I am for sure. As for everyone else, who knows?
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The game is *buy low, sell high.* Not *buy low and pray* or *buy high and hope.*
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Perfectly happy with converting to fiat first. The thread should have an added note, you cannot buy anything with btc, but you can buy anything with btc profits.
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Will IBM remain the king of PC's?
Will Nokia/Motorola/etc. remain the king of mobile phones?
Only time will tell.
HODL and ALSO take profits and enjoy your profits. Buy your homes, cars, and take your vacations and live it up.
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Pretty good month for old timers too.
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It definitely filled with profit. If it's filled with other things, fine, but that's nothing to worry about.
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So it'll become difficult to move around... like bars of gold.
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Just an update to this, the multiple account workaround works fine. Just do it from multiple devices so you have different MAC addresses. And of course, don't use all of your accounts to sweep funds to the same external BTC addresses. You'll need multiple external addresses as well. What you do after that point is up to your own creativity.
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I'd advise both and do both. However, just be aware of the risk of 'saving' cutting edge technology. Put away $1 million in gold and a separate safety deposit box with an equal value of BTC..... fast forward 25 years, and you might have one box of gold and one box with the equivalent of an Atari 2600 game cartridge/Betamax video player/TI-99-4A computer/Casio Calculator watch/etc.
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We all live our own stories. I like the story of the gypsy who reinvested his profits into real estate (which now produce passive rental income and long term appreciation), a basket of fiat currencies (to also trade for profit via arbitrage), gold (for a rainy day and possible long term appreciation), and still has most of his original milk which he has freeze dried and keeps stored in air gapped cell phones, paper wallets, and Trezors.
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Right now.... Light a match by Zayde Wolf. Try it and you might be surprised by how much you can make in a month.
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I'll be sure to tell that to growing asset portfolio.
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Sounds like a lot less sure than his old prediction.
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It only has no value for those who were late to the game.
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As long as you have no debt, aren't using margin, and have cash reserves, there's nothing to worry about. Play the game.
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Yes, but I'd advise most to adjust their expectations. It's unlikely that one will make millions from investing $10-20k like the old days (the old days being 7-8 years ago). But you can still make some decent returns.
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What are the current 2019 peer to peer services with highest volume? A Google Search turns up dated information with many services claiming to be the 'best place.' Localbitcoins still works fine, but the id verification requirement is turning some people off. Paxful is okay but there are so few listings in comparison.
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It's the first couple million that are the hardest. Increase your savings rate, lower the amount of sleep you take each night, and increase your diligence and make use of opportunites, and J H Christ, stop looking at what your neighbors (or early adopters) are driving or doing, and you might be a whale one day yourself.
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Food, water, guns and ammo will be the new gold. And there will be many people complaining about how it's unfair that the whales are controlling the price of Cheerios.
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Depends... How restful would your sleep be?
1. All your liquid net worth on a Nano Ledger at the bank or in a safe.
2. All your liquid net worth in gold bars at the bank.
3. A balance between 1 and 2?
How many can honestly answer 1? The possibily of millions and zero.
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