general
Discord ID: 397984660371668994
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can you buy tether?
I thought that was the point
to buy usdt?
nah, i use ethereum if i can to transfer into other exchanges
btc charges higher fees and takes longer to transfer
Dont day traders convert their money to crypto so its faster to buy and sell? Or am i thinkong of something else
Cause usdt seems to be pretty high on the lists
so its faster to buy and sell...crypto?
youre not making any sense
So eth doesnt charge fees? Or are they just low
the fee is like 30 cents compared to btc $20+
Im new as fuck fam. Im just asking because of things ive heard else where.
Oosh
i got you bowl
the way to get started is to buy ETH off of a site like coinbase, gdax, or gemini.
from there you transfer it into a crypto exchange and start trading
Like i went to tethers site, and its basically a 1-1 for rrsl currencies. And is backed by rewl currency
So its price doesnt fluctuate at all im guessing?
Ahh ok
yeah, hardly fluctuates
coins like bitcoin, ethereum, litecoin, ripple are good for long holds. theyll all eventually go up.
for faster money you're going to want to trade in more obscure, or up and coming coins.
Yea, i see i see. Isnt ripple rrwlly cheap right now?
yeah, its around $3
if it gets listed on coinbase, it will rocket
you should buy
<:GWnanaFeelsPepoMan:392308457245769748> <:GWnanaFeelsPepoMan:392308457245769748> <:GWnanaFeelsPepoMan:392308457245769748>
<:dyro:398205446374031365> <:dyro:398205446374031365> <:dyro:398205446374031365>
register an account @Deleted User
https://www.binance.com/?ref=11967223
So I put about $100 on the exchange in BTC, because it wasn't doing anything sitting in coinbase, but I only plan on playing with half of it for now
Should I keep the other half in BTC or put it in something else like XRP?
XRP
XLM TRX and ADA are solid coins too that will grow. i wouldnt leave any in BTC
ok
what about Monero?
it just kind of sits there. goodcoin, but not any fast gains
ok
I mine a little bit of it
TRX is up to 9 cents now
good, its good to hold
how long does it take to mine a monero coin?
Not sure, I don't pay much attention to it
I just turn on Minergate when I'm not using my computer for other things
mined .05 so far
how many have you accumulated? i tried to transfer those into binance
the nice thing is you can mine XDN at the same time without extra resources
its only pennies, but its free
are you able to transfer those coins into an exchange/
I haven't tried, but there's a button to exchange it with changelly
do you have a kucoin account?
and another to withdraw to a different wallet
No
<#398171057070014474>
I just kinda leave it there and don't worry about it too much
get one. you get to buy coins there before theyre put on binance
cool
they usually triple before then, then pump once theyre put on binance
how do you know what's going to be listed?
they announce when new coins are coming out
i bought UTK DRGN and DBC
all three likely to get on binance eventually
nice
sup @Deleted User
@comcast you faggot
We need to get @Deleted User some coins
i always take donations ๐
i love any shitcoin
e-bowls
@Deleted User you ever go on coinmarkets.com?
uhh
?
i guess not
Site is down for maintenance
I'm on my second attempt of trying to get coinbase to accept pictures of my drivers license
what the fuck dude
whats coinsmarkets
Another exchange for new coins. Good for pump and dump
Is coinbase usually this much of a pain in the ass about the verification thing
Wasnโt for me
Try using Gemini.com
I tried the thing where it just asks your information including SSN stuff, and it said "Cannot find you because you have no public records" or something. And its like, yeah, I know, just how I like it. But how do I into coinbase lol
So guys, whats the whole deal with the tax meme? Is day trading gonna be dead because of it? should i take extra measures around that?
I know Coinbase is filing documents with the IRS if you buy/sell more than a certain amount
coinbase is a bunch of faggots i would never give them any business
they stole all my backpage skim
So i mean, whats the whole deal with it? Is the irs gonna knock on my door for trading shitcoins all day?
they also shut down plenty of accounts that have donated to stormer
If you're dealing with more than like $20K you're going to have an issue
trading $100 worth of penny stocks the IRS isn't going to care
Just keep track of your readings in Coinbase. Donโt worry about trades on Chinese servers like Binance.
Note that I am not a lawyer, accountant or financial advisor and the above is not financial advice. Always consult a qualified expert for tax advice.
ok sweet, @Deleted User Wrench was freaking out after i mentioned it because of something enoch said
Use Gemini
What is gemini exactly? a trading site?
its just like coinbase
Yeah, for buying
theres this thing out there
called the internet
and if you search things on it it tells you what they are
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