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08-20-2021, 05:53 PM | #3226 |
Banned
Join Date: Dec 2007
Location: Phoenix
Casino cash: $6755042
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Didn’t know you can buy crypto with a credit card?
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Posts: 94
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08-21-2021, 03:35 AM | #3227 |
Banned
Join Date: Jan 2013
Casino cash: $9998560
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Whoever might be contemplating this, just make sure you know what the hell you are doing before you start doing that. A card interest payment far exceeds bitcoin and related coin gains many months at a time. I'd suggest cashing a 401K over that. Especially now while it's cheap to do so. All this is depends on you being a HODL'r vs Trader.
If you are borrowing to trade, borrow from the ecosystem. I have crypto offered up for load to margin traders or whoever. Decent passive income there at about .085 per day (though it goes to 1 during a bull run like we are seeing now). Just don't be foolish and don't be greedy. Greed breeds foolishness. Buying an investment on credit requires room to take that hit if it doesn't work out. I don't like this option availability. Especially for the kids who see credit as free money. I was that kid once. Didn't work out. Last edited by eDave; 08-21-2021 at 03:46 AM.. |
Posts: 53,803
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08-21-2021, 07:24 AM | #3228 | |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-229523
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Quote:
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Posts: 40,658
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08-21-2021, 09:25 AM | #3229 |
Mammoth penis
Join Date: May 2006
Location: Springfield
Casino cash: $7184386
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I dont know about you guys and Im admittedly not the greatest at TA but that BTC chart is looking bullish af, 100k by end of year is more likely than not in my opinion.
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Posts: 11,434
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08-21-2021, 09:47 AM | #3230 |
Veteran
Join Date: Feb 2012
Location: DE
Casino cash: $9745019
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Posts: 3,825
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08-21-2021, 10:33 AM | #3231 |
Forklift Certified
Join Date: Nov 2013
Location: House of the Rising Sun
Casino cash: $859850
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About to cross 50k
I tossed $500 in to btc a few weeks ago |
Posts: 17,394
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08-21-2021, 11:01 AM | #3232 | |
Mammoth penis
Join Date: May 2006
Location: Springfield
Casino cash: $7184386
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Quote:
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Posts: 11,434
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08-21-2021, 11:37 AM | #3233 |
Mammoth penis
Join Date: May 2006
Location: Springfield
Casino cash: $7184386
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Really close to 50k, I bet it's gonna pullback a decent amount here soon when it hits that resistance.
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Posts: 11,434
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08-21-2021, 03:36 PM | #3234 |
Banned
Join Date: Jan 2013
Casino cash: $9998560
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Posts: 53,803
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08-22-2021, 10:48 AM | #3235 |
Banned
Join Date: Jan 2013
Casino cash: $9998560
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Cardano surpassed ATH this morning.
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Posts: 53,803
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08-22-2021, 11:47 AM | #3236 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-229523
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Posts: 40,658
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08-22-2021, 12:03 PM | #3237 |
Banned
Join Date: Jan 2013
Casino cash: $9998560
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Smart contracts go live on Sept. 12. We are running up to that. Next is scalability and governance initiatives. Those two are big. I like it long term. Probably a pullback after smart contracts go live.
Last edited by eDave; 08-22-2021 at 12:12 PM.. |
Posts: 53,803
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08-22-2021, 12:11 PM | #3238 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-229523
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Posts: 40,658
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08-22-2021, 12:14 PM | #3239 |
Banned
Join Date: Jan 2013
Casino cash: $9998560
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Just ADA right now. Staked. Staking gets me, on average, 165 ADA every 5 days as well as whatever the price does. That's 5ish% just for having it.
I'm long term and real bullish about it. I believe ADA will boost Emerging Market investments as well. Last edited by eDave; 08-22-2021 at 12:23 PM.. |
Posts: 53,803
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08-22-2021, 12:24 PM | #3240 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-229523
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165 every 5 days. Holy shit, that adds up fast. I need to stake mine I guess but can't figure out how on Coinbase. I don't see a staking button. LOL
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