Main Menu
Menu

Show posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.

Show posts Menu

Messages - CoinElephant

#1
Quote from: merockstar on August 28, 2014, 05:52:58 PM
Quote from: kokojie on August 28, 2014, 05:16:15 PM
Quote from: Maximus0352 on August 27, 2014, 11:53:01 PM
Quote from: kokojie on August 27, 2014, 11:40:06 PM
I bought a ton of Bitcoin at $11 around May 2011, and it subsequently dropped to $2. Was I screwed?  :D :D :D

I would wait, but I need to sell a quarter of what I bought at higher than 0.000110 before the end of the year.

Then don't invest in high risk asset with money you need by end of the year. I held my Bitcoin for 2 years before it went higher than my purchase price.

terrible advice for the lower end of the social stratum, imho.

risk is the only way to unfuck yourself.

A very interesting perspective. But I think the otherwise valid advice to 'just buy more, to reduce you're average' is even more rich.
#3
A de be BTSX5ojucBB6NNm1MFe7etDSQEwmrNoAqRpgATC3HQTD8ohfvVGzdZ

Meda wo ase paa pa