Dropped 100$ in doge

PJ Diaz said:

I traded 1/3 of my ADA yesterday for MATIC and made a nice little 10% despite the current slump.

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bernie344 said:

Bernie still smashing em outa the park, with the king coin down to 40k usd, 52k aud.
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Where I live an oz of weed is $200 so Im almost producing a pound of weed a month from 1250 watts, and there is no manicuring drying or packaging and its sold in 1 second.
The average grow takes 4 months, so who here can grow 4 pounds in 4 months off 1250 watts.
You wanna talk about power consumption?

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PJ Diaz said:

I traded 1/3 of my ADA yesterday for MATIC and made a nice little 10% despite the current slump.

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xtsho said:

You guys be careful with your money out there. I've been in this game a long time. Before most had even heard of bitcoin. I've seen too many pumps and dumps to count. A bunch of people lost their shorts a few years ago when bitcoin made it's first big run to $20K. A year later it was barely above $3000.

Many of these coins have no real world use. They are not being used for anything but speculation and will never be used for anything. Many are held by just a few people with ties to the many cryptocurrency exchanges and manipulate the price. Fake volume on the exchanges is a very real thing. Places like coinbase are highly regulated and don't do that kind of stuff but even they follow the average price of the coin which as I have stated is usually being manipulated by a few.

And getting in now carries extreme risks of getting dumped on when the early entrants got in on coins like ETH for under $1. There is going to come a day when a bunch of those coins are going to be dumped for profit.

This party is not going to last just like the stock market party will likely come to an end soon as well. The prices are all based off of hype and nothing else.

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bernie344 said:

You made 10% on one third and today lost 20% on the other two thirds.
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Tell us about your losses, I bet your only down $5 cause you started with $10......Mr Big time

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Token Dankies said:

what I don't get is what everyone will use these coins for...

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PJ Diaz said:

Well actually I had already traded the MATIC back for double the ADA that I originally used to buy the MATIC with. Doubling my coins seems like good profit to me. I'm in it for the long haul, I don't plan on cashing out anytime soon, and even if I did cash out right now during the major dip, I'd still be making profit on my original investment.

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bernie344 said:

Hahahahahahaha, Ive read enough shit from you and wont be reading anymore.

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