NBA Top Shot - High Risk, High Reward? - Page 201

b2k1121 · 02-25-2021, 03:40 PM

Quote:

Originally Posted by boxbuster7

The silver lining in all of this is series 2 moments /15,000 won't crash just yet

I think they will continue to fall until the pack finally drops then we'll see a sharp drop before a steady climb back up.

boxbuster7 · 02-25-2021, 03:47 PM

Quote:

Originally Posted by b2k1121

I think they will continue to fall until the pack finally drops then we'll see a sharp drop before a steady climb back up.

I think top players will climb up until the drop, but everybody else will fall

deemsterz33 · 02-25-2021, 03:53 PM

I see people saying they can't withdraw their money? Is that a thing? If so, how is that not illegal?

ThePackLife · 02-25-2021, 03:54 PM

Quote:

Originally Posted by deemsterz33

I see people saying they can't withdraw their money? Is that a thing? If so, how is that not illegal?

If youre not on the platform and dont intend on using it then no need to really worry about it TBH.

Brobocop · 02-25-2021, 03:58 PM

Quote:

Originally Posted by ThePackLife

If youre not on the platform and dont intend on using it then no need to really worry about it TBH.

Fair point I agree with, I think folks who have dumped hundreds or even thousands of dollars into this should be more worried. I know I would be.

deemsterz33 · 02-25-2021, 04:00 PM

Quote:

Originally Posted by ThePackLife

If youre not on the platform and dont intend on using it then no need to really worry about it TBH.

I am interested in using it, and this is a reasonable concern.

Howie7107 · 02-25-2021, 04:13 PM

Quote:

Originally Posted by Brobocop

Fair point I agree with, I think folks who have dumped hundreds or even thousands of dollars into this should be more worried. I know I would be.

Have dumped that much. Am not worried. Thank you for worrying for me though!

sandlotsportcards · 02-25-2021, 04:13 PM

Looks like my portfolio has rebounded some. My Giannis assist out /7500 is down $80 from what I paid but my Jarret Allen /3999 is up $70. So my losses on my current portfolio are minimal.

Brobocop · 02-25-2021, 04:17 PM

Quote:

Originally Posted by sandlotsportcards

Looks like my portfolio has rebounded some. My Giannis assist out /7500 is down $80 from what I paid but my Jarret Allen /3999 is up $70. So my losses on my current portfolio are minimal.

It's not a loss until you sell.

b2k1121 · 02-25-2021, 04:20 PM

Quote:

Originally Posted by Brobocop

Fair point I agree with, I think folks who have dumped hundreds or even thousands of dollars into this should be more worried. I know I would be.

If you are going to drop a bunch of money into something you should probably research the withdrawal process first.

Brobocop · 02-25-2021, 04:21 PM

Quote:

Originally Posted by b2k1121

If you are going to drop a bunch of money into something you should probably research the withdrawal process first.

I'm not sure it was or is entirely evident that once you deposit money in, it's in for the long haul. At least I don't recall since I made my first and only deposit about six weeks ago.

b2k1121 · 02-25-2021, 04:24 PM

Quote:

Originally Posted by Brobocop

I'm not sure it was or is entirely evident that once you deposit money in, it's in for the long haul. At least I don't recall since I made my first and only deposit about six weeks ago.

Maybe it should be more apparent, but whenever I'm putting money into something I check on the cost in fees and the process for getting my money out before I put the money in.

BaseGravenberch · 02-25-2021, 04:26 PM

Quote:

Originally Posted by deemsterz33

I see people saying they can't withdraw their money? Is that a thing? If so, how is that not illegal?

I can withdraw. Everybody can at some point if you did KYC. You can KYC after showing several weeks of buys/sells and/or hitting a certain dapper wallet threshold.

brothertona · 02-25-2021, 04:36 PM

From what I've heard it is 4 to 6 weeks after you do KYC you can withdraw.

Vinny1984 · 02-25-2021, 04:39 PM

Quote:

Originally Posted by Howie7107

Have dumped that much. Am not worried. Thank you for worrying for me though!

Same. I’m about $3k in and don’t have any worries.

rifleman69 · 02-25-2021, 04:41 PM

Quote:

Originally Posted by BaseGravenberch

I can withdraw. Everybody can at some point if you did KYC. You can KYC after showing several weeks of buys/sells and/or hitting a certain dapper wallet threshold.

Which in and of itself is a big red flag. You have to be active in order to be able to withdraw.

Vinny1984 · 02-25-2021, 04:43 PM

Quote:

Originally Posted by Brobocop

I'm not sure it was or is entirely evident that once you deposit money in, it's in for the long haul. At least I don't recall since I made my first and only deposit about six weeks ago.

This is a fair point. I signed up early January and I don’t believe there was any writing that stated the wait time. Or maybe there was and I chose to ignore it since I knew I was going to be in it for 3+ months. Not sure if they clearly state the wait time with new entrants now or not.

ThePackLife · 02-25-2021, 04:44 PM

Came in with my doubts but here I am 4 days later with 2/3 of my original investment still and now 5 moments... RJ Barret is my favorite one but it's also for sale since it's a lower number. I'll buy a cheaper one if it sells. lol

Just wanna say THANKS to everyone in this thread that helped me get started and continue to educate the newbs... We couldnt have done this without ya'll.

https://www.nbatopshot.com/user/@ThePackLife/moments

drobfan8 · 02-25-2021, 04:54 PM

Quote:

Originally Posted by ThePackLife

Came in with my doubts but here I am 4 days later with 2/3 of my original investment still and now 5 moments... RJ Barret is my favorite one but it's also for sale since it's a lower number. I'll buy a cheaper one if it sells. lol

Just wanna say THANKS to everyone in this thread that helped me get started and continue to educate the newbs... We couldnt have done this without ya'll.

https://www.nbatopshot.com/user/@ThePackLife/moments

Thanks for sharing. I like that Brogdon.

Also, what does KYC mean? I've seen it a few times.

boxbuster7 · 02-25-2021, 04:57 PM

Quote:

Originally Posted by drobfan8

Thanks for sharing. I like that Brogdon.

Also, what does KYC mean? I've seen it a few times.

Literally asked my buddy the exact same question yesterday - Know your customer

pharmboymatt · 02-25-2021, 04:57 PM

Quote:

Originally Posted by tier1dc

those stupid poors.

Pretty much sums it up. Silly poors keep trying new get-rich-quick schemes while continuing to funnel money upwards. It's adorable.

ThePackLife · 02-25-2021, 05:09 PM

Quote:

Originally Posted by drobfan8

Thanks for sharing. I like that Brogdon.

Also, what does KYC mean? I've seen it a few times.

NP. That Brogdon clip is a sleeper for sure as it actually includes Oladipo, Brogdon and Sabonis. lol

Eckstein197 · 02-25-2021, 05:10 PM

Quote:

Originally Posted by Vinny1984

This is a fair point. I signed up early January and I don’t believe there was any writing that stated the wait time. Or maybe there was and I chose to ignore it since I knew I was going to be in it for 3+ months. Not sure if they clearly state the wait time with new entrants now or not.

When I signed up in late January, I did read where it said the withdrawal process takes 6-8 weeks. You need a period of time on the app, and then you’ll go through a verification process

Also as previously stated, they had only 1 person doing the withdrawals process until just recently because they weren’t that popular and there weren’t that many accounts. A rapid 3 week expansion where users went up 10X isn’t enough time to hire employees to work through the withdrawal process quicker. It takes time to hire people

drobfan8 · 02-25-2021, 05:17 PM

Quote:

Originally Posted by boxbuster7

Literally asked my buddy the exact same question yesterday - Know your customer

Ah, thanks

Quote:

Originally Posted by ThePackLife

NP. That Brogdon clip is a sleeper for sure as it actually includes Oladipo, Brogdon and Sabonis. lol

Best of luck with it. Definitely a cool clip

Vinny1984 · 02-25-2021, 06:08 PM

Advice needed. I could currently sell three lebron s2 /15000 for a Zion S1 handles or a Luka S1 buzzer beater. Would you do it?

02-25-2021, 04:44 PM	#5018
ThePackLife Member Join Date: Apr 2019 Posts: 1,001	Came in with my doubts but here I am 4 days later with 2/3 of my original investment still and now 5 moments... RJ Barret is my favorite one but it's also for sale since it's a lower number. I'll buy a cheaper one if it sells. lol Just wanna say THANKS to everyone in this thread that helped me get started and continue to educate the newbs... We couldnt have done this without ya'll. https://www.nbatopshot.com/user/@ThePackLife/moments __________________ FOMO is REAL!

02-25-2021, 06:08 PM	#5025
Vinny1984 Member Join Date: Mar 2020 Posts: 3,145 Admcm53	Advice needed. I could currently sell three lebron s2 /15000 for a Zion S1 handles or a Luka S1 buzzer beater. Would you do it? __________________ https://www.flickr.com/photos/187995295@N03/albums

02-25-2021, 03:53 PM	#5003
deemsterz33 Member Join Date: Mar 2016 Location: Portland, OR Posts: 5,924 phunkified	I see people saying they can't withdraw their money? Is that a thing? If so, how is that not illegal?

02-25-2021, 04:13 PM	#5008
sandlotsportcards Member Join Date: Jul 2007 Location: Massillon Ohio Posts: 3,145 sandlotsportcards nkirkbride	Looks like my portfolio has rebounded some. My Giannis assist out /7500 is down $80 from what I paid but my Jarret Allen /3999 is up $70. So my losses on my current portfolio are minimal.

02-25-2021, 04:36 PM	#5014
brothertona Member Join Date: Jul 2019 Location: Atlanta, GA Posts: 6,965 brothertona1	From what I've heard it is 4 to 6 weeks after you do KYC you can withdraw.