I need bitcoin to be $690 to break even.....will I make it?

[traderbit]

just had a friend that bought over 6K USD @ 3500ish...he's bummed...but at least said he doesn't lose a dime til he sells...think he'll be just fine

[1715610173]

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[expert4knowledge]

To be honest I consider little chance for bitcoin price goes to that amount but there is a little chance for being so while no one can ensure about it.

[GreenStox]

My friend earned 500% returns on altcoins, and me about 200%.

Why wait for bitcoin when you can trade altcoins. Just get your bitcoins turned into altcoins, and then trade them, then after you won, convert back to bitcoin.

It wont go lower than this, 200€ is the floor

[Amph]

My friend earned 500% returns on altcoins, and me about 200%.

Why wait for bitcoin when you can trade altcoins. Just get your bitcoins turned into altcoins, and then trade them, then after you won, convert back to bitcoin.

It wont go lower than this, 200€ is the floor

because that just luck, trading altcoin is much more about luck, because there are many of them and each of those alt are fucking unstable and super volatile, unless you are a part of group of pumper and can manipulate quite well the price, you will end up losing, but it is also obvious that between many losers there must be some winner

[GreenStox]

My friend earned 500% returns on altcoins, and me about 200%.

Why wait for bitcoin when you can trade altcoins. Just get your bitcoins turned into altcoins, and then trade them, then after you won, convert back to bitcoin.

It wont go lower than this, 200€ is the floor

because that just luck, trading altcoin is much more about luck, because there are many of them and each of those alt are fucking unstable and super volatile, unless you are a part of group of pumper and can manipulate quite well the price, you will end up losing, but it is also obvious that between many losers there must be some winner

I`m not part of any group but me and my friend already made more than 100$ from trading alone, and on yobit, so thats says something about talent.

You have to have it in your blood i think. Also market manipulation is plain obvious here, all data is public so you can see what you need, this isnt like some shady forex broker.

[Amph]

My friend earned 500% returns on altcoins, and me about 200%.

Why wait for bitcoin when you can trade altcoins. Just get your bitcoins turned into altcoins, and then trade them, then after you won, convert back to bitcoin.

It wont go lower than this, 200€ is the floor

because that just luck, trading altcoin is much more about luck, because there are many of them and each of those alt are fucking unstable and super volatile, unless you are a part of group of pumper and can manipulate quite well the price, you will end up losing, but it is also obvious that between many losers there must be some winner

I`m not part of any group but me and my friend already made more than 100$ from trading alone, and on yobit, so thats says something about talent.

You have to have it in your blood i think. Also market manipulation is plain obvious here, all data is public so you can see what you need, this isnt like some shady forex broker.

yes there is some skill behind it, but with altcoin the luck is more strong, because of their not secure nature compared to bitcoin, which is far stronger

but it could just be a streak luck or something, i was doing something akin in the past with doge, 4-5 successful, big shorting, with which i double two times my doge stash

btw what altcoin are you trading?

[odolvlobo]

My friend earned 500% returns on altcoins, and me about 200%.

Congratulations on your luck, but wait a second. In order for your friend to earn a 500% return on altcoins, somebody had to lose 67% on altcoins.

Your friend is lucky that he is the winner and not the loser in that trade. But next time, who knows?

[kenbytes]

I have no doubt that BTC will reach $1000 within next two years. I just wonder when the price will always be higher than $1000.

[Amph]

My friend earned 500% returns on altcoins, and me about 200%.

Congratulations on your luck, but wait a second. In order for your friend to earn a 500% return on altcoins, somebody had to lose 67% on altcoins.

Your friend is lucky that he is the winner and not the loser in that trade. But next time, who knows?

an increase of 500% corresponds to a decrease of a 83.3% not 67%

other examples of what i'm saying

increase of 100%(x2) = decrease of 50%

increase of 50% = decrease of 33.3%

increase of 33.3% = decrease of 25%

then we have 300 is equal to a decrease of 75%, with 400% you have 80% and with 500% you have 83.3% and so on

but maybe you mean something else...

[odolvlobo]

My friend earned 500% returns on altcoins, and me about 200%.

Congratulations on your luck, but wait a second. In order for your friend to earn a 500% return on altcoins, somebody had to lose 67% on altcoins.
Your friend is lucky that he is the winner and not the loser in that trade. But next time, who knows?

an increase of 500% corresponds to a decrease of a 83.3% not 67%
...
but maybe you mean something else...

You are right. My error in basic arithmetic.

[techgeek]

I have no doubt that BTC will reach $1000 within next two years. I just wonder when the price will always be higher than $1000.

I see it too, but not for the same reason as some people predict, but more on greeces continue problem.

And never ending crippling money movements with people wanting to buy more bitcoin.

[Erdogan]

My friend earned 500% returns on altcoins, and me about 200%.

Congratulations on your luck, but wait a second. In order for your friend to earn a 500% return on altcoins, somebody had to lose 67% on altcoins.

Your friend is lucky that he is the winner and not the loser in that trade. But next time, who knows?

Fundamental misconception. In the trade, both parties win, that is the sacred truth of the free market. In the next trade, there are also two winners. The loss occurs between the two trades, when the coin that a trader holds, depreciates. The loss has nothing to do with the other two traders.

[txbtc]

Personally I think bitcoin is only just getting started but it's going to be a turbulent time in the beginning which I still believe it is. If you believe in the technology and its possibilities keep holding, if not maybe you should get out when you next can, but I'd hold for at least a little while longer.

[oiul]

Depends on how much time you can afford to wait. Sometime it will break this price, no matter what.

[extrabyte]

Buying and selling at a loss is, most of the time, either due to the investor having panicked (seems not in this case) or the investor having used money he couldn't lose and pulled out before potentially losing it all

[GreenStox]

If you look at the price of litecoin rise recently its quite amazing how it was around 1.20 to 1.40 and then all of a sudden it can sustain a rise to $3 and stay there.  Crypto can move up and sustain prices fast is the lesson.  You ill see those prices again OP dont worry

Litecoin got shilled up, because it has a strong social presence. Bitcoin has a worse social media presence, yes bitcoin is much bigger, but c`mon, we need to shill on  social media about bitcoin too, or we lose this opportunity.

1 billion people on facebook, c`mon put your fingers to the work

[ivanst776]

some people that bought at $1,000  they aren't too happy. However, if they can hold for a few more years I'm sure we will surpass 1k easily.

[photon_coin]

eventually , yes


be patient


should eventually surpass that



unless..................... 



a few members of the dev team turn it into the proposed altcoin xt


then i would be a little worried

Will I make it?

[Netnox]

Of course, just some more patience.

[bitcoinarchitecture]

Bitcoin is moving sideways till 2016, then price will go up again!