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Crypto

Avatar for LecherousMonk
LecherousMonkMom's basement

Hello, all! Long time, no read. Just checking in to see if that asshole who was always crowing about Bitcoin has shut up yet.

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Avatar for Lone_Wolf
Lone_Wolf

Those dudes always get out right before the crash. In fact they never, absolutely never, lose money on any investment. Ever.

Avatar for FTS
FTS

I got in at about $1000 and got out around $16000

Avatar for Cashman1234
Cashman1234

There are some still around. I don’t mind their posts. I sleep well at night based on my investment allocation. I wouldn’t sleep so well if I was heavily into crypto. So it doesn’t bother me at all.

Avatar for jackslash
jackslash

Dougster is not posting any more. Here's an interesting story on Bitcoin's price rise.

www.nytimes.com

Avatar for 4got2wipe
4got2wipe

LecherousMonk, don't invest in Bitcoin. Bitcoin is so last year!

Invest in wipecoin, the brilliant cryptocurrency!

Others have suggested investing in shitcoin. But that's crazyjoe's cryptocurrency so I'll let him do the sales presentation. ;)

Avatar for Uprightcitizen
Uprightcitizen

I stand counted. I bought and held Bitcoin over $7k price and have held. Its a small part of my portfolio. Not a volitility trader just a hodl'er. I do have some faith in the growing application of crypto currencies and cryto assets. Talk to me in 10 years.

Avatar for orionsmith
orionsmith

I'm not sure about Bitcoin but I did read one big bank talked crap about certain cyrpto currencies then went out and bought a lot after the price dropped. I don't remember which currency. When big money gets involved , someone may have plans to use it. The plans could involve screwing over retail investors so be on guard. I read Bitcoin will likely be talked about in history books as a bigger mania than the tulip mania.

Avatar for shailynn
shailynn

Man you must have saved up some lawn mowing money, or your parents upped your allowance.

Avatar for twentyfive
twentyfive

@orionsmith

I read Bitcoin will likely be talked about in history books as a bigger mania than the tulip mania.<

Not even close !

Avatar for Subraman
Subraman

Blockchain as a technology looks like it has a lot of potential with applications well beyond cryptocurrency, but is fairly high in the hype cycle. Bitcoin in particular, I think has as much risk as upside potential. I am not planning to buy in, but if I did, I might do what Uprightcitizen is doing and hold it as a (very) small part of my portfolio -- although I'm not sure I'd hold it, I might sell if there's another upswing, bubble, or manipulation. I'd probably not buy into any but the top 2 currencies -- the rest are getting hit with 51% attacks, which are just too easy to do.

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