Crypto currencies 101.....for us neophytes.

lilduke

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Just wont dip low enough for me to buy more.


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lilduke

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Maybe. Might cause it to go up, good news for bitcoin users either way.
 

lilduke

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94,000 cad right now.


Canada is buying up all the lbgt coin i guess
 

lilduke

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No idea. Im no day trader.

I Know in 10 or 20 years it will be either worth nothing or a lot.

(Its already worth a lot, wouldnt be a bad time for me to cash out,but nah)

I think its going to.a million
 

lilduke

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OMG its down! Ima go sell!


Nope gonna hang onto it another 20 years...
 

lilduke

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I wouldnt mind buying some more. But not at these prices. If it comes down a bunch ill be buying.
 

j335

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Since US Fed decision gold is down 1%, S&P down 5% and Bitcoin down 18%.

Bitcoin is a speculative/levered asset. When times are good you make bank, times are tough watch out below…
 

Chump

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Id say the dollar is on its way out soon or a major correction. Bitcoin will probably be a good buy
 

lilduke

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Doesnt hurt to have some thats forsure.

for me its kinda like gold. (or a savings account, rrsp ext) I buy it and after that it does nothing for me. No real end game, sell it or trade it someday i suppose.


Most people probably buy with intentions of making a quick buck.

Nothing wrong with that, its kind like the casino though.
 
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