This forum is full of future millionaires - page 7.

bananaControl

sr. member

Activity: 322

Merit: 250

Decentralize All The Things!

Quote from: Ibian on June 03, 2014, 05:48:50 PM

Quote from: bananaControl on June 03, 2014, 04:59:11 PM

Quote from: kireinaha on June 03, 2014, 04:53:05 PM

Quote from: bananaControl on June 03, 2014, 04:38:53 PM

Quote from: MICRO on June 03, 2014, 04:32:08 PM

Quote from: Ibian on June 03, 2014, 03:05:43 PM

Quote from: HurricanOday on June 03, 2014, 02:17:53 PM

How many of you guys have 10+ coins? I just started in april and have 8 coins, you guys are saying I should buy more? I feel pretty good about my average buy in and have already made more than 1k. I also still feel that if bitcoin goes big 8 is enough to make money and if bitcoin tanks then losing the 8 will hurt but I will live kinda thing.

How many do most people recommend? (besides the buy buy buy all you can)

Buy buy buy all you can.

No, seriously. It's pretty much certain that the value will keep going up for a while longer. Possibly way up. The only real problem is keeping your private keys safe, which for most of us is doable. The economic side is a no brainer.

That "pretty certan" can go teribly wrong. So i would suggest only invest what u can afford to lose. Bitcoin market is kinda like gambling.

Btw i have only .1 btc , most i had vas 1.2btc. But i never bought any and never mined.

This guy is right! it is absolutely dangerous to develop a mindset like that. NOTHING is certain! NEVER invest more than you are comfortable with losing. NEVER. EVER!!!

Go in with only what you're "willing to lose" on the most promising investment of our lifetime and walk away with $200 profit when it happens. Yawn.

Or invest a reasonably large amount and retire when it happens (which it probably will). Worst case, you're set back a couple months on your savings. I think I'll take door #2, please.

Or go and live the rest of your life in the gutter when the magic internet money fails and you can't pay back the loan you took to buy it. If you are willing to take that risk, then by all means, do it.

Did. Done. took a loan to reach my minimum coin count. Buying all the way up to 1500. Let's revisit this thread in a year.

I salute your bravery and truly hope you will earn a shitload of wealth!

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

Quote from: HurricanOday on June 03, 2014, 05:42:48 PM

I wasn't trying to start a forum war, was just trying to get more opinions. I don't really like the statement "invest only what you are willing to lose" Does anyone want to lose money here? I would also like to clarify again that I have 8 coins with an average buy in around 500 (cause of the last couple of coins) so I have already made over 1k. I think people will always say damn I should have went all in when/if bitcoin skyrockets.

I only learned of bitcoin because a friend told me his sad story about how he was going to invest in 1k when it was really low then it sky rocketed, he could have made a lot of money. I planned on spending 5k but that was back when it was hovering at 420 for a long time and even went down to 350, so I thought maybe bitcoin was going to tank. So I have slowly bought more coins

I could put more money in and I know it would be a risk but is the risk vs investment worth it esp when I already have 8 coins. When then would I at least get my original investment back?

You've kicked off an interesting exchange rather than a war. What are your own wants from this? Do you want to just make a decent gain over the course of months to a year or see where it goes in the long haul?

Ibian

legendary

Activity: 2268

Merit: 1278

Quote from: bananaControl on June 03, 2014, 04:59:11 PM

Quote from: kireinaha on June 03, 2014, 04:53:05 PM

Quote from: bananaControl on June 03, 2014, 04:38:53 PM

Quote from: MICRO on June 03, 2014, 04:32:08 PM

Quote from: Ibian on June 03, 2014, 03:05:43 PM

Quote from: HurricanOday on June 03, 2014, 02:17:53 PM

How many of you guys have 10+ coins? I just started in april and have 8 coins, you guys are saying I should buy more? I feel pretty good about my average buy in and have already made more than 1k. I also still feel that if bitcoin goes big 8 is enough to make money and if bitcoin tanks then losing the 8 will hurt but I will live kinda thing.

How many do most people recommend? (besides the buy buy buy all you can)

Buy buy buy all you can.

No, seriously. It's pretty much certain that the value will keep going up for a while longer. Possibly way up. The only real problem is keeping your private keys safe, which for most of us is doable. The economic side is a no brainer.

That "pretty certan" can go teribly wrong. So i would suggest only invest what u can afford to lose. Bitcoin market is kinda like gambling.

Btw i have only .1 btc , most i had vas 1.2btc. But i never bought any and never mined.

This guy is right! it is absolutely dangerous to develop a mindset like that. NOTHING is certain! NEVER invest more than you are comfortable with losing. NEVER. EVER!!!

Go in with only what you're "willing to lose" on the most promising investment of our lifetime and walk away with $200 profit when it happens. Yawn.

Or invest a reasonably large amount and retire when it happens (which it probably will). Worst case, you're set back a couple months on your savings. I think I'll take door #2, please.

Or go and live the rest of your life in the gutter when the magic internet money fails and you can't pay back the loan you took to buy it. If you are willing to take that risk, then by all means, do it.

Did. Done. took a loan to reach my minimum coin count. Buying all the way up to 1500. Let's revisit this thread in a year. (whoever necro bumps it by then, please pm me)

HurricanOday

member

Activity: 62

Merit: 10

Mining. Hosting. Cloud Mining.

I wasn't trying to start a forum war, was just trying to get more opinions. I don't really like the statement "invest only what you are willing to lose" Does anyone want to lose money here? I would also like to clarify again that I have 8 coins with an average buy in around 500 (cause of the last couple of coins) so I have already made over 1k. I think people will always say damn I should have went all in when/if bitcoin skyrockets.

I only learned of bitcoin because a friend told me his sad story about how he was going to invest in 1k when it was really low then it sky rocketed, he could have made a lot of money. I planned on spending 5k but that was back when it was hovering at 420 for a long time and even went down to 350, so I thought maybe bitcoin was going to tank. So I have slowly bought more coins

I could put more money in and I know it would be a risk but is the risk vs investment worth it esp when I already have 8 coins. When then would I at least get my original investment back?

bananaControl

sr. member

Activity: 322

Merit: 250

Decentralize All The Things!

I would just hate to see a forum full of Veronica26 clones instead of millionaires...

I personally let the rocket fly without me back in late 2010, if I hadn't, I would have been filthy rich by now. I've had many sleepless nights since. Back then you would be called a delusional idiot on this forum if you really thought that it would ever go to 100USD Undecided

I have now put more money into bitcoins than I like to admit, but at least I will not end up on the street if it really tanks.

manitou

jr. member

Activity: 38

Merit: 2

Quote from: Parazyd on June 02, 2014, 06:47:45 AM

^^ I'm waiting for a time machine. Grin

I only wait for a Delorean. I don't need the flux condenser. Wink

pinksheep

full member

Activity: 196

Merit: 100

Quote from: Hyena on June 03, 2014, 05:14:12 PM

Here's my advice:
GO ALL IN

Don't pussy foot it around, you are already late. Making 200$ profit is lame, 2k is lame too. Here's your lifetime opportunity to make a shit load of wealth, don't just test it to see if it really works, you will not get another chance.

But I must admit, I waited 2 months before I bought my first bitcoins at the price of 4.5$ each. were 4.

I agree, it definitely is a once in a lifetime opportunity & I didn't pussy foot around when I first heard about BTC, I bought the very next day.

220Fast

newbie

Activity: 15

Merit: 0

EVplus . Iam all in and I spend 30percent of my income on food and 70 percent on Btc .that's how u do it guys . Btc is best oportunity of century .best money ever invented and u think it will somehow fail .wake up !

Raystonn

sr. member

Activity: 364

Merit: 250

Many wealthy folks went through a few bankrupt businesses before starting the one that ultimately succeeded. One example is Donald Trump. You only fail when you stop trying.

bananaControl

sr. member

Activity: 322

Merit: 250

Decentralize All The Things!

Quote from: Hyena on June 03, 2014, 05:14:12 PM

Here's my advice:
GO ALL IN

Don't pussy foot it around, you are already late. Making 200$ profit is lame, 2k is lame too. Here's your lifetime opportunity to make a shit load of wealth, don't just test it to see if it really works, you will not get another chance. Paper money has always been worthless, start with that basic knowledge.

BE THE OPPORTUNISTIC DOG:

Take a student loan if you must. Anything that is not too hard-core to get you in jail. If it all fails you should not have your life or freedom at risk but everything else if needed.

"keeping an eye on the price" is a shit excuse for not buying. But I must admit, I waited 2 months before I bought my first bitcoins at the price of 4.5$ each. And I regretted for not buying when they were 4. Now my friends consider me the most successful high risk investor in my puny little frog pool country.

But then again, one should only give advice when asked. no one asked me and if they did I'd say "you're on your own" Tongue

Your ideas are intriguing to me and I wish to subscribe to your newsletter Grin

bananaControl

sr. member

Activity: 322

Merit: 250

Decentralize All The Things!

Quote from: kireinaha on June 03, 2014, 05:07:21 PM

heh, I definitely don't encourage taking loans or cashing out the 401k, but the oft quoted line "don't invest more than you're willing to lose!" makes it sound like this is a spin on the roulette wheel, when in fact we're going into a bull market now and chances are very good that a bubble of epic proportions will take off in the next few weeks. It's not guaranteed of course, but I'm willing to bet more than 2% of my savings (or whatever "experts" are suggesting) on the likelihood of it happening.

Sure, I'm in the same boat. But it still is a gamble in the end though, if it wasn't, there wouldn't be a possibility for profit either

Hyena

legendary

Activity: 2114

Merit: 1015

Here's my advice:
GO ALL IN

Don't pussy foot it around, you are already late. Making 200$ profit is lame, 2k is lame too. Here's your lifetime opportunity to make a shit load of wealth, don't just test it to see if it really works, you will not get another chance. Paper money has always been worthless, start with that basic knowledge.

BE THE OPPORTUNISTIC DOG:

Take a student loan if you must. Anything that is not too hard-core to get you in jail. If it all fails you should not have your life or freedom at risk but everything else if needed.

"keeping an eye on the price" is a shit excuse for not buying. But I must admit, I waited 2 months before I bought my first bitcoins at the price of 4.5$ each. And I regretted for not buying when they were 4. Now my friends consider me the most successful high risk investor in my puny little frog pool country.

But then again, one should only give advice when asked. no one asked me and if they did I'd say "you're on your own" Tongue

kireinaha

sr. member

Activity: 350

Merit: 253

Quote from: bananaControl on June 03, 2014, 04:59:11 PM

Quote from: kireinaha on June 03, 2014, 04:53:05 PM

Quote from: bananaControl on June 03, 2014, 04:38:53 PM

Quote from: MICRO on June 03, 2014, 04:32:08 PM

Quote from: Ibian on June 03, 2014, 03:05:43 PM

Quote from: HurricanOday on June 03, 2014, 02:17:53 PM

How many of you guys have 10+ coins? I just started in april and have 8 coins, you guys are saying I should buy more? I feel pretty good about my average buy in and have already made more than 1k. I also still feel that if bitcoin goes big 8 is enough to make money and if bitcoin tanks then losing the 8 will hurt but I will live kinda thing.

How many do most people recommend? (besides the buy buy buy all you can)

Buy buy buy all you can.

No, seriously. It's pretty much certain that the value will keep going up for a while longer. Possibly way up. The only real problem is keeping your private keys safe, which for most of us is doable. The economic side is a no brainer.

That "pretty certan" can go teribly wrong. So i would suggest only invest what u can afford to lose. Bitcoin market is kinda like gambling.

Btw i have only .1 btc , most i had vas 1.2btc. But i never bought any and never mined.

This guy is right! it is absolutely dangerous to develop a mindset like that. NOTHING is certain! NEVER invest more than you are comfortable with losing. NEVER. EVER!!!

Go in with only what you're "willing to lose" on the most promising investment of our lifetime and walk away with $200 profit when it happens. Yawn.

Or invest a reasonably large amount and retire when it happens (which it probably will). Worst case, you're set back a couple months on your savings. I think I'll take door #2, please.

Or go and live the rest of your life in the gutter when the magic internet money fails and you can't pay back the loan you took to buy it. If you are willing to take that risk, then by all means, do it.

heh, I definitely don't encourage taking loans or cashing out the 401k, but the oft quoted line "don't invest more than you're willing to lose!" makes it sound like this is a spin on the roulette wheel, when in fact we're going into a bull market now and chances are very good that a bubble of epic proportions will take off in the next few weeks. It's not guaranteed of course, but I'm willing to bet more than 2% of my savings (or whatever "experts" are suggesting) on the likelihood of it happening.

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

There's a difference been being totally unable to afford the loss and it being a hit to your financial future and life going on. I'll take a bit of discomfort for potential returns.

Those going down the loan route are bonkers.

bananaControl

sr. member

Activity: 322

Merit: 250

Decentralize All The Things!

Quote from: kireinaha on June 03, 2014, 04:53:05 PM

Quote from: bananaControl on June 03, 2014, 04:38:53 PM

Quote from: MICRO on June 03, 2014, 04:32:08 PM

Quote from: Ibian on June 03, 2014, 03:05:43 PM

Quote from: HurricanOday on June 03, 2014, 02:17:53 PM

How many of you guys have 10+ coins? I just started in april and have 8 coins, you guys are saying I should buy more? I feel pretty good about my average buy in and have already made more than 1k. I also still feel that if bitcoin goes big 8 is enough to make money and if bitcoin tanks then losing the 8 will hurt but I will live kinda thing.

How many do most people recommend? (besides the buy buy buy all you can)

Buy buy buy all you can.

No, seriously. It's pretty much certain that the value will keep going up for a while longer. Possibly way up. The only real problem is keeping your private keys safe, which for most of us is doable. The economic side is a no brainer.

That "pretty certan" can go teribly wrong. So i would suggest only invest what u can afford to lose. Bitcoin market is kinda like gambling.

Btw i have only .1 btc , most i had vas 1.2btc. But i never bought any and never mined.

This guy is right! it is absolutely dangerous to develop a mindset like that. NOTHING is certain! NEVER invest more than you are comfortable with losing. NEVER. EVER!!!

Go in with only what you're "willing to lose" on the most promising investment of our lifetime and walk away with $200 profit when it happens. Yawn.

Or invest a reasonably large amount and retire when it happens (which it probably will). Worst case, you're set back a couple months on your savings. I think I'll take door #2, please.

Or go and live the rest of your life in the gutter when the magic internet money fails and you can't pay back the loan you took to buy it. If you are willing to take that risk, then by all means, do it.

kireinaha

sr. member

Activity: 350

Merit: 253

Quote from: bananaControl on June 03, 2014, 04:38:53 PM

Quote from: MICRO on June 03, 2014, 04:32:08 PM

Quote from: Ibian on June 03, 2014, 03:05:43 PM

Quote from: HurricanOday on June 03, 2014, 02:17:53 PM

How many of you guys have 10+ coins? I just started in april and have 8 coins, you guys are saying I should buy more? I feel pretty good about my average buy in and have already made more than 1k. I also still feel that if bitcoin goes big 8 is enough to make money and if bitcoin tanks then losing the 8 will hurt but I will live kinda thing.

How many do most people recommend? (besides the buy buy buy all you can)

Buy buy buy all you can.

No, seriously. It's pretty much certain that the value will keep going up for a while longer. Possibly way up. The only real problem is keeping your private keys safe, which for most of us is doable. The economic side is a no brainer.

That "pretty certan" can go teribly wrong. So i would suggest only invest what u can afford to lose. Bitcoin market is kinda like gambling.

Btw i have only .1 btc , most i had vas 1.2btc. But i never bought any and never mined.

This guy is right! it is absolutely dangerous to develop a mindset like that. NOTHING is certain! NEVER invest more than you are comfortable with losing. NEVER. EVER!!!

Go in with only what you're "willing to lose" on the most promising investment of our lifetime and walk away with $200 profit when it happens. Yawn.

Or invest a reasonably large amount and retire when it happens (which it probably will). Worst case, you're set back a couple months on your savings. I think I'll take door #2, please.

Skele

full member

Activity: 224

Merit: 100

VocalPlatform.com

Quote from: bryant.coleman on May 31, 2014, 12:27:28 PM

Quote from: Bit_Happy on May 31, 2014, 12:21:17 PM

There is limited room at the top. A world full of millionaires simply means your money isn't worth much.

Right now there are some 12,000,000 millionaires in the world. If everyone with more than BTC10 becomes a millionaire, that number is going to increase by less than 1%. Not a major change by any means.

Yes the current people that owns more than 10 btcs are quite low.. and once the bitcoin surpasses 2,000 usd there will be a little people with more than 1 and so on.

bananaControl

sr. member

Activity: 322

Merit: 250

Decentralize All The Things!

Quote from: MICRO on June 03, 2014, 04:32:08 PM

Quote from: Ibian on June 03, 2014, 03:05:43 PM

Quote from: HurricanOday on June 03, 2014, 02:17:53 PM

How many of you guys have 10+ coins? I just started in april and have 8 coins, you guys are saying I should buy more? I feel pretty good about my average buy in and have already made more than 1k. I also still feel that if bitcoin goes big 8 is enough to make money and if bitcoin tanks then losing the 8 will hurt but I will live kinda thing.

How many do most people recommend? (besides the buy buy buy all you can)

Buy buy buy all you can.

No, seriously. It's pretty much certain that the value will keep going up for a while longer. Possibly way up. The only real problem is keeping your private keys safe, which for most of us is doable. The economic side is a no brainer.

That "pretty certan" can go teribly wrong. So i would suggest only invest what u can afford to lose. Bitcoin market is kinda like gambling.

Btw i have only .1 btc , most i had vas 1.2btc. But i never bought any and never mined.

This guy is right! it is absolutely dangerous to develop a mindset like that. NOTHING is certain! NEVER invest more than you are comfortable with losing. NEVER. EVER!!!

MICRO

legendary

Activity: 2464

Merit: 1037

CEO @ Stake.com and Primedice.com

Quote from: Ibian on June 03, 2014, 03:05:43 PM

Quote from: HurricanOday on June 03, 2014, 02:17:53 PM

How many of you guys have 10+ coins? I just started in april and have 8 coins, you guys are saying I should buy more? I feel pretty good about my average buy in and have already made more than 1k. I also still feel that if bitcoin goes big 8 is enough to make money and if bitcoin tanks then losing the 8 will hurt but I will live kinda thing.

How many do most people recommend? (besides the buy buy buy all you can)

Buy buy buy all you can.

No, seriously. It's pretty much certain that the value will keep going up for a while longer. Possibly way up. The only real problem is keeping your private keys safe, which for most of us is doable. The economic side is a no brainer.

That "pretty certan" cam go teribly wrong. So i would suggest only invest what u can afford to lose. Bitcoin market is kinda like gambling.

Btw i have only .1 btc , most i had vas 1.2btc. But i never bought any and never mined.

Internal Revenue Service

newbie

Activity: 4

Merit: 0

Not for long.

Topic: This forum is full of future millionaires - page 7. (Read 14596 times)