Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Yes, well apparently nobody read my entire post because I also said you need to invest "more" than you can afford to lose... details people, details
I always tell people to invest more than they can afford to lose when it comes to Bitcoin.
https://bitcointalk.org/index.php?topic=843822.0
So fuck it, here's my advice. Invest everything you can put together. The price is damn low and we're probably within 10-20% of the bottom (current price, $325). Drop your damn Roth...they'll find a way to tax it when you retire. Investing more than your company's matching into your 401k? Fuck that, dump it into Bitcoin. Any equity on your house? Refinance, put all of that money into bitcoins...the dollar will lose value in the next 30 years to the point where your $100-$300k mortgage will be pocket change.
Do you have a job? If tomorrow your Bitcoin investment went to $0 would you still be able to live? Then dump it all into bitcoins...now.
Do you have a job? If tomorrow your Bitcoin investment went to $0 would you still be able to live? Then dump it all into bitcoins...now.
TL;DR: YOLO
That was at $325 though... even I knew to go yolo back then... what about now? That's the real question. I'm still a proponent of investing more than you are willing to lose when it comes to bitcoin
And where's your countdown bro? Isn't the ETF decision happening today