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road-runner

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OK,.. get ready for some fun.  

 

You need to learn how to set up STOP-LIMIT ORDERS.  https://poloniex.com/support/stopLimitOrders/  play around with some #s and see how it works,.. it will not send buy order till you click Approve.  :blink:

 

Till your comfortable using stop-limit orders,.. you can use the BUY FLDC box,.. I recommend doing small amounts like 50K per buy,.. to learn how everything works.

 

As long as FLDC is [red -] when you buy you will make a profit, your going to sell it when it turns [green +] down the road,.. so at times you need to trade at prices you have, not prices you want or hope for.

 

Then just kick back and wait,.. I generally start buying at -15. :popcorn:   

Edited by Braegnok

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This seems fun! I should get a few hundred to play with.

 

Edit: Wow poloniex is not very intuitive, I get the whole stop, start, sell, buy stuff. I just haven't figured out how to link my wallet or buy BTC on this site...I'll figure it out eventually I guess.

 

Nvm figured it out after a bit of googling. I guess Poloniex is like its own wallet in a way.

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Im just trying to figure out how to convert FLDC and BTC to cash LOL!

Coinbase is the easiest imo, there are a couple exchanges that support trading to usd, and also some third party services who will convert it for you (for a fee of course).

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Coinbase! You can exchange btc, eth, or ltc directly to usd, then withdraw to a bank account. Also they have a mobile app, you can do it from your phone.

 

You'll just need to convert your fldc to btc in poloniex or something first.

Edited by scr4wl

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Well you know the old say everything I want to do is against the law.. I read somewhere the other day about some new bills that were passed by big brother to get there fingers into the digital currency

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From what I've gathered ALL is just the new way.

 

Also I've been reading about bills that would tax bitcoins and than you would have to report it on taxes. I give it a year before these things start passing.

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