g-unit
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April 22, 2016, 07:20:31 PM |
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I think the halving in July is bullish. I think at least a majority will agree with that statement. And it is only two months away.
I think it is worth the risk in investing short term, as well as long term, in Bitcoin.
So how much risk is anyone else willing to take on? Stop 401k or IRA contributions to use that money? Sell assets to fund more bitcoin (which is what I am doing)? Or the brave souls who would "charge a credit card" to bet on the increase to pay it off in short order?? Heaven forbid, someone I read is betting their house (if they were serious) on Bitcoin in the halving. Or has the upward move largely happened?
This is all in the face of some doubts with Bitcoin, like the hard fork risks and block size resolutions being advocated.
I am not a gambler, but I am going to buy more over time but am weighing what my risk level is.
What you are doing is right buddy, weighted the risks I mean, but for me, I'M ALL IN !! I think the halving in July is bullish. I think at least a majority will agree with that statement. And it is only two months away.
I think it is worth the risk in investing short term, as well as long term, in Bitcoin.
So how much risk is anyone else willing to take on? Stop 401k or IRA contributions to use that money? Sell assets to fund more bitcoin (which is what I am doing)? Or the brave souls who would "charge a credit card" to bet on the increase to pay it off in short order?? Heaven forbid, someone I read is betting their house (if they were serious) on Bitcoin in the halving. Or has the upward move largely happened?
This is all in the face of some doubts with Bitcoin, like the hard fork risks and block size resolutions being advocated.
I am not a gambler, but I am going to buy more over time but am weighing what my risk level is.
Good idea. Once bitcoin is a "safe" investment, the opportunity for huge gains will be severely diminished. I was just using extra money to buy bitcoins over the last few years. Instead of putting it in the stock market like I was before, I bought bitcoins. I would never back down my 401k to buy bitcoins though. Actually, I see Bitcoin as a safe asset now, why not ? If it were to fail, it would failed after few months or years, we approaching 8 years now and it's growing in a wonderful matter. Very true Fakhoury. In fact, I've thought the same before. Really all you have to do is stay up to date and informed with what is happening and where bitcoin is going (your thread is VERY helpful for this ). By doing that you won't get blind sided. Generally, the time something has lasted would be the time it takes to be completely destroyed. 7 years old and coming out of a severe bear market with halving looming.....can't get much better!
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Hunyadi
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April 23, 2016, 04:55:32 AM |
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Adding news from your side, Hunyadi makes me extremely happy, looking for more bullish news from your side my old friend No problem. Thanks for the recent news!
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▂▃▅▇█▓▒░B**-Cultist░▒▓█▇▅▃▂
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Fakhoury (OP)
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Permabull Bitcoin Investor
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April 24, 2016, 08:43:21 PM |
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I think the halving in July is bullish. I think at least a majority will agree with that statement. And it is only two months away.
I think it is worth the risk in investing short term, as well as long term, in Bitcoin.
So how much risk is anyone else willing to take on? Stop 401k or IRA contributions to use that money? Sell assets to fund more bitcoin (which is what I am doing)? Or the brave souls who would "charge a credit card" to bet on the increase to pay it off in short order?? Heaven forbid, someone I read is betting their house (if they were serious) on Bitcoin in the halving. Or has the upward move largely happened?
This is all in the face of some doubts with Bitcoin, like the hard fork risks and block size resolutions being advocated.
I am not a gambler, but I am going to buy more over time but am weighing what my risk level is.
What you are doing is right buddy, weighted the risks I mean, but for me, I'M ALL IN !! I think the halving in July is bullish. I think at least a majority will agree with that statement. And it is only two months away.
I think it is worth the risk in investing short term, as well as long term, in Bitcoin.
So how much risk is anyone else willing to take on? Stop 401k or IRA contributions to use that money? Sell assets to fund more bitcoin (which is what I am doing)? Or the brave souls who would "charge a credit card" to bet on the increase to pay it off in short order?? Heaven forbid, someone I read is betting their house (if they were serious) on Bitcoin in the halving. Or has the upward move largely happened?
This is all in the face of some doubts with Bitcoin, like the hard fork risks and block size resolutions being advocated.
I am not a gambler, but I am going to buy more over time but am weighing what my risk level is.
Good idea. Once bitcoin is a "safe" investment, the opportunity for huge gains will be severely diminished. I was just using extra money to buy bitcoins over the last few years. Instead of putting it in the stock market like I was before, I bought bitcoins. I would never back down my 401k to buy bitcoins though. Actually, I see Bitcoin as a safe asset now, why not ? If it were to fail, it would failed after few months or years, we approaching 8 years now and it's growing in a wonderful matter. Very true Fakhoury. In fact, I've thought the same before. Really all you have to do is stay up to date and informed with what is happening and where bitcoin is going (your thread is VERY helpful for this ). By doing that you won't get blind sided. Generally, the time something has lasted would be the time it takes to be completely destroyed. 7 years old and coming out of a severe bear market with halving looming.....can't get much better! We ain't seen nothing yet buddy Adding news from your side, Hunyadi makes me extremely happy, looking for more bullish news from your side my old friend No problem. Thanks for the recent news! You are most welcome
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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Fakhoury (OP)
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April 24, 2016, 08:44:43 PM |
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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Fakhoury (OP)
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April 24, 2016, 08:49:34 PM |
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Bitcoin featured on Carte Blanche tonight in SA to over half a million people! News URL : http://carteblanche.dstv.com/bitcoin/
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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Fakhoury (OP)
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April 24, 2016, 08:56:01 PM |
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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Fakhoury (OP)
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April 25, 2016, 12:04:14 AM |
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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Fakhoury (OP)
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April 25, 2016, 12:05:04 AM |
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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crazywack
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April 25, 2016, 05:18:12 AM |
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Missing the updates Fakhoury, where did you run off to?!
Missing the updates Fakhoury, where did you run off to?!
I'm getting worried... He'll ya, welcome back Fakhoury! Was starting to think someone kidnapped you for your BTC! Thank you all for your concerning and asking after me, this is my best moment ever as I really feel that you are my brothers (only child here). Crazywack : It would happen tbh, but when mass adoption happens and street thieves knows about it Glad to see you back Fakhoury! By then we will have armed guards for our Bitcoin riches !!!
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Bios Optimus
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April 25, 2016, 12:48:55 PM |
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Love this thread Fakhoury! thanks man!
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LFC_Bitcoin
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April 25, 2016, 01:30:51 PM |
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Keep up the good work Fakhoury, we need you to keep plugging away as we get ready for lift off after the halving.
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Fakhoury (OP)
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April 25, 2016, 06:23:17 PM |
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Missing the updates Fakhoury, where did you run off to?!
Missing the updates Fakhoury, where did you run off to?!
I'm getting worried... He'll ya, welcome back Fakhoury! Was starting to think someone kidnapped you for your BTC! Thank you all for your concerning and asking after me, this is my best moment ever as I really feel that you are my brothers (only child here). Crazywack : It would happen tbh, but when mass adoption happens and street thieves knows about it Glad to see you back Fakhoury! By then we will have armed guards for our Bitcoin riches !!! It's a must tbh Love this thread Fakhoury! thanks man!
You are most welcome buddy Keep up the good work Fakhoury, we need you to keep plugging away as we get ready for lift off after the halving.
Don't worry my brother, I will let you "orgasm" from the "bullishness"
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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Fakhoury (OP)
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April 25, 2016, 06:28:31 PM |
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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Fakhoury (OP)
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April 25, 2016, 06:32:01 PM |
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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Fakhoury (OP)
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April 25, 2016, 06:34:21 PM |
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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Fakhoury (OP)
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April 25, 2016, 06:49:15 PM |
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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Fakhoury (OP)
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April 25, 2016, 06:50:16 PM |
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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Fakhoury (OP)
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April 25, 2016, 06:52:09 PM |
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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Fakhoury (OP)
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April 25, 2016, 06:54:14 PM |
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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crazywack
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April 25, 2016, 06:59:37 PM |
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Awesome read, I did not know that China had completed their gold backed currency a week or 2 back. No need for USD for them anymore, demand for the $ is going down.
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