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Seems frothy to me at these price levels Good place to speculate but hard to get behind putting money in you can’t live without. A manager I used to work with’s husband had like 10k socked into it, in 2011 / 2012 and had a cost basis below $1. Looked her up yesterday, given she’s working an IA job now, gotta assume he cashed out too early.
Probably best to wait for the next inevitable crash.
There is a lot of other coins out there that have potential.
Put in enough money that you could be okay with losing. If you put money in right now, you know you won't lose any more than that. But the gains have nearly limitless potential, so I call that a good bet . FWIW, I asked this same question back in March and many people told me it was a bad idea. Went ahead and bought a bunch anyway and obviously am pretty happy right now. Already cashed out a fraction, so I can just sit back and watch just how high btc price can go (or let it crash, and walk away).
It’s still early on and is still great buy. Blockchain is the future and bitcoin is most stable cryptocurrency out there. Buy and hold for long term
The best advice I've heard on bitcoin as an investment is why wouldn't you put part of your portfolio in it?
Ey 5. I did same. Put in 400, waited till it doubled and took my 400 out, let the rest ride
Only if u like gambling.
Up tenfold since then
I bought $200 worth a few weeks ago because why not. It’s very risky but so far I’ve made a few $$. Probably will buy more soon
Coins owned by major banks are the future in all likelihood. Bitcoin is pretty clearly not going to maintain this huge run imo. It's done the same thing before.
Blockchains being more widely used means more regulations from govt and more attention from the real financial big boys.
Plenty of manipulation in the Bitcoin market at the moment. I feel it’s not a long term investment - so if you have time for day trading there is $$ to be made
I got in at $200 low, but have incremented every time a dip happens. It's my play money.