New Crypto Buyers Overwhelmed by Choices

Yes but idk about coinbase if only due to fees [re: Saved by KYC]

“i trade all assetts from physical to digital tbh. im a high risk trading kind of guy. so i make n lose money in everything cryptos value is in self-auditing transactions processed without a middleman. that value scales infinitely thats why big companies n banks are scrambling to find a way to get their piece of the pie. which they will but they aren't necessary like they are for FIAT transfers globally [re: UPDATE: Binance shuts down my account + seizes $11750. Yes they literally steal it. A”

“Learn not to stick on to shitcoins. Yes, it's that simple really. [re: Daily Crypto Discussion]”

“I'm not here very often and can't find an explainer of the little ship and other icons. What is it and how do people get these? How are they different from moons? [re: Daily Crypto Discussion]”

“I bought btc, eth and ltc in 2016. Then sol and xrp in 2019. I don't push crypto on anyone, but it's laughable to me when I get people that say it's all a scam or isn't real. Not directing toward you necessarily but your comment reminds me of a friend that says this a lot. [re: UPDATE: Binance shuts down my account + seizes $11750. Yes they literally steal it. At the same time CZ publishes a book called “Freedom of Money“]”

“180 days min bro 😅 that’s all I can say don’t ask why I know, I looked on google for it [re: UPDATE: Binance shuts down my account + seizes $11750. Yes they literally steal it. At the same time CZ publishes a book called “Freedom of Money“]”

“So the reason why crypto currencies were invented lol [re: UPDATE: Binance shuts down my account + seizes $11750. Yes they literally steal it. At the same time CZ publishes a book called “Freedom of Money“]”

“I'm hoping the 2027 halving gets more people curious enough to try Litecoin instead of just watching the countdown [re: Excited to see what’s in store for Litecoin over the next few years. A crypto that just works and has a reliable 15 year usage. 2027 halving incoming!]”

“i went through same thing and now i just have one burner that i keep small amount in permanently, never move funds back and forth. if it gets drained i lose maybe 50 bucks and thats the cost of trying new stuff watch-only addresses is smart though, i should do that instead of checking each wallet manually like an idiot [re: Is a burner wallet worth the hassle?]”

“Hello! Basically, few weeks back I finally got myself 25k freed up to invest for 1-2 years. Missed opportunity at 1.8 ETH, still consider it at 2.5k, 7-8 ETH. Also looking at QNT, would like some opinions on that, I know it blew up, is this price gonna stay or is it dropping? BTC always also an option. I’m not a crypto pro, but many of my partners and friends are into it in different aspects. My priority is probably ETH. It will definitely hit at least 4.5 next year from everything I’ve learned.”

“5 years ago there was a lot of talk, even on here, of getting rich from NFTs and memecoins, discussing airdrops etc. Bored Ape Yacht Club and the like.I was just wondering what happened to those, particularly NFTs of 'digital collectibles'. As I understand, most of the ones that sold for hundreds thousands or even millions are worth 0 now?Did you get heavily involved in that space? If so, what's your story? Interested to hear about experiences with 'yield farming' as well - another term I have n”

“got some TRX back in the day for .001.. now my $10 is worth $15.. hehe [re: Anyone got any stories of investing in poo coins?]”

“Think it was called Bonfire. I invested around $3000, first week was 10x. Second week was -$2977. They done a q&a live on twitch I think and it just immediately tanked after. I didnt see it but iirc from the time people suggested they were clueless and just on cocaine. Good times. [re: Anyone got any stories of investing in poo coins?]”

“Earlier this year, I watched as some options plays went from +150% to -100%. I legitimately wanted to die for a solid month. A few months later, I decide to buy back into the market. No more 0DTEs, but surely I can still pick winners right? My portfolio has now dropped 17% in just three days. Looks like there might be blood in the water for the foreseeable future as well, but who knows. I sure as hell don’t. A few days ago, I saw a comment in this sub talking about The Simple Path to Wealth by J”

“I invested around 2000 dollars into some poop coin around 2 years ago (probably called dogshittery) in the hopes I would atleast double my money (realistically I was hoping to 100x my money). Now I rarely check my portfolio. However, today I decided to see how sensible investment has been performing and that 2000 thousand dollars has turned into 10 cents? Can yall believe that 2 big ol thousand dollars have transformed into 10 minuscule pennies. Anyways, what are your thoughts? Also if you have”

“Appreciate the insight and I get you. It's a risky approach [re: How has your experience been with X Money?]”

“So far so good, just a decrease in profits in worse case scenario :) [re: I started crypto two weeks ago and I've been gaining 50%-300% of my investments per day for 7 days straight. How well am I doing?]”

“How much of your capital is left? Did you lose the 100% already or still couple bucks left? [re: I started crypto two weeks ago and I've been gaining 50%-300% of my investments per day for 7 days straight. How well am I doing?]”

“First an investor, then after lower high after lower high, you become a "community member" [re: Richard Heart, creator of Hex and Pulse, arrested in Turkey]”

“Just buy Bitcoin. No need to see all the other noise in this space. [re: Richard Heart, creator of Hex and Pulse, arrested in Turkey]”

“I need guidance as a beginner. I’m looking to earn a small portion daily from memecoins without taking too much risk. I understand the basic terminology and I’m a fast self-learner, so I don’t need step-by-step instructions. I’m mainly looking for practical methods, risk-management ideas, and any discoveries or approaches that have actually made sense for beginners. I understand memecoins are volatile and losses are possible. I’m not looking for guaranteed profits or shortcuts—just honest guidan”

“I want to earn crypto. I don’t mind spending it if it’s treated as cash. [re: Crypto card CEO says most users don’t care whether merchants accept crypto directly]”

“One impulsive $20 trade doesn’t undo 28 years of being careful. Your cousin made it sound like free money, and that’s exactly how these pump tokens catch people. Honestly, getting the lesson for 6 hours of work is a pretty cheap price compared to what some people pay for it. The refreshing is what’s keeping you stuck. I’d either sell the $5 and close it out, or just delete the app and forget it’s there. Waiting for it to get back to $10 makes it feel like a decision you still have to make, and t”

I bought more this am at like 204 [re: Daily Crypto Discussion]

“Hi ! I’m not a trader nor a crypto specialist. But obviously I understand the fundamentals and potential. So finally got 25k to invest for 1-2 years. Looking at ETH, Monero or QNT. What’s your opinion on that type of bank and the best 1-2 year investment to make? Thanks submitted by /u/sandres34 [link] [comments]”

“I'm just happy I bought 10x more than I thought I did. Kept seeing it go up thinking "well at least I bought a little" and then checked my wallet and had way more than I remembered buying. [re: Daily Crypto Discussion]”

“I'll bite. DOGE is just one of the countless shitcoins that will end up nowhere. It wont go to $1 because it's way past its expiration date. No growth, no hype, no potential. Just a memory of those that got lucky because of a freak internet accident. [re: Somethings got me thinking. What's going to be the catalyst? DOGE]”

“Doge's whole rise was a combination of weird that seemed to start slightly earlier than the WSB/Gamestock thing, though it definitely took off to higher heights because of it. You're really just asking what's the power behind memestocks and memecoins, and how to channel it again. Nobody fucking knows. There's no telling what or how something is going to get grabbed by the internet and taken for a ride. Thousands of new memecoins have tried, but the amount that have stuck around i”

“I first got into crypto back in 2017. Back then, I owned a massive bag of DOGE, although it was probably only worth about $200 at the time. And we all know what happened next. DOGE melted faces. What started as a joke became one of the most recognisable cryptocurrencies in the world. The rise of DOGE doesn't make sense to a lot of people. It's a meme. It doesn't offer some revolutionary technology, and its real-world utility is often questioned. Yet somehow, here we are, years later,”

“Yeah you know I’m newer to this-shouldn’t be but that’s another story-and I never really knew how they even worked before but I sure do now [re: Trader Loses $6.6 Million in Bitcoin After Buying New Ledger Wallet]”

“The barter angle is clever, most platforms just do cash or exposure but not actual trades. As someone who’s sketched strangers on napkins for free drinks, I get the appeal. One thing that feels confusing is whether the value exchange is negotiated upfront or if there’s a set menu of what a business offers [re: Student team looking for feedback on our app connecting creators with local businesses]”

“as said, buying a used wallet and not resetting it is, indeed, stupid [re: Trader Loses $6.6 Million in Bitcoin After Buying New Ledger Wallet]”

“If you had to go all in on one coin for a monstrous return That sounds like gambling. [re: Daily Crypto Discussion]”

“Seems like the safest place for your crypto is Coinbase lol [re: At this point, does “Not your keys, not your coins” still hold? It seems almost safer to leave your crypto on an exchange.]”

“[Robinhood] ★ 1/5 (v2026.40.0) — Make sure you note when you buy your crypto you don’t own it on Robinhood. They can take up to 50% of your profits. Better to buy and transfer to a wallet and get 100% of YOUR money earned in APY.”

“do you have $550k in crypto, or do you have $550k in fiat/stablecoins - that's a big difference [re: Need Advice After Allegedly Hitting a Big Crypto Play]”

“lucky guy [re: At this point, does “Not your keys, not your coins” still hold? It seems almost safer to leave your crypto on an exchange.]”

“i dipped my toes in this a while back and had the exact same thing happen. up for weeks then one trade just ate everything. the sizing part is the real killer. you're basically flying blind on their risk management and that alone makes it feel like gambling more than anything else. i treat it as a discovery tool now. if someone is consistently good i'll watch what they're doing and try to understand the logic before putting my own money in. usually give it at least a couple months be”

“I tried copy trading for six weeks and barely managed to break even in the end. I was actually up on four trades. Then, one bad trade wiped out all those gains. I kept holding while the trader I was copying had already exited. The biggest issue I noticed is that copying traders is easy, but you have no idea what their overall portfolio looks like. A 2% position for them might be 20% for you. So you cannot size properly or build the conviction that comes with research. I reached out to some trade”

“I was watching RWT before the pandemic and was waiting for an opportunity to buy in. I got the opportunity and built up decent holding. Recently it has been in a tailspin and I'm wondering if it is time to cut my losses or double down. The dividend is up to 21.62%, which can't be sustainable. Am I cooked? submitted by /u/somebodys-something [link] [comments]”

“My very first investment in any market was $200 worth of Litecoin... [re: Litcoin 15 Years Full Time]”

“This. I have been in this game since early 2017. I feel ZERO excitement for crypto anymore. I am simply holding still merely because I am 50% below my ATH, and too greedy to cash out at 400% profit. I want 800% (its more complicated than that. I don't plan on spending it, its for retirement, which I am 25 years away. I don't want to pay tax on it right now, and would have to put it intro tradioantail invesements, which I would have to pay tax on AGAIN becuase of living status I don't”

“You and me both. Here's my thesis - dino coin with a grayscale trust so yrs of basebuilding in crypto and legacy markets, couldn't ask more of the fundamentals, now with 2 DATS/miners and LTCN being converted to an ETF I'm hoping for the same volume that showed up when ZCSH became an etf to kick this thing off. 🤞 [re: We love you too Litecoin]”

“I am new. Like 2 hours new to this. So please explain like im 2 hours old! If i nuu crypto and it drops. Am I on the hook to pay out more. Or am I only incurring a loss when I sell? Im trying to read up on this but Google search is missing me off. Please and thank you [re: Daily Crypto Discussion]”

“This is definitely inspiring. Thank you so much for sharing your story and wisdom. The key points I get is to convert at market lows and towards end of year when you have a solid sense of you other incomes for the year. Tax free world wide is a great concept. I know ex-coworkers moved to Mexico after retirement. That brought up another critical component of retirement- health care, but that would warrant another discussion. Thanks again for sharing. [re: How to maximize Roth Conversion of 2-3M a”

“Alt seasons have proven to be disastrous for most crypto investors. I think its a fool me once, fool me 3 times kind of thing. IMO we'll never see (and for good reason) another alt season like we have in the past. [re: What are your expectations for the next alt season? Are we gonna make up for the lack of one last cycle? Is it gonna be a specific niche? Or is it gonna get even more disappointing?]”

submitted by /u/PowerappsDev [link] [comments]

“True, getting in early can be profitable. But there's a difference between investing in a business and buying a token that people only want to sell at a higher price. That's why I think real demand matters more than hype in the long run. [re: If nobody needs your token today, why should it have value tomorrow?]”

“It absolutely is in this context. If you’re new, I get it, you get pushed towards them. But after everything they have done over the years, using a ledger is insane. If you have 900k in crypto, you want a paper wallet that you use one time. Once used, new wallet. Paper wallet is kinda just a term, it can of course be metal. Security higher than a ledger, far cheaper, same final backup. [re: Coinbase closed my account with $900,000+ still inside]”

“I believe people use contract address to keep track of the shittiest shit coins, good luck with that. [re: Ticker confusion]”

“i wanna cry man. I just checked and saw that i had 3 million AKE which i paid 1000 dollars for. at the peak it would have been $1.2 million. . even with super low liquidity it was atleast 300k minimum ... fuckkkkkk!!!!! i only sold for 500 bucks gain [re: Daily Crypto Discussion]”

Bro what is happening [re: Daily Crypto Discussion]

“Something I’ve been wondering about: how much do you actually use stop-losses in crypto? I’ve seen completely opposite opinions. Some traders seem to never enter a position without a predefined stop-loss, while others say crypto volatility makes tight stops almost useless because you get stopped out before the price moves in the direction you expected. For those who actively trade rather than just hold: do you always set a stop-loss before entering? And if you do, how do you decide where to plac”

“Right now I don't have any long term crypto investments. I started in 2017, though only with a small investment so I've done very well but I'm not retired or anything. In earlier years the logic was basically "crypto is up a lot, good time to sell" or "crypto is down a lot, good time to buy". Unfortunately I think the logic is now reversed, for BTC at least. Nobody believes it's going to morph to be electronic cash anymore or a stable store of value, so the dr”

“I used to mostly look at the chart, volume and liquidity and call it good enough. Lately ive been spending more time on the boring stuff first. Holder distribution, pool depth, weird wallet activity, token permissions. A chart can look completely normal while something else about the token just feels off. Had one recently where I ended up bouncing between Dexscreener, Solscan and Flipper before doing anything. Flipper showed enough risk context that I went digging a bit deeper on Solscan, and by”

“Here’s my experience. I have been around crypto for years. I’ve now figured out that only really btc and eth are worth investments but if you need to payment or send money ltc is probably the best. 90% of the others are scams. [re: Litecoin : what is happening under the surface remains the most interesting part.]”

We are so back! 🥳

“Neither is a safe bet, but they're as safe as it gets for crypto. I'd get both since their narratives are completely different and diversifying is always preferable to becoming part of a cult.”

Happy for you bro, keep them coming.