Current Events > It seem Bitcoin is lowering again

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LastTomorrow
07/22/19 4:11:43 PM
#1:


Or will it rise?
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FFVII_REMAKE
07/22/19 4:13:24 PM
#2:


Is the crypto market more profitable than the stock market? Seems very expensive to get into even if you're putting in very little money. I don't think it's FDIC insured either.
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AlephZero
07/22/19 4:14:04 PM
#3:


FFVII_REMAKE posted...
Is the crypto market more profitable than the stock market? Seems very expensive to get into even if you're putting in very little money. I don't think it's FDIC insured either.

if you lose your money just send an email to Dr. Bit Coin, he's the CEO of bitcoin and he'll personally refund you
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Mark_DeRosa
07/22/19 4:15:22 PM
#4:


In 6 months itll go up and and then another 6 months itll go down
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EndOfDiscOne
07/22/19 4:19:15 PM
#5:


I'll start to worry if we have a 4-year period in the red
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EndOfDiscOne
07/22/19 4:21:35 PM
#6:


FFVII_REMAKE posted...
Is the crypto market more profitable than the stock market? Seems very expensive to get into even if you're putting in very little money. I don't think it's FDIC insured either.

You don't have to buy a full Bitcoin. You can buy $1 worth if you want.

As a currency it can not be ensured by the FDIC. I think US exchanges i.e. Coinbase are insured by the FDIC but I'm not positive on that. It's not recommended to keep your coins on exchanges though.

To answer your question, it's by far the best performing asset of the last 10 years. Then again,that doesn't guarantee it will continue to outperform the market.
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SoIidLegacy
07/22/19 4:23:33 PM
#7:


FFVII_REMAKE posted...
Is the crypto market more profitable than the stock market? Seems very expensive to get into even if you're putting in very little money. I don't think it's FDIC insured either.


It's much more volatile than the stock market, which can potentially result in relatively fast and large gains or losses. It's also fully seperate from banks (this is why banks demonize cryptocurrency - they don't get anything out of it.

Other than that, it's not that different than investing in anything else (like stocks). Do your research on it first, don't invest more than you're prepared to lose, buy low, sell high, and don't panic-sell.
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Hanky_Bannister
07/22/19 4:29:41 PM
#8:


LastTomorrow posted...
Or will it rise?

this is all you got? lol

thats like asking if the tides will rise and ebb
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Tryhaptaward
07/22/19 4:31:38 PM
#9:


It seems like it's lowering TC says

Six days ago: $9,422.71
Now: $10,289.20
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LastTomorrow
07/22/19 4:33:29 PM
#10:


No it went straight up 18,230
Then down to 11244. Analysts say it could go back 8000
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Hanky_Bannister
07/22/19 4:37:43 PM
#11:


LastTomorrow posted...
No it went straight up 18,230

LOL
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UnholyMudcrab
07/22/19 4:40:52 PM
#12:


Mark_DeRosa posted...
In 6 months itll go up and and then another 6 months itll go down

More like 6 hours
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Serious Cat
07/22/19 5:20:27 PM
#13:


FFVII_REMAKE posted...
Is the crypto market more profitable than the stock market? Seems very expensive to get into even if you're putting in very little money. I don't think it's FDIC insured either.

FDIC doesn't cover the stock market either.
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FFVII_REMAKE
07/22/19 6:54:15 PM
#14:


Serious Cat posted...
FFVII_REMAKE posted...
Is the crypto market more profitable than the stock market? Seems very expensive to get into even if you're putting in very little money. I don't think it's FDIC insured either.

FDIC doesn't cover the stock market either.


Yes it does, but people who use Robinhood aren't covered by the FDIC.
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EndOfDiscOne
07/22/19 7:03:55 PM
#15:


FFVII_REMAKE posted...
Serious Cat posted...
FFVII_REMAKE posted...
Is the crypto market more profitable than the stock market? Seems very expensive to get into even if you're putting in very little money. I don't think it's FDIC insured either.

FDIC doesn't cover the stock market either.


Yes it does, but people who use Robinhood aren't covered by the FDIC.

How does the FDIC insure the stock market?
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