Feel sick yet? Price of Bitcoin went from $700 in January to $7500

Started by Inject My Lips, November 05, 2017, 07:32:17 PM

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Young

I heard about doing this with some middle eastern country who?s dollar is gonna explode soon


DrewBabyLove

I bought some but I didn?t get In early. It?s still making me money. It went up $1k a week after I purchased

Inject My Lips

Quote from: KingDrewLove on November 05, 2017, 10:45:04 PM
I bought some but I didn?t get In early. It?s still making me money. It went up $1k a week after I purchased

Wow, do you plan on investing longterm or are you gonna be withdrawing? 

DrewBabyLove

Quote from: AlmondEyes on November 06, 2017, 12:55:32 AM
Quote from: KingDrewLove on November 05, 2017, 10:45:04 PM
I bought some but I didn?t get In early. It?s still making me money. It went up $1k a week after I purchased

Wow, do you plan on investing longterm or are you gonna be withdrawing?

Naa I?m investing long term. If I would?ve got it when it was 20 cents i would withdraw and take those millions but I didn?t... I?m hoping it takes a little dip in the coming weeks so I can buy more.

DrewBabyLove

The downside to it is that 1 bitcoin is so expensive, it?s hard to reap a significant benefit from it if you don?t have money to buy a enough of a single bitcoin. 1 bitcoin can be broken into ?shares? of a bitcoin. For example if you buy bitcoin with $1000 at the price of 1 whole bitcoin at $7400, you?ll get like .135 of a bitcoin or some shit close to that... basically .135 shares. Bitcoin goes up to 50k a bitcoin and you sell your .135, you?ll get $6750 off of that $1000 investment but if you bought 1 whole bitcoin, you?ll get $50k off of that $7400 investment... takes money I make money.

Anyone who bought it when it was under $1... rich now


Admin


Navyman

Ch... I don't think it has even really begun yet. There is so much room for it to grow.

Inject My Lips

Quote from: KingDrewLove on November 06, 2017, 02:38:06 AM
The downside to it is that 1 bitcoin is so expensive, it?s hard to reap a significant benefit from it if you don?t have money to buy a enough of a single bitcoin. 1 bitcoin can be broken into ?shares? of a bitcoin. For example if you buy bitcoin with $1000 at the price of 1 whole bitcoin at $7400, you?ll get like .135 of a bitcoin or some shit close to that... basically .135 shares. Bitcoin goes up to 50k a bitcoin and you sell your .135, you?ll get $6750 off of that $1000 investment but if you bought 1 whole bitcoin, you?ll get $50k off of that $7400 investment... takes money I make money.

Anyone who bought it when it was under $1... rich now

I know ugh!  I'm so tempted to drop 7k but I can't afford to lose that much if it all goes to hell next month or so.  But then if you wait and it keeps increasing its gonna be even harder to buy a full share.

DrewBabyLove

Quote from: AlmondEyes on November 06, 2017, 03:21:49 PM
Quote from: KingDrewLove on November 06, 2017, 02:38:06 AM
The downside to it is that 1 bitcoin is so expensive, it?s hard to reap a significant benefit from it if you don?t have money to buy a enough of a single bitcoin. 1 bitcoin can be broken into ?shares? of a bitcoin. For example if you buy bitcoin with $1000 at the price of 1 whole bitcoin at $7400, you?ll get like .135 of a bitcoin or some shit close to that... basically .135 shares. Bitcoin goes up to 50k a bitcoin and you sell your .135, you?ll get $6750 off of that $1000 investment but if you bought 1 whole bitcoin, you?ll get $50k off of that $7400 investment... takes money I make money.

Anyone who bought it when it was under $1... rich now

I know ugh!  I'm so tempted to drop 7k but I can't afford to lose that much if it all goes to hell next month or so.  But then if you wait and it keeps increasing its gonna be even harder to buy a full share.

I see it hitting 20k by this time next year... but of course there?s significant risk involved. This currency is still a fresh idea with little to no regulation.