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Am I too late for CRYPTO?
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Date: November 21st, 2017 8:43 PM Author: Insanely creepy church stock car Now that this shit is mainstream and not going up anymore I’m finally ready to invest. LJL at me thinking all the crypto threads over the last few years were flame and not actually reading them.
Did I miss the boat or is it still worth it to throw some money in?
Is there some crypto for dummies thread I should be reading about how and what to invest in?
I’m also happily taking abuse for being too much of a beta faggot to invest when the board first started going nuts on crypto. |
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Date: November 21st, 2017 8:53 PM Author: vigorous private investor Just open up a coinbase account and dollar cost avg into ETH over the next 6 weeks.
Don't obsess over price. Institutional money flowing in in 2018. Hold. |
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Date: November 22nd, 2017 12:27 AM Author: very tactful gay old irish cottage This.
Over 6 weeks because the price will fluctuate. You're more likely to hold for long term if you don't accidentally put all of your money in at a local high.
Also, do not invest more money then you can afford to lose. |
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Date: November 22nd, 2017 6:12 PM Author: Histrionic overrated regret (http://www.autoadmit.com/thread.php?thread_id=3805287&forum_id=7#34751580) |
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Date: November 25th, 2017 8:21 PM Author: very tactful gay old irish cottage It might be worth spacing out purchases over 12 weeks at the moment because ETH rapidly shot up to an all time high without much warning.
This could be the new normal, but the price might temporarily cool off a bit from time to time. |
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Date: November 28th, 2017 5:47 PM Author: razzmatazz sapphire step-uncle's house only ETH? what about bitcoin? (http://www.autoadmit.com/thread.php?thread_id=3805287&forum_id=7#34792326) |
Date: November 22nd, 2017 6:52 PM Author: house-broken puppy gunner You are not too late, only a tiny % of the population knows what crypto even is you're too late to buy 1000 bitcoins for nothing but lots of other opportunities |
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Date: November 25th, 2017 5:04 PM Author: Haunting Stage You'll keep waiting and then think about this thread a year from now when ETH is $3000. (http://www.autoadmit.com/thread.php?thread_id=3805287&forum_id=7#34769727) |
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Date: November 25th, 2017 5:19 PM Author: Dashing boiling water forum cr (http://www.autoadmit.com/thread.php?thread_id=3805287&forum_id=7#34769809) |
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Date: November 25th, 2017 8:23 PM Author: very tactful gay old irish cottage And for what it's worth, ETH $3,000 just needs Bitcoin's price to double, and for ETH to return to the ETH:BTC price ratio that it was at in June. (http://www.autoadmit.com/thread.php?thread_id=3805287&forum_id=7#34771150) |
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Date: November 25th, 2017 9:18 PM Author: vigorous private investor Still planning on making buys? Perhaps not at this moment after the run up, but sub-400? (http://www.autoadmit.com/thread.php?thread_id=3805287&forum_id=7#34771569) |
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Date: November 26th, 2017 11:31 AM Author: very tactful gay old irish cottage Per Exeunt, one should maintain a healthy cash balance, to make sure that one isn't forced to sell during an inevitable crypto dip. I am rebuilding my cash balances for the moment.
Once I have enough cash on hand I will resume my purchases in small Dollar Cost Average sized chunks.
I think pricing sub-400 is very reasonable. Even 500 (maybe even sub 1000) will likely be cheap in the long term. Once Proof of Stake is on the cusp of rolling out I am expecting a mad rush to buy in the markets. (In Vitalik's recent speech he speculated it could be as soon as summer 2018 for a prototype partial Proof of Stake rollout.)
Caveat; the last time it reached the 400s it also seemed as if the 300s would be a good buy. That turned out to be true, but only if one was willing to hold onto it for a few months. |
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Date: November 26th, 2017 2:58 PM Author: vigorous private investor Cogent analysis. I'm still kicking myself for trying to time a big, sub$100 buy in July and then never pulling the trigger as it never made it there and then quickly recovered. Need to adjust what reasonable price is now. Would like to hit low 3's for more sizable purchases.
How big of buys do u make when dollar cost averaging? |
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Date: November 25th, 2017 10:21 PM Author: fragrant self-absorbed spot Cotdamn that makes me hard (http://www.autoadmit.com/thread.php?thread_id=3805287&forum_id=7#34771987) |
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Date: November 26th, 2017 12:12 AM Author: yellow blood rage (http://www.autoadmit.com/thread.php?thread_id=3805287&forum_id=7#34772741) |