I bought 1 BITCOIN less than a month ago and have almost doubled my money!

HODL it ...!

cash out now.

I’ve basically converted all liquidatble assets into crypto as of two days ago. BTC, LTC and ETH. Offered wife tonoull original money out, funny how now she wants to keebe it in.....lol

Lol silly silly

Why. Last Sunday BTC was at $7,911, as of today its at $9,507.....thats a 17% jump in a week

You know...I already knows how this plays out for 2 years into the future...and I still wouldn't bet on crypto currency yet.

I'm about as freedom fighter, stick-to-your-values as people can get...still wouldn't do it.

Wow. You've done well -- in and out in a month with that gain.

[You have got out of the position, haven't you? If not -- don't count gains until they're realised...]

No you doubled your purchasing power by moving away from an asset with a declining value due to inflation.

A lot of people said that about the internet too. Everyone told me
Growig up to put my money in a savings account. Wiell in 1 week I earned more money from “interest” than my whole life in a .02-.06% interest rate savings account

Whatever you want to call it. I literally have access to twice as much cash as I did one month ago.

I almost pulled the original out, but kept it in....glad i did now

No worries....it’s definitely still risky and my balls were in my throat when I made the move....seems so simple now but i almost didnt do it because several people talked me out of it

smart move would be to cash out your original investment and let the rest ride.
crytocurrencies are imaginary digital nothingness in cyberspace.
You paid 5727 for air.
It will crash. It is substaniated by nothing.

Preach brother. Over half of total block chains have been considered stolen so far over the life of BTC lmao. That's a kind of risk I'm not willing to take.

I could do tha right now, but that’s a short term move. I’ve been following cryptos for years and haven’t pulled the trigger. The digital walets are now simple and secure. At first I didn’t understand how cryptos could expand and work.

Here’s less than 50% from a recent imvest article from a majjorrrrrrr source, not sure if I can name them:

“The next level for me is $50,000 a Bitcoin. This makes Bitcoin a trillion dollar asset. This is a real thing. Yet with perhaps 300 trillion dollars of equities and bonds out there on earth, it’s still not exactly creating a revolution.

Some see Bitcoin as the new gold, an immutable element, hard to create, indestructible and no more or less abstract as money than as a lump of yellow metal. If Bitcoin had the total value of gold its price would be $300,000 a coin. Now I must admit my face is screwed up with a kind of conceptual pain at the thought but if Bitcoin was a global currency then $5 trillion dollars of it would be nowhere near enough. The US alone has $13 trillion of M2 and that is less than its government debt by $6 trillion, a mismatch that begs many questions about money supply.

Finally there is the fact that Bitcoin has 100,000,000 satoshis. Imagine 1 satoshi became roughly worth 1c. You can see the analogy.

Well that puts Bitcoin at $1,000,000.”

Most definitely risky, I totally agree. I literally took days to make the decision. But i’m just telling yall what my experience was. I’ve gone back and forth on whether to pull the original money out but it’s kinda “play” money if you will. I never relied on my IRA as my “retirement” fund...plus im inly 31....and doubled the fund in less than a month. So ya know.....big risk...big rewards lol i know....cliche

Well I can understand that.

Im considering going in...sorry to say.

As soon as I do, it will carsh, thats just the way shit works with me.

Sorry to take everyone down with me.

Keep it for later, just sayin.

I had this conversation with myself a million times before i pull the trigger. I bought one coin and should have put the other $3,000 in at the same time....i would have had about $5,000 more. I Am looking at paying all my bills with bitcoin profits starting next month if this keeps up!!

I use coinbase....it’s pretty easy. If you decide to oull the trigger here’s my link:

[link to www.coinbase.com (secure)]

I was thinking of pulling some out but I’ve decided to keep putting money in. Just sold some old gold necklace and bracelet from my high school days on ebay and dumped another $1,378 in yesterday

How do you convert it back to US dollars?

My wallet in coon base has a “USD” for “dollars”. On all my bitcoin accounts there is a sell button, once I sell the coin the money goes into my wallet then can be transferred to my bank account. There are other methods too

Coinbase*

have fun with capital gains tax and other fees lol, try selling them for cash to a man that wants them
[link to localbitcoins.com (secure)]
do not link your bank account to bitcoin or anything, i also dont recommend keeping it for long, bitcoin is a dangerous game i see a crash at 10k or 10k and a half. have fun.

What goes up must come down.

Definetly better than 1.25% a year interest on a CD!

Lol you sound like everyone that told me not to do it, those same people are asking me how to use BTC now lol. BITCOIN has done nothing but increase in value......so care to elaborate on how you are coming up with those predictions?

I had hundreds of them 5-6 years ago.


FML.


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