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$21k in BTC

Discussion in 'Cryptocurrency' started by David Mali, Jan 3, 2021.

  1. David Mali

    David Mali Affiliate affiliate

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    Hey Guys
    i invested in BTC when the value was 8k
    logged in my account and was impressed !! 33k?!

    [​IMG]

    is it really going for $50k ? or should i cash out
     
    Honeybadger and Zucososh like this.
  2. Voluum
  3. Graybeard

    Graybeard Well-Known Member affiliate

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    Paper profits are just that.
    Who knows?
    I do know this : There is no such thing as a bad profit and pigs always lose when speculating.
    Make sure your initial *investment* is cashed out.
     
    Last edited: Jan 3, 2021
    Honeybadger and David Mali like this.
  4. Hungryforaction

    Hungryforaction Affiliate affiliate

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    If you don't need it, keep it. It's prognosis is to increase to a value of $200.000+ , but since it's crypto, you never know what will happen in the mean time. ;)
     
    Honeybadger likes this.
  5. David Mali

    David Mali Affiliate affiliate

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    just afraid bro, it can crash any moment
     
    Honeybadger likes this.
  6. David Mali

    David Mali Affiliate affiliate

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    scared to cash out and the value rises, but also scared not cashing out and crashes
     
    Honeybadger likes this.
  7. Graybeard

    Graybeard Well-Known Member affiliate

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    Hedge your bets. It's not seen as a real 'investment' by me --but nothing wrong with making money speculating.
     
    azgold and Honeybadger like this.
  8. David Mali

    David Mali Affiliate affiliate

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    Why it's not a real investment ?
     
    Honeybadger likes this.
  9. Graybeard

    Graybeard Well-Known Member affiliate

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    BTC down $1,000 USD this morning :D
    I don't invest in air ... Commodities, FOREX now digital currency is just speculation. Commodities contracts are products deliverable FOREX government issued currencies have a basis. Bitcoin can only be traded --it's no 'money' in the real sense. Still, I wish I had bought 100 bitcoin in 2011 LOL
    Any fundamentals in digital currency are whimsical
    Anyway --you never sell at the absolute top (or bottom)
    make that down $1,200 lost 200 in 10 min~
    good luck to the winners :D
     
    Honeybadger likes this.
  10. Zucososh

    Zucososh Affiliate affiliate

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    Wow! That's great :)
    It's too hard to predict
     
    Honeybadger likes this.
  11. Honeybadger

    Honeybadger Affiliate affiliate

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    Do you withdraw any dividends from your Bitcoin investment?
     
  12. Graybeard

    Graybeard Well-Known Member affiliate

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    Dividends :D poor choice of words --Bitcoin is not a security it is personal property in most legal jurisdictions.

    Withdraw capital gains (profit)
    Sell part of or all is the best analogy.
    just now lolz
    upload_2021-1-9_9-28-0.png
    Don't get burned ...
     
  13. Graybeard

    Graybeard Well-Known Member affiliate

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    [​IMG]

    Sort of says it all ;)
     
    azgold and T J Tutor like this.
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