Home Forums Hunting & Shooting Hunter's Campfire Bitcoin

Exactly.

The smart ones packed their bags, went to Stanford or Harvard or such and.became Denists, and Doctors, and Lawyers.

He's talking feathers, you're talking dots.

Run forest run

Down to 18K, the house of cards is crumbling.

You got any other investment tips?

Bill Maher had a funny comment. He said that guy in the office who's always talking about Bitcoin is suddenly not talking so much.

I'm just pissed I didn't think up this scam 🤣🤣🤣

One thing I've learned over the past few years is nobody knows a damned thing. Do your own research if you think something sounds interesting or has potential, then make your bets and take your chances.

The best "experts" in the world get it completely wrong with regularity, so the chances that some random guy on an internet forum has got it nailed down is pretty slim. Some guys make a few lucky calls and then ride those into eternity, ignoring the multitudes of wrong calls they made along the way. Guys on the web will talk opine forever on things they know almost nothing about, and what they do "know" they heard from some other dude who also knows nothing.

Experts are idiots, just like the rest of us. The covid debacle should make that abundantly clear. Very few actually get it right, and are usually roundly denounced by the masses when they speak their minds. Seems to translate pretty well to "experts" in most other fields as well. Bitcoin and crypto might die. It also might be the future. Could possibly fall somewhere in between. Nobody knows, best you can do is learn as much as you can if you're interested, then place your bets and hope for thr best.

Buy in the dip, dipshit. I put 3% of my investments in crypto and like I said it ain’t going nowhere.

^^^hear him^^^ I always chuckle when I remember a gag some Wall St reporters dreamed up, maybe back in the late 80's. They charted the stock picks of the most respected investment advisors of the day...and they had a primate in a cage with different colored buttons he could push to get a peanut or some food prize. I think the colored buttons represented some randomly picked NYSE stocks. At the end of the year, the monkeys's picks outperformed the experts picks by 30% if I remember correctly. The Motley Fool had it's beginnings in a gag also.

Well it dipped a sheitload more, so you should buy the dip again. 😁

Good money after bad is a great investment strategy.

I work with a guy who did pretty well on the bitcoin ride. Coulda done better, but he listened to too many naysayers.

When bitcoin was around a dollar a dozen years ago, he bought 150 of them on a whim. His fiscally secure and supposedly wise dad ridiculed him and made fun of the concept until he tired of it and sold all of them for marginally more than he paid.

Around 5-6 years ago he renewed his interest, but prices had risen to the point where he couldn't afford to buy a bunch of it. He began buying individual coins and fractions of coins as available. As of 2-3 years ago, he was still bullishly buying and adding up his coins. One time about 3 years ago he shared with me that he owned 7.something coin. IIRC, at the time of the conversation a bitcoin was selling ~$7000.

Then the value of the stuff exploded, and he managed to use some of the funds available for a new kubota tractor and a complete remodel on his house.
But he was fixated on the stuff all of the time. On break at work, he'd be constantly on his phone checking on his bitcoin stash. Then one day a while back, he started the shift doing fine. After first break they found him laying on a workbench, holding his chest. Shipped him off to the hospital and he was having an anxiety attack.
And yup... One of the guys checked bitcoin price and the fall had begun...

I dunno if he just though the ride was gonna go on forever, or if he did something unfortunate counting on the ride lasting longer than it did. Haven't seen him or heard anything of him in a while now. But it's a big place and the same applies to half the guys I work with. I can go a year or more and not see someone.

Ooops, make it 17

I did.

Dollar cost averaging, right?

I knew commies and bankers hated Bitcoin. Why do conservatives?

Should have waited till tomorrow and you could have saved yourself a couple more thousand in losses.

Don't hate em, just believed from day one that they're a Pinzi scheme.