Crypto currency

Discussion in 'Business, Investing & Finance' started by Gator By Marriage, Mar 16, 2019.

  1. Gatormac2112

    Gatormac2112 The Voice of Reason
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    You don't have to buy a whole coin, you can buy as little as $1 worth generally. I bought $1000 worth of bitcoin/ethereum/litecoin/bitcoin-cash just a week ago and am up to $1350 already. Now it can drop down to $5 tomorrow, but the point is if you just throw a bit of play money at it you can invest without much worry.

    EDIT: in fact, I expect it to correct at some point, the past few weeks have been straight up which isn't normal for anything. Waiting for the dip may be the way to go. But even after the dip its so volatile that it could dip further. So I'm just going to dollar cost average it.
     
    • GatorCatsi

      GatorCatsi ¡No más tacos gratis!
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      May be headed for a correction.
       
      • GatorCatsi

        GatorCatsi ¡No más tacos gratis!
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        Or not. Screenshot_1.png
         
        • BMF

          BMF Bad Mother....
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          Check out MARA - it moves w/ bitcoin. It was at $5 last month, it's over $27 today. I bought at under $6 and sold under $10. It makes me sick to my stomach.
           
        • Gatormac2112

          Gatormac2112 The Voice of Reason
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          It’s honestly impossible to know what to do with crypto.
           
        • Concrete Helmet

          Concrete Helmet Hook, Line, and Sinker
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          I saw someone yesterday on YT say upside by the end of 2021 is 100K.....I guarantee you if I buy it will drop to less than 10k within hours....
           
          • no1g8r

            no1g8r Bringing Reason to the Masses
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            You waited until now to point this one out? ;-)
             
            #27 no1g8r, Jan 8, 2021
            Last edited: Jan 8, 2021
          • BMF

            BMF Bad Mother....
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            To point out I'm a dumbass? It literally makes me sick. I had 500 shares!! I lost THOUSANDS! I made a nice profit and figured I should cash out....then it kept going up and up and up...and hasn't stopped!

            Seriously though, keep an eye on it. Another one is ETHE. I still have a few hundred of this, but it's not done as well as MARA.
             
          • CDGator

            CDGator Well-Known Member
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            I haven't read all of this thread but years ago we tried to buy crypto currency and gave up. This might have been discussed but the process was crazy and the information that we had to provide wasn't worth it (imo) at that time. It was more than just as simple as opening an account at a bank. All the hoops and accounts associated to link them was crazy so your currency wasn't stolen. Sure would have been worth buying bitcoin 1,5,10,15 years ago though. Sickening.:headslap:


            When is the best time to plant a tree? 10 years ago
            When is the second best time? Now
            Probably the same with crypto currency.
             
            #29 CDGator, Jan 8, 2021
            Last edited: Jan 8, 2021
            • GatorCatsi

              GatorCatsi ¡No más tacos gratis!
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              Yeah, I got lucky. There's a great group of Blockchain/Crypto folks in Tampa that I got hooked into a couple years ago. I didn't start buying seriously until this year. Tried talking my dad into it back in May, but he didn't like all the hoops, either. It's easier than it was a few years back but still takes some legwork, until you get things systematized.

              I still think it's smart to own some, but you have to be prepared for gut-wrenching volatility.
               
              • GatorCatsi

                GatorCatsi ¡No más tacos gratis!
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              • CDGator

                CDGator Well-Known Member
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                Definitely has to be "fun" money and not something you depend on.
                It was about 5 years ago that we were going to buy $100 crypto currency for each kid as a Christmas gift. I can't even remember the name right now to look up the price. Just as well, it's probably defunct now and if it did take off and is in the 1000's then I don't want to know that either.:headslap:
                 
                • GatorCatsi

                  GatorCatsi ¡No más tacos gratis!
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                  Yeah, we might be seeing a top.

                  Rapper Meek Mill looking for stocks and crypto learning>>>

                   
                • no1g8r

                  no1g8r Bringing Reason to the Masses
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                  You made double-digit percentage profits, right? That seems pretty smart to me. What you are really saying is that you're not clairvoyant. Who is?
                   
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                  • CDGator

                    CDGator Well-Known Member
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                    044BF28A-AA11-4F42-ADEB-25B8021EBE1B.jpeg
                     
                    • bradgator2

                      bradgator2 Rioting
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                      Also checkout TRIT. I just stumbled across this company today.


                      2A1B0CC5-0C37-4BF1-9C95-A250580D8797.jpeg
                       
                    • Concrete Helmet

                      Concrete Helmet Hook, Line, and Sinker
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                      So what I believe is really behind this is our trusted financial institutions are putting some skin in the game???

                      Funny how gold has temporarily slowed for a few days....who thinks a wise man should be ready to dump and grab nuggets before the banks do? Or if you're like me and out in the cold buy more gold while it's temporarily down...:scratchhead: I gotta be right one of these times
                       
                    • GatorCatsi

                      GatorCatsi ¡No más tacos gratis!
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                      weimarbtc.jpg
                       
                      • Gatormac2112

                        Gatormac2112 The Voice of Reason
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                        That dude has no doubt killed himself by now
                         
                      • flg8rfan

                        flg8rfan Well-Known Member

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                        So I noticed a month or two ago that you can buy crypto through PayPal.

                        I figured why not and throw some money in it. It’s been fun watching it, so far I’m about 120% up overall.

                        I’m not going to put my life saving in it but when I have some extra cash, I’ll keep dumping it in.
                         

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