Pepperoni for me thanks.
All jokes aside if you got in at $2, congrats
Pepperoni for me thanks.
All jokes aside if you got in at $2, congrats
As for your original question NO do not get in at this price point. Waaaay to volatile at the moment, if you have spare money to invest then invest it in maybe your home to raise its value. Anywhere other than Bitcoin currently is probably the smartest idea. I have been investing all of my adult life and know a thing or two about it.
I wish I would have got in when it was pennies. Don’t we all?
Yeah I have seen a few like etherum and litecoin etc but don’t know if they will have same traction
This is a good question. A lot of people have been talking about it, not sure if I want to invest. Worried about when tax season comes around.
From what I’ve been reading, the Bitcoin price chart is fast approaching Tulip Mania status. Those who invested early can get a good return if they liquidate about now - as @elmo41683’s friend did. Those who wait, though, might be in for a free-fall.
I first heard about Bitcoins five years ago. I was about to move to another country and wanted all my money - which wasn’t much - at hand. Had I invested at the time I could be buying the half-million dollar house too. I guess the fate of those who don’t invest is always to dream of having done it.
As for investing now, I would wait. As I said, analysts are predicting a severe price drop - some say it will go back to the early days of the Bitcoin - and some big investors are already pulling out. But what do I know, right?
Booting is much harder than mounting, boot say a Linux LiveCD off CD or USB and then try to mount the drive and copy the files off?
Ok, I guess I’ve been living under a rock… but what exactly is Bitcoin? I’ve heard and read it’s name in passing but never understood the concept. Is it just virtual coin that you never actually see? A friend asked me recently about investing in Bitcoin and I told him that I didn’t know much about it and it sounded too risky. Now, I hear the term CryptoCurency. Is that anything like BitCoin? Please explain to me what they are and what all the hoopla is about.
From various things I’ve read about it, a headache but a profitable one at that
Give me the good ole cash or card any day so I know at least where my hard earned cash is
I agree! Otherwise, it’s just Monopoly money :P.
I think spreading your money around in different forms and types like precious metal, artwork, bitcoin, regular currency, housing, and in different currency types is a risk reducer and also if you need the money you can pick which one to convert based on its current unusually higher value.
If you put a lot into one thing, if it crashes just before you need the money (equivalent) you’re forced to sell when everyone else is selling.
Diversity!
I’ve been looking at where to buy/hold it from and it’s an even bigger minefield. Soooooooo many options and some get bad reviews about withdrawing money when living in UK. Which is strange considering it’s meant to be a global crypto currency
I think I may just let the idea of investing in bitcoin remain as just that. Not that I would’ve been investing a lot.
Although I would possibly still be interested in investing in one of the newer crypto currencies. Just need someone with a bit of experience in the feild to give me an idiot guide
Someone out there, reading this thread is probably already working on it. CryptoCurrency for Dummies. LOL. I still don’t understand all this
Already there
I think that even if I read that book I wouldn’t understand it lol. It’s a complete foreign language to me.
I am kicking myself for not buying bitcoin early as well. Want some so bad!! My brother took the dive recently
I need those. LOL!!!
Brother would love these.