Buying into bitcoin now ?

Tulips should be getting hot now,there are many similarities between the years of 1636-7 and 2017-18.

Can you buy Bitcoin at Circle K like you can buy a money order or prepaid cell phone minted card?

I sure could go for some Bitcoin and a Chackin Torpedo about right now.

Bitcoin goes better with kibble.

Putting my 401k in strippers garters has a more stable return!

Nobodies looking into Tulips, guys you are missing the next big thing.

It's still very cheap. But not an investment for timid little pussies who don't strongly believe in the underlying premise and will get shaken out if there is a bit of volatility.

^^^Tulips Bro, The Original Bubble.

I've read "A random walk down Wall Street" I know enough to steer clear of tulips!

Here here, tulips aren’t worth shit. Bitcoin on the other hand...

The RSI is very high right now. It’s basically the highest it’s ever been all year, which indicates a good time to sell, not buy.

Here's the thing guys if you want to be investors, you should have a sense of history, and your market knowledge should include some history, check out Tulips, Holland , 1636-7. Learn the signs of an overheated market and understand the original bubble. Not saying bitcoin is a bubble, just imparting some knowledge

History and putting investments into perspective with regards to history is very important for a good investor to understand. When i was buying houses 10-15 years ago I thought I was smart because the values were rising. How ignorant of me to misconstrue my intelligence correlating with luck in rising equity value in my homes.

My smartest decision after the markets collapsed 10 years ago was to dump as much as I could shelter from taxes. My normal 30% that could have gone to Uncle Sam and the IRS stayed invested while the tumbling stocks had everyone heading for the exits. It's today 10 years later I find myself not thinking I'm intelligent, but thankfully I planned.

There is no profit in prognostication. Plan ahead and you will be wiser instead of trying to catch the next big wave. Hot stock ideas are more for gambling than getting your shit together.

They just pointed out on CNBC that the biggest users of Bitcoin are in Nigeria. Kevin O’Leary said he won’t invest in Bitcoin until there is an 800 number to resolve issues.

At Christian seminary I found out I was a tulip

Step 1 buy high, sell low or something like that.

Step2 profit

IME, did you invert the meaning? Buy low sell high, which thevtypical investir gets backward on?

I think he purposely wrote it backwards, to be sarcastic.

Good thing the skepticism about it is alive and well. I'm feeling zero temptation to sell.

Really Dougster, zero? I sold my entire stake when it first started to drop, around $5700. Then realized the coinbase.com fees are ridiculous and now that it's not dropping fast I put half my stake back in (if there weren't any fees I would have traded differently. I'm probably gonna move to GDAX). But, looking at the current RSI, it's pretty damn high.

Of course... there is that $20 trillion dollars that the USA can't pay back, and the DXY is dropping, so....

Yep, zero temptation. Even put a bit more money in on the buy side today.