Bitcoin Thread

Number1RamsFan

Who got dat btc? 

Number1RamsFan

Bitcoin halving is in May. If you don't have any now, I'd suggesting buying before then.

Number1RamsFan

@WakeOfAshes

WakeOfAshes

I’m aware but the risk is too great for me at current price. I’m pretty happy with what my money has done in stock market over the last year. I’ve got shares of Apple and VTI and a few others. 2019 was a great year 

Number1RamsFan

Bitcoin is getting pretty close to 10k. I bought most of my coin at around $6,500-7,000 so I've already made a good amount. Plus people are saying it might hit 40k after the halving in May. I dont see it as very risky.

WakeOfAshes

Yeah it might work out for you... not saying it won’t. 

Number1RamsFan

Over $10.3k. I'm about to put half my savings in this bitch.

ThatGuyArlo

Maybe don't buy when it's rising?

Number1RamsFan

No. Buy as much as possible before May. You'll see.

WakeOfAshes

How much is half your savings? 

Number1RamsFan

6 billion

Xeno

Jon_Taffer said:

6 billion

He's only asking so he can post his

Gnomez

Hold on.... what are "savings"?

WakeOfAshes

Xeno said:

Jon_Taffer said:

6 billion

He's only asking so he can post his

Really just wanted to know how much he’s willing to wager on a super high risk thing like btc. I have a friend who put like 50k usd into btc a year or two ago and sold when it was worth 200k or something like that. Worked out for me friend. Me personally.., I’m willing to put 0 dollars into btc and I use to be really into it. I do hope it works out for anyone here putting money into it though.No hate 

Number1RamsFan

Why do you think it's such a risky investment? Most people seem to think bitcoin is going to skyrocket after the halving. Some are even saying it could hit 100k by the end of 2021. I think that's a bit too optimistic but fuck I hope they're right. 

Number1RamsFan

When I first heard about bitcoin back in high school, it was worth $5-6 dollars a coin. Now it's worth over $10,000 a coin. 

Rex_Capone420

Yeah, but it was worth what 17k at the start of 2018 and fell all the way to 3k or something. 

Its risky because it can be unpredictable, and it fluctuates fast. 

Number1RamsFan

I bought most of my coin at a really good rate a couple months ago so if it starts dropping that fast, I could sell it all and cash out before I lose more than I've already invested in it. I'm not really worried tho. I think its gonna fuckin explode in the next few months. Obviously the best time to invest was like 10 years ago but if you dont have any rn, I think it's a really good time to invest. 

Number1RamsFan

Or maybe the next time it falls below 10k

ThatGuyArlo

Selling it as it drops? Boy do you even know how to invest?

Number1RamsFan

That's if it starts tanking, which it's not gonna do. I bought most of my bitcoin at like $6500 so it would have to fall off a fuckin cliff for me to even consider selling. I'm just saying I could sell and cash out before I started to lose money if I really wanted to. But like I said, I'm not really worried about it.