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/biz/ - Business & Finance

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4834748 No.4834748 [Reply] [Original]

once the normierush is over, how much will it dip?

>> No.4835048

When did you buy it?

One of my recent purchases was .05btc at $10,000AUD which I just sold at $20,000AUD and have some other ones riding.

Have you heard of dollar cost averaging mate? I don't know if the people around here do it, I think maybe 1/20 actually have the cashflow (a job) to buy assets regularly.

>> No.4835423

>>4835048

2012, so don't really have much to lose. I have around 2 eth so I'm considering moving everything to eth for future gains

>> No.4835652

>>4835423
Yeah I guess the question is what would you need the thousand bucks for, or if you can afford (and if the transaction fees arent too high) to pull it out and drip it back in over time in case it goes down, where you get to buy in an increasingly cheaper prices at the expensive milder potential growth in the short term.

>> No.4835664

>>4834748
Buy alts and let it all ride on them dumbass.

>> No.4835697

>>4835048
Do you buy daily/weekly, automated or manually?

>> No.4835725

>>4834748
BTC is just now reaching the price that it "should" be per logerithmic regressive growth. That combined with the fact that it's been undervalued for the past three years and all of the mainstreem nonsence... we are looking at a peak from 100-300k in 2018. If you want to be absolutely safe, I can guarentee that if you throw everything you have into BTC and sell at 70k you will be safe

>> No.4835731

>>4834748
i would honestly buy more. it could always dip, but once it does, youll get greedy and miss the opportunity. eventually, you get mad at yourself some time later and buy in at a price that was much higher than before. so just buy.

>> No.4835746

>>4835697
I'm big into finance but new to Crypto so I just buy in weekly while I do research on asset classes and alt-coins etc.

>> No.4835916
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4835916

>>4835725

interesting, but define "undevalued" for me please. until last week I thought people were gonna break at 10k and dump everything, but now I don't know where the gains will stop. at the same time, I don't think Bitcoin is scalable with how hard it is to mine currently.

also, how does quantum computing affect Bitcoin going forward? safety and mining wise?

>> No.4836106
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4836106

>>4835916
Undervalued defined in pic related. Stop looking at the value per BTC and start looking at marketcap and adoption. I'm currently working on a mining project with 10-20 s9s running in a shed... 2018 will be the most profitable year for mining thusfar. I also have gpu miners for dual-mining monero/ether

Don't worry about the Iota quantum computing fud. Great investment, but this will only be big after BTC becomes worldwide-big. IOTA will be outcompeted by better tech in that time

>> No.4836252

>>4835725
theres not enough people willing to inject money in the bitcoin market in order for it to get to 70k

>> No.4836322

>>4836252
wow, dumb post... that only puts BTC at 1 Trill market cap...

>> No.4836408

I have 15 dollars in my bank account, all my bills are paid. Should I buy 15 dollars worth of BTC?

>> No.4836486

>>4836408
no, this is the worst time to buy BTC, don't waste your $15. Buy EOS, you can get about 3 EOS and that will double your $15 by the end of the month.

BTC is probably going to lose you ~$3 when it dips from its current price.

>> No.4836531

>>4836486
ew. fuck off with your ethereum alt fettish. buy coins with a fixed supply like BTC or XMR