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Toots_732's rumours posts with other poster's replies to Toots_732's rumours posts

19 Jun 2022 22:09:09
Thank you both Ed and Supasub. Really appreciate the guidance. Will do my research and figure things out. What is the best platform to buy? Will I need multiple apps? Or can I get one app that say will allow me to buy four or five of the recommendations? Also as I'm new here I'm not sure how to reply to my original post, so hopefully Ed and Supasub receive my thanks for their input. Really appreciate it.

{Ed033's Note - Isn't there a 'Reply to above posts' button below each thread?

1.) 19 Jun 2022 23:19:43
I'm buying on binance at the moment. Transfer from my starling or barclays in GBP/Sterling using faster payments. Costs £1. Money is in within around 2 hours.
I prefer to buy on kucoin or binance just because you can swap your GBP straight to say USDT and buy on the moving price/spot in Tether/Dollars 0.1%-0.5% fee. If you buy in on crypto.com or coinbase your held captive more by their current exchange price.
Ideally if your not keeping your crypto on a "cold wallet" like a USB stick then you should keep them on a wallet or exchange which needs seed phrases/keys. Never give them to anyone who asks (exactly the same as being asked for your pin no. for your card) and keep a copy safe maybe with a loved one/partner you trust should anything happen to you or the device you use. "No keys/no crypto".
Print them off or write them down, keep safe.

{Ed033's Note - thanks Supasub

2.) 20 Jun 2022 01:41:03
What's the best ledger for crypto?

3.) 20 Jun 2022 08:50:05
I'm honestly not sure Marco which is the best. Probably the latest Nano or Trezor. Klever have supposedly a very good one coming but it's 1st supply is sold out and was meant to be out early this year, I presume it's now held back for the migration to KLV blockchain.
I'm waiting for it to become available again.
The "nano back up pack" looks good though.

{Ed033's Note - Thanks Supasub.

4.) 20 Jun 2022 21:35:37
Thanks mate I will get the nano I think thanks for your help

5.) 21 Jun 2022 08:35:44
Just bought some lcx today for 0.05 lol I will just keep this for the long term same as my xrp long term investment unless something miraculous happens like it hits 35k per coin lol

6.) 21 Jun 2022 08:38:25
I buy on Kraken as it's the easiest to do lol but all my crypto us for the long term unless it hits stupid amounts quickly lol not likely to happen but we can dream lol

18 Jun 2022 15:33:52
Long time reader and now first time poster!

Ed and Supasub, both of you seem well informed in the Crypto arena. I am just getting started and was wondering if you could point me in the right direction on which Cryptos a first time investor should explore? I know Supasub likes XRP, and todays price is 0.31 cents, is that a good price to buy at? Also another one is KLV, that both of you seem encouraged about. Just trying to make a future for my kids and dis not get much financial literacy thru my education.

Any guidance is appreciated.

{Ed033's Note - It would be good to get any crypto you think may make it into the future, like getting into Microsoft or Apple at a low price. Unfortunately we all can only guess. You also have to realise that like any Financial Market, it's a gamble.

0.31 is good, but I think 0.25 or below for XRP would be a very good price to start entering. You don't have to buy all in one go.

Supasub has recently posted what he would purchase when the prices go a bit lower.

1.) 18 Jun 2022 22:09:31
I'm also new to crypto but I know the prices are currently low, do you reckon the likes of BTC and ETH get back to their heights? Or is it something to worry about?

I've followed this site a little and know xrp is one to watch out for. I've also read avax may be good to get into.

For a beginner which apps are best?

{Ed033's Note - Trust wallet, Metamask

If ETH goes under 500, that would be a good buy, i thnk. you'd expect both ETH and BTC to get back to All Time Highs at some point in the future.

2.) 19 Jun 2022 19:44:25
I am guilty of probably influencing Ed on KLV because its one I believe in and I was only lead to it by a friend who introduced me to crypto. Do a little research on anything your interested in.

Now is a good time to get a bit of KLV imo as it will be multifunctional going forward with lots of stuff going on and in the next few years.
Before you buy any XRP I would look at the XRP news once a day at least. Lookout for the judges decision on the SEC handing over the "Hinman" speech documents which should be within the next week or 2.
SEC forced to hand over documents, Buy XRP. Likewise not compelled to hand over then I would wait.

AVAX is like ETH. Really like AVAX and being that it's probably the quickest and most technologically advanced crypto coin at the moment would suggest it'll be around for years to come and grow in value. Given time/ a few years I expect it to reach at least quarter/half of whatever ETH's value is at the time.

Polkadot is prepared for more Web3 whatever that will look like. I like LCX too which I've been recommended. Buy on coinbase currently. It is a token of a European exchange in I think Luxembourg? EU approved. Currently young and about 6cents each. If you look at other main exchange tokens they are generally several $ upwards from Huobi, pancakeswap, Sushi to Kucoin, FTT/FTX, BNB. I'm ignoring CRO as that's in the billions supply but LCX is in the millions.

Some people buy set regular amounts. This would help if the price is volatile. Your buying more if it goes up and your also cutting your 1st buy in price if the price drops. This is what is meant if you see anybody DCA (dollar cost averaging). Buying say once a day/week or month with a set amount to start with.
Stick with anything that's been around for a while and that is already developed/developing.

I would not buy any meme coins/animal tokens or new buy now before launch or just launched tokens. Most to nearly all of then imo are rug pulls sometimes fast sometimes slow.
I am not some sort of software or blockchain expert. I've just learnt quite a lot from other people and from researching.

It is here to stay and good use crypto/blockchain will be here for a long time and will grow. Certainly when we go cashless which will be sooner than you think.
I think of crypto as I would buying a house. Houses go up and down with the market but they always go up. History tells us that. Look to zoom out on crypto like buying a house. You'll suddenly realise after 2,3,4 years how well you've done.

There have only been 3 ways to legally make money individually since the start of the 20th century, they are Property, business and stocks/shares. Cryptocurrency and its technology is now the 4th.
If you have anything your not sure of or need help then just ask. At the end of the day I want to make as much as I can and provide generational wealth to my children and have a solid exit/liquidation strategy in the coming years.

Oh and Ed particularly likes Theta. A great token that is very undervalued at the moment imo.

{Ed033's Note - Thanks Supasub.

3.) 19 Jun 2022 23:03:27
Also in answer to your question Yred, BTC and ETH will come back and higher. As quickly as it comes down, it can go up. We could see ATH this year maybe October/Nov times. Definately by the summer next year imo.

{Ed033's Note - lets hope so - by the summer next year

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