Did you HODL?? Or SODL?? LOL | - E.1 - What was your Week in Crypto like?

in #cryptocurrency8 years ago (edited)

We are seeing unprecedented growth in the entire Crypto Currency space, not just in Bitcoin.

Are you HODLing everything? SODL some? Moved profits into one place or another?

What's your take on things here?



Thanks for reading, have a nice day.

Img. sourced from the LEGENDARY thread where the term HODL was first..... coined - LOL. - BitcoinTalk.org



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Haha i love this show ! " Hold The Door" !!!! Lol !👍👍👍😂

Oh Yeah !!! Game Of Thrones is awesome !! I just finished binge watching it from season 1 , my son downloaded them onto my tablet and ive watched up to where this happens and just passed it ! Love it !!😂👍👍😊💙

For real though, I sold 450ish steem earlier to get some LBRY. I think the two are going to end up going hand in hand. LBRY to replace YouTube for starters. LBRY is an entire protocol in a way that steem is a platform. I'd be curious to see steemit transition to the LBRY protocol at some point, would be amazing.

Hummm ! Im such a nood im just now trying to figure out how i can cash out some of my steem to help me pay my rent ! Lol! I just opened a account !😊👍

Where do you live? Like what country I mean.

Im in Canada thats why i just commented to Barry , he said once I was ready and opened a account on poloniex he could help me as i dont have a clue on how this works , theres a first time for everything !! 👍👍👍

While you do need to use an exchange such as Poloniex, Bittrex, or shapeshift.io, any exchange to convert with honestly, you need to get an account set up on either Uphold.com or Coinbase.com. I haven't really used anything but those two, except localbitcoins.com but there you have to pretty much agree to meet people, find an atm, or blind trust over the internet. I recommend Uphold.com personally, but whatever you choose, coinbase.com or uphold.com are going to pretty much require a linked checking account which takes several days. I just sold some BTC today to pay bills and it will be credited into my account on or before Wednesday. Hopefully that helps.

Oh ! So now that i opened my poloniex account , before i do anything else i need to go and open an account as well at coinbase or uphold ! Then go back to poloniex and figure out how to change steem into bitcoin , then do i sell my bitcoin at coinbase !? Im getting confused lol ! And is it hard to change my steem inti bitcoin !? 👍

All i know or think is I need to change steem into bitcoin hen bitcoin into something , does it go into my bank account directly or does it go to paypal !? I have no idea !haha !😊

I will help you learn the basics real quick if you would like. I don't know how fast you need money but there are reputable buyers in BC, Canada. Canada is kind of huge, so I don't know what's close to you. First go to poloniex.com and make an account. You are going to need somewhere to send your steem.

Ok i have a poloniex account now 😊

I just got in. I told her last week to start there also, and then we go from there.

I picked up LBRY 2-3 weeks ago myself, re your other post

That is what I asked her to do the other day and also a Bittrex acct for the other coins Polo or others do not carry. I asked her today to head to Quadriga CX in Canadastan so she can link her bank accts and get going on that end. Just so you know. Ty for helping while I was AFK for a few hours last nite dealing with some stuff.

I have no idea what LBRY, so I'm off to GTS.

lbry.io I highly suggest you learn what it is :)

OK, it's OpenBazaar for video. People host videos torrent style with payments forwarded to OP. Could work. Do you have any info on the quality and track record of the dev team? This seems quite ambitious, but certainly awesome if they pull it off. If Google remains the default source for all video on the 'net, we all loose, even Google in time.

They have held since the price was well over steemit peak market cap, until it fell under 1k satoshi and still aren't selling. They are solid and the product is gold. You can see videos of people using it on youtube.

Cool... I'll check that too. Which exchange for buy/sell?

I just got home, starting to read the pile of comments on this post and then the others LOL

I do not watch this show!

LOL but I know it must be funny if you said it!

Hi Barry , so far ive powered down 2, 754. That i now have in steem 👍 and last night i opened a poloniex account , i found myself really needing this money for my rent but i have never done it before im such a noob lol ! Is it hard to cash it out !? Or what do i do next !? i appreciate any help you can give me 👍

Commented above for you. Send me your email address or DM it to me on Twitter and we can go from there. It is easier than you think but I know it is scary getting started with this. It will be fine.

Thanks i need go get something for dinner ! I have been at this for 2 or 3 hours now ! Lol ! But at the end , just waiting for the BTC to got put into my coinbase wallet ! Then i just need to figure out whats next ! Lol! I will be back in 30 min ! Thanks a bunch !😊👍

I scanned the comments, I see you did get on Polo which is great news. When you get time, set up a BITTREX account also... they have coins you will want that Polo does not have. Not urgent at this point.

Just LMK when you are ready or if you need more help. It's way easier than you think.

Ok im back now and my BTC is now in my coinbase account ! So im almost done , but now what do i do !? Coinbase has my credit card info , but is that how they put money in !? Or how do i change my Btc into money now !?

Hi Barry , for some reason after all this hassle today coinbase for some reason wont let me set up a chequeing account all that comes up for me is debit /credit i guess paypal and chequing may not still be available in Canada ! Its gotten totally rediculous i had no idea how hard this was going to be 7 hours now ! @clayboyn thinks maybe i should try uphold.com !? Who do you use in Canada !? Thats the easiest , i will need to move my bitcoin somewhere else now 👍

You have Poloniex set up. Move your SBD there for now if you have not converted it.

Thanks barry ! Right now i only have about 10.00 SBD but i have been powering down so i just wanted tocash out my first 3 or 4 weeks worth as i needed the money to pay rent , but in 3 or 4 more weeks i will need to go through all this over again ! Im dreading it !!😨😨😨🇨🇦

Happy to be long BTC, ETH, STEEM, and BTS. :)

What happened to that yuge pile of your PIVX????

I didn't include it in my list, but I'm still holding 4k+. I sold off 2k to get my initial investment out of it plus some profits. I'm not sure if I'm LONG long term with it, but I do think it has amazing potential. It might be a great long term hold as well (when I say long term, I'm thinking 5 or more years), I'm just not sure yet.

Yes, that all makes sense to me man. I am glad you explained that, because frankly, I read your posts on PIVX and used it as a

roadmap

LOL, classic crypto word right?....

to understand the market and PIVX better and gain another perspective from someone I know, knows stuff.

I did the same with your BTS posts TBH also. You do explain things nicely, not everyone can do that.

Figured I would let you know, hope it encourages you.

We are called to do that. Have a good Sunday man

Thanks so much, Barry. I was just thinking today about how I might put together some informational products to help explain crypto to people. So many have never even heard of cryptocurrency or why it matters and many others are trying to get into the game but don't know where to start. I think a video series walking them through the basics could be really helpful and valuable.

Agreed, that is why I have always # my various series on here, tied to FB and Twitter also for things to easily find/remember them, ie my #Steemit101 stuff or #Crypto1010 stuff.

It is like that old video on YT of yours I found and commented on, and you then blogged on it after that..... you forgot that was there LOL.

I think you would be perfect for this kinda thing actually.

I have to get offline, keep me posted if you remember. Good job man.

Just think about all those that owned HODL coin http://hodlcoin.com/

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I now have my btc sitting in "coinbase"please let me know who you use in canada where i can use my chequing account to cash it out it doesnt seem to be available in canada i tried " uphold" and it was the same thing after i signed up and everything ! Its such BS ! So now i dont know what to do , i need to move my btc to a canadian site now where i can cash it out 😊 thanks @barrydutton

Go here in Canada and use this link to set up and link to your CAD bank accounts -- https://www.quadrigacx.com/?ref=3f43t58ghbs1hldzi9xystdb

That is who I used to get started and that direct link is a referral link to my account. I don't like it when everyone puts up referral links and don't disclose. It does not help the Crypto space.

Awesomeness @barrydutton !! I was loseing mind last night lol ! 👍👍👍🇨🇦

Nobody else was saying it, so I did, it makes sense right bro???

LOL,

Thanks for the comments today hahahahaha!!! Have a good one and say hi to DASH Nation for me when you are in there or around them later!

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