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Thinking about putting some funds into crypto. How do I do it? (Page 2/2) |
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steve308
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MAR 24, 01:43 PM
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Direct deposit is your best option
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Zeb
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MAR 24, 07:41 PM
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All investing is gambling. Crypto is gambling with a bigger risk. How's your "risk tolerance" ?
Never gamble with money you can't afford to lose!
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Wichita
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MAR 24, 09:05 PM
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I use Coinbase, but I'm a hold person and have I have some Bitcoin (really Satoshis *fraction of a Bitcoin*) and nothing else in other cryptos. I really don't know much about it. I only bought a few Satoshis just to have some skin in the game to learn it.
I have no idea how to take it off the exchange, do a cold wallet, engrave your keys into a platinum plate and where to bury it.
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otakudude
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APR 01, 12:38 AM
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Thanks to everyone and special appreciation to 82-T/A [At Work] for all your comments and advice regarding cryptos. Funds are tight and I know just enough to get me into trouble so your advice was quite helpful. I still think I want to explore this and since funds are tight, I'll look into fractional investing and possibly invest a small bit, just enough to get a feel for it and satisfy my curiosity.
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shemdogg
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APR 02, 09:57 AM
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On coinbase theres a "learn and earn" tab, watch a video and do a multiple choice question and they give you crypto. Most are $3 of some junk coin, some are $10. Dont even have to watch the video, start clicking answers till u get it and move onto the next one. Then convert it all to bitcoin and ethereum and youve got some skin in the game without having any skin in the game.
shem
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olejoedad
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APR 02, 10:14 AM
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Or you could send me your money to invest.
The long term result would be the same for you, but better for me......🤔
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ls3mach
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APR 04, 06:17 AM
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quote | Originally posted by otakudude:
Thanks to everyone and special appreciation to 82-T/A [At Work] for all your comments and advice regarding cryptos. Funds are tight and I know just enough to get me into trouble so your advice was quite helpful. I still think I want to explore this and since funds are tight, I'll look into fractional investing and possibly invest a small bit, just enough to get a feel for it and satisfy my curiosity. |
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I'm not here to tell you your business, but if money is tight and you have any consumer debt I'd focus on that. It's an immediate 12-29% return on your investment not paying their interest charges.
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otakudude
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APR 04, 09:30 PM
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quote | Originally posted by ls3mach:
I'm not here to tell you your business, but if money is tight and you have any consumer debt I'd focus on that. It's an immediate 12-29% return on your investment not paying their interest charges. |
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I already keep all my debt to a minimum for just that reason. I just paid my bills and I think I have a balance of .57 left on my card right now.
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otakudude
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APR 04, 09:33 PM
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quote | Originally posted by shemdogg:
On coinbase theres a "learn and earn" tab, watch a video and do a multiple choice question and they give you crypto. Most are $3 of some junk coin, some are $10. Dont even have to watch the video, start clicking answers till u get it and move onto the next one. Then convert it all to bitcoin and ethereum and youve got some skin in the game without having any skin in the game.
shem |
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I like this idea. I'm a total novice to this and planned to keep my initial investment to a minimum but I like having 0.00 invested as I learn even more.
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Dukesterpro
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APR 06, 09:04 AM
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Hi, Serious Crypto Investor here, unlike the rest of these haters.
Step 1.) Don't
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