Bitcoin
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Re: Bitcoin
That’s a great strategy right up until the moment that it isn’t any more. Good luck.armchairlawyer wrote: ↑Tue Feb 09, 2021 7:02 pm I was a victim of FUD for too long. Thank Buddha I changed my mind when I realised that making money is not about being right. Too many very smart people are right but they don't make money. Bitcoin may have dips but it won't go to zero. Buy the dips. ETH too. And altcoins (not too much). I hate the crypto scene but the markets don't care about my feelings.
Re: Bitcoin
Ok.
From the guy who said it’s easier for a Cambodian to get a visa to the UK than a westerner to get a Cambodian visa (to paraphrase).
Utter tosh. Our own Jamie got a visa - no ties, no kids, no wife, no property.
Bitcoin relies on false information. It’s why it’s still relevant.
Don’t listen to Chinese whispers.
Re: Bitcoin
1. If your guy had a way to buy all that bitcoin then he had a way to sell it too, that's why it's nonsense.whatwat wrote: ↑Tue Feb 09, 2021 11:00 pmOk.
From the guy who said it’s easier for a Cambodian to get a visa to the UK than a westerner to get a Cambodian visa (to paraphrase).
Utter tosh. Our own Jamie got a visa - no ties, no kids, no wife, no property.
Bitcoin relies on false information. It’s why it’s still relevant.
2. What you're misquoting me on had an important caveat which you missed out; It's easier when following the rules, and if you don't work for a local company then that certainly seems to be the case and was in our instance.
Re: Bitcoin
I personally don't believe in Bitcoin. I think it's flawed an inefficient, and it's a hype. But in the great scheme of things my opinion really doesn't matter, and I followed the guidelines some investors give to invest a small part of my money in Bitcoin. I bought about half a bitcoin for myself (started buying sept. 2019), and about 0.2 bitcoin for my kid. I bought it when the bitcoin was in the 3000-6000 range. Needless to say I never made so much profit (well, on paper) in such a relatively short time.
Now I am planning my exit strategy. I'm currently thinking about selling part of it, at least the value I spent when buying, and holding on to the rest. Let's see what happens..... Selling bitcoin isn't difficult, nor is buying, assuming you have a bank account abroad.
- armchairlawyer
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Re: Bitcoin
BINGO!Kammekor wrote: ↑Wed Feb 10, 2021 8:44 amI personally don't believe in Bitcoin. I think it's flawed an inefficient, and it's a hype. But in the great scheme of things my opinion really doesn't matter, and I followed the guidelines some investors give to invest a small part of my money in Bitcoin. I bought about half a bitcoin for myself (started buying sept. 2019), and about 0.2 bitcoin for my kid. I bought it when the bitcoin was in the 3000-6000 range. Needless to say I never made so much profit (well, on paper) in such a relatively short time.
Now I am planning my exit strategy. I'm currently thinking about selling part of it, at least the value I spent when buying, and holding on to the rest. Let's see what happens..... Selling bitcoin isn't difficult, nor is buying, assuming you have a bank account abroad.
Great idea to sell a little bit now and buy back on the next correction. As you say, it's not a game I approve of, but who cares what I think? Humility is necessary if you want to do well in investment. Hubris is disastrous! I made that mistake big time.
BTW, Buy and sell any crypto through Coinbase Pro. MSTR stock is a good proxy for BTC, better than GBTC which has massive premiums to NAV.
On dips I buy more ETH than BTC nowadays.
- armchairlawyer
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Re: Bitcoin
This article is probably the best analysis of crypto that you will find for free.
https://app.hedgeye.com/insights/95305- ... 7-insights
He agrees with kammekor,'s trading strategy btw.
https://app.hedgeye.com/insights/95305- ... 7-insights
He agrees with kammekor,'s trading strategy btw.
- phuketrichard
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Re: Bitcoin
great idea, cash out ur initial investment, let the rest ride, ( at least till it hits $100,000)Kammekor wrote: ↑Wed Feb 10, 2021 8:44 amI personally don't believe in Bitcoin. I think it's flawed an inefficient, and it's a hype. But in the great scheme of things my opinion really doesn't matter, and I followed the guidelines some investors give to invest a small part of my money in Bitcoin. I bought about half a bitcoin for myself (started buying sept. 2019), and about 0.2 bitcoin for my kid. I bought it when the bitcoin was in the 3000-6000 range. Needless to say I never made so much profit (well, on paper) in such a relatively short time.
Now I am planning my exit strategy. I'm currently thinking about selling part of it, at least the value I spent when buying, and holding on to the rest. Let's see what happens..... Selling bitcoin isn't difficult, nor is buying, assuming you have a bank account abroad.
I brought a few bitcoins way way back and used them on the dark net for purchases, had like .5 left and lost my wallet log in. ah well....
UN report: North Korea stole $300m in crypto to fund nukes
https://www.bangkokpost.com/world/2065883SEOUL: North Korea has stolen more than US$300 million worth of cryptocurrencies through cyberattacks in recent months to support its banned nuclear and ballistic missile programmes, according to a confidential UN report.
Compiled by a panel of experts monitoring sanctions on Pyongyang, the report said the country's "total theft of virtual assets from 2019 to November 2020 is valued at approximately $316.4 million", citing a UN member state.
In a nation run by swine, all pigs are upward-mobile and the rest of us are fucked until we can put our acts together: not necessarily to win, but mainly to keep from losing completely. HST
Bitcoin
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Re: Bitcoin
Probably better to get out a little than risk it tanking. I don't see it going up much more.
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