I sold all my bitcoins before the massive price jump. - page 4.

eric7

newbie

Activity: 28

Merit: 0

Quote from: BurntSnow on April 06, 2013, 04:16:02 PM

The price is pretty high right now. How am I supposed to know it's not just a bubble?

How were you supposed to know to hold on to your Bitcoins last time? Become more educated this time around, but I think there's always a high amount of pure luck (being in the right place at the right time) when it comes to speculation. Good luck!

glitch003

full member

Activity: 219

Merit: 101

Quote from: BurntSnow on April 06, 2013, 04:16:02 PM

The price is pretty high right now. How am I supposed to know it's not just a bubble?

It's a risk you take. If someone offered you 1000% return on a coin flip, but if you lose the flip you lose your investment, would you take it? You control how much you want to risk, it could be as little as buying $20 of BTC or $1000, it's up to you. But you might as well get in on the game, even if it's just a little bit.

If you lose the investment, well at least you had fun and learned something