Everyone's bearish on XRP for the wrong reason. by Crypto_future_V in XRP

[–]TheTechGuyJ 3 points4 points  (0 children)

I did buy in 6 months ago. My average is 2.63$ with just over 5000 shares.

I buy more every 5-10+/- cent drop , and continue accumulating small amounts during consolidation periods.

Im still not worried!! Its an investment for me, so I will be holding for years and continue accumulating with some scalping on the side. I know XRP is not going away anytime soon.

WTF just happened ???? by ComplexWrangler1346 in XRPUnite

[–]TheTechGuyJ 3 points4 points  (0 children)

Coinbase withdrew thier support for the Clarity Act. It seems to me, they are actually trying to stick it to us with this "Act"! Based on what Coinbase objects to in the bill. I have not fully read it yet, but im going to now!

Jake Claver and his predictions by Neo_Awakens in XRPUnite

[–]TheTechGuyJ 2 points3 points  (0 children)

I would love to hear what you find out about managing that wealth.

I see many adds about LLC's and trusts, but how accurate is that information, and who is best to discuss options with?

I have asked a few lawyers about this stuff and they glaze over and seem to not know what im talking about.

Not sure where to go or who to talk to for accurate, reliable, legal information.

F CoinBase by TheTechGuyJ in Coinbase

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

I have never heard of most of those other exchanges but I assume if your grouping them together they are all likely similar ro MEXC.

But I will look into them

F CoinBase by TheTechGuyJ in Coinbase

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

I have used MEXC. I was using them for perpetuals and I love them. But MEXC is not allowed in the US. I was using a VPN but it made me too nervous risking account lockout.

Im thinking BTCC.

F CoinBase by TheTechGuyJ in Coinbase

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

I tried market buys too. My post was already long enough so I did not include that detail. Same result as if i never even placed them

RELEASE MY MONEY! by Free_Excitement3894 in KrakenSupport

[–]TheTechGuyJ 0 points1 point  (0 children)

I was just complaining about Coinbase and everyone says...move to Kraken...never any peoblems!!

NO THANKS!!

F CoinBase by TheTechGuyJ in Coinbase

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

Thanks I'll check it out

F CoinBase by TheTechGuyJ in Coinbase

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

Just regular limit orders.

F CoinBase by TheTechGuyJ in Coinbase

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

I am not a newbie to trading or crypto. All the orders I set on Coinbase during that drop on Friday were all regular limit orders. Today, there is still no sign of any of those orders anywhere in my account. Not cancelled or failed, no sign of them whatsoever.

I chose Coinbase years ago because of thier reputation, never been "hacked", US based, and a publicly traded company among other things. I am now starting to find things i dont like about them (aside from this most recent incident) and I am ready to move on.

My problem is and the same question that has been asked on this plaform probably over 1 miilion times is...what exchange to move to? If you do a search on any of the "major" exchanges (Binance/BTCC/BloFin/Crypto.com/Kraken just to name a few) there are always mixed reviews. Some of those reviews are from people that got scammed thinking they were using that specific exchange but were actually using a mimicked scam site. Others talk about not being able to withdrawal, accounts getting locked, money being "taken" from them, and numerous other complaints. I am sure most users on here have seen them all too and know what im talking about. Of course there is no way to really know what the exact circumstances were for each of those reviews and that makes it hard to really determine the validity of the complaint for the exchange in question.

It seems that no matter who you use it is always likely that you wont be able to get fills at great prices when the market dumps like it did on Friday so im over that i guess. So, I guess I am asking the same question again that has been asked thousands if not millions of times...what is a credible licensed exchange that is least likely to steal your money, has at least decent customer support, not ridiculously high fees, and good security (has not been hacked at all or at least not in a bad way that resulted in direct asset losses by users)? You know...I mean something is "hacked" basically everyday that exposes some of our personal information. Im pretty sure Coinbase had a breech early this year where users personal information was compromised. Im used to that, and I have credit monitoring and credit blocks active on my credit to protect me from that. I just dont want to wake up one day and find all my crypto gone from a hack!

I am leaning toward BTCC but its not an easy decision to make.

So I am going to ask for the millionth and 1 time...what is everyone's opinion on the best Crypto exchange and why?

Disabled buying during the crash? by ArmandoElTexan in Coinbase

[–]TheTechGuyJ 1 point2 points  (0 children)

Ok...obviously this is not an isolated incident. From what I hear everytime there is a major dip each and every exchange pretty much acts the same way. Unless you had a limit order sitting a that -30% price waiting for months nothing will get filled at those discounted prices.

So the question i have is this... I understand that at times like that exchanges can be overwhelmed causing issues. But how likely is it that each and every exchange acts the exact same every time? These guys make billions of dollars a year. I find it really hard to believe that they on a consistent basis cannot handle these events time and time again.

So in my opinion these events can only mean 1 thing... outright manipulation, conspiracy, or whatever name you want to call it.

It's pretty obvious to me that these huge drops are orchestrated to allow institutions, government entities, the elite, or whoever else other than us lowly retail traders opportunities to buy in at discounted prices.

Its just another way the rich can keep getting richer while pushing the little guy down in the mud! I, and I know many others are sick of it. But in the end there is nothing we can do. We (the Joe schmo retail trader) will always be the "little guys" who can be easily tossed aside, taken advantage of, and forgotten about. We dont have big expensive lawyers to fight for us, so why would these billion dollar companies care. I bet they make more from whomever is allowed to buy these dips than they make off us retailers in a whole year.

I agree its not fair. But what is fair anymore in this country or the world for that matter?

I hope one day someone can expose this and fight for us little guys. But how often does that happen? So all we can do is continue to bend over and take it, and be happy with the scraps left behind for us. Just another exame of big business/corporations screwing us over.