Gypsygirl11 Posted November 3, 2017 Report Share Posted November 3, 2017 Does anybody have any suggestions on Bitcoin??? Should I invest? Friend just texted me an article on it so I thought I would ask. Thanks in advance 3 Quote Link to comment Share on other sites More sharing options...
bigwave Posted November 5, 2017 Report Share Posted November 5, 2017 Gypsygirl In the VIP section Adam and several of the members talk about bitcoin and how to get a wallet etc. A plug for Adam - that information alone paid for all of my investment with him. Thank you Adam. I also watched a few video's; one was from Gate's and he predicts a million for each coin. I also read and article by Warren Buffet who said that Bitcoin will tank. All monetary funds do not like Bitcoin as it squeezes them out of profits. Some governments and government entities are taking a look at the bitcoin model. I picked up a few early on. Only invest what you can afford to loose. I figure I spent on bitcoin what I would have if I went on a couple of vacations. No risks, no goodies. Hope it helps, BW 2 Quote Link to comment Share on other sites More sharing options...
Gypsygirl11 Posted November 5, 2017 Author Report Share Posted November 5, 2017 Thank you darling....maybe invest a grand? I don t know. 2 Quote Link to comment Share on other sites More sharing options...
coorslite21 Posted November 6, 2017 Report Share Posted November 6, 2017 The blockchain technology..........(crypto currencies) is/are the new direction of the financial world. Many liken it to being right now........to what the internet was in the early years. Looks like lots of opportunity if you want to take the time to do the research....JMO 2 Quote Link to comment Share on other sites More sharing options...
Gypsygirl11 Posted November 6, 2017 Author Report Share Posted November 6, 2017 Thanks Coorslite.....nice analogy using the internet....sigh, I guess Ill invest. I assume you invested? 1 Quote Link to comment Share on other sites More sharing options...
coorslite21 Posted November 7, 2017 Report Share Posted November 7, 2017 I believe there are quite a few who visit this site who are involved to some degree. 2 Quote Link to comment Share on other sites More sharing options...
FlyHi Posted November 8, 2017 Report Share Posted November 8, 2017 Gypsy I assume you have dabbled in IQD so it is not a big leap to dip your toe in the crypto pool. You usually need Bitcoin or Ethereum in order to expand into new ICO (Intial Coin Offering) which is where the most gains can be made in the short term. Otherwise hold BTC or ETH for the long term for steady gains. Don't be put off by prices currently as you only need to buy a fraction of a coin in the case of BTC or 3 or so ETH. Head over to the VIP section where some of us shoot the breeze and assist people getting started. Afterall we were all newbies at some point. I can call myself one who has learnt from over eagerness to be involved and made some foolish rash transaction that hurt my back pocket.... those are the best lessons learnt and burnt/imprinted into the brain. Good luck 1 Quote Link to comment Share on other sites More sharing options...
Gypsygirl11 Posted November 14, 2017 Author Report Share Posted November 14, 2017 Thanks FlyHi....I sure wish I would have invested years ago! Kicking myself now. 1 Quote Link to comment Share on other sites More sharing options...
FlyHi Posted November 14, 2017 Report Share Posted November 14, 2017 No worries Gypsy. .. hindsight is a marvellous thing bit how could we all be rich if we had that but alas not yo be. Dip your toe in mow adoption of cryptos is still less than 1% of stock market. Once it hits 10% it will be unstoppable as it gathers momentum and is used by the masses. You will then be proud that you made an early adopter start. 1 Quote Link to comment Share on other sites More sharing options...
Gypsygirl11 Posted November 16, 2017 Author Report Share Posted November 16, 2017 On 11/14/2017 at 2:40 AM, FlyHi said: No worries Gypsy. .. hindsight is a marvellous thing bit how could we all be rich if we had that but alas not yo be. Dip your toe in mow adoption of cryptos is still less than 1% of stock market. Once it hits 10% it will be unstoppable as it gathers momentum and is used by the masses. You will then be proud that you made an early adopter start. Good point....Thanks 1 Quote Link to comment Share on other sites More sharing options...
boomhand86 Posted November 17, 2017 Report Share Posted November 17, 2017 I have a question, how does a person buy a bitcoin and where do you buy them? Quote Link to comment Share on other sites More sharing options...
Gypsygirl11 Posted November 19, 2017 Author Report Share Posted November 19, 2017 On 11/17/2017 at 6:44 PM, boomhand86 said: I have a question, how does a person buy a bitcoin and where do you buy them? A friend recommended COINBASE....I'm sure there are several to choose from. 1 Quote Link to comment Share on other sites More sharing options...
boomhand86 Posted November 19, 2017 Report Share Posted November 19, 2017 Thanks for the reply Gypsygirl 1 Quote Link to comment Share on other sites More sharing options...
genx4me Posted November 19, 2017 Report Share Posted November 19, 2017 On 11/17/2017 at 6:44 PM, boomhand86 said: I have a question, how does a person buy a bitcoin and where do you buy them? I went thru coinbase 2 Quote Link to comment Share on other sites More sharing options...
boomhand86 Posted November 19, 2017 Report Share Posted November 19, 2017 Thanks genx4me 1 Quote Link to comment Share on other sites More sharing options...
Gypsygirl11 Posted November 28, 2017 Author Report Share Posted November 28, 2017 OK, any suggestions on which crypto currency to buy??? I have a friend flying down this weekend to guide me through it. Just asking. I think this really is going to take off !!!!!! Quote Link to comment Share on other sites More sharing options...
ddl Posted November 30, 2017 Report Share Posted November 30, 2017 Interesting discussion from a fund manager. Sorry I don't have the name. This is his take for an Elliot Wave perspective. Elliot Wave prediction for bitcoin price move from here This is to follow up with my earlier price prediction posts. In my last one I said that bitcoin would first correct to at least $6,600 (2/3 of my targets were hi, down to as low as $6,000) to complete wave 4 and then start a wave 5 that “could take prices well above $10,000”). As this is precisely what happened I am now updating my scenario. Please note that I would not really assign more than a 66% probability to this one as I have a hard time to see bitcoin correct this much at this point in time. Though perhaps that is exactly the reason why it is likely to happen (after all I am just human and I suffer from the same behavioral biases as all of us). Current situation Long Term Short Term As you can (hopefully) see on the charts, wave 5 is in full force. I actually think we are in the process of the bubble really taking off, very similar to what happened in the Nasdaq 100 at the end of 1999. It then rose another 100% in very short time before it crashed. In the crypto world “a very short time” could well just be a few days or weeks. As this move started at about $8,300 it could mean that this wave ends above $15,000. To be honest — I have no idea how high it will rise, but I can see that the sell order books on most exchanges are practically empty. So every time the price takes a “round number” hurdle, it can easily shoot up another $500–800 without much resistance. Outlook Wherever this current move ends, it is likely that it will be followed by a pronounced correction. Given it would mark the end of a 15 months bull cycle, I would expect a full A-B-C correction potentially going as low as $5,500 to $7,500. It is unlikely that such a move would happen without a catalyst, but I can see the following three possibilities for that: a) Euphoria around the launch of Futures culminates when they actually launch on CME, potentially sending the price up 25% or so on that day and then giving people enough reasons to sell in droves. Alternatively in this same bucket any kind of issues around the final authorization for CME Futures trading (note they will launch “pending regulatory approval”) could be a more negative catalyst The ICO bubble bursting on harsh new SEC regulation or even the SEC bringing numerous cases at the same time and some founders facing jail if they cannot reimburse investors c) The Tether construct blowing up in the face of a few exchanges. Other people have written enough about this topic but I can see almost no scenario in which the US government tolerates a company with known human actors to deal with their currency in this way, while I do not believe for a second that USDT “bought” for bitcoin when these are sold on an exchange actually get converted into real USD. There probably already are 5 USDT per actual USD that Tether may or may not have on an undisclosed bank account. A crash in USDT price would hurt quite a few exchanges. I even think today it should not trade higher than $0.2 per USDT… So in summary, I think we are about to see a higher high on btc than anyone would have thought possible, but at this point in the rally I would be extremely cautious with new positions and the above is my best guess as to where we are going from here. It does remain just a personal opinion and a guess. Finally, the usual important disclaimer: This is not investment advice, this is my personal and not my professional opinion. Any asset can go to zero. 1 1 Quote Link to comment Share on other sites More sharing options...
tankdude Posted November 30, 2017 Report Share Posted November 30, 2017 On 11/19/2017 at 5:37 AM, Gypsygirl11 said: A friend recommended COINBASE....I'm sure there are several to choose from. I'm using Gemini - takes some time (about 3 weeks for me) to get verified for an account, but I'm impressed by their security and the fees are lower than coinbase. 1 Quote Link to comment Share on other sites More sharing options...
md11fr8dawg Posted December 1, 2017 Report Share Posted December 1, 2017 Thanks TD will look into it!! Quote Link to comment Share on other sites More sharing options...
jeepguy Posted December 10, 2017 Report Share Posted December 10, 2017 here is a question ---- how does one know if they are not getting taken to the cleaners , as in another --- Bernard Lawrence "Bernie" Madoff is an American fraudster and a former stockbroker, investment advisor, and financier. He is the former non-executive chairman of the NASDAQ stock market, and the admitted operator of a Ponzi scheme Quote Link to comment Share on other sites More sharing options...
md11fr8dawg Posted December 10, 2017 Report Share Posted December 10, 2017 You mean like social security, the only ponzi scheme that no one has gone to jail for? Quote Link to comment Share on other sites More sharing options...
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