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Author Topic: I never held this much bitcoins.  (Read 767 times)
Cosbycoin
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October 03, 2018, 06:21:05 PM
 #81

I jus dump half my investment from stocks into btc. Now I'm fully invested in bitcoin. Before I had invested in bch and it dumped. While I converted to fiat. Long story but I'm still alive after the ath 19k n buying the dip. I thought it was going to 4k. But i guess its a good time to buy now. Best of luck.
This is the smartest move anyone has ever done that I was part of seeing. I think buying as much as you can "afford" (people keep getting loans and stuff to buy bitcoin, that is stupid, this dude bought bitcoin with half of his stock investments which means he already saved that money aside anyway) bitcoin right now at the dip is an amazing move.

If I had money I would put half of it to bitcoin as well. People who bought bitcoin at $20k levels were buying on the hype when it was ABOVE the all time high prices, whereas this dude has bought it at the lowest it has been for over 10 months now, incredible wise move.
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October 03, 2018, 09:32:18 PM
 #82

I jus dump half my investment from stocks into btc. Now I'm fully invested in bitcoin. Before I had invested in bch and it dumped. While I converted to fiat. Long story but I'm still alive after the ath 19k n buying the dip. I thought it was going to 4k. But i guess its a good time to buy now. Best of luck.
You have really made a good investment decision and buying bitcoin now should be the best thing to do now as an investor. The price may not go below were it is now and if you can buy now you will makes profits when it grow again. I believe that bitcoin is going to get to $20000 again by next year.
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October 03, 2018, 11:11:57 PM
 #83

Many had invest this year because of the high possibility price of bitcoin can increase. And the price has not yet increasing into peak price this past months so it is still good to buy btc. Many thought price of btc could go low $4k but aside from that why not invest in this level of price so good to invest still.

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October 03, 2018, 11:20:33 PM
 #84

Many had invest this year because of the high possibility price of bitcoin can increase. And the price has not yet increasing into peak price this past months so it is still good to buy btc. Many thought price of btc could go low $4k but aside from that why not invest in this level of price so good to invest still.

I agree that it's still a great time to buy, the bear market can be change any time now, usually at the end of the year there will be a rising, and even though the btc price go to 4000$, as long as it still got the ability to go up again, I don't see that as a problem


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October 04, 2018, 02:06:31 AM
 #85

For all those who bought bitcoin during the dip at 5,000$, i know they already have good profit as bitcoin reaches to more than 6,000$ since then. Holding on and buying more during the dip is what we really need in order to have a good profit when bitcoin pumps.

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October 04, 2018, 08:08:32 AM
 #86

I jus dump half my investment from stocks into btc. Now I'm fully invested in bitcoin. Before I had invested in bch and it dumped. While I converted to fiat. Long story but I'm still alive after the ath 19k n buying the dip. I thought it was going to 4k. But i guess its a good time to buy now. Best of luck.

The question here isn't how much you bought, but when did you get in. You haven't really mentioned when you sold off your stocks, but if you can see, stocks are also not left behind when it comes to dumps and they're also crashing except the USD which is gaining a lot of traction in forex markets degrading each of its opponent currencies. The only reason Bitcoin is down is the interest of investors has shifted back to USD and they're not much interested in crypto anymore. Bitcoin is weak and we need to wait in order to see if these investors come back with full force to give back the boost crypto had in previous year. If you've bought during this dip, I believe your decision is 50% wise and 50% stupid, wise because you entered where there's blood on the streets and stupid because you went all in. I have a suggestion here, either sell some % of your current investment or buy in any token (with some BTC) of which the project is worth investing.

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October 04, 2018, 09:03:54 PM
 #87

I jus dump half my investment from stocks into btc. Now I'm fully invested in bitcoin. Before I had invested in bch and it dumped. While I converted to fiat. Long story but I'm still alive after the ath 19k n buying the dip. I thought it was going to 4k. But i guess its a good time to buy now. Best of luck.
Just be careful, because even if I think that you did a good investment by moving from stocks to bitcoin because the profits that you are going to get if you are able to hold for the long term are incredible, so you will need to make sure that your coins are safe, and there is no better way to hold your coins than to have a hardware wallet that you know is going to protect your coins from most attacks coming from hackers.

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October 04, 2018, 10:36:39 PM
 #88

Due to unpredictable market and long dips, definitely people are still holding btc for they think that it will grow more in the last quarter of this year. But for those you are buying btc during last year ATH,  it surely they are still in troubled and only few of them are btc holder, they possible converted it into fiat money or altcoins.



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October 05, 2018, 12:46:18 AM
 #89

All of the people are holding their bitcoin cuz they think bitcoin will go up a lot and they will make some profit ,in fact bitcoin will drop again more and they will lose all of their money. Bitcoin is not what is was,its not stablenow , anythin  can happen .
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October 05, 2018, 07:17:34 AM
 #90

I also hope that October will bring us good luck, because I also convert most of my property (Altcoin and USDT) into Bitcoin like you!
I think situations of previous year were worse than the ongoing year that is reflecting that we are going well. If we have Bitcoins then the relevant strategy is to hold it as long as you hold it then you a time will come when it will have higher value that time you can sell out your coins. Your investment will payoff the most if you have it right now and if not then you will not find any other opportunity that we have currently.
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October 05, 2018, 10:19:40 AM
 #91

I jus dump half my investment from stocks into btc. Now I'm fully invested in bitcoin. Before I had invested in bch and it dumped. While I converted to fiat. Long story but I'm still alive after the ath 19k n buying the dip. I thought it was going to 4k. But i guess its a good time to buy now. Best of luck.

I think its time for buying more bitcoin. Bitcoin price already drop more than 60% from ATH and i am believe the price will recover soon or later. Better make long term investment on bitcoin because bitcoin have biggest liquidity in market and more people will invest in bitcoin
Well, half investment from stocks to bitcoin is not a bad deal; at least, as that shows you are trying to touch all zones of the market. Now, it is a good thing that the OP understands the market could go lower, and he is still willing to take the chance anyway, but I would have advised him to allow the market to really make a decision before even making such a huge decision.

At least, since he has been in the stock market, he should have some little understanding of how market works, and knowing we are in a descending triangle, and the market breaks lower, we may not be sure yet how low it gets until we get there.
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October 05, 2018, 10:42:44 AM
 #92

I think you are currently lucky because you can buy bitcoin at a very cheap price so you should be able to grow bitcoin that you have more and take advantage of all the cryptocurrency price movements to find a lot of profits.
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October 05, 2018, 11:37:40 AM
 #93

In the middle of downtrend almost a year i think you're one  from most people who dare to sold your asset to buying bitcoin and i think you're right that the best time to buy is the current price but investing in bitcoin is more risky than stocks and if the price more dip than now someday i hope you will never regret your decission

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October 05, 2018, 05:17:42 PM
 #94

This is indeed the best time to buy at low prices and make your portfolio diverse. BCH was a manipulated coin which was profitable only for the founders. Try to invest in variety of coins which have potential and can grow in future.

According to many investors and experts, this year would in a positive note.
It is really one of the best moves I have seen so far for someone who really knows what he is doing and for sure with some of his experience in the stock market, he is channeling half of that into this space and going for bitcoin most especially, is a brilliant move as far as I am concerned. The thing about investing now is that you are being given a chance to go back in time to take advantage of the fact that you did not invest back then and then you are here now. The markets is still growing and believe me, it is just starting with a whole lot of development, mass adoption and real life usage to come and by then, I am sure the OP would be happy he made this decision.
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October 05, 2018, 07:10:52 PM
 #95

If you hold a large sum of bitcoin is better to hold for a higher price. As i read you think bitcoin will go over 300k$ , but in my opinion it can reach that so soon, i think it can go to that value starting from 2025 not before, and this depends from some factors, how much will electricity will be needed , and how new miners will work then.
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October 05, 2018, 11:11:27 PM
 #96

During the past dips of bitcoin, i have bought a good chunk on that and i am really glad that i have bought it in such a low price and i am also happily holding it until the bullish trend will come.

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October 05, 2018, 11:57:20 PM
 #97

If you hold a large sum of bitcoin is better to hold for a higher price. As i read you think bitcoin will go over 300k$ , but in my opinion it can reach that so soon, i think it can go to that value starting from 2025 not before, and this depends from some factors, how much will electricity will be needed , and how new miners will work then.
Besides the wait might come to end by next year so keep your guard , it will be a big lose if you sell it by now.

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October 06, 2018, 11:41:52 AM
 #98

I jus dump half my investment from stocks into btc. Now I'm fully invested in bitcoin. Before I had invested in bch and it dumped. While I converted to fiat. Long story but I'm still alive after the ath 19k n buying the dip. I thought it was going to 4k. But i guess its a good time to buy now. Best of luck.
You have really made a good investment decision and buying bitcoin now should be the best thing to do now as an investor. The price may not go below were it is now and if you can buy now you will makes profits when it grow again. I believe that bitcoin is going to get to $20000 again by next year.
I really like it when I see people setting their priorities straight and going for what they believe in and for the OP to have made this decision and even put his funds directly into bitcoin, that shows entirely how much he must have done all his research, know what he wants and looking forward to the future.

Really, the best time to always be going in is when the market is in a dip and you are more like given a good chance to be buying at a discount. Who does not like discount, except for someone who does not see a value in what is being given to them. There is a great value here beyond just the price for those who are looking at the long term.
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October 06, 2018, 04:11:01 PM
 #99

I think you are currently lucky because you can buy bitcoin at a very cheap price so you should be able to grow bitcoin that you have more and take advantage of all the cryptocurrency price movements to find a lot of profits.
Luck has nothing to do with it, buying bitcoin and holding it despite the terrible circumstances surrounding the price is not something that happens at random, it is something that happens because people are completely convinced about what they are doing and only a small fraction of the people holding bitcoin can do that and those are the ones that are going to get great profits.

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October 06, 2018, 07:00:47 PM
Last edit: October 07, 2018, 06:46:44 PM by sublime5447
 #100

right, this is the most valuable time now if you want to infest on bitcoin. take advantage of the moment, no need to look at the past that has happened and fall. this mid-year has also been a good start, for currency investors viat to crypto. Good luck

and you also have to remember not to put all your capital as a bitcoin investment, my advice is you also have to prepare properly the conditions that will occur in the future, for example the price drops you can still make ends meet with the remaining capital you have. dividing capital into two is very good to use for investment and for daily needs.
Yes because if you put all of your capital just in bitcoin then it will be difficult when the price is falling like now, where you will panicked and lose your money. There is nothing wrong to invest in two investments because there’s a time you don't expect you will need an emergency fund and quickly withdraw it into paper money. Use investment as accurately as possible and don't be tempted by a high price so you only focus in one investment.
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