Crypto Bitcoin @ 10k...

Yeh.. their fees aren't worth it for the bigger coins.
Coinspot is only good for smaller coins that a lot of other places don't trade. If BTCMarkets or Binance traded the smaller coins, I'd ditch Coinspot altogether.

Going against my better judgement, I signed up to Coinspot even though it screamed 'identify theft' through its verification process.

 

Yes with a few clicks I can convert all my holdings to AUD and debt recycle one of my largest splits that I didn't forecast to reset until October 2019.

I could do that right now, but have instead decided to hold... went up another $3k since my last post (after CGT obligations)

 

Blockfolio?

 

Coin stats. I find it better than Block.

There is a better screen that keeps track of everything, profit/loss and all. Just no way to hide values for screenshot.

 

Which app is this? I've used Blockfolio and Delta but not that happy with either...
edit: just saw, thanks

For anyone signing up to CoinSpot: if you decide to enable 2-factor authentication, make sure you record the secret key that is displayed alongside the QR code. Otherwise if you need to reinstall the Google Authenticator app, you won't be able to add CoinSpot back without it. This means you need to reset 2FA on your CoinSpot account, which requires another photo ordeal...

 

Here's my current portfolio. To give a rough idea of growth, see how big STR/ADA (blue/orange, top left) each are... all of the big holdings started that size.

 

Totally can. But you should HODL!

 

Note to self: Don't put yourself in a position having to reinstall the Google Authenticator app - you didn't record the code!

Any way of getting the code now?

 

Yep just HODL. That said, it's hard to do so just because I only put in what I was willing to lose in the first place... the benefit of cashing out now is pretty hard to ignore.

I ended up making a spreadsheet to see how much % of my crypto I should skim off on a regular basis, but with the growth rates as they are (2.46x per month - surely unsustainable but it keeps accelerating) even a small amount like 1%/day hurts the compounding effect too much.

It actually feels like a game of snakes and ladders; you can take a ladder half-way to the goal now, or you can wait a bit longer for the ladder to reach all the way to the goal, or possibly past it.

Sorry I didn't relay this earlier... I think the best solution is to find a way to back up the application data.

 

Yeah fo sho. I just use them to get the more obscure stuff. I actually tend to keep it on there too as I can't be bothered getting individual wallets for every altcoin. If any of them shoot up in value suddenly I'll have to reconsider though

 

Anyone on here mining BTC?

 

I think Xenia is mining it with her smartphone

But seriously, it’s just not profitable unless you have access to very cheap or free electricity. Plus, you need an ASIC miner and the best ones can only be purchased in bitcoin cash unless you buy it from the secondary market at triple the price lol.
Just better off holding the coin.

 

Ripple?! Anyone lucky enough to get on that train?

 

Not me @hammer. Good mate of mine bought 36,000 Ripple about a month ago when it was about 25 cents. I'm thinking of dropping some $$ into MIOTA. Thoughts about it?

 

I am overweight in Ripple... although @hammer would say I'm underweight in everything else

IOTA could be poised for a good bounce, I'm not adding any to it personally (I bought it at $1) but if I didn't have any I'd probably start buying into it.

 

I jumped in on the 12th @ .38, only wish I got more.

 

I can't for the life of me remember how or why but I was given 1000 ripple years ago from Ripple, I had no idea what they were or any understanding of them and filed them in the "more junk" drawer as they were essentially worthless back then.

When Bitcoin started to go nuts I looked into some of the other coins and saw Ripple were up to about 36c I knew I had them somewhere and found the paper wallet stuffed in my drawer.

Pretty happy with those freebies.... They were around a dollar a pop this morning.

 

I see no DOGE in there. much offended

 

so coin
many bamboozle

 

Big drop happening right now in a few of the alts..

Fasten your seatbelts.