It's amazing how big the spread is between USDT and USD now, despite the fact that they were originally supposed to be pegged.
I did the same, cashing out some of the profits from the highs, and loading up a bit on the lows.

This post has been edited by wengherng: Apr 26 2017, 09:37 AM

Wow......I haven't been looking closely for the past few days, and NAVcoin just shot up over the last 2 days.
What happened there?
What's the news?

Not so easy to do that, considering that I do not live in Malaysia.
Haha.
Anyway, it's very easy to get updates from Google these days......I'm just lazy.

Nah, I don't think Poloniex will close down, it's not that serious yet, but in any case, you shouldn't be holding your BTC and ETH stashes on an online exchange anyway.
Too dangerous.

Even after so many hacking incidents and all exchanges have been much more careful and vigilant, there are still hack and theft cases happening even today.
Please be extra careful with your investments and always put your stash in hardware wallets.
Never put more than what is needed for trading, on online exchanges.

https://www.reddit.com/r/Bitcoin/comments/6..._lost_3831_btc/

As long as your coins are stored on an online exchange connected to the internet, they are never really truly safe.
A system that is 99.9% secure just means that you have a 0.1% security risk.
It all depends on your risk appetite, really...... how comfortable you are leaving them on the exchange versus how much you loathe the trouble of transferring them to your hardware wallet.

And remember one important fact.
If you don't control the private keys to your coins, they are not really truly yours.


This post has been edited by wengherng: Apr 26 2017, 10:42 PM

Yes, of course I do.
But because back then I was only accumulating bitcoin, the hardware wallet that I bought could only support bitcoin (CoolWallet).
These days, I recommend you get the Ledger Nano S.
Hardware wallets don't actually store "coins", but rather they store the private keys to your coins.
Always remember, whoever holds the private keys, control and own the coins.

True, but if you had been buying ETH instead of BTC from early March, your profit would have been 300% instead of 30%.
I bought both though......so still, pretty happy with myself.

In Malaysia, you cannot buy ETH directly using MYR, you have to procure BTC first and then trade it.
There are many online exchanges that can easily let you trade your BTC to ETH.
Personally, I use Poloniex, but there are so many exchanges for you to choose from, check out the first page for more info.

USD 10k per BTC is very much possible.
The question is when.
And that will depend heavily on how things unravel over the next few months, whether there will be any real solution to the current stalemate.
And also how widely adopted BTC will become, and whether the world governments will finally open up and recognise it as legal tender, as Japan has recently done.

In fact I personally believe it is an inevitable progression......it is no longer possible for the world to go back to the days before cryptocurrency, just like how the world can no longer go back to the days before internet.

One thing with all these ICOs is that I see so many that launch with great hype, then promptly nose-dive and end up losing 99% of their original price within a very short period of time.
Makes me afraid to commit to ICOs.

I think there's something like 91 million ETH around, so what's the estimated amount to be locked?
Damn, my bonus is not out yet. I had wanted to load up before the prices jump due to the ENS.
Hope I don't miss the boat!
But on the other hand, I think I will still stick to my original plan and split my hoarding between BTC and ETH.
I think the future is bright for both of them.

One thing that keeps weighing in at the back of my mind is whether the current euphoria on ETH is a bit too hyped up surrounding this EEA news.
For example, if, after the EEA reveal, the progress is not as "blockbuster" as it was perceived to be, then there would be a massive correction......and I do not want to be buying in on the current high.
Of course, the other end of the spectrum is also possible, where the rocket ignites and shoots to USD 100 and I'll have missed the boat.
This is killing me......

Hey mate, I just checked out their site, seems not bad at all.
I think I will buy from them and opt for the registered mail, still cheaper compared to shipping from France!

0.5 - 2%?
I'm more than 70% heavy in ETH......
Don't know whether I am a genuis, or just plain crazy......

Currently, there is no legislation on cryptocurrency in Malaysia, same as most other countries in the world, as they cannot seem to decide definitively whether it falls under legal tender currency category, or asset category.
For the moment, you can think of it as somewhat like stocks, where you buy and trade. There are no taxes on profits from the stock market.

We're all a bunch of crazies here......

Well, think of it this way......with the price trend of ETH now, even if you were to stay in a mental hospital, you can afford the first class rooms.
With a private nurse.

Shit, I think I will only get my funds next Wednesday, so no buying before then...
I wonder if there is any chance the current hype will correct itself, and the prices will come down a bit by next Wednesday so I can buy......

I'll take your word for it.
Anyway, seems I can't do anything before next Wednesday so no point crying about it.
I can only hope for the best.
If it really does drop to USD 45 next Wednesday before it shoots up on May 4th, I'll be a freaking happy man.

Aiyah, I don't go to that section of Lowyat forum la...
Oh well, I can only think positive and have faith that we'll one day see USD 1k ETH......

Done......with a few minor rewording.

By the way, among Poloniex and Bittrex that you are using, which one offers a better rate for BTC/ETH?
Or no significant difference?

Planning to buy it this afternoon.
Will have to check again at that time, which website offers the best price and delivery time.
Getting scared, too much holding being held in exchanges now.