Conquer Club

saxitoxin wrote:mookie ... are you buying Cardano? I just got SOME but I'm not going all-in

mookiemcgee wrote: SAFEMOON - Another doge type knockoff, but there is a 10% tax to trade it so much more stable

Swimmerdude99 wrote:

mookiemcgee wrote: SAFEMOON - Another doge type knockoff, but there is a 10% tax to trade it so much more stable

Heads up, if you don't know already, this is a rugpull coin. I'd exit as soon as you see/have profit

mookiemcgee wrote:

saxitoxin wrote:mookie ... are you buying Cardano? I just got SOME but I'm not going all-in

I have 'some' as well... are you holding it on an exchange (like coinbase or binance) or in a cardano wallet?

If in cardano wallet, you should consider 'staking' it... especially if you just plan on sitting on it a long while. You will get paid more cardano over time doing this, but there is an inital cost (paid in cardano) for staking it. https://cardano.org/calculator/

If you just want to hold it short term and try and flip it for quick profit, don't bother with staking it

I have a friend (old and rich guy) who bought $1,000,000 worth of cardano in 2018 at $.10, he sold it about a month ago at $1.40 (for $14,000,000). He just bought a house in Nevada and moved there (from our state) to save on income tax hahaha.

I feel like the next things to really explode are matic (polygon) though it might be a little late now as it's been exploding for a month or so, and Kusama & Polkadot are really priming for takeoff

saxitoxin wrote:Tell me how Helium works. I looked at the website but it's too much to read.

saxitoxin wrote:

saxitoxin wrote:Tell me how Helium works. I looked at the website but it's too much to read.

Wait, nevermind, I just watched a video. Should I do it?

EDIT: I couldn't wait for mookie to get off his ass to serve as my personal help desk. So, I just ordered the Bobcat but it says it will take at least three months! I tried signing up for the Emrit in the meantime.

saxitoxin wrote:

mookiemcgee wrote:

saxitoxin wrote:mookie ... are you buying Cardano? I just got SOME but I'm not going all-in

I have 'some' as well... are you holding it on an exchange (like coinbase or binance) or in a cardano wallet?

If in cardano wallet, you should consider 'staking' it... especially if you just plan on sitting on it a long while. You will get paid more cardano over time doing this, but there is an inital cost (paid in cardano) for staking it. https://cardano.org/calculator/

If you just want to hold it short term and try and flip it for quick profit, don't bother with staking it

I have a friend (old and rich guy) who bought $1,000,000 worth of cardano in 2018 at $.10, he sold it about a month ago at $1.40 (for $14,000,000). He just bought a house in Nevada and moved there (from our state) to save on income tax hahaha.

I feel like the next things to really explode are matic (polygon) though it might be a little late now as it's been exploding for a month or so, and Kusama & Polkadot are really priming for takeoff

I just have it in Coinbase.

My friend's aunt started a software company and had piles of cash and did the same thing, where she moved to Nevada for six months and one day of the year to escape the franchise tax. I don't understand why people who have the kind-of money to have a tax shelter home decide to get it on a nuclear bomb test site. Anyway, my friend basically lived in her big house in Daly City for six months of the year while she was in Nevada.

Right now I'm 50% Bitcoin, 25% Ethereum, 15% Cardano and 10% USD Coin.

What should I buy if I want a 75% probability of a 4X return within two years?

HitRed wrote:You might like this. History of failed currencies.

saxitoxin wrote:

mookiemcgee wrote:

saxitoxin wrote:mookie ... are you buying Cardano? I just got SOME but I'm not going all-in

I have 'some' as well... are you holding it on an exchange (like coinbase or binance) or in a cardano wallet?

If in cardano wallet, you should consider 'staking' it... especially if you just plan on sitting on it a long while. You will get paid more cardano over time doing this, but there is an inital cost (paid in cardano) for staking it. https://cardano.org/calculator/

If you just want to hold it short term and try and flip it for quick profit, don't bother with staking it

I have a friend (old and rich guy) who bought $1,000,000 worth of cardano in 2018 at $.10, he sold it about a month ago at $1.40 (for $14,000,000). He just bought a house in Nevada and moved there (from our state) to save on income tax hahaha.

I feel like the next things to really explode are matic (polygon) though it might be a little late now as it's been exploding for a month or so, and Kusama & Polkadot are really priming for takeoff

I just have it in Coinbase.

My friend's aunt started a software company and had piles of cash and did the same thing, where she moved to Nevada for six months and one day of the year to escape the franchise tax. I don't understand why people who have the kind-of money to have a tax shelter home decide to get it on a nuclear bomb test site. Anyway, my friend basically lived in her big house in Daly City for six months of the year while she was in Nevada.

Right now I'm 50% Bitcoin, 25% Ethereum, 15% Cardano and 10% USD Coin.

What should I buy if I want a 75% probability of a 4X return within two years?

HitRed wrote:So what information do you have to determine a buy?

HitRed wrote:Ok, I’ll wait.

Follow-up question.

What does a strategic advantage for one crypto currency over another look like?

Common Example
A railroad stock Norfolk Southern controls 19,420 route miles of track.

mookiemcgee wrote:

saxitoxin wrote:

saxitoxin wrote:Tell me how Helium works. I looked at the website but it's too much to read.

Wait, nevermind, I just watched a video. Should I do it?

EDIT: I couldn't wait for mookie to get off his ass to serve as my personal help desk. So, I just ordered the Bobcat but it says it will take at least three months! I tried signing up for the Emrit in the meantime.

Yeah I ordered some nebra devices the first week of april, they keep pushing the shipping date back and now it says July. But this one wasn't really meant to be a quick buck... plug it in, leave it for 3 years then start maybe selling the rewards for fiat during the next bull run (which will probably start in 3 years, and climax in 4-4.5 years)

mookiemcgee wrote:

saxitoxin wrote:

mookiemcgee wrote:

saxitoxin wrote:mookie ... are you buying Cardano? I just got SOME but I'm not going all-in

I have 'some' as well... are you holding it on an exchange (like coinbase or binance) or in a cardano wallet?

If in cardano wallet, you should consider 'staking' it... especially if you just plan on sitting on it a long while. You will get paid more cardano over time doing this, but there is an inital cost (paid in cardano) for staking it. https://cardano.org/calculator/

If you just want to hold it short term and try and flip it for quick profit, don't bother with staking it

I have a friend (old and rich guy) who bought $1,000,000 worth of cardano in 2018 at $.10, he sold it about a month ago at $1.40 (for $14,000,000). He just bought a house in Nevada and moved there (from our state) to save on income tax hahaha.

I feel like the next things to really explode are matic (polygon) though it might be a little late now as it's been exploding for a month or so, and Kusama & Polkadot are really priming for takeoff

I just have it in Coinbase.

My friend's aunt started a software company and had piles of cash and did the same thing, where she moved to Nevada for six months and one day of the year to escape the franchise tax. I don't understand why people who have the kind-of money to have a tax shelter home decide to get it on a nuclear bomb test site. Anyway, my friend basically lived in her big house in Daly City for six months of the year while she was in Nevada.

Right now I'm 50% Bitcoin, 25% Ethereum, 15% Cardano and 10% USD Coin.

What should I buy if I want a 75% probability of a 4X return within two years?

I can give you my opinion, but not financial advice. I feel like we are only a few months (3-5 months) from the end of the bull run... and for that reason 4x is going to be really tough. I don't think that is gonna happen with bitcoin even with perfect sell timing... could be wrong, but I'm gonna start getting out around 80k, like maybe 20%... 50% out by 100k, and like 80% by 130k.

Eth... in 2017 it got to over 1000... in theory (especially because it's one of the biggest winner of the last 4 years) it could get to 10,000+. Its been zooming for a good 50-60 days now though. I think 2x is very reasonable expectation in the next 4 months. At some point later this year they are fully moving to Eth 2.0, and it involves staking. You can stake now on coinbase, but it locks up your eth until 2.0 is released. I put about 25% into the 2.0 version on coinbase which earns 6% rewards in eth per year.

Cardano... A really strong one that's been around a while and has a loyal following. It's also just started really taking off, so I think you picked a winner for a quick return.

The buzz has all been about De-FI this past year... and while you can't do much directly taking advantage of the actual Defi while stuff is on Coinbase, you can still buy some coins that have been gaining as a result of defi. Yearnfinance is not one I own but it's just been a juggernaut! AAVE, Compound are others that have just had steady and amazing growth all year and don't appear to be finished.

If you are super nerding out, you can always try the strategy of figuring out if some new coins is coming to Coinbase, buying it the very moment it comes out, and selling it like 6-12 hours later because things seems to go way up when they get the exposure to coinbase. The is one called Cartesi that went on coinbase like just a few days ago, and you can look at the chart and see what I mean. same for IExec Rlc. I have no clue what either of them are, but they show up and basically double, and then crash.

If you are successful in overall 2xing everything over the next 4 months I would considering moving like 80-90% to stable coins. They can earn a small interest rate on coinbase (I think)... but if you move them to a Eth wallet (or binance wallet) and then stake it somewhere on the network you can earn legit interest rate (depending on the dapp sometime 40%... just for letting them hold it for you, and it's a coin pegged to USD so a good place to be during a bear market. Not risk free, there is no gov't insuring you for 100k... but I mean 40% interest for just keeping your dollars there would get you to 4x in 2 years if you are compounding the rewards. And if you want in like July 2022 you can start trying to buy stuff like eth or btc and the next big thing you've learned about going down this rabbit hole. Generally its a year or so of down after the ATH's, then a more moderate bull market in 2ish years, then a year of paid and in year 4 another crazy 10x potential.

These are just my observations of the market, I reserve the right to be wrong about everything! If I make it past 10mil (I'm no where close buy i can dream), I'm kinda thinking Puerto Rico! It's a fucking long flight though from CA

saxitoxin wrote:

mookiemcgee wrote:

saxitoxin wrote:

saxitoxin wrote:Tell me how Helium works. I looked at the website but it's too much to read.

Wait, nevermind, I just watched a video. Should I do it?

EDIT: I couldn't wait for mookie to get off his ass to serve as my personal help desk. So, I just ordered the Bobcat but it says it will take at least three months! I tried signing up for the Emrit in the meantime.

Yeah I ordered some nebra devices the first week of april, they keep pushing the shipping date back and now it says July. But this one wasn't really meant to be a quick buck... plug it in, leave it for 3 years then start maybe selling the rewards for fiat during the next bull run (which will probably start in 3 years, and climax in 4-4.5 years)

Should I get multiples? I feel like I want to try one to see how it works, and then get a few more and place them around the city. However, with the lag times to order fulfillment that sounds like a losing strategy.

saxitoxin wrote:I was thinking of starting a crypto linked to real assets of human trafficking. I think this would be a stable coin. The thing is, the longer you hold it, the more it decreases in value as the humans tend to use up their productivity within a few years. So it would really be a get in/get out buy/sell approach. I think this could be a niche and profitable crypto market. I've dabbled a bit in human trafficking but I'm not an expert; mostly just staking some small-time smugglers running the Laos-to-Macau-to-Dubai route.

Another idea for a stable coin I had is linked to endangered species. Because the number of these is finite and known you could realize rapid returns through periodic culls of the animals. For example, there are something like 65,000 orangutans in the wild. If you culled 6500 you'd essentially increase the price of the coin by 10%. A consistent cull over a period of 10-20 years would realize exponential profits until the population reached four or five orangutans.

mookiemcgee wrote:

saxitoxin wrote:

mookiemcgee wrote:

saxitoxin wrote:

saxitoxin wrote:Tell me how Helium works. I looked at the website but it's too much to read.

Wait, nevermind, I just watched a video. Should I do it?

EDIT: I couldn't wait for mookie to get off his ass to serve as my personal help desk. So, I just ordered the Bobcat but it says it will take at least three months! I tried signing up for the Emrit in the meantime.

Yeah I ordered some nebra devices the first week of april, they keep pushing the shipping date back and now it says July. But this one wasn't really meant to be a quick buck... plug it in, leave it for 3 years then start maybe selling the rewards for fiat during the next bull run (which will probably start in 3 years, and climax in 4-4.5 years)

Should I get multiples? I feel like I want to try one to see how it works, and then get a few more and place them around the city. However, with the lag times to order fulfillment that sounds like a losing strategy.

I would start with one. Befriending some spray paint artist that like to prowl big cities at night in high elevation locations makes them perfect scouts for your next round of purchases!

mookiemcgee wrote:

saxitoxin wrote:I was thinking of starting a crypto linked to real assets of human trafficking. I think this would be a stable coin. The thing is, the longer you hold it, the more it decreases in value as the humans tend to use up their productivity within a few years. So it would really be a get in/get out buy/sell approach. I think this could be a niche and profitable crypto market. I've dabbled a bit in human trafficking but I'm not an expert; mostly just staking some small-time smugglers running the Laos-to-Macau-to-Dubai route.

Another idea for a stable coin I had is linked to endangered species. Because the number of these is finite and known you could realize rapid returns through periodic culls of the animals. For example, there are something like 65,000 orangutans in the wild. If you culled 6500 you'd essentially increase the price of the coin by 10%. A consistent cull over a period of 10-20 years would realize exponential profits until the population reached four or five orangutans.

Hmmm, I think I'm only an investor in the second idea. Hyper-deflationary tokens like that totes give me a hard-on.