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/biz/ - Business & Finance

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24199400 No.24199400 [Reply] [Original]

My crypto has been sitting on bittrex since 2017. I have like 45 eth on there. Do I need to withdraw it to get eth2? I haven't been paying attention to crypto since the last crash. Do I need to do anything now?

>> No.24199413

>>24199400
Yes

>> No.24199434

>>24199400
whatever you do, get your fucking coins off bittrex

>> No.24199438
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24199438

>>24199400
get ready to smile for the camera anon

>> No.24199467

>>24199413
Really? Is it too late?

>> No.24199475

>>24199400
https://twitter.com/VitalikButerin/status/1331025517227589634

Read OP

Anything ethereum will go to 0 unless you transfer

>> No.24199526

>>24199475
This goes for chainlink as well.

Solution: Sell everything then buy in after ETH 2.0

>> No.24199532

>>24199475
OK now I'm stressed. What do I need to do?

>> No.24199534

Is eth going to dump soon?

>> No.24199628

>>24199438
Ahahahahaha fucking shitrex

>> No.24199679

>>24199532
sell and put into xrp and then sell and buy into eth2.0 a year later
>tell me im wrong
ngmi

>> No.24199777
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24199777

>>24199475
wait so if I have eth i'ma lose it if I don't stake? i'm so confused plz help me i don't want to lose my moneys

>> No.24199860

>>24199777
no you fucking dumbfucks, your ethereum will not be affected if you don't deposit into the contract.

If you do choose to deposit, you get a higher apy when staking in ethereum 2.0

>> No.24199881

>>24199532
don't listen to them bro. DO NOT send it to 2.0 unless you are sure. You will be unable to remove it until phase 1 (~3 years). You will need to run a validator the entire time or you will lose ETH as penalty. You will only be getting like 10% staking returns. If that is all your money it is not worth it.

>> No.24199933

>>24199860
ok good to know thx anon :)

>> No.24199948

>>24199777
>>24199881
OK thank you. So it's fine to keep holding?

>> No.24199967
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24199967

>>24199933
you're welcome, sorry for calling you a dumfuck

we are all going to make it

>> No.24200007

>>24199948
yes 1.0 and 2.0 are running at the same time. 2.0 is in a super basic state to start testing PoS and getting people to slowly migrate over. There won't be a real shift to 2.0 for a long time.

>> No.24200047

>>24199434
What's wrong with Bittrex? I have $150k in coins sitting there,

>> No.24200530

You will make more trend trading than locking in for APY. The price can vary too much. Thats why farming sucks most of the time. I actually don't understand staking, but I know trading.