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lauferdc01

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Posts posted by lauferdc01


  1. 33 minutes ago, Guybrush said:

    Heard this too often... XRP will never rise again if it were up to you. As soon as your bag is full, the next person wants it lower... neverending story.

    XRP should rise. Period.

    I think you are misinterpreting what I'm saying. I'm fine with either outcome if it should continue to rise or not. I know that it is an inevitability that it will rise, possibly even spike. When that is I don't know or care. I'm looking at this from both perspectives: I'm fine if it keeps rising, because duh I have a large enough stash, but if it stays low then I can continue to stock up. Either way I'm fine with what happens, it's just that the other option yields less value overall.


  2. 1 minute ago, JannaOneTrick said:

    I am done buying, I bought at 0.37$ in summer 2018, but if I were to buy more, I would buy up to 1$.

    Everything below 1$ is free multiplier from my perspective.

    The 0.x - 1$ is very important because only in this price range you get exponential growth.

    Average buying price 0.3$

    Supposed price peak in the next speculative bull run: 10$

    Multiplier: 33.33

    But

    Average buying price: 1$

    Supposed price peak in the next speculative bull run: 10$

    Multiplier: 10

    Anything between 0.x and 1$ is the golden opportunity for a optimal % return.

    Word on that. Right now I'm pooling up some money and waiting patiently for the price of it to potentially go back down to .31 so I can get an extra 10k XRP in my pocket. Right now doesn't seem reasonable at all. A difference of 5 cents really does feel bad man. I'm actually really hoping it goes back down so I can make my move, but who knows, the hype at the moment could keep it going.


  3. Call me crazy but I actually kind of wanted XRP's value to go back down to .31 or even lower so I could buy some more, haha. If it was gonna crash at least crash all the way so I could get more for my dollar. You know what I'm saying? But, either way, if it rose or fell I'm okay with either outcome. It's just that the other outcome I'll be getting a bit less, but eh, it's no big deal.


  4. I wonder at which point it will be when the news will actually get off its ass and be like "Oh. This is a thing. Again? Wait what? We should probably do the news reporting thing."


  5. 7 hours ago, DD_XRP said:

     

    I know it's not the right topic, but would just like to ask a question.

    If you would like to go to another thread, let me know ;) 

     

    I was playing with this idea too.

    In my business, we are in the middle of an IT migration, and I have 3 old servers which I could use to mine some alts.
    No electricity costs.

    1x DL 120 G7
    Dual I3 2.10 Ghz
    2 GB RAM 
    Windows server 2008 R2 64

    2x DL 380
    Dual Xeon 2.40 Ghz
    50 GB RAM
    Windows server 2008 R 64

    I can choose to throw them away or to use them for alt mining.

    Would this be something that's technically feasable without modfications?

     

    We should probably take this to a different thread, but for the sake of posterity I will answer it here. To be honest, given that you had those rigs for free I think it would be good to run them with CPU for mining coins like Aeon. But, for the most part, I wouldn't rely on server tech to do the job, since their motherboards aren't very well suited for this sort of stuff. But, hey, if it's free electricity, go for just having it mine at all times and find a coin you like.


  6. 2 minutes ago, Baka said:

    tbh I don't know much about cards on computers , I ve got an iMac and I have since 10 years +

    But I was interested in buying a mining rig last year but the price (1000-2000$) + the electricity price put me off 

    Honestly, I am very conservative with my mining. I only use what I have and I just rely on the free electricity and the market prices going up to take care of me. Even though I get ~100+ or so per week, with the way RVN is going up, I really don't care how much I get, so long as it's a consistent stream of it. Having some is better than NOT having any. Who knows that one RVN could be worth $19,000+ (sarcasm). I mainly just used my PC for gaming, but re-purposed it for mining, since I feel the time is right for it. That and I already played enough of what was released lately to where I feel justified in mining, as a trade off for gaming for nothing.


  7. 3 minutes ago, Baka said:

    you get 25-40$ ? or raven coin ?

    25-40$ is a lot !

    No, I get like 25 - 40 RVN per day, I probably should've clarified on that. But, given the way RVN is growing, it could end up being that way, haha. However, if you are using Radeon VII's you should probably mine a coin that is more AMD friendly than RVN. Ravencoin is more suited for Nvidia cards.

     

    Though, with a card as powerful as the Radeon VII, I have ended up solving the block reward once or twice, netting me around ~200+ RVN or so. That card is the most powerful card for mining, currently, and if RVN was more AMD friendly, there could be some people with 480's coming out and mining the hell out of it.


  8. Just now, Baka said:

    i see , but I don't think it's worth for me to get a computer that can min 

    How much $ you can make / day? with those coins you min ?

    Well, given that the 390X is a fairly old card, about 4ish years old and the Radeon VII is fairly recent, I get about ~30+ mh/s, which equates to about 25 - 40 per day, which isn't bad, given that my electricity is free and my dorm's AC keeps the cards relatively nice and cool. It's not an exciting nor over-the-top build, but I did get what I paid for. Which... was actually just for gaming, and then I got bored and just left my computer on to mine RVN and AEON.

     

    Which, for Aeon I only get like... 1 a day, but that's CPU mining for ya. And CPU mining on a Threadripper 1950x, which for Monero mining is suspiciously good at. Like 1000 - 1500 h/s good. Doesn't sound like a lot, but tied to GPU mining for Monero can actually add up.


  9. 1 hour ago, Baka said:

    I'm thinking of putting some money (small amounts , all I can afford) but I have 100% in XRP but now I'm wondering if ADA/raven/BNB or LTC/ETH isn't a better idea.

    They are all going up a lot every day/week/month, where as XRP isnt moving or even decrease.

    Maybe putting in ADA and in 3 months trading it for XRP , hm

    Well, I am all in on XRP, but I have a mining rig set up so I can mine Ravencoin, which I can do for free, since college campuses don't charge for electricity B) It's not a terribly amazing rig, since it only has 390x and a Radeon VII in it. But, it gives me enough to where I am getting a decent amount of RVN per day. That and I do CPU mining for Aeon or some other, super easy CPU mineable coins out there.


  10. 17 minutes ago, 010101 said:

    I'm more of a position trader with some holds BNB (hold), XRP (hold), trade this year ELF (almost weekly it channels 7-10% a week), RVN has been on a terror (holding or 3.5 weeks), was in ETH move from 105-141 earlier this year, 0x last night for 6%. 

    The big 4 for me are (XRP, ELF, RVN, BNB) of course there have been many that moved much faster and farther, but I wasn't on that train.

    I've been trying to get into RVN, since I knew it would be a marginally good investment, but I am not all too knowledgeable on its performance as of late or its history.


  11. 18 minutes ago, retryW said:

    A lot of people here have lost upwards of 90% of their investment.

    What's another 5-10% ?

    For me, I accept that any money I've invested in DAs is lost forever. If it turns out I make money from it instead, then I'll be over the moon (pun sort of intended).

    Have they, or you, ever gotten it back? I take it this whole thing is matter of mental resilience and extreme patience. Then again, this is my first time ever investing in anything.


  12. 40 minutes ago, dr_ed said:

    I don't envision a scenario where I would sell the position I'm holding. For one thing it's held 30 cents way better than a whole raft of naysayers said it would, and it'll probably keep holding 30 cents as a firm bottom........unless BTC takes one last capitulation down leg, which will pull down the whole cryptosphere......but if that happens I'd view it as an opportune moment to ADD some coins, not sell out.

    The overwhelming likelihood is that if that happened it would be a short, brutal drop that takes BTC down to 3000......or maybe down to the next support at 2200. And then the market will start a new cycle. Markets are cyclical. There is no evidence that XRP will go to zero. Not the slightest reason to think anything like that. What you might not know is that these constant FUD hit pieces are written by people who have websites that advertise that they'll say anything you want them to say......for a price.

    Here's a strategy that works, Buy when assets are selling at ten cents on the dollar, which is to say now.

    You buy them. The next time the market seems to be going bonkers and prices are way up, consider taking some profits. Most people do the exact opposite, which is why a fair number of hodlrs are underwater at the moment. 

    We are in a buyers market. It's impossible to catch the perfect bottom. We're close enough. I've been accumulating XRP and a handful of others since early November. The market hasn't done anything at all that worries me........and it might be some time before we really have great gains, but you don't get those gains by selling when the market is at a point of capitulation.

    People get worried because they buy too much...more than they should buy, based on their personal finances. And then they get all worried when their beloved asset doesn't make them rich in 3-6 months. It isn't that easy, unfortunately. You need to use common sense, risk what you can afford to risk and wait for the market to heat back up, which it will. I don't know the exact timing, but I do see the evidence that it will happen sooner or later.

    There are sometimes (but not often)  good reasons to sell an asset when it's down. What would be a good example?

    Like..Right now BTC is number one and it's a decent bet at these prices, and its a real good bet if it drops to 2200. But if BTC suffers a 51% attack because its too centralized because all the miners are in 3 consortia all existing at the whim of the Chinese communist party? Then it might fall  a whole lot further than 2200, and it might not come back.

    And/or when some other crypto ( a fast, scalable, decentralized one like XRP) takes over as the cash of the internet? BTC might just slowly fade away.

    But you can't necessarily count on getting out with anything if something like that happens....so how do you manage your risk?

    You hedge somehow. You don't put all your eggs in one basket. Even if its a lovely basket.

    You keep a reasonable limit on your position size. In my opinion, someone who has no savings at all  and no way to even pay an unexpected repair bill on their car probably shouldn't be putting half their paycheck into XRP or any other crypto.

    But people do things like that. And then they're eaten up with anxiety, and they're hard pressed not to sell when they see the market moving in the other direction than what they were hoping. And they become obsessed with each daily price move that in five years will be so tiny they don't show on the chart.

    I don't mean to preach.....just maybe teach, if you're willing to listen. 

    Much thanks! I guess what also doesn't help is that I am a super anxious person and I am medicated for it, so I tend to be a little more on-edge whenever I see huge spikes downwards, haha. I always try to think that this is a good opportunity to buy more, since the price is significantly lower. Thankfully I don't have any bills to worry about at the moment, aside from a monthly car payment, which isn't really that awful.

     

    I've been trying to break the habit of regular, daily, price fluctuations, because at one point I did get a bit obsessed over it. Though, at the moment, a lot of my eggs are in XRP, I did start putting some into Stellar and Cardano, while at the moment been contemplating Ravencoin, but I am not 100% on the up-and-up on whether or not I should go with that one.


  13. I am by no means a strategist when it comes to hodling my XRP or other forms of crypto, but generally whenever I hear of a coin that is tanking, people often times will bail out at some point. Do you guys normally just hodl them and hope for them to rise back up, or do you bail after a certain point? Because admittedly this XRP news as of late hasn't been the most morale inducing, and it hasn't really caused the value of XRP to go up. Correct me if I'm wrong on that last one. Then again, I am very much a "n00bie" when it comes to this sort of stuff. Any tips or advice would be greatly appreciated!

     

    Thank you :)


  14. Hello, new guy in town,

     

    I've been wondering how much per-paycheck you guys happen to put into investing XRP. For me, after bills are paid, I tend to put a good half into it. Not sure if this is a risky or stupid move, but yeah. Let me know what you guys do, just to gauge if what I'm doing is right or not.

     

    Thank you!

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