Sell, sell, sell!

Buy, buy, buy.

If you buy BTC or any crypto now, you aren't an investor, you are a speculator. And, at $6,000 per coin, you will need to gamble lots of money to make any real money this late in the BTC game. Then, if the party ends, you will be seriously butt hurt. I bought BTC when it was valued around $2,000, so I'm feeling good about it, but I recently sold enough to make back my original investment, so if it tanks, I won't have lost anything at all.

Take a look at other cryptocurrencies like LiteCoin and Ethereum. LTC is selling for around $70, so you can buy about 85 of them for the price of 1 bitcoin. If 85 LTC all go up $5 in a day, you will have made more than if your 1 BTC goes up $80 in a day.

kptic wrote:If you buy BTC or any crypto now, you aren't an investor, you are a speculator. And, at $6,000 per coin, you will need to gamble lots of money to make any real money this late in the BTC game. Then, if the party ends, you will be seriously butt hurt. I bought BTC when it was valued around $2,000, so I'm feeling good about it, but I recently sold enough to make back my original investment, so if it tanks, I won't have lost anything at all.

Take a look at other cryptocurrencies like LiteCoin and Ethereum. LTC is selling for around $70, so you can buy about 85 of them for the price of 1 bitcoin. If 85 LTC all go up $5 in a day, you will have made more than if your 1 BTC goes up $80 in a day.

Hmmm, I disagree with some of your wording on that. I don't see any technical difference in those 2 scenarios. Nobody "knew" it would go up to $6000 years ago, and nobody knows what it will go up to now. It goes without saying that the lower the price was when you bought it, the more likely you are to have the potential to cash out with higher profits at some later stage, but it's the same game.

The way you word it makes it sound like you must invest, I mean "speculate," at least $6,000 for an entire BitCoin, but you can still invest as little or as much as you want. Shit, I don't even have a full fucking BitCoin myself, LoL.

I went ahead and bought $100 worth of ETH yesterday, and was also pleasantly surprised to find my roughly $90 worth of Bitcoin Cash. I should do the same with LiteCoin next too.

Not shopping for sailboats just yet though...

I'll stick to my guns, General. There is nothing really backing crypto, which makes getting into it highly speculative. It isn't like investing in something with tangible value.

Also if a $6000 coin gains $200 in a day, but you only bought $200 worth to start, you'll make all of $8. I don't see small timing BTC as being worth it unless your just messing around.

I would recommend anyone who isn't already invested to take a look at some of the smaller coins because one of them may be the next BTC, but you'll get on the elevator at the ground floor this time. It is pure speculation. BTC could crash or hit $10,000, but ETH could hit $1,000 just as easily. The only difference is ETH is $300 not $6000.

I recently actually did buy a sailboat

I'm waiting for basecoin to be launched.

kptic wrote: ↑Sat Oct 21, 2017 9:23 am I recently actually did buy a sailboat

Sail us the way to go. Great community, sailors.

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