Official CryptoCurrency Thread (Bitcoin, Litecoin, Ethereum & More)

bucks3115

Superstar
Joined
Dec 22, 2015
Messages
10,282
Reputation
1,603
Daps
23,608
About to purchase a whole bunch of Ripple from
Changelly. Exchange cryptocurrencies at the best rate.


Is this a good move?

I'm reading a book on different cryptocurrencies and this seems like a safe bet.

Ripple is the 3rd largest cryptocurrency by market capitalization.

Can you school me on this
I want to start investing in this



Wher can i start ?
If u link wher i can learn u can post it here
 

ecnirp1

mr. open source
Supporter
Joined
May 1, 2012
Messages
484
Reputation
355
Daps
883
i've got over $25K saved up to start a side business that i don't expect to see a profit from for at least 12 months.

if this business works, i'd expect to see a net return of about $40K annually.

would it make sense to invest that $25K savings into bitcoin instead? is there a legitimate chance of the price hitting $100K?
 

JahFocus CS

Get It How You Get It
Joined
Sep 10, 2014
Messages
20,462
Reputation
3,754
Daps
82,445
Reppin
Republic of New Afrika
i've got over $25K saved up to start a side business that i don't expect to see a profit from for at least 12 months.

if this business works, i'd expect to see a net return of about $40K annually.

would it make sense to invest that $25K savings into bitcoin instead? is there a legitimate chance of the price hitting $100K?

I wouldn't recommend putting all your eggs into the Bitcoin basket like that, particularly at the expense of a business you would control. Personally I would buy maybe 1 coin if I were you, or even a fraction of a coin just to have something in it.
 

mamba

Veteran
Joined
Jun 14, 2012
Messages
18,065
Reputation
3,335
Daps
88,816
Reppin
Underdeveloped Minds Research Institute
i've got over $25K saved up to start a side business that i don't expect to see a profit from for at least 12 months.

if this business works, i'd expect to see a net return of about $40K annually.

would it make sense to invest that $25K savings into bitcoin instead? is there a legitimate chance of the price hitting $100K?

:whoa:

I wouldn't toss $25k in, breh.

Like @JahFocus CS mentioned, start with one coin. That's enough for now.

With that other $18k, drop that money into some index funds, CD ladders, etc.
 

Bone$

Dynasty Continues...
Joined
May 1, 2012
Messages
14,283
Reputation
1,620
Daps
25,568
i've got over $25K saved up to start a side business that i don't expect to see a profit from for at least 12 months.

if this business works, i'd expect to see a net return of about $40K annually.

would it make sense to invest that $25K savings into bitcoin instead? is there a legitimate chance of the price hitting $100K?
Just think, if you had maxed out on coins this time last year, you would have over 150k :mjcry:.. I feel the same
 

ecnirp1

mr. open source
Supporter
Joined
May 1, 2012
Messages
484
Reputation
355
Daps
883
I wouldn't recommend putting all your eggs into the Bitcoin basket like that, particularly at the expense of a business you would control. Personally I would buy maybe 1 coin if I were you, or even a fraction of a coin just to have something in it.
good looks... i was just thinking that all this shyt is a gamble, even with a solid business plan. but i think you're right
 

You Win Perfect

bow down
Joined
Jan 31, 2013
Messages
14,994
Reputation
-1,964
Daps
39,298
good looks... i was just thinking that all this shyt is a gamble, even with a solid business plan. but i think you're right
its just like the stock market and the casino. you can research all you want but you NEVER KNOW. its more difficult for people without disposable income because they are more hesitant to take risks.
 
Top