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Old 04-22-2021, 05:31 PM   #1
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Bitcoin - anyone buying?

There has been a lot of talk about bitcoin in the news lately - new ETFs, mostly in other countries. And companies are adding it to their balance sheets.

I've been buying a little Bitcoin, Bitcoin Cash and Etherium. As of today; I'm flat. I may put about 1% of my investment money into it. I'm 1/3 of the way there and holding as it took a hit today.

If people here are buying I would say it is becoming a real investment.
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Old 04-22-2021, 05:46 PM   #2
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I have been investing in crypto for the last 4 years. I sold most of it on the last rally in 2017 and made good money but unfortunately did not re-up my position as heavily before the current rally. I sold most my holdings again after BTC crossed $60k. I would not recommend buying now. Wait till the next major correction, then buy buy buy!
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Old 04-22-2021, 05:49 PM   #3
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I have been investing in crypto for the last 4 years. I sold most of it on the last rally in 2017 and made good money but unfortunately did not re-up my position as heavily before the current rally. I sold most my holdings again after BTC crossed $60k. I would not recommend buying now. Wait till the next major correction, then buy buy buy!
4 years you must be knowledgeable. Do you have a number for the bottom of that major correction?

I have 1/4 of a bitcoin.

I"m using Robinhood and it is working well.
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Old 04-22-2021, 06:02 PM   #4
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I would be looking for the next bear market. It will be a long (2-3 year) play but I will start buying again below $40k. I want to see a 30-50% correction from all time high of $65k. I also would say to look into other coins. Its a total wild west out there. It's anyone's guess but that is my opinion. Good luck and have fun!
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Old 04-22-2021, 06:08 PM   #5
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I would be looking for the next bear market. It will be a long (2-3 year) play but I will start buying again below $40k. I want to see a 30-50% correction from all time high of $65k. I also would say to look into other coins. Its a total wild west out there. It's anyone's guess but that is my opinion. Good luck and have fun!
You're right it is a nuts market with extreme leverage; which I think some got washed out. If the stock market get hit it could get to your level fast.


Good luck.
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Old 04-23-2021, 08:05 AM   #6
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buy the dips, sell the peaks
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Old 04-23-2021, 11:11 AM   #7
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buy the dips, sell the peaks
What I noticed with Bitcoin is that you buy overnight and sell during the day.
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Old 04-24-2021, 08:51 AM   #8
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I guess I’m getting old. I watch the market and can’t get comfortable with the wild swings in Bitcoin. Just not comfortable so I watch. If it works for you great. Safe travels


Enjoy the journey
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Old 04-24-2021, 08:58 AM   #9
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I have some Ethereum that I bought less than a year ago....around $240. It's down a bit right now, but topped out a few days ago at over $2500. I'm just hanging on to it as of right now, as I believe it will go much higher over some time.
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Old 04-24-2021, 10:50 AM   #10
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I have some Ethereum that I bought less than a year ago....around $240. It's down a bit right now, but topped out a few days ago at over $2500. I'm just hanging on to it as of right now, as I believe it will go much higher over some time.
I understand that they are reducing the supply of that coin and the transaction system is a good one.
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Old 04-25-2021, 08:22 AM   #11
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I have some Ethereum that I bought less than a year ago....around $240. It's down a bit right now, but topped out a few days ago at over $2500. I'm just hanging on to it as of right now, as I believe it will go much higher over some time.

Nothing like 10x on your investment! Crypto is wild as heck but wow the gains you can realize is insane. I have many friends who have cashed some pretty insane profits but you definitely need a strong stomach and DO NOT invest more than you can afford to lose.
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Old 04-25-2021, 11:31 PM   #12
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Bitcoin - anyone buying?

You bet! Soon as I have a stroke. It's not investing - it's gambling.
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Old 04-26-2021, 06:21 AM   #13
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Bitcoin - anyone buying?

You bet! Soon as I have a stroke. It's not investing - it's gambling.
Can't win if you don't play
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Old 04-26-2021, 06:50 AM   #14
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I saw a bitcoin mining machine for sale, how do they work?
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