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Thread: Cryto Currency

  1. #76
    Me? Post? Never! Club Member Marty's Avatar
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    Quote Originally Posted by Sheefa View Post
    Coinbase as I said is not a wallet and is risky. You should never store coins on there for long periods, only immediate trading or nominal sums.

    Agreed Cryptocurrency is a huge opportunity and there's still plenty of time to get into it and profit - as well as lose. Risk free capital should ONLY be used.

    Agree around your comment on Altcoins and this is where there will be the most significant gains that will totally dwarf BTC.
    I quite agree with you i wasn't implying to use coinbase as a wallet - just as the easiest medium to buy crypto

    Hit $10k overnight after a few tries, now at 10.6k Expecting some sort of retraction soon. I hope so anyway or the altcoins are really gonna suffer as people FOMO Can't wait for the altparty !

    One thing that's for sure, bitcoin hitting the $10k milestone will be all over the news and more speculators will flow in to crypto looking to make a quick buck.

  2. #77
    Posting is my life! Club Member Sheefa's Avatar
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    Quote Originally Posted by Marty View Post
    I quite agree with you i wasn't implying to use coinbase as a wallet - just as the easiest medium to buy crypto

    Hit $10k overnight after a few tries, now at 10.6k Expecting some sort of retraction soon. I hope so anyway or the altcoins are really gonna suffer as people FOMO Can't wait for the altparty !

    One thing that's for sure, bitcoin hitting the $10k milestone will be all over the news and more speculators will flow in to crypto looking to make a quick buck.
    Ah right yes Marty it is best way for quick purchases agreed.

    Yep, it's a resilient BTC train alright. Thing is I can't see there being a huge retrace soon and even looking at the last two major dips it has bounced back in a matter of a week or two! I'm cold storing mine for a good 5+ years now for sure.

    Fingers crossed we get some significant alt gains albeit they haven't disappointed so far.

    Let's keeping talking

    Greg

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  3. #78
    Sunday driving Club Member stevie_b's Avatar
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    Thanks for your advice Sheefa and others - really appreciated. I was naive about the safety of exchanges, you've opened my eyes.

  4. #79
    I'm part of the furniture Club Member grahamc's Avatar
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    What do you guys use for a wallet? Is there something on the iPhone that I can use? Best way to get the coins out of CoinBase?
    -GTR and 240z are now officially SOLD
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  5. #80
    1.21 Gigawatts Club Member Wez's Avatar
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    Quote Originally Posted by grahamc View Post
    What do you guys use for a wallet? Is there something on the iPhone that I can use? Best way to get the coins out of CoinBase?
    If you have 5 BTC in your mobile wallet you phone is worth $50k
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  6. #81
    Work... what work? Club Member
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    Jesus, sticking in a wad last night certainly paid off...

  7. #82
    Me? Post? Never! Club Member Marty's Avatar
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    Just got up, $11.5k ,wtf
    It's gotta be at the thrill/euphoria stage

    Graham, there are a few mobile wallets available but the best cold wallet would be a ledger - this is what i'd personally use if i was you. Either that or just use a paper wallet.

    Greg, you're right, we are a lot higher than i expected to get tbh but we know things don't go up forever in crypto A slight retracement to $8k wouldn't surprise me one bit once the $10k FOMO dust settles. Though bitcoin futures starts next month so that could well keep the price high

    - - - Updated - - -

    Quote Originally Posted by Wonga Spar View Post
    Jesus, sticking in a wad last night certainly paid off...
    Well in pal, don't be afraid to take some profits

  8. #83
    Posting is my life! Club Member Sheefa's Avatar
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    I'll get you a full list later but PLEASE don't store anything on exchange or hot phone wallet. Paper/cold storage wallets are best and safest by far guys.

    Greg

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  9. #84
    Posting is my life! Club Member Sheefa's Avatar
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    All recommended cold storage wallets attached.

    Greg

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  10. #85
    Helpful Club Member Scooter's Avatar
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    Well I'm happy some of you are making money (whatever form you end up keeping it in!) I'm still sitting here with my head mildly spinning
    Number 8 ...........doing my best to keep
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  11. #86
    I'm part of the furniture Club Member grahamc's Avatar
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    Sheefa - which do you use?
    -GTR and 240z are now officially SOLD
    very shortly the MK1 Escort will be up for sale

  12. #87
    Posting is my life! Club Member Sheefa's Avatar
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    For what Graham?

    Those wallets listed are for all different alt coins and Bitcoin. I used various ones for the different coins. I.e. you can't transfer Bitcoin to an Ether wallet as you would lose your investment. You have to use the specific individual wallets listed above for the specific individual coins. They are NOT interchangeable.

    I bought a Nano Ledger S a month back which cost about 100 and is a hardware crypto wallet and thoroughly recommend it. Great for storing your cryptos offline and especially for Bitcoin.

    Greg

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  13. #88
    Did somebody say carbon? Club Member Ric's Avatar
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    Exodus is by far the best wallet i've come across but it doesn't support everything. but certainly supports enough for most people. It's great to have everything in one place.

    I also have a Ledger S for cold storage but the fact that you can only have 4 apps at one time is a bit poor.

  14. #89
    1.21 Gigawatts Club Member Wez's Avatar
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    Quote Originally Posted by Ric View Post
    Exodus is by far the best wallet i've come across but it doesn't support everything. but certainly supports enough for most people. It's great to have everything in one place
    Looks interesting, I just use the coins official wallets, but they can be slow as they join the network and need to sync with the blockchain.
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  15. #90
    Posting is my life! Club Member Sheefa's Avatar
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    Quote Originally Posted by Ric View Post
    Exodus is by far the best wallet i've come across but it doesn't support everything. but certainly supports enough for most people. It's great to have everything in one place.

    I also have a Ledger S for cold storage but the fact that you can only have 4 apps at one time is a bit poor.
    Ric

    Agreed, that is poor and only something I've just found out. Stupid really given it surely has more memory on it?!

    Greg

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