Bitcoin Thread

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Saved a bit of money again this month from less eating out etc.

Now the question is, when to buy....
 
FlashSA said:
Saved a bit of money again this month from less eating out etc.

Now the question is, when to buy....
Click to expand...
I always buy when @Snyper564 gives me the nod. Only then, never any other time

Robert Redford Is Actually Nodding Meme Guy Not Zach Galifianakis
 
FlashSA said:
What time period is best: daily, weekly or monthly?
Click to expand...

It doesn't really matter in the long term - that's what he's trying to say. Buy when you have money you can afford to forget about, and then check on it periodically.

If you want to trade, that's another matter, but then you need to read a lot and try to learn and understand the charts so you can try to buy on the downs and sell on the ups.
 
Niner said:
It doesn't really matter in the long term - that's what he's trying to say. Buy when you have money you can afford to forget about, and then check on it periodically.

If you want to trade, that's another matter, but then you need to read a lot and try to learn and understand the charts so you can try to buy on the downs and sell on the ups.
Click to expand...
in this case DCA forget charts and dont put in more than you can afford to
 
I don't want to trigger a tax event until "the end".

Suppose if you're going long, like I am, whether I bought at $60k or $100k, if it goes over $1mil in the future as has been predicted, it will still be a proper ROI.
 
FlashSA said:
I don't want to trigger a tax event until "the end".

Suppose if you're going long, like I am, whether I bought at $60k or $100k, if it goes over $1mil in the future as has been predicted, it will still be a proper ROI.
Click to expand...

That's my thinking as well.
 
FlashSA said:
I don't want to trigger a tax event until "the end".

Suppose if you're going long, like I am, whether I bought at $60k or $100k, if it goes over $1mil in the future as has been predicted, it will still be a proper ROI.
Click to expand...

Remember, it is just as likely to go to $0 in future as $1mil.
Budget accordingly.

There still isn't a real practical necessity for crypto except for randsomware, so its value is all just speculation at this point.
 
I was very fortunate 6 months ago when I got into this game to buy BTC at $27k. It's flying now
 
I love my 300 Cardano coins, they have tripled in value since I bought them in Spetember
 
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