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Author Topic: Sell my stocks buy bitcoin...  (Read 13985 times)
spazzdla (OP)
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June 24, 2016, 12:20:51 PM
 #1

Two weeks later re buy..?
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June 24, 2016, 12:58:34 PM
 #2

Two weeks later re buy..?


Good move imo, but we don't know if stocks will rebound. If more countries start going Brexit deep shit is about to happen. For starters we have in Ireland people wanting to make another referendum because they don't want to leave the EU, and they are considering splitting from UK to stay in EU.

And some countries are going to have elections soon so there is a lot of political doubt about what is going to happen.

Bitcoin and gold are the place to be imo but good luck with your gambles.
The Sceptical Chymist
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June 24, 2016, 01:25:19 PM
 #3

If they pay dividends,  I really wouldn't do it.  Plus there's tax consequences AND the possibility you'll lose money just by making the wrong call.  Then again, if you can afford to do it and believe bitcoin is going to pop, why not?  But I'm a bigger believer in stocks than crypto.

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Torque
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June 24, 2016, 01:46:50 PM
 #4

Buy Facebook on every dip.  I sold FB in 2014 @ $57 and now I totally regret it. But I had do it to for another big expense, so I guess it wasn't a total regret.
spazzdla (OP)
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June 24, 2016, 02:02:30 PM
 #5

If they pay dividends,  I really wouldn't do it.  Plus there's tax consequences AND the possibility you'll lose money just by making the wrong call.  Then again, if you can afford to do it and believe bitcoin is going to pop, why not?  But I'm a bigger believer in stocks than crypto.

I am playing in a tax free account so my gains I don't have to pay taxes.

I believe in both.
FruitBucket
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July 04, 2016, 07:44:15 PM
 #6

Two weeks later re buy..?

You are Legendary member. Have you not bough any bitcoin before? Maybe it is time for you to sell stock to buy bitcoin?

doing squats
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July 04, 2016, 07:54:22 PM
 #7

Two weeks later re buy..?
i doubt that you will need to rebuy because the price of the bitcoin is going to jump
The Sceptical Chymist
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July 04, 2016, 08:02:49 PM
 #8

OP did you end up selling anything?   US stocks have been on a tear as of late, and the whole brexit thing seems to have not mattered in the least.   Then again, bitcoin has also been booming.  It is indeed tough to decide where to put your investment dollars.

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pitham1
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July 04, 2016, 11:35:36 PM
 #9

OP did you end up selling anything?   US stocks have been on a tear as of late, and the whole brexit thing seems to have not mattered in the least.   Then again, bitcoin has also been booming.  It is indeed tough to decide where to put your investment dollars.

OP still has a few days to go before executing the second part of his strategy.
We still have to see how bitcoin's price moves around the time of the halving.

FruitBucket
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July 06, 2016, 12:30:00 PM
 #10

OP did you end up selling anything?   US stocks have been on a tear as of late, and the whole brexit thing seems to have not mattered in the least.   Then again, bitcoin has also been booming.  It is indeed tough to decide where to put your investment dollars.

OP still has a few days to go before executing the second part of his strategy.
We still have to see how bitcoin's price moves around the time of the halving.

I will just buy the bitcoin when the price is below $630 and and sell when the price is over $680. It will trade within the range.

Erzatium
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July 06, 2016, 01:47:28 PM
 #11

OP did you end up selling anything?   US stocks have been on a tear as of late, and the whole brexit thing seems to have not mattered in the least.   Then again, bitcoin has also been booming.  It is indeed tough to decide where to put your investment dollars.

OP still has a few days to go before executing the second part of his strategy.
We still have to see how bitcoin's price moves around the time of the halving.

That's correct although i don't see the price go up anymore. My feelings is this is all to it.
Having stocks at the moment would be a wise choice at the moment.
Altynbekova
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July 06, 2016, 01:51:52 PM
 #12

Yeah sell you stock to buy more Bitcoins because Bitcoin is the better investment of the two if you really want to make money.
You will have to be patient with Bitcoin but that does not matter because you are going to make money.
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July 06, 2016, 03:33:08 PM
 #13

Buy Facebook on every dip.  I sold FB in 2014 @ $57 and now I totally regret it. But I had do it to for another big expense, so I guess it wasn't a total regret.
Oh you reminded me that i have sold my FB asset at 40$ price on past but that is in etoro platform and i remember that i have bought those for 20$ which i have got there as free bonus. I earned that for free so no regret.  Wink

Instead i haven't bought bitcoin at that time with those 40$, and i regret on that  Sad

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July 06, 2016, 04:06:34 PM
 #14

Yeah sell you stock to buy more Bitcoins because Bitcoin is the better investment of the two if you really want to make money.
You will have to be patient with Bitcoin but that does not matter because you are going to make money.
Yeah bitcoin is unpredictable and also the price of bitcoin is increase because its always depends in demand and supply.. block halving is coming and our supply will be decrease more and i think we are also increasing population using bitcoin so the price should be rise more price will come in the future and more people are using bitcoin..

Solving blocks can't be solved without my rigs.
FruitBucket
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July 07, 2016, 07:38:41 AM
 #15

Yeah sell you stock to buy more Bitcoins because Bitcoin is the better investment of the two if you really want to make money.
You will have to be patient with Bitcoin but that does not matter because you are going to make money.
Yeah bitcoin is unpredictable and also the price of bitcoin is increase because its always depends in demand and supply.. block halving is coming and our supply will be decrease more and i think we are also increasing population using bitcoin so the price should be rise more price will come in the future and more people are using bitcoin..

If the block size is 2MB or higher, and the transaction confirmation is faster, there will be more users.

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July 10, 2016, 01:11:12 AM
 #16

Bitcoin heading back down to $500 in my opinion  Grin
FruitBucket
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July 12, 2016, 07:02:42 AM
 #17

Bitcoin heading back down to $500 in my opinion  Grin

Not necessary. The price of bitcoin will trade between $550 to $750 in the next 2 to 4 months or longer.

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July 13, 2016, 02:44:26 PM
 #18

That is not a bad idea but if you were doing good with the whole stock thing then I would not give it up for Bitcoin. You can also choose to do both.
If you do both you can make money on both platforms which is even better because you have more sources of income then.
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July 13, 2016, 02:53:35 PM
 #19

Two weeks later re buy..?

If you sold "two weeks later," (on the 8th) you would have lost a trifling sum. If you sell now? Would still lose a trifling sum.
This, of course, assumes zero fees all around, and sub-par performance from your stocks.
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July 13, 2016, 09:35:25 PM
 #20

That is not a bad idea but if you were doing good with the whole stock thing then I would not give it up for Bitcoin. You can also choose to do both.
If you do both you can make money on both platforms which is even better because you have more sources of income then.

You can hedge 50/50 if you like, but  be aware that if either your btc or your stocks go to the moon you will only realize 50% gainz....
I think stocks are going to take a hammering, I am fairly sure holding btc would be the better deal overall but we all have different tolerances to risk /Reward ratio and time frames...
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