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 Posted: Fri Oct 20th, 2017 05:44 pm
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srossi

 

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Bitcoin is about to hit $6,000.  If you had invested in it when I posted, you would have doubled your money in 4 1/2 months.



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 Posted: Fri Oct 20th, 2017 06:06 pm
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Superstar



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srossi wrote: Bitcoin is about to hit $6,000.  If you had invested in it when I posted, you would have doubled your money in 4 1/2 months.
How much did you make since you posted it 4.5 months ago?



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 Posted: Fri Oct 20th, 2017 06:22 pm
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srossi

 

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Superstar wrote: srossi wrote: Bitcoin is about to hit $6,000.  If you had invested in it when I posted, you would have doubled your money in 4 1/2 months.
How much did you make since you posted it 4.5 months ago?

I got in at $2,300 a little while before I posted about it.  I'm still kicking myself that I didn't pull the trigger years ago when it was next to nothing.  I also bought Ethereum at about $170 and it's now $300 (which is actually down, it reached $400 at one point).  I would highly recommend that if it drops back close to $5,000 again, people buy on the dip.  Everyone keeps thinking they're too late to the party, and I did too for a long time, but it keeps going up after the dips. 



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 Posted: Fri Oct 20th, 2017 10:04 pm
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krazykid18

 

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srossi wrote: Superstar wrote: srossi wrote: Bitcoin is about to hit $6,000.  If you had invested in it when I posted, you would have doubled your money in 4 1/2 months.
How much did you make since you posted it 4.5 months ago?

I got in at $2,300 a little while before I posted about it.  I'm still kicking myself that I didn't pull the trigger years ago when it was next to nothing.  I also bought Ethereum at about $170 and it's now $300 (which is actually down, it reached $400 at one point).  I would highly recommend that if it drops back close to $5,000 again, people buy on the dip.  Everyone keeps thinking they're too late to the party, and I did too for a long time, but it keeps going up after the dips. 


i have to wait til it drops to 4,000 but i might join now i don't know just confused 

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 Posted: Fri Oct 20th, 2017 11:23 pm
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srossi

 

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krazykid18 wrote: srossi wrote: Superstar wrote: srossi wrote: Bitcoin is about to hit $6,000.  If you had invested in it when I posted, you would have doubled your money in 4 1/2 months.
How much did you make since you posted it 4.5 months ago?

I got in at $2,300 a little while before I posted about it.  I'm still kicking myself that I didn't pull the trigger years ago when it was next to nothing.  I also bought Ethereum at about $170 and it's now $300 (which is actually down, it reached $400 at one point).  I would highly recommend that if it drops back close to $5,000 again, people buy on the dip.  Everyone keeps thinking they're too late to the party, and I did too for a long time, but it keeps going up after the dips. 


i have to wait til it drops to 4,000 but i might join now i don't know just confused 

I don’t know how realistic it is that it’ll drop to $4000 but it’s possible. It’s taken a couple of big dips this year. But if you really believe it will go up then it shouldn’t matter. Some are predicting $10,000 in less than 6 months. I wouldn’t be shocked. 



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 Posted: Sat Oct 21st, 2017 02:59 am
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Quattro

 

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Where are you buying it?

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 Posted: Sat Oct 21st, 2017 03:10 am
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srossi

 

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Quattro wrote: Where are you buying it?
I use Gemini, a NY-based exchange which the Winkelvoss Brothers are involved in. There are many others. 

Last edited on Sat Oct 21st, 2017 03:16 am by srossi



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 Posted: Sat Oct 21st, 2017 09:48 am
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Quattro

 

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So you can buy directly with the exchange?
Cool

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 Posted: Sat Oct 21st, 2017 11:06 am
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I'm about to jump on board now. What could have been just a few years ago though. I definitely regret kicking the tires for as long as I did.

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 Posted: Sat Oct 21st, 2017 12:36 pm
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Quattro

 

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carpetbeggar wrote: I'm about to jump on board now. What could have been just a few years ago though. I definitely regret kicking the tires for as long as I did.Man i am in banking.  We had a couple customer basically brokering bitcoin on these message board “exchanges”.  I had to do a lot of research to understand the mechanics. Which i still don’t.  But i almost bought 2 or 3 coins at 400 or so a coin just to help understand who individuals are anonymously trading these things.
I’d have turned 800 into 10K.   
Talk about regrets.

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 Posted: Sat Oct 21st, 2017 01:26 pm
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srossi

 

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Quattro wrote: So you can buy directly with the exchange?
Cool

You buy on an exchange the same way you’d buy stocks on Etrade. Some platforms are easier to use than others. Gemini is very simple. But the difference is you NEVER leave your Bitcoin on the exchange after you buy. You have to transfer to a wallet for security reasons. The exchanges get hacked all the time. I used the electronic wallet Breadwallet at first so you should Google that. As my money grew, I bought the hard wallet Nano Ledger S for $80, which basically looks like a USB but is the most secure wallet you can get and can’t be hacked even if you connect it to a compromised computer. Start slow and advance to that, Bread will be fine for starters. It all sounds very confusing but within 2 weeks of getting your feet wet with small transactions you’ll be doing all this like second nature. It’s not hard, just a bit different than what we’re used to with stocks. 

Last edited on Sat Oct 21st, 2017 01:27 pm by srossi



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 Posted: Wed Oct 25th, 2017 02:52 am
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srossi

 

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The predictable dip is happening. $5,300 right now. If history is any indicator, once it reaches its bottom, it will steadily rise to $7,000 within 2 months. Of course, “past performance isn’t indicative of future results”. But I’m going to buy more.

Last edited on Wed Oct 25th, 2017 02:52 am by srossi



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 Posted: Thu Nov 2nd, 2017 02:39 pm
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srossi

 

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Bitcoin just exploded past $7,000!  My prediction of 2 months happened in 1 week.

Last edited on Thu Nov 2nd, 2017 02:40 pm by srossi



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 Posted: Fri Nov 3rd, 2017 07:01 pm
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One of my retired coworkers just cashed in on this. Wishing I had listened the one time they had sage investment advice.



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 Posted: Fri Nov 3rd, 2017 07:59 pm
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srossi

 

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broke wrote: One of my retired coworkers just cashed in on this. Wishing I had listened the one time they had sage investment advice.
I'd be absolutely shocked if this doesn't hit $10,000 relatively soon, so it's not too late.

The big decision for now of course is when, if, and how much to sell.  I've tripled my money in a little over 6 months.  I can take out what I put in and let the rest ride, or just leave it all there.  There are never any guarantees that the bottom won't drop out one day of course.  But I don't want to do anything until the new year because I will have to report this as income on my 2017 taxes if I do it now. 

Last edited on Fri Nov 3rd, 2017 08:03 pm by srossi



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