Goal: No Sell Bitcoin 2018

[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.

[oneup]

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.

[H4ck]

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.......

[slokor]

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]

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]

I guess that pretty much summed it up...

[H4ck]

I saw you on tv the other day slokor....


https://money.cnn.com/video/investin...ney/index.html


hehehehehe.....

[dan_ebay]

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.

[@NasterXchange]

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!!!

[dan_ebay]

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.

[H4ck]

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

[slokor]

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.

[H4ck]

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.

bump 4 gains

In hindsight this thread aspkin started will probably look brilliant

[slokor]

Great... any second now empirestate is going to crawl out from under his rock with a new recommendation or price prediction...
THANKS BEAUTIFUL!

[yankee]

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]

This aged so well