suflanut
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June 16, 2017, 04:30:32 AM |
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i'm in the same boat with Doge...BTC is UP 28% for a 30 day period, including this correction. Tell me, how many stocks or bonds, or gold or silver ETF's or individual companies can claim this sweet rise? Not a heck of a lot. A few moths ago, I took all my funds out of Goldmoney, and, put it into mostly Ethereum, and other top 10 coins, and, I enjoy the cheap speculative coins, like Verge, Reddcoin, as you can get a lot of bang for your buck...the downside is minimal, and, the upside is pretty big, if one gets a bit lucky. I also just plopped a fair chunk into Litecoin, for long term holding, as from what I've been reading, this one could reach triple digits within a year, or more. I got sick and tired of spot gold creeping up, and my gold mining stocks going red, day after day, proving to me the manipulation factor. The time for bullion will come, things have to get nasty in the stock market before that happens, or, WWIII starts. It's impossible to counterfeit a blockchain..before this 2nd correction, in a very short period of time, my total accounts had risen almost 35%, and, for now(it won't last), tax free. I made a fair chunk in 2016 on mining stocks, and, my tax bill sucked...I'll go where the action is any day, especially when it's tax free(1 site wanted my SS# for taxes(and I would not sign up there, no way) I thought paying $320 fro BTC was too much, and, a big risk. I said that when I bought my ETH for $66, and, on and on it goes. There is so much money in this arena, it's amazing, a true global phenomenom, and, a tectonic shift in "money" as we know it, changing before our very eyes. Cash will simply dissapear soon, as crypto-currency takes hold. These are "The good old days" NOW.
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