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Is now a good time to buy Bitcoin?
General Boards - Business & Investing
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Replies: 13
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Is now a good time to buy Bitcoin?


Jun 11, 2022, 12:16 AM
Reply

Stocks are trash.

2024 orange level member flag link military_tech thumb_downthumb_up

Buy food, ammunition, and gold for the coming apocalypse...


Jun 11, 2022, 8:06 AM
Reply

When the world crumbles we won't have reliable electricity much less a system of connected computers that the masses can use to trade in non-tangible currency.

Seriously - if I have expendable cash to spend between gold or Bitcoin - I'm buying gold.

2024 orange level memberbadge-donor-10yr.jpgmilitary_donation.jpg flag link military_tech thumb_downthumb_up

Re: Buy food, ammunition, and gold for the coming apocalypse...


Jun 11, 2022, 9:12 AM
Reply

Absolutely on the food & ammo! Just saying as a short investment to raise quick capital with the Bitcoin because the price has dropped to such a low level. Was only wondering if there might be an opportunity to catch a big bounceback in the near term.

2024 orange level member flag link military_tech thumb_downthumb_up

Re: Buy food, ammunition, and gold for the coming apocalypse...


Jun 12, 2022, 11:27 PM
Reply

Bitcoin is teetering on dropping below 25k right now while the DOW is on the verge of going under 31k!

How low will they go?

This is going to be a VERY INTERESTING week.

2024 orange level member flag link military_tech thumb_downthumb_up

Re: Buy food, ammunition, and gold for the coming apocalypse...


Jun 14, 2022, 12:50 AM
Reply

Bitcoin dropped under 22k tonight...

Going down?

2024 orange level member flag link military_tech thumb_downthumb_up

I’ll sell you some CU85 coin


Jun 11, 2022, 9:03 AM
Reply

I’ll even t-mail you a pdf certificate of ownership which you can convert to an NFT and resell.


How much you want?

2024 orange level memberbadge-donor-15yr.jpgringofhonor-cu85tiger.jpg flag link military_tech thumb_downthumb_up

“Anti-intellectualism has been a constant thread winding its way through our political and cultural life, nurtured by the false notion that democracy means that my ignorance is just as good as your knowledge.” Isaac Asimov
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Re: Is now a good time to buy Bitcoin?


Jun 14, 2022, 1:19 AM
Reply

I don't trust Bitcoin. I would trust owning Google in a year over trusting Bitcoin.

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Re: Is now a good time to buy Bitcoin?


Jun 14, 2022, 4:48 AM
Reply

https://www.yahoo.com/news/bitcoin-plunges-major-crypto-lender-154151499.html

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Re: Is now a good time to buy Bitcoin?


Jun 14, 2022, 5:00 AM
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https://www.yahoo.com/news/bitcoin-plunges-major-crypto-lender-154151499.html

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Re: Is now a good time to buy Bitcoin?


Jun 14, 2022, 8:18 AM [ in reply to Re: Is now a good time to buy Bitcoin? ]
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From the article:

"On Sunday, the cryptocurrency lending platform Celsius Network announced that it was pausing all withdrawals and transfers between accounts in order to “honor, over time, withdrawal obligations.” Celsius, with roughly 1.7 million customers and more than $10 billion in assets, gave no indication in its announcement when it would allow users to access their funds."


I wonder if the founders of Celsius Network have already transferred that $10 billion in assets to Cayman banks while they catch a flight to their new homes in Panama...

2024 orange level memberbadge-donor-10yr.jpgmilitary_donation.jpg flag link military_tech thumb_downthumb_up

Re: Is now a good time to buy Bitcoin?


Sep 18, 2022, 10:11 PM
Reply

Okay, I get that you're a bit cautious but you can get it at a discount right now around $19K. You buying the dip?

2024 orange level member flag link military_tech thumb_downthumb_up

Re: Is now a good time to buy Bitcoin?


Sep 18, 2022, 11:31 PM
Reply

Say no to Bitcoin.

Take TabbyPlague's advice to diversify away (not put it all in, but diversify away from) stocks.

For the near future, consider buying I-Bonds (Gov't guaranteed bonds that pay according to the CPI).

Also, stick your dough in money market funds ... as interest rates keep rising, stocks and bonds will continue to sink.

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Re: Is now a good time to buy Bitcoin?


Nov 11, 2022, 10:34 PM
Reply

Getting down in the $16,000's.
How far can it drop before it has to go back up?

2024 orange level member flag link military_tech thumb_downthumb_up

Re: Is now a good time to buy Bitcoin?


Mar 26, 2024, 4:33 PM
Reply

It's been 2 years, so I can confidently say that yes, buy it

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Replies: 13
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