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Forums - PC Discussion - i just bought 100 dollars in bit coin stuff, now what?

Moneybags said:
Yea bought me $6000 worth on July 25. Seemed like a good decision after seeing it rise all year. Hoping it keeps going up$$$$$=)

I did this in June.



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Insidb said:
Moneybags said:
Yea bought me $6000 worth on July 25. Seemed like a good decision after seeing it rise all year. Hoping it keeps going up$$$$$=)

I did this in June.

Oh yea?! how much did you put in? Wasnt it amazing to see it hit $5000 a coin?!=O



Moneybags said:
Insidb said:

I did this in June.

Oh yea?! how much did you put in? Wasnt it amazing to see it hit $5000 a coin?!=O

I've been buying and buying, think about capping at a total investment of 10: it's hard to stop, though.



Insidb said:
Moneybags said:

Oh yea?! how much did you put in? Wasnt it amazing to see it hit $5000 a coin?!=O

I've been buying and buying, think about capping at a total investment of 10: it's hard to stop, though.

how confident are you feeling right now Mr long??



I sold out last night. I feel like such a pussy. I still have a coin on bittrex though.



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Trade it for real money.



 

 

Moneybags said:
Insidb said:

I've been buying and buying, think about capping at a total investment of 10: it's hard to stop, though.

how confident are you feeling right now Mr long??

I committed to it months ago, so I'm not going to worry about it.

BTC and ETH are at ~4.3K and ~310, respectively, with only 1% market capture.

That's a pretty encouraging sign, and timing the market is not really anyone's thing lol.



Insidb said:
Moneybags said:

how confident are you feeling right now Mr long??

I committed to it months ago, so I'm not going to worry about it.

BTC and ETH are at ~4.3K and ~310, respectively, with only 1% market capture.

That's a pretty encouraging sign, and timing the market is not really anyone's thing lol.

what do you mean by 1% market capture?



I would be getting out of bitcoins ASAP if I had any. Reason?
China accounts for 99% of bitcoins traded, yes you read that right, anyone that owns any here is part of the 1%

Well that ain't to bad by itself, but now the Chinese government are starting to view bitcoins with displeasure



Moneybags said:
Insidb said:

I committed to it months ago, so I'm not going to worry about it.

BTC and ETH are at ~4.3K and ~310, respectively, with only 1% market capture.

That's a pretty encouraging sign, and timing the market is not really anyone's thing lol.

what do you mean by 1% market capture?

Crypto is technically available to anyone with internet access, and the US has about 99% smartphone market capture.

In spite of that, only about 1% of Americans own cryptocurrencies. If that we're to edge up to a very modest 2%, the market cap arguably doubles.