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    #16
    Bitcoin opinion

    Hey everyone,

    Bitcoin has always intrigued me as a concept but as an investment it's just too volatile for me. I've provided a link below to the historical price of bitcoins:

    http://www.coindesk.com/price/

    From the beginning of 2014 to the mid point of 2015, bitcoin lost about 75% of its value. It has made a strong recovery and is now at an all time high of $1130 but it could very well see a steep decline in the next few months. There is definitely money to be made in the area but I probably won't be playing in it.

    Thanks,

    Raphael
    Check out the go-to blog for personal and professional development
    thestrongprofessional.com

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      #17
      Originally posted by amarowsky View Post
      Now that I am seeing more and more places accept BitCoin, and hearing more and more research about it. I think I am going to consider buying a small amount of Bitcoin on a monthly basis (maybe 0.5-1.5%).
      How and where do you buy it? I've been thinking getting into bit coin myself.
      Got debt?
      www.mo-moneyman.com

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        #18
        Originally posted by tripods68 View Post
        How and where do you buy it? I've been thinking getting into bit coin myself.
        coinbase.com

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          #19
          due to the risks involved, I'd say no more than 1% of your net worth.

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            #20
            Bitcoin is going bonkers lately with upcoming ETF approval speculation... (~1300 !) if ETF is not approved, bitcoin will likely tank. Would be a good time to buy that possible dip IMO. Going to get really volatile here soon, so be warned.

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              #21
              So the ETF was denied. Shortly after we see a rather small crash of about 15% and recovers just as quickly. Market practically shrugged off the news. Bitcoin appears to have stabilized without much drama. Thats kinda disappointing to me because I wanted to buy more at a steep discount. Anyway, next stop $2000.

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