1 bitcoin is $88,000 . How did this happen

[thaKEAF]

But I'm saying like what's the benefit. If I buy it, the shyt isn't in my bank account.

You can easily sell any crypto and transfer it to your bank account. Takes less than 2 mins to do so. The point is to keep building it up and hold though

 

[Artificial Intelligence]

I also have an account with crypto that I can’t access because I deleted he phone that had the info for the account… probly had 0.4 bitcoin in there

 

[T.H.E. Goat]

Should a breh be watching DOGE on some serious shyt?

Even if it reaches a few dollars getting in now could be a good flip right?

 

[Uitomy]

What is so hard about buying a little bit each paycheck?

Why would you need to compete with traders and corporations to do that?

It's so volatile people will get emotionally invested and not financially, you see how the stock market been laying waste to people the past 5 years. It's hard to see your investment go down 30% in like a few months and then there is an increase in food cost or rent. A lil bit each month is not going to do much for most Americans if they can't hold out for several years

 

[the bossman]

It's so volatile people will get emotionally invested and not financially, you see how the stock market been laying waste to people the past 5 years. It's hard to see your investment go down 30% in like a few months and then there is an increase in food cost or rent. A lil bit each month is not going to do much for most Americans if they can't hold out for several years

I'm sorry bruh but this mentality needs to change. You don't have to be a millionaire to invest so there is no need to compete with any corporation or bank. this mentality of instant gratification needs to die as well. $100 a paycheck or $100 a month into btc the last several years would've served the average person very well over the long hall.

 

[Don Homer]

I'm sorry bruh but this mentality needs to change. You don't have to be a millionaire to invest so there is no need to compete with any corporation or bank. this mentality of instant gratification needs to die as well. $100 a paycheck or $100 a month into btc the last several years would've served the average person very well over the long hall.

so if i can send $1000 a month into this for a few months, do i just sit on that and see what happens in the next few years?

like can i just transfer 5k and just watch what that becomes in like 10 years?

 

[karim]

Great article. Repped. We're slow walking into feudalism.

There is more

Peter Thiel and the American Apocalypse | Washington Spectator

Between the attempted assassination of Donald Trump, Joe Biden’s withdrawal from the race, and the rapid coalescence around Kamala Harris as the presumptive Democratic nominee, everyone’s rushing to…

washingtonspectator.org

We're living in a timeline with real live Bond villains and no James Bond

 

[Xyrax]

so if i can send $1000 a month into this for a few months, do i just sit on that and see what happens in the next few years?

like can i just transfer 5k and just watch what that becomes in like 10 years?

Yep. Even if all you did was put money in Bitcoin and none of the more risky ones, nobody that has ever invested in BTC and held for 4 years has ever lost money. The timeline towards the next run up can be lengthy, but it has always trended upward.

The best time to put that 5k is during the times when you are seeing articles about bitcoin 'crashing' like back during this thread:

https://www.thecoli.com/threads/crypto-is-crashing-the-next-downward-movement-will-be-detrimental-another-ftx-coming.947053/

Because back then Bitcoin crashed down to 15k a coin. And now as you can see today its 91k. When its up is when people usually start paying attention again. Theres still money to be made, but you may need to be patient if you want that huge multiple, because its already up 600% since then (give or take). Its definitely going to go higher, its just that that 5k could have already been 30k by now


If you can afford to lose it, and are willing to wait, give it a shot IMO.

 

[BigMoneyGrip]

What use is a bitcoin other than selling it to suckers?

If you ain’t jump on it back in 2010/11/12 it’s over for you

 

[Vaselclean]

Retail coming back?

Good. Pump up my $MSTR.

 

[Lonj]

I remember when the shyts crashed at the beginning of the pandemic down to like $3k a coin. I bought $1000 worth, sold it when it got to $16k and thought I was doing something.

 

[Lonj]

And at this point anyone talking about "it's a bubble" need to sit this one out. Brehs could have been living like oil sheiks by now if they had got in at the ground floor. Used to be able to cop one for pennies.

 

[Ɀoᥱɣ]

It's not too late but the room for profit is much smaller now unless you throw 5-6 figures at it, you'd be better off purchasing a bunch of stable ALTs instead.

 

[The Plug]

You can easily sell any crypto and transfer it to your bank account. Takes less than 2 mins to do so. The point is to keep building it up and hold though

So a serious question right now. If I buy $10000 worth of Bitcoin right now, what do you think I should do after? Am I supposed to immediately sell it after? Or is it better to keep that $10k of bitcoin there instead of a weak savings account?

 

[Capitol]

So a serious question right now. If I buy $10000 worth of Bitcoin right now, what do you think I should do after? Am I supposed to immediately sell it after? Or is it better to keep that $10k of bitcoin there instead of a weak savings account?

I don't really see a reason to sell because it seems to inevitably trend upwards without you doing anything but holding it. I would say its more so a retirement nest than a stock investment. Do more research into what it is and how to actually control it so you can see beyond it being a quick flip imo