$42,000 dollars to buy Bitcoin and Litecoin - Time to buy? - page 2.

bohr

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Quote from: portalufonet on July 05, 2017, 11:40:35 PM

Quote from: bohr on June 23, 2017, 05:49:45 PM

The op took a risk but it seems it has paid of maybe he could get some fiat just to protect himself in the case everything goes down in flames in the case things turn out badly.

Never fiat my friend, always holding, I will sell half of my litecoins when It reaches 200$ each, other half when It reaches 300$+ Cool

Ok, if you are so sure then good for you, but if I were you I will sell enough of my holdings to recover my initial investment that way even if everything was lost you will still have not lost a thing, but good for you for being so bold.

Sled

hero member

Activity: 1680

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Bitcoin- in bullish time

If you have $42,000 then you should just buy bitcoins instead of litecoin because litecoin is nonsense after the segwit of bitcoin is already activated. Litecoin is just hyped right now because of its advantages like segwit and also the fast and cheaper transaction than bitcoin but after the august 1 which is the segwit2x then bitcoin will be the king of all currencies again.

Pursuer

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Where is my ring of blades...

Quote from: portalufonet on July 05, 2017, 11:40:35 PM

Quote from: bohr on June 23, 2017, 05:49:45 PM

The op took a risk but it seems it has paid of maybe he could get some fiat just to protect himself in the case everything goes down in flames in the case things turn out badly.

Never fiat my friend, always holding, I will sell half of my litecoins when It reaches 200$ each, other half when It reaches 300$+ Cool

ok good for you, but you don't need to repeat it in multiple comments

and it sometimes is so much better if you are more active in trading altcoins, rather than just buy and hold. that way you are also reducing the risk while maximizing the profit. for example selling yesterday on top could have meant a nice little profit to buy back more after it fell.

portalufonet

full member

Activity: 226

Merit: 100

My again guys, the OP, Litecoin @ $50 dollars.

I will continue HODLING until it reaches $200+

To the moOooNn

portalufonet

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Activity: 226

Merit: 100

Quote from: bohr on June 23, 2017, 05:49:45 PM

The op took a risk but it seems it has paid of maybe he could get some fiat just to protect himself in the case everything goes down in flames in the case things turn out badly.

Never fiat my friend, always holding, I will sell half of my litecoins when It reaches 200$ each, other half when It reaches 300$+ Cool

bohr

sr. member

Activity: 994

Merit: 257

The op took a risk but it seems it has paid of maybe he could get some fiat just to protect himself in the case everything goes down in flames in the case things turn out badly.

keithers

legendary

Activity: 1456

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This is the land of wolves now & you're not a wolf

Quote from: freedomno1 on April 23, 2017, 03:40:30 AM

Quote from: portalufonet on April 22, 2017, 07:22:50 PM

Best choice of my life! Grin

He-he good to see this one back.
Ya you made a nice killing clinks the wineglass and cheers mate.
Well the Bitcoin side at least that Litecoin well its alright could have gone Doge ^^

Me too...I was always wondering what happened with this. Good job!!!

Holding LTC through what I think was multiple years in the $3s would be tough. I had a bunch of LTC, that I converted back to BTC when the conversion ratio was strong enough for me. I think I would have been like 15% more profitable if I would have held until now, but dollar for dollar I didn't do that bad on my timing in switching back to BTC.

aeternus

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Well, congratulations opener, that is what I call to have some serious balls to do what you did, you could buy the three apartments you indicate and rent them or buy one and invest in more crypto and make even more money in the long run.

ImHash

hero member

Activity: 924

Merit: 506

If you are still holding them then don't sell any LTC but sell bitcoin to buy more LTC

people were crazy to pay $25 for LTC 3 years ago?
One other thing to think about: if you only held the $42K since 3 years ago you would've had $42K now but since you bought crypto and the most promising ones as well now you could have more than $100K if you sell them.

HatakeKakashi

hero member

Activity: 1274

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For sure when the op staryed this topic last 2014 and they hold their bitcoin and litecoin for sure they are now millionaire because they can earn a lot of profit. If they sell their bitcoin and litecoin. Byt bitcoin rpice is still increasing so its better if we hold our bitcoin now and wait the price to increase to the maximum price . Even the litecoin is now good and for sure if we invest that we can earn a lot of profit after that.

krisnt80

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Activity: 729

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The op hasnt made just 20%, those reference if im not wrong is about litecoin value into btc i do believe, the exchange rate from dollars to his currency has changed a lot, i might be wrong but i believe 1 dollars were 2,50 real, not sure at all. This is the histories that make several people do risk over crypto, sure if he had went all into bitcoin he would had made 10x the value as well the ratio against is local currency.

pizamoi

member

Activity: 105

Merit: 10

Its a great success story but consider taking out some profits even if only a small portion. You say you could buy 3 appartments like the one you sold so why not buy one then the other 2 appartments worth you still HODL. That way even if your investment goes belly up you still have everything you need.

Duzter

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Activity: 1092

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Leading Crypto Sports Betting & Casino Platform

$42000 is quite good to make a better earning through diversified investment into trading of altcoins and bitcoin. In reality I would like to suggest to invest it into some realtime or online business with bitcoin and few altcoins acceptance. This will help earn a better and grow your business good as the days of digital currency usage is increasing rapidly.

keithers

legendary

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Merit: 1001

This is the land of wolves now & you're not a wolf

I think if you held all the LTC from the original time that you purchased, your profit margin may have finally caught up to if you would have put half in bitcoin and half in litecoin like I was recommended to do way back when the Original post was made.

LTC was sitting stagnate for so damn long but the Segwit stuff put LTC finally back on the map. That and coinbase finally adopting. That was what litecoiners were praying for for years!

gabmen

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Quote from: L00n3y on June 04, 2017, 02:26:23 AM

I don't see any reason why you shouldn't buy btc. With that amount you can buy a couple of bitcoins. I doubted litecoin price, choose another altcoins instead. Be updated on the new coins that is being introduced and invest in there but you do have a lot of amount man, don't invest it all in cryptocurrencies, do some business in the real world or buy lands and house. That amount is enough to start a good business. Be smart.

Indeed. That amount can set up a real business that can give you steady earnings without risking losses in trading. Though i think it is reslly well worth it as well to invest in bitcoin, it's better to spread your capital especially if it's that big.

L00n3y

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I don't see any reason why you shouldn't buy btc. With that amount you can buy a couple of bitcoins. I doubted litecoin price, choose another altcoins instead. Be updated on the new coins that is being introduced and invest in there but you do have a lot of amount man, don't invest it all in cryptocurrencies, do some business in the real world or buy lands and house. That amount is enough to start a good business. Be smart.

Netnox

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Quote from: portalufonet on April 23, 2017, 11:02:49 AM

You are 100% right, and I have bought lots of litecoins @ $2, If I sell today, more than 200% profit

Quote from: Rinder on April 23, 2017, 09:26:21 AM

First you made three nice investment, dollar to real is now 1 dollar=3 real, if im not wrong, soo you got 20% just from those, backing to 2015 i believe bitcoin price were 300-400 dollars on those period, another amazing investment, ltc i dont remember at all, but im pretty sure you had roi multiple times with your risky investment, something you would have if you had the money in the bank neither rent your house, congratulations.

I believe even with good result from your investment if you had wait a bit more you could had made several much more, 2014 price were above 600 dollars i joined in the end of 2015 i know price were up and down.

Perhaps you should do some profit booking now? Litecoin prices can't be trusted. The exchange rate fluctuations are similar to those with the other crypto-currencies. It can drop by 80% in a matter of few days. It might be a better idea to convert at least a small part of your holdings to BTC or fiat.

swogerino

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Bitcoin Casino Est. 2013

Quote from: portalufonet on April 23, 2017, 11:02:49 AM

You are 100% right, and I have bought lots of litecoins @ $2, If I sell today, more than 200% profit

Quote from: Rinder on April 23, 2017, 09:26:21 AM

First you made three nice investment, dollar to real is now 1 dollar=3 real, if im not wrong, soo you got 20% just from those, backing to 2015 i believe bitcoin price were 300-400 dollars on those period, another amazing investment, ltc i dont remember at all, but im pretty sure you had roi multiple times with your risky investment, something you would have if you had the money in the bank neither rent your house, congratulations.

I believe even with good result from your investment if you had wait a bit more you could had made several much more, 2014 price were above 600 dollars i joined in the end of 2015 i know price were up and down.

It feels really good to read such a success story. It made me think deeply what to do with the coins I hold and the best I can do is to hold the bitcoins. The only thing I didn't understand was why you invested 50-50 to bitcoin and litecoin and not 100 % in bitcoin ? I guess it was because you wanted to at least diversify the risk.

portalufonet

full member

Activity: 226

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You are 100% right, and I have bought lots of litecoins @ $2, If I sell today, more than 200% profit

Quote from: Rinder on April 23, 2017, 09:26:21 AM

First you made three nice investment, dollar to real is now 1 dollar=3 real, if im not wrong, soo you got 20% just from those, backing to 2015 i believe bitcoin price were 300-400 dollars on those period, another amazing investment, ltc i dont remember at all, but im pretty sure you had roi multiple times with your risky investment, something you would have if you had the money in the bank neither rent your house, congratulations.

I believe even with good result from your investment if you had wait a bit more you could had made several much more, 2014 price were above 600 dollars i joined in the end of 2015 i know price were up and down.

Rinder

hero member

Activity: 868

Merit: 500

First you made three nice investment, dollar to real is now 1 dollar=3 real, if im not wrong, soo you got 20% just from those, backing to 2015 i believe bitcoin price were 300-400 dollars on those period, another amazing investment, ltc i dont remember at all, but im pretty sure you had roi multiple times with your risky investment, something you would have if you had the money in the bank neither rent your house, congratulations.

I believe even with good result from your investment if you had wait a bit more you could had made several much more, 2014 price were above 600 dollars i joined in the end of 2015 i know price were up and down.

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