Just bought around 100K worth of bitcoin. YOLO. Bitcoin to the πππππ TC: 315K YOE: 4
For it to crash now tsla sq microvision would have to sell
welp. @sundar r u buying btc 2
Stake those bad boys and earn 5% interest. Mine are.
Yes, it is actually 6.5% interest π°
What you guys using? Blockfi?
Congrats. You just lost 100k! πΎ
Na, I am in 3K profit on paper
Batman donβt sh!t post. Only an amateur person would say that someone lose 100% in Bitcoin.
Just remember not to leave it on the exchange. Not your keys, not your coins!
I've heard this often. Why is this?
@Fintech what do you mean?
Decentralized gambling. Good luck.
Just bought? What made you turn into a bull at 50k?
Tesla, Sq making more investments
Bought 20 bitcoin in 2013 for $195, bought 5 more during dip of 2018/2019 ~3500 each with last purchase of .1 for $900. Total invested for bitcoin = $8,500. Now looking at $1.25 mil. This doesnt include the stash of ether purchased at low $100-200 levels, including crypto mining off/on since 2014. I'll take the returns, grow into other investments. Makes me wonder why go back into corp for a measly base of +200k + %20 bonus + 200k RSU's.
Would you buy Bitcoin today?
Why you have to be so detailed about your TC lolol
I'm not buying bitcoin at moment but may put in small amount periodically (1 or 2k). What I'll be doing soon is sell off a few while price goes up. I'll purchase next big dip, whenever that is ($20k or $10k). I've been purchasing ethereum each week though.
Dollar cost averaging πͺ
Exactly. Same with other investments with tech stocks, bonds, mutual funds, IRA's, and even businesses ventures. Going long in an asset that's worth it, profits to be made long term.
Ballsy move to stake all of it. If there is another Mt. Gox, you are gonna loose everything. Why don't you stake some % of it? I stake around 10% of my BTC.
Thinking about it now. How long does it take to put it back to an exchange from hardware wallet when i decide to sell?
It depends. Hopefully shouldn't take more than 20 to 25 minutes as you have around 2 BTC. Again, it depends on how much you are willing to pay for gas
Looking at how people are investing, in few years either we are going to have millionaires or bag holders. There is no in between. Well, I respect such people over ones buying SPY tbh π€·
I donβt know which category I will fall in, but I know I had to do this. I am fine being a bag holder too and this is a choice I am making. High risks and high rewards.
How much is this as a percentage of your NW? This matters a lot. Someone with $10m may consider $100k pocket change.