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I was a professional poker player for years, so I know how parents can be as far as being concerned when they shouldn't be.
My guess is that they simply want to see you treat the money you put into it as a long-term investment rather than a "gamble." While you did profit in this scenario, it won't always work out like that.
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Very cool of you, thanks!
12yakxoy9vUKCVjtr94kPWMJZjEDaQNRNR
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I have to agree with everyone else... its simply too late in the game. Your specs make it less like a drop in the bucket and more like a drop in the ocean.
Don't worry, I recently came to terms with the same disappointing information.
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Coinbase does instant buy/sell, but you have to have bought from them and wait 30 days from your first bitcoin as well as verify your identity.
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Personally, I panicked a bit last week as I watched the price plunge. But the way the price has slowly crept back up is incredibly reassuring, making me want to invest even more.
My question is this: isn't it a good thing that the price of bitcoin, on a daily basis, is so volatile? Doesn't that just show how young it is and how much potential it has to grow. In a couple years, the price could swing hundreds of dollars/day, but when it is worth $100,000 those swings aren't as big of a deal.
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