Originally posted by jer_james
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Originally posted by Sleepy View PostJust trim profits. Never sell the whole bag.
I got a phone call earlier this week from a mentor on Gamecoin and was busy setting up deer stands in Beaumont so I told him I would call him back when I was done.
I called him back today and he dropped 50k in it and is up to 100k. I jumped in this afternoon after talking to several people I know who are in this coin. I ended up jumping in for 10k.
It’s a gamble but there’s only around 500 holders.
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I have a few that I plan to hold a long time and continue to accumulate every big dip. I have others that I trim profits from and still plan to hold unless fundamentals change. And then a few that I use play money with that are super volatile but can 10X overnight if things go right, but if not they aren’t big losses. Been a fun ride and I’m learning a lot.
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Originally posted by Black Ice View PostI got a phone call earlier this week from a mentor on Gamecoin and was busy setting up deer stands in Beaumont so I told him I would call him back when I was done.
I called him back today and he dropped 50k in it and is up to 100k. I jumped in this afternoon after talking to several people I know who are in this coin. I ended up jumping in for 10k.
It’s a gamble but there’s only around 500 holders.
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Intrinsically…the US dollar is a crypto currency. The money from an americans debit or credit card is electronically transferred to another account when used to purchase an item with said card. Commercial banks destroy money on their electronic spread sheets(…I cant quite wrap my mind around this part.)
Bitcoin is not the monetary decentralization as is heralded. As of a few weeks ago, the Chinese were mining half of all bitcoins. Some 85% ish of all bitcoins are owned by 2% of bitcoin owners…aka Whales. That severely compromises the intergrity of the system. Its a ploy to destabilize established currency and inflate prices of energy commodities. The generating of bitcoin ingests alot of btus of energy. The more used, the more demand, the higher the prices for energy. However, I concede it is a ploy where alot of money can be made during the poineer unregulated stages.
There is no wealth in making money.Last edited by Briar Friar; 09-05-2021, 09:09 PM.
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Originally posted by Black Ice View PostYes it is but I know too many people personally that are involved so I know it’s legit just don’t know if I’ll lose my butt or make a little money.
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Originally posted by ttubudd View PostWhere do ya buy that one?
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It’s supposed to launch on Bitmart in the next few weeks.
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Originally posted by Briar Friar View PostIntrinsically…the US dollar is a crypto currency. The money from an americans debit or credit card is electronically transferred to another account when used to purchase an item with said card. Commercial banks destroy money on their electronic spread sheets(…I cant quite wrap my mind around this part.)
Bitcoin is not the monetary decentralization as is heralded. As of a few weeks ago, the Chinese were mining half of all bitcoins. Some 85% ish of all bitcoins are owned by 2% of bitcoin owners…aka Whales. That severely compromises the intergrity of the system. Its a ploy to destabilize established currency and inflate prices of energy commodities. The generating of bitcoin ingests alot of btus of energy. The more used, the more demand, the higher the prices for energy. However, I concede it is a ploy where alot of money can be made during the poineer unregulated stages.
There is no wealth in making money.
If you think the US dollar is crypto you have no clue what you are talking about.
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