Good news to back my move from BC to ETH a few days ago.
BITCOIN
- Thread starter Weather Man
- Start date
You don't think it would be better place your money in the vault when you "feel" it will crest compared to it's history then rebuy when you "feel" it's at it's lowest?
not at this point no...given where my entry is...and the longterm thesis of inflation/dollar crashing/large institutions buying and holding....I'll keep up-to-date on it but don't plan to sell any time soon.
Just bought 6 shares of Amazon, I see nothing but growth there. That'll give me 7 shares total and I did rather well with it thus far. I saw where they just bought 7 Jets to deliver faster. Long term buy.
wouldn't i LOVE to know!
I will say...at this point, if you do NOT own any, then buy now and you will be fine in 3-12 months
My ignorant suggestion is a 50/50 split between BT and ETH which is what I have done.
Congrats to anyone who bought bitcoin at the parabolic top in 2017 and held through the bleeding...you are now up 100%
Broke 5K Bitches ...
HAHAHA
HAHAHA
Bitboy Crypto has been spot on about a few developments in Crypto recently. He thinks a Biden administration will be great news for Cryptos. Because they'll be printing money like never before since they control the House, Senate and White House. Get ready for a useless, devalued dollar.
His prediction is for Ethereum to hit $27,000 by October 2021. We'll see what happens.
Good to hear. Everything I read is positive. But there are so many outlets out there, I don't know what is better to believe. I don't know the good sources...or bad sources.
Only risk what you are OK with losing.
I agree with the poster above. Be willing to lose it. I am taking a chance with this but am aware it is risky. Watch the news on Bitcoin and Ethereum to see how things are developing.
Hence my question...i can afford to lose it but i dont want to lol
Years ago i woulda just done it lol...but im older and wiser
I've had $10,000 sitting in a savings account for more than 3 years now. I kept it around in case I needed it. It's accumulated a whopping $26 in interest during that time. I could have bought 3 Bitcoins with that $10,000 when Bitcoin hit rock bottom in 2018 and that would have been close to $120,000 now. Or I could have bought stock with it. I did put money in crypto the past few years and doing ok now but still wish I had taken that $10,000 into BTC. It's still sitting in the savings account doing nothing.
By doing nothing I lost out on $110,000.
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