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re: If you bought $100 of bitcoin 7 years ago, you'd be sitting on $72.9 million
Posted on 5/23/17 at 1:14 pm to OnTheBrink
Posted on 5/23/17 at 1:14 pm to OnTheBrink
quote:
with the exception of SFP who seems to be buying them for future use. Everyone else is looking to get rich quick. A fool and his money
Not really. I'm sitting on it long term and the people I know that are in it are also doing the same. Eth is in it's infancy stage so it's a long term thing right now for anyone that's paying attention.
1
Posted on 5/24/17 at 8:51 am to Deactived
quote:
Not really. I'm sitting on it long term and the people I know that are in it are also doing the same. Eth is in it's infancy stage so it's a long term thing right now for anyone that's paying attention.
yeah i may dump some if it gets to 250 today hoping to buy more when it declines to sub-200, but i'm holding long term
just from a risk-reward standpoint, i'm willing to risk $1k because it has a legit possibility of rising 100x in a year or 2. there is nothing traditional that could possibly give those sorts of returns in that timeframe
if i make little trades in the micro-setting, it will just be gambling the price drops so that i can re-buy and acquire more ETH in anticipation of the long term gains. it won't be a realization of any "profits" short term
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