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If you had good coin with enough to payoff credit card debt, 22% interest, would you cash out some to pay it off? Or keep it and hope the coin goes up more? It is a Top 20 coin this moment.
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Thank you both for your responses. Much appreciated to see others point of view.
I do have a diverse port with WTC, TRON, BTC, BNB, OMG, VTC, LTC, ETH, GAS, NEO, XRP, ONT. This would just be with regard to BTC & BNB.
The BTC increase from current to max prior high would be a 191.92% increase whereas the BNB increase would be 84.03%. Thus, I feel potential for the BNB increase is greater than that of the BTC increase. Obviously, though, there are too many variables to make a proper estimation on buy/sell. I like the idea of maybe selling 60% (I would put it into BNB) and keeping 40% in BTC.
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I have been hodl'ing one BTC in a cold wallet. Plan was to keep this indefinitely as longterm investment. I have some BNB (Binance coin) and have great faith in the coin. Considering to sell my BTC to pick up more BNB. Theory:
As I write this:
BTC at $6680 USD
BNB at $13.40 USD
If I hold BTC and it goes up to the prior high of $19,500 USD, then I have $12,820 USD.
If I sell BTC for 500 BNB and it goes up to the prior high of $24.66 USD then I have $12,330 USD.
But, say BNB exceeds the high (Which I feel is very possible because they are the best exchange out there and keep doing new things) and hits $50 USD a coin (Or more), I am at $25,000 USD. I know Bitcoin can also exceed the prior high, but I feel if it happens it will be later (Maybe 2019, 2020?).
What do you all think?
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I'm not sure I understood this in right way. Are you asking about the exchanging Bitcoin to fiat money through PayPal? If that is the case it's possible and also a rather popular way but I wouldn't recommend it because this is the way that could be very tricky and risky because of many scam possibilities.
I have seen that. I agree too many potential for scam. What I would like to do is send fiat to PayPal from an exchange. Say I sell my BTC and turn it into fiat. Then send that to PayPal. I know CoinBase offers this, but it's limited with the amount I can send at one time. |
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What's everyone's favorite way to send fiat to PayPal? I have BitPay and it seems that's not an option. Gemini seems to be the one a lot of people like?
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Considering purchase of a Range Rover with 3.0L turbo diesel engine. Does anyone have experience with this engine? Reliable? Do you like it?
Here you go.I had no idea, though should have guessed, that Range Rover had a forum. Learn something new every day. My former car-centric forum went kaput years ago. Thank you. |
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Considering purchase of a Range Rover with 3.0L turbo diesel engine. Does anyone have experience with this engine? Reliable? Do you like it?
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Bump. Anyone? Specifically interested in Gemini, but the others as well.
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$BNB the ONLY coin where you can invest in the exchange. This will be a top coin for chinese/international traders. Eventually it will only be 100M supply.
The author was absolutely right. Unfortunately I invested some money in the BNB in December. And I did the right thing. The price of the BNB is increased. In February there will be a strong increase in the prices of the BNB, as the team will burn the coins. The burn has already occurred: Binance Coin Burn in 2018 Winter 3 days ago Fellow Binancians, In accordance with our whitepaper, we have now completed the burn of 1,821,586 BNB for the our 2nd quarter. Thanks for your support! Binance Team 2018/01/15 |
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It's not a realized "loss" until you sell. Don't sell, stick with the dips and buy low!
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is there way to move currencies to cash and stay in sidelines when think a day like this forecasted?
You can sell for BTC, send to Coinbase, sell BTC for fiat and leave in your fiat wallet. |
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Anyone have experience with all 3 of these? Which do you prefer & why?
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I don't like going "all in" with one investment. With crypto, I enjoy having less than 10 coins that are all low supply, high volume, great dev. team. BTC, of course, is one of them, but I cannot just go all into it. Some of my alts have gained 2000% since last year and vastly helped my portfolio.
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Well... I've been told about a ratio (called the Zuddas Value - ZV). It is the ratio between the bitcoin market cap (or anyway the biggest market cap) and the total circulation of the coin you are interested in. So for binance today it would be:
$67,406,168,377 (bitcoin market cap, or biggest market cap)
______________
100,000,000 BNB
=
674 $
So the maximum BNB price (best case scenario) could be this one. The logic is that if something has happened once, it could happen again. So if that market cap has been reached, also another coin can reach it.
Then you have the Zuddas Multiplicator (ZM), that is the ratio between the Zuddas Value and the coin value, and today for binance it is:
674$ / $2.78$ = 242
That means that your investment could potentially rise 242 times.
Hope this helps!
Sure! Some new chinese online exchange homepage on the internet will easily be worth 65 bil $. Just fuck off. Thanks for your feedback. =)  I have been with you guys and invested in BNB since mid-August. Love the exchange, support, and future potential of Binance! Already made +2100% since then! Cheers! |
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Does anything think we will see BNB on other exchanges?
Good question. I actually did read somewhere that it will be listed on another exchange. Unfortunately I cant remember on which exchange this was. I dont think that listing it on another exchange is contradicting itself as people are also looking at BNB as an speculative token and not only as a means of paying their trading fees on Binance. So trading on other exchanges might do good for the token overall. I will try to find out which exchange the talk was about. I don't think it is important to see BNB in other exchange better to trade it inside Binance already we passed 5 M users . I agree that its of course not necessary because Binance alone is huge already, but my point was that the more exposure BNB gets, the more its price will go up and therefore benefit us as BNB holders. More exchanges meaning more exposure, just my thoughts. Those are precisely my thoughts as well. |
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Does anything think we will see BNB on other exchanges?
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Anyone else having issues logging into GateHub?
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BNB has a very interesting idea and good marketing. The coin makers very cleverly came up with a way to sell this coin. Each player on the exchange buys this coin in order to reduce the transaction commission. And this brings a great popularity to the coin. It's just a perfect plan!
They acquaired a huge amount of newcomers and they closed the registrar system for the new participants. This is something showing that Binance exchange is very popular, probably the most popular exchange at the moment. It will develop much more. You're correct. Currently #1 on Coin Market Cap by more than $2.1bn USD!: https://coinmarketcap.com/exchanges/volume/24-hour/ |
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It seems to be pretty steady at this higher figure (BNB does). I am hoping for some more positive movement once the burning begins towards the end of the month.
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My buddy would have had about $12,000,000 with Verge had he not sold prior to the recent huge pump. I would have had about $1,500,000 but I, too, sold prior. Definitely money to be had on some of the "shitcoins" out there.
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