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Cryptocurrency


CLICKCLACKONER
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Shitcoin casino is in full effect, one pull of the lever and you could whip a Tesla, or you could roll the dice and crap out next round. Somebody going to have to lose something sooner or later like musical chairs.

 

ETH holding on strong like a free climber's grip, deep in them mountains now got chart fluctuation. Bitcoin is in stagnation mode because retail newb waves surfing straight into Doge.

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21 hours ago, Mercer said:

Shitcoin casino is in full effect, one pull of the lever and you could whip a Tesla, or you could roll the dice and crap out next round. Somebody going to have to lose something sooner or later like musical chairs.

 

ETH holding on strong like a free climber's grip, deep in them mountains now got chart fluctuation. Bitcoin is in stagnation mode because retail newb waves surfing straight into Doge.



One hell of a ride this week. 

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Just now, NightmareOnElmStreet said:

How much do y’all fuck around with in the shit coin department to potentially make bread off? I’ve had the same few a little while now and never really seen much of a change so I gather I’m doing it wrong? Is simply  having a few hundo in any given shitcoin reasonable or are we talking racks?? 

 

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5 hours ago, NightmareOnElmStreet said:

How much do y’all fuck around with in the shit coin department to potentially make bread off? I’ve had the same few a little while now and never really seen much of a change so I gather I’m doing it wrong? Is simply  having a few hundo in any given shitcoin reasonable or are we talking racks?? 


buy a few thousand coins at a time if you can. Focus on ones whose technology you believe in

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Just a heads up. Instead of FOMO'ing into the next hot shitcoin that's already spiked, right now might be a good time to start moving shitcoin profits into BTC. BTC dominace is near a 3 year low. I've seen what's happening now, happen before.

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32 minutes ago, CLICKCLACKONER said:

at this point I should do the same.


I just felt that these cryptos will bounce back and bring me back from my stock loses a lot faster than some of these stocks will. They’ve been stagnant for a while... but, now that i sold em, they’ll skyrocket. 

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On 4/27/2021 at 4:13 PM, abrasivesaint said:

Anyone know anything about Polygon (MATIC) ? 
 

Came across it the other day and threw a few bucks at it. 


well i don’t know fuck all about it, but it’s gone up 150+% in the last week and is making me money so.. Cheers to Polygon. Haha.

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@abrasivesaint Coins with low liquidity can have varying prices across platforms. There are people who make a living by taking advantage of these price differences, it's called Arbitrage.

 

Go to a U.S. exchange selling Bitcoin slightly less than an exchange in Korea, buy it, withdraw and deposit in Korea and sell. Transfer the proceeds back to the U.S. exchange and repeat. This is the mechanism the market uses to find equilibrium for assets popular in one area, and less popular in others.

 

Back to low liquidity, Robin hood isn't a real exchange, you can neither withdraw, or deposit crypto. This means they operate in a bubble that doesn't reflect the real price, rather it reflects their customer's perceived price, which can deviate from the perceived value reflected by the rest of the world.

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