Please Jehovah they dont fail for a few months yet.
Some clever folk tend to skim their gains off these altcoins and convert to BTC using shapeshifter or similar.
That way original investment still in alt coins that are soaring, you’re not turning into profit so non taxable event and you’re slowly adding to a more stable coin in bitcoin.
Reinvest in btc is the way to go … Lets make a few $$$ first.
Note sure if anyone is serious but anyway.
My crypto expert says:
In the next few months BTC profits will be driven through alt coins and they will go 20x or 30x.
Then the whole thing will collapse and we re set.
And off we go again. It’s all driven by FOMO and the halving.
Key metric is BTC dominance. When that hits less than 40% be ready to jump out with your profits.
My expert is a millunaire off crypto. An actual real person. Not a YouTube shiller.
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You’re at nothing without an exit plan
You need to feed the clique info here you bollix.
I’ve got into EOS and ADA this afternoon.
FOMO.
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Put everything you and all your family have into it… dont wait another second to do it.
With regards an out for Bonfire.
Where can I actually sell it or how when the time comes?
It’s not listed on Binance at all and I don’t know where I can transfer it to.
You need to use PancakeSwap.
Once you have the USDT then you should be able to send to Binance.
Cc me if you’re thinking of getting out and I can guide you through it.
If you get an address or network wrong then your money is gone.
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XRP - Ripple. Once they get regulatory approval from the SEC, it’s going to gain serious momentum. The appointed a former US treasurer to their board of directors this week which should add to it’s credibility.
Any timeline on the reg approval?
It’s in court at the mo but I saw October mentioned as an end date.
Is it on coinbase?
Must be. I bought on revolut. Far smoother to get in or out quickly.
Maybe @LionelRitchie knows better but not being on coinbase holds back many coins. I’m thinking Zil in particular, if it gets added then I’ll be buying a kilo of personal for the forum.
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Bought some the other day. Might stock up for Christmas
Interestingly enough, the SEC has appointed a crypto expert as their new MD. He taught all things blockchain & crypto at MIT.
I wouldnt be so confident Mick about ripple personally. Its also more of a payments system (replace t/t’s, interbank exchanges etc) as its not a distributed ledger at all, centrally controlled as is creation/supply of it.
I had a few of them at about 0.08c and held on for a few years but after added research said flick em.
@Thomas_Brady I had toast wallet and bought through that I think? Specialised xrp wallet, didn’t/doesn’t hold any other coin. Looks like this in app store:
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