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MplsGopher

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An NFT itself is the reward you get for incurring an amount of cost from digital mining.

A non-fungible token (NFT) is a unit of data stored on a digital ledger, called a blockchain, that certifies a digital asset to be unique and therefore not interchangeable.[1] NFTs can be used to represent items such as photos, videos, audio and other types of digital files. Access to any copy of the original file, however, is not restricted to the buyer of the NFT. While copies of these digital items are available for anyone to obtain, NFTs are tracked on blockchains to provide the owner with a proof of ownership that is separate from copyright.

It’s the NFT itself that’s valuable, because there can only ever be one of that unique coin.


Anyone can get access to a copy of the digital asset, the picture, gif, or whatever, itself.
 

WhoFellDownTheGopherHole?

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I'm convinced the day I buy in it will crash.

In 2018 the crash was like an 80% correction.

The way Crypto is gaining steam globally, the next correction may only be 40-50%.

Short holds til end of summer or long holds to 2025 are probably the best two ways to get in on huge gains other than trying to day trade.
 

WhoFellDownTheGopherHole?

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It doesn't get as much hype as the other coins around it, but EOS has quietly doubled in price in a month's time and is undervalued at $8, which is still only about 1/3 of it's previous all time high.
 

MplsGopher

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In 2018 the crash was like an 80% correction.

The way Crypto is gaining steam globally, the next correction may only be 40-50%.

Short holds til end of summer or long holds to 2025 are probably the best two ways to get in on huge gains other than trying to day trade.
You could always go to the casino, too.
 

fan of Ray Williams

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In 2018 the crash was like an 80% correction.

The way Crypto is gaining steam globally, the next correction may only be 40-50%.

Short holds til end of summer or long holds to 2025 are probably the best two ways to get in on huge gains other than trying to day trade.
The volume is unreal. For instance the first week of the year ETH was over 301 Billion for that week.
 

Costa Rican Gopher

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Theta jumped to a new high of $15.90 this morning & has now dipped back into the mid $14's. Still close to a 20% jump from the $12.50 it was at yesterday.
 

MplsGopher

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You're comparing burning money to investing in the Industrial Revolution. :p
I have nothing against speculating on crypto. But let's call what you're doing what it is.

You have zero intention of spending even a drop of the currency you've purchased on any kind of good or service.
 

Costa Rican Gopher

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I have heard that part of why Bitcoin skyrocketed the past couple years is Hong Kong & Taiwanese money desperate to get out of the banks before China confiscates it all. Not sure if true, but the timing & logic makes sense.
 

WhoFellDownTheGopherHole?

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I have nothing against speculating on crypto. But let's call what you're doing what it is.

You have zero intention of spending even a drop of the currency you've purchased on any kind of good or service.

Actually, if i wait long enough - i will eventually be able to use it as currency and have less of a tax penalty for not actually selling it. (Or I can borrow against it while putting it into an 8% stake yield that would far surpass the loan rate) Many businesses are already letting people use crypto to make purchases. It'll be interesting to see how quickly (or not) this becomes widely adopted.
 

Costa Rican Gopher

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HODL, buy the dips! Think of this as a 25% off sale.
I'm just joking around. I already started moving some money around to buy more at discounted prices. I'm still up about 30% since I started, even after this dip.

I did however get liquidated when from a futures position when my Theta dipped down to $9.00. My buddy who turned me on to Theta got his hard on that. He'd been pressuring me to leverage my Theta 3x, 5x, whatever. I buckled to his pressure, but luckily only put about $1000 into a 3x contract just to check it out. Still, it cemented my opinion that I'd rather transfer my Theta over to the actual Theta site and stake it for ThetaFuel tokens.
 

howeda7

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The issue I have is India has rattled sabres about banning it and who knows what China will do to it. Either of those two could cause a crash if they make a move. I don't think they can tank it, but a big correction of like 30% would seem likely.
 

stocker08

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Dogecoin is basically designed to fail. But that won't keep goons from pumping it. Sounds like they are going to try to pump it to .69 or as high as a dollar tomorrow. Good luck.
 

GoodasGold

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Beanie Babies are a solid investment opportunity. Start collecting yours today!
 
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