The Bitcoin Thread

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handyman007 said:
I use Luno to buy and sell Bitcoin. What other exchange can I use if I want to buy and sell all other crypto? Ease of use, easy to set up and simple interface (possibly with app) as my main points?
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Shapeshift.io expensive.

Or most coins on https://coindata.co.za I build changelly straight into the website. Fees are 0.5%
 
I've written a few tutorials on Platinumwealth on how to buy various alt coins with shapeshift and changelly
 
107k. Sjoe, that's 10k in a day.

Everytime I refresh it jumps by around R500. There must be a TON of trading going on now.
 
HunterNW said:
Let's hear.... predictions before the fork ?
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I'm cashing out bit by bit taking gains, but I'm worried that I'm pretty soon going to be without any Bitcoin left as the price is rising. Which means I have made a tidy profit, but struggling to buy back in.

Should have just hodl from the start...
 
3lOH55A said:
Erm, that’s 92k.
Luno is at 105k
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Yes, but yuo can't just convert, the SA is a completely "independent" exchange and thus has it's own value. But I guess I could of been more specific:

US is going up, so I hope the price on Luno continues to go up. That is usually the case.
 
handyman007 said:
I'm cashing out bit by bit taking gains, but I'm worried that I'm pretty soon going to be without any Bitcoin left as the price is rising. Which means I have made a tidy profit, but struggling to buy back in.

Should have just hodl from the start...
Click to expand...

This is my issue too. I bought back with half of my cashout. But every day I delay buying in more, the price increases by a ton. If I use my initial capital to buy in now I'll have 25% less BTC than if I just HODL'd from the get go.

But having said that, it was always a personal rule to cash out during a fall before I went below my initial investment. So whichever way I cut it, I've lost out on possible gains, but haven't lost any money if I had to cash out everything tomorrow...or even well into the next dip..

I have NO idea how people cope who have invested genuine amounts into BTC - amounts that they can't afford to lose.
 
iFan said:
Yes, but yuo can't just convert, the SA is a completely "independent" exchange and thus has it's own value. But I guess I could of been more specific:

US is going up, so I hope the price on Luno continues to go up. That is usually the case.
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It’s actually going down.
 
Voicy said:
This is my issue too. I bought back with half of my cashout. But every day I delay buying in more, the price increases by a ton. If I use my initial capital to buy in now I'll have 25% less BTC than if I just HODL'd from the get go.

But having said that, it was always a personal rule to cash out during a fall before I went below my initial investment. So whichever way I cut it, I've lost out on possible gains, but haven't lost any money if I had to cash out everything tomorrow...or even well into the next dip..

I have NO idea how people cope who have invested genuine amounts into BTC - amounts that they can't afford to lose.
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That's why you TRDL! All you guys riding this wave have to cash out some time then hope for a dip.

The absolute price of bitcoin has no meaning if you trade frequently and make money on the way up or down. Volatility is the only thing that matters, and there's no shortage of that. :p
 
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