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Crypto Update. How is your bag doing? 3-12-2022

El_K
El_K Member, Swaye's Wigwam Posts: 1,490 Swaye's Wigwam
edited May 2022 in Tug Tavern
I haven't bought anything lately. My bag has taken a beating, so just going to let it ride out and hope it pops it head above water down the road. DOT and SOL and ADA
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  • DerekJohnson
    DerekJohnson Administrator, Swaye's Wigwam Posts: 68,573 Founders Club
    I keep buying small amounts of Bitcoin every few days.
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  • MelloDawg
    MelloDawg Member Posts: 6,853
    El_K said:

    I haven't bought anything lately. My bag has taken a beating, so just going to let it ride out and hope it pops it head above water down the road. DOT and SOL and ADA

    I’m losing patience with ADA but will stomach for a while after their DEXes become a little more mainstream. Big fan of DOT, 3rd most institutionally invested crypto out there
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  • greenblood
    greenblood Member Posts: 14,560
    edited March 2022
    MelloDawg said:

    El_K said:

    I haven't bought anything lately. My bag has taken a beating, so just going to let it ride out and hope it pops it head above water down the road. DOT and SOL and ADA

    I’m losing patience with ADA but will stomach for a while after their DEXes become a little more mainstream. Big fan of DOT, 3rd most institutionally invested crypto out there
    ADA has been a huge disappointment. fortunately MATIC and Solana have been pretty steady plays for me thus far. I bought most of my Solana at the $35 dollar range, so I'm not disappointed, and I bought a bunch of MATIC at sub $1.00 so I'm averaged out about even on that. I'm down about 50% down in ADA however.
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  • MelloDawg
    MelloDawg Member Posts: 6,853
    greenblood said:

    MelloDawg said:

    El_K said:

    I haven't bought anything lately. My bag has taken a beating, so just going to let it ride out and hope it pops it head above water down the road. DOT and SOL and ADA

    I’m losing patience with ADA but will stomach for a while after their DEXes become a little more mainstream. Big fan of DOT, 3rd most institutionally invested crypto out there
    ADA has been a huge disappointment. fortunately MATIC and Solana have been pretty steady plays for me thus far. I bought most of my Solana at the $35 dollar range, so I'm not disappointed, and I bought a bunch of MATIC at sub $1.00 so I'm averaged out about even on that. I'm down about 50% down in ADA however.
    SOL turns some folks off who think it’s not decentralized enough, but I’ve never cared much about that criticism. The exchanges are established and fees are reasonable, same with AVAX. The “ETH killers” (which aren’t really killers) have been where the action is the last several months.

    Big fan of where ATOM is going too. I’ve been playing around with Osmosis and feel like I know what I’m doing enough to profit slightly.

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  • jecornel
    jecornel Member Posts: 9,737
    According to the bankless guys Ada is a scam coin. I sold most awhile back.

    Bag looking much better the last few days.
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  • DerekJohnson
    DerekJohnson Administrator, Swaye's Wigwam Posts: 68,573 Founders Club
    I keep buying small amounts of Bitcoin every few days.
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  • LaZoris
    LaZoris Member Posts: 1,734 Standard Supporter
    I wrote on here a while back how I invested in crypto.com a little before they bought the rights to staples center, had celebrity commercials, etc... have about 10-12 coins invested in their app.

    Funny thing is I upgraded phones to 5G and I cannot for the life of me log into the app to see my coins and my balance. Just will not let me log in. I guess this is a huge problem with Galaxy phone customers who upgraded to a new phone. It will re-route you to the login screen every time. The customer service is some of the worst I've seen and that's saying something. Fuck, I'm not even sure I can transfer my funds out in there without getting into my account. You also cannot find your info on a website. It is all done through the app.

    So for now I dont look at or touch that account. Guess I'll just use my coinbase account if I want to invest a little. At least they have a website to go through.
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  • sonics1993
    sonics1993 Member Posts: 1,460
    edited March 2022
    greenblood said:

    MelloDawg said:

    El_K said:

    I haven't bought anything lately. My bag has taken a beating, so just going to let it ride out and hope it pops it head above water down the road. DOT and SOL and ADA

    I’m losing patience with ADA but will stomach for a while after their DEXes become a little more mainstream. Big fan of DOT, 3rd most institutionally invested crypto out there
    ADA has been a huge disappointment. fortunately MATIC and Solana have been pretty steady plays for me thus far. I bought most of my Solana at the $35 dollar range, so I'm not disappointed, and I bought a bunch of MATIC at sub $1.00 so I'm averaged out about even on that. I'm down about 50% down in ADA however.
    I tried to warn you on ADA
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  • sonics1993
    sonics1993 Member Posts: 1,460
    jecornel said:

    According to the bankless guys Ada is a scam coin. I sold most awhile back.

    Bag looking much better the last few days.

    ADA is worthless. No useable product
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  • DerekJohnson
    DerekJohnson Administrator, Swaye's Wigwam Posts: 68,573 Founders Club
    LaZoris said:

    I wrote on here a while back how I invested in crypto.com a little before they bought the rights to staples center, had celebrity commercials, etc... have about 10-12 coins invested in their app.

    Funny thing is I upgraded phones to 5G and I cannot for the life of me log into the app to see my coins and my balance. Just will not let me log in. I guess this is a huge problem with Galaxy phone customers who upgraded to a new phone. It will re-route you to the login screen every time. The customer service is some of the worst I've seen and that's saying something. Fuck, I'm not even sure I can transfer my funds out in there without getting into my account. You also cannot find your info on a website. It is all done through the app.

    So for now I dont look at or touch that account. Guess I'll just use my coinbase account if I want to invest a little. At least they have a website to go through.

    yikes
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  • MelloDawg
    MelloDawg Member Posts: 6,853
    sonics1993 said:

    jecornel said:

    According to the bankless guys Ada is a scam coin. I sold most awhile back.

    Bag looking much better the last few days.

    ADA is worthless. No useable product
    I’d disagree. Dev action is growing and the Defi space is starting to flourish on the ADA blockchain. It was painstakingly slow for a while but I wouldn’t say it’s worthless at this point.
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  • jecornel
    jecornel Member Posts: 9,737
    Luna is absolutely rockin
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