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Bitcoin. Seven. Thousand. Dollars. Update: ~$15k
- Thread starter Vex
- Start date
I've got on the train. The train I almost got back on in 2013 but didn't because back then it was a little harder to buy some BTC and couldn't be bothered, I was going to drop £200 back then....
I've spent some money that I can afford to lose but it doesn't really feel like a gamble, in terms of the feeling. I might add more more cash and invest in some other cryptos like Eth or Lite, while they are cheap and sit back and see what happens in the long run.
I've spent some money that I can afford to lose but it doesn't really feel like a gamble, in terms of the feeling. I might add more more cash and invest in some other cryptos like Eth or Lite, while they are cheap and sit back and see what happens in the long run.
I got a notification for this lol. It automatically tags usernames I guess lol.
This is going to be hell.
I've gone from yay it's going up when I invested to being stressed. What the poop is happening.
Ok, seriously? I've been avoiding this thread because I don't know anything about stocks or bitcoins, but bitcoin was $12,000 yesterday, and I just checked a minute ago and it's now $16,000. That seems like a lot of money for a stock to go up in less than 24 hours.
That's because it's not a stock.
It's going up because it's going up. Everyone wants to get on the rocket. Just have to get out before it blows up.
Really want to figure out when to jump off, I wish I had invested a little earlier or a little more because then I'd be satisfied already but now this thing is either going to the moon or it's going to crash for a while before climbing back up. Selling and rebuying now already doesn't really feel like an option for me another, going down with the ship or flying to the moon with it? Futures being traded on Monday will be the make or break for this boom I feel like
Well, whatever it is, good luck to you all. I don't have any bitcoin, but I think I'm going to stay that way. I'm not sure I could handle the stress.
Fuck , Its going up too fast. Not sure if i should purchase in another $100 worth of BTC or not.
My investment amount is low but that is all i can afford lol.
Its basically a Realtime AR game now if you don't put in a lot of money. A trip to a Theme park with express pass cost about as much so i am getting my worth lol.
My investment amount is low but that is all i can afford lol.
Its basically a Realtime AR game now if you don't put in a lot of money. A trip to a Theme park with express pass cost about as much so i am getting my worth lol.
Ok, I am not trying to be a jerk, I was just trying to see if you were one of the Winklevoss twins, a CPA, the Wolf of Wall Street or a money manager.
As I now understand your prediction that bit coin will hit $1,000,000 for 1 bit coin is based off your HYPOTHESY that there MAY be SOME mechanism that causes societies to favor cryptos, as it SHOULD be favored by the laws of this world.
That doesn't feel like a very strong statement to me. I am not trying beat on you or anything. Here is why I think it will not be favored by the laws of the WORLD in my life time. Today, in the year 2017, when everything feels connected to everything, the world (your word) is still only about 50% connected to the Internet.
https://en.m.wikipedia.org/wiki/Global_Internet_usage
again sorry if the tone of this is off. I am really not trying to sound mean or harsh. When I see an opportunity to grow my wealth 1000x I need to know the risks. I don't know about heat engines though.
https://www.bloomberg.com/news/videos/2017-12-04/bitcoin-futures-may-be-the-next-big-short-video. Not a big fan of the video but the basic idea is that Wall Street is going to get in on futures trading on Bitcoin and might try to short and crash the market.
I feel that the amount does not matter too much if the main intention is to be part of the "event" and have fun discussions lol.
Nice, maybe I should take the Wall Street approach. Then I can be in the movie "Big Short 2" lmao
So it's basically going to keep rising until around Sunday. Then it's could take a dive because of nervous investors?
Edit corrected
iirc ether coin was like 8$ near january. It is now at 400+$.
Had you invested 20,000 youd have like a million now in less than a year.
Well life itself exists because it generates more entropy by existing than not. The fact is you hear the massive energy consumption of cryptos. That produces more entropy than if there were no cryptos.
If u want me to hypothesize cryptos growth in value gives more power to those invested and attracts further investment from others. That can result in promotions, laws, etc being favored by society. It can also result in enemies of cryptos being punished.
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Hmmmm, I get what you're saying. Wouldn't that happen after regulation though? Or do you think Wall Street would come in while BTC is still unregulated?
My purchase of 1 BTC back when it was just under $4k is paying off big time.
For those who are worried about jumping in right now because of the price, at least consider investing a set dollar amount each week/month/etc. That way you'll get some returns and continue building consistently. I've been doing this since September (investing $250 a month) and just those investments alone (which are conservative tbh) have netted me $1.3k. Close to double what I invested. Will continue buying like this. (No way I can afford another whole bitcoin lol)
For those who are worried about jumping in right now because of the price, at least consider investing a set dollar amount each week/month/etc. That way you'll get some returns and continue building consistently. I've been doing this since September (investing $250 a month) and just those investments alone (which are conservative tbh) have netted me $1.3k. Close to double what I invested. Will continue buying like this. (No way I can afford another whole bitcoin lol)
People need to stop wishing so hard. I bought $50 when it was $11K which has turned into around $80. It's just fun to see and if I lose $50 I lose $50.
I know mod colors are usually restricted but it can't be stated enough. Do not buy what you can't afford to lose
EDIT: $17K on GDAX goodness.
EDIT 2: 17.5 this shit is rocketing.
I know mod colors are usually restricted but it can't be stated enough. Do not buy what you can't afford to lose
EDIT: $17K on GDAX goodness.
EDIT 2: 17.5 this shit is rocketing.
This needs to be in the the thread title. I feel like people are starting to go all-in on something that they don't understand.
Growth like this always corrects. When? Who knows... you have to be very careful.
If you're not day trading then just hold. For all you know it could hit $20K by years end. Just enjoy the ride. Hopefully you didn't drop more than you can afford to lose into this.
Or they can get burned and lose even more as they fail to do so.
I'm not day trading, but I put in a decent chunk very late (around 10k). I can easily stand to lose it, but shit lol. My rational brain tells me this isn't real/sustainable. Reddit bitcoin section is just all memes. I don't know of anyone who is speaking from a place of knowledge on this.
Litecoin usually goes up with BTC but now it's been going down. Wondering if I should even bother with it at this point. I have a pretty decent investment into it too.
I wouldn't take anything that's happened in the last 24h to be a long term indicator of anything. Everything that's not BTC is tanking right now.
I wish i have 10 K (Hi 10 K , hope this don't trigger you) that i can afford to lose. The most i can lose is around $300 lol and i already have the same thought as yours.
I'll second and third it. Do not try to gamble money you can't afford to lose on something that can easily backfire.
What's the easiest way to get some IOTA? I've opened an account with Binance but might as well check if anyone knows a better way?
What's the easiest way to get some IOTA? I've opened an account with Binance but might as well check if anyone knows a better way?
So here's my advice based on my experiences trading some volatile stocks.
Have a goal in mind.
You want to make 1k? 2k? 3k? 5k? 10k? Whatever your number is, keep it in mind, and when you hit it, bail.
Sure you may lose some upside, but there's nothing wrong with hitting your goal and being happy.
Put in $750 earlier today. Wooo. Wish I took more of a risk when it was $8k.
....$19k
Just made 120 in 30min....
....$19k
Just made 120 in 30min....