Generally any crypto-currency other than Bitcoin or Ethereum. (Though some Bitcoin folks would probably still say Ethereum is an altcoin)

ATH - All time high

Bearish - Expecting prices to decrease

Bullish - Expecting prices to increase

Going long - A margin trade that profits if the price increases.

Going short -A margin trade that profits if the price decreases.

MEW - MyEtherWallet


Useful links

OP's #1 recommended intro guide to crypto
https://mycrypto.guide/#what

Coin Market Cap- Basically an index of all coins with how much volume is being traded, price, %change, market cap, and also has a tab where you can see exactly which exchanges any particular coin is being traded on. HIGHLY RECOMMENDED

Coin Crew (run by a MISC brah, a summary of things that happen in this thread/coins to watch out for

Bitcointalk - large gathering of coin talk

CryptoWatch - Price tracker for coins

Countdown for all ICOs

Ethtrader subreddit - Home of all the ETH bag holders. Good discussions there

/r/CryptoCurrency - Random discussions about random cryptos here

Bitcoin subreddit - Mothership coin gets a mention here

Great, I've got my coins now. HOW DO I KEEP MYSELF SECURE???

General security tips

Also consider getting a Nano Ledger/off-exchange wallet

[General investing tips]

-!!!!GOLDEN RULE!!! - Don't invest more than you are willing to lose. Crypto can be great profits but it can all disappear in an instant as well

-Do YOUR OWN research on any coin before making an investment in it. Don't just listen to some other person and buy it without doing your due diligence. A lot of people will talk up any coin they own shares up (shilling) while some may even spread FUD about other coins

-General ideas of coins with potential: good dev team, solid community (active subreddit/slack channels), small market cap (WITH POTENTIAL TO GROW), and of course..a great product

-Veterans (me not being one of them as I'm about a month deep in crypto) stress to HODL - Don't panic sell your coins just because they're having a bad day. If you believe in the coin, the technology, and the devs...BUY THE ****ING DIP!!

Hall of Fame MCC coins (coins recommended in previous threads that blew up]

-NEO

-WTC

-OMG
  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. ...
  8. 304
Last post by: ecs33, 12-20-2017, 11:25 AM
9,100 posts
172,772 views
  1. ecs33
  2. 12-20-2017, 11:25 AM
9,100 172,772
MISC Crypto Crew (MCC) Vol.4: Bitcoin Wars Episode IV: Revenge of the Core
OG thread:https://forum.obnoxiousbrutes.com/showt...hp?t=173249701

Vol. 1:https://forum.obnoxiousbrutes.com/showt...hp?t=174270261
Vol. 2:https://forum.obnoxiousbrutes.com/showt...hp?t=174590131
Vol. 3:https://forum.obnoxiousbrutes.com/showt...hp?t=174863441





The two "big" Crypto's are Bitcoin (the OG) and Ethereum (ETH). There are hundreds, maybe even thousands of other coins but all flow through ETH/BTC (mostly BTC). As a trader you will mostly be trading your $$ into Bitcoin to invest in these other coins.

Bitcoin -Bitcoin Summary

Ethereum -
Ethereum for Everyone
Beginner's Guide to ETH


Where do I go if I want to get in on this???

The only ways to buy bitcoin/ethereum with your dollars are through these things called exchanges.

Examples of exchanges: (links to each exchange will be added later)

(Dollars -> BTC/ETH)

Coinbase- most newb friendly/high fees. You can buy Bitcoins and Ethereum here with your dollars.

~~~RECOMMENDED EXCHANGES (for US brahs)~~~

GDAX- owned by Coinbase. Lower fees. Cons - requires a SSN which not everyone is comfortable with

Gemini- low fees, nice interface. Cons - Takes time to get verified so you can make deposits

------------------------------------------------------------------------------

Kraken- Similar wait time to get verified as Gemini, if not longer. I don't personally use Kraken but others do

Canadian brahs useQuadrigaCX

from these above exchanges, you can take your dollars and convert them to Ethereum or Bitcoins. Now..you could just hold these coins and be happy, or you could explore into the world of alt coins.

(BTC -> alt coins)

Bittrex

Poloniex

Kraken also has a altcoins, being one of the only exchanges with USD -> BTC/ETH as well as BTC/ETH -> alt coins

Liquio,EtherDelta,Bitfinexare some other exchanges

Binance

Common Terminology Used

Glossary of terms

Way too many to list so I will just put down a few most commonly used, please refer to the link above ^ for a broader list of terms. Google is your friend!

Fiat - Government-issued currency, such as the US dollar.

ICO - Initial coin offering. Crypto's version of an IPO

FOMO - Fear of missing out.

FUD - Fear, Uncertainty, Doubt. Basically people spreading chit to try and get ppl scared so they'll sell at inopportune moments

Hodl - Crypto folk's version of the word "hold"

Pump And Dump - The recurring cycle of an altcoin getting a ton of attention, leading to a fast price increase, and then of course followed by a huge crash.

Shilling / pumping - Someone essentially advertising another crypto-currency for their own personal gain. If a coin is promised to cure cancer or be the second coming of Jesus, it's being shilled.

Altcoin - Generally any crypto-currency other than Bitcoin or Ethereum. (Though some Bitcoin folks would probably still say Ethereum is an altcoin)

ATH - All time high

Bearish - Expecting prices to decrease

Bullish - Expecting prices to increase

Going long - A margin trade that profits if the price increases.

Going short -A margin trade that profits if the price decreases.

MEW - MyEtherWallet


Useful links

OP's #1 recommended intro guide to crypto
https://mycrypto.guide/#what

Coin Market Cap- Basically an index of all coins with how much volume is being traded, price, %change, market cap, and also has a tab where you can see exactly which exchanges any particular coin is being traded on. HIGHLY RECOMMENDED

Coin Crew (run by a MISC brah, a summary of things that happen in this thread/coins to watch out for

Bitcointalk - large gathering of coin talk

CryptoWatch - Price tracker for coins

Countdown for all ICOs

Ethtrader subreddit - Home of all the ETH bag holders. Good discussions there

/r/CryptoCurrency - Random discussions about random cryptos here

Bitcoin subreddit - Mothership coin gets a mention here

Great, I've got my coins now. HOW DO I KEEP MYSELF SECURE???

General security tips

Also consider getting a Nano Ledger/off-exchange wallet

[General investing tips]

-!!!!GOLDEN RULE!!! - Don't invest more than you are willing to lose. Crypto can be great profits but it can all disappear in an instant as well

-Do YOUR OWN research on any coin before making an investment in it. Don't just listen to some other person and buy it without doing your due diligence. A lot of people will talk up any coin they own shares up (shilling) while some may even spread FUD about other coins

-General ideas of coins with potential: good dev team, solid community (active subreddit/slack channels), small market cap (WITH POTENTIAL TO GROW), and of course..a great product

-Veterans (me not being one of them as I'm about a month deep in crypto) stress to HODL - Don't panic sell your coins just because they're having a bad day. If you believe in the coin, the technology, and the devs...BUY THE ****ING DIP!!

Hall of Fame MCC coins (coins recommended in previous thread that blew up]

-NEO

-OMG

- WTC

Soon?

<pending>
  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. ...
  8. 313
Last post by: benyu, 12-08-2017, 10:05 PM
9,378 posts
182,610 views
  1. benyu
  2. 12-08-2017, 10:05 PM
9,378 182,610
Forum Information and Options
Moderators of this Forum

allfather

Icon Legend
Thread is visited and contains unread posts
Thread contains no unread posts
Thread has not been visited
Thread is locked
Posting Permissions
  1. You may not post new threads
  2. You may not post replies
  3. You may not post attachments
  4. You may not edit your posts