Ninjastic
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
ivomm
on 24/01/2019, 12:40:19 UTC
Quote from: mindrust on January 24, 2019, 12:27:51 PM
Quote from: El duderino_ on January 24, 2019, 10:56:22 AM
Quote from: DeathAngel on January 24, 2019, 10:51:30 AM
Quote from: LFC_Bitcoin on January 24, 2019, 10:35:08 AM
We didn’t need an ETF to see the price close to $20,000 so I assume we won’t need one to touch the next ATH. Fuck the SEC & fuck authority. They fear the beast that bitcoin will become.

I hope you’re all buying whilst the price is this low gentlemen!

Now is definitely the time to buy. Think of it this way - Let’s say you have $10,000 in a fiat savings account. It will earn maybe 2% interest per year (if you’re lucky).

There are good & bad times to buy bitcoin. Buying at what seems like the bottom or at least close to the bottom of a cycle after a new ATH it definitely a good time.

Let’s say you put half of that $10,000 into bitcoin now. I think it’s safe to assume that you’re very, very likely to see that money outperform your fiat savings account by a big % 12-18 months from now.

Smiley



2% of actual increase on top of the 10K, what country, planet are you from..... we have to pay for having a bank account, and probably the time will come we have to pay, to may save money on a/that bank account Roll Eyes

I am getting %3 (after taxes) for my usd here in Turkey. There are banks giving more than 4.5% for USD. 2.5% for Euro. One of few advantages living in a corrupted country.

It is still a risky investment though i am quite happy with the returns especially for a shit investment like this.

I am getting around 200 usd/month just from interest and buying crypto with it. Feels quite good. :d
In 2017 if you bought BTC at $700 you had almost 30x profit. How is 4% interest better than that?!? In 2019 and 2020 BTC will make at least 5x profit starting with the current prices. So for me there is no point keeping deposits in banks for interest. I also had 4.5% interest but widthdrew all of it to buy bitcoins in the Summer of 2017.