Don't think of it as selling | Bitcointalksearch.org

funtotry

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Quote from: botany on December 27, 2014, 06:35:05 AM

Quote from: bigtimespaghetti on December 26, 2014, 12:49:28 PM

Quote from: Q7 on December 26, 2014, 09:46:42 AM

Another reminder I always told myself or anyone that I talk to in order to promote bitcoin is that, investing in crypto is a long-term investment. The fundamentals are there, the concept and technology are there, what it needs is time for it to stabilize and adoption to pick up.

I would still call bitcoin a very speculative 'investment'. I always couch this whenever I talk to someone new to it.

Take the money you had allocated for spending in Vegas/lottery tickets and use that to invest in bitcoins.
Be prepared to lose it all. Grin

Gambling in a casino has an entertainment value and a certain experience that people are willing to pay for. You get a certain level of fun and excitement. Additionally when you gamble, if the game is fair and you gamble "correctly" you should only lose so much on average each hand so if your bankroll is large enough the chances of you loosing everything is actually small.

Foxpup

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Quote from: ?? on ??

You can't possibly think objectively about Bitcoin while you have a few in your pocket. Put down the kool-aid and step away from the keyboard

You can't possibly post seriously in the speculation forum while you don't have a speculative financial position. Put your money where your mouth is and step away from the keyboard.

Nagle

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Think of it as asset reallocation.

scarsbergholden

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Quote from: bigtimespaghetti on December 26, 2014, 12:49:28 PM

Quote from: Q7 on December 26, 2014, 09:46:42 AM

Another reminder I always told myself or anyone that I talk to in order to promote bitcoin is that, investing in crypto is a long-term investment. The fundamentals are there, the concept and technology are there, what it needs is time for it to stabilize and adoption to pick up.

I would still call bitcoin a very speculative 'investment'. I always couch this whenever I talk to someone new to it.

+1 on this. It is far from certain that bitcoin (or any crypto currency) will survive over the long term. IMO if bitcoin does end up surviving another 5ish years then it's value will probably be much higher then it is now

botany

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Quote from: bigtimespaghetti on December 26, 2014, 12:49:28 PM

Quote from: Q7 on December 26, 2014, 09:46:42 AM

Another reminder I always told myself or anyone that I talk to in order to promote bitcoin is that, investing in crypto is a long-term investment. The fundamentals are there, the concept and technology are there, what it needs is time for it to stabilize and adoption to pick up.

I would still call bitcoin a very speculative 'investment'. I always couch this whenever I talk to someone new to it.

Take the money you had allocated for spending in Vegas/lottery tickets and use that to invest in bitcoins.
Be prepared to lose it all. Grin

ikydesu

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Quote from: Topazan on December 18, 2014, 04:52:17 PM

Think of it as investing in another currency.

Just remember, never invest more than you can afford to lose, and quit while you're ahead.

This is advice Huh

Quote from: michaeladair on December 19, 2014, 10:34:53 AM

Fiat == Dumb
I have never heard anyone
ever say, "Fiat, to the moon!".

LOL

and will called FiatCoin Grin

Quote from: ndnh on December 19, 2014, 01:05:55 AM

Quote from: Topazan on December 18, 2014, 04:52:17 PM

Think of it as investing in another currency.

Just remember, never invest more than you can afford to lose, and quit while you're ahead.

Investing in dollar? wow, very good idea. (sarcasm)
And it has a high potential for growth.

Trust me. $1 will never be equal to even $1.1 Grin

But
1BTC has a great chance to be at around $600.

That's RIGHT! that's bitcoin! worth than fiat Grin

bigtimespaghetti

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bigtimespaghetti.com

Quote from: Q7 on December 26, 2014, 09:46:42 AM

Another reminder I always told myself or anyone that I talk to in order to promote bitcoin is that, investing in crypto is a long-term investment. The fundamentals are there, the concept and technology are there, what it needs is time for it to stabilize and adoption to pick up.

I would still call bitcoin a very speculative 'investment'. I always couch this whenever I talk to someone new to it.

Q7

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Another reminder I always told myself or anyone that I talk to in order to promote bitcoin is that, investing in crypto is a long-term investment. The fundamentals are there, the concept and technology are there, what it needs is time for it to stabilize and adoption to pick up.

scarsbergholden

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Quote from: Topazan on December 19, 2014, 03:43:53 PM

My motivation for creating this, if I had one, was to convince myself to let go of the HODL mindset.

Quote

Investing in dollar? wow, very good idea. (sarcasm)
And it has a high potential for growth.

Trust me. $1 will never be equal to even $1.1 Grin
But
1BTC has a great chance to be at around $600.

The key is to store your wealth where it will gain/retain the most purchasing power. Over the past year or so, the USD has beaten bitcoin at holding purchasing power. In previous years, it's been bitcoin by a long shot. In the future, who knows?

in previous years the dollar has held steady while bitcoin has increased in value as people have realized what it is capable of achieving. The question of where the price will go in the future is unknown

botany

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The Hold mindset is not necessarily bad.
You need all kinds of people - savers, profligate people, holders, speculators, etc. to have a thriving bitcoin economy.

sed

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Quote from: bornil267645 on December 22, 2014, 11:05:00 PM

That's another way of putting it. Why not invest some Bitcoin for real cause for once.

Huh? Was that in reply to what I said about microsoft? I don't understand what you're talking about.

bornil267645

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AltoCenter.com

That's another way of putting it. Why not invest some Bitcoin for real cause for once.

sed

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Quote from: Topazan on December 19, 2014, 04:01:34 PM

I've been kind of out of the loop, and I could use some good news. Would you mind sharing? Main thing that comes to mind for me is the release of OpenBazaar.

Another good news, imho, was that Microsoft is now accepting bitcoin payments. I don't use microsoft myself, but I know that many people do. The more places high profile places where bitcoin is accepted, the better.

knight22

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--------------->¿?

Quote from: bromide on December 19, 2014, 12:36:07 PM

Quote from: knight22 on December 19, 2014, 11:49:48 AM

Quote from: bromide on December 19, 2014, 10:37:40 AM

Quote from: michaeladair on December 19, 2014, 10:34:53 AM

Fiat == Dumb
I have never heard anyone
ever say, "Fiat, to the moon!".

That's coz fiat holders aren't degenerate gamblers trying to get rich off internet magic beans.

More because they are degenerate sheeples using non-scarce unit of accounts.

Calling other sheep "sheeples" and going against the herd doesn't make you any less of a sheep. Just a retarded sheep with far shorter life expectancy.
Enjoy wallowing in your daddy issues, you financial rebel you.

That's right, I'm the sheep that goes against the herd going down the cliff. Wink

Topazan

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I've been kind of out of the loop, and I could use some good news. Would you mind sharing? Main thing that comes to mind for me is the release of OpenBazaar.

inca

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Quote from: Topazan on December 19, 2014, 03:43:53 PM

My motivation for creating this, if I had one, was to convince myself to let go of the HODL mindset.

Quote

Investing in dollar? wow, very good idea. (sarcasm)
And it has a high potential for growth.

Trust me. $1 will never be equal to even $1.1 Grin
But
1BTC has a great chance to be at around $600.

The key is to store your wealth where it will gain/retain the most purchasing power. Over the past year or so, the USD has beaten bitcoin at holding purchasing power. In previous years, it's been bitcoin by a long shot. In the future, who knows?

Who knows. But perhaps selling after a 12 month bear market in a sea of good news is a bit silly.

Topazan

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Activity: 354

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My motivation for creating this, if I had one, was to convince myself to let go of the HODL mindset.

Quote

Investing in dollar? wow, very good idea. (sarcasm)
And it has a high potential for growth.

Trust me. $1 will never be equal to even $1.1 Grin
But
1BTC has a great chance to be at around $600.

The key is to store your wealth where it will gain/retain the most purchasing power. Over the past year or so, the USD has beaten bitcoin at holding purchasing power. In previous years, it's been bitcoin by a long shot. In the future, who knows?

Richard Branson

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Screw It, Let's Do It

Quote from: michaeladair on December 19, 2014, 10:34:53 AM

Fiat == Dumb
I have never heard anyone
ever say, "Fiat, to the moon!".

Just watch the world...
We need to buy fucking useless euros to stabilize the swiss franc, otherwise it is going to the moooooon!

Fiat is only dumb, if you have none and complain about it Grin

fewcoins

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Perma bears can't crack 300 this time!
ohhhh nooooooo, get ready for that bounce to 450+ Kiss

bromide

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Quote from: knight22 on December 19, 2014, 11:49:48 AM

Quote from: bromide on December 19, 2014, 10:37:40 AM

Quote from: michaeladair on December 19, 2014, 10:34:53 AM

Fiat == Dumb
I have never heard anyone
ever say, "Fiat, to the moon!".

That's coz fiat holders aren't degenerate gamblers trying to get rich off internet magic beans.

More because they are degenerate sheeples using non-scarce unit of accounts.

Calling other sheep "sheeples" and going against the herd doesn't make you any less of a sheep. Just a retarded sheep with far shorter life expectancy.
Enjoy wallowing in your daddy issues, you financial rebel you.

Topic: Don't think of it as selling (Read 2814 times)