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Are you using Coinbase or Coinbase Pro ..I understand there is a difference in charges
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My pleasure spankyhibs. I said it made sense to buy on a dip!! Now is as good a time as any!! I've just sold 50% of my Cardano which by some miracle is up today and bought BTC!
Hi Topdog21. Welcome to the chat. You are correct about the disparity in charges. Transaction fees are cheaper on Coinbase Pro. I personally use the standard version though because I find it far more user friendly compared the Pro version and other platforms. I do also use Kraken for Polkadot which isn't available on Coinbase. :)
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Hi guys
How is everyone?
Sorry, I didn't reply Barney, I was talking a break from all things stock market for a week or so (time to sort my koi out for next spawning session soon)
I see btc is still struggling to get back over 50k! Incredible seeing as it was bubbling along very nicely not long ago over 60k and looking like it wanted to head towards 70k+! Then along came EM. I used like him, now I'm not so sure, as he's cost me trades :)
To answer your question from before Barney, I started trading with only £10K in physical share pot with Halifax, + £5k in CFD pot with IGindex, and I went from there. Never looked back!!
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hi all, just joining the discussion here though also dip in every now and then to ARB and KR1 discussions. l'm enjoying a sideline in crypto, mainly across ETH, XLM (Stellar), ADA (Cardano) and BTC. Just wondering if anyone has any thoughts about holding long term versus taking profits with crypto ? On the one hand, making the most of compound interest, but on the other it's obviously such a volatile sector, maybe it makes more sense to cream off the top every now and then and accumulate savings that way. Any thoughts ?
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Hi TP . No problem all. :)
This chat is a lot quieter than than the ARB board so we tend to check the posts a lot less regularity. Not quite as intense as ARB. I wish I could switch off for a week but alas I appear to have developed a compulsive nature.
Yes. It was not a great week for BTC. I'm hoping that EM's rather foolish tweet (he knew it would crash the Crypto market) can be turned to ARB's advantage. I'm ashamed to say I own one of his cars!! :( Consequently funds have switched out of BTC into ALT coins that I guess are more environmentally friendly and offer a different proposition. That said, BTC is extremely resilient and always seems to bounce back to test new highs.
That is a truly amazing story. :) To date I haven't had the time to research but once I retire I think that's what I'd like to do.
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Hi strontiumdog. Welcome to this board. :)
I still hold BTC, ETH, ADA, DOT and STORJ and only stick with those. Initially I invested equal amounts in each and agree with you about top slicing after a rise. What I tend to do is sell 25% to 50% of the holding that has spiked anywhere between 30% and 50%. I then put that money into the ones that have underperformed. This has served me really well recently with ADA and DOT as I held more of them when they had a good run. Now they have risen, I've switched some of the funds over the weekend into BTC and Storj as they have both underperformed recently. I have also staked DOT on Kraken because it yields 12%. It's a bit of fun (I even like the dips) and I also like that it's 24/7.
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Thanks Barney, though unfortunately it's all been a bit of a downward spiral today, and what was a modest but healthy profit a few days ago has sadly dwindled into not very much at all .... mmm, at least l think l know what my strategy will be for crypto next time, definitely top slice as you go. Here's to better times !
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My pleasure strontiumdog. That's been the problem for me also, hence the change in strategy. I wish I'd done the same with ARB!! :(
D2C2 - I topped up with 2000 more STORJ yesterday. I was contemplating doing it at £1.80 so it seemed a no brainer doing it at £1.10!! Let's see if the strategy works.
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Some of you into Crypto trading may find interesting how things have evolved in precious meals price manipulation and how "Kinesis" bullion backed crypto currency with the 2021 June implementation of Basel 3 regulations will change the game
2018 Andrew Maguire talks Gold, Silver and Kinesis with Bart Chilton
https://www.youtube.com/watch?v=lJ5wpWkdpjw
May 2021
Andrew Maguire says LBMA is breaking, silver and gold preparing to liftoff with Basel III
https://www.youtube.com/watch?v=19uWKq_Gw54
kinesis andrew maguire from the vault episode 37
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For you Barney
https://youtu.be/rUR1PINd0Ww
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Hey Barney,
Check out Storjs latest blog.
Spot a paragraph that sending the price higher.
This and further developments will send the price much higher.
The coin will no doubt decouple from Bitcoin..
https://www.storj.io/blog/july-2021-development-update-from-storj
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Hey D2C2.
How are you? Hope all is well. Given the tanking of cryptos across the board (along with the poor performance of ARB over the last few months) I decided to just sit back for a while and not look at the prices. I used the time to do a UK holiday - which was ****e! I haven't sold any crypto but I did sell some ARB to fund the purchase of VLRM which is my only bright spot currently. It has actually bagged for me - shock horror!!!!
Thanks for the STORJ updates. I'm still down overall but more than happy to hang on in there. :)
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I'm down also. Still the talk is that many coins won't be around.
Hearing a lot Storj will decouple from Bitcoin.
Holidays in the UK just ain't the same!
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Storj will be huge Barney, just patience needed.
The expansion this year has been good.
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Hey guys, has anyone of you heard about this POs system https://elly.com/pos/en/smart-pos-system/
It should enable paying with crypto in everyday life with providers that offer their system. Do you think it makes sense to acquire it as a business owner? since now crypto is trending and I believe that the hype will go on.
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Thanks D2C2. I agree Storj has one of the strongest business models of all the crypto currencies and one of the only models that makes any sense. It's just being dragged down by BTC and ETH unfortunately.
Hi taki_one474. Apologies for the delayed response. I had never heard of elly.com to be honest and don't know enough to give an opinion unfortunately. Kind regards BR
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Kinesis Crypto currency
Andrew Maguire explains the UK "exemption" for the London gold market to the new Basel III rules. It is NOT what the media is portraying it to be.
https://www.youtube.com/watch?v=-wKe5BRFnzw
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Cardano is flying!!