Topic: Is it a good idea to buy Bitcoin now at $29? (Read 10716 times)
Up 300% since this post...hmm, I think he should have bought.
Right now I would consider selling the stash at $42. I think there is above-average chance that you can buy it back at $29.
(Don't be greedy and believe the ones that say it's $20 - they themselves will buy at $25 and leave you nothing..)
(Don't be greedy and believe the ones that say it's $20 - they themselves will buy at $25 and leave you nothing..)
How much are you selling at $42?
I never got the chance. Price shot up soon afterwards and is now even though I enter $42 to the "ask" field, they keep on giving me 55 or 60 for it.
Bitcoin is broken, qed.
I have this problem too. My coins keep on gaining in price and I become filthy rich against my wishes.
Right now I would consider selling the stash at $42. I think there is above-average chance that you can buy it back at $29.
(Don't be greedy and believe the ones that say it's $20 - they themselves will buy at $25 and leave you nothing..)
(Don't be greedy and believe the ones that say it's $20 - they themselves will buy at $25 and leave you nothing..)
How much are you selling at $42?
I never got the chance. Price shot up soon afterwards and is now even though I enter $42 to the "ask" field, they keep on giving me 55 or 60 for it.
Bitcoin is broken, qed.
Any opinions?
To buy or not to buy?? That is the question!..
pat yourself on the back much and tell everyone to shut up? lame.
this one's better:
Always buy!
Right now I would consider selling the stash at $42. I think there is above-average chance that you can buy it back at $29.
(Don't be greedy and believe the ones that say it's $20 - they themselves will buy at $25 and leave you nothing..)
(Don't be greedy and believe the ones that say it's $20 - they themselves will buy at $25 and leave you nothing..)
How much are you selling at $42?
Anyone selling for $29? 
bump
(Don't be greedy and believe the ones that say it's $20 - they themselves will buy at $25 and leave you nothing..)
Hey now, don't be giving away my secrets!
Right now I would consider selling the stash at $42. I think there is above-average chance that you can buy it back at $29.
(Don't be greedy and believe the ones that say it's $20 - they themselves will buy at $25 and leave you nothing..)
(Don't be greedy and believe the ones that say it's $20 - they themselves will buy at $25 and leave you nothing..)
I will here and now buy 1000 bitcoins at $29 - anyone willing to sell to me?
$29 - think of all the amazing things you could buy with those $29000 dollars - a fiat car?
What bitcoin user doesn't love fiat?
$29 - think of all the amazing things you could buy with those $29000 dollars - a fiat car?
What bitcoin user doesn't love fiat?
I will here and now buy 1000 bitcoins at $29 - anyone willing to sell to me?
$29 - think of all the amazing things you could buy with those $29000 dollars - a fiat car?
What bitcoin user doesn't love fiat?
$29 - think of all the amazing things you could buy with those $29000 dollars - a fiat car?
What bitcoin user doesn't love fiat?
naaahhh
To OP: yes, it was a good idea.
There are still plenty of good dividend plays from solid companies. 
Or are you talking about taxes on DRIPs? (because you dont pay taxes on that until the stock is sold).
But yes, investing in stocks requires faith (though much less than BTC IMO).
Or are you talking about taxes on DRIPs? (because you dont pay taxes on that until the stock is sold). But yes, investing in stocks requires faith (though much less than BTC IMO).
There are some but there are a lot that don't, particularly tech companies.
There are still plenty of good dividend plays from solid companies. Or are you talking about taxes on DRIPs? (because you dont pay taxes on that until the stock is sold).
But yes, investing in stocks requires faith (though much less than BTC IMO).
Or are you talking about taxes on DRIPs? (because you dont pay taxes on that until the stock is sold). But yes, investing in stocks requires faith (though much less than BTC IMO).
I only put play money in btc, basically I look at it as gambling. I only have a few hundred bucks in the system total, so "serious profit" is a relative term. I would never risk my retirement or savings to the BTC market.
My main (real) investments are in stocks, which is still fairly risky, but less so than BTC Imo.
My main (real) investments are in stocks, which is still fairly risky, but less so than BTC Imo.
Stocks. Now there's something that requires faith. Since the government made it so that it's not good tax-wise to pay out dividends and to reinvest the money instead, sensible indicators have disappeared and all you can hope for when you buy most stocks is that there is a bigger sucker than you when it comes time to sell it.
so was it a good idea?
So the bulls would be laughing that Iv'e only made a doubling since $7, but I've had almost zero risk and any black swans or extreme rallies are only good news to me!
This is something not many people understand. It's pointless to try to "beat the market" unless you are willing to gamble without any risk management. Jump to: