Bearcat-Doug | 5,123 Posted June 10, 2021 Share Posted June 10, 2021 On 6/8/2021 at 8:51 PM, DoctorEncore said: I'm still debating selling my BTC for a big loss to get the tax benefits and moving the money into ETH for a few days. If I keep waffling on that, I'll just be holding, holding, holding. I went ahead and bought some more to put me over the 2 BTC mark. Adding any more would be a bonus at this point. Link to comment Share on other sites More sharing options...
Code Monkey | 2,133 Posted June 10, 2021 Share Posted June 10, 2021 I'm getting reports that Bitcoin will bottom out at $20,000 this year. Link to comment Share on other sites More sharing options...
Bearcat-Doug | 5,123 Posted June 10, 2021 Share Posted June 10, 2021 1 hour ago, Code Monkey said: I'm getting reports that Bitcoin will bottom out at $20,000 this year. I'd be surprised if it got that low, but anything is possible. Link to comment Share on other sites More sharing options...
guitarzombie | 936 Posted June 10, 2021 Share Posted June 10, 2021 5 hours ago, Code Monkey said: I'm getting reports that Bitcoin will bottom out at $20,000 this year. I looked at this too quick and thought it said you were getting repros of Bitcoins. Link to comment Share on other sites More sharing options...
DoctorEncore | 3,691 Posted June 11, 2021 Share Posted June 11, 2021 10 hours ago, Bearcat-Doug said: I went ahead and bought some more to put me over the 2 BTC mark. Adding any more would be a bonus at this point. That seems like plenty. Hopefully it will be a cool million by the time you retire. Link to comment Share on other sites More sharing options...
Code Monkey | 2,133 Posted June 11, 2021 Share Posted June 11, 2021 5 hours ago, guitarzombie said: I looked at this too quick and thought it said you were getting repros of Bitcoins. "git clone bitcoin-core" done Link to comment Share on other sites More sharing options...
Bearcat-Doug | 5,123 Posted June 11, 2021 Share Posted June 11, 2021 8 hours ago, DoctorEncore said: That seems like plenty. Hopefully it will be a cool million by the time you retire. It may hit that just by keeping up with inflation over the next 20 years! Link to comment Share on other sites More sharing options...
Bearcat-Doug | 5,123 Posted June 12, 2021 Share Posted June 12, 2021 The bitcoin taproot upgrade locked in this morning and should go live in November. I doubt it will have much effect on the price, but it's good news for usage purposes. Link to comment Share on other sites More sharing options...
avatar! | 1,940 Posted June 13, 2021 Share Posted June 13, 2021 err, well... https://www.washingtonpost.com/world/2021/06/12/el-salvador-bitcoin-volcano-faq/ Link to comment Share on other sites More sharing options...
Bearcat-Doug | 5,123 Posted June 15, 2021 Share Posted June 15, 2021 I picked up some more bitcoin this morning < $40k. Hopefully this turns out to be a good week. Link to comment Share on other sites More sharing options...
Californication | 1,491 Posted June 15, 2021 Share Posted June 15, 2021 28 minutes ago, Bearcat-Doug said: I picked up some more bitcoin this morning < $40k. Hopefully this turns out to be a good week. I don't know how you guys deal with the swings. Not just btc but stocks in general. Even when I think I am right I feel like I'm going to get hypertension, lol. Link to comment Share on other sites More sharing options...
Bearcat-Doug | 5,123 Posted June 15, 2021 Share Posted June 15, 2021 1 hour ago, Californication said: I don't know how you guys deal with the swings. Not just btc but stocks in general. Even when I think I am right I feel like I'm going to get hypertension, lol. It stressed me out at first. I bought most of most of my bitcoin under $15k, so I'm up quite a bit. I picked up another .5 BTC on this last dip at $30k, so I'm already up about 30% on that. 1 Link to comment Share on other sites More sharing options...
ThePhleo | 2,267 Posted June 15, 2021 Share Posted June 15, 2021 2 hours ago, Californication said: I don't know how you guys deal with the swings. Not just btc but stocks in general. Even when I think I am right I feel like I'm going to get hypertension, lol. Don’t invest a single cent you aren’t willing to lose. The moment you have any emotion attached is the second you already lost control. I’m a novice investor, so I only have a couple grand invested with my free money given to me by my Dogecoin GAMBLE. I got lucky with a digital slot machine and timed it just right ... that isn’t the norm. Right now I’m invested in stuff I perceive as medium risk, high reward. $1000 in ETH, $1500 in BTC. Currently it’s worth only about $2000 so I’m down $500 but I don’t care since I have zero emotion on it...if it went to $0 then I still lost nothing. Link to comment Share on other sites More sharing options...
Gloves | 12,261 Administrator · Posted June 15, 2021 Share Posted June 15, 2021 Yeah I dropped $250 into BTC and $750 into ETH. I basically look at it like an extremely expensive BINGO card. I expect nothing out of it, but it'll be nice if I get something. Link to comment Share on other sites More sharing options...
Bearcat-Doug | 5,123 Posted June 15, 2021 Share Posted June 15, 2021 1 hour ago, Gloves said: Yeah I dropped $250 into BTC and $750 into ETH. I basically look at it like an extremely expensive BINGO card. I expect nothing out of it, but it'll be nice if I get something. I basically have 1 btc free since I took some profit at $60k. I almost look like I know what I'm doing by getting lucky with the timing. Link to comment Share on other sites More sharing options...
Gloves | 12,261 Administrator · Posted June 15, 2021 Share Posted June 15, 2021 3 minutes ago, Bearcat-Doug said: I basically have 1 btc free since I took some profit at $60k. I almost look like I know what I'm doing by getting lucky with the timing. I bought at like, the worst possible time. xD Link to comment Share on other sites More sharing options...
Bearcat-Doug | 5,123 Posted June 15, 2021 Share Posted June 15, 2021 1 minute ago, Gloves said: I bought at like, the worst possible time. xD I thought I was too late buying 1.21 BTC at $14k and I'd say that worked out okay. Just HODL and you should be fine. Link to comment Share on other sites More sharing options...
Gloves | 12,261 Administrator · Posted June 15, 2021 Share Posted June 15, 2021 Just now, Bearcat-Doug said: I thought I was too late buying 1.21 BTC at $14k and I'd say that worked out okay. Just HODL and you should be fine. Yeah the plan is to HODL lol. I was considering buying some more now that compared to where I bought in earlier it's "on sale". Link to comment Share on other sites More sharing options...
Bearcat-Doug | 5,123 Posted June 15, 2021 Share Posted June 15, 2021 Just now, Gloves said: Yeah the plan is to HODL lol. I was considering buying some more now that compared to where I bought in earlier it's "on sale". There are no dips, only sales. 1 Link to comment Share on other sites More sharing options...
Bearcat-Doug | 5,123 Posted June 15, 2021 Share Posted June 15, 2021 1 hour ago, ThePhleo said: Don’t invest a single cent you aren’t willing to lose. The moment you have any emotion attached is the second you already lost control. I’m a novice investor, so I only have a couple grand invested with my free money given to me by my Dogecoin GAMBLE. I got lucky with a digital slot machine and timed it just right ... that isn’t the norm. Right now I’m invested in stuff I perceive as medium risk, high reward. $1000 in ETH, $1500 in BTC. Currently it’s worth only about $2000 so I’m down $500 but I don’t care since I have zero emotion on it...if it went to $0 then I still lost nothing. I bought $100 Dogecoin to enter the Coinbase contest, but I converted it to bitcoin after I was eligible. If Dogecoin didn't mine 10,000 coins a minute, it could have some potential. Link to comment Share on other sites More sharing options...
Link | 2,880 Posted June 17, 2021 Share Posted June 17, 2021 Dude put $348k in a fake app and lost all of it https://www.kmov.com/news/man-loses-384-006-in-cryptocurrency-scam/article_4deb0222-ceaf-11eb-9af1-f31ba03fe4ae.html Link to comment Share on other sites More sharing options...
avatar! | 1,940 Posted June 17, 2021 Share Posted June 17, 2021 2 hours ago, Link said: Dude put $348k in a fake app and lost all of it https://www.kmov.com/news/man-loses-384-006-in-cryptocurrency-scam/article_4deb0222-ceaf-11eb-9af1-f31ba03fe4ae.html Link to comment Share on other sites More sharing options...
Bearcat-Doug | 5,123 Posted June 18, 2021 Share Posted June 18, 2021 16 hours ago, Link said: Dude put $348k in a fake app and lost all of it https://www.kmov.com/news/man-loses-384-006-in-cryptocurrency-scam/article_4deb0222-ceaf-11eb-9af1-f31ba03fe4ae.html Everytime I see one of these stories it just makes me wonder how these people managed to get that much money to begin with. 1 1 Link to comment Share on other sites More sharing options...
DoctorEncore | 3,691 Posted June 19, 2021 Share Posted June 19, 2021 I went ahead with my plan to loss harvest and sold all my BTC and moved it into ETH. I'll take ETH profits at 2600-2800, the buy back into BTC on the next dip. Gotta get those tax breaks like the big boys. Link to comment Share on other sites More sharing options...
Bearcat-Doug | 5,123 Posted June 19, 2021 Share Posted June 19, 2021 10 hours ago, DoctorEncore said: I went ahead with my plan to loss harvest and sold all my BTC and moved it into ETH. I'll take ETH profits at 2600-2800, the buy back into BTC on the next dip. Gotta get those tax breaks like the big boys. Didn't you have a whole bitcoin and something like 20 ETH already? You must have as much ETH as I do BTC at this point if you converted all of your bitcoin. I did buy some more bitcoin at $35k yesterday, so I'm probably going to keep adding as long as the price stays under $40k. Link to comment Share on other sites More sharing options...
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