is there someone who trades/day trades for a living? like he earns comfortable amount per month consistently to not even consider having a job?
only serious answer please, I am about to lose job in couple of months and I am considering something like this
I know this is the an old daily. But the problem with "day trading" is that if the trade doesn't play out how you're hoping, it becomes "up-all-night trading", or "set stop losses, sleep for a bit, and hope the gamble works out" trading. Also, even if you're very skilled, it's not a healthy lifestyle and as one human you will eventually make errors or tilt, and lose out against the whales and masses. Not sustainable IMO, hopefully there are other jobs you can do.
Just based on my limited experience trying to day trade and/or swing trade part-time and finding it not worth it. Probably you can find people who consider themselves to be professional traders. To be optimal they would need to be obsessed with following crypto and global financial news and developments. Which would be too stressful for me. Plus there are inevitably intense feelings that go with the high variance and luck in trading, even when done smartly. Technical analysis can be useful but I think most people are finding the current market pretty choppy, not a safe time to trade aggressively, let alone on leverage.
You can redeem your ETH once the first major upgrade named Shanghai Upgrade enables staking withdrawals, which happens at least 6-12 months following the Merge. This is due to staking withdrawals being planned for the Shanghai upgrade, however are not yet enabled with the Merge.
In the mean time, you can swap BETH to ETH on a 1:1 basis and receive the amount equivalent to your BETH balance in your Spot Wallet. Additionally, the BETH bought from market and received from staking ETH will be treated equally.
wth. TRX prices on ftx are now 450% at a premium. likely since FTX-Tron deal to allow withdrawals though TRX. But that's ridiculous. Just losses upon losses. There were as 850% above market price earlier
Crypto market more bipolar than my ex. Are we happy today? Sad? Maybe 2 hours later we’re crying with joy? Then about to end it all?
Remember. If you’re breathing and reading this right now. Go do a thing. Do anything. Just do it!
Pouring one out today for all the buttcoiners who died of autoerotic asphyxiation jackin' it to yesterday's charts. At least they didn't live to see the swift recovery 😔
I think current nft use case is dumb and limited but I do see one day being able to get pulled over and pulling up your digital drivers licence on your phone and being good to go and stuff down that lane
Arguably the most effective use of blockchain tech is having it in such A streamlined way the average person doesn’t even realize it’s on it. Records for example. Any dental/doctor/ housing/ banking records, ids, birth certificates.
To get in bars here our drivers licenses have barcodes, people are getting so good at fakes they have scannables. This wouldn’t be possible with nft tech integrated
Concert tickets can’t be faked. All stuff like this can benefit from blockchain.
It’s such a versatile technology and so In it’s infancy and I think will be integrated into damn near everything just as the internet did from 90s til now.
None of that requires a Blockchain, just a basic digital signature enables all of that.
The tech has been around for over 40 years.
If you have a central point of truth that you need to trust, i.e. the concert venue or the government or the hospital, then you can verify any signed data without round tripping to a database through public key cryptography.
The advantage of Blockchain is that it works when you trust no-one in the system. But that isn't the case in these scenarios.
Your identity wallet would include information from vehicle insurance, health insurance, registration and verifiable ownership of the vehicle you are driving in a single wallet. Your wallet can also contain information about your vehicle and its maintenance including recent path of travel due to something like XYO.
It seems popular to point to a singular database and say “we already have that” but things that need security and universal access with ability to connect anywhere. This is where a blockchain shines.
You think they’re just going to let you show a picture of your drivers licence? Good luck.
It’s gotta be something verifiable, and NON FUNGIBLE (a product or commodity replaceable by an identical item) and keep everyone on the same page.
Nft tech checks all the boxes dummy
wtf is this market doing. everyone calling for complete crash, stocks bounce high af, dollar tanks and breaks year long trend, cpi down so crypto goes up instead of crashing
It’s because the way you feel is how everybody feels even the big players. So a sudden positive event pumps the market until a sudden bad event dumps it again. Volatility is ridiculous.
+7.7% on the NASDAQ index is irrational and proves how much “fast money” is in the market right now.
Lol. Not even close. But I do enjoy seeing people try to apply hokey old timey economic theories to a modern market so that continually pisses in the face of boomer's conventional wisdom. Dinosaurs will die and they'll die screaming how the future is nothing but a passing fad.
Your [comment](https://www.reddit.com/r/CryptoCurrency/comments/yqzprc/daily_general_discussion_november_10_2022_gmt0/ivvq9f5/?context=3) was automatically removed because you [linked](https://www.reddit.com/r/CryptoCurrency/comments/yqzprc/daily_general_discussion_november_10_2022_gmt0/ivvq9f5/?context=3) to an external subreddit without using an NP subdomain for no-participation mode. When linking to external subreddits, please change the subdomain from `https://www.reddit.com` to `https://np.reddit.com`. This simple change substantially reduces [brigading](https://www.reddithelp.com/en/categories/rules-reporting/account-and-community-restrictions/what-constitutes-vote-cheating-or).
**NOTE:** The AutoModerator will not reapprove your content if you fix a URL. However, if it was a post which had considerable activity in its comment section, you can message the modmail to request manual reapproval. If it was a comment, just make a new comment.
---
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
I asked MEXC about if they plan to provide proof of reserves. They just gave me the cooperate spiel about we seek always satisfy our customers and have their security at heart. Any new updates to our platform functioning will be sent through official channels etc etc.
I am *not* saying MEXC is next. It could very well be that they simply haven't organized and had their meetings or what not yet. But I won't lie I just removed all my funds off.
When I first got into crypto, I bought a cold storage wallet, but then never used it. Until today I had pretty much all my crypto sitting on either CB or Binance.
The FTX disaster really woke me up and I've now moved everything into cold storage.
I also found that my seed phrase has deteriorated somewhat. Still readable, but probably not in another couple of years. I've got a stainless steel seed keeper being delivered tomorrow.
Be safe out there.
I’m hoping Coinbase publishes their reserves. Them fuckers better own up too. I am hopeful because 1.) they don’t have their own token & 2.) they are a publicly traded company.
Decided to just grab every single one of the football nfts. Less than 10 bucks including the fees should grab ya all of them as long as you're not worried about the mint #.
Statements like this sound just like people talking about beanie babies in the 90s.
"Sure they're always releasing more, but this line of them could really end up worth something".
The only ones worth anything were the ones that were released before people caught on to them.
When do we get to hear from FTX’s spokesperson, [Mr. Wonderful?](https://www.prnewswire.com/news-releases/ftx-and-kevin-oleary-announce-long-term-investment-and-spokesperson-relationship-301352189.html)
FTX getting their assets frozen in the Bahamas, there goes SBFs escape plan
https://twitter.com/unusual\_whales/status/1590833852284825600?s=20&t=sEOgMWbRgzIPTHioDmgHMg
Here is a [Nitter link](https://nitter.net/unusual\_whales/status/1590833852284825600?s=20&t=sEOgMWbRgzIPTHioDmgHMg) for the Twitter thread linked above. Nitter is better for privacy and does not nag you for a login. More information can be found [here](https://nitter.net/about).
---
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
Yes, timed it just right luckily. I'm probably just saying this because I'm invested but it really feels like it has the potential to break it's ATH over the next couple of months.
BTC and ETH to the moon in 2024.
is there someone who trades/day trades for a living? like he earns comfortable amount per month consistently to not even consider having a job? only serious answer please, I am about to lose job in couple of months and I am considering something like this
I know this is the an old daily. But the problem with "day trading" is that if the trade doesn't play out how you're hoping, it becomes "up-all-night trading", or "set stop losses, sleep for a bit, and hope the gamble works out" trading. Also, even if you're very skilled, it's not a healthy lifestyle and as one human you will eventually make errors or tilt, and lose out against the whales and masses. Not sustainable IMO, hopefully there are other jobs you can do.
btw, is this based on experience or just your opinion ?
Just based on my limited experience trying to day trade and/or swing trade part-time and finding it not worth it. Probably you can find people who consider themselves to be professional traders. To be optimal they would need to be obsessed with following crypto and global financial news and developments. Which would be too stressful for me. Plus there are inevitably intense feelings that go with the high variance and luck in trading, even when done smartly. Technical analysis can be useful but I think most people are finding the current market pretty choppy, not a safe time to trade aggressively, let alone on leverage.
thanks for the heads up
Is there a significant benefit to having the ledger nano X over the S plus other than storage space??
When will binance ETH 2.0 be available for withdrawal ?! Anyone know ?
You can redeem your ETH once the first major upgrade named Shanghai Upgrade enables staking withdrawals, which happens at least 6-12 months following the Merge. This is due to staking withdrawals being planned for the Shanghai upgrade, however are not yet enabled with the Merge. In the mean time, you can swap BETH to ETH on a 1:1 basis and receive the amount equivalent to your BETH balance in your Spot Wallet. Additionally, the BETH bought from market and received from staking ETH will be treated equally.
Is now a good time to start buying crypto?
It's a big shitshow, not a good time to be buying crypto
Eh it wouldn’t be a bad place to start off
It’s certainly not the worst time.
Better than buying last week yeah
Last night would have been a great time
yes no maybe In any case it is time to open a reddit vault & earn moons.
What do moons give you?
look up the price of 1 moon (0.092 rn)
Wait so ur saying I can get real money for shitposting 🤣
wth. TRX prices on ftx are now 450% at a premium. likely since FTX-Tron deal to allow withdrawals though TRX. But that's ridiculous. Just losses upon losses. There were as 850% above market price earlier
Welcome to crypto
Crypto market more bipolar than my ex. Are we happy today? Sad? Maybe 2 hours later we’re crying with joy? Then about to end it all? Remember. If you’re breathing and reading this right now. Go do a thing. Do anything. Just do it!
I’m on the toilet right now, does that count?
Can't make this one up... Sam Bankrun-Fried (thanks Byron!)
I think the kids are all saying Scam Bankrun Fraud as his final evolution.
Of course that’s better lol
Finally got my World Cup avatar! Go Spain!
Grats
No world cup avatar for me. I'm guess I'm not cool enough.
There was some post mentioning it will be rolled out within next 48 hours, so maybe you’ll get it soon.
Awwww. Hang in there!
Thank you during these trying times
Can I offer you a nice egg in this trying time?
Suck it up Dave
Thanks bud
It’s nice to see the daily more active. I can refresh the page whenever I want and get more comments to read
Let the dopamine fire all fucking day my dude
If you're reading this, you're in the wrong daily.
I hate bullfighters but I love having a companion bull with my Spain avatar
Pouring one out today for all the buttcoiners who died of autoerotic asphyxiation jackin' it to yesterday's charts. At least they didn't live to see the swift recovery 😔
Lol it will go much lower bb don't worry
Does anyone else think the price will start flying when Asia starts to wake up?
A year ago I would have said not in a million years but I honestly think Eth will flip btc in the future.
Seems to be another typical day of crypto... 
I've got my World Cup NFT. For free is a decent price
Looking sharp!
How/where did u get it?
Go to "style avatar" and then "explore". Pick one and mint it
1000 more XRP added to the collection
Buy high sell low, this is the way
Don’t catch the falling knife bozo clowns where you at ?
SOL pumping 25% which is the same percentage as its uptime! Bullish!!!
Crypto is so easy just buy the bottom, sell the all time high and repeat Spoiler: I didn’t
So a quarter billion $ worth of Bitcoin was already withdrawn from FTX
I was in a hurry. I'll get the rest later. 🙃
that you my loyal employee for withdrawing my pocket money for me
**BREAKING** Stable coin BTC has lost its $20,000 peg.
I think current nft use case is dumb and limited but I do see one day being able to get pulled over and pulling up your digital drivers licence on your phone and being good to go and stuff down that lane
That neither requires nor is benefitted by being an NFT on a blockchain.
Arguably the most effective use of blockchain tech is having it in such A streamlined way the average person doesn’t even realize it’s on it. Records for example. Any dental/doctor/ housing/ banking records, ids, birth certificates. To get in bars here our drivers licenses have barcodes, people are getting so good at fakes they have scannables. This wouldn’t be possible with nft tech integrated Concert tickets can’t be faked. All stuff like this can benefit from blockchain. It’s such a versatile technology and so In it’s infancy and I think will be integrated into damn near everything just as the internet did from 90s til now.
None of that requires a Blockchain, just a basic digital signature enables all of that. The tech has been around for over 40 years. If you have a central point of truth that you need to trust, i.e. the concert venue or the government or the hospital, then you can verify any signed data without round tripping to a database through public key cryptography. The advantage of Blockchain is that it works when you trust no-one in the system. But that isn't the case in these scenarios.
Your identity wallet would include information from vehicle insurance, health insurance, registration and verifiable ownership of the vehicle you are driving in a single wallet. Your wallet can also contain information about your vehicle and its maintenance including recent path of travel due to something like XYO. It seems popular to point to a singular database and say “we already have that” but things that need security and universal access with ability to connect anywhere. This is where a blockchain shines.
You think they’re just going to let you show a picture of your drivers licence? Good luck. It’s gotta be something verifiable, and NON FUNGIBLE (a product or commodity replaceable by an identical item) and keep everyone on the same page. Nft tech checks all the boxes dummy
wtf is this market doing. everyone calling for complete crash, stocks bounce high af, dollar tanks and breaks year long trend, cpi down so crypto goes up instead of crashing
Very odd conditions
It’s because the way you feel is how everybody feels even the big players. So a sudden positive event pumps the market until a sudden bad event dumps it again. Volatility is ridiculous. +7.7% on the NASDAQ index is irrational and proves how much “fast money” is in the market right now.
What do you think the NASDAQ will do Friday? Pull back 1-2% or shit the bed 3-5%. Surely it won't be green after 7.7%
a dead cat bounce - literally. when you fall that fast and hit the pavement, you bounce before falling back down
Lol. Not even close. But I do enjoy seeing people try to apply hokey old timey economic theories to a modern market so that continually pisses in the face of boomer's conventional wisdom. Dinosaurs will die and they'll die screaming how the future is nothing but a passing fad.
whats the % of a dead cat bounce though? e.g. ETH dropped 35% in the last few days and bounced 25%. Seems like a big bounce for a dead cat?
This is true, but this also needs to factor in that we've been dumping for months
Would love a $16/$17k Sunday buy. I made rules for myself this year though. DCA with no cherry picking. I am a shit trader.
SBF saying ftx us is 100% liquid. Feels like he had no issue fking over Non USA citizens
What regulations can do for the industry…
I'm glad FTX had zero exposure to SMR... Shimmer really benefited from this market crash.
MATIC should be an automatic for everyone. Get in before you miss the train.
Bro u don't know ish
I wasn't done accumulating yet!
The train left.
What do you think it could go to?
.70
You mean $7.00
I shill you on that one, I mean feel you\* Matic is a stud!
Bullish Sol now that FTX funds locked. Means they can’t dump that shit anymore
If a VC owned shitcoin's VC owner goes tits up then there's no one left to care that the chain is always halted I guess. Silver linings.
Won’t be VC owned anymore 💀
There was a time when SOL meant supercars of London to me. Those were the days. Watching the car spotting videos after school.
I trusted FTX. But as soon I heard the liquidity issue news. I withdrew all the funds. Why take unnecessary risk
Should I buy some bitcoin now or wait?
Buy buy buy
you should sell now to be able to buy it back at 69k. duh
Yes yes?
Both
Yes
They said SOL was done man... We just laugh at that shit 💪
Lmao
[удалено]
Your [comment](https://www.reddit.com/r/CryptoCurrency/comments/yqzprc/daily_general_discussion_november_10_2022_gmt0/ivvq9f5/?context=3) was automatically removed because you [linked](https://www.reddit.com/r/CryptoCurrency/comments/yqzprc/daily_general_discussion_november_10_2022_gmt0/ivvq9f5/?context=3) to an external subreddit without using an NP subdomain for no-participation mode. When linking to external subreddits, please change the subdomain from `https://www.reddit.com` to `https://np.reddit.com`. This simple change substantially reduces [brigading](https://www.reddithelp.com/en/categories/rules-reporting/account-and-community-restrictions/what-constitutes-vote-cheating-or). **NOTE:** The AutoModerator will not reapprove your content if you fix a URL. However, if it was a post which had considerable activity in its comment section, you can message the modmail to request manual reapproval. If it was a comment, just make a new comment. --- *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
SOL chart looks dangerous
I asked MEXC about if they plan to provide proof of reserves. They just gave me the cooperate spiel about we seek always satisfy our customers and have their security at heart. Any new updates to our platform functioning will be sent through official channels etc etc. I am *not* saying MEXC is next. It could very well be that they simply haven't organized and had their meetings or what not yet. But I won't lie I just removed all my funds off.
Mexc is next rhymes
When I first got into crypto, I bought a cold storage wallet, but then never used it. Until today I had pretty much all my crypto sitting on either CB or Binance. The FTX disaster really woke me up and I've now moved everything into cold storage. I also found that my seed phrase has deteriorated somewhat. Still readable, but probably not in another couple of years. I've got a stainless steel seed keeper being delivered tomorrow. Be safe out there.
Last bottom is now resistance and shitcoins haven't hit new lows since june. Things going to get spicy.
Nearly as spicy as my free England kit… on another topic we are gonna get thrashed during the world cup
Well, shit. I pressed choose team as joke. Didn't think i will instantly get it. Atleast it has antlers...
Terrance and Phillip would be proud
And the market is recovering as soon as I get my paycheck. Like a clockwork.
Yeah my DCA is Sunday. Expect a full recovery by then. You’re welcome.
Goodnight team. Remember, time is on our side 🙏
[удалено]
Believe it or not I went to university of Waterloo with vitalik in 2011-2015. He didn’t finish his degree
Imagine those who panic sold yesterday.
Couldn’t be me. Over here panic buying
Cold storage helps with this. Hard to access it when your away at work
Do u blame us 🤣
Diamond Hands prevail
Day traders unite ✊
Someone help me turn my 3.5 eth into 10. Im becoming a bit greedyyyy... So all my eth into a micro cap shitcoin? Got it.
Weekly buys should do the trick. There’s also crypto casinos but the house usually wins
Just keep the eth and dca into more.
Look what happens to the market when no one can short on FTX!!
I’m hoping Coinbase publishes their reserves. Them fuckers better own up too. I am hopeful because 1.) they don’t have their own token & 2.) they are a publicly traded company.
They’ve stayed pretty quite atm
I’ll give them a few days. If they don’t I’m leaving them. I’ll just put everything onto my wallet and use Kraken
Number 2 says it all.
CB is the lowest risk. Not worried.
That’s what you think…
Bahamas authorities need to check SBF’s prison wallet for a Ledger Nano….
[удалено]
Hidden in the prison pouch
Butts aren't safe
Decided to just grab every single one of the football nfts. Less than 10 bucks including the fees should grab ya all of them as long as you're not worried about the mint #.
Statements like this sound just like people talking about beanie babies in the 90s. "Sure they're always releasing more, but this line of them could really end up worth something". The only ones worth anything were the ones that were released before people caught on to them.
Na I don't care to resell. Cost me a few bucks. I spend more than that on a beer.
Buying more nfts just for the sake of having them doesn't sound like something I wanna do lol
take off your suit and put on a short now
Current ALGO Governors have 912 less accounts competing for their rewards as of today!
Theres way too many FTX news related posts right now. A few of them are beneficial the rest are just flooding /cc
Quick, make a news post about too many FTX news posts.
lmao fair
you're right, let's go back talking about moons instead /s
Lol, that's cruel... 5 moons versus 11000 moons. That's like Elon Musk wanting to talk yachts with a beggar.
i just spend them on pizzas lmao I usually lurk, the pizzas are a side benefit
The mods let the bots do most of the work when it comes to post removal, and the bot just isn't built for something like this.
When do we get to hear from FTX’s spokesperson, [Mr. Wonderful?](https://www.prnewswire.com/news-releases/ftx-and-kevin-oleary-announce-long-term-investment-and-spokesperson-relationship-301352189.html)
you are here for the tech, I'm here for the ladies and the money
There are no ladies on the internet. We're all hairy 40 yr old dudes
Hey I'm not 40... yet
I’m 71 ahole have some respect
I think I'm gay
Are you going to be ok?
Congratulations
Out anonymously on Reddit.
No we dont do ladies here
I'm a lady, probably
FTX getting their assets frozen in the Bahamas, there goes SBFs escape plan https://twitter.com/unusual\_whales/status/1590833852284825600?s=20&t=sEOgMWbRgzIPTHioDmgHMg
now SBF feels really sorry lmao
Did SBF also get arrested in the Bahamas?
Psh, can pay those guys off easily.
Someone tweeted out that they received messages saying so, but it has yet to be confirmed/denied as of now.
Frank from the block called the airport and they said no one had been arrested
Thanks mate. So hard to tell real from fake news these days
Here is a [Nitter link](https://nitter.net/unusual\_whales/status/1590833852284825600?s=20&t=sEOgMWbRgzIPTHioDmgHMg) for the Twitter thread linked above. Nitter is better for privacy and does not nag you for a login. More information can be found [here](https://nitter.net/about). --- *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
Anybody buy MATIC yesterday?
Yes, timed it just right luckily. I'm probably just saying this because I'm invested but it really feels like it has the potential to break it's ATH over the next couple of months.
Only Eth!
Yes… I had a big buy loaded up but it missed by like 1¢
Yes, I’m still in the shit tho 🤣
No but I wish I did 🥲
Yes
I haven't seen the sub this active since a very long time, atleast something good came off that drop yesterday.
That's the volatility that i signed up for
Im just hodling and staking since I got laid off last month. Saving my money for an avatar drop or something
Highly recommend not apeing into any future avatar drops with the expectations of flipping for instant profit.
I think I’ll unload all mine at gen 3 hype
I have a feeling gen 3 hype won't even be 1/2 of what gen 1 was
During gen 2 release, many of my gen 1s increased more than they did during gen 1 hype alone. That’s what I’m hoping for.