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3702303 No.3702303 [Reply] [Original]

https://www.youtube.com/watch?v=XgjSOMViljo

ELIX is #2 in his top 5 "hyped" cryptocurrencies under the radar!

>> No.3702351
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3702351

>>3702303

holy fucking shit

im calling the lambo dealrship now.

>> No.3702365

I kind of get how to buy this token, but how exactly do you sell it? DO you sell it for BTC? wouldnt your money lower if BTC falls?

disclaimer: im about to buy $100 on ELIX for my first crypto purchase

>> No.3702368

>>3702365
BTC is on a bull run atm, but ELIX's price right now is just the beginning

Expect $1+ by the end of this month

>> No.3702382

was

>> No.3702393

>>3702368
I know, but how exactly do you sell it?

>> No.3702403

>>3702393
https://www.coinexchange.io/market/ELIX/BTC

>> No.3702404

>>3702365

you buy it for BTC and sell it for BTC.

thats the simplest way to think about it. as long as you sell for more BTC then you are gucci.

the USDBTC pair is another layer of complexity that may or may not be relevant.

>> No.3702422

>>3702404
That's what I assumed. But I figure the flucuation in BTC to USD would change your profits as well.

>> No.3702441

>>3702422

some people want to build their BTC stack because they take the long position on BTC.

other want to maximize their USD stack. up to you what you want to do.

>> No.3702452

>>3702365
when you get more experience with crypto you'll learn that most people measure their losses/gains in BTC and not $USD for the exact reason you specified.

It took me awhile to figure it out as well when I was starting.

For example you might buy a coin for $1 each, and you look later and see it's up to $1.12 so you think "oh wow I just made 12% profits!" when in reality the only reason it went up in price is because BTC went up in price and it essentially "pulled up" that coins price with it, so if BTC were to dip/crash, that coin would dip/crash simultaneously - so it's not really an organic price move for that particular coin at all, it's just that it's tied to BTC.

Most people measure in a fraction of BTC called "satoshi" or "sats" so if someone says "I bought it at 2005 sats!" that's 0.00002005 of a BTC, and then if they sell it for 4005 sats (or 0.00004005 of a BTC) they basically 2x'd their investment in relation to BTC holdings.

Basically learn to stop caring about your $ profits and start caring about your BTC profits. If you can't do that you're going to have a bad time in the long term. Also never invest with money you can't afford to lose. If you put $100 in ELIX be prepared to lose it all and not be too upset if you do - it happens from time to time.

>> No.3702500

so 10k this week?

>> No.3702533

>>3702500
$0.50-$1 this week

>> No.3702544

>>3702452

exactly. ive actually made profit in USD but lost in BTC.

>> No.3702553

>>3702452
cool thanks for the help. Another question. Do I have to store my ELIX on etherwallet? What is etherwallet? It looks confusing

>> No.3702626

>>3702553

any wallet that supports erc20 tokens.

>> No.3702643
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3702643

If I can give you a tip: get out now because I just got in. This shit is going to tank

>> No.3702647

Just put 1 ETH in this badboy. See you at $2

>> No.3702655

>>3702643
No it won't. You're going to make it!

>> No.3702721

holy fuck just imagine it at regal price level. Same Idea of lending. Hold tight


BTW what is that 1st coin that he talk about?

>> No.3702741
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3702741

The only reason I have trouble believing this will hit 1$ in the short term is the genesis pair mining system, which will essentially cause the total supply to be inflated at every price milestone as early adopters cash out.

In the long term though, the quicker the supply increases the better, as it will ultimately result in a lower final max supply.

>> No.3703038
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3703038

Which wallet do I download to store Elixir in?

>> No.3703204
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3703204

>>3703038

its an erc20 token so any that support those

>> No.3703232

>>3703204
do I need a wallet? can't I jsut leave it on coinexchange?

>>3703038
who are these thots

>> No.3703287

>>3703232
you can leave it
>ANY IDEA OF 1st COIN FROM SUPPOMAN VIDEO?

>> No.3703288

>>3703232

you dont need a wallet. but i guess thats the sensible thing to do. in general keeping things on exchanges is risky - if you dont control the private key you dont fully control it.
you can use any eth wallet that supports erc20 tokens.

>> No.3703352

>>3703288
cool tenks

so lets say I want out of the market. All I do is sell my ELIX for BTC on the exchange and then simply sell my Bitcoin on coinbase for $$$ and I'm good?

>> No.3703374

I want in but I really don't want to buy the ath on this

>> No.3703439

>>3703374

up to you anon. but if you search the pink wojaks you will see people complaining that they didnt buy more at 1500 which was also an ATH a couple of days ago.

>> No.3703465

>>3702393
You just trade it back for BTC, and then trade BTC for dollaridoos or whatever currency you have in your country.

>> No.3703480

>>3703465
how do us Australians trade btc for $$$? coinbase hates Australia

>> No.3703494

>>3702422
It does, but it’s all gravy on a $100 investment. Obviously if you trade back into BTC while it’s on a bull run, you’re not getting a great exchange rate.You can hodl till BTC takes a dip. Doesn’t really matter as long as you’re accumulating more BTC, which should continue it’s trajectory upward over time.

>> No.3703528

>>3702303
>top hyped
>not being covered

Thats a logical error.

>> No.3703569

>>3703480
That I don’t know anon. I’m not sure what the mechanism is for converting BTC and ETH for Australian $ but it certainly exists. Maybe create a post here and some dingo with more experience can help you. In the interim, leaving your profits in BTC is pretty safe, although there are big swings from time to time. In the long run, I don’t see BTC being worth nothing, quite the opposite actually. But leaving your profits in an alt-coin long term is probably a bad idea unless new info comes to light.

>> No.3703597

keep the converted btc in wallet or exchange you reckon? Probably will make a post later on, 4am not the best time for Aus

>> No.3703603

If this thing hits a dollar, I’ll make my rent for the next year.

>> No.3703637

>>3703597
It depends on how much active trading vs. hodling you’re doing. Once your stack is bigger, it’s safer to move it to a wallet and just trade with whatever you don’t want to bank at the moment. I like to gamble on house money so I tend to keep track of my initial capital investment and pull it back into USD.

>> No.3703869

>>3703232
you can of course leave any of your crypto on an exchange but by doing so you're basically putting complete faith in that exchange to be there in the future or to not run away with your coins/money. It's not a common thing but has happened before (google MtGox history, that was the most famous example)

Also make sure you enable Two Factor Authentication (2FA) on the exchange which requires you to download the Google Authenticator App on your phone. It then requires you to enter your 6-digit random/changing code from the phone app in order to login to your Exchange account (make sure to write down the override code you get when you enable 2FA on the website in case you lose your phone) which offers you some protection against hackers who might somehow obtain your username/password.

Overall these aren't huge concerns if you're dealing with small amounts of money, but good practice regardless especially if you eventually plan to scale up and invest more later.

Ultimately a wallet is safer than an exchange though, but for small amounts it's fine to leave on exchange.

>> No.3703898

>>3703352
is coinbase where you signed up, verified your account/identity, and made your initial deposit? then yes, you do exactly as you said, sell your ELIX for BTC, transfer BTC to your coinbase account, sell for $USD and then withdraw to your bank account or whichever method you select.

>> No.3703954

>>3703898
>>3703869
awesome. thanks. Just bought 600 ELIX coins first time ever. to the moon and shit

>> No.3704020

The coin looks really interesting.
But do we know the team?
When is the product coming?


Is now the time to buy, or do we wait for a dip?

>> No.3704082

>>3703352
yes

>> No.3704114

>>3704020
don't think there's too much info about the team but the product does seem legit. If you go to
coinmarketcap dot com and find ELIX you can find links to their website, and the announcements page on bitcointalk to see more about the product. They just released a demo video the other day, which I think is part of why we're seeing this big price bump. They also outline their roadmap with product release dates.

I don't know if a major dip is coming honestly, this coin has mooned for basically two days straight, it was like $0.05 a few days ago, now its $0.177 and rising. Seems to be a lot of interest, it might hit $0.25-0.30 soon at this rate, and eventually $0.50-$1

I've been saying it all along but with such a low market cap and circulating supply, it really won't take much interest for this coin to rocket up in price extremely fast. Of course we can never be 100% sure what will happen

>> No.3704206

>>3704020

the team are senior JP morgan engineers. they are being anonymous since dimon is not a fan of crypto and they are afraid for their jobs. once the app is fully baked and they can take on the project full time they will reveal themselves.

>> No.3704216
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3704216

>>3704020

buy now

>> No.3704270

>>3703287
Also interested in this, I read it starts with a b

>>3704114
Completely true, but how long until the working product? I have seen many hypes run out of steem because it took so long, then dump 50+% until news hit.

>>3704216
so 6 months?

Oh well I might put half my kyber gains in.
If only kyber wouldn't have dropped 20% from yesterday.

>> No.3704345

>>3704206

You say this in every thread, faggot. Where is your proof?

>> No.3704381

wish I had more money to invest in this... already spent all my money on DUDE LMAO Weed stocks

>> No.3704396

>>3704381
If I sell my kyber I could get 10+ eth worth or something.... very tempting.

>> No.3704468

>>3704345

you need to trust me anon
its not something i can publicly reveal.
lets just say im personal friends with them and an early investor.

>> No.3704514

>>3704468
show us your stack then

>> No.3704529

>>3704514

i have untouched genesis pairs.
i hold 100k ELIX to daytrade

>> No.3704538

>>3704514

And all a big stack could mean is that he's hyping it up here to dump it on us. So far it's been working too.

>> No.3704564

Pump to 5k faggots, come on!

>> No.3704633

>>3704538

if you check the block explorer. there are no actual whales in this coin.

>> No.3705462

Not selling due to lazy. It already went x5 for me. Safely inside MEW... will check again in 6 months.