Is bitcoin an actual good long-term investment?
Is it stable enough at this point?
I lost $100 on it and panic sold earlier this week. I realize my mistake. I'm not interested in daytrading.
inb4 "buy high sell low"
>>2658653
just buy some bitcoins and lock them for 5 years senpai
>>2658653
Go for it, buy now and get back to it in 3 months. Daytrading would make me go insane.
>Panic selling after losing $100
Never get into the stock market. You'll kill yourself in a week.
Look at this shitcoin. Barely moving while the entire market is moving.
Imagine those "iron hand cucks" who hodl their DGB while they could easily make so much profit in other coins.
Meanwhile the "sold at a loss faggots" sold at 1600-1700, will make some nice gains as ETH is mooning and will buy back in a week or so at 700-750 sat.
truly the crypto-brainlet's coin
>7 hour chart
>not holding everything till at least 2020
It's like you want to be poor
I have 850k that I have had since 2014. Got in at 30sat avg and have been keeping them in my wallet. Not worried. Either I'm out the cost of mining/consolidating (couple hundred dollars), or wait till it goes big. Either way, not worried.
>tfw you fell for the robinhood meme
Alright i'm ready to pull my shekels before i lose more. Which crypto should I put it in? I'm looking for a long term hold.
>>2658446
Wait until after August 1st
>>2658446
Being this bad at trading and thinking crypto will save you...
Bruh, the volatilities even worse in crypto. This buy high sell low weak handed mentality will leave you destitute and sucking dicks for tendies, save your money.
Man that is sad looking
Dude don't listen to these fools, u can earn with crypto, I just have to be patient and smart about it..
I'll help u out with some long hodls, but I ain't gonna just hand it to u..
Look for good coins with backing and live dev team,
Good long holds are newish coins that are still a ways down the list
>Coins that work with anon type shit and focus on privacy are good picks
>Look into foreign app/games that use coins as game money
>look into coins that are good entry/exit points in other countries
>coins that have pos pow and shit are good ones
Buying is easy
But when do I sell???
>>2658423
>But when do I sell???
When the price is higher.
>>2658423
Below you buy price it's not that hard
If you're as uncomfortable as your pic related, sell.
I'll start
>Market is good
>'My 401k is killing it!'
>Market is bad
>'Ive lost so much money on my 401k!!!'
>dont buy bitcoin is a bubble
"bitcoin? You mean that thing drug dealers use? Hmmm."
>>2658366
If you want to rage, then go to the yahoo message boards whenever something about Bitcoin comes up
These are actual comments:
"The key is getting someone to buy it. Something is only valued at whatever someone is willing to pay for it. No one is going to give you 72 million dollars for your stack of fake money. So, it's really not worth anything."
"So a bitcoin is worth more than an OZ of gold, sorry having a tough time buying that..."
"There was a time, not long ago, when the owners of Beanie Babies said the same thing!"
"Too bad you wouldn't be able to convert it into any meaningful method of currency exchange. Imagine having a $1B in bitcoin, but couldn't pay a pizza delivery boy with any of it."
> refusing to buy the dip
> october 2017 ESPER$ top 10 coin
> kys
do you have that in a medium, sir?
ESP or ESP2?
Protip: No one cares.
BAT is the mega coin of 2017. I'm calling $2 per BAT by the end of the year. Shit is only 15 cents right now. Do you realize how insane that is for something that could change the entire world?
it's a good sign that there are so many kids that are buttblasted over BAT
just means they haven't bought in yet and will when the price starts getting pumped on polo
>>2658189
Can you give me a basic gelstat ?
Pajeets shit 10 coins every single day, it's hard to follow.
>coin for a browser NO ONE uses
I'll pass.
This is a friendly reminder that everything is returning to normal. Good times are here again. Get in while you can!
>>2658000
learn to read charts before you post retarded shit
>>2658071
Learn to draw meme triangles on a market manipulated by holders and day 1 adopters
So I downloaded the Bitcoin Core wallet on my desk top. It says it has to sync with the bitcoin network, i was in a hurry because I was worried that coinbase was going to close my account so I sent the bitcoin from coinbase to the Bitcoin Core wallet on my desktop, now it says that it wont be finished syncing the wallet untill tomorrow, it only synced about 10% since yesterday. Does anyone have any insight into why it takes so long? Anything i can do to get my funds before then, it says the balance wont be accurate until the wallet wallet is done syncing.
It's P2P, plus the blockchain is like 120gb.
>>2658041
so it basically has to download every single transaction that has ever occured? or its just connecting with every singe bitcoin wallet out there?
>>2658063
To put it simply yes its basically downloading everything, if you need something to get your coins in right away get electrum wallet (bitcoin) or something more normie-suitable like Exodus wallet (supports bitcoin/litecoin/ethereum, and others). Those wallets don't need to sync up because it connects with other 3rd party servers to get all that transaction data (i.e. you dont have to download it yourself).
So just send yourself the funds to the wallets on these apps.
If you've sent your funds to the wallet/address on bitcoin core already, you should be able to backup that wallet and then import it to one of those other programs.
I'm a poorfag, but want to get land eventually. It's fucking expensive, so I've just been investing money in buttcoins in the meantime.
There is always value in land.
Just don't buy near the coasts, 'cause that shit will be fucked in the next 30-40 years.
location location location
>>2657934
you buy a lot of land and make it a huntingground
Is it possible even the Whales are Mentally Retarded in Crypto? This is ZEC, what happened here?
>>2657862
>what is ZEN
>>2657891
>what is ZEN
a fucking lead weight?
>>2657862
1: Everyone is mentally retarded, the average IQ in the USA is 98 which is so fucking dumb it's a joke.
2: You don't know what you're talking about and you're interpreting that chart wrong.
the irony of this is rich.
>Be noANser in 10 yrs
>"Daddy, why didn't you buy NEO when it was still called ANS back in 2017?"
>I was heavily invested in ETH back then, dear
>"But daddy, Shenene's daddy says that his 100 NEO's only cost him around $800 back then and they live in a big mansion with a swimming pool! Also her mommy didn't leave him!"
>Sigh, this converstation again
>Step outside of trailer
>Put shotgun in mouth
>End miserable poor existence with a black child
>>2657839
>End miserable poor existence with a black child
>a black child
I see you got your girlfriends kid in the divorce
>>2657839
OP, why the fuck would live with child thats not mine?
And obviously would never have bt-1000 gilrfriend. I'd rather fap myself into grave - its less risky.
Stupid nigger invested in jewtheriums and got fucked over like the niggering nigger he is
I just found out that there is the potential for big things to go down on August 1st. THIS IS NOT A DRILL. Apparently bitcoin will likely be split into two, which means that you can kiss half your gains goodbye overnight. Get out now while you still can.
You can read about it here: https://bitcoinmagazine.com/articles/bitcoin-beginners-guide-surviving-bip-148-uasf/
I can't believe that more of you retards here aren't aware of this issue and cashing out or putting your money into Ethereum (which is basically the next bitcoin anyways since it can run literally ANYTHING, even the whole internet).
This is the only time I'll be posting this, I just pulled out my money to buy back in when BTC is half-price on Aug 1st. The normies are going to get so fucked, it will be glorious.
>I just found out
You are the newfag
And ethereum was literally split and the new one got to where it is now, dumbass
>>2657838
then why is no one talking about what could be the biggest moment in crypto history?
>>2657968
Cause you are some retardrr faggot that hasn't been on this board for more than five minutes?
Eth forked like four times already.
If I short a coin, and the price fell lower than my buy back price, does that count as a loss?
>>2657703
What does shorting mean? I am new here.
>>2657703
This is what we're dealing with, /biz/
Prepare your anus for a whole new level of retard
Should I wait after august 1st before i start cryptotrading?
>>2657671
definitely not
the dips will be felt before, not after
>>2657671
of course, no one would be stupid enough to buy before August 1st, that's literally reckless gambling
I went all in with my life savings (20k) into Bitcoin at 3000.
Will it ever recover? I'm starting to get a bit scared.