Supdawg Posted April 12, 2018 Report Share Posted April 12, 2018 https://www.bloomberg.com/news/articles/2018-04-12/crypto-hedge-fund-pantera-capital-says-bitcoin-has-bottomed-out Link to post Share on other sites More sharing options...
Supdawg Posted April 14, 2018 Report Share Posted April 14, 2018 And for those who cry about the "gambling" of bitcoin, see exhibit A: Looks like a sure win "gamble" to me. Link to post Share on other sites More sharing options...
pat Posted April 14, 2018 Report Share Posted April 14, 2018 1 hour ago, Supdawg said: And for those who cry about the "gambling" of bitcoin, see exhibit A: Looks like a sure win "gamble" to me. These graphs are often missleading as they do not reflect the actual prices you see cashing out. How much have you actually made cashing out of Bitcoin? Link to post Share on other sites More sharing options...
Supdawg Posted April 14, 2018 Report Share Posted April 14, 2018 1 hour ago, patsplat said: These graphs are often missleading as they do not reflect the actual prices you see cashing out. What ? That makes no sense. The price you sell at is the price you receive less fees which are small. Not sure I understand the statement . Link to post Share on other sites More sharing options...
pat Posted April 14, 2018 Report Share Posted April 14, 2018 3 hours ago, Supdawg said: What ? That makes no sense. The price you sell at is the price you receive less fees which are small. Not sure I understand the statement . The process a security sells at is not necessarily the one that was listed when a sell order was placed. Have you realized any actual cash gains on Bitcoin? Or are you still holding? Link to post Share on other sites More sharing options...
Supdawg Posted April 14, 2018 Report Share Posted April 14, 2018 4 hours ago, patsplat said: The process a security sells at is not necessarily the one that was listed when a sell order was placed. Have you realized any actual cash gains on Bitcoin? Or are you still holding? Yes I have realized gains in btc, but the vast amount of money is in the alt coin market. Yes when it comes time to cash I will sell to bitcoin and convert to fiat. To answer your question you control the dollar amount of what you sell for. You can market sell or you can limit sell. When you limit sell you set the price of the sell in use. There are no tricks. Just sell at the price you want. Just like stocks. Link to post Share on other sites More sharing options...
Titans_Win_Again Posted April 15, 2018 Report Share Posted April 15, 2018 (edited) 18 hours ago, patsplat said: These graphs are often missleading as they do not reflect the actual prices you see cashing out. How much have you actually made cashing out of Bitcoin? Yes, these are accurate BTC/USD exchange values. https://www.gdax.com/trade/BTC-USD this is the biggest American exchange, you can trade BTC for $ instantly and have the $ transferred to your bank account in a couple days. I've done this personally several times. Edited April 15, 2018 by Titans_Win_Again Link to post Share on other sites More sharing options...
pat Posted April 15, 2018 Report Share Posted April 15, 2018 18 hours ago, Supdawg said: Yes I have realized gains in btc, but the vast amount of money is in the alt coin market. Yes when it comes time to cash I will sell to bitcoin and convert to fiat. To answer your question you control the dollar amount of what you sell for. You can market sell or you can limit sell. When you limit sell you set the price of the sell in use. There are no tricks. Just sell at the price you want. Just like stocks. 9 hours ago, Titans_Win_Again said: Yes, these are accurate BTC/USD exchange values. https://www.gdax.com/trade/BTC-USD this is the biggest American exchange, you can trade BTC for $ instantly and have the $ transferred to your bank account in a couple days. I've done this personally several times. My experience has been that exchanges have a large window to fulfill and order, and thus can pick the worst moment to complete your sale. By large I mean in comparison to the volatility of the market. Have also seen folks who put money into BTC without understanding the process of getting it out. Not understanding how the orders work is a sure fire way to lose out. Number9 1 Link to post Share on other sites More sharing options...
Supdawg Posted May 2, 2018 Report Share Posted May 2, 2018 Still time to get into the markets... Overall Crypto Market cap has increased ~60% in the past month. This is just the first leg in a super cycle that will have the overall cap > 1 Trillion $. So many beautiful setups across the board. It's still not too late to get in and make a lot of money this year. Link to post Share on other sites More sharing options...
Titans_Win_Again Posted May 3, 2018 Report Share Posted May 3, 2018 If the SEC announces next week that Ethereum is considered a commodity not a security, I expect it will hit 900$ and bring the rest of the crypto market up along with it. Let's hope they stick with the hands off approach they've shown so far. Link to post Share on other sites More sharing options...
Starkiller Posted May 9, 2018 Report Share Posted May 9, 2018 https://www.cnbc.com/2018/05/09/astrology-is-telling-ex-nfl-star-ricky-williams-to-invest-in-bitcoin.html?__source=twitter|main Former pro running back Ricky Williams' NFL career was anything but conventional, so it should come as little surprise that his financial advice is also unorthodox. Williams has spent a chunk of his post-football life studying everything from holistic medicine to astrology and he tells CNBC Make It that the studying the cosmos actually informed his decision to invest in the recent cryptocurrency boom. "When I look at things, I tend to look at astrology to get insight," says Williams, who tells CNBC Make It that his readings of astrological charts have pointed him in the direction of Bitcoin. "The insight that got me interested in Bitcoin was the planet Uranus is about to enter into Taurus," says Williams. Uranus, he explains, "is about revolution; it's about a change in the way we do things; it's about innovation." And Taurus "is about resources and finances," says Williams. The revolutionary aspect of Uranus in astrology, combined with Taurus' focus on wealth and finance, is leading Williams to predict that, in the near future, "we're going to totally change the way we view and understand" finances, he says. ———————— Well... as long as he has a rational investment strategy... OILERMAN 1 Link to post Share on other sites More sharing options...
Supdawg Posted May 10, 2018 Report Share Posted May 10, 2018 Williams is a nut job, but he is right about investing in crypto. It's the future and he should be bullish AF. Link to post Share on other sites More sharing options...
Number9 Posted May 11, 2018 Report Share Posted May 11, 2018 I have a friend who says bitcoin will hit 1m in a few years. He has money and he's very knowledgeable of financial instruments. Even if it doesn't hit there, it's going well past where it's last peak. I'm invested in R.E. and securities, but I'm tempted to hold some coin. My trouble with it was the last time it went really high, I couldn't get my money out-immediately. Link to post Share on other sites More sharing options...
Jamalisms Posted May 12, 2018 Report Share Posted May 12, 2018 1 hour ago, Number9 said: I have a friend who says bitcoin will hit 1m in a few years. He has money and he's very knowledgeable of financial instruments. Even if it doesn't hit there, it's going well past where it's last peak. I'm invested in R.E. and securities, but I'm tempted to hold some coin. My trouble with it was the last time it went really high, I couldn't get my money out-immediately. It's easier to get your money stolen than to sell. Link to post Share on other sites More sharing options...
Number9 Posted May 12, 2018 Report Share Posted May 12, 2018 6 minutes ago, Jamalisms said: It's easier to get your money stolen than to sell. True. Even though someone can steal your securities, you have recourse. People used to have their R.E. stolen with phony papers and we too illiterate to get it back. Also, the law only protected certain citizens. I still don't understand bitcoin. Who is backing it? Demand. Is Demand a country or is Demand an institution? When my funds got lost at Chase, it took the Feds to get them to look for it. Say, a coin is worth 135K, you sell and have the funds deposited. Then your bitcoin holder defaults. No problem, you still have your coin, just sell somewhere else. Wait, you agent bellied up and your coin is gone. Very complicated. pat 1 Link to post Share on other sites More sharing options...
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