Cryptocurrencies 101 -- what I've learned so far

Discussion in Cryptocurrency

Updated January 22, 2025

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Cryptocurrencies 101 -- what I've learned so far

February 5th, 2021, 11:45 AM

#1 (permalink)

Big Mike

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Hey guys,

With recent talk about cryptocurrencies, I wanted to push myself to create this thread and try to share some things that I've learned so far about cryptocurrencies.

I intend to share a lot in the thread. Please "follow" to be updated when I post...

Mike

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February 11th, 2021, 09:51 PM	#2 (permalink)
jokertrader NYC, NY Elite Member Experience: Intermediate Platform: Sierra, TT Broker: N/A Trading: Spread Researcher and crypto degen Posts: 654 since May 2013 Thanks Given: 545 Thanks Received: 360	Hey BigMike loong time follower but not much of a contributor but thought I can add snippets/gotchas on crypto cash things - not sure if this is the right thread or there is a general Crypto trading thread where people can share whether it is trading, buying, wallets, staking including diff altcoins - thanks Sent using the NexusFi mobile app

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February 11th, 2021, 10:32 PM

#3 (permalink)

Big Mike

Manta, Ecuador

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For general talk, feel free to use this thread. Detailed topics like choosing a wallet(s) might be better served in their own dedicated threads.

But yes, I look forward to more contributions in this area!

jokertrader

Hey BigMike loong time follower but not much of a contributor but thought I can add snippets/gotchas on crypto cash things - not sure if this is the right thread or there is a general Crypto trading thread where people can share whether it is trading, buying, wallets, staking including diff altcoins - thanks

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February 11th, 2021, 10:33 PM

#4 (permalink)

Big Mike

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Also, I think one thread per (alt/shit/stable) coin is best, to organize it.

jokertrader

Hey BigMike loong time follower but not much of a contributor but thought I can add snippets/gotchas on crypto cash things - not sure if this is the right thread or there is a general Crypto trading thread where people can share whether it is trading, buying, wallets, staking including diff altcoins - thanks

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Sent using the NexusFi mobile app

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February 12th, 2021, 08:32 AM

#5 (permalink)

Daytrader999

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Big Mike

Also, I think one thread per (alt/shit/stable) coin is best, to organize it.

...Is there really a Crypto called Shitcoin?

If so, it seems that I'm really getting too old for this sh..

"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn

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February 23rd, 2021, 10:13 AM

#6 (permalink)

DavidHP

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I posted in Cryptocurrency Trading Platforms
#post835158

I am just getting into crypto so if you think that is best to be here you should move it.
Thanks

Rejoice in the Thunderstorms of Life . . .
Knowing it's not about Clouds or Wind. . .
But Learning to Dance in the Rain ! ! !

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February 23rd, 2021, 10:40 PM	#7 (permalink)
mongoose Chicago, IL Elite Member Experience: None Platform: oil super computer Trading: multiple Posts: 272 since Jun 2011 Thanks Given: 817 Thanks Received: 433	Does this qualify as a shitcoin? saw it browsing through the coinbase app while bored and it made me hungry.

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February 24th, 2021, 07:13 AM	#8 (permalink)
jokertrader NYC, NY Elite Member Experience: Intermediate Platform: Sierra, TT Broker: N/A Trading: Spread Researcher and crypto degen Posts: 654 since May 2013 Thanks Given: 545 Thanks Received: 360	Well I am just trying pancake swap and seems limited for exchange but but cheaper in transaction fees using Binance coin as compared to ETH... so don�t discount those cakes !!! Sent using the NexusFi mobile app

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February 24th, 2021, 12:21 PM	#9 (permalink)
SMCJB Houston TX Legendary Market Wizard Experience: Advanced Platform: TT Stellar & Tradestation Broker: Primarily Advantage Futures Trading: Primarily Energy but also a little Equities, Fixed Income, Metals, U308 and Crypto. Frequency: Many times daily Duration: Never Posts: 5,241 since Dec 2013 Thanks Given: 4,584 Thanks Received: 10,523	Not a pancake fan, and neutral on waffles, do like sushi though!

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February 25th, 2021, 12:28 PM

#10 (permalink)

mongoose

Chicago, IL

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On that news pancakeswap is trading lower today, big fan of French Toast though.

Joking aside glad to see @Big Mike adding crypto to the site. Even if I don't actually trade them they are very interesting to read about.

SMCJB

Not a pancake fan, and neutral on waffles, do like sushi though!

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