1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

And this is why you shouldn't rely on one source.. EVER

Discussion in 'CryptoCurrency' started by avilux, May 26, 2017.

  1. avilux

    avilux Power Member

    Joined:
    Nov 23, 2014
    Messages:
    553
    Likes Received:
    293
    [​IMG]

    Coinbase, Poloniex, Kraken, CEX, you name it.. they're all crap. Eventually they will poop out on you. YES, especially when you are trying to buy the coin when it just crashed due to everybody panicking. Or even better yet, when you're trying to sell through a wallet and the site crashes and you lose a client (or at least you get them angry after they're forced to wait for a few hours).

    ALWAYS, always spread out your risk. Have coin on multiple wallets. Both online and offline. Never trust any one site or exchange. Only the paranoid survive in the crypto world.

    Hope for the best, expect the worst.

    Cheers.
     
    • Thanks Thanks x 1
  2. Billy_Batts

    Billy_Batts Jr. VIP Jr. VIP

    Joined:
    Dec 16, 2016
    Messages:
    2,520
    Likes Received:
    1,990
    Gender:
    Male
    Occupation:
    Working On Niche Sites Moslty
    Location:
    ↓On A Fast Haste Hosting VPS↓
    Home Page:
    [​IMG]
     
  3. avilux

    avilux Power Member

    Joined:
    Nov 23, 2014
    Messages:
    553
    Likes Received:
    293
    Honestly the constant 4 days of errors with Coinbase has made the site unusable lol. Just gotta laugh (and cry alongside the pools of ice cream) about it at the end of the day
     
  4. darulez

    darulez Jr. VIP Jr. VIP

    Joined:
    Mar 12, 2013
    Messages:
    3,067
    Likes Received:
    1,068
    Gender:
    Male
    Occupation:
    Doing Internet Warfare
    Location:
    Bad Neighborhood
    no worries here.

    MSCI world looking good:

    [​IMG]

    "auto diversfied" over 1500+ values. wow.

    myriad of SEs to invest. and once I retire to korea, I just cah out 10 years earlier.
     
  5. appytheking

    appytheking BANNED BANNED

    Joined:
    May 19, 2017
    Messages:
    86
    Likes Received:
    5
    Gender:
    Male
    true that one of the website I use was down for 3 days man.
     
  6. joeb1ow

    joeb1ow Regular Member

    Joined:
    Oct 26, 2014
    Messages:
    401
    Likes Received:
    121
    This is every fucking investment you can make on the planet
    You still going to see folks dropping they life savings into 1 basket

    I read a little into Mt. Gox after watching a 2013 youtube video and GAWD DAMN o_O
    [​IMG]
    [​IMG]
    [​IMG]
    850,000 bitcoins just vanished with only 200,000 bitcoins recovered
    600,000 bitcoins M.I.A and I guess it was around $500 million at the time
    You know how much that is worth today? $1,461,986,500 :eek:
    You know how much that will be in 10+ years o_O

    You crazy if you don't have or create multiple streams of income B o_O
    Check yo self before you wreck yo self
     
  7. Reaver

    Reaver Jr. VIP Jr. VIP

    Joined:
    Aug 6, 2015
    Messages:
    1,904
    Likes Received:
    5,466
    Gender:
    Female
    There are people on this very forum bragging that they invested their life savings into BTC.

    That doesn't mean everyone else should do it too.

    Taking investment advice from random strangers on the internet is like getting diagnosed with a disease by someone on reddit.
     
    • Thanks Thanks x 3
  8. polldd

    polldd Jr. VIP Jr. VIP

    Joined:
    Jul 24, 2014
    Messages:
    126
    Likes Received:
    11
    Home Page:
    Well said OP, In the crypto world, nothing is certain and nothing is sure.