Topic: Sell my stocks buy bitcoin... - page 12. (Read 14039 times)
What I am doing is I put some funds in stocks, while I also have funds in bitcoin. I have other investments (mostly medium-risk ones) other than those two because I believe in diversification. The saying that "do not put all your eggs in a single basket" is something that I try to live by. Makes me worry less about my investments being wiped out all at once, in case something terrible happens.
Just buy and hold bitcoin.
At the next stock market crash you might want to pick up some cheap stock. If you think the stock market will ever recover.
That, or we will build a bitcoin-wall street. With stocks priced in bitcoin, that pay dividend in bitcoin. Or some altcoin.
Not worth buying stocks now.
You might get a profit for a while, but the stock market is over-inflated with lots and lots of QE money. And eventually this whole house of cards will fall down.
At the next stock market crash you might want to pick up some cheap stock. If you think the stock market will ever recover.
That, or we will build a bitcoin-wall street. With stocks priced in bitcoin, that pay dividend in bitcoin. Or some altcoin.
Not worth buying stocks now.
You might get a profit for a while, but the stock market is over-inflated with lots and lots of QE money. And eventually this whole house of cards will fall down.
Wise move. Stocks soon will become worthless papers. I am not sure about bitcoin though. I would choose gold over bitcoin if I were you. Usa says they are going to raise interest rates, if that happens gold will die too. I don't know how they plan to raise rates while there is an election waiting them.
I am trade stocks myself and when i was introduced to bitcoin i was sure to buy some extra bitcoins. But obviously I did not go all in. Because going all in is too risky. Especially when you deal with a volatile currency like bitcoin. So yes balance your assets so you got both bitcoin and stocks.
Wait and profit.
You can sell your stock and buy Bitcoin with the money that you get but if it goes good with the stock that you have bought then why come over to Bitcoin.
But yeah, you can also do both which is better.
But yeah, you can also do both which is better.
Wise move. Stocks soon will become worthless papers. I am not sure about bitcoin though. I would choose gold over bitcoin if I were you. Usa says they are going to raise interest rates, if that happens gold will die too. I don't know how they plan to raise rates while there is an election waiting them.
Yes thats a good choice. Gold for me is the best if you want a long term investment. Gold is falling but slowly but surely rising its price unlike bitcoin. Bitcoin is very unstable and risky. Bitcoin is good and other altcoins are good for trading for me. Its not good to put all your money on it because its risky. If the sudden drops occurs, thats it. You lose. 
Wise move. Stocks soon will become worthless papers. I am not sure about bitcoin though. I would choose gold over bitcoin if I were you. Usa says they are going to raise interest rates, if that happens gold will die too. I don't know how they plan to raise rates while there is an election waiting them.
I think it is important to diversify, rather than go all in one.
verify how friends ..?, I see that it's true this is a pretty good step for this month IE buy bitcoin. However the purchase price provides not just a bitcoin, however the purchase of services that are fun and also convenient is the nature of the bitcoin.
The important point is that the different asset classes should have low correlation. As per data available now, Bitcoin's returns have almost zero correlation with the returns on other assets. Hence Bitcoin can be used for diversification.
very good point but i don't think this is working on bitcoin that much.
i say this because bitcoin takes effect on many things but also the main effect on price of bitcoin has nothing to do with other assets. so i can say in most times bitcoin is changing regardless of other assets.
I think it is important to diversify, rather than go all in one.
verify how friends ..?, I see that it's true this is a pretty good step for this month IE buy bitcoin. However the purchase price provides not just a bitcoin, however the purchase of services that are fun and also convenient is the nature of the bitcoin.
The important point is that the different asset classes should have low correlation. As per data available now, Bitcoin's returns have almost zero correlation with the returns on other assets. Hence Bitcoin can be used for diversification.
I think it is important to diversify, rather than go all in one.
verify how friends ..?, I see that it's true this is a pretty good step for this month IE buy bitcoin. However the purchase price provides not just a bitcoin, however the purchase of services that are fun and also convenient is the nature of the bitcoin.
I think it is important to diversify, rather than go all in one.
verify how friends ..?, I see that it's true this is a pretty good step for this month IE buy bitcoin. However the purchase price provides not just a bitcoin, however the purchase of services that are fun and also convenient is the nature of the bitcoin.
I think it is important to diversify, rather than go all in one.
If he bought coins some time in the last two weeks when they dropped, he could definitely sell to make some profit.
It depends on how much you are talking about since you will lose some to transfer fees etc...
(Unless you have a lot of connections and can sell the BTC $1 = $1)
If you are talking about 10,000 or 100,000 worth of stocks yeah you definitely made some profit.
It depends on how much you are talking about since you will lose some to transfer fees etc...
(Unless you have a lot of connections and can sell the BTC $1 = $1)
If you are talking about 10,000 or 100,000 worth of stocks yeah you definitely made some profit.
Looks like OP have a plan, or better to say had. Two weeks passed long time ago, I wonder did he sold his coins and re-buy stocks again? Risky move yes, but for sure this was a plan for some nice profit. Or it was transfer from safety reasons, in one moment stocks wasn`t safe investment, they could lose their value in days.
Well anyway, now btc is down, and everyone is waiting to see over 700 $ and probably now is not good time for selling coins, I would wait at least a month or maybe even more before any actions with bitcoins. Until the end of the year price will grow, but when exactly and how much is hard to predict.
Well anyway, now btc is down, and everyone is waiting to see over 700 $ and probably now is not good time for selling coins, I would wait at least a month or maybe even more before any actions with bitcoins. Until the end of the year price will grow, but when exactly and how much is hard to predict.
Stocks is more profitable than bitcoins. If you invest in companies whose shares are pretty low, you can buy almost 100 shares (may be at $10 per share) and selling them at even $0.5 profit could earn you $50 and I've done this and earned the profit in a week. Investing the same in BTC (almost 2 BTC) could barely make me earn $10-$20 in a week or may be I would go in a loss.
I agree that certain stocks are quite profitable, but the problem (at least here with me), is that the minimum fee for executing a buy or sell order for stocks is €9, plus they take around 0.1% of the total worth of the transaction. I have done some trading with stocks, but for me it wasn't very rewarding, so I stopped with stocks.
Stocks is more profitable than bitcoins. If you invest in companies whose shares are pretty low, you can buy almost 100 shares (may be at $10 per share) and selling them at even $0.5 profit could earn you $50 and I've done this and earned the profit in a week. Investing the same in BTC (almost 2 BTC) could barely make me earn $10-$20 in a week or may be I would go in a loss.
im an amateur at the traditional stock market so take my musings with a grain of salt. On one hand you have increasingly eyebrow raising divergence between stock price and stock fundamentals as well as numerous bearish calls by legendary investors. On the other hand you have record cash in the sidelines and continued QE by central banks. Two old sayings come to mind:
Quid bono?
Don't fight the fed
Quid bono?
Don't fight the fed
Haha, i laughed at the end of your post, it funny but somewhat true. Since I have a small portfolio most is consumed by btc. If id have a bigger portfolio, id probably split it 30%btc, 30%gold, 20% stocks and keep te rest safe
even though i dont have any stocks at the moment though i would definitely do the same either, bitcoins are the best
im an amateur at the traditional stock market so take my musings with a grain of salt. On one hand you have increasingly eyebrow raising divergence between stock price and stock fundamentals as well as numerous bearish calls by legendary investors. On the other hand you have record cash in the sidelines and continued QE by central banks. Two old sayings come to mind:
Quid bono?
Don't fight the fed
Quid bono?
Don't fight the fed
I find it wrong to sell your stock portfolio to go all in for bitcoin.
Bitcoin is a currency with lots of potential, but so are most stocks. Having both would be the best possible option.
Bitcoin is a currency with lots of potential, but so are most stocks. Having both would be the best possible option.
It depends on which rises faster. If the bitcoin price rises faster, it is better to hold more bitcoin instead of stocks.
Selling all your stock to buy Bitcoin don't seems as the right decision mate. However i believe this is the good time to buy bitcoins because the price will increase in the future.
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