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Messages - cashisking86

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I bet they will be selling that off asap in this market rather than hoarding it for a bull run. Unless they can pay their overheads with it they will be selling it for fiat.

I think it will retrace to around $23k-$24k and then drop closer to $12k. We're not out the woods yet.

I still honestly don't get at all what this coin brings to the market other than banter.

Hard to know if they have picked an excellent or horrible time to do this! There's almost no middle ground answer.

Crypto Discussion / Re: What to do when crypto prices are crashing?
« on: June 10, 2022, 03:51:39 PM »
Depends on your goals. If you're trading, look for a good short entry. If investing shorter term consider moving to stable coins. If investing long term, ignore the noise and DCA.

Crypto Discussion / Re: Where do you usually trade?
« on: June 10, 2022, 03:47:53 PM »
I trade BTC CFDs on CedarFX and my normal spot buying and selling on Binance or depending on where the money is.

I'm fairly certain they will have learned a thing or two from XRP's dealings with the SEC.

Crypto Discussion / Re: Optimism got hit hard
« on: June 10, 2022, 03:42:30 PM »
This is why I think airdrops are a horrible idea.

Crypto Discussion / Re: What are nfts?
« on: June 10, 2022, 03:40:28 PM »
I think NFTs can be a really positive step in the arts particularly to guard against piracy. No doubt they will get used to exploit some though unfortunately.

The issue is tracking purchases to an extent. If I find a purchase on my credit card that I didn't make I can dispute it and get refunded. On the blockchain while they can see the money move out they can't know who did it and therefore that it wasn't me. How is that going to work in businesses?

The regulators will be chomping at the bit with the collapse of UST. Luna is one thing but the collapse of a high profile stable coin is the story here as people assume lower risk with stable coins.

If you are investing in BTC and feel nothing has fundamentally changed with it then dollar cost averaging is the way to go in my opinion. Same as if investing in stocks.

Crypto Discussion / Re: Freelancing opportunity
« on: May 25, 2022, 01:18:08 PM »
For $200 a month? I assume that is based on 8hr a day 30 days a month as well?

So was one operating and the other just advising? Like they could do via a video call? Or was the surgery done robotically with both interacting with the robot in the metaverse? If the former it appears to be blown up bigger than it really was.

Will accept crypto donations as long as their pockets are lined but insist on regulating it when other people's are. Sure thing. Seems legit.

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