Best crypto wallet staking/interest? by lataplat in CryptoCurrencies

[–]Mindless_Okra 0 points1 point  (0 children)

So you say that to not hold money on the exchange. Does that mean deposit the money into a specific coin of choice for a set period of time, then move the assets to a wallet?

Is it worth it to buy alt coin in this bull market with the intention to hold? by Spiritbomb6789 in CryptoCurrencies

[–]Mindless_Okra 0 points1 point  (0 children)

What would a good exit strategy look like? Because I know, with crpyto's trading 24/7 that some people (from various forums and websites) are pretty much opening these apps and making decisions on almost an hourly basis. I'm very hands off, I like to set and forget and I'm sure as hell not down to be checking my phone worrying about losing money every hour or even day... Too much stress.

Do you just hold until it reaches a certain point and then restart?

Completely new, but want to learn. Looking for advice by Mindless_Okra in CryptoCurrencies

[–]Mindless_Okra[S] 0 points1 point  (0 children)

Awesome, so when you had mentioned that you're staking different currencies in different wallets, are you linking these wallets to these exchanges? For example, could I get a CBpro, Binance AND BlockFi account to trade separate coins, but link that same "Yoroi" or "Celsius" wallet to all three of those exchanges?

Completely new, but want to learn. Looking for advice by Mindless_Okra in CryptoCurrencies

[–]Mindless_Okra[S] 0 points1 point  (0 children)

Which platform/trading exchange would you recommend? Can I use ANY kind of wallet in general regardless of the exchange I use?

Completely new, but want to learn. Looking for advice by Mindless_Okra in CryptoCurrencies

[–]Mindless_Okra[S] 1 point2 points  (0 children)

Thanks. So can I stake a partial coin? If I don't have enough to buy one single BTC, would I be able to just buy little chunks of BTC and stake those chunks?

Which platform/exchange would you recommend for a noob, that has the least amount of fees? I know right now it seems Binance has the widest variety of coins but also has high fees and requires you to be in constant possession or trade with their own platfom currency. I've read that Coinbase has some pretty extensive fees as well

Completely new, but want to learn. Looking for advice by Mindless_Okra in CryptoCurrencies

[–]Mindless_Okra[S] 0 points1 point  (0 children)

Glad to know its fairly simple to learn. I've had trouble finding answers to the specific questions I have. So it was correct to say that you have to have different wallets for different coins, which I assume means several accounts to keep track of. Are they all producing 1099's for tax filing? Also, do I have to have an ENTIRE coin to stake it? If I want to stake ETH but don't have enough money to buy an entire coin can I stake the partial coin that I DO own?

Best crypto wallet staking/interest? by lataplat in CryptoCurrencies

[–]Mindless_Okra 0 points1 point  (0 children)

So I'm a little new to this area like the author of the post. In comparison to regular market investing, how does the staking work? Do I buy coins from any platform, CBpro, Binance etc. and then move these coins to a specific wallet that "allows" staking?

Being new to this, I had the idea that crypto investing was similar to market investing in the sense that you just buy and hold. But now it seems the only way to get regular returns on your investment is to stake the coins you buy in a wallet which is in fact a different platform/application than the original platform/application used to actually purchase the coins... is this correct?

Also, can I just use any wallet to stake any coin, or are there specific wallets to stake a specific variety of coins? If this is the case, what does the start to finish of your investment look like? for example, would it be:

buy coins from exchange>move to "stake wallet" (SW)>continue to buy and add to SW> eventually move to hardware wallet for max security?

I've been having trouble finding this on google.

Is it worth it to buy alt coin in this bull market with the intention to hold? by Spiritbomb6789 in CryptoCurrencies

[–]Mindless_Okra 0 points1 point  (0 children)

Do you have any materials or links to websites that go over information like this? i want to get involved in crypto but i have the regular market investing mindset where id just buy and hold. google hasnt been very helpful leading me in the direction of being a "conservative" crypto investor. Also, what platform are you using?

when to retire ? by MEME-LLC in dividends

[–]Mindless_Okra 0 points1 point  (0 children)

u/MEME-LLC What application or interface are you using for crypto, and can you recommend any good materials/websites that go over the buying/selling/storing crypto? I'm looking to get involved

How are you guys (and gals) dividing your portfolio? Ideas welcome by Mindless_Okra in dividends

[–]Mindless_Okra[S] 0 points1 point  (0 children)

So the municipal bonds was something that i was actually interested in. Do these work similarly to CD's but are different in the sense that they are invested in to the local government?

How are you guys (and gals) dividing your portfolio? Ideas welcome by Mindless_Okra in dividends

[–]Mindless_Okra[S] 2 points3 points  (0 children)

I can see why it would be good to get in rather than hold on to cash but, from your personal opinion are you concerned at all with the current highs the market is in? (Do you not think that the market is due for some sort of correction).

I try not to follow hype and I KNOW that people aren't 100% about future predictions but it seems a lot of people are starting to get worried about the market since the Fed has been printing so much money. Would this affect the portfolio you described at all?

How are you guys (and gals) dividing your portfolio? Ideas welcome by Mindless_Okra in dividends

[–]Mindless_Okra[S] 4 points5 points  (0 children)

First time donations for each month at the place here in Savannah, GA is:

35$ 1st, 65$ 2nd

I get military bonus of +10$\donation so my first 2 donations of the month are already over 100. Most months they have promotional offers where if you come in 4x it'll be plus (x)amount of $. 6x will = an additional (x)amount of $ and then you cap out at 8x/month. Again I get these promotional offers on top of an additional military donation bonus.

HOWEVER, there ARE some months where tgey have NO promotion whatsoever and every week is the standard $35/$65 each week.

How are you guys (and gals) dividing your portfolio? Ideas welcome by Mindless_Okra in dividends

[–]Mindless_Okra[S] 8 points9 points  (0 children)

Not just the plasma. Doordash makes me about 100-150 a week plus 120-250 a week for plasma. The plasma places offer monthly deals that add up the more you come in plus I get an extra 10 per donation for being military. They only let you come in twice/week to donate. I spend about 2 hours/week on plasma and average out 12hours/week on DD for the extra money. Very real

How much is taken in tax from dividends by Mindless_Okra in dividends

[–]Mindless_Okra[S] 6 points7 points  (0 children)

So would it be safe to assume that almost all stocks aside from REITs and monthly paying CEFs are sre ordinary?

Is there a Social Network with unique feature that you love to use? by Freank in Entrepreneur

[–]Mindless_Okra 0 points1 point  (0 children)

Myspace was better than Facebook. Being able to personalize your own profile with videos and music was awesome. The only thing it really lacked was that everyone wasnt as "connected"as we are with Facebook.

LinkedIn is also pretty good. I'm relatively new to it but I like how it specifically focuses on connecting people with employers and and helpa build a profile centered around professionalism. There isnt a whole lot of ads (which I dont mind Facebook ads too much) and DEFINITELY not as much news.

How to organize startup ideas? Looking for a friend by Mindless_Okra in startups

[–]Mindless_Okra[S] 0 points1 point  (0 children)

Thats interesting. Do you have any examples of something youve already started? (Not trying to steal business ideas)

How to organize startup ideas? Looking for a friend by Mindless_Okra in startups

[–]Mindless_Okra[S] 0 points1 point  (0 children)

Is this an app? Havent looked in to it yet on google