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Always good to cash out a chunk of your investment when you make a good profit.
I've made big mistakes in the past holding on to a stock for example and then watch it correct afterwards
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Fingers crossed that it keeps going higher! Impossible to predict unfortunately
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Hopefully this is just the beginning! Back up we go!
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I guess it's the same feeling as going to the Casino and the ATM blocking your card from further withdrawals forcing you to go home!
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If you are patient with stocks, you will make money on the long term by investing in the index. If you invest in particular stocks, there is always a chance that it doesn't do too well, but then again there is a chance that you do much better than the index! With gambling, it's all based on luck and odds, and the thrill of course  |
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Super interesting concept! Hope it works out for you guys.
For those who played on it, would love to get some feedback!
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Only online for the time being. Looking forward to spending it in real life though! Just waiting for my favorite stores to start accepting it |
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Definitely a horrible horrible idea. Only gamble with what you can AFFORD TO LOSE.
If you're borrowing money to gamble, you're better off reaching out to a gambling assistance program!
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It all depends on your level of risk. The vast majority of people will call you crazy, as the probability is higher of someone 100% focused in a young technology doesn't end up making it, but then again that's exactly how millionaires and billionaires are made.
Fortune favors the brave!
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Absolutely impossible to give you an answer on this, as NOBODY knows what the price of btc will be in 20 years.
Sure everyone can guess, and someone will be close, but predicting the future value of an asset or currency is simply impossible. Same goes for any currency, art, stock, real estate, etc.
Include btc as a part of a BALANCED portfolio of assets!
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Holding any foreign currency is a speculative move, sometimes you gain, sometimes you lose, and holding domestic currency is a sure way to loss long term wise. Holding bitcoin short term is no different than holding a foreign currency, but long term wise the perspective is brighter
I agree with him 100%. It's all about the gains you make relative to your base currency! |
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A lot of people say that porn is, or will be Bitcoin's "Killer" feature
So many people pay for porn and risk getting caught or exposed for it. With BTC, a lot of these worries disappear!
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Our group got introduced and started following bitcoin all at the same time.
About ~10 of us now that are into it and use it!
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Mt. Gox without a shadow of a doubt.
Everything else pales in comparison!
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I believe it's a currency.
Many people buy currencies as investments just like they do BTC. (Ex: buying EUROS because I think the price will increase and then selling it when the exchange rate is more favorable, etc...)
BTC is new and therefore that might be why people see it more as an investment for the time being, but ultimately it's a currency IMO.
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Funny thread. Answer would be yes!
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Looking forward to the launch!
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Good luck! Let us know how it ends up |
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