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Old 02-05-2018, 01:57 PM   #51
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Default Re: Cryptocurrency & Investing

Damn, they are all tanking today!

Bitcoin -23% to 6,617.
Ripple -20%
Ethereum -21.5%
Litecoin -17%

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Old 02-05-2018, 02:10 PM   #52
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Default Re: Cryptocurrency & Investing

Ya but even the regular stock market has been in a dip as of late. No different. This is why you only invest with what you're willing to lose. If you've got extra funds then this is the best time to buy.

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Old 02-05-2018, 10:38 PM   #53
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Default Re: Cryptocurrency & Investing

yeah i'm going to ride it out, but i'm also contemplating buying while it's dropping really low.

if i knew whether the govt was going to shutdown again on thursday night, it'd help me make up my mind lol

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Old 02-05-2018, 10:55 PM   #54
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Default Re: Cryptocurrency & Investing

Quote:
Originally Posted by ComicChick View Post
yeah i'm going to ride it out, but i'm also contemplating buying while it's dropping really low.

if i knew whether the govt was going to shutdown again on thursday night, it'd help me make up my mind lol
Can you tell me where your avatar's from?

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Old 02-05-2018, 10:59 PM   #55
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Default Re: Cryptocurrency & Investing

julianne hough music video

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Old 02-05-2018, 11:10 PM   #56
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Default Re: Cryptocurrency & Investing

I had bought some crypto when bitcoin was at ~$16,500 and I've lost significant money on it, a few thousand dollars. I don't know if it will ever recover. The technology is a good idea, but the fundamental obstacles are significant.

1) Governments don't like crypto.
2) Bitcoin is the standard and has a lot of problems, including low speed and high fees.
3) Inflation of the crypto money supply due to new coins being made all the time.

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Old 02-05-2018, 11:16 PM   #57
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Default Re: Cryptocurrency & Investing

https://www.express.co.uk/finance/ci...-crash-falling

this article predicts a big upswing eventually. i think crypto is a long haul ride up and down

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Old 02-07-2018, 09:12 AM   #58
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Default Re: Cryptocurrency & Investing

Was hoping this stock market dip would have stayed for a few more days so my 401k purchase on Fri could have bought in a bit cheaper and my Stash shares too. Market dips just like Crypto, no big surprise there.

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Old 02-10-2018, 09:36 AM   #59
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Default Re: Cryptocurrency & Investing

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Ya but even the regular stock market has been in a dip as of late. No different. This is why you only invest with what you're willing to lose. If you've got extra funds then this is the best time to buy.
I was just reporting the moves.

I don't think cryptos are anything like stocks yet, at least not large cap stocks. Maybe stocks in the time before the majority of the population had some kind of stock related investment be it through their pension or otherwise, or maybe like penny stocks.

That isn't to say there isn't much to be gained from putting money into them but their returns will follow very different patterns IMO. I will definitely have something in them for the long term.

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Old 02-10-2018, 09:37 PM   #60
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Default Re: Cryptocurrency & Investing

i'm playing the long term game too.

i did however, trade out my BitCoin Cash for Ripple. so I now have 46 Ripple

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Old 02-11-2018, 08:39 AM   #61
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Keeps looking like Robinhood is the way to go for crypto trading and even stocks. No fees on crypto and a pretty streamlined experience all the way around. If you haven't checked it out yet download the app. Word on the street is the big 2 in crypto trading are making things more difficult as they've been bought out by Big Banks looking to keep crypto down as a viable alternative.

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Old 02-15-2018, 09:30 AM   #62
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If anyone is looking to use Robinhood for investing in crypto or regular stocks you can use my referral link here and we will both get a free share of stock in a company.

Join Robinhood and we'll both get a stock like Apple, Ford, or Sprint for free. Make sure you use my link. https://share.robinhood.com/nicholk1186

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Old 03-16-2018, 02:00 AM   #63
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Default Re: Cryptocurrency & Investing

market has tanked a little lately. but i'm trying to play a long game. If Litecoin ever goes above $300 again, i may go ahead and cash that one out though and focus on BitCoin, Ethereum and Ripple

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Old 03-16-2018, 07:05 AM   #64
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Default Re: Cryptocurrency & Investing

Suits me. I want to buy for long term only so I'd prefer to get in after a short term fall.

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