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Crypto Currency #12613175 02/06/18 02:08 PM
Joined: Sep 2010
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GROD Offline OP
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If you loss your tail the past couple days in the market and haven’t bought into crypto currency, now is the time to get in on the crypto currency! It’s at a low purchase point and will go up from here. Quick way to rebound the losses from the market... just my 2 cents

Re: Crypto Currency [Re: GROD] #12613177 02/06/18 02:12 PM
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TR176 Offline
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^^go for it. Keep us posted.

Re: Crypto Currency [Re: GROD] #12613188 02/06/18 02:15 PM
Joined: Nov 2010
Posts: 12,094
U
Urban Fisher Offline
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Originally Posted By: GROD
just my 2 cents


With that strategy, you'll probably lose that 2 cents.


Jane says I've never been in love - no
She don't know what it is
She only knows if someone wants her
Re: Crypto Currency [Re: GROD] #12613207 02/06/18 02:27 PM
Joined: Nov 2008
Posts: 25,753
elcoyote, esq. Online Sleepy
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www.businessinsider.com/bitcoin-is-getting-smashed-2018-2

I like the part where some guy who knows more about it than I do says that bitcoin could drop all the way to $1,850.


Team wolfs

Originally Posted by Allison1
I had to perform. It took a minute to get it all in my mouth and another five to swallow it all.



Re: Crypto Currency [Re: GROD] #12613208 02/06/18 02:28 PM
Joined: Sep 2010
Posts: 2,581
GROD Offline OP
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Well smart guys if you were down 10 percent an hour ago, jumped in the crypto, then jumped out an hour later... you just regained all your losses... lol

Re: Crypto Currency [Re: GROD] #12613209 02/06/18 02:28 PM
Joined: Apr 2008
Posts: 41,012
C
CCTX Online Content
mapquest
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mapquest
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Joined: Apr 2008
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Don't try to time the market.
Steady, regular investing in a diversified portfolio with age appropriate risk/reward is a good long term strategy.

Buying on the way down in increments will tend to outperform going all in at once (don't try to catch a falling knife). The last big correction (bear market) lasted two years

This correction may be brief, or last a while.


[Linked Image]
Re: Crypto Currency [Re: GROD] #12613213 02/06/18 02:30 PM
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GROD Offline OP
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Not saying buy and hold... saying buy, recoup losses, jump out. Wait and see what happens the next few weeks..

Re: Crypto Currency [Re: GROD] #12613216 02/06/18 02:31 PM
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Bass Bug Offline
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Im gonna get me some o dem ol bitcoins and buy some dark web stuff

Re: Crypto Currency [Re: GROD] #12613223 02/06/18 02:34 PM
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Originally Posted By: GROD
Well smart guys if you were down 10 percent an hour ago, jumped in the crypto, then jumped out an hour later... you just regained all your losses... lol


Not really. There is a 4% to 6% buy sell charge from the exchanges like bitcoin.

So it costs you say 5% buying and 5% selling so to actually recoup your loss it needs at least a 20% upward swing.

Re: Crypto Currency [Re: GROD] #12613232 02/06/18 02:39 PM
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Derek ๐Ÿ Offline
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Waiting for RobinHood to open up trading on Cryptos.


Ebolacane Researcher
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Team Beans
Re: Crypto Currency [Re: GROD] #12613236 02/06/18 02:41 PM
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Some predicting total meltdown of the markets. Be careful who you listen to.

Re: Crypto Currency [Re: 9094] #12613237 02/06/18 02:42 PM
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Originally Posted By: 9094
Originally Posted By: GROD
Well smart guys if you were down 10 percent an hour ago, jumped in the crypto, then jumped out an hour later... you just regained all your losses... lol


Not really. There is a 4% to 6% buy sell charge from the exchanges like bitcoin.

So it costs you say 5% buying and 5% selling so to actually recoup your loss it needs at least a 20% upward swing.


It's 1.5% per transaction on coinbase.




Re: Crypto Currency [Re: GROD] #12613255 02/06/18 02:52 PM
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Re: Crypto Currency [Re: GROD] #12613274 02/06/18 03:03 PM
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Davedave Offline
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Bitcoin is to currency what Brawndo is to beverages.

Re: Crypto Currency [Re: Davedave] #12613281 02/06/18 03:05 PM
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Originally Posted By: Davedave
Bitcoin is to currency what Brawndo is to beverages.


It's what currency craves.


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