2018 will be a crypto/Bitcoin BEAR market

Discussion in 'Business' started by Amun, Dec 30, 2017.

  1. DR OSMAN

    DR OSMAN

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    I think warren buffet investment philosophy makes sense. But I am not sure if people will know what it really means if you don't understand architecture as they will just copy word for word what he is saying in his philosophy and not understanding the real meaning behind it.

    His idea is invest in a company that is operating at least 10 years so u got 5 year track record to review of growth so this eliminates bitcoin and mostly tech stuff, but at the same time check out management of the place and their history which is damn true, I wouldn't trust a 20 year old something that's for sure, I prefer a 50-60 year old that is proven his stripes, plus u gotta look for what differentiates the business your investing into compared to the others in the market.

    If your all selling coffee basically, what is that makes you the one their going to drink coffee at which comes down to the management strategies how to minimize operating costs and expand on gaps in the market and eliminate competition thru any tactic possible.

    His investment philosophy is pretty spot on but it doesn't understand the full lay out of the architecture and the factors that are involved beyond the market place and geopolitically. Plus I don't agree you should go to the sharemarket of whatever its called with little money which he did apparently buying low cost stocks thinking it was cheap but cheap dont mean u making money, its better buying something more expensive that actually makes money but going to the share market wouldn't be my approach anyways especially with a small capital. If you got a small capital u need to play in small markets to build it up.
     
  2. Hybrid

    Hybrid Death Awaits You

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    I think the market is correcting itself. I invested thousands in useful cryptos that I believe will stay and I'm riding through it for the long term
     
  3. Amun

    Amun Useful idiot

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    It's not a correction, it will go much lower than this. I will bump this thread in a few months again and laugh at you.
     
  4. AliUK

    AliUK

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    The only people making money are early investors who are cashing out or the pump and dumps which is the only way for the average person to make money on it now.
     
  5. Bohol

    Bohol Halimo connoisseur Staff Member

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    Just hold it if you invested in good coins. What is the rush, wait a year or 2.
     
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  6. Hybrid

    Hybrid Death Awaits You

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    if you look at the history of crypto market, there were similar crashes before and the market recovered from all of them. the worst thing one can do right now is sell his holdings.
    this crash just makes it easier for me to pick up more alt coins.
     
  7. wars

    wars Inhermouth

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    I sold my bitcoins back when it was 18k and never looked back... I still have the coinbase a app thou but never have I ever went back to Gdax.
     
  8. Hybrid

    Hybrid Death Awaits You

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    good for you. crypto is undeniably a high-risk market. however, you can minimize your personal risk if you did your research and your money is in good projects.
     
  9. Vanguard

    Vanguard Fossa dei Leoni

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    :mjlol::mjlol::mjlol:

    It's almost at $10k
     
  10. Vanguard

    Vanguard Fossa dei Leoni

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    Don't let your stubbornness stop you from prospering :sass2:
     
  11. Amun

    Amun Useful idiot

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    And now it lost 20% again and its at 8K.

    It's going to book the year in a big fat red.

    Remember I made this thread when it was pushing 18K
     
  12. UpRightDown

    UpRightDown Average boy, thinking a lot.

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    You never knew, I made my prediction that crypto may crash in the end of this year absolutely due to the demand decreasing. Stick to Gold for the most part.
     
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