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I bought in 2017 & sold the peak. My strategy was that in 2017 I back of the enveloped a fair price of 30k CAD, so when I checked in awhile later it was 69k CAD
by __s 4y ago
I bought in 2017 & sold the peak. My strategy was that in 2017 I back of the enveloped a fair price of 30k CAD, so when I checked in awhile later it was 69k CAD I knew things were getting stupid & had to sell for the memes
I also sold most my investments in January because I wanted to buy a house. Moral of the story: be a lucky bastard like me
I believe crypto doesn't need to "go to the moon" to succeed. If bitcoin hit a stable price of 1k it still works. If I were to make another play in the crypto space I'd probably do something stupid like buy 32 eth & stake it in eth 2.0
- cableshaft 4y agoCoinbase supports staking ETH into ETH 2.0 without needing 32 ETH to do so. You can put pretty much as little as you want in. Yield is 3.68% right now. You can see what you're earning but you won't be able to move it until the ETH merge.
- __s 4y agohttps://www.stakingrewards.com/earn/ethereum-2-0 https://www.stakingrewards.com/earn/ethereum-2-0 Or 4.75% running it yourself, & figuring out how to run a validator seems more fun than handing coinbase your funds. I strongly disagree with people having their crypto held by third parties
- cableshaft 4y agoIf you feel like purchasing the 32 ETH to run a validator and/or set things up with a staking pool, that's great, have fun. I personally don't have that much, and I was also hesitant to put it into a staking pool since I couldn't just unstake it whenever, and I trust Coinbase a bit more than a staking pool. I have most of my crypto in non-custodial wallets myself. Was just mentioning it in case you (or someone else on HN) weren't aware it was an option, but clearly you are.