jrry32 Posted November 27, 2017 Share Posted November 27, 2017 10 minutes ago, wackywabbit said: Well, you only need to worry about taxes when you sell. Regardless of the investment, you probably want to buy and hold. I don't know how you could have too much in a broad index fund. Some exposure with bitcoin may be fine if you acknowledge is high risk and it's not a large percent of the portfolio. It would be a minuscule part of my portfolio. Quote Link to comment Share on other sites More sharing options...
wackywabbit Posted November 27, 2017 Share Posted November 27, 2017 Bitcoin rapidly nearing the 10k mark. The movement at that price point is going to REAL interesting. 1 Quote Link to comment Share on other sites More sharing options...
BayRaider Posted November 27, 2017 Author Share Posted November 27, 2017 I think it will go to 10k within a month but then probably a lot of sellers, might go back down to 8k or so. Will go to 20k within a couple years though IMO Quote Link to comment Share on other sites More sharing options...
1ForTheThumb Posted November 27, 2017 Share Posted November 27, 2017 10K today pls and thx. This run is insane. Quote Link to comment Share on other sites More sharing options...
MikeT14 Posted November 27, 2017 Share Posted November 27, 2017 Am I late to join the party? This unknown bubble scares me that it has to burst sometime sooner rather than later, but I have also said that about the stock market and been wrong so far. I think I would need to start smaller with Litecoin. Quote Link to comment Share on other sites More sharing options...
1ForTheThumb Posted November 27, 2017 Share Posted November 27, 2017 3 hours ago, MikeT14 said: Am I late to join the party? This unknown bubble scares me that it has to burst sometime sooner rather than later, but I have also said that about the stock market and been wrong so far. I think I would need to start smaller with Litecoin. No, you're not. Quote Link to comment Share on other sites More sharing options...
devils1854 Posted November 27, 2017 Share Posted November 27, 2017 Ive got 1 bitcoin. YAY! Ive been slowly putting in a little money here and there, and will continue to do so. Probably gonna diversify and drop some either in litecoin or etherum since both are cheap at the moment. Quote Link to comment Share on other sites More sharing options...
incognito_man Posted November 28, 2017 Share Posted November 28, 2017 i doubled my money so far. i'll sell when i hit 1000x my investment Quote Link to comment Share on other sites More sharing options...
jonu62882 Posted November 28, 2017 Share Posted November 28, 2017 Ripple is up, too. That hedge fund was some nice news. Quote Link to comment Share on other sites More sharing options...
TankWilliams Posted November 29, 2017 Share Posted November 29, 2017 39 minutes ago, jonu62882 said: Ripple is up, too. That hedge fund was some nice news. Yeah, it was up to .30 for a few minutes. I'm about 150 bucks in with multiple purchases between .18 and .21 with a few more bucks today while it was at .25. I'm feeling good about this. Hopefully it continues to grow and be adopted more. Quote Link to comment Share on other sites More sharing options...
jonu62882 Posted November 29, 2017 Share Posted November 29, 2017 3 minutes ago, TankWilliams said: Yeah, it was up to .30 for a few minutes. I'm about 150 bucks in with multiple purchases between .18 and .21 with a few more bucks today while it was at .25. I'm feeling good about this. Hopefully it continues to grow and be adopted more. Same, bought once, it went up and dropped, and then bought again. Was thinking of selling to buy more bitcoin or not sure if should just hodl. Quote Link to comment Share on other sites More sharing options...
BayRaider Posted November 29, 2017 Author Share Posted November 29, 2017 (edited) I'm on the Ripple bullrun as well right now. Have $250 at 18 cents and 25 cents. Think it's gonna bullrun all the way to 45 cents soon before we see a price correction. Not investing in Bitcoin atm cause I think we will see a price correction shortly. Back down to 8k and possibly even as low as 6500. Bitcoin will see another bullrun to see 20-25k over the next year but 10k is a really bad price to buy in. More of a panic buy in price. Edited November 29, 2017 by BayRaider Quote Link to comment Share on other sites More sharing options...
BayRaider Posted November 29, 2017 Author Share Posted November 29, 2017 19 hours ago, incognito_man said: i doubled my money so far. i'll sell when i hit 1000x my investment If you bought in at 4k Bitcoin would have to hit 4 million to reach 1000x investment. It will never come close to that. Only way you're doing 1000x is if you invest in a cryptocurrency doing their ICO (Initial Coin Offering) at the start. Which is very possible. Stratis recently did 1000x if you bought during the ICO. Quote Link to comment Share on other sites More sharing options...
incognito_man Posted November 29, 2017 Share Posted November 29, 2017 1 minute ago, BayRaider said: If you bought in at 4k Bitcoin would have to hit 4 million to reach 1000x investment. It will never come close to that. Only way you're doing 1000x is if you invest in a cryptocurrency doing their ICO (Initial Coin Offering) at the start. Which is very possible. Stratis recently did 1000x if you bought during the ICO. let me correct myself (and I just looked at the prices again). I've about tripled my money on ethereum. I don't own any bitcoin Quote Link to comment Share on other sites More sharing options...
Uncle Buck Posted November 29, 2017 Share Posted November 29, 2017 (edited) Almost there! I have half a coin. That should pay for a couple of pretty good Super Bowl tickets. Edited November 29, 2017 by Uncle Buck Quote Link to comment Share on other sites More sharing options...
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