Don't actually think it's crypto like btc is, i heard you won't be able to buy drugs with it because it's traceableSounds like a pyramid scheme. My cousin always get involved in so many of them ranging from crypto to just outright mutli level media marketing peddling bullshit products.
I also wary of any place wanting your phone numbers info or anything. Crypto should be crypto not track yall ass and steal all your info to sell to people
pi seems like fraud i doubt the auctions are acutally legit.
Make sure you verify your phone number and get kyc verification (you need yoti), otherwise you won't be able to make transactions once phase 3 and the wallets are rolled out
Worst thig can happen is you are lucky ang get 10x and then get greedy and invest the 1000$ again and lose them.After my losses this past week, I decided to stick 99% to my long-term holds based on fundamentals. But I like the thrill of betting on gains, so I decided to take $100 (a tiny fraction of my portfolio) and consider it my high risk slush money. I took a look through the penny stocks reddit sub, looking for companies that had a few mentions and had not budged much from their baseline. I stuck that $100 into a very small market cap penny stock today that a few people mentioned, which had grown by 10% each day the past 2 days but no more than that. I think I may have timed it just right because it grew 30% today and the graph is beginning to look like the runup to a big spike. Since it's such a small amount, I'm not too worried about it, but if it takes off on reddit, it could do a quick 10x easily, and I'd gain a nice amount of money. This is my first one, so I'm just experimenting. I could set a sell limit at 2x or 3x but I haven't yet, going to see how it goes and if I miss the spike (if there is a spike), then I've learned, and I also have the chance to get some serious gains.
It satisfies the thrill of betting that I enjoy, while not putting me in any danger of serious losses. Even if the spike happens briefly and I miss it, it should go back to slightly below the level that I entered, because it was plugging along at relatively the baseline when I got in. I figure I'll try to play with this strategy, and if it succeeds from time to time, it will be a nice boost and a little bit of excitement. If this strategy proves fruitful, I'll probably start setting some multiplier as a sell limit as soon as I enter... if I set it to 2x gains, I could easily catch even a very minor spike, because with really low market caps, it doesn't take much to push up to that level.
We'll see what happens.
Got some guy in the states sending me 3 bags of the hottest taki chips in exchange for some pi (10) that took less than a day to mine
Aparantly they're mega hot, I'm well keen.
Its technically free stuff at this point, pi could never amount to anything.
It could also end up like bitcoin in which case they'd be some mega expensive chips
Worst thig can happen is you are lucky ang get 10x and then get greedy and invest the 1000$ again and lose them.
No i havent had the offer to get it yet, you have to show ID with the Yoti app aparantly...Alright I am going to stick with the phone app, if they ask for anything beyond what every fucking company lready knows about me (name + phone number) for KYC I won't do it. I won't install a node, that's for sure, way too sketchy. At the moment I can't see how running the app is doing any harm. And my name and phone number is all over the place already.
Did you do KYC yet, jhjhsdi? What do they ask for?
This is exactly why I didn't buy BTC when it was at like $24000. I was so inexperienced with crypto at the time and had just got into it when that crash happened. Ended up losing like $4000!It is kind of skeeving me out that SO many companies are "mooning" basically just in the past couple of months, or even weeks. It reminds me of the sudden and extreme crypto spike in 2017. For those of you more experienced, does this seem to indicate that we're in a bubble and heading for a crash soon? What are your thoughts on that? Why are there so many charts that look like this?
Whenever a crash happens, I hope to be able to see the writing on the wall and cash all out into USD and hang onto it until I can buy back everything but double my positions and watch it all come back with a smile.
I mean it pretty much just goes up and up and up with inflationhow far can the stock market max out in the future surely there comes a point where the stocks are so expensive it hits a limit. Though over the past decades they have overall all increased. Will incomes rise to match such things or will the wealth gap get so large between the rich and poor. Will the market hit 100k by the end of the century?
I want to try find a start up that becomes big sometime in my life invest in it early and make bank.
I contribute 10% of my salary to my 401k, and my company matches 5% (most they'll match), so I got that covered, I don't even think about that money because it gets taken out pre-tax and I never see it. It gives me a lot of peace of mind to have that happening, so that I can retire some day and support myself. I wish crypto hadn't turned me off from investing for a while, I almost decided to start investing when the market tanked in April, but decided to put it off, would have been awesome to have caught that quick recovery from the bottom. But that's okay, I think ETFs and mutual funds as long-term holds are pretty surefire ways to grow your money. They even survive market crashes if you don't sell.