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Old 02-15-2013, 11:41 AM  
ChiefRocka ChiefRocka is offline
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Bitcoin Take?
The natural evolution of money is Bitcoin

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Old 06-21-2019, 08:40 PM   #1786
JohnnyHammersticks JohnnyHammersticks is offline
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Originally Posted by BWillie View Post
I find it easy. I'm waiting for 50k+
I'm with you.

"Always sell what shows you a loss and keep what shows you a profit." - Jesse Livermore, from Reminiscenses of a Stock Operator. One of the best books ever. Written circa 1920 but still incredibly, almost eerily relevant.

Book some profits along the way, of course.
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Old 06-21-2019, 08:47 PM   #1787
JohnnyHammersticks JohnnyHammersticks is offline
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Originally Posted by eDave View Post
I went in with $40K over last Wed/Thurs. Around 7800. Just because.

Now I'm glued to the ticker. LOL

:cheers:
LOL, been there. The first time around in 2017 and early 2018, I made a spreadsheet with my different coins. Punch in the current prices and it would total everything. I was updating it every 5 - 10 minutes for literally weeks. It's addicting!
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Old 06-21-2019, 08:56 PM   #1788
JohnnyHammersticks JohnnyHammersticks is offline
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Originally Posted by eDave View Post
I went in with $40K over last Wed/Thurs. Around 7800. Just because.

Now I'm glued to the ticker. LOL

:cheers:
Beautiful, by the way. Very well played.

Depending on your goals, 5+ bitcoins could be worth game-changing money a year from now.
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Old 06-21-2019, 09:07 PM   #1789
eDave eDave is offline
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Originally Posted by JohnnyHammersticks View Post
Beautiful, by the way. Very well played.

Depending on your goals, 5+ bitcoins could be worth game-changing money a year from now.
Hey, let me ask you. What is the most efficient way to bank some profits?

I ask because I tried initially and didn't know what I was doing and probably excited and with the input and output costs I lost money. Like $4k. Coinbase.

I did learn the value of HODL though.

But now as I peek at my max sell, I see the fees are much lower. I don't know what the **** I'm doing man. Right now I'm thinking the longer you are in, the cheaper the fees. At least to a point. dunno.
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Old 06-21-2019, 09:25 PM   #1790
Hog's Gone Fishin Hog's Gone Fishin is offline
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I've got several Litecoin but I changed my email address and now can't access my account. I need to call coinbase tomorrow and get that fixed.
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Old 06-21-2019, 09:37 PM   #1791
JohnnyHammersticks JohnnyHammersticks is offline
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Quote:
Originally Posted by eDave View Post
Hey, let me ask you. What is the most efficient way to bank some profits?

I ask because I tried initially and didn't know what I was doing and probably excited and with the input and output costs I lost money. Like $4k. Coinbase.

I did learn the value of HODL though.

But now as I peek at my max sell, I see the fees are much lower. I don't know what the **** I'm doing man.
What are the actual Coinbase fees for buying and selling a bitcoin now? On the first runup, not wanting to pay $200 every time I wanted to buy or sell kept me in longer than I should've been.

In terms of how to book profits, that's impossible for me to tell you without knowing your situation. If you put down $40k, it's probably pretty good though. You need an exit plan that you're comfortable with. Don't try to catch the top of the move, but realize that opportunities like this could turn out to be don't happen often. Pulling your initial seed money out is liberating, because it takes a lot of the emotion out of it. Trading is fighting human nature. Especially this kind of volatility.

It's nice to have a chart with a trend-line. On this chart I have a trend line drawn that starts at the bottom of the 4/1 candle to the bottom of the 4/25 candle. If it breaks that, I'm no longer bullish and I'm out. Currently sitting around 7700.

https://bitcoinwisdom.io/markets/bitfinex/btcusd
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Old 06-21-2019, 09:43 PM   #1792
eDave eDave is offline
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Thanks man.
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Old 06-21-2019, 09:49 PM   #1793
JohnnyHammersticks JohnnyHammersticks is offline
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Quote:
Originally Posted by Hog's Gone Fishin View Post
I've got several Litecoin but I changed my email address and now can't access my account. I need to call coinbase tomorrow and get that fixed.
Lost my phone in Mexico in March 2018 and I didn't have my passkeys written down. Freaking nightmare, took weeks to access my Coinbase and Binance accounts. Crypto takes losing your phone to a whole new level of suck.
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Old 06-21-2019, 09:51 PM   #1794
JohnnyHammersticks JohnnyHammersticks is offline
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Originally Posted by eDave View Post
Thanks man.
Those fees are still pretty pricey. One of the reasons I like GBTC. $4.99 in and out.
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Old 06-21-2019, 09:56 PM   #1795
BossChief BossChief is offline
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A little advice...

Move your coins and funds to GDAX (Coinbase pro) and buy/sell on there.

I haven’t bought or sold any crypto since this time last year, but once I moved things to coinbase pro, I cut my fees massively.
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Old 06-22-2019, 08:09 AM   #1796
BossChief BossChief is offline
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Btc 11,156 this am
Eth 317

Should have bought a some crypto back when ethereum got under 100 and bitcoin got under 3500.
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Old 06-22-2019, 08:16 AM   #1797
Hog's Gone Fishin Hog's Gone Fishin is offline
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Quote:
Originally Posted by eDave View Post
Thanks man.
Hey, you're doing what I do. Buy high and sell low. It's all about the tax write offs , right!
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Old 06-22-2019, 08:27 AM   #1798
Bowser Bowser is offline
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Originally Posted by BossChief View Post
Btc 11,156 this am
Eth 317

Should have bought a some crypto back when ethereum got under 100 and bitcoin got under 3500.
I got some solid advice to avoid XRP and go after Bitcoin. That was good advice.
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Old 06-22-2019, 04:39 PM   #1799
eDave eDave is offline
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Hey, you're doing what I do. Buy high and sell low. It's all about the tax write offs , right!
Oh I didn't process these. One final submit button that I don't let my mouse get NEAR.

HODLDave
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Old 06-22-2019, 10:42 PM   #1800
Demonpenz Demonpenz is offline
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I got some solid advice to avoid XRP and go after Bitcoin. That was good advice.

keep in mind that this shit is supposed to be actual money. XRP might be good for that instead of the speculative game.
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