Current Events > ok im officially gonna invest my life savings into crypto

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ThePusher
05/06/21 3:09:43 AM
#1:


half in bitcoin and half in dogecoin sound good?

idk but this feels like the only move to make rn
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jon1012
05/06/21 3:17:42 AM
#2:


i guess

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MICHALECOLE
05/06/21 3:18:15 AM
#3:


This is absolutely what you should do with your life savings

*this isnt financial advice*
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im not 13
05/06/21 3:21:17 AM
#4:


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jon1012
05/06/21 6:02:03 PM
#5:


did you do it?

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fan357
05/06/21 6:09:00 PM
#6:


Rip

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ThePusher
05/07/21 12:42:35 AM
#7:


jon1012 posted...
did you do it?
ya

i have a good feeling about this tbh
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What_
05/07/21 12:43:16 AM
#8:


MICHALECOLE posted...
This is absolutely what you should do with your life savings

*this isnt financial advice*

but it should be
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yunalenne10
05/07/21 12:43:40 AM
#9:


How many figures did you put in?

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"The more beautiful and pure a thing is, the more satisfying it is to corrupt it." - Rule 43
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ThePusher
05/07/21 12:56:54 AM
#10:


6 figs hoping to turn it into 7 or 8 in a couple months
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CommunismFTW
05/07/21 12:57:53 AM
#11:


Doge is gonna tank out the bottom and the time to make money on bitcoin ended 2-3 years ago.

this is risky af. If I was gonna recommend a crypto to buy today with my life savings it'd be Ethereum

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1337toothbrush
05/07/21 12:59:31 AM
#12:


ThePusher posted...
6 figs hoping to turn it into 7 or 8 in a couple months
Sure, but most of those figures will end up past the decimal.

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yunalenne10
05/07/21 1:01:09 AM
#13:


ThePusher posted...
6 figs hoping to turn it into 7 or 8 in a couple months

Damn, literally all in. I'm not brave enough for that. You have my respect.

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"The more beautiful and pure a thing is, the more satisfying it is to corrupt it." - Rule 43
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jon1012
05/07/21 1:02:21 AM
#14:


Wow. Hope it goes well.

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JTilly
05/07/21 1:02:24 AM
#15:


Dont forget about us after you become a millionaire tc :(

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WittleJimmyJimmyjumper
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iLikeMtnDew
05/07/21 1:04:10 AM
#16:


Which exchange are you using?

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ThePusher
05/07/21 1:13:48 AM
#17:


coinbase

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ROOTFayth
05/07/21 1:20:52 AM
#18:


better late than never, not guaranteed to print money but I think we're more likely to go to 6 figures per BTC than go back to 12k
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Deja Blue 03
05/07/21 1:21:41 AM
#19:


Scrap Bitcoin and put it in ETC instead

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Crayon_Lover
05/07/21 1:24:46 AM
#20:


ThePusher posted...
coinbase
Nice, I use them too with no issues. Did you go 50/50?

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MICHALECOLE
05/07/21 1:36:26 AM
#21:


CommunismFTW posted...
Doge is gonna tank out the bottom and the time to make money on bitcoin ended 2-3 years ago.

this is risky af. If I was gonna recommend a crypto to buy today with my life savings it'd be Ethereum
You can daytrade Bitcoin into more money than you have made in your entire life
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PoundGarden
05/07/21 1:41:14 AM
#22:


This is a terrible plan for two reasons:

1. BTC is finally starting to show it's age. It hasn't seen much positive movement lately, and people are realizing it has very little advantages over competing coins. Imo, ETH is the smarter move of the "big" cryptos.

2. DOGE is at an all time high. You never buy at the ATH. And while I've done very well for returns on it, DOGE makes no sense at all and there is literally no reason it should have any value beyond the internet and millennials are nuts. It's completely unpredictable because it was a joke, literally the Pet Rock of crypto.

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MICHALECOLE
05/07/21 1:48:51 AM
#23:


PoundGarden posted...
This is a terrible plan for two reasons:

1. BTC is finally starting to show it's age. It hasn't seen much positive movement lately, and people are realizing it has very little advantages over competing coins. Imo, ETH is the smarter move of the "big" cryptos.

2. DOGE is at an all time high. You never buy at the ATH. And while I've done very well for returns on it, DOGE makes no sense at all and there is literally no reason it should have any value beyond the internet and millennials are nuts. It's completely unpredictable because it was a joke, literally the Pet Rock of crypto.
Bitcoin is at an all time high too
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ROOTFayth
05/07/21 1:50:51 AM
#24:


MICHALECOLE posted...
Bitcoin is at an all time high too
12% below ATH atm
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MICHALECOLE
05/07/21 1:52:03 AM
#25:


ROOTFayth posted...
12% below ATH atm
I mean yeah not TRULY at an ath, but averaging at within percentages of the ath for the past 3 months is basically the same.

doge has been the same as that for about a week, its not at its ath but Id still consider it near there
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ROOTFayth
05/07/21 1:55:01 AM
#26:


MICHALECOLE posted...
I mean yeah not TRULY at an ath, but averaging at within percentages of the ath for the past 3 months is basically the same.

doge has been the same as that for about a week, its not at its ath but Id still consider it near there
I mean it's not the optimal entry point but it really depends on if he's looking to trade or hold long term
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MICHALECOLE
05/07/21 1:56:12 AM
#27:


ROOTFayth posted...
I mean it's not the optimal entry point but it really depends on if he's looking to trade or hold long term
I mean yeah but this isnt stocks this is crypto, all time high is only something you know in the past this shit changes every second
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Sabram
05/07/21 1:58:47 AM
#28:


ThePusher posted...
coinbase
Well that's a lie, Coinbase doesn't let you trade in Doge

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PoundGarden
05/07/21 2:00:13 AM
#29:


MICHALECOLE posted...
Bitcoin is at an all time high too

It's literally not though. It's also seen too many massive dips too frequently and as I said is showing it's age and obsolescence. ETH is more efficient, useful, cheaper buy in, and seen much better gains than BTC. In jut the last month ETH has dropped to ~$1630 and rocketed back up to $3400 ATH, and $25k by years end isn't impossible

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Deja Blue 03
05/07/21 2:01:47 AM
#30:


Go ahead and buy in to Doge now. It's a good bet that it will go up in the next couple of days leading up to SNL.

I would dump it at that point though and put it into something more promising.

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ROOTFayth
05/07/21 2:05:17 AM
#31:


MICHALECOLE posted...
I mean yeah but this isnt stocks this is crypto, all time high is only something you know in the past this shit changes every second
I mean I bought at the absolute peak of the bullrun... in 2013, didn't sell any until 2017 and recently a bit, if you happen to get in at the end of the run (because we can't really know when it will end) just hold until the next one
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1337toothbrush
05/07/21 9:08:58 AM
#32:


ROOTFayth posted...
I mean I bought at the absolute peak of the bullrun... in 2013, didn't sell any until 2017 and recently a bit, if you happen to get in at the end of the run (because we can't really know when it will end) just hold until the next one
1) you assume it'll continue doing this forever.
2) why not wait for the inevitable crash if you think it'll jump back up in a few years?

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2Pacavelli
05/07/21 11:37:40 AM
#33:


You might get wrecked making those moves. Better off choosing XRP and BSV in my opinion they have a better ROI potential at this point

Not financial advice. Do heavy research before pulling the trigger
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monkmith
05/07/21 11:39:54 AM
#34:


i'm taking out risky loans from a loanshark to buy more crypto, i'm sure i'll make bank quick enough so he wont break my kneecaps and sell my liver!

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3PiesAndAFork
05/07/21 11:40:28 AM
#35:


Sabram posted...
Well that's a lie, Coinbase doesn't let you trade in Doge
Lol. It's funny how obviously tongue in cheek this is and everyone's all serious.

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jon1012
05/07/21 6:54:47 PM
#36:


cashin in on doge

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CADE FOSTER
05/07/21 6:56:37 PM
#37:


3PiesAndAFork posted...
Lol. It's funny how obviously tongue in cheek this is and everyone's all serious.

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MICHALECOLE
05/07/21 7:28:04 PM
#38:


3PiesAndAFork posted...
Lol. It's funny how obviously tongue in cheek this is and everyone's all serious.
Ill put my tongue in your cheek
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Robot2600
05/07/21 7:43:16 PM
#39:


TC needs to report back to this topic.

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CADE FOSTER
05/07/21 7:49:48 PM
#40:


Robot2600 posted...
TC needs to report back to this topic.
why he lied cant buy doge on coinbase dudes bullshitting
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ThePusher
05/07/21 8:15:01 PM
#41:


Deja Blue 03 posted...
Go ahead and buy in to Doge now. It's a good bet that it will go up in the next couple of days leading up to SNL.

I would dump it at that point though and put it into something more promising.
ya im prob gonna do this but idk what else is more promising than doge rn

Sabram posted...
Well that's a lie, Coinbase doesn't let you trade in Doge
i downloaded gemini the other day for doge. for everything everything else i use coinbase
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yunalenne10
05/09/21 1:19:24 AM
#42:


I'm worried now.

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"The more beautiful and pure a thing is, the more satisfying it is to corrupt it." - Rule 43
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#43
Post #43 was unavailable or deleted.
ROOTFayth
05/09/21 1:20:18 AM
#44:


worried about super standard swings!?
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KyleHigashioka
05/09/21 1:20:47 AM
#45:


ThePusher posted...
half in bitcoin and half in dogecoin sound good?

idk but this feels like the only move to make rn


Bitcoin is trash. DOGE is a meme.

Prepare to lose all of your money.
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RAAAWWWRRR
05/09/21 1:20:57 AM
#46:


ThePusher posted...
ya

i have a good feeling about this tbh
how u doing tonight? lol i lost $5K

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ThePusher
05/09/21 4:30:23 AM
#47:


lets just say i cant stop drinking
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nfearurspecimn
05/09/21 4:33:26 AM
#48:


this ended well

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Trumble
05/09/21 4:40:45 AM
#49:


ThePusher posted...
lets just say i cant stop drinking

Don't worry, thanks to the crash you won't be able to afford to keep drinking forever.

But learn from this. Not specifically "crypto is bad" - that's the wrong message to take - but "don't invest in memes unless you get in early" and also "don't put everything into a single investment, spread it around".

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#50
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