Sold of My Entire Bullion Collection In Order To Purchase BitCoins

Discussion in 'Bullion Investing' started by Tyler, Apr 1, 2013.

  1. ToughCOINS

    ToughCOINS Dealer Member Moderator

    BitCoin = $21,008
     
    Last edited: Jun 13, 2022
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  3. TheFinn

    TheFinn Well-Known Member

    Those poor suckers that leveraged in at $69k are sure hating life.
     
  4. masterswimmer

    masterswimmer A Caretaker, can't take it with me

    $21,413

    Harry Belafonte said it best, 'How low can you go?'

     
  5. ToughCOINS

    ToughCOINS Dealer Member Moderator

    I forget how much they were hawking BitCoin at that time. Wasn’t it supposed to be a million bucks 5 years from then, or something as ridiculous as that?

    BitCoin = $20,867
     
  6. Kentucky

    Kentucky Supporter! Supporter

    Gotta collect that foam :)
     
    fretboard likes this.
  7. Mark A Williams

    Mark A Williams Active Member

    Good luck Hope it holds out for you. Only the future will tell.
     
  8. -jeffB

    -jeffB Greshams LEO Supporter

    A rising tide lifts all boats, but foam... not so much.

     
    Kentucky likes this.
  9. Kentucky

    Kentucky Supporter! Supporter

    [​IMG]
     
    Cliff Reuter likes this.
  10. chascat

    chascat Well-Known Member

    A softer market in most all sectors...ride the cyclone.
     
  11. rte

    rte Well-Known Member

    I was in a coin club that had a thing going on back in 1986/87
    Buy in for $320 (bring in three more like minded people) the $320 was returned to re-invest...that netted a half ounce AGE and 3 silver AGE's when your 3 people did the same.
    After those people repeated the process over and over again more metal comes your way.

    Some people got paid out of turn and contacted the government for advice and the government in their infinite wisdom shut it all down.
     
    Cliff Reuter and CoinCorgi like this.
  12. rte

    rte Well-Known Member

    I see what you did there...:panda:
     
    Kentucky, fretboard and CoinCorgi like this.
  13. ToughCOINS

    ToughCOINS Dealer Member Moderator

    BitCoin = $20,144
     
    fretboard and Two Dogs like this.
  14. Clawcoins

    Clawcoins Damaging Coins Daily

    I sold my stuff when it rocketed to $1,900 a coin back in 2017.
    oh well
     
  15. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    As I have stated many times ! I have two
    accounts one that I bought early in the BTC
    program and on that I trade daily, you can
    knock it all you want, but as long as there
    there’s money to be made I am all In !
    i can’t help that some don’t understand the
    concept, you can lead horse to water but
    you can’t make him drink…LOL
     
    Cliff Reuter likes this.
  16. Mr Roots

    Mr Roots Underneath The Bridge

    You can’t be all in if you keep taking profits.
     
  17. ToughCOINS

    ToughCOINS Dealer Member Moderator

    By the way, since you trade daily, the complexity of the associated tax filing would absolutely boggle my mind and consume all of my time. Did you file already, or did you get an extension? I'm curious as to how much time that ultimately took / will take to complete.
     
    Cliff Reuter and Two Dogs like this.
  18. Gilbert

    Gilbert Part time collector Supporter

    Crypto blood bath briefly interrupted by bear market rally. :shy::rolleyes:
     
    Cliff Reuter likes this.
  19. Two Dogs

    Two Dogs Well-Known Member

    Otherwise known as the "dead cat bounce."
     
  20. Cliff Reuter

    Cliff Reuter Well-Known Member

    Bernie Madoff may have been a member of the club?
     
  21. Cliff Reuter

    Cliff Reuter Well-Known Member

    Would it be much different than a Day Trader with conventional stocks?
     
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