Bitcoin $781.41

redsfann

redsfann

ale connoisseur
Forum Member
Aug 3, 1999
9,002
214
63
60
Somewhere in Corn Country
yyz said:
Yes, but just like stocks, there are benchmarks, no? People were waiting for 10k to break, so it doesn't seem you would need a crystal ball to assume people would be grabbing some profit at that point.

IMO, you can wait and see how low it will go, and try to grab some more, but why take too much of a chance on such a volatile item? If you really think 100k is out there, wouldn't a drop from 10+ to 9ish be enough for you to hop back in?

Wait for 15k now, sell off 20%, buy it back at 13.5!

I think you could play that game for a long time.
Click to expand...

Indeed I?d think most people would have ?benchmarks? or price targets for buying or selling? I know I do.
And yes, I believe BTC will be much higher than it is today sometime in the future and I?ll at some time buy more.
I?m in a bit of a holding pattern right now with BTC due to the uncertainty as to what CME and futures trading is going to do to the price? both long and short term.
I?m also a bit more interested in LTC and ETH than BTC right now as well as a few smaller coins? but with one eye on BTC so if there is a major correction in price I can act.
And yes, as long as the market is moving forward you could theoretically sell every time it goes up 20% then buy back in when it drops 20%.
What happens when it spends time going lower rather than rising?


Sent from my iPhone using Tapatalk
 
D

Dead Money

Registered User
Forum Member
Sep 15, 2005
4,350
64
0
Upstairs watching sports on the big TV.
Congrats to the bitcoin believers...

Congrats to the bitcoin believers...

No one knows the future, but if I was sitting on obscene profits, think I would take a little off the table.

Financial turmoil like this can't be healthy for ANY market, bitcoin, gold, stocks, cotton contracts or widget futures.

You could wake up instead of 10k per, 20k per or 2k per and no operating conversion method...

The gubberment is already making some unhealthy noise...bitcoin has their attention.
 
MadJack

MadJack

Administrator
Staff member
Forum Admin
Super Moderators
Channel Owner
Jul 13, 1999
104,453
1,183
113
69
home
I'm sticking with the $12,500 before 2018.

$25K by March.

:toast:
 
Trampled Underfoot

Trampled Underfoot

Registered
Forum Member
Feb 26, 2001
13,593
164
63
I bought some at 9300 the other day. I think i'm going to keep some in BTC for good. Staring to think this could be insanity in a few years when we look back.
 
redsfann

redsfann

ale connoisseur
Forum Member
Aug 3, 1999
9,002
214
63
60
Somewhere in Corn Country
yyz said:
Panic!


:lol:
Click to expand...

:0002

I almost threw myself off a bridge when it crashed hard yesterday! Luckily 15 seconds later it was back near 10K. :lol:
And honestly, thats not too far off the way BTC has been moving these last few days.
For me it all comes back to one thing: I did not invest any money that I wasn't prepared to lose. So I lose it in the crypto markets rather than betting on flawed humans in one colored jersey over the other team in a different colored jersey. whoop de do.
The rush from watching what the crypto markets are doing is quite honestly a better high right now for me than wagering on sports.
Lets go LTC and ETH and BTC and all the alts I'm currently hodling....:toast:
 
redsfann

redsfann

ale connoisseur
Forum Member
Aug 3, 1999
9,002
214
63
60
Somewhere in Corn Country
Trampled Underfoot said:
I bought some at 9300 the other day. I think i'm going to keep some in BTC for good. Staring to think this could be insanity in a few years when we look back.
Click to expand...

Insanity is not having a bunch in BTC since we all jumped in as an easy way to move money to the sportsbooks.
Have a nice chunk of BTC that I've accumulated since it was in the 4000K range up through 8000 a week or so ago.
and yes, when BTC is 25k or more in a year and 100k later on in the future we can toast our gains and shake our heads for not leaving a bunch in BTC when it was 781.41 :scared

Get yourself a healthy bag of ETH and LTC too. all this new and scared money coming into the game takes a look at BTC and freaks at its price then looks at LTC and ETH and says thats affordable and buys those two over buying BTC.
Im probably completely wrong about this, but I don't want to miss the train if ETH goes to 1000+ or LTC heads to 500+
 
H

hedgehog

Registered
Forum Member
Oct 30, 2003
32,619
568
113
49
TX
redsfann said:
Insanity is not having a bunch in BTC since we all jumped in as an easy way to move money to the sportsbooks.
Have a nice chunk of BTC that I've accumulated since it was in the 4000K range up through 8000 a week or so ago.
and yes, when BTC is 25k or more in a year and 100k later on in the future we can toast our gains and shake our heads for not leaving a bunch in BTC when it was 781.41 :scared

Get yourself a healthy bag of ETH and LTC too. all this new and scared money coming into the game takes a look at BTC and freaks at its price then looks at LTC and ETH and says thats affordable and buys those two over buying BTC.
Im probably completely wrong about this, but I don't want to miss the train if ETH goes to 1000+ or LTC heads to 500+
Click to expand...

:0074
 
Trampled Underfoot

Trampled Underfoot

Registered
Forum Member
Feb 26, 2001
13,593
164
63
redsfann said:
Insanity is not having a bunch in BTC since we all jumped in as an easy way to move money to the sportsbooks.
Have a nice chunk of BTC that I've accumulated since it was in the 4000K range up through 8000 a week or so ago.
and yes, when BTC is 25k or more in a year and 100k later on in the future we can toast our gains and shake our heads for not leaving a bunch in BTC when it was 781.41 :scared

Get yourself a healthy bag of ETH and LTC too. all this new and scared money coming into the game takes a look at BTC and freaks at its price then looks at LTC and ETH and says thats affordable and buys those two over buying BTC.
Im probably completely wrong about this, but I don't want to miss the train if ETH goes to 1000+ or LTC heads to 500+
Click to expand...

I remember always trying to time sportsbook withdrawals when I might be home to move it out of BTC as I was nervous for dips. I talked to a friend over the weekend who does very well overall and knew about BTC way before I did when it was in its earliest stages and passed. That has to suck now. He is not a risk taker though.

I'm trying to figure out how to invest as much as I safely can in some of these coins. I'm still heavy on MTL but BTC, ETH, CVC i'm trying to get involved with. Haven't looked much at LTC.
 
MadJack

MadJack

Administrator
Staff member
Forum Admin
Super Moderators
Channel Owner
Jul 13, 1999
104,453
1,183
113
69
home
We may as well hit $12,500 today. Why not? :0003
 
MadJack

MadJack

Administrator
Staff member
Forum Admin
Super Moderators
Channel Owner
Jul 13, 1999
104,453
1,183
113
69
home
I don't have 1000's of bitcoins but that balance sure grows. :00hour
 
redsfann

redsfann

ale connoisseur
Forum Member
Aug 3, 1999
9,002
214
63
60
Somewhere in Corn Country
MadJack said:
I don't have 1000's of bitcoins but that balance sure grows. :00hour
Click to expand...

Ho hum. Another day, another 7% gain. :toast:
Really think we will see a major move one way or the other on or after the 18th when the CME starts offering futures trading in BTC.
Either way, I?m not panic selling but I will be a buyer if we see a 20% or more downward correction.


Sent from my iPhone using Tapatalk
 
HighFlyingKilla

HighFlyingKilla

Registered User
Forum Member
Dec 13, 2005
1,772
11
0
Trampled Underfoot said:
I remember always trying to time sportsbook withdrawals when I might be home to move it out of BTC as I was nervous for dips. I talked to a friend over the weekend who does very well overall and knew about BTC way before I did when it was in its earliest stages and passed. That has to suck now. He is not a risk taker though.

I'm trying to figure out how to invest as much as I safely can in some of these coins. I'm still heavy on MTL but BTC, ETH, CVC i'm trying to get involved with. Haven't looked much at LTC.
Click to expand...

Get some now. Its being used everywhere for online purchases and the price has doubled in the past 30 days. Sitting at $103 right now.
 
MadJack

MadJack

Administrator
Staff member
Forum Admin
Super Moderators
Channel Owner
Jul 13, 1999
104,453
1,183
113
69
home
Okay then, let's do $15,000 by the end of the year. :shrug:


:142smilie


Man, that impossible $7500 is chump change now. :scared
 
L

LuvThemDogs

Registered User
Forum Member
Dec 2, 2005
1,306
38
48
HighFlyingKilla said:
Get some now. Its being used everywhere for online purchases and the price has doubled in the past 30 days. Sitting at $103 right now.
Click to expand...

I haven't invested in any of these coin stocks. Is it too late to get in now? Ceiling too high? LTC seems affordable. Bitcoin is not.

Thanks!
 
You must log in or register to reply here.
Bet on MyBookie
Top