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/biz/ - Business & Finance


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1815781 No.1815781 [Reply] [Original]

Business illiterate here, high school student lookin for some cash. I've been looking on /biz/ every once in a while and I see some people talking about BTC and hur dur cash cow. People say it's a bubble that's gonna pop, people say it'll go down once it hits 10k, and people say scared newfags selling are gonna cause it to dip early.

I've been doing hard research, I set up a wallet on Blockchain.info and I've found some sellers.
Is it worth it for me to buy, say, 0.3 BTC from a cash-for-BTC guy I found on localbitcoins.com, and sell when it's higher?

>> No.1815790
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1815790

>>1815781

Buy from Coinbase and transfer to a Trezor wallet. Easiest way and decently safe unless you are a paranoid schizophrenic.

>> No.1816309
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1816309

pump and dump (r)

>> No.1816335

Depends how expendable that money is for you. Who really knows what direction it's gonna end up and personally I'd treat it as a long term investment rather than get rich quick.

You old enough to get a McJob yet?

>> No.1816467 [DELETED] 

>>1815781
REMINDER: YOUR RETARDED KEK SHITCOINS AND STOCKS HAVE NOTHING TO DO WITH /BIZ...

sage sage sage sage sage sage sage sagesage sage sage sage!

>> No.1816474

>>1815781
Bitcoin is at an all time high now. You shouldn't buy now as history shows us it WILL go down again.

You don't make money buying high and selling low.

>> No.1816482

>>1816467
gtfo newfag

>> No.1816483

>>1815781
1. Make sure you can take the loss.
2. Acknowledge risk.
3. Don't dig yourself deeper into the "I'm right" camp. Always be skeptical.

>> No.1816512

>>1816474
$1k still seems pretty low compared to some of these predictions... 10k, 25k? Just buying 0.3 BTC could land me $5,000 CAD if they're reading right.

>> No.1816520

>>1816512
Read the intelligent investor

>> No.1816522

>>1816467
Too new to realise this board was created as a containment for dogecoin and pandacoin generals on /g/?

>> No.1816590

Once governments remove physical cash you will regret selling a single satoshi.