# Anyone end up investing in Bitcoins?

**URL:** <https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431>\
**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:** 32

<div class="post-metadata">

**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 15, 2017, 5:16pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/621 "2017-12-15T17:16:51Z")

</div>

So is LTC just the trending crypto of the day?

I’m kind of over the hype, I could double my money now and say fuck it to this weird online coin bullshit.

---

<div class="post-metadata">

**Author:** ![LZ1](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@LZ1](https://forums.speedlife.net/u/LZ1)\
**Post date:** [December 15, 2017, 5:21pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/622 "2017-12-15T17:21:15Z")

</div>

> [@Motocrossx23](#):
>
> So is LTC just the trending crypto of the day?
> 
> I’m kind of over the hype, I could double my money now and say fuck it to this weird online coin bullshit.

Double initial investment pull out money you originally invested let the rest ride?

---

<div class="post-metadata">

**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 15, 2017, 5:35pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/623 "2017-12-15T17:35:30Z")

</div>

oh man, so now that i am verified with coinsquare i was lurking reddit and found out that there is nothing but terrible feedback on coinsquare…lol

people literally transferring money into coinsquare and then never getting it back and never having it show up… erased transactions and missing coins.

Canadians are getting screwed on all this shit…lol

---

<div class="post-metadata">

**Author:** ![nermoria](https://avatars.discourse-cdn.com/v4/letter/n/b9e5f3/32.png) [@nermoria](https://forums.speedlife.net/u/nermoria)\
**Post date:** [December 15, 2017, 7:45pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/624 "2017-12-15T19:45:06Z")

</div>

Comon Bitcoin! Soar to new heights! Send those lame altcoins to their depths… To be scooped up into the arms of… Lol.  
@bing that’s why I like this. I feel like we are still riding the early wave of investors. At first glance it seems simple but gets complicated quick. Good stuff

---

<div class="post-metadata">

**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 15, 2017, 8:32pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/625 "2017-12-15T20:32:16Z")

</div>

> [@nermoria](#):
>
> A question, what is it with these 'Hard Forks"? Now there is SuperBitcoin and Bitcoin x coming out? Looking at Bitcoin Cash , does it make sense to invest in these new ones while they are cheap?

Depends on the fork. Anyone can make a hard fork if IIRC. A lot of these forks are just experiments that carry no value, and a small percentage of exchanges will carry them. Investing in them can be even riskier than bitcoin, imagine those that invested in B2X futures (Bitcoin’s last real fork) and it didn’t happen after all the hype, they got a special fork right up their cock holes. If the crypto guys I follow don’t care about it then neither do i.

> [@Wahoo](#):
>
> When is CoinbaseI getting ripple?
> 
> And I imagine it will be on gdax?

It hasn’t been officially announced but if it was then yes it would be on gdax. It was officially announced to be listed on bloomberg, which caused part of its explosion.

> [@bing](#):
>
> man i wish there were more Canadians on here… i need some help with coinsquare, it is the Canadian exchange but the coins that can be bought are limited.
> 
> You can only buy:
> 
> Bitcon  
> Bitcoin Cash  
> Ethereum  
> Dash  
> Dogecoin  
> Litecoin  
> Squarecoin
> 
> so no Iota or Ripple… which sucks because those are the ones i want.

Try Einstein exchange! Also try bitstamp or gemini. Those are my 2 backup exchanges to move USD into my bank account just in case coinbase bends me over.

> [@Motocrossx23](#):
>
> So is LTC just the trending crypto of the day?
> 
> I’m kind of over the hype, I could double my money now and say fuck it to this weird online coin bullshit.

I’d do what @LZ1 said if you’re not comfortable with the volatility of the coins or if you just no longer have any interest. This may sound funny but on the couple bucks I think you said you made (like 30?) you still have to pay taxes and I’m pretty sure coinbase communicates with the IRS.

I just bought some more ripple and ether. Only invested 200 this paycheck, had to buy xmas gifts lol

---

<div class="post-metadata">

**Author:** ![nermoria](https://avatars.discourse-cdn.com/v4/letter/n/b9e5f3/32.png) [@nermoria](https://forums.speedlife.net/u/nermoria)\
**Post date:** [December 16, 2017, 1:28am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/626 "2017-12-16T01:28:02Z")

</div>

This new Binance app update screwed things up! Keeps getting stuck in Buy or Sell. I missed my chance to sell my ADAs at .00001550 because I couldn’t get it to switch into Sell mode. grrr I still made out but meh

Edit: Bitcoin up, TRX up :D:D there is a possible Ali baba announcement coming from Trx

---

<div class="post-metadata">

**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 16, 2017, 7:10am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/627 "2017-12-16T07:10:30Z")

</div>

> [@ubengineering](#):
>
> they got a special fork right up their cock holes.

i feel like ‘cock hole’ should either be one word (cockhole) or hyphenated (cock-hole)

---

<div class="post-metadata">

**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 16, 2017, 7:22am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/628 "2017-12-16T07:22:30Z")

</div>

I sold my btc at 17999. I made $150. Now I might buy litecoin… which one will spoke next

---

<div class="post-metadata">

**Author:** ![LZ1](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@LZ1](https://forums.speedlife.net/u/LZ1)\
**Post date:** [December 16, 2017, 7:30am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/629 "2017-12-16T07:30:31Z")

</div>

> [@Wahoo](#):
>
> I sold my btc at 17999. I made $150. Now I might buy litecoin… which one will spoke next

You really should look at holding any of these longer than the amount of time it takes to gain $150 off BTC.

---

<div class="post-metadata">

**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 16, 2017, 7:54am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/630 "2017-12-16T07:54:22Z")

</div>

> [@LZ](#):
>
> You really should look at holding any of these longer than the amount of time it takes to gain $150 off BTC.

Yeah I agree. I think what I will do is diversify my portfolio and put money into a few different coins instead of all my eggs in 1 basket.

---

<div class="post-metadata">

**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 16, 2017, 10:36am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/631 "2017-12-16T10:36:12Z")

</div>

Just to bring things down to earth for a sec, you guys talking about “diversification” by buying lots of different cryptos are not _really_ diversifying.

We all only have so much money to throw at this stuff. I suggest you pick a % limit and speculate on that. For example, only about 3% max of any investment money I have is going to go to this stuff. And it’s only going to BitCoin.

No risk no reward I know, but I don’t want to be reading posts saying “help I’m broke, cryptos fuxored me” down the line… as you post from the public library because you can’t afford the web.

---

<div class="post-metadata">

**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 16, 2017, 10:54am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/632 "2017-12-16T10:54:06Z")

</div>

i agree that digital currencies will only make up a small portion of my principal invested but i see a variety of catalysts for the lesser currencies. XRP, ETH IOTA etc.

wish i could actually buy these things…lol

with that said, i would really like to find a trustworthy source for a good background on each currency so i could better decide which to hold long term.

---

<div class="post-metadata">

**Author:** ![LZ1](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@LZ1](https://forums.speedlife.net/u/LZ1)\
**Post date:** [December 16, 2017, 10:55am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/633 "2017-12-16T10:55:37Z")

</div>

Wait buying 1 of every alt coin isn’t spreading out my risk? I think people don’t realize if Bitcoin suddenly implodes its not going go well for everything else at least short term.

 ![https://pbs.twimg.com/media/CaTuUrrUcAAvvQG.jpg](https://pbs.twimg.com/media/CaTuUrrUcAAvvQG.jpg)

---

<div class="post-metadata">

**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 16, 2017, 1:08pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/634 "2017-12-16T13:08:37Z")

</div>

I always sell too soon it seems, bitcoin up to 19.3K I sold at 18k

I just bought some litecoin, hopefully that shit goes up again

---

<div class="post-metadata">

**Author:** ![LZ1](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@LZ1](https://forums.speedlife.net/u/LZ1)\
**Post date:** [December 16, 2017, 2:47pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/635 "2017-12-16T14:47:18Z")

</div>

> [@Wahoo](#):
>
> I always sell too soon it seems, bitcoin up to 19.3K I sold at 18k
> 
> I just bought some litecoin, hopefully that shit goes up again

I feel like you don’t exactly have a plan :lol:

If anything you should be holding ETH/LTC/BTC for a month at least unless you’re day trading it and buying back in on dips.

From Dec 1 to Now BTC has gone from 11k-20k I was able to turn $600 into almost 4k over the past two months of screwing around. I bought separate coins which I have been holding not part of my $600 fuck around money.

If you’re worried about losing money at the rate most of these have been gaining you could pull your initial investment out rather quickly.

---

<div class="post-metadata">

**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 16, 2017, 3:39pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/636 "2017-12-16T15:39:43Z")

</div>

@Wahoo just HODL!

---

<div class="post-metadata">

**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 16, 2017, 4:36pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/637 "2017-12-16T16:36:41Z")

</div>

> [@LZ](#):
>
> I feel like you don’t exactly have a plan :lol:
> 
> If anything you should be holding ETH/LTC/BTC for a month at least unless you’re day trading it and buying back in on dips.
> 
> From Dec 1 to Now BTC has gone from 11k-20k I was able to turn $600 into almost 4k over the past two months of screwing around. I bought separate coins which I have been holding not part of my $600 fuck around money.
> 
> If you’re worried about losing money at the rate most of these have been gaining you could pull your initial investment out rather quickly.

I’m trying to buy and sell but I can’t really monitor it throughout the day.

Yeah I should just buy and hold.

---

<div class="post-metadata">

**Author:** ![nermoria](https://avatars.discourse-cdn.com/v4/letter/n/b9e5f3/32.png) [@nermoria](https://forums.speedlife.net/u/nermoria)\
**Post date:** [December 16, 2017, 4:46pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/638 "2017-12-16T16:46:59Z")

</div>

Is there an American version of POWR? The concept is super but not sure how being Australian effects it if at all. TRX and XVG are good cheap options.

---

<div class="post-metadata">

**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 16, 2017, 5:17pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/639 "2017-12-16T17:17:40Z")

</div>

> [@Wahoo](#):
>
> I’m trying to buy and sell but I can’t really monitor it throughout the day.
> 
> Yeah I should just buy and hold.

Exactly. Unless you spend 90-100% of your free time following the charts, trading and outsmarting the market is not a good idea.

- 
  - 
    - Updated - - -

> [@nermoria](#):
>
> Is there an American version of POWR? The concept is super but not sure how being Australian effects it if at all. TRX and XVG are good cheap options.

I googled POWR coin and under those tabs you can open, titcoin showed up. A coin for the adult film industry yaaaaay

---

<div class="post-metadata">

**Author:** ![nermoria](https://avatars.discourse-cdn.com/v4/letter/n/b9e5f3/32.png) [@nermoria](https://forums.speedlife.net/u/nermoria)\
**Post date:** [December 16, 2017, 5:27pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/640 "2017-12-16T17:27:05Z")

</div>

Lol. Checking once ever 30-60 min also works ok 😃

[Previous page](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431.md?page=31)

[Next page](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431.md?page=33)
