I just bought $200,000 of Bitcoin

[Chelseafan]

18 minutes ago, Meat Pie 47 said:

Well I just bought 12 bottles of wine for 400.000 AUD at a auction

 

Ironically that's the retail price per bottle in Thailand ????

 

[Chelseafan]

Just now, Sparktrader said:

Critics everywhere. Reminds me of David Goggins quote , they cant do it so they project onto others. If you cant run 100 miles doesnt mean humans cant

 

Everything gets corrected at some point, Crypto, Stocks, Shares, House prices, Money etc

The trick is getting in and out at the right time.

 

[Sparktrader]

2 minutes ago, Chelseafan said:

Everything gets corrected at some point, Crypto, Stocks, Shares, House prices, Money etc

The trick is getting in and out at the right time.

 

Btc just had a bear market. Most indicators are bullish now.

 

[Sparktrader]

11 minutes ago, Chelseafan said:

 

Ironically that's the retail price per bottle in Thailand ????

 

For Jacobs Creek vinegar

[bendejo]

47 minutes ago, Meat Pie 47 said:

Well I just bought 12 bottles of wine for 400.000 AUD at a auction

Already drank it all? 

Could have bought a warehouse full of MD 20/20 for less! 

 

 

[shdmn]

1 hour ago, happydreamer said:

Cuz were busy trading

How do you find the time when so much of it is spent bragging on random forums.  You can do that stuff from private yachts too btw.  Have your personal IT department look into it for you.  Maybe ask them to install a spell checker while they are at it.

 

Also, turtles.  That's the key!

Edited February 15, 2022 by shdmn

[steven100]

Bitcoin +3.12%  this morning.

[sirineou]

10 hours ago, Sparktrader said:

Fiat is a pyramid scheme. Money printed daily ie its a scam. Devalued daily. Why invest in an asset that goes down daily? 

 

Bitcoin 300% pa

Shares 8% yield plus 8% pa on average growth

Property 8% pa avg

 

Only reason for fiat money is daily spend. 

 

 

 

 

 

Whether or not fiat currencies are a pyramid scheme is arguable but that does not change the fact that bit  coin profit depends on the willingness of others to buy in and pay more. Hens a pyramid scheme. But unlike a "fiat currency" it is not backed  or regulated by a goverment or any other agency. It's only security is the block chain technology and trust on those that implement it and monitor it performance. 

 

 

[malathione]

13 hours ago, freedomnow said:

 

(Are app plug-ins to CEX the only way to get a trailing sell -stop...anyone)

 

3commas has trailing stop losses as well as incremental profit taking. Under the Smart Trade section.

[baansgr]

15 hours ago, Pravda said:

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

Should have bought 2 weeks ago, 31,000

[malathione]

11 hours ago, The Hammer2021 said:

On what platform?

At what cost

In which country

In which  currency?

To what bank

Binance and Bitkub

.8%

Thailand

Baht

Krungthai

[Whale]

13 hours ago, Sparktrader said:

$1m by 2030 i think, ethereum $100k.

Sadly no use to me, I will be dead by then. But keep in mind no-one has submitted any credible math to back up those claims. Its like me saying my underpants won't stink until next Tuesday. 

[Whale]

2 hours ago, sirineou said:

profit depends on the willingness of others to buy in and pay more.

Thats capitalism, it controls all markets everywhere in anything.

[Pravda]

1 hour ago, baansgr said:

Should have bought 2 weeks ago, 31,000

 

Should have, bit I didn't. Happy with small profits.

[sirineou]

7 minutes ago, Whale said:

Thats capitalism, 

So is a Ponzi scheme , 

[Whale]

10 hours ago, Sparktrader said:

Btc up 23% in a few weeks.

Yes but who can judge the bottom, which lasted just a tiny fraction of time (3 x 1 hour candles) when we in Thailand were in bed asleep as well as when the vast majority of trades in the market were shorts at that time. And who is to say it wont be down 50% in two weeks time. I am pro crypto but hindsight is a beautiful thing that never plays out in real time.

[Sparktrader]

5 minutes ago, Whale said:

Yes but who can judge the bottom, which lasted just a tiny fraction of time (3 x 1 hour candles) when we in Thailand were in bed asleep as well as when the vast majority of trades in the market were shorts at that time. And who is to say it wont be down 50% in two weeks time. I am pro crypto but hindsight is a beautiful thing that never plays out in real time.

Chart is bullish.

[Sparktrader]

21 minutes ago, Whale said:

Sadly no use to me, I will be dead by then. But keep in mind no-one has submitted any credible math to back up those claims. Its like me saying my underpants won't stink until next Tuesday. 

Who thought Elon Musk would be worth $230bn 10 years ago?

[Sparktrader]

2 hours ago, sirineou said:

Whether or not fiat currencies are a pyramid scheme is arguable but that does not change the fact that bit  coin profit depends on the willingness of others to buy in and pay more. Hens a pyramid scheme. But unlike a "fiat currency" it is not backed  or regulated by a goverment or any other agency. It's only security is the block chain technology and trust on those that implement it and monitor it performance. 

 

 

Not correct. $ goes up and down to baht due to trading as do shares and crypto. Supply and demand.

 

Food prices go up too

[sirineou]

1 minute ago, Sparktrader said:

Food prices go up too

Food prices have Intrinsic value 

[fdsa]

You've made a mistake by putting 100% in Bitcoin, should have bought few different coins.

 

Anyway, what concerns me much more is - are your funds insured? Is ndax.io government regulated? Will you get your money back when ndax.io would get hacked?

If you are not completely sure about these questions then you should withdraw Bitcoins to a multi-sign wallet, hardware or paper, and store the private keys in a different safe places.

 

 

Edited February 16, 2022 by fdsa

[Sparktrader]

23 minutes ago, sirineou said:

Food prices have Intrinsic value 

Food is worthless in the toilet

[Sparktrader]

How much is an eaten pizza worth?

 

 

[sirineou]

Just now, Sparktrader said:

Food is worthless in the toilet

but good in your stomach

[mvdf]

Don't listen to the naysayers ???? 

Proud HODLer here too.

 

 

[Sparktrader]

7 hours ago, shdmn said:

How do you find the time when so much of it is spent bragging on random forums.  You can do that stuff from private yachts too btw.  Have your personal IT department look into it for you.  Maybe ask them to install a spell checker while they are at it.

 

Also, turtles.  That's the key!

He isnt bragging about being rich. He funded a 2 year trip. Thats 50k maybe.

 

Better than losing 6% on cash!

[Whale]

1 hour ago, Sparktrader said:

Chart is bullish.

I agree, until its not :+)

All I was saying is rather than say BTC up 23% a more realistic statement would be a) down 1% over 1 week b) up 4.2% over 1 month c) down 22.7% over 3M, d) down 11 % over 6 months e) down 15% over 1 year. The truth is the recent all time high of 69K was achieved in just an 81 day run in 2021 (and then lost to 50% loss). Thats a lot different read to someone who is new to crypto (like me). I just seek non-biased information.

Edited February 16, 2022 by Whale
typo

[Whale]

Deleted 

Edited February 16, 2022 by Whale

[Pravda]

37 minutes ago, fdsa said:

You've made a mistake by putting 100% in Bitcoin, should have bought few different coins.

 

Anyway, what concerns me much more is - are your funds insured? Is ndax.io government regulated? Will you get your money back when ndax.io would get hacked?

If you are not completely sure about these questions then you should withdraw Bitcoins to a multi-sign wallet, hardware or paper, and store the private keys in a different safe places.

 

 

 

Ndax is great. I trust it more than biance or Coinbase. Very, very safe. They started with only 4-5 coins but are expanding. Yesterday they introduced integrated staking. Right now polkadot is at 12%. 

 

I would, but I don't like polkadot. I have 21 coins held in internet computer on Coinbase. This is the only long term project I believe in.

[happydreamer]

7 hours ago, shdmn said:

How do you find the time when so much of it is spent bragging on random forums.  You can do that stuff from private yachts too btw.  Have your personal IT department look into it for you.  Maybe ask them to install a spell checker while they are at it.

 

Also, turtles.  That's the key!

Not bragging dude...stating facts.  I saw a thread on this forum that was about something thats an active pursuit of mine and I'm commenting on it with real world results.  I gave you a situation where I used bitcoin in a real world scenario, for real world purposes hence proving its legitimacy.  There's a lot of misinformation about cryptocurrency out there and I think it stems from most people not knowing anything about the underlying technology (blockchain) which is already well integrated into everyone's daily lives.

 

I have no interest in yachts or whatever it is you think people who trade do.  My entire discord trading group talks about alternative methods of earning and posts their gains and loses in public so that others can learn from it.  This is what people who are passionate about a topic do.  They share information with others.

 

I have no need or desire to convert anyone into believing that crypto currency is for them.  I don't get anything from it.  If they don't know by now they just don't know.  There's credit cards that are crypto credit cards.  Litecoin is accepted anywhere they accept Visa now.  You can get Crypto-based loans.  You can convert fiat to crypto and earn interest on it.  You can earn crypto rewards for spending fiat on credit cards.  These are all real world situations that you can look up and show practical real life uses for crypto currency.

For the record...I AM my own IT department.  I actually own a tech consulting business.  Day trading and crypto are side hustles that provide alternate streams of income unrelated to my principle stream...should I ever get bored and decide to pursue your fantasy yacht life.

Edited February 16, 2022 by happydreamer