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Asante
Mage


Registered: 02/06/02
Posts: 86,794
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Re: Is Bitcoin actually a good investment? [Re: bacillus] 1
#24845328 - 12/14/17 09:04 AM (6 years, 1 month ago) |
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Right after I acquired some Ether, it increased by about half 
The 16 crypto basket took an uptick, now at +25% over investment.
Big 5 are higher.
Picked up a bit of extra NEO and Stratis.
-------------------- Omnicyclion.org higher knowledge starts here
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ManianFH
living in perverty



Registered: 07/06/04
Posts: 14,741
Last seen: 15 hours, 4 minutes
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Re: Is Bitcoin actually a good investment? [Re: Asante]
#24845390 - 12/14/17 10:05 AM (6 years, 1 month ago) |
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lost out of my potcoin selloff opportunity. by the time i got home from work, well before i wouldve been able to crack open my paperwallet, load them to the client, and send them to my exchange, they were back down to .31 cents. wouldve been free money.. so now I wait again, however this time those particular cryptos will stay in my exchange for a quicker transaction.
-------------------- notapillow said: "you are going about this endeavor all wrong. clear your mind of useless fear and concern. buy the ticket, take the ride, and all that.... " ChrisWho said: "It's all about the journey, not the destination."
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Stonehenge
Alt Center


Registered: 06/20/04
Posts: 14,850
Loc: S.E.
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Re: Is Bitcoin actually a good investment? [Re: Asante] 1
#24845458 - 12/14/17 10:56 AM (6 years, 1 month ago) |
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Asante, you are doing better than I, my investments have not gone up nearly 25% in that time. But the iota people talked me into buying has gone down, lol
-------------------- “A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship.” (attributed to Alexis de Tocqueville political philosopher Circa 1835) Trade list http://www.shroomery.org/forums/showflat.php/Number/18047755
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Asante
Mage


Registered: 02/06/02
Posts: 86,794
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Re: Is Bitcoin actually a good investment? [Re: Stonehenge] 1
#24845505 - 12/14/17 11:20 AM (6 years, 1 month ago) |
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You'll overtake me easily. 
Maybe you should plant a field with a token sum in addition to having a few you invest heavily in.
Make a Top-16 of probable winners short and longer term and invest a token sum in each of them. If one makes 4 doublings, pow, the whole investment is paid for, and all the rest is pure gains.
Its kinda like investing in an index fund, rather than aim at the most probable winner you fire a grapeshot at the 16 (or 32) most probable winners - you aim at a market segment, bet on the race rather than on a horse.
We are NOT in competition, we are in synergy, just like on the gold train. If we have knowledge others don't, throw it into the forum and up for debate. If we can make all of Money Matters, millionaires, WE WIN. Pull peoples ear HARD, just like we did with Gold. The more of us join, the greater our netowork and extended network of expertise is. See Money Matters as an investment group with a shared interest. None of us has the market insight of all of us. we all benefit.
Verge (XVG) is going off like a rocket right now, just like Litecoin (LTC), keep a longer term eye on Stratis (STRAT), they got news around this month.
DO NOT UNDERESTIMATE DOLLAR & PENNY CRYPTO'S!
-------------------- Omnicyclion.org higher knowledge starts here
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Stonehenge
Alt Center


Registered: 06/20/04
Posts: 14,850
Loc: S.E.
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Re: Is Bitcoin actually a good investment? [Re: Asante] 1
#24845615 - 12/14/17 12:19 PM (6 years, 1 month ago) |
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back in 2010 btc was mentioned here but few thought it was anything. In '11 I started picking up coin but I didn't know it was going to take off either. In 2014 and '15 I started being the pesky poster constantly urging people to get in because it was going to be big. Now I wish I had only hodled and bought instead of selling, instead of using mt gox, etc.
I see bch is up to 1800 today. I was trying to swap or sell my bch last week but had a problem with the wallet so my problem ended up making me money.
The iota you guys talked me into buying is down about 15%. But I'm not worried, it will go back up. I'm looking into some other alts
>Maybe you should plant a field with a token sum in addition to having a few you invest heavily in
Tokens don't interest me, I'm looking to make big bucks. I'm only heavy in btc, a speck in ether and a few thou of iota. Investing small means you take less risk but reduces the upside too.
>We are NOT in competition, we are in synergy, just like on the gold train. If we have knowledge others don't, throw it into the forum and up for debate. If we can make all of Money Matters, millionaires, WE WIN.
I tried to talk people into btc years ago but they didn't listen except geo and a few. Now that its way up they listen. Gold has been dead for so long, I just have it now for diversity. But your way is good for those who are cautious investors or who don't have a lot to gamble with. But its the wild and reckless investors who clean up. Or lose a shirt or two, lol. I don't consider myself reckless, I carefully research my investments but if its a winner I go whole hog, not a couple dollars. I would probably be better off selling my real estate and gold putting it all in btc and some alts but like you always tell us, don't put all your eggs in one basket.
-------------------- “A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship.” (attributed to Alexis de Tocqueville political philosopher Circa 1835) Trade list http://www.shroomery.org/forums/showflat.php/Number/18047755
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Asante
Mage


Registered: 02/06/02
Posts: 86,794
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Re: Is Bitcoin actually a good investment? [Re: Stonehenge]
#24846036 - 12/14/17 03:39 PM (6 years, 1 month ago) |
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Quote:
Stonehenge said: In 2014 and '15 I started being the pesky poster constantly urging people to get in because it was going to be big.
If only I had been a better listener or you'd pulled my ear harder. Wasn't your fault though I was stubborn as fuck.
-------------------- Omnicyclion.org higher knowledge starts here
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Stonehenge
Alt Center


Registered: 06/20/04
Posts: 14,850
Loc: S.E.
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Re: Is Bitcoin actually a good investment? [Re: Asante]
#24846223 - 12/14/17 05:07 PM (6 years, 1 month ago) |
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I didn't even listen to myself that well. I did buy quite a bit but then sold a bunch to grab a nice profit. Lucky for me I got back in earlier this year or I would be bitching on the sidelines even though I made a decent amount of swag. I could have easily 10 million right now in coin if I had been just a tiny bit wiser. Hundreds of millions if I had been prescient and only bought, invested more, not sold, and hodled. But coulda been is lame so I'm content with what I did do.
I fully expect btc to double in the next year or two which is a good return. But like you said, the cheap ones have more room to grow and can double in a week easily. At worst you may get stuck with a non performer that just sits there or goes down a little. Put a hundred into carefully selected alts and you might overall make 10x your money in a year. Put in a few thousand if you can and watch it grow. Even a few bucks is fun and a nice little hobby.
I listen to geo for the detailed analysis, listen to you for your strategic thinking, and try to watch what the public is doing. The fact btc is on the nyse means its still the king of coins and has lots of room to grow. It may double again in less than a year.
-------------------- “A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship.” (attributed to Alexis de Tocqueville political philosopher Circa 1835) Trade list http://www.shroomery.org/forums/showflat.php/Number/18047755
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oysters
Stranger
Registered: 03/20/17
Posts: 10
Last seen: 3 years, 4 months
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Re: Is Bitcoin actually a good investment? [Re: Stonehenge]
#24862886 - 12/22/17 08:56 PM (6 years, 1 month ago) |
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yes it is
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george698
Stranger

Registered: 01/08/17
Posts: 15
Last seen: 3 years, 4 months
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Re: Is Bitcoin actually a good investment? [Re: Stonehenge]
#25477851 - 09/21/18 12:04 PM (5 years, 4 months ago) |
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Quote:
Stonehenge said: Yes, you can buy gold, dope, legit stuff, tickets, etc. Below is a list of well known places that accept bitcoin. The formatting came out a little strange.
Those sites accepting bitcoin make a huge difference when looking at all coins, something in the range of 2000+ (Altcoins) which are dealt, some on daily bases on coinbase.
All coins which are not accepted by business' satisfy the ego of their founder. IHMO
When looking at trading platforms, look up their social networks (if there are any) Do they have a trust badge such as New Just Trust Badges? Research properly and you might get away without loses.
Edited by george698 (04/18/19 04:59 PM)
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