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11-25-2018
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Activity: 8% Longevity: 91% | | Re: Goal: No Sell Bitcoin 2018
That is so not the right way to look at it when investing money. No matter what investment that is - theres ALWAYS the chance of the value going down instead of up - at least in the short run. Guess amazon is a terrible investment with how much it dropped (more than 30% in the last few months) - but tell that to someone who bought them at a fraction of the current value.
Clearly youre not built for that sort of activity so you should cash out while you have the chance and before those 'losses' are permanent.
I don't se it as a loss. I see it as a part of the long term trend - same as any invetment. Read what I wrote above about holding LONG TERM.
__________________ AGED SUPER HIGH LIMIT ACCOUNTS: 10,000/$1,000,000 and 25,000/$500,000 |
The complete step-by-step guide to get back to selling today!
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11-25-2018
| Junior Member | | Join Date: Nov 2018
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Activity: 0% Longevity: 31% | | Re: Goal: No Sell Bitcoin 2018 Quote:
Originally Posted by slokor Im all in tether since ripple hit $0.478
Now the question is when to move back to BTC.
Any suggestions? | We're a nearing the 200MA on the weekly price action ($3200ish) plus a daily divergence on the dailies is building up, so it could be a good time to slowly average a way in imo.
Fundamentally... Ohio sets to become the first U.S. state to accept bitcoin for tax bills which is pretty cool.
P.S.
Staying in tether is a bit 2017, don't you think? Lots of people are trying to limit their exposure to USDT as much as possible.
Last edited by oneup; 11-25-2018 at 11:59 PM.
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11-26-2018
| | Senior Member | | Join Date: Nov 2014
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Activity: 0% Longevity: 54% | | Re: Goal: No Sell Bitcoin 2018 Quote:
Originally Posted by slokor That is so not the right way to look at it when investing money. No matter what investment that is - theres ALWAYS the chance of the value going down instead of up - at least in the short run. Guess amazon is a terrible investment with how much it dropped (more than 30% in the last few months) - but tell that to someone who bought them at a fraction of the current value.
Clearly youre not built for that sort of activity so you should cash out while you have the chance and before those 'losses' are permanent.
I don't se it as a loss. I see it as a part of the long term trend - same as any invetment. Read what I wrote above about holding LONG TERM. | your not accounting for the opportunity costs.......
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11-26-2018
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Activity: 8% Longevity: 91% | | Re: Goal: No Sell Bitcoin 2018
Of course I am.
And in order to have sold them at that value of $100k as you put it you would have needed to know the future.
Im afraid the only one on the forums who has cracked that particular trick is Empirestate - if you figure it out too let me know.
It is my 'belief' that in the LONG RUN bitcoin will reach amounts higher than that.
Could I be wrong? of course! Im not a jackass like Empirestate who is perfect at predicting things AFTER they've happened. But I strongly believe that it will happen so I keep my investments in crypto.
If YOU do not believe in it - and from the sounds of it youre NOT - then cashout now and youre pretty much where you started. As for opportunity costs - right now mine are factored in. Yours are not cause you still keep your money in tether and its not doing anything at the moment.
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11-26-2018
| | Senior Member | | Join Date: Nov 2014
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Activity: 0% Longevity: 54% | | Re: Goal: No Sell Bitcoin 2018
I keep it in tether to preserve the value.....I am doing something else with my btc............................................
I know how to turn $3 dollars of btc into $3000 dollars....
I turned $1k of btc into $29k.
if I kept it all in btc, I would of loss 10s of thousands......which I could have put to better use for something else that I do with my bitcoin money.....
all you needs to know is that I have a big penis......and I am not afraid to use it.
Last edited by H4ck; 11-26-2018 at 01:30 AM.
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11-26-2018
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Activity: 8% Longevity: 91% | | Re: Goal: No Sell Bitcoin 2018
I guess that pretty much summed it up...
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11-27-2018
| | Senior Member | | Join Date: Nov 2014
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Activity: 0% Longevity: 54% | | Re: Goal: No Sell Bitcoin 2018
I saw you on tv the other day slokor.... https://money.cnn.com/video/investin...ney/index.html
hehehehehe.....
Last edited by H4ck; 11-27-2018 at 04:36 AM.
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11-27-2018
| Senior Member | | Join Date: Jul 2014
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Activity: 0% Longevity: 56% | | Re: Goal: No Sell Bitcoin 2018 Quote:
Originally Posted by slokor That is so not the right way to look at it when investing money. No matter what investment that is - theres ALWAYS the chance of the value going down instead of up - at least in the short run. Guess amazon is a terrible investment with how much it dropped (more than 30% in the last few months) - but tell that to someone who bought them at a fraction of the current value.
Clearly youre not built for that sort of activity so you should cash out while you have the chance and before those 'losses' are permanent.
I don't se it as a loss. I see it as a part of the long term trend - same as any invetment. Read what I wrote above about holding LONG TERM. | 30% down in a few months? Bitcoin can manage that in a few days lol.
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11-28-2018
| Senior Member | | Join Date: Jun 2018
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Activity: 2% Longevity: 33% | | Re: Goal: No Sell Bitcoin 2018 Quote:
Originally Posted by dan_ebay 30% down in a few months? Bitcoin can manage that in a few days lol. | Anyway, watch now, BTC is recovering slowly..
Those who bought recently can be happy now
+ 14% recovery in the last 24 hours!!! |
11-28-2018
| Senior Member | | Join Date: Jul 2014
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Activity: 0% Longevity: 56% | | Re: Goal: No Sell Bitcoin 2018 Quote:
Originally Posted by @MasterNaster Anyway, watch now, BTC is recovering slowly..
Those who bought recently can be happy now
+ 14% recovery in the last 24 hours!!! | lol, lost 40% in 2 weeks, goes up 14% and crypto 'investors' are happy. Still needs to go up 50% to get back to where it was 2 weeks ago.
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11-28-2018
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Activity: 0% Longevity: 54% | | Re: Goal: No Sell Bitcoin 2018 Quote:
Originally Posted by dan_ebay lol, lost 40% in 2 weeks, goes up 14% and crypto 'investors' are happy. Still needs to go up 50% to get back to where it was 2 weeks ago. | the voice of reason
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11-28-2018
| | Executive [VIP] | | Join Date: Aug 2008
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Activity: 8% Longevity: 91% | | Re: Goal: No Sell Bitcoin 2018 Quote:
Originally Posted by jarsky541 the voice of reason | Just wondering if youll be big enough to admit to your own stupidity and mistakes for all the insults and childish comments if/when it bounces back to new highs.
What do you think? My money is on a big fat 'no'. People like you and Empirestate don't know how to do that - its simply not in you.
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11-28-2018
| | Senior Member | | Join Date: Nov 2014
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Activity: 0% Longevity: 54% | | Re: Goal: No Sell Bitcoin 2018 Quote:
Originally Posted by slokor Just wondering if youll be big enough to admit to your own stupidity and mistakes for all the insults and childish comments if/when it bounces back to new highs.
What do you think? My money is on a big fat 'no'. People like you and Empirestate don't know how to do that - its simply not in you. | when the lottery was in the hundreds of millions he would drive 300 miles just to buy several lottery tickets for himself and his family.....
I told him, the odds of winning are a joke why even bother?
he said, you say that.......watch what happens when I win and you come asking me for help.
end of the story; he lost.
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04-02-2019
| | Executive [VIP] | | Join Date: Jul 2018
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Activity: 4% Longevity: 33% | | Re: Goal: No Sell Bitcoin 2018
bump 4 gains
In hindsight this thread aspkin started will probably look brilliant
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04-02-2019
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Activity: 8% Longevity: 91% | | Re: Goal: No Sell Bitcoin 2018
Great... any second now empirestate is going to crawl out from under his rock with a new recommendation or price prediction...
THANKS BEAUTIFUL!
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04-02-2019
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Activity: 0% Longevity: 60% | | Re: Goal: No Sell Bitcoin 2018
I was just talking to Renee on Saturday that the cost is so low that we should start dumping a few grand a month into it.
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05-10-2021
| Junior Member | | Join Date: Apr 2021
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Activity: 0% Longevity: 16% | | Re: Goal: No Sell Bitcoin 2018
This aged so well | The Following User Says Thank You to MeilenBoss For This Useful Post: | |
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