Message from John Mosby in tradworker #cryptoautism
That's pretty good
Wait, so, trx cannot be converted to usd
only to btc?
yur link just took me to their page
it put it in
ahh shit, I have to buy with btc
I transferred my balance over from coinbase
it isn't doing anything sitting in coinbase anyway
You can make money in coinbase, but the coins they have available rnt gonna make u quick money, unless u have a lot of coins in it
grrr, don't think I'm going to make money on this particular trade
What was the trade?
01-02 15:47:03 TRX/BTC Limit Buy 0.00000520 0.00000520 326 326 0.00169520
Yeah I am trying to verify my account there. Bu now I have to buy some BTC to buy trx
You'll probably have to sit on it for a day or two.
If TRX goes back up to .00000640 (assuming BTC stays level), then I might sell my TRX, and wait for it to go into another slump, then buy some more at .00000035ish.
There are soooo many people buying TRX right now, that a lot of people will probably start selling a bunch later tonight, and make the value go down (at least that is how it has seemed to play out, in the past).
I'll be buying in the middle of the night
seems likea good idea
U have to get coinbase and buy BTC, then transfer it to binance to buy TRX
How do you know when to cut your losses on a day trade and move on to a different one?
or when to sell when its up vs waiting for more
You can buy TRX with ETH too just fyi
Ya, I messed up and got Litecoin, but then realized I had to get either BTC or ETH to get TRX...Dooooh!
I wish you could trade in LTC lol, that would be convenient
ETH is at a peak right now, so idk if it'll continue to climb, or go back down some, so u might wanna go with BTC, as it is in a slump, right now...if ur wanting to wait for a slump in TRX to buy in, then ETH might not be the best option (unless u already have some).
I do think that TWP should try to implement a goal that all our members use, at least, $100 of their tax money to buy an "up and coming" alt-coin.
A small investment could yield our guys a good bit of money, especially if they day trade properly throughout said year.
Here are some TRX, Ripple, and Cardano predictions.
@John Mosby I bought LTC on coinbase a few weeks ago, now I have to get some BTC on there too, which I had planned on doing anyway.
You can transfer your LTC to binance and buy BTC (it's better to do it on binance vs coinbase, as the binance fees are MUCH lower).
I'll do that then
ok, sold for a slight profit
I'm up .00001286 BTC
aaaand I should have held it another 5 minutes, would be better off
I would just keep an eye on TRX for the next 24 hours...I think it'll go back down to, at least, .0000043ish tonight...don't bank on that, but my (personal) prediction seems to match the current trends that TRX has been following the past few weeks.
If it drops to the low 400s, then I would snatch it up again, so long as it isn't in a free fall.
Does it fall during the night? I work overnights so I'm hoping that will be good times to buy