First off im a long term investor, I invested in Bitcoin and plan on holding it for many many years. Am I up? Yes im up, im beating the stock market by a lot, now could I say that a few months ago when Bitcoin was at $4000? Nope, I was down, however I was buying at below $4000, and I didn't care that I was down. Pretty much anyone who invested in Bitcoin was down substantially at some point, however to date, unless you bought in 2 month window over the last 10 years, you are up if you held Bitcoin. I don't invest in any other speculative investments, I have tried trading the stock market, I don't enjoy it, its personally to stressful. I pump my retirement with Blue Chip stocks, which has been successful to date, but if the stock market crashes it won't look so good, obviously.
Thanks, you have to have high risk tolerance.......im pretty much back at my all time highs after sitting through an 85% dip. However I bought into the fear while it dipped. I think its all those factors, I also think people are just looking for places to park their money, hence why Gold is breaking through right now also. If you have the chance, watch the 10 million dollar endgame video that I posted in this thread. I tell people all the time, there is little risk putting 1% of your money into Bitcoin because that 1% may end up being worth more than the other 99%. If it doesn't, then you lose 1%. Its probably more financially irresponsible to not put 1% of your money into Bitcoin, but thats just my opinion
Bitcoin completed its first 30% pullback of this bull market down to $9600, followed by a run to $13,000 currently.
Cryptocurrency just pierced the NFL, the Miami Dolphins will officially be accepting Bitcoin & Litecoin.
104 Days remaining until the Bitcoin Halvening. Bitcoin finished 2019 as the best performing asset (+88%) and has opened up 2020 as the best performing asset (+36%).
Good for you for sticking it out man, turns out bitcoin has some legs Still too risky for my blood, it's completely unregulated so it gets manipulated like crazy
Its highly volatile but it doesn't have to be risky if you don't put in more than you can afford to lose. Most pro-bitcoin fund managers suggest to put 1% of your net worth into Bitcoin, because that 1% has the potential to be worth more than the other 99%, and you will at most, only be risking 1%. Also Bitcoin doesn't correlate with anything else so owning some would make sense, because if a financial crisis occurs, Bitcoin may not go down with it. (No one knows). I would say anything under $10,000 Bitcoin is a solid buying price, and anything under $20,000 is not terrible. IF Bitcoins breaks its all time high, it will probably be off to the races like it did in 2017 and 2013. (Its looking like 2021 may be the year it reaches $20,000 again)
Even thought it probably served to bankroll half of The Magic City's skyline . ; ) on-topic: more concerned with Becton than Bitcoin. .
Bitcoin has been taken to the slaughterhouse over the recent financial crisis. Bitcoin crashed down to $3800 yesterday and currently sits at $5600.
TIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIMMMMMMMMMMMMMMBEEEEEEEEEEEEERRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR
