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  #526  
Old 01-29-2021, 12:07 PM
cnighbor1 cnighbor1 is offline
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Investments with big gains comment by Nighbor
Investments with big gains comment by Nighbor
The only question is when do you get out of a Investments with big gains .
One way is sell enough to get your original investment back and let the rest stay invested
Easy to get in but tough to get out
Charles Nighbor
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  #527  
Old 01-29-2021, 12:19 PM
Louis Louis is offline
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Some folks feel the same way about investments with big losses.
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  #528  
Old 02-01-2021, 11:19 AM
Millses Millses is offline
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What do you guys think about investing in bitcoin nowadays?! Honestly, I really think that it is probably the worst time to be investing in it. I mean, what is the point of investing, what is the main meaning actually?! Investing a (relative) small amount of money, and by time, the sum will increase more and more and more. Taking into consideration the price of bitcoin right now, there is no point in order to invest in it. Right now, I am more into property investment, as this is actually the most reliable and stable market in there. Someone recommended me this company 1031 exchange saying that they offer some unique services in terms of real estate investment, I guess I will go for it.
Last edited by Millses; 02-01-2021 at 12:28 PM.
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  #529  
Old 02-01-2021, 11:28 AM
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fiamme red fiamme red is offline
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Originally Posted by Millses View Post
What do you guys think about investing in bitcoin nowadays?! Honestly, I really think that it is probably the worst time to be investing in it. I mean, what is the point of investing, what is the main meaning actually?! Investing a (relative) small amount of money, and by time, the sum will increase more and more and more. Taking into consideration the price of bitcoin right now, there is no point in order to invest in it.
Welcome to the forum. How is the cycling in Kilsby?
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  #530  
Old 02-01-2021, 11:53 AM
Sewere Sewere is offline
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Originally Posted by Millses View Post
What do you guys think about investing in bitcoin nowadays?! Honestly, I really think that it is probably the worst time to be investing in it. I mean, what is the point of investing, what is the main meaning actually?! Investing a (relative) small amount of money, and by time, the sum will increase more and more and more. Taking into consideration the price of bitcoin right now, there is no point in order to invest in it.
I have to agree with you actually, I do not think that investing into the crypto market right now is any good.
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  #531  
Old 02-01-2021, 01:42 PM
buddybikes buddybikes is offline
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Just to be clear, this isn't "investing" - there is nothing to invest IN. This is gambling just a wager up or down
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  #532  
Old 02-01-2021, 01:52 PM
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Originally Posted by steveandbarb1 View Post
Just to be clear, this isn't "investing" - there is nothing to invest IN. This is gambling just a wager up or down
Bitcoin has a finite amount of a resource. You are investing in that, just like the dollar, except this has a finite amount and you can't just print more or release more shares like a stock.
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  #533  
Old 02-01-2021, 02:34 PM
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Dekonick Dekonick is offline
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Originally Posted by kppolich View Post
Bitcoin has a finite amount of a resource. You are investing in that, just like the dollar, except this has a finite amount and you can't just print more or release more shares like a stock.
Yep - can't print more Bitcoin... I don't have any, but I do see the potential.
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  #534  
Old 02-08-2021, 10:13 AM
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Elon Musk drives up the price of Bitcoin, now at 43,426: https://apnews.com/article/financial...c9e9d6cfc4a911.
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  #535  
Old 02-08-2021, 11:06 AM
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RWL2222 RWL2222 is offline
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Originally Posted by fiamme red View Post
Elon Musk drives up the price of Bitcoin, now at 43,426: https://apnews.com/article/financial...c9e9d6cfc4a911.
^^^
What the heck!

Tesla will probably start accepting bitcoin for car purchases, and need to have a reserve on their balance sheet?

and this: Tweets from Elon Musk and other celebrities send dogecoin to a record high https://www.cnbc.com/2021/02/08/twee...%7C&par=google
Last edited by RWL2222; 02-08-2021 at 02:40 PM. Reason: cleaned up
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  #536  
Old 02-08-2021, 11:16 AM
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redir redir is offline
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I still don't own any Bitcoin. I was waiting for it to drop under 30k and it didn't so.. Oh well. But man! I've made a killing on so called s%@tcoin. Maker went from $500 to 2500 in a month! Woot!
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  #537  
Old 02-08-2021, 01:34 PM
BobbyJones BobbyJones is offline
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Everytime this drifts near the top I think of Ray and wonder how he is doing.

I really do hope he's still sitting on bunch of BTC.
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  #538  
Old 02-08-2021, 03:37 PM
Cantdog Cantdog is offline
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Originally Posted by Fishbike View Post
Rather invest in silver Campy. . .
This comment did not age well
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  #539  
Old 02-08-2021, 09:33 PM
harlond harlond is offline
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Originally Posted by kppolich View Post
Bitcoin has a finite amount of a resource. You are investing in that, just like the dollar, except this has a finite amount and you can't just print more or release more shares like a stock.
What is the resource that bitcoin has a finite amount of?
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  #540  
Old 02-08-2021, 10:08 PM
tkbike tkbike is offline
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Quote:
Originally Posted by kppolich View Post
Bitcoin has a finite amount of a resource. You are investing in that, just like the dollar, except this has a finite amount and you can't just print more or release more shares like a stock.
What is this resource you are talking about?
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