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Crypto Currency
#12613175
02/06/18 02:08 PM
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Joined: Sep 2010
Posts: 2,581
GROD
OP
Extreme Angler
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OP
Extreme Angler
Joined: Sep 2010
Posts: 2,581 |
If you loss your tail the past couple days in the market and havent bought into crypto currency, now is the time to get in on the crypto currency! Its at a low purchase point and will go up from here. Quick way to rebound the losses from the market... just my 2 cents
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Re: Crypto Currency
[Re: GROD]
#12613177
02/06/18 02:12 PM
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Joined: Jul 2010
Posts: 9,520
TR176
TFF Celebrity
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TFF Celebrity
Joined: Jul 2010
Posts: 9,520 |
^^go for it. Keep us posted.
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Re: Crypto Currency
[Re: GROD]
#12613188
02/06/18 02:15 PM
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Joined: Nov 2010
Posts: 12,094
Urban Fisher
TFF Guru
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TFF Guru
Joined: Nov 2010
Posts: 12,094 |
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
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Re: Crypto Currency
[Re: GROD]
#12613208
02/06/18 02:28 PM
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Joined: Sep 2010
Posts: 2,581
GROD
OP
Extreme Angler
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OP
Extreme Angler
Joined: Sep 2010
Posts: 2,581 |
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
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Re: Crypto Currency
[Re: GROD]
#12613209
02/06/18 02:28 PM
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Joined: Apr 2008
Posts: 41,012
CCTX
mapquest
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mapquest
Joined: Apr 2008
Posts: 41,012 |
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.
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Re: Crypto Currency
[Re: GROD]
#12613213
02/06/18 02:30 PM
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Joined: Sep 2010
Posts: 2,581
GROD
OP
Extreme Angler
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OP
Extreme Angler
Joined: Sep 2010
Posts: 2,581 |
Not saying buy and hold... saying buy, recoup losses, jump out. Wait and see what happens the next few weeks..
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Re: Crypto Currency
[Re: GROD]
#12613216
02/06/18 02:31 PM
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Joined: Feb 2008
Posts: 24,704
Bass Bug
TFF Guru
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TFF Guru
Joined: Feb 2008
Posts: 24,704 |
Im gonna get me some o dem ol bitcoins and buy some dark web stuff
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Re: Crypto Currency
[Re: GROD]
#12613223
02/06/18 02:34 PM
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Joined: Aug 2009
Posts: 11,146
9094
TFF Guru
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TFF Guru
Joined: Aug 2009
Posts: 11,146 |
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.
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Re: Crypto Currency
[Re: GROD]
#12613232
02/06/18 02:39 PM
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Joined: Feb 2004
Posts: 68,324
Derek ๐
Queen of Bees
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Queen of Bees
Joined: Feb 2004
Posts: 68,324 |
Waiting for RobinHood to open up trading on Cryptos.
Ebolacane Researcher CovidNado Chaser McRib Pro Staff Team Beans
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Re: Crypto Currency
[Re: GROD]
#12613236
02/06/18 02:41 PM
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Joined: May 2007
Posts: 40,429
WAWI
TFF Guru
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TFF Guru
Joined: May 2007
Posts: 40,429 |
Some predicting total meltdown of the markets. Be careful who you listen to.
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Re: Crypto Currency
[Re: 9094]
#12613237
02/06/18 02:42 PM
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Joined: Oct 2010
Posts: 14,703
Frenzy
TFF Guru
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TFF Guru
Joined: Oct 2010
Posts: 14,703 |
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.
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Re: Crypto Currency
[Re: GROD]
#12613255
02/06/18 02:52 PM
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Joined: Oct 2012
Posts: 25,338
ReelBusy
TFF Guru
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TFF Guru
Joined: Oct 2012
Posts: 25,338 |
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Re: Crypto Currency
[Re: GROD]
#12613274
02/06/18 03:03 PM
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Joined: Jul 2012
Posts: 22,230
Davedave
Bigfoot Seeker
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Bigfoot Seeker
Joined: Jul 2012
Posts: 22,230 |
Bitcoin is to currency what Brawndo is to beverages.
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Re: Crypto Currency
[Re: Davedave]
#12613281
02/06/18 03:05 PM
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Joined: Aug 2006
Posts: 18,130
COFF
TFF Guru
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TFF Guru
Joined: Aug 2006
Posts: 18,130 |
Bitcoin is to currency what Brawndo is to beverages. It's what currency craves.
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