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I just bought $200,000 of Bitcoin

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On 11/22/2022 at 11:31 PM, ozimoron said:

Why would anybody be sorry they sold crypto? None of them have made money out of HODLing in the past year..

HODL does not mean buying and holding for 1 year

  • Replies 1.6k
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  • Are you posting to boast you can afford to write off the money or to tell us about your mental health?

  • Could evaporate much faster in crypto!

  • As far as I can tell , it is pyramid scheme dependent on the greater fool theory,  Schemes like that work well until there is no greater fool and you are the greater fool. 

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On 2/15/2022 at 4:07 PM, Pravda said:

I'm a total crypto sceptic. Check my past posts. But for the love of god there is a double digit inflation worldwide and I just can't in good faith watch my savings evaporate. 

 

The hedge funds will be pumping this worthless crypto to the moon. Let's see if I'm right or wrong.

 

Good luck to me.

Whats your profit now? good on you for taking the risk. 

On 2/17/2023 at 3:11 PM, FritsSikkink said:

I am not a gambler, for me it is worth nothing.

Duh. Its worth $usd 44,310.90 at this very minute. 

 

Your comment makes you look foolish. How do you feel about yourself. You could have doubled your money

18 hours ago, advancebooking said:

Duh. Its worth $usd 44,310.90 at this very minute. 

 

Your comment makes you look foolish. How do you feel about yourself. You could have doubled your money

I got 4 houses here, what about you?

23 hours ago, advancebooking said:

Duh. Its worth $usd 44,310.90 at this very minute. 

 

Your comment makes you look foolish. How do you feel about yourself. You could have doubled your money

 

Foolish are the people who need to double their money in a year or two. 

 

If i doubled mine, i'd still have 7 figures gbp, therefore no need for silly risks. Equity funds should x3 or x4 over 20 or 30 years. 

  • 3 weeks later...
  • Popular Post

Bitcoin doing very well today

 

Screenshot 2024-01-02 112004.png

buy the rumor sell the news. etf's will be announced soon. 

3 hours ago, stoner said:

buy the rumor sell the news. etf's will be announced soon. 

 

I wouldn't sell this news when/if it comes. It fundamentally changes the entire market.

 

I do expect potential 'turbulence' on the day

On 12/10/2023 at 11:48 AM, noobexpat said:

 

Foolish are the people who need to double their money in a year or two. 

 

If i doubled mine, i'd still have 7 figures gbp, therefore no need for silly risks. Equity funds should x3 or x4 over 20 or 30 years. 

Who says we need to?

When did you first hear about Bitcoin?

2 hours ago, Neeranam said:

Who says we need to?

When did you first hear about Bitcoin?

 

I say. You're all skint. Its obvious! 55

Why do you keep asking that dumb question??

 

5 hours ago, noobexpat said:

 

I say. You're all skint. Its obvious! 55

Why do you keep asking that dumb question??

 

Because you probably only heard about Bitcoin last year, or you would not avoid the question.

4 minutes ago, Neeranam said:

Because you probably only heard about Bitcoin last year, or you would not avoid the question.

 

You've already asked it before and i answered.

I don't need a decade to spot a greater-fool-theory ponzi scheme.

 

@pravda you are now in profit and will reap the great rewards of HODLing, well done!

On 1/3/2024 at 4:52 PM, noobexpat said:

 

You've already asked it before and i answered.

I don't need a decade to spot a greater-fool-theory ponzi scheme.

 

You never answered.

 

I'd hate to have you as a financial advisor, yet you think you know more than Lary Fink of Blackrock and many other top financial advisors. Simple fact, you know nothing about BTC so attack it.

On 12/9/2023 at 12:36 PM, advancebooking said:

Duh. Its worth $usd 44,310.90 at this very minute. 

 

Your comment makes you look foolish. How do you feel about yourself. You could have doubled your money

He must feel foolish, he has been NOT buying Bitcoin since it was $1,000 :cheesy:

3 minutes ago, Neeranam said:

You never answered.

 

I'd hate to have you as a financial advisor, yet you think you know more than Lary Fink of Blackrock and many other top financial advisors. Simple fact, you know nothing about BTC so attack it.

 

You've got no money though, so why you need an adviser? 

 

Lary fink is trying to sell a spot crypto etf - thats why he's changed his tune after calling it a money laundering scam in 2020.

 

Blackrock won't be gambling their own money as they will use futures to mirror the crypto. They want the young tik tokers on their platform. They couldn't give a toss about crypto, only FUA and AMC's.

 

So obvious - are you blind?

2 minutes ago, noobexpat said:

You've got no money though, so why you need an adviser? 

I don't need an advisor, I've made all my money myself.

Why say I have no money?

12 minutes ago, noobexpat said:

Lary fink is trying to sell a spot crypto etf - thats why he's changed his tune after calling it a money laundering scam in 2020.

Oh dear.

This guy is the same as Jamie Dimon, who threatened to fire any of his employees if they bought bitcoin, while he just wanted to cause FUD, lower price and his bank were buying it at the same time!

 

Just now, Neeranam said:

I don't need an advisor, I've made all my money myself.

Why say I have no money?

 

In the same way that the blackrock thing is obvious to me.

Crypto offers hope of fast massive returns for those who NEED it. 

 

 

1 minute ago, noobexpat said:

 

In the same way that the blackrock thing is obvious to me.

Crypto offers hope of fast massive returns for those who NEED it. 

 

 

That's about the most ignorant thing I've read in 20 years on this Business sub forum. Well done!

 

Do you mean like Elon Musk, Mark Cubn, Paul Tudor Jones, Jack Dorsey, Tim Draper, Chamath Palihapitiya, and many other Billionaires?

Just now, Neeranam said:

That's about the most ignorant thing I've read in 20 years on this Business sub forum. Well done!

 

Do you mean like Elon Musk, Mark Cubn, Paul Tudor Jones, Jack Dorsey, Tim Draper, Chamath Palihapitiya, and many other Billionaires?

 

Again, I thought it was obvious to not bother the caveat for mega rich folks. Guess i was wrong!

  • 1 month later...
On 2/15/2022 at 5:01 PM, Pravda said:

 

To be honest I think I'll sell half at 56k. The buy is already at this price. Otherwise I may not sleep tonight 

 

 

 

 

 

 

 

 

Screenshot_2022-02-15-17-00-53-812_com.android.chrome.jpg

A few were laughing and don't know that you can't lose in BTC if you wait a couple of years. 

 

well done, you are well up

 

image.png.0ccc6a1a54e004b91c35c5718b54157f.png

  • 3 weeks later...
On 2/15/2022 at 4:41 PM, sirineou said:

As far as I can tell , it is pyramid scheme dependent on the greater fool theory, 

Schemes like that work well until there is no greater fool and you are the greater fool. 

Do you think Blackrock are fools? 

I think I know who the fools are on this thread.

On 11/22/2022 at 10:52 PM, Mac Mickmanus said:

It needs to be pointed out that El Salvador also used the US $ as a currency

El Salvador are laughing now.

On 2/15/2022 at 4:15 PM, SunnyinBangrak said:

A very ballsy move, hope it pays off for you. As I did before I plan to make a large buy a few months before the halvening, so my next major buy will be Jan 2024.

 

Did you buy?

And oh Yes, btw, i just won the powerball billion dollar lottrey....

On 2/15/2022 at 9:08 AM, Pravda said:

That's 200k Canadian and I'm up 553 bucks.

 

Great timing ... my small amount of BTC has leapt the last week. Not enough to get excited about.

Enjoy the ride.

 

Don't forget us if become billionaire 

7 hours ago, Neeranam said:

Do you think Blackrock are fools? 

I think I know who the fools are on this thread.

The ones blackrock makes money from?

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