Quote:
Originally Posted by jscott
What was your intention of buying, for short term gain? Every Bitcoin ever bought has/had opportunity for great profits with time & patience.
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Time and Patience sound like strippers man.
Bada-bing!!
Actually it's a bit of an experiment. See how far the dip goes and then, when 5% above the initial $1,000 invest more. If it dips 5% from its' new high, buy more or sell to leverage profits.
Of course, if it falls down to say $10 then I am screwed BUT would be a great time to buy more!
In other words: this BTC roller coaster ride isn't ending anytime soon. I bought $5,000 four years ago and foolishly sold when it dipped 5%. Even tho I made around $6,000 in profit (nice) if I had held today that BTC would be worth $60,000 and counting.
Fun game eh?