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my brother said we're going to hit 5200 usd per btc tonight

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Thread replies: 14
Thread images: 3

File: crypto pepe meme.png (89KB, 500x550px)
crypto pepe meme.png
89KB, 500x550px
my brother said we're going to hit 5200 usd per btc tonight

just transfered 30,000 usd from my savings account into crypto and put it onto an exchange and have opened a long with 100x leverage at 2600 USD (never used this before but I looked it up and it says I can buy 100x as much bitcoin with the same amount of money so I thought that was cool)

I'm going to bed now so I can wake up a millionaire

good night /biz/
>>
Nice just bought 100k
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File: op.jpg (15KB, 227x250px) Image search: [Google]
op.jpg
15KB, 227x250px
>>3258451
>>
File: 1437451532447.gif (2MB, 360x270px) Image search: [Google]
1437451532447.gif
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>>3258451
ok I lost it when i got to the part where you were trading 100x leverage
>>
also beginner thread / btc general I guess
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>>3258451
That's a bold move, Cotton...lets see if it pays off...
>>
noob question here.

whats the advantage of altcoins compared to bitcoin? i heard ETH is backd by some startups and other companies.
>>
>>3258552
GET THE FUCK OUT OF MY BOARD REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
>>
You do realise that, on the off chance it would drop 11.5% down to 4030, your entire deposit would be ZEROED OUT, right?
I mean it's not likely. But 11.5% dips are not unheard of.
I would not bet my entire deposit on that chance.
>>
>>3258582
not a normie, been browsing for 6 years now.
i just want to know if the "backed by" meme means anything
>>
>>3258602
smart contracts like eth has give out tokens at ICOs and those tokens act like shares of a company and those companies pay people depending on how many tokens from a specific ico they have
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>>3258862
ETH=shitcoin launchpad infrastructure and nothing but
such value
wow
>>
>>3258602
all crypto is only """""backed by""""" the teams that work on them
>>
>>3258552

ethereum has a big ecosystem around it

for that reason its the safest buy currently
Thread posts: 14
Thread images: 3


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