@Justice - WI ty

I'm interested in holding, but I don't mind being able to take some gains out here and there to help pay bills, as strange as they may sound.

So maybe keeping some $ in something that's likely going to gain longer term and also using some to trade for quick gains is what I'm looking for

Alt coins with the exception of successful ones like Monero probably aren't your thing then.

I don't think BTC or ETH are going anywhere any time soon.

Well for a while there LTC was doing both for me

Idk I still have a lot to learn

You could do a little trading between the main ones on places like coinbase. They're all pretty stable. To do alt coins trading (pump and dump) there's a lot of babysitting involved.

@Argument of Perigee another option to get XMR is to use shapeshift.io

Thanks @ThisIsChris I'll check it out.

XMR is losing bad against BTC right now. But it has always fluctuated between 190 and high 300's. Really all I'm doing is trading between XMR and BTC as all cryptos are in a slump.

Hey goys, I'm new to crypto and looking to set up a BTC wallet. Any of you use Coinbase? If not, what do you recommend?

@NuclearReactionary yeah I think CoinBase is the way to go, and then you get an attached GDAX account which is where most investment-style trading occurs (GDAX is run by Coinbase)

Ok, @ThisIsChris , thanks. I was a little confused when I read the pinned posts: “Do not trust any online wallet service”

But Coinbase looks pretty trustworthy and powerful

Coinbase is the only one I trust and recommend to new people. And like Chris said, GDAX is for the next level, also trustworthy.

If we're talking large positions of cryptos (thousands of Dollars), you will probably want to look into a hardware wallet like Ledger Nano S or TREZOR.

Thanks! I’ll go with Coinbase then!

There are a few BTC ATMs in San Jose. Also there is a website called localbitcoins.com that you can connect with buyers and sellers in person through.

You can make a paper wallet too.

Whatever you do, don't send crypto to any person or website in the alt right directly from Coinbase. People are being banned for sending crypto to people like Chris Cantwell or Andrew Anglin.

Coinbase will ban you for buying kleenex. Always transfer to private wallet first before spending.

http://reddit.com/r/Bitcoincash/comments/84kbfe/newegg_new_accepts_bitcoin_bch_through_bitpay_0/

It’s either time to cry or time to buy.

oh shit

thank God I sold

I still have a lot of other stuff that dropped too though lol

Where is the major demand for cryptocurrencies coming from these days?

@Deleted User solid technical analysis, I'm all in

^ Just increased my positions 300% because of this chart.

http://time.com/money/5227160/this-is-the-clearest-sign-yet-that-the-bitcoin-bubble-may-have-burst/

move over JNUG

So is crypto fucked?

@Jacob for the near term... My absolute guess is yes. Though I heard there are some Bitcoin ETFs coming out, which may help a little. Kinda like how Bitcoin Futures basically built up the last bubble.

@here is everyone using FIFO for their taxes on cryptocurrency gains/losses?

I still have to figure that out.

I put money in but I didn’t really take any out

I don't know much about bitcoin and cryptocurencies, but I do know that if you are going to use them to make the down payment on a house, when taking out a mortgage, then you need to wait a few months for your money to season after you converted your BTC into USD and deposited into a bank account, otherwise your lender might not approve the redeemed BTC as a qualifying asset.

what the... https://www.newsbtc.com/2018/04/08/soros-rothschild-big-institutional-investors-entering-bitcoin-market/