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50K to invest BTC

Discussion in 'BlackHat Lounge' started by savax, Oct 12, 2017.

  1. Jiung

    Jiung Jr. VIP Jr. VIP

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    You're putting your trust too high on what strangers from the internet are saying.
     
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  2. zinxpxbl

    zinxpxbl Junior Member

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    Depending on your risk apetite, keep 80-90% of your crypto portofolio in BTC, make raids into whatever you feel like but keep that as a pillar. If you're VERY experienced, with trading in general, and after a year or so like this, can slowly lower your cash (ie, BTC) position, but probably never under 50%.

    Remember that there's two kinds of people trading : those who trade to make money and those who trade to feel like they're traders. The latter kind are what provides the money for the former kind.
     
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  3. Slakpahana

    Slakpahana Junior Member

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    buy after fork
    try alt coins trading
     
  4. 55trillion

    55trillion Power Member

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    I am trading from past 10 years and now i fall into first kind of traders. But i have seen lot of (most of) traders of second kind when i was working as a stock broker.
    Whatever you mentioned is "Golden words".
     
  5. savax

    savax BANNED BANNED Jr. VIP

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    Now I want to buy some BTC from localcoin but 1 question? the seller want the money with WESTERN UNION, What is guarantee If I paid and he not release the BTC?
     
  6. BassTrackerBoats

    BassTrackerBoats Super Moderator Staff Member Moderator

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    Dude, please do not do that.

    Please.
     
  7. iliketurtlez

    iliketurtlez Junior Member

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    Not having any knowledge of btc and investing at all time high.. sounds like a terrible idea doesnt it? Im sure u can find something else to invest in where you have more knowledge and can make a better descision.
     
  8. zinxpxbl

    zinxpxbl Junior Member

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    Problem is Bitcoin spent about 800 days over the past 1825 days (5 years) at or near an all time high.
     
  9. savax

    savax BANNED BANNED Jr. VIP

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    Why? can you explain more please? the seller have over 100 confirmed trades.
     
  10. Froz3nz

    Froz3nz Registered Member

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    Dont buy now..just wait, it will comedown.
     
  11. BassTrackerBoats

    BassTrackerBoats Super Moderator Staff Member Moderator

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    You have no recourse with WU + you are not well versed in this "investment". I use investment as loosely as it can possibly be used here as BTC is not an investment vehicle as much as it is a commodity gamble.

    I'd much rather see you put that money into an actual investment that has a much more solid platform and is not prone to huge swings.
     
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  12. uncutu

    uncutu Elite Member

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    western union is scammer paradise. i wouldn't risk anything on there.
    meet seller somewhere public, have him send the coins, wait for 1 confirmation, give him the cash. there should be a blogpost or faq or something on how typical localbitcoins transaction goes down.
     
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  13. DConny1

    DConny1 Registered Member

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    I believe the price will keep climbing until the fork in the next two weeks. People are selling their alts to load up on BTC to get that "free" BTCGold.

    So use that info as you will. Also, 5k price now could go down over the next couple months but it's hard to believe it won't exceed and create new ATH's in the long run.
     
  14. Gestein

    Gestein Newbie

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    I think Bitcoin has every chance to grow to 5500 and then there will be a fall.
     
  15. Kode

    Kode Junior Member

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    Haha. It already pased that now. It's at 5700+
     
  16. AppSally

    AppSally Newbie

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    BTC is so crazy now, don't know when to buy :(
     
  17. savax

    savax BANNED BANNED Jr. VIP

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    Yesterday I bought 1 Btc 5277 Today I sold 5641 = 364 Prof in day and my first trade.:) without Western Union.
     
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  18. DupM

    DupM Registered Member

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    Well one thing is for sure you would have made really good money if you had invested instead of talking about it.
     
  19. 55trillion

    55trillion Power Member

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    This is what i told you yesterday.
     
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  20. savax

    savax BANNED BANNED Jr. VIP

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    I just bought some more BTC but its in pending on my wallet NOW Question is can I sell it another person ? BTC is pending but Blockchain allow me send it.