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-   -   Goal: No Sell Bitcoin 2018 (https://www.aspkin.com/forums/cryptocurrency/112597-goal-no-sell-bitcoin-2018-a.html)

slokor 11-25-2018 11:19 PM

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.

oneup 11-25-2018 11:57 PM

Re: Goal: No Sell Bitcoin 2018
 
Quote:

Originally Posted by slokor (Post 959979)
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.

H4ck 11-26-2018 12:29 AM

Re: Goal: No Sell Bitcoin 2018
 
Quote:

Originally Posted by slokor (Post 960226)
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.......

slokor 11-26-2018 01:12 AM

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.

H4ck 11-26-2018 01:18 AM

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.

slokor 11-26-2018 03:41 AM

Re: Goal: No Sell Bitcoin 2018
 
I guess that pretty much summed it up...

H4ck 11-27-2018 04:33 AM

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.....

dan_ebay 11-27-2018 06:42 AM

Re: Goal: No Sell Bitcoin 2018
 
Quote:

Originally Posted by slokor (Post 960226)
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.

@NasterXchange 11-28-2018 11:11 AM

Re: Goal: No Sell Bitcoin 2018
 
Quote:

Originally Posted by dan_ebay (Post 960479)
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!!! :bounce::bounce:

dan_ebay 11-28-2018 11:58 AM

Re: Goal: No Sell Bitcoin 2018
 
Quote:

Originally Posted by @MasterNaster (Post 960910)
Anyway, watch now, BTC is recovering slowly..
Those who bought recently can be happy now :)
+ 14% recovery in the last 24 hours!!! :bounce::bounce:

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.

H4ck 11-28-2018 02:25 PM

Re: Goal: No Sell Bitcoin 2018
 
Quote:

Originally Posted by dan_ebay (Post 960925)
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

slokor 11-28-2018 02:47 PM

Re: Goal: No Sell Bitcoin 2018
 
Quote:

Originally Posted by jarsky541 (Post 960956)
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.

H4ck 11-28-2018 08:38 PM

Re: Goal: No Sell Bitcoin 2018
 
Quote:

Originally Posted by slokor (Post 960958)
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.

Beautiful 04-02-2019 07:42 PM

Re: Goal: No Sell Bitcoin 2018
 
bump 4 gains

In hindsight this thread aspkin started will probably look brilliant

slokor 04-02-2019 07:50 PM

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!

yankee 04-02-2019 08:07 PM

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.

MeilenBoss 05-10-2021 09:07 PM

Re: Goal: No Sell Bitcoin 2018
 
This aged so well :)


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