Fud & Fomo (bitcoin)

andypeterson35's picture

Fud and fomo

I forgot to add a description!

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andypeterson35's picture
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eh's picture

Bet the ranch! Everybody will be living in mansions and driving sports cars off of cryptocurrencies with coal miners. To sit it out is to be poor for life.

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bradlox's picture
Beta TesterTells jokes

Happy holidays Andeh 

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andypeterson35's picture

Thanks man , you too ^_^

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lawngnome's picture

Merry Christmas Mr. Andy.  

You start your AndyCoin, I'm going to do AndCoin. Whichever one takes off, we help the other out. deal?

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eh's picture

HMMM Andycoin.......fuck it, I'd buy a piece just to make sure I didn't get left behind.

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andypeterson35's picture

Sure lawn 

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andypeterson35's picture

XD

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danmanjones's picture

I panic-sold too and took a loss, buying back in about 24 hours later, losing about 1/6 of my total :/

Learnt some valuable lessons. Trust your gut, block out your fears, have a strategy and execute it. FOMO only works when price keeps going up but typically it's not a good instinct to follow. 

By the way, this was not the biggest crash in Bitcoin's history. Not even close.

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andypeterson35's picture

Glad I’m not alone, I lost $2k that day 

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backdraft's picture
Beta TesterDiscord userImage gallery

I've been holding since 2014. So far it's been a safe strategy. 

 

BTC is gonna go down sooner or later. It's slow and doesn't scale up well. Definitely not the money of the future. There are better alternatives out there, but for the time being, you can make money off of it.

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andypeterson35's picture

I been buying since last summer, I got ahead $4,000 then it crashed and I lost $2,000 in gains :/ 

 

litecoin FTW 

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gardendaleguy's picture

i hear EVERYONE talking about getting into this cryptocurrency thing, which in turn, can't entirely be a bad idea because so much attention is aiming towards it now..but i dont even know where to start. 

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lawngnome's picture

Buy some AndyCoin, or AndCoin (I've heard AndCoin will exchange your drugs for their coin).

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andypeterson35's picture

 Very funny lawn 

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Grothesk's picture

Yeah, whatever the fuck happened with your really smart currency that you were creating?

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andypeterson35's picture

Ya, I took C++ and Java in college. Still contemplating that project 

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andypeterson35's picture

Do this right now and thank me later. 

1 open a kraken account 

2 buy $1,000 or $100 or $20 of RIPPLE

3. Wait, watch it go up

4. Watch everyday , when you are satisfied with your gains sell

 

i made $700 today alone on RIPPLE!!!

 

 

ask me anything

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lawngnome's picture

The kraken site asks to "get Verified" after setting up the account. What tier do I buy into?

Edit. 

Ahh, I see the tiers are steps in ID / Address verification and such.
Looks like it takes a few days to get verified, and their system is a bit backed up. 
 It's all good.  I'll look into this a bit more.

And I'm joking about the AndCoin, but I'm not mocking you bud.
I'm usually getting baked and unwinding from the day when I'm on here commenting.
Life is good.  Hope you are well.
I'm always down to chill if you ever want to hit the beach up again. 

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andypeterson35's picture

Lol sure man 

 

the kraken verification takes a day or two just fund your kraken account with bitcoin because if you link your bank account it could take a while. If you need bitcoin just download the coinbase  app

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gardendaleguy's picture

so to use Kraken/Ripple, would i also have to purchase Bitcoin? or is Ripple like a seperate crypto currency? :/   (thanks for the info by the way...im seriously gonna have a look into this)

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andypeterson35's picture

You can buy ripple off Kraken with bitcoin you have or you can link your bank account and buy ripple with dollars. Currently Ripple is sketchy, the future is unknown. I bought at .17 cents and sold at $2.80

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lawngnome's picture

-I put $50 into coinbase USD wallet (it takes a few days to arrive) 

-I put $20 into BTC on coinbase at a low point in the day (3 days ago or so)

-Bought $20 in litecoin and sent $15 to Kraken for Ripple ( site is down and I need to figure how to LTC to Ripple). 

-Put the other $10 into Etherium just now.

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andypeterson35's picture

NIce, no one knows what’ll happen, but cryptos are cheap right now. I just bought more litecoin. Buy low , sell high or just HODL

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