2Yr·

Hey i was just looking at some cryptos and am interested in $OMG (-0.11%) interested, would like to inquire about it beforehand and want to use this Getquin app in addition to it, so what do you guys say?

15 Comments

Leuchtturm@Leuchtturm

2Yr

Why don't you invest in normal papers with growth/and dividend potentials 🤔 Feel free to join the line where the many getquinners cry at 📉📉📉

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Sharon 19@Sharon

2Yr

@Leuchtturm aso i haven't had this app for long and wanted to find out a bit more

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Leuchtturm@Leuchtturm

2Yr

@Sharon ok

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individend@individend

2Yr

Crypto is always good for trading, long live the ponzi. From the substance relatively unexciting, after the "robbery" of Ronin. Can not imagine that there are still many reinapen.

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Sharon 19@Sharon

2Yr

@BigDip ok thanks for your reply, which cryptos are you in?

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individend@individend

2Yr

@Sharon None at all. Still have csm from CityStates Medieval and a land plot from "My Neighbor Alice". Just have to be in there, I'm focused on stocks at the moment.

Was about 1 year deep in WAX, made good money with NFT flipping and "crypto games" (ponzi). I was also day-trading at the time to burn the profits nicely.

If you have OMG now, chill in a Discord where there are many players, those are the ones who would buy your tokens. I wouldn't assume that a crypto project will ever get anything going, so generally think shorter. At some point people lose interest and run to the next golden cow, dump when people are still hyped and close the trade with a profit.

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Pope Donkey XXI@DonkeyInvestor

2Yr

Why are you interested?

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Sharon 19@Sharon

2Yr

@DonkeyInvestor because I've noticed that many people are buying deep into "small" cryptos that are less than €2, so I thought maybe it would rise like bitcoin. So I wanted to know which cryptos you have in your deposit and why this crypto of all cryptos has strong potential?

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Pope Donkey XXI@DonkeyInvestor

2Yr

@Sharon Google market capitalization.

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Sharon 19@Sharon

2Yr

@DonkeyInvestor I have, the market capitalization is the composition of the issued shares of companies times the current value of the share.

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Sharon 19@Sharon

2Yr

@DonkeyInvestor but not to sound rude what should I do with the information?

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Pope Donkey XXI@DonkeyInvestor

2Yr

@Sharon It doesn't matter how much a cryptocurrency is worth, it depends on the market capitalization. A cryptocurrency that is currently worth 2 cents, but of which there are trillions of units, will never achieve anywhere near a similar price per unit as Bitcoin, of which there are only 21 million units

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Sharon 19@Sharon

2Yr

@DonkeyInvestor you've opened my eyes, so I understand you should go for cryptos whose share count is "low"? ( of course the other points count too, but roughly in that direction should mab go or?)

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Pope Donkey XXI@DonkeyInvestor

2Yr

@Sharon it's best to read through the basics. I have written a 3-part series of articles on this. You can find part 1 here:
https://app.getquin.com/activity/buTJFYxcSD
The last part is also about how you can earn money with cryptocurrencies

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Sharon 19@Sharon

2Yr

@DonkeyInvestor thanks I will do it

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