i find the ted talks are the easiest to digest for concepts of blockchain tech. I tend to watch a video and read a couple articles everyday and over time that has helped me understand and now believe in the tech. I know a lot of computer tech, nerd tech, network engineers, type people who have helped explain it more and its pretty much universally accepted by all of these people that this stuff is not going anywhere.
(01-19-2018, 03:37 PM)The Real Marty Wrote: [ -> ] (01-18-2018, 02:39 PM)imtheblkranger Wrote: [ -> ]The argument can be made that Block Chain technology is the bigger picture than Crypto, but I think both will be huge eventually.
They had a long long long (did I say long?) article about that in the New York Times today. I got about halfway through and got totally lost.
https://www.nytimes.com/2018/01/16/magaz...ubble.html
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[url=https://www.nytimes.com/2018/01/16/magazine/beyond-the-bitcoin-bubble.html]
Nice. I'll give it a thorough read when I have a few free hours lol
Is anyone still in crypto? If so, where do you trade?
I'm not getting in big, just starting to do more homework on it.
I was initially skeptical, but I'm starting to believe crypto will be around for the long run.
Get one that actually is done by the banks and cc, my brain is forgeting which one that is, but it hasn't lost money over the last 4 months. Bitcoin is a ponzi, its myspace before facebook.
Litecoin and Ethereum appear to be much better values than Bitcoin right now.
I think the vast majority of money to be made has already been made, but still not bad if you can beat the markets in return. Still, I'm only considering it as "gambling money" and not something worth putting significant portion of investments into.
(05-15-2018, 01:52 PM)pirkster Wrote: [ -> ]Is anyone still in crypto? If so, where do you trade?
I'm not getting in big, just starting to do more homework on it.
I was initially skeptical, but I'm starting to believe crypto will be around for the long run.
Just my opinion, but I would NOT invest in any of that. IF I put any of my money into it, it would be a very small amount that I'm willing to lose... as you suggested, "gambling money". While yes, you could get a big return on your investment, but at the same time you could lose it easily and quickly. It's much too volatile for me and it has no "real" value.
With that being said, it all depends on your investment style, your age, your income and your goal. I personally look at investing in the stock market for the "longer term" (more than 12 months at a minimum) when investing in a single security or sector. I don't invest for "income" I invest for growth.
I want to buy 1 bitcoin, and see if i can cash out in a few years.
I missed out big time. So it pains me tosee anything bit coin related. I could have my house paid off by now. I was moving bitcoin when it was about $200 per coin. Had to stop due to too much power usage at that time.
(05-15-2018, 08:36 PM)jagibelieve Wrote: [ -> ] (05-15-2018, 01:52 PM)pirkster Wrote: [ -> ]Is anyone still in crypto? If so, where do you trade?
I'm not getting in big, just starting to do more homework on it.
I was initially skeptical, but I'm starting to believe crypto will be around for the long run.
Just my opinion, but I would NOT invest in any of that. IF I put any of my money into it, it would be a very small amount that I'm willing to lose... as you suggested, "gambling money". While yes, you could get a big return on your investment, but at the same time you could lose it easily and quickly. It's much too volatile for me and it has no "real" value.
With that being said, it all depends on your investment style, your age, your income and your goal. I personally look at investing in the stock market for the "longer term" (more than 12 months at a minimum) when investing in a single security or sector. I don't invest for "income" I invest for growth.
I mean you shouldnt invest any money in anything that you arent willing to lose, unless you're just buying cds and bonds.
(05-18-2018, 02:29 PM)Dimson Wrote: [ -> ]I missed out big time. So it pains me tosee anything bit coin related. I could have my house paid off by now. I was moving bitcoin when it was about $200 per coin. Had to stop due to too much power usage at that time.
As long as you made money you did alright. I mean I owned like 50 Amazon shares at like $100 a share years ago. I sold it for a profit at $220. Now its worth $1500?!?, you can't predict unrealistic meteoric rise.
(05-29-2018, 01:33 PM)HandsomeRob86 Wrote: [ -> ] (05-18-2018, 02:29 PM)Dimson Wrote: [ -> ]I missed out big time. So it pains me tosee anything bit coin related. I could have my house paid off by now. I was moving bitcoin when it was about $200 per coin. Had to stop due to too much power usage at that time.
As long as you made money you did alright. I mean I owned like 50 Amazon shares at like $100 a share years ago. I sold it for a profit at $220. Now its worth $1500?!?, you can't predict unrealistic meteoric rise.
I knew it would rise. I should have just bought in instead of trying to mine.
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(01-17-2018, 11:31 AM)UCF Knight Wrote: [ -> ]Bitcoin was obviously pumped up in mid December and tons of people were buying in. It really had no place to go but down at that point. Lots of people lost a lot of money.
Almost all stocks are down since December too.
It'll probably hit 6k and hover up and down a couple thousand until they see another recession in the market and eventually stable out. Everything's been more unstable since December, 2017.