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Buying Bitcoin

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Albert View Drop Down
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    Posted: September 02 2017 at 9:51am
Of course I've been in the market for awhile, and it's been so-so.  Almost bailing out of market, but going for a long term in buying Litecoin as it's cheaper than the bitcoin and it's suppose to replace the bitcoin, which is at $4,581.  Seems to be exploding in the Asian markets and keeps doubling.

Anyone here have any experience trading crypto currency?  Let me know if you have any thoughts on this.  I'm currently using coinbase.com for trading it, but just starting to dabble in.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Albert Quote  Post ReplyReply Direct Link To This Post Posted: September 10 2017 at 6:51am
Figured I better post this since people may have invested in bitcoin and cryptocurrency. China is on the verge of banning cryptocurrency from trading on their exchanges. If this takes place, a crash of biblical proportions on the bitcoin (and all the others) would take place as China makes up 90% of all crypto trading. This potentially means prices could plummet to the tune of 90%. Nothing is for sure, but the stakes are far too high with this rumor to take the chance, in my opinion.
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FluMom View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote FluMom Quote  Post ReplyReply Direct Link To This Post Posted: September 10 2017 at 10:54am
Old people like me do not know what bitcoin is. Where is it stored how would you know if you lose it since you do not hold it like cash or gold/silver. Crypto or Litecoin sounds just as bad.

Why would people use this "money" much less trade it. You may be trading air...LOL.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote jacksdad Quote  Post ReplyReply Direct Link To This Post Posted: September 10 2017 at 11:36am
Ignore him, FluMom. This Albert guy is clearly a scammer.

Juuuuuus kidding LOL


"Buy it cheap. Stack it deep"
"Any community that fails to prepare, with the expectation that the federal government will come to the rescue, will be tragically wrong." Michael Leavitt, HHS Secretary.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote hachiban08 Quote  Post ReplyReply Direct Link To This Post Posted: September 10 2017 at 12:44pm
Haha Flumom, I'm fairly young, 27, and have no idea how bitcoin works either. However, some of my friends are now investing in it. I wouldn't mind trying out the stock market one day as one of my photographers plays it often and could give me tips  
Be prepared! It may be time....^_^v
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FluMom View Drop Down
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Post Options Post Options   Thanks (1) Thanks(1)   Quote FluMom Quote  Post ReplyReply Direct Link To This Post Posted: September 10 2017 at 3:26pm
They stock market is like Las Vegas plan on losing. I do have a little money in it but all blue chip stocks that pay great dividends. They do not go up much and do not go down much. I try and buy these stocks on big dips but they never dip much. I just buy these great stocks and reap dividends and do not sell them.
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Technophobe View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Technophobe Quote  Post ReplyReply Direct Link To This Post Posted: September 10 2017 at 3:41pm
FluMom's advice is good there.  It is possible to make a fortune, but the bigger the gain the bigger the risk.

A lot of people forget - or never knew in the first place - that not only can the shares themselves go up and down but they pay dividends every year as well.  Nice, safe blue chip stuff is a great place to start.

Her advice is good, Hachi'.
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Albert View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Albert Quote  Post ReplyReply Direct Link To This Post Posted: September 11 2017 at 2:09am
China is going to ban it, but prices will only drop 25%.  Cyrptocurrency and electronic currency seems to be the way of the future and the new gold.  Some analysts say that bitcoin could rise to 600,000 in a couple years.  I'm a little partial to litecoin as it is so explosive and up 1600% this year, but bitcoin is always solid.

Anyway, if you want to trade it, or invest in it, I use www.coinbase.com

You might want to wait a couple days until the China ban fully takes place and get it low. Will keep people posted.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote ParanoidMom Quote  Post ReplyReply Direct Link To This Post Posted: September 11 2017 at 5:08am
I've heard of bitcoin but just assumed it was the currency used in places like the Dark Web. Since I can't say for sure there really is a Dark Web,I figure it's like monopoly money.

I think i just discovered the silver lining in living paycheck to paycheck. Any extra money goes into prepping for a rainy day. I can't get myself into too much trouble if I don't have the money for other types of investing. ☺
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Albert View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Albert Quote  Post ReplyReply Direct Link To This Post Posted: September 11 2017 at 10:21am
Bitcoin and Litecoin are about to crash very soon (maybe next 24 - 48 hrs) once the Chinese realize they can't trade it any longer.  Will be a great opportunity, I think anyway.    I'm waiting for the news to break, and buying after the crash / bottom.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Albert Quote  Post ReplyReply Direct Link To This Post Posted: September 12 2017 at 12:18pm
Bitcoin crash is beginning now - and huge buying opportunity very soon.  DO NOT touch it now, but very soon after crash.  I will tell you when.

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Post Options Post Options   Thanks (0) Thanks(0)   Quote hachiban08 Quote  Post ReplyReply Direct Link To This Post Posted: September 12 2017 at 9:31pm
Thanks for the tips, Flumom and Techno. I'll look into that :) My photographer is a hot sauce maker and he invests in Nintendo and Netflix stocks.
Be prepared! It may be time....^_^v
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Albert View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Albert Quote  Post ReplyReply Direct Link To This Post Posted: September 15 2017 at 7:32am
Seems that China could be out and it's really bouncing off bottom "at the moment".  I took the plunge into LTC Litecoin.  God help me. lol
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Technophobe Quote  Post ReplyReply Direct Link To This Post Posted: September 15 2017 at 7:35am
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Albert Quote  Post ReplyReply Direct Link To This Post Posted: September 16 2017 at 4:44am
I think the sell off is basically done and this should be the bottom.  Although some exchanges don't close until Oct 31st, they are also not taking new deposits and customers.  The new China investors may also find a new way to get in via other platforms, yet boosting the price.  We should be at the bottom.

https://qz.com/1078652/bitcoins-btc-price-is-under-pressure-as-chinas-three-biggest-exchanges-btcc-okcoin-and-huobi-will-soon-halt-local-trading/

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Albert View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Albert Quote  Post ReplyReply Direct Link To This Post Posted: October 02 2017 at 8:03am
Bitcoin up another $250 over the weekend and is now on the move.  Bitcoin forks / splits into Bitcoin Gold on October 25th, at which people get free bitcoin gold.   Had to xfr a portion of my litecoin to bitcoin for this one.  This new currency movement is beginning to explode.  Fun stuff.  
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Albert View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Albert Quote  Post ReplyReply Direct Link To This Post Posted: October 08 2017 at 5:58am
Analyst uses physics to forecast target price on Bitcoin at 6,300 by beginning of 2018. I personally think it will be much higher, and no physics involved. Remember, if you also own bitcoin come October 25th when it splits, you will get free Bitcoin Gold, which should open at around $500 and quickly rise. 

Most of the investments are based on speculation, and each person should do their own research.  I'm not giving investment advice, and simply sharing information.


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Albert View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Albert Quote  Post ReplyReply Direct Link To This Post Posted: October 12 2017 at 3:42am
Bitcoin just hit record all-time high as China is on brink of resuming trading.  

Analyst says will hit 27,000 in 4 months?  

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Albert View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Albert Quote  Post ReplyReply Direct Link To This Post Posted: Yesterday at 7:55am
Dang... Bitcoin is now about to break 6,200.  Was at 4,200 3 weeks ago.  Really exploding, especially before the split to Bitcoin Gold on October 25th.  
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