Topic: Did the guy ever sell his house to go all in on LTC? (Read 1335 times)

there just might be a bitcoin scaling solution in the works. there's talk of something being agreed at the consensus conference. in that case i expect the ass to fall out of many alts, litecoin especially.

Wow really a good and great desicion you have done i dont this i can do that risk in my life i dont think i can sell a car or house to take a risk in litecoin but that is really a great investment for everybody i will also invest in the coins that have great potential today.

every person have their own choice. I have a friend he even sell house and two shops for investing in alt coin. although I tried my best to convince him but he is too much confident, beside that he already invested a good amount of money there and still welling to invest more although the alt coin is still not added in any market.

If I were him I would have not have risked my house just to go all in on LTC, just because there is a risk that his prediction won't happen as he predicted and he might end up losing money on the long run. I do hope he got out of altcoin now and have took profits. I guess it is safer If he have had done that on bitcoin when it was still about 200-300$ in price but it still involves big risk.

Therein lies the problem with crypto.  I agree; I don't want to sell what I have when the price is acting like one of those bouncy houses that kids play on.  And now we touched $2000.  Crazy days.

I thought this gentleman was mad when I originally read the post...now it seems he may have been onto something.  Too bad he didn't sell for bitcoin though.

All these responses and not one answer to the question. No, he didn't buy because his house wasn't sold. Check the author's other videos

i think those people who are taking interest in trading altcoins. i think such people will be welling to accept bitcoin for selling their house. but to me my personal view is that is is rally a big risk as you can even  lost your entire investment you have put on buying a house.

I remember the other topic and i was skeptical he really did it.
I did not watch his video though.

And yeah i did make 12k out of thin air.. unlike 99% of you all here !

I showed up..
I tried to mine Bitcoin.. got nothing.
Tried to mine LTC wasn't getting anything too quick.
Tried i think FTC on a pool mining i think and got my first pay out of "dust"
i then took that dust and any more i could scrape together using my super old cpu + gpu
and then used that to trade with on exchanges.
And since i did not have to pay for power the mining cost me nothing at all.

I took like 17 sat's of some fucking shit coin and turned into 12 fucking grand assholes.
With 0 invested ..and trying like hell to trade "good" coins more and more as time went on.
I busted my ass and made it and i have the TX records to back up my mouth.

Most of you out there made 0 effort to avoid bad coins and.. used existing money to invest..
and then STILL did not make a fraction of what i did.

Sorry shithead profiteer kidiots you are not in my league.
I have class, integrity and skill.

Wanna jiggle your little dick holsters ?
Check your privilege little shits !

I quit trading in early 2014 i think it was roughly.. but get this !
Ever since i keep getting more free Bitcoin and i keep giving it away.
I have it roll into my wallet all year round non stop.
And i literally do not lift a finger in any way shape or form at all ever.
Ask staff at Bittrex about Spoetnik's account LOL
I have $75 in BTC in there right now and i'm gonna have to give it away again.. HAHAHHAHAHA

How you may wonder ?
Simple way back i went to a faucet / gambling site and i got a few referrals way back.
It's one of them play free once an hour faucet type things.. but i have a bunch of Ref's on it from sharing my link around.
So it just keeps paying me out non stop forever ROFL
I stopped using the free play faucet part of it a couple yrs ago..

Sit the fuck down kids.
You are not in my league  
..you're inept little clowns that couldn't make hot in a fire  

it's a pretty old video if i remember correctly. he probably paid $3-4.

anyway anyone risking the roof over their head is stunningly stupid. if you have a spare house then fine. if not then you deserve everything you get.

He's just shitposting. No one makes money out of thin air, unless you are the president of the FED.

Anyway, the dude in question was never able to sell his house for LTC. If he did when said so, he would be rich now. Unfortunately he missed the boat. Now LTC is trying to find some sort of bottom. I got out and im waiting for a couple of days of flat graphic before I decide when to jump in again. We'll also need to see how UASF resolves in Bitcoin.

Care to share some wisdom for us newbies?

Where i live as usual Real-Estate is rocketing up in price for a loooong time.
So many CHINESE came and bought properties they had to put a foreign tax in.
Plus i notice our white country side is now damn near half Chinese.. they just came out of nowhere.
That's alright though most white's here are lazy druggies & shit and the Asians filled our Universities.

Housing market = bigger profits.

But it's regulated and you would have to be an adult.. sorry crypto brats that is not for you !  

..go back to trading Mom's lunch money she gave you for whale's chump change on Polo with shitcoin faggotry kidiots.

This is madness, i would never do such gamble no matter how good return should be, this is sick, and next thing should be to put his lovely woman and daughter as deposit? This world will burn, we takes many things for granted.
I hope i won't hear another such story.

I don't see anything wrong in taking a risk by any means so far you are convinced its the right decision to make at the moment. I am sure a lot of peole might have made the same decision for bitcoin or any other project but eventually it paid off and they are happy today.

this is interesting by the way, well I can relate to him... any update to that guy? well in my case, I put my 1month salary in LTC, right now there are some losses which I expected anyways, but Hopefully, due to its update, it can compete with BTC price sooner or else I will be homeless because I cannot pay my rent within this month haha.

I think it would be a great mistake to sell your property or anything to buy any cryptocurrency, even BTC for that matter. I trust in BTC and some altcoins which are undervalued right now, I may risk to put my savings into it but selling a property does not worth it. I have seen that video and will be eager to know the update.

None expected such a price pumping with litecoin and ethereum in a short. By the year starting ethereum was selling for $8. Now within few months time this has started to pump high and now has reach a price of around $120. Based on this if one has bought around 500eth tokens now he could have got more than what is required.

this is actually the key thing to know in altcoin trading and not that many people do it right.
people usually buy into the pump and then i see two things happening with that coin
- it is either a small altcoin with small pumpers which means it drops faster than they can say what the f... and lost their money in a blinking of an eye
- or it is a big altcoin, and whales unload slowly on them and since they want profit they keep holding the bags and watch price slowly go down and meanwhile keep their fingers crossed so maybe price goes back up and they can sell at their dream price with profit. surely they lose a lot of money too.

nah you are just trying to be modest
but actually i like the things you write here, well most of them anyways. keep it up.

I learned trading as i grew my portfolio value.. so losses were small and i bounced back quick.
So then imagine a guy with pretty much no trade experience and he just got here and blew through his savings buying shitcoins with FIAT --> Bitcoin.
Now imagine the scene gets ugly fast on him.. will he have the skills to know what to do ?
Nope.

I seen it happen in 2013.. dipshits roll in flush with cash and no brain cells.
Many if not most were parted with their money and left a loser.

It's easy to buy with money you brought to crypto..
It's harder to know when to sell because your scared shitless seeing those coins you just bought drop in price.

In other words by chance & luck i did it the right way

I also seen the writing on the wall and knew EXACTLY when to sell and get the fuck out ASAP.
And i was right too !
Crypto went into a deep recession after that for like 2 years.

It's funny because i am really not too smart at all and had no trade / investment experience before this stuff but when i come here i looked like Steven Hawking  

Get in the ring with Tyson 90% of you are gonna get knocked out.
Maybe just pay the whales your money now and save the hassle & drama guys ?

No i was not saying buy Mike Tyson coin
Or buy the Mike Tyson ATM or the wallet he has made for mobile..
Although if you don't he may just bite your fucking ear off !