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Topic: $50k to Invest - Convince Me! - page 6. (Read 9104 times)

Bit_Happy
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
Re: $50k to Invest - Convince Me!
June 15, 2014, 05:40:49 PM
#35
Quote from: Gimmelfarb on June 15, 2014, 05:36:15 PM
Quote from: Bit_Happy on June 15, 2014, 05:34:42 PM
Quote from: Gimmelfarb on June 15, 2014, 05:14:54 PM
...and i think we saw the first breakout of resistance this morning.... Smiley

I normally enjoy checking BTC prices frequently, but the last couple of days I stopped watching for changes. This will just take time to get moving again, and $700 should happen later this month.

i certainly think $700 will happen later this month... i think we may see it sooner than some bulls think, even. i think we saw real seller exhaustion here, so when this starts to break up, there will be a good amount of panic this time -- not just short squeeze like the last bounces...

$50k to Invest - Convince Me!
OK, I'm convinced...Now I need to come up with $50,000 in extra income.  Cheesy
Gimmelfarb
hero member
Activity: 658
Merit: 500
Re: $50k to Invest - Convince Me!
June 15, 2014, 05:36:15 PM
#34
Quote from: Bit_Happy on June 15, 2014, 05:34:42 PM
Quote from: Gimmelfarb on June 15, 2014, 05:14:54 PM
...and i think we saw the first breakout of resistance this morning.... Smiley

I normally enjoy checking BTC prices frequently, but the last couple of days I stopped watching for changes. This will just take time to get moving again, and $700 should happen later this month.

i certainly think $700 will happen later this month... i think we may see it sooner than some bulls think, even. i think we saw real seller exhaustion here, so when this starts to break up, there will be a good amount of panic this time -- not just short squeeze like the last bounces...
Bit_Happy
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
Re: $50k to Invest - Convince Me!
June 15, 2014, 05:34:42 PM
#33
Quote from: Gimmelfarb on June 15, 2014, 05:14:54 PM
...and i think we saw the first breakout of resistance this morning.... Smiley

I normally enjoy checking BTC prices frequently, but the last couple of days I stopped watching for changes. This will just take time to get moving again, and $700 should happen later this month.
Gimmelfarb
hero member
Activity: 658
Merit: 500
Re: $50k to Invest - Convince Me!
June 15, 2014, 05:14:54 PM
#32
Quote from: Tzupy on June 15, 2014, 10:54:31 AM
Right now is a bad time to invest in BTC. There should be a consolidation during the next 1 - 2 weeks.
If after that it breaks up, it should reach 800$ before a downward correction. If it breaks down, then it will drop well below 340$.

i agree generally -- though i feel that we saw seller exhaustion last night. either higher lows or lower low w/ bullish rsi divergence on all exchanges. and i think we saw the first breakout of resistance this morning.... Smiley
Bit_Happy
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
Re: $50k to Invest - Convince Me!
June 15, 2014, 05:05:49 PM
#31
Convince Me!
The traditional ACH system for transferring money is very slow compared to Bitcoin. You are witnessing a rare opportunity to be part of a major change in the way the world moves, stores and uses money.
leezay
full member
Activity: 363
Merit: 100
SWISSREALCOIN - FIRST REAL ESTATE CRYPTO TOKEN
Re: $50k to Invest - Convince Me!
June 15, 2014, 04:59:02 PM
#30
Quote from: joshraban76 on June 15, 2014, 02:24:15 PM
Quote from: Justine on June 15, 2014, 01:41:15 PM
Quote from: joshraban76 on June 15, 2014, 01:34:14 PM
Quote from: Justine on June 15, 2014, 01:29:29 PM
If this guy is asking an advice from strangers in this forum, how long do you think his money will last?


Is it a must to ask someone I know well "family,friends" to be convinced ?


To be a good investor, he must do his own homework and know the risk and potential payoff.


Where does this contradict with what the OP is asking for ?

Did he tell us, I will be making X, kindly make it for me and I will just enjoy the profits ?

This forum is known to be full of scammers. I have a toll bridge to sell if you are interested.

OROBTC
legendary
Activity: 2912
Merit: 1852
Re: $50k to Invest - Convince Me!
June 15, 2014, 04:02:59 PM
#29
...

boumalo is offering excellent advice: diversify!

And if you do not own any gold, then buy some.  The real thing, not "paper gold".
joshraban76
sr. member
Activity: 252
Merit: 250
Re: $50k to Invest - Convince Me!
June 15, 2014, 02:24:15 PM
#28
Quote from: Justine on June 15, 2014, 01:41:15 PM
Quote from: joshraban76 on June 15, 2014, 01:34:14 PM
Quote from: Justine on June 15, 2014, 01:29:29 PM
If this guy is asking an advice from strangers in this forum, how long do you think his money will last?


Is it a must to ask someone I know well "family,friends" to be convinced ?


To be a good investor, he must do his own homework and know the risk and potential payoff.


Where does this contradict with what the OP is asking for ?

Did he tell us, I will be making X, kindly make it for me and I will just enjoy the profits ?
CaptainBeck
full member
Activity: 168
Merit: 100
Re: $50k to Invest - Convince Me!
June 15, 2014, 02:10:05 PM
#27
Quote from: Keyara on June 15, 2014, 11:33:02 AM
A fool and his money would soon departed.

Yup. No sure thing about making money other wise it would be completely covered, especially when it sounds so good.

Also doing your own homework is a great way to find out BTC rather than us, unless you want us to invest it for you OP.
boumalo
legendary
Activity: 1918
Merit: 1018
Re: $50k to Invest - Convince Me!
June 15, 2014, 01:54:14 PM
#26
Quote from: makebitcoin on June 15, 2014, 12:48:42 PM
Don't put all your money in one basket. Diversify your bonds brother!

He said he has 50k$ to invest in Bitcoin; he probably has much more invested

For diversification it is important to think about geographic, sector, systemic risk, tax and politics
Justine
full member
Activity: 169
Merit: 100
Re: $50k to Invest - Convince Me!
June 15, 2014, 01:41:15 PM
#25
Quote from: joshraban76 on June 15, 2014, 01:34:14 PM
Quote from: Justine on June 15, 2014, 01:29:29 PM
If this guy is asking an advice from strangers in this forum, how long do you think his money will last?


Is it a must to ask someone I know well "family,friends" to be convinced ?


To be a good investor, he must do his own homework and know the risk and potential payoff.
joshraban76
sr. member
Activity: 252
Merit: 250
Re: $50k to Invest - Convince Me!
June 15, 2014, 01:34:14 PM
#24
Quote from: Justine on June 15, 2014, 01:29:29 PM
If this guy is asking an advice from strangers in this forum, how long do you think his money will last?


Is it a must to ask someone I know well "family,friends" to be convinced ?
Justine
full member
Activity: 169
Merit: 100
Re: $50k to Invest - Convince Me!
June 15, 2014, 01:29:29 PM
#23
If this guy is asking an advice from strangers in this forum, how long do you think his money will last?
makebitcoin
sr. member
Activity: 308
Merit: 250
Re: $50k to Invest - Convince Me!
June 15, 2014, 12:48:42 PM
#22
Don't put all your money in one basket. Diversify your bonds brother!
boumalo
legendary
Activity: 1918
Merit: 1018
Re: $50k to Invest - Convince Me!
June 15, 2014, 11:40:53 AM
#21
Quote from: Tzupy on June 15, 2014, 10:54:31 AM
Right now is a bad time to invest in BTC. There should be a consolidation during the next 1 - 2 weeks.
If after that it breaks up, it should reach 800$ before a downward correction. If it breaks down, then it will drop well below 340$.

It has gone from 1200 to 700 then 560 now (after it went lower), it is better to buy when the sentiment is lower than it should be

We don't know if it will go much lower than this before it spikes up
Keyara
full member
Activity: 174
Merit: 100
Re: $50k to Invest - Convince Me!
June 15, 2014, 11:33:02 AM
#20
A fool and his money would soon departed.

Putting money in bitcoin is a gamble. You might double your money if you are lucky. You might also lose it all if you are not so lucky.
CaptainBeck
full member
Activity: 168
Merit: 100
Re: $50k to Invest - Convince Me!
June 15, 2014, 11:32:16 AM
#19
Quote from: Tzupy on June 15, 2014, 10:54:31 AM
Right now is a bad time to invest in BTC. There should be a consolidation during the next 1 - 2 weeks.
If after that it breaks up, it should reach 800$ before a downward correction. If it breaks down, then it will drop well below 340$.

Depends if you think it will spike up or down again, if you think it will spike up, then a good time to buy in on BTC, if you think its only the start of a drop, then yes its a bad time to get in on this.
joshraban76
sr. member
Activity: 252
Merit: 250
Re: $50k to Invest - Convince Me!
June 15, 2014, 11:30:46 AM
#18
Because simply, the price is going up again, you can read more in the speculation forum.

Or, you can come with a solid UNIQUE idea which is bitcoin-oriented and make profit from it.
Tzupy
legendary
Activity: 2156
Merit: 1094
Re: $50k to Invest - Convince Me!
June 15, 2014, 10:54:31 AM
#17
Right now is a bad time to invest in BTC. There should be a consolidation during the next 1 - 2 weeks.
If after that it breaks up, it should reach 800$ before a downward correction. If it breaks down, then it will drop well below 340$.
Gianluca95
legendary
Activity: 1582
Merit: 1196
Reputation first.
Re: $50k to Invest - Convince Me!
June 15, 2014, 10:27:56 AM
#16
Quote from: bl4kjaguar on June 14, 2014, 11:17:53 PM
With bitcoin, you can earn great interest rates by "safely" loaning out your money on sites like BITFINEX, ICBIT, Playt.in, or really any borrower who you can trust. Cheesy Grin

Hey bro, you forget www.btcjam.com ! Smiley

So, if you want to invest in sure way, buy some bitcoin, then send its to a paper wallet ! Smiley

When price will rise up, sell it and get your money  Grin
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