Quote from: poornamelessme on March 06, 2014, 08:02:07 PM

Quote from: markm on March 06, 2014, 07:44:36 PM

Your error right from the start is the fact that you have not missed the bitcoin train.

Thus the remainder of your reasoning is irrelevant.

Bitcoin is currently still at an insanely low price, an excellent buying opportunity.

Any time you can buy them for less than US$1000 is a good deal but right now you can pick them up for way the heck less than that thus profit very quickly just in the recovery to $1000 then the regaining of the $1200+ previous peak let alone the long term continued growth.

-MarkM-

For large investments, you may be right. But the OP has 310K doge.

If he took out 50K, put it into bitcoin, waited for it to recover, what would he make? Like $15-20 over the course of several months? Not really worth it. Investing in bitcoin is fine for whales, but not us guppies.

couldn't have said it better myself. Im doing this for a long term investment - even if I traded all my doge - making a couple hundred wouldn't be worth it IMO. I would rather wait a year or so and hope for the best!