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Bitcoin

Caleb

Super Moderator
Super Moderator
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Riverton
The context of my last statement about crytpo may have been lost. From a tax standpoint holding onto crypto is the same as holding stocks.
Yes, for now...until the gov tries to get more involved then I'm sure they'll find a way to change that.
 

Caleb

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Location
Riverton
So you guys that were big on VEN, you still buying? More now than ever? It's gone straight down it seems. However, if you're still long on VEN then nows definitely the time to be buying it up.
 

ozzy702

Registered User
Location
Sandy, UT
So you guys that were big on VEN, you still buying? More now than ever? It's gone straight down it seems. However, if you're still long on VEN then nows definitely the time to be buying it up.
I'm sitting on a bunch. Just like most crypto right now, I'm just trying to hang out and see how things go. Hoping that we see this death spiral reverse soon.
 

muleskinner

Well-Known Member
Location
Enoch, UT
So you guys that were big on VEN, you still buying? More now than ever? It's gone straight down it seems. However, if you're still long on VEN then nows definitely the time to be buying it up.
Yep, great time to buy! It's great that they actually have a working product already in use by customers.

Vet listed on Bithub today so we should see a jump in price this week.
 

Caleb

Super Moderator
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Location
Riverton
I think VEN has a great story and a big future. I've been tempted to jump in while it's so low...I will say I've made a fair amount off it during this decline :D
 

ozzy702

Registered User
Location
Sandy, UT
I think VEN has a great story and a big future. I've been tempted to jump in while it's so low...I will say I've made a fair amount off it during this decline :D
Still feeling bullish on VEN? I grabbed a bunch.

Looks like BTC and ETH are chugging forward. If this keeps up for another month I think confidence will be high and we could see the mother of all crypto runs commence. It would be crazy to see percentage gains on par with last year. That would put us at 100K+ BTC. Likely? No. But I've learned to stop trying to conceive of what's possible with crypto because apparently anything can happen.
 

Caleb

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Location
Riverton
I am, I still think VEN has a good story. I haven't jumped in yet though. I actually just shut down my trading bots and I'm debating if I want to keep going that route or just take that money and put it in to a couple coins I wouldn't mind holding long term. If I do that, I'll buy a bunch of VEN. I'm also really big on the coin I mentioned earlier in this thread, RVN. It's only really traded on crypto bridge right now (there's a major exchange in the works but having a community coin creates some challenges like no CEO, which most exchanges want something from the CEO to get listed). My company has put a ton of money in to the development of it and I really believe it'll be huge in a couple years with the things they're planning in their roadmap.
 

ozzy702

Registered User
Location
Sandy, UT
I am, I still think VEN has a good story. I haven't jumped in yet though. I actually just shut down my trading bots and I'm debating if I want to keep going that route or just take that money and put it in to a couple coins I wouldn't mind holding long term. If I do that, I'll buy a bunch of VEN. I'm also really big on the coin I mentioned earlier in this thread, RVN. It's only really traded on crypto bridge right now (there's a major exchange in the works but having a community coin creates some challenges like no CEO, which most exchanges want something from the CEO to get listed). My company has put a ton of money in to the development of it and I really believe it'll be huge in a couple years with the things they're planning in their roadmap.
Thoughts on your entry point (in BTC or ETH) and where you realistically think VEN can go price wise in 2018? To me, VEN seems overly-ambitious but if even half of what they set out to do comes to fruition I think it could be a crypto giant. Curious what everyone else's thoughts are.
 

Kevin B.

OLAF
Supporting Member
Location
Stinkwater
I'm getting ready to take the plunge, thoughts on a wallet? I won't be trading, but I might want to move funds in and out on a semi regular basis and I have questions. Will all wallets work with all crytpo or should I consider which crypto I'll be using? Will all wallets work with all ATMs? What's the best way to avoid the worst fees without choosing an unsecure or otherwise shifty service?
 

nnnnnate

Well-Known Member
Location
WVC, UT
I bought $80 worth of Litecoin between February 6 and July 2. Its currently worth $35.49. I know there are a lot of guys here that are in much deeper than I am but just saying, crypto has not had a good year.
 

xj_nate

Poser
Location
UT
I have a ton of different coins, most I purchased in Dec and Jan. I'm currently at about 20% the amount I have invested. Not a good time lol but I'm hanging on!
 

Kevin B.

OLAF
Supporting Member
Location
Stinkwater
I will also say, I actually enjoy purchasing with crypto. It's not a bad experience online.

This is mostly what I'm interested in exploring. Not that I'm hiding anything, but it seems like every other week Credit Karma is telling me about a new breech and I see a place for crypto to replace the credit card for secure online shopping.
 

Caleb

Super Moderator
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Location
Riverton
If you're just planning to sit on it and not trade, then I would suggest a nice hardware wallet. I use a Ledger Nano S and a Trezor. I like the Nano better but for no particular reason. My opinion is as soon as you have more in crypto than a hardware wallet costs (about $80) then you should get a hardware wallet. Many of the coins I hold aren't currently supported on any hardware wallet, so I just make sure I have good backups and make sure everything is properly encrypted.

As Herzog said, don't invest more than you're willing to lose. Crypto is very volatile, but with proper research, you will find some good projects and be able to get in on them very early on. I have one that I got in on from day one, was able to mine a couple million with CPU only and it's worth a fair amount now. At the same time, there are more scams than legit projects, so be careful.
 
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