- Sep 17, 2019
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- #10,601
Cryptocurrency mega-thread
- Thread starter DapperJong
- Start date
- Tagged users None
- Dec 2, 2014
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Let's say you're interested in investing 50k to see a nice gain 24 months from now, where would one invest?
I know nothing is "safe" but what's safe.
I know nothing is "safe" but what's safe.
owen87
Premium Gold
- Apr 23, 2016
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BTC and ETH are the 'safest' options in that they'll likely be the least volatile, both directions.
Depends what your expectations is for gains really, if you want to become a millionaire neither are likely to do that over the next 24 months.
- Dec 2, 2014
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Nah not millionaire (The dream), My dad asked me as he wants to renovate his back yard in 2 years time after he comes back from China (works there), it will cost around 50k, a mate of his said to put 50k into crypto and in 2 years time it most likely pays for itself.
owen87
Premium Gold
- Apr 23, 2016
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In 2 years time you might be mid-bear market phase and have $25k though.
- Dec 2, 2014
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Of course it comes with risk, I think he'd most likely sell if he ever got to a position to double his money.
- Sep 17, 2019
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- #10,607
If you done this 3-4 months ago with BTC or ETH, you would have doubled your money already.
Hard to say what happens if you buy in now as they are close to all time highs.
- Banned
- #10,610
Bloody high risk strategy. Could easily lose half of it.
I’d put half across BTC and ETH and then spread the rest on some of the smaller coins.
Smarter play for me would be to put the money into Tesla, in 2 years that thing will double.
- Banned
- #10,611
haha wtf. That would put it at a MC of $394 trillion. Four times more than the current entire global economy put together.
Even at 1 cent it would puts its value at three times more than current BTC value which as we all know is it ATH
fantasy stuff
Gak Attack
Brownlow Medallist
Was clearly a joke..
- Banned
- #10,613
haha I feel like some ppl are buying hoping it does get to a dollar
People who are hoping it gets to a dollar are morons.
Us real dreamers are already plotting what we will do when SHIB hits $10.
PoppedCorn
Saints
- Dec 29, 2009
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Well it is deflationary......
I just put 2k into CKB, and it went green straight away
That never ever happens, i think i just shed a tear of happiness.
That never ever happens, i think i just shed a tear of happiness.
Indeed.
I think SHIB will definitely push for more deflationary actions within its system.
The more they burn, the more attractive it will become price wise.
- Banned
- #10,620
So SHIB is a buy?
Sitting at a pretty important resistance level now, clean break through to 1.80 and it's lift off time.
I honestly just think it's hype, like everything is with the project. The amount of burning required for it to even reach 1 cent is insanely large and wouldn't be realistically achieved for years.
Don't need it to get anywhere near 1 cent to make decent profits off it.
Just need to wipe a single 0 off and it's making that profit.
That's the hope. Thus the taking the position now.
I guess this is a test in how far hype can carry a project with absolutely zero use case
