Quote from: xiaohuhu on Today at 06:57:04 AM

Quote from: XIYEXIYE on Today at 06:55:57 AM

So you say we buy it and stack it and we use it in the future when we are ready? I’ve always wondered how I enter this community. I feel like you guys are the wolfs of the Wall Street internet world lol. I got $100 Bitcoin on Gemini, you say a good start is to buy whenever I can & save it?

I'm relatively new to BTC but from what i've gathered of it; It works like stock trading but shouldn't be treated like stock trading. BTC is an almost guaranteed thing for the forseeable future (decades) and it's a great currency to invest in like you would with a savings account, just btc has better (albeit volatile) "interest".

Shit can still happen so never pour your life funds into it. I just put a couple dollars (literally) a week into it. If trends keep up and you hold - you're almost assured to have a decent financial net built up in a few years.

You can trade BTC more or less like a stock. But if you consider the original goal of BTC its more like holding a foreign currency - with all of the exchange rates and fees that go along with it. It's been a very slow adoption, but people are gradually warming up to the idea of BTC as a currency.

The best piece of advice for new comers is probably 1) Don't obsess over the value of BTC right now because it fluctuates like nothing you've ever seen and 2) If you do end up making money go over your taxes very carefully.