Buying after it goes up 40% is certainly not a good idea, unless you evaluate the coin and dont think it will tank. However I am thinking a correct will be due, and then at that point I will buy some more.

It is easy to say bitcoin is amazing when you see the current price of it. If you could predict the price back then, you would be a millionaire today. And maybe even in the hundreds of millionaires. Not many people saw the magnitude or with there risk investment strategy they sold some. ( Which from the current price today is a obvious mistake. )

You can like something, but unevaluate it.

This is really cool, so tomorrow marks the day he "disappeared". Maybe I will buy some bitcoin tomorrow in celebration.

That is a good idea, especially if you use good risk management with your portfolio. I typically invest enough to where I wont be upset with a loss, and then that forces me to really never sell at a loss. However some times when I reevaluate it is hard to get away from a hold.

My biggest problem with Ripple is that the company owns so much of it and could easily kill the whole project. Not that they would, but it is possible. And with my risk management I am not willing to take that risk, and I would suggest you dont.

I just find it very interesting that for alot of people privacy is very high on there list of needs for crypto. But yet the real "privacy" coins are only a small percent of the crypto currency market cap. With technology advancing, I would not be surprised if governments could just plug in your address and find out who owns it in a  matter of minutes. ( Assuming you bought the coins on a site like coinbase, that keeps track of your transactions and requires Identity. )

Thank you very much I hope you enjoy it on Dec 31st, and if you know others telling them about this would benefit everyone.

Holding is not a good strategy in general. Holding something for the sake of holding is not a good strategy and that is not debatable. Warren buffet has nothing to do with what I was saying, he "holds" but only because he is constantly re-evaluating the market and validating his risk management. He doesnt say "generally holding is better" because generally 99% of coins will fail, so then in that instant holding would not be good generally.


Its a nice meme, but some people think it is actually solid advice.

Thanks I would really appreciate that. I haven't read other crypto currency books, however if you like reading and want some good business book recommendations you can PM me.




Thanks I am glad you will find it useful. I can't wait to release it.

You can use a processor like coinbase or Bitpay in order to transfer the funds to fiat. I doubt a non profit will hold the coins, considering they want the fiat money.

I have never had a problem with Coinbase so I might be a little biased, however we will need to see your transactions to figure it out.

"
In every month there is something. The fear of losing money. How do you deal with this? Are you hodling your coins? Do you invest every month? Do you day trade?"



First of all, just because you would have made 4x, doesn't mean that it was a good investment based on your risk management. Bitcoin is very risky to invest in so I wouldn't recommend you put a large percent of your portfolio. It also doesn't seem like you are a "investor" and are risky more than you can afford to lose which is not good.

"Hodl" is a funny meme that we can all appreciate, but its not a good investment strategy to simply hold. You need to evaluate the market often as it changes, and depending on your evaluation and speculation holding might not be a good option. So merely investing with the plan on "hodling" is a terrible thing.


I invest whenever I see a good opportunity, and I rarely day trade. However if my risk management and evaluation line up then I might. 

They have so much tether that it makes me wonder. I wouldnt exchange with them, however if they ever do go under it will effect everyone.

You could try and make some sort of coffee business that has a crypto currency twist too it. Or you could try and resell them.

This is a very important topic, as it is a huge problem in the crypto currency world. Does anyone have any new suggestions?

People are way to worried about the price of the coin. Who knows what the price will be, you should start evaluate the coin yourself. If I say it will reach $100k, does that information really help you? The market changes every second, so I have to evaluate it hundreds of times. So my thoughts and speculation can change at any day, so the information I supply you with today might change tomorrow.

I don't believe Electrum allows you to change the fee. However other wallets like blockchain.info allow you to set a fee

It would help if you post pictures. People cant bid or do anything without pictures of the place.

I added it to a accelerator, so hopefully that works.

I think for a lot of people this is the way that they use crypto currency. Profit taking and spending that for daily needs.