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re: OT: anyone doing any investing in Cryptocurrency?

Posted on 1/11/18 at 9:55 am to
Posted by Weagle25
THE Football State.
Member since Oct 2011
46178 posts
Posted on 1/11/18 at 9:55 am to
Continue to drop?

Doesn't it spike and then plummet, spike and then plummet, spike and then plummet? You're acting like it's a one way trend. How about we stop doing our gotcha moments everybody time it spikes or plummets? I don't have a dog in the fight but the gloating just seems silly to me
This post was edited on 1/11/18 at 9:55 am
Posted by WareagleKK
Milton, GA (ur welcome for Lawson)
Member since May 2012
2749 posts
Posted on 1/11/18 at 12:31 pm to
I've got a good bit of ETH and Ripple. Lots of fluctuating.

I think Ripple will tail off pretty soon (IIRC something about South Korea rejecting it has caused a bit of a dip and it MAY not recover). But at this point we invested $2k into it at 19 cents so we've made almost $20k on it, in about a month.

With ETH it's been up to $1300 as recently as yesterday and i bought $5k worth at $450.

Again, invest into this stuff with play money. No reason to think you're going to invest your way into an early retirement here with this stuff. But you can definitely supplement your 2018 earnings a bit with it and fatten up your savings or something.
Posted by allin2010
Auburn
Member since Aug 2011
18150 posts
Posted on 1/11/18 at 1:23 pm to
quote:

Continue to drop?

Doesn't it spike and then plummet, spike and then plummet, spike and then plummet? You're acting like it's a one way trend. How about we stop doing our gotcha moments everybody time it spikes or plummets? I don't have a dog in the fight but the gloating just seems silly to me


On December 17th Bitcoin was at $19,795.61(HIGH), it is now at $13,760.19.. Go back and look at this thread around these dates.

Who is investing now? Will it go up or down? My personal opinion is that it will continue to fall.

ETA: I agree with the previous poster, if you are going to invest go with Ethereum, Bitcoin Cash.

Litecoin has dropped the most (Percentage wise) from $369 to 234.
This post was edited on 1/11/18 at 1:27 pm
Posted by AUtigerNOLA
New Orleans, LA
Member since Apr 2011
17107 posts
Posted on 1/11/18 at 1:30 pm to
Ride til I die. I still made a good bit just not as much as I was earlier in the year. It has already has been explained in this thread the market is very volatile.
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 1/11/18 at 1:42 pm to
Eth is where it's at according to a friend of mine close to this who is also an analyst. He expects it to be at 10k-12k by the end of the year.

He says 12k-13k is probably the new floor for btc but it's likely not to raise much.

He expects bcash to raise to bcoin levels at some point by the end of the year but not sure when exactly. He isnt putting money into bcash yet because theres money to be made riding other fluctuations and will try to find out when bcash is going to explode before putting money into it.
Posted by Weagle25
THE Football State.
Member since Oct 2011
46178 posts
Posted on 1/12/18 at 6:37 am to
quote:

On December 17th Bitcoin was at $19,795.61(HIGH), it is now at $13,760.19..

Like I said, past trend has been spike, plummet, spike, plummet. Using the price a month ago isn't really a deviation from the past
This post was edited on 1/12/18 at 6:39 am
Posted by allin2010
Auburn
Member since Aug 2011
18150 posts
Posted on 1/16/18 at 2:38 pm to
quote:

quote: On December 17th Bitcoin was at $19,795.61(HIGH), it is now at $13,760.19..
quote:

Like I said, past trend has been spike, plummet, spike, plummet. Using the price a month ago isn't really a deviation from the past



It continues to go down ($2,400 today) and has been trending down. Now at $11,368. Many on here were advocating buying. Do you see this as a buy opportunity? When I chart, I saw a HUGE rise then it has dropped pretty consistently.

Posted by HailToTheChiz
Back in Auburn
Member since Aug 2010
48894 posts
Posted on 1/16/18 at 2:56 pm to
everyone talking seems to think bitcoin is dead and moving to other currencies

since bitcoin value seems to be driven by solely by folks buying it, i would stay away
Posted by AUCE05
Member since Dec 2009
42557 posts
Posted on 1/16/18 at 4:07 pm to
Buy and hodl. Crypto has a pretty consistent dip early each year. tSurge is coming.
Posted by HailToTheChiz
Back in Auburn
Member since Aug 2010
48894 posts
Posted on 1/16/18 at 5:25 pm to
I'd rather put my money in the stock market
Posted by allin2010
Auburn
Member since Aug 2011
18150 posts
Posted on 1/17/18 at 8:28 am to
Down to $9,700. Lost 50% of value since this thread started.
Posted by Fear The Thumb
Coastal, AL
Member since Nov 2012
3368 posts
Posted on 2/6/18 at 7:57 am to
Bitcoin is at $7,065 and still dropping, the bubble burst. Glad I didn't buy in.
Posted by AUtigR24
Happy Hour
Member since Apr 2011
19755 posts
Posted on 2/6/18 at 8:06 am to
Hit 6,200 last night and I got in
Posted by AA7
Birmingham, AL
Member since Nov 2009
26681 posts
Posted on 2/6/18 at 9:04 am to
I'm tempted to jump in now
Posted by allin2010
Auburn
Member since Aug 2011
18150 posts
Posted on 2/7/18 at 7:25 pm to
quote:

Hit 6,200 last night and I got


It and the stock market have rebounded. Up to 7,700 or so.
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