# Anyone end up investing in Bitcoins? **URL:** \ **Category:** NYSpeed Off Topic\ **Created:** [October 21, 2013, 8:34pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431 "2013-10-21T20:34:08Z")\ **Posts on this page:** 20\ **Page:** 30
**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\ **Post date:** [December 12, 2017, 9:08pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/581 "2017-12-12T21:08:16Z")
i dont agree with day trading. i’ve tried to time the market and i’ve made money but i think you should only be putting the money in if you believe that it will be more valuable later. if BTC becomes common place people will have to buy it and the volume alone will spike the price many times over. it’s simply a matter of volume and scarcity. But that is only if digital currency really becomes a thing, which i think it really will. The fact that there are so many clear benefits to making the whole system of digital currency work is why i am supporting it with my money. Unless you end up with Lambo money. If you end up with Lambo money you Lambo, don’t fuck around. \*edit, i think for this forum i meant if you end up with Mclaren money you Mclaren. ---
**Author:** ![nermoria](https://avatars.discourse-cdn.com/v4/letter/n/b9e5f3/32.png) [@nermoria](https://forums.speedlife.net/u/nermoria)\ **Post date:** [December 12, 2017, 10:16pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/582 "2017-12-12T22:16:59Z")
What if you do both? I mean I would rather be inside and warm and make more money that way than what I do now especially in winter. I understand for those that make 100k plus already it’s not as appealing. I guess time will tell. I just like looking at the numbers and calculating/analyzing on the go much more than I do rolling around in the snow with -10 wind gusts going up my back while I’m trying to fix this or that. This is a personal case , Not everyone is in the same situation. Lets revisit this a few months down the line, and see where we are at. ---
**Author:** ![Skurge](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/skurge/32/7285_2.png) [@Skurge](https://forums.speedlife.net/u/Skurge)\ **Post date:** [December 13, 2017, 5:30am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/583 "2017-12-13T05:30:53Z")
> [@ubengineering](#): > > [ATTACH]37340[/ATTACH] > > Mining Rigs open air coming right up! I’m gonna sell for 70 shipped. Cost 20 to make, then 10 to ship in continental states. I’m gonna make one and see if it sells. Taking roughly an hour to do. let me know when its done, i’d like to take a look, we will be ordering our next rig in a week or so. is there going to be mounts for a row of fans for the GPU’s? ---
**Author:** ![Blue\_Eyed\_Devil](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/blue_eyed_devil/32/7292_2.png) [@Blue\_Eyed\_Devil](https://forums.speedlife.net/u/Blue_Eyed_Devil)\ **Post date:** [December 13, 2017, 6:31am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/584 "2017-12-13T06:31:06Z")
HELLO?!?!? A little help here? Did you guys give up your bank account sign-in and password and driver’s license and SS#? I know I am old but I was taught to never give that shit up. ---
**Author:** ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)\ **Post date:** [December 13, 2017, 6:37am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/585 "2017-12-13T06:37:34Z")
> [@Blue Eyed Devil](#): > > HELLO?!?!? A little help here? > > Did you guys give up your bank account sign-in and password and driver’s license and SS#? I know I am old but I was taught to never give that shit up. Yep. And that’s pretty standard in opening any financial account. ---
**Author:** ![LZ1](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@LZ1](https://forums.speedlife.net/u/LZ1)\ **Post date:** [December 13, 2017, 6:42am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/586 "2017-12-13T06:42:44Z")
> [@Blue Eyed Devil](#): > > HELLO?!?!? A little help here? > > Did you guys give up your bank account sign-in and password and driver’s license and SS#? I know I am old but I was taught to never give that shit up. The data on your drivers license is secure? If you’re talking about Coinbase its FDIC insured and fairly legit not to mention your SS# has probably been hacked 10x already. - - - Updated - - - The people trying to day trade this realize most of them drop every night right? ---
**Author:** ![Blue\_Eyed\_Devil](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/blue_eyed_devil/32/7292_2.png) [@Blue\_Eyed\_Devil](https://forums.speedlife.net/u/Blue_Eyed_Devil)\ **Post date:** [December 13, 2017, 7:03am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/587 "2017-12-13T07:03:09Z")
Thank you. And I knew LZ would question my license comment. 🙂 I was signing up on Gemini. Are they fairly legit? - - - Updated - - - Screw it, I will use coinbase I guess. ---
**Author:** ![Wahoo](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/wahoo/32/8265_2.png) [@Wahoo](https://forums.speedlife.net/u/Wahoo)\ **Post date:** [December 13, 2017, 7:10am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/588 "2017-12-13T07:10:41Z")
Finally my bitcoin purchase on Coinbase with my bank account now processed. Do I need to sell it in order to bring the money into gdax? ---
**Author:** ![Motocrossx23](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/motocrossx23/32/5120_2.png) [@Motocrossx23](https://forums.speedlife.net/u/Motocrossx23)\ **Post date:** [December 13, 2017, 7:14am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/589 "2017-12-13T07:14:48Z")
GDAX is the parent company of coinbase IIRC so no ---
**Author:** ![Onyx\_Z32](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/onyx_z32/32/7581_2.png) [@Onyx\_Z32](https://forums.speedlife.net/u/Onyx_Z32)\ **Post date:** [December 13, 2017, 7:15am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/590 "2017-12-13T07:15:09Z")
> [@Blue Eyed Devil](#): > > I was signing up on Gemini. Are they fairly legit? > > Screw it, I will use coinbase I guess. I’m sticking with Coinbase / GDAX. There’s something about the Winklevoss Twins (Gemini, get it?) that creeps me out, lol. > [@Wahoo](#): > > Finally my bitcoin purchase on Coinbase with my bank account now processed. > > Do I need to sell it in order to bring the money into gdax? When you’re logged into Coinbase, open a new tab and go to GDAX. I didn’t have to really setup anything it just pulled my account info, even my login, from Coinbase. You can do an account transfer to GDAX from Coinbase, no need to sell. It’s the same company. ---
**Author:** ![Wahoo](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/wahoo/32/8265_2.png) [@Wahoo](https://forums.speedlife.net/u/Wahoo)\ **Post date:** [December 13, 2017, 7:20am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/591 "2017-12-13T07:20:27Z")
> [@Onyx Z32](#): > > I’m sticking with Coinbase / GDAX. There’s something about the Winklevoss Twins (Gemini, get it?) that creeps me out, lol. > > When you’re logged into Coinbase, open a new tab and go to GDAX. I didn’t have to really setup anything it just pulled my account info, even my login, from Coinbase. > > You can do an account transfer to GDAX from Coinbase, no need to sell. It’s the same company. My bitcoin purchase on Coinbase doesn’t show up on gdax. Even though I bought the bitcoin on CoinbaseI I can sell it on gdax? Figure I would try to have less fees. - - - Updated - - - Oh I go to deposit to deposit in gdax from CoinbaseI? This doesn’t sell it right just transfers? ---
**Author:** ![Onyx\_Z32](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/onyx_z32/32/7581_2.png) [@Onyx\_Z32](https://forums.speedlife.net/u/Onyx_Z32)\ **Post date:** [December 13, 2017, 7:23am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/592 "2017-12-13T07:23:28Z")
> [@Wahoo](#): > > My bitcoin purchase on Coinbase doesn’t show up on gdax. You need to transfer it from Coinbase to GDAX. If you search GDAX it’ll give you specific instructions on how to do this. > Even though I bought the bitcoin on Coinbase I can sell it on gdax? Figure I would try to have less fees. Yep! ---
**Author:** ![LZ1](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@LZ1](https://forums.speedlife.net/u/LZ1)\ **Post date:** [December 13, 2017, 7:39am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/593 "2017-12-13T07:39:48Z")
> [@Wahoo](#): > > My bitcoin purchase on Coinbase doesn’t show up on gdax. > > Even though I bought the bitcoin on CoinbaseI I can sell it on gdax? Figure I would try to have less fees. > > - > - > - Updated - - - > > Oh I go to deposit to deposit in gdax from CoinbaseI? This doesn’t sell it right just transfers? I already told you what to do the first time you asked this here. ---
**Author:** ![Wahoo](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/wahoo/32/8265_2.png) [@Wahoo](https://forums.speedlife.net/u/Wahoo)\ **Post date:** [December 13, 2017, 8:08am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/594 "2017-12-13T08:08:00Z")
I figured it out. Thanks for the help guys. - - - Updated - - - [https://youtu.be/MeC0oUxIhaU](https://youtu.be/MeC0oUxIhaU) ---
**Author:** ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)\ **Post date:** [December 13, 2017, 10:32am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/595 "2017-12-13T10:32:54Z")
So who’s buying in on LTC now that it’s under $300? ---
**Author:** ![nermoria](https://avatars.discourse-cdn.com/v4/letter/n/b9e5f3/32.png) [@nermoria](https://forums.speedlife.net/u/nermoria)\ **Post date:** [December 13, 2017, 1:49pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/596 "2017-12-13T13:49:47Z")
XRP holders must be happy. Trx too ---
**Author:** ![llink78](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/llink78/32/8037_2.png) [@llink78](https://forums.speedlife.net/u/llink78)\ **Post date:** [December 13, 2017, 2:04pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/597 "2017-12-13T14:04:01Z")
> [@nermoria](#): > > XRP holders must be happy. Trx too super happy. Wish I bought more 2 days ago when I said I was going to. Never did though 🙄 ---
**Author:** ![nermoria](https://avatars.discourse-cdn.com/v4/letter/n/b9e5f3/32.png) [@nermoria](https://forums.speedlife.net/u/nermoria)\ **Post date:** [December 13, 2017, 2:06pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/598 "2017-12-13T14:06:49Z")
I kept looking at it when it was ~.20. Trx was at .00000034 btc a few days ago now .000001+ lol. ---
**Author:** ![ubengineering](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ubengineering/32/5171_2.png) [@ubengineering](https://forums.speedlife.net/u/ubengineering)\ **Post date:** [December 13, 2017, 3:48pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/599 "2017-12-13T15:48:38Z")
> [@nermoria](#): > > XRP holders must be happy. Trx too Yes sir! > [@JayS](#): > > So who’s buying in on LTC now that it’s under $300? I’ve been researching a good entry point. It’s used for payments more than Dash so this will probably be my next coin. ---
**Author:** ![LZ1](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@LZ1](https://forums.speedlife.net/u/LZ1)\ **Post date:** [December 13, 2017, 4:00pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/600 "2017-12-13T16:00:09Z")
Can’t wait to see how many people pull money on when this stuff isn’t doing 25% a day :lol: [Previous page](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431.md?page=29) [Next page](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431.md?page=31)