The Bitcoin Thread

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The Luno crash today allowed me to make up all that I lost and then some from the Luno crash last week. Saw the price falling fast because of the selloff after it came back. So I put an order in for R205k and sold for R219.5k. Easy money.

Will be ready for next Luno crash.
 
The Luno crash today allowed me to make up all that I lost and then some from the Luno crash last week. Saw the price falling fast because of the selloff after it came back. So I put an order in for R205k and sold for R219.5k. Easy money.

Will be ready for next Luno crash.
Out of curiousity.. do you guys do these huge trades with whole bitcoins? Or fraction.. like me

Sorry if its too personal - no obligation to answer
 
Out of curiousity.. do you guys do these huge trades with whole bitcoins? Or fraction.. like me

Sorry if its too personal - no obligation to answer

I break it up into random smaller amounts like 0.4321111 or something. Unless things are moving too fast to do this. Smaller amounts mean people are less likely to notice you in the que and place their orders in front of you.
 
Out of curiousity.. do you guys do these huge trades with whole bitcoins? Or fraction.. like me

Sorry if its too personal - no obligation to answer

Fractions, don't risk all my btc, hodl majority off exchange, play with a little on exchange, playing with btc though can screw you hard though if you miss judge
 
Fractions, don't risk all my btc, hodl majority off exchange, play with a little on exchange, playing with btc though can screw you hard though if you miss judge
Oh i know all about that.. im the kinda dumbass who jumps into the deep end and learns to swim by doing all i can not to drown.. so leanrt the hard way
 
Anyone use etoro.com?

No... a while back every flipping advert on youtube I got was 'hi there this is marty greenspace whatever' that were like an hour long or something... infuriating, so never looked at it... anyone not willing to do a 10-30 sec advert and instead just uses an entire episode from their uploads directory doesn't warrant my time
 
No... a while back every flipping advert on youtube I got was 'hi there this is marty greenspace whatever' that were like an hour long or something... infuriating, so never looked at it... anyone not willing to do a 10-30 sec advert and instead just uses an entire episode from their uploads directory doesn't warrant my time

Haven't seen the adverts :p Stumbled on it - registered - looks like a simple enough exchange that can be funded with a credit card or paypal.
 
Guys, I'm thinking I'm selling. Going to sell it all, take my initial investment, put it in my RA (to get tax back next year) and if there's a big correction somewhere, I'll get back in with my profit.
 
Compton, despite the HODL mantra I still think that cc debts and student loans etc should always be settled asap, its better to miss out on growth than to screw yourself financially. We hodlers have to be careful not to be greedy.

Of course the first rule of hodl is to not hodl what you cant afford to lose.

Financial freedom comes in all packages.
 
This question has probably been asked a thousand times, but why are there not more people taking advantage of arbitrage with the Bitcoin price so high in SA? That should surely bring the price down to 5% within the global standard? I'm sick and tired having to pay a 10 - 15% premium in this country
 
This question has probably been asked a thousand times, but why are there not more people taking advantage of arbitrage with the Bitcoin price so high in SA? That should surely bring the price down to 5% within the global standard? I'm sick and tired having to pay a 10 - 15% premium in this country

Its expensive to send btc and buy on cex.io
 
I'm looking at settling my credit card debt. I only have that and a bond. The moment I can cover that, I think I'm cashing out.

Awesome stuff:D Grats, one less monthly drain... you can then maybe put some of that monthly saving back in and target the bond

Compton, despite the HODL mantra I still think that cc debts and student loans etc should always be settled asap, its better to miss out on growth than to screw yourself financially. We hodlers have to be careful not to be greedy.

Of course the first rule of hodl is to not hodl what you cant afford to lose.

Financial freedom comes in all packages.

Yarp, get rid of all debts first should be main goal, then hodl for retirement:D
 
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