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Finance cryptocurrency

Started by JMG, May 28, 2017, in Life Add to Reading List

  1. icecube
    Posts: 9,519
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    Joined: Feb 15, 2011
    Location: London

    icecube West Coast is the Best Coast

    Dec 30, 2020
    $28500 today. Boy do I regret selling...
     
    #561
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  2. Slyk
    Posts: 8,511
    Likes: 29,660
    Joined: Feb 15, 2011
    Location: Detroit -> Cali

    Slyk God made a prophet.

    Dec 31, 2020
    I finally consolidated all of my alts, minus eth, Ltc, xlm, xmr, & glm.. I’m about 2 1/2 years late on it, but yeh still hanging onto the rocket.
     
    #562
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  3. Slyk
    Posts: 8,511
    Likes: 29,660
    Joined: Feb 15, 2011
    Location: Detroit -> Cali

    Slyk God made a prophet.

    Dec 31, 2020
    Dumped all of my ripple the other day as well. Took a BATHHHH on it, but it’s about to be worth $0.05 in a month
     
    #563
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  4. hanky
    Posts: 82
    Likes: 210
    Joined: Dec 9, 2019

    hanky

    Jan 3, 2021
    Just got pretty f---ing rich off of Bitcoin. I’ve been buying a little every month and averaging down every time it dipped since 2018. Can’t decide whether to hold or ride it to 50k+
     
    Last edited: Jan 3, 2021
    #564
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  5. dna hits
    Posts: 5,799
    Likes: 3,880
    Joined: May 3, 2017

    dna hits

    Jan 4, 2021
    Yeah I did at 14 cents. It’s not supposed to do much until around 2025 the banks that back it claim it’ll be at least $1.15 then
     
    #565
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  6. King of Kings
    Posts: 2,274
    Likes: 2,575
    Joined: Feb 15, 2011

    King of Kings Who Dey

    Jan 14, 2021
    should i buy any bitcoin or is too high right now. i dont know how this s--- works
     
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  7. icecube
    Posts: 9,519
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    Joined: Feb 15, 2011
    Location: London

    icecube West Coast is the Best Coast

    Jan 15, 2021
    Depends what you want to do with it. If you're looking to flip it and make a quick profit then your about 3 years too late.

    If you're looking for a place to store money and spread your assets and are looking to hold onto for the next few decades then go for it.
     
    #567
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  8. King of Kings
    Posts: 2,274
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    King of Kings Who Dey

    Jan 15, 2021
    so even if i buy say 500 dollars in bitcoin later this year and store it for the next two years, you still dont think a profit will be made?
     
    #568
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  9. icecube
    Posts: 9,519
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    Joined: Feb 15, 2011
    Location: London

    icecube West Coast is the Best Coast

    Jan 15, 2021
    It's both equally likely you'll gain money as you are to lose money. Therefore the mean calculation would show neither loss nor gain.

    However, I'm not the best person to give advice on this. I bought nearly £1000 worth of bitcoin in January 2018 (I think it was 2018). A day or 2 after its first peak. And typically I sold it about a month ago as I couldn't be bothered with just £150 worth of bitcoin sat there. Annoyingly it would be worth about £2k today.

    I do believe though that bitcoin will replace gold in the future. It'll be fairly worthless holding it but it will dictate the value of "real" money.
     
    #569
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  10. JEB
    Posts: 2,417
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    Joined: Nov 15, 2017
    Location: Washington, D.C.

    JEB

    Jan 28, 2021
    Dogecoin skyrocketing today
     
    #570
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  11. hanky
    Posts: 82
    Likes: 210
    Joined: Dec 9, 2019

    hanky

    Feb 3, 2021
    Get in and get out. Great way to make some quick money but last one out loses. At least until the next pump
     
    #571
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  12. JEB
    Posts: 2,417
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    Joined: Nov 15, 2017
    Location: Washington, D.C.

    JEB

    Feb 3, 2021
    True. I should have sold when it was over 8 cents, but I bought in at less than a cent so I'm still okay.
     
    #572
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  13. JMG
    Posts: 15,880
    Likes: 38,142
    Joined: Dec 3, 2014

    JMG Teflon

    Feb 8, 2021
    Don't waste time with Doge. If you got money to invest theyre so many other options. Its a bull market and so many coins that have real value are going off. BTC gonna pass 50k this week and lots of Alt coins are gonna ride with it. $ADA $LINK >>
     
    #573
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  14. Lil Squeed
    Posts: 24,190
    Likes: 57,526
    Joined: May 5, 2015

    Lil Squeed French Montana Stan

    Feb 8, 2021
    smh at these DOGE doubters in here
     
    #574
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  15. Lil Squeed
    Posts: 24,190
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    Lil Squeed French Montana Stan

    Feb 8, 2021
    They laughed at people that didn't sell their Bitcoin at $15,000 back in 2017
     
    #575
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  16. JMG
    Posts: 15,880
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    Joined: Dec 3, 2014

    JMG Teflon

    Feb 8, 2021
    True.. I am surprised its holding its current price. I just don't see how it can complete with other coins, long term. What keeps it going when the hype is over?
     
    #576
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  17. JMG
    Posts: 15,880
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    Joined: Dec 3, 2014

    JMG Teflon

    Feb 10, 2021
    Last chance to get ADA under $1.. I hope everyone is getting engaged. $$$$
     
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  18. Ricky
    Posts: 39,469
    Likes: 101,714
    Joined: Jul 15, 2015

    Ricky Hip-Hop CEO ™

    Feb 10, 2021
    I have no idea what's going on, can someone explain me this
     
    #578
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  19. Worm
    Posts: 15,005
    Likes: 59,526
    Joined: Feb 15, 2011
    Location: New Jersey

    Worm Big Perm Big Worm

    Feb 10, 2021
    what app do you use...coinbase is being a d-ck about getting the good cryptos in
     
    #579
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  20. JMG
    Posts: 15,880
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    Joined: Dec 3, 2014

    JMG Teflon

    Feb 10, 2021
    I use many. Go to coinmarketcap.com and find the coin u want and then go to that page and click markets in the menu. It will list the exchanges.

    @Ricky start there too. Do some research on the top 10. Pick one you like and invest ..what u can afford to lose.
     
    #580
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