Came back here to say thanks Styx. This was the video that got me to actually learn how to buy and hold crypto and opened a large long BTC position at around 38k and it's holding up huge profits right now since it's coming up to 60k at the moment I'm typing this.
Now my plan is to put aside money each paycheck until eventually Bitcoin crashes again and move that pool of money into buying dips and waiting for it to come back up, then repeat.
Bitcoin owners: When world economy collapses, I'll be immune and RICH! When economy actually collapses: No electricity, No CPU makers, unable to access your coins lol
BTC in my opinion will be a strong crypto mainstay but will not lead the market, one day., it will be the alt coins leading the market. BTC tech is getting archaic, BTC is a store of value not a currency of transaction, heck even Doge is transforming into a proof of stake. from a proof of work.
I agree with you on Bitcoin, its the most solid, however my style of investing, is buy when it bottoms out in crashes and wait, then sell at peak (convert to stable coins) then wait again for a crash, I am thinking three will be a last crypto boom at the end of the year, and that is why I chose DOGE, its elon's favorite coin, and Elon moves the market.
well I have been buying DOGE since it crashed to 0.20, made 150K USD and cahsed out to USDT and now I am focusing on doge. started with 12K usd IN OCT OF 2020, and never put anything more made 150K USD by March , 2021. Holy fuck best investment I made, made mistakes, If I invested 30K USD in doge or matic back in 1st week Jan 2021 I woulid have made 2-3 million USD …da fuck.
Layer one for bitcoin is slow because it makes security of the network high and true decentralization possible. It also ties value to time 10 mins was the arbitrary chosen time for the blocks. Layer two is faster than the current financial system.
Don't get caught up in all the hoopla about inefficiency of bitcoin. It's not inefficient it's secure.
Hey bud. In regaurds to the cardano wallet. If its an issue I would to recommend you use a custodial wallet to recieve it (exodus or coinbase wallet are good) and then transfer from there to stake it and earn passive income. The coinbase wallet has a very simple address system so that might be useful for you.
Cryptocurrency is slavery. The IRS will be able to track every purchase you make and all income you earn. It will also inevitably be tied to social credit scores. At least with cash you can put it in a safe away from the taxman. Styx is a shill now. Why do you think YouTube doesn't censor him?
One of the original Mega Man dudes went to create his own game. And looked how that turned out. It doesn't mean a better thing necessarly. Etherium gang here.
Bought in today as well. Put in a couple hundred. I will be putting some of the money I usually save and buy cardano and maybe a coupe other ones. I’d like to know how much you spent. Of course that’s your business.
China is probably using cryptocurrencies to manipulate US markets. Think about it- right as inflation became a mainstream talking point, China doubles down on regulating cryptos, gets Chinese to sell right as bitcoin shows weakness from Musk, and boom, you just flooded a trillion dollars into US markets right when we don't need it
Hello from 🇨🇦! Guys, Remember the DotCom (Web 2.0) bubble of the early 2000s ( 2000 to 2002 )? Only a few survived: Amazon, Google, Microsoft among ofhers and they’ve changed the world. Blockchain/Crypto ( Web 3.0 ) will be the next bubble and we can see it coming! There will be a few survivors like in the previous bubble but they will also change the world. The others will be forgotten. So, invest wisely.😉
You have a good approach and are very rational and dont just buy Bitcoin because it is hyped. Everyone needs to understand this is tech, not a religion, the most advanced cryptos will win in the end and Bitcoin is not evolving.
That said, your approach needs to be conducted on a case by case basis because just because a crypto is old, like Ethereum, it doesnt mean it adverse to progress. Cardano when it is finished, hopefully within another year, will be more advanced than Ethereum 1.0 in every way, however, what Ethereum has planned for Ethereum 2.0 (sharding) is more advanced than Cardano in every way and may just leap frog it making it irrelevant. Just good for thought.
if the system crashes no currency will have value. all value will be paid in labor. how could crypto be worth money that doesnt exist anymore. "crypto is worth millions of dollars." whats a dollar? invest into how to knowledge. that will have real value.
Elon’s excuse of energy consumption was a lame excuse to get out of btc by old money tesla board members. A good time to get in is right now, the market will go back up. Carnado(ADA), MATIC, DOT are great projects to get in. Do your research, don’t put more than you can loose, TAKE EMOTIONS OUT OF THIS GAME, and you will be fine.
I looked into energy efficiency seems XRP is superior it isn’t energy hungry, No mining required…and is super fast. Bitcoin was the first…doesn’t mean it’s the best.
I bought monday before yesterday's grand crash, I couldn't buy the dip but everything is close to where I bought (that was already a dip itself compared to April prices), so, I don't feel so bad… 😜 How things recovered in a couple of hours made me have hope.
Good time to buy in literally at this very second while it’s down from Elon Musk manipulating it.
Came back here to say thanks Styx. This was the video that got me to actually learn how to buy and hold crypto and opened a large long BTC position at around 38k and it's holding up huge profits right now since it's coming up to 60k at the moment I'm typing this.
Now my plan is to put aside money each paycheck until eventually Bitcoin crashes again and move that pool of money into buying dips and waiting for it to come back up, then repeat.
Bitcoin owners: When world economy collapses, I'll be immune and RICH!
When economy actually collapses: No electricity, No CPU makers, unable to access your coins lol
BTC in my opinion will be a strong crypto mainstay but will not lead the market, one day., it will be the alt coins leading the market. BTC tech is getting archaic, BTC is a store of value not a currency of transaction, heck even Doge is transforming into a proof of stake. from a proof of work.
Cardano/ADA is garbage
Thanks man! Took your “not advice” and got Cardono. Doing great
Exodus wallet???? use a ledger, best wallet there is. most secure. and I use Binance, Coinbase and NDAX.
I agree with you on Bitcoin, its the most solid, however my style of investing, is buy when it bottoms out in crashes and wait, then sell at peak (convert to stable coins) then wait again for a crash, I am thinking three will be a last crypto boom at the end of the year, and that is why I chose DOGE, its elon's favorite coin, and Elon moves the market.
well I have been buying DOGE since it crashed to 0.20, made 150K USD and cahsed out to USDT and now I am focusing on doge. started with 12K usd IN OCT OF 2020, and never put anything more made 150K USD by March , 2021. Holy fuck best investment I made, made mistakes, If I invested 30K USD in doge or matic back in 1st week Jan 2021 I woulid have made 2-3 million USD …da fuck.
Sup buddy, nice overview
Have u find out about Galileo Travel NFT platform? need to hear your judgment about that https://www.youtube.com/watch?v=uYzSw86M_lc
QQ buddy, nice review
Have ya heard about YSL? need to hear your position
Layer one for bitcoin is slow because it makes security of the network high and true decentralization possible. It also ties value to time 10 mins was the arbitrary chosen time for the blocks. Layer two is faster than the current financial system.
Don't get caught up in all the hoopla about inefficiency of bitcoin. It's not inefficient it's secure.
Can’t eat it, drink it or 🐿 it. I’m still walking funny from the dot com 🐴💩. Still buying in though….
🌴🐈🐈🐈🌴🏴☠️
I have a lot more faith in crypto than I do in the dollar.
What's the best way to buy crypo? Yes, I have disposable savings and no, I'm not interested in opinions that are anti crypto.
Hey bud. In regaurds to the cardano wallet. If its an issue I would to recommend you use a custodial wallet to recieve it (exodus or coinbase wallet are good) and then transfer from there to stake it and earn passive income. The coinbase wallet has a very simple address system so that might be useful for you.
May be a little late to make you filthy rich, but you will make your great grandchildren rich just by holding it
Aaaaand…. it's on its way to the $20k's
Cryptocurrency is slavery. The IRS will be able to track every purchase you make and all income you earn. It will also inevitably be tied to social credit scores. At least with cash you can put it in a safe away from the taxman. Styx is a shill now. Why do you think YouTube doesn't censor him?
One of the original Mega Man dudes went to create his own game. And looked how that turned out. It doesn't mean a better thing necessarly. Etherium gang here.
StyXRP.
I don't trust any of this BS.
Bought in today as well. Put in a couple hundred. I will be putting some of the money I usually save and buy cardano and maybe a coupe other ones. I’d like to know how much you spent. Of course that’s your business.
Deep in your mind you re idiot Sir. 😀
"Why would anyone buy a car when you can ride a horse?" An actual quote from an investment banker to a young Henry Ford.
this aged well over the past 2 days
China is probably using cryptocurrencies to manipulate US markets. Think about it- right as inflation became a mainstream talking point, China doubles down on regulating cryptos, gets Chinese to sell right as bitcoin shows weakness from Musk, and boom, you just flooded a trillion dollars into US markets right when we don't need it
I'm so confused why he mentioned environmentally friendly imaginary money.
Hello from 🇨🇦! Guys, Remember the DotCom (Web 2.0) bubble of the early 2000s ( 2000 to 2002 )? Only a few survived: Amazon, Google, Microsoft among ofhers and they’ve changed the world. Blockchain/Crypto ( Web 3.0 ) will be the next bubble and we can see it coming! There will be a few survivors like in the previous bubble but they will also change the world. The others will be forgotten. So, invest wisely.😉
I'm sticking with Bitconnect, ha ha ha…
Cardano and Polkadot will yield monster gains this summer
ADA + STAKING = PASSIVE INCOME Whilst you sleep!!!
Cardono is the 3rd Gen blockchain. It's built from the ground up and has a solid foundation.
👌
I'm sad. I only wanted to buy in Crypto but my parents said no.
What are you mining?
You have a good approach and are very rational and dont just buy Bitcoin because it is hyped. Everyone needs to understand this is tech, not a religion, the most advanced cryptos will win in the end and Bitcoin is not evolving.
That said, your approach needs to be conducted on a case by case basis because just because a crypto is old, like Ethereum, it doesnt mean it adverse to progress. Cardano when it is finished, hopefully within another year, will be more advanced than Ethereum 1.0 in every way, however, what Ethereum has planned for Ethereum 2.0 (sharding) is more advanced than Cardano in every way and may just leap frog it making it irrelevant. Just good for thought.
if the system crashes no currency will have value. all value will be paid in labor. how could crypto be worth money that doesnt exist anymore. "crypto is worth millions of dollars." whats a dollar? invest into how to knowledge. that will have real value.
I love brave browser
Elon’s excuse of energy consumption was a lame excuse to get out of btc by old money tesla board members. A good time to get in is right now, the market will go back up. Carnado(ADA), MATIC, DOT are great projects to get in. Do your research, don’t put more than you can loose, TAKE EMOTIONS OUT OF THIS GAME, and you will be fine.
AOC Sucks, Prince Harry Sucks, Uhh, they all do.
This is great financial advice.
Yes BTC
I looked into energy efficiency seems XRP is superior it isn’t energy hungry, No mining required…and is super fast.
Bitcoin was the first…doesn’t mean it’s the best.
HAHAHA ! Bitcoin is much more analogous to diamond’s artificial scarcity than guns …. good luck
I bought monday before yesterday's grand crash, I couldn't buy the dip but everything is close to where I bought (that was already a dip itself compared to April prices), so, I don't feel so bad… 😜 How things recovered in a couple of hours made me have hope.
Why don’t you check out ripple being it’s actually the best
Just buy a web3 domain. You can use it as a crypto address linking to your wallets. One address to rule them all. Unstoppable Domains
I’m still waiting to flip my laser disc collection.