1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:

[calixprynce]

 

[calixprynce]

weak hands always fold , get brolic

 

[yung Herbie Hancock]

Weak hands. Let us know how much higher you bought back when you do

I don't plan on buying back into BTC. I'm going to use the money to invest more into xPeng.

 

[heisenburrr]

I don't plan on buying back into BTC. I'm going to use the money to invest more into xPeng.

Have fun staying poor

 

[calixprynce]

I don't plan on buying back into BTC. I'm going to use the money to invest more into xPeng.

shytcoin ass nikka prolly wear Shaqs

 

[heisenburrr]

shytcoin ass nikka prolly wear Shaqs

I had to look it up.

It's a chinese EV company.

Sell the future reserve currency of the world for a chinese Tesla bootleg brehs

Cant make this shyt up

 

[Koli_Kat]

I had to look it up.

It's a chinese EV company.

Sell the future reserve currency of the world for a chinese Tesla bootleg brehs

Cant make this shyt up

 

[Koli_Kat]

How heavy do you guys suggest going into alts ? Like chain link, xrp and uniswap?

 

[bammtronics]

How heavy do you guys suggest going into alts ? Like chain link, xrp and uniswap?

Not heavy, unless you understand and believe in what they're doing different. Link the only one so far that I frequently over, but I still don't quite understand why since it's an ETH based token, can't I just hold ETH and still benefit?

 

[yung Herbie Hancock]

Have fun staying poor

I'm up 900% YTD from the stock market. I'm cashing out of this Bitcoin shyt

 

[mannyrs13]

I'm up 900% YTD from the stock market. I'm cashing out of this Bitcoin shyt

All depends on your average cost and amount held. Right now I got $600 worth of bitcoin. Lets say it doubles to 40k in a year. That 600 is now worth 1200. Some money made but barely anything and not the same if a lower price alt or a stock/etf would double and I had more shares. BTC I believe I heard is mostly owned by large institutions or whales. Plus with a limited supply, that doesn't leave much for small investors like us. I think it will eventually stabilize as more whales load up and take more of the supply. It's an alternative to fiat and not much else. Still needs to be converted in the long run. Once it gets universal acceptance then I can see it trying for that 100k mark but I doubt it will replace fiat cuz of all the different currencies out there and each government wanting to control their money. Gonna be hard to replace fiat with btc. Especially at a limited supply and if they raise the limit, that lowers the value. Its not a bad investment as evidenced by that chart that was posted, but unless you holding a decent amount of coins, may not be worth it.

 

[yung Herbie Hancock]

All depends on your average cost and amount held. Right now I got $600 worth of bitcoin. Lets say it doubles to 40k in a year. That 600 is now worth 1200. Some money made but barely anything and not the same if a lower price alt or a stock/etf would double and I had more shares. BTC I believe I heard is mostly owned by large institutions or whales. Plus with a limited supply, that doesn't leave much for small investors like us. I think it will eventually stabilize as more whales load up and take more of the supply. It's an alternative to fiat and not much else. Still needs to be converted in the long run. Once it gets universal acceptance then I can see it trying for that 100k mark but I doubt it will replace fiat cuz of all the different currencies out there and each government wanting to control their money. Gonna be hard to replace fiat with btc. Especially at a limited supply and if they raise the limit, that lowers the value. Its not a bad investment as evidenced by that chart that was posted, but unless you holding a decent amount of coins, may not be worth it.

I still don't understand why people are investing in bitcoin instead of investing in blockchain technology

 

[mannyrs13]

I still don't understand why people are investing in bitcoin instead of investing in blockchain technology

Mainly FOMO. Most my crypto investment is in alts but I figured why buy BTC when its high when I could get better returns elsewhere at a lower value. it has had quite a run but how many are really profiting big like that? the tech is whats gonna drive the market in the future.

 

[yung Herbie Hancock]

Mainly FOMO. Most my crypto investment is in alts but I figured why buy BTC when its high when I could get better returns elsewhere at a lower value. it has had quite a run but how many are really profiting big like that? the tech is whats gonna drive the market in the future.

Yep pretty much. I'm on the look out for: blockchain technology, ioT software/analytics, Satellite communications tech.

 

[heisenburrr]

How heavy do you guys suggest going into alts ? Like chain link, xrp and uniswap?

I still don't understand why people are investing in bitcoin instead of investing in blockchain technology

Because you stoopid.

Bitcoin is a multi trillion dollar market.

You are throwing money at things you don't understand its pathetic really