/biz/ - Business & Finance

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Anonymous Mon Jul 3 08:59:46 2017 No.2693908 [Reply] [Original]

Cryptocurrency newbie here , am thinking to buy 15k$ of bitcoins ,mostly to get value from august 1 hype am seeing , is it stupid to buy right now? Right know i have ~1k$ in btc.My only fear is that so far whenever had a big upswing it dipped hard afterwards . cause am seeking for serious answers will be giving 0.015 btc to the most informative answer (don't forget to post your address)

>>	Anonymous Mon Jul 3 09:02:31 2017 No.2693923 File: 16 KB, 480x360, b.jpg [View same] [iqdb] [saucenao] [google] no it's not stupid to buy. Bitcoin in 2020 should be worth 250k, so the more the merrier i say. 1Mhrb93WbCyU7MTj95vjV82cG5mjju3jay

>>	Anonymous Mon Jul 3 09:03:21 2017 No.2693931 >>2693908 you should off yourself 1MFkPGncP8neXirv6j8yVHGRq3UEQA4Mge

>>	Anonymous Mon Jul 3 09:05:22 2017 No.2693943 >>2693908 DO IT! BTC: 1CuumasJvUsDS2vwFhLqZgcELuB1S4H2aR

>>	Anonymous Mon Jul 3 09:05:26 2017 No.2693944 File: 450 KB, 495x396, 1498308139804.png [View same] [iqdb] [saucenao] [google] >betting 15k on btc before Aug 1st where bitcoin could probably shit the bed for good Mfw

>>	Anonymous Mon Jul 3 09:07:18 2017 No.2693953 >>2693908 The best advice i can give you is to not ask /biz/ for advice

>>	neko Mon Jul 3 09:09:22 2017 No.2693968 >>2693923 250K? for 1 bitcoin? then everybody will be a millionaire of billionaire well a lot of people will

>>	Anonymous Mon Jul 3 09:19:04 2017 No.2694021 >>2693968 I think 250k is a bit ambitious, 100k at a push BTC: 1CuumasJvUsDS2vwFhLqZgcELuB1S4H2aR

>>	Anonymous Mon Jul 3 09:19:50 2017 No.2694029 >>2693953 This is technically /biz/ advice and one should therefore do the opposite.

neko Mon Jul 3 09:23:17 2017 No.2694054

>>2694021
still, invest 6000, get 300K

i would sign for that,
my guess is that after august all will go crazy and everybody will start investing in btc, eth, and then it will be to late to jump the bandwagon

i'm contemplating between buying btc since it's so expensive already and buying more eth

>>	Anonymous Mon Jul 3 09:28:14 2017 No.2694085 >>2694054 I have a small amount of BTC and ETH but you are right... aug will be turning point.

Anonymous Mon Jul 3 09:34:23 2017 No.2694123

>>2693908
Forget about August 1 hype. Think of it long term, the only reason anybody even trades alt coins at all is to build up more bitcoin. Trades between coins are measured in btc. You literally cannot go wrong with putting money in btc because its the actual foundation of the crypto market and if it goes up or down the whole market will.

Not to mention from a branding point of view the name bitcoin is one of the few that actually sounds legit and will stick in peoples minds and continue to build traction with normies. Every other coins name sounds retarded compared to bitcoin. Just buy it op, its going to be 10k someday and who knows how high it'll go from there

1CXeR4DRBCJvMLEkRHzevY4bLEi8kHazFE

Anonymous Mon Jul 3 09:35:28 2017 No.2694130

>>2693908
BTC will go through a big change and therefore is very fragile. Like, 2013 fragile as far as I'm concerned. Current price of 2500$ seems a bit too high to go in at this point, where a single piece of news casting a slight shadow on August 1 caused a massive drop to below 2200, just last week.

I am also thinking of accumulating more but am going to wait at least for a week in case something like this happens again. If it doesn't and the price keeps rising steadily until Aug 1, that means "buy the rumor, sell the news" is in effect, a famous phenomenon seen in crypto for years. That means a sharp fall in the first week of August is expected which would also mean a good opportunity to buy in. So in short, you cannot lose if you wait for a while to buy in.

18zaGbjPMkU2eus2Z5j3xE8YD1oKJxMdU1

>>	Anonymous Mon Jul 3 09:44:41 2017 No.2694183 >>2694029 If he does follow the advice, then he would have to follow /biz/ advice due to it being the opposite. But if he follows /biz/ advice, then he would be back to "don't follow /biz/ advice", causing an endless cycle of /biz advice following.

Anonymous Mon Jul 3 09:52:51 2017 No.2694250

>>2693908
you can make decent profit before august 1, but be cautious and maybe cash out a few days prior to the final judgement day.

Better skim a bit off the top than getting caught in handcuffs.

leave your pocket money that you earned in btc so that you gamble it in case of a big surge and reinvest the whole after the situation has settled

No btc address i don't need to beg senpai

>>	Anonymous Mon Jul 3 10:06:16 2017 No.2694340 Appreciating your posts guys ,will choose winner in 4 hours so i can collect some extra post

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