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To: Responsibility2nd
Pretty volatile to trade, unless you're fully engaged, (i.e. day-trading). Set stops and know your limits. Long term, not a bad, but risky investment, if you have a few dollars left over after purchasing long term subsistence items first.

Something just in the news which cause a spike this morning:

Russia Prepares To Buy Up To $10 Billion In Bitcoin To Evade US Sanctions

https://www.zerohedge.com/news/2019-01-14/russia-prepares-buy-10-billion-bitcoin-evade-us-sanctions

Watch for a pump and dump...

11 posted on 01/14/2019 4:02:08 PM PST by amorphous
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To: amorphous

Day trading this stuff is dangerous. The volumes just don’t support it. And it does “crazy Ivan” $400 moves in minutes. You really have to stay on top of it to trade.


25 posted on 01/14/2019 4:12:10 PM PST by Vermont Lt
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To: amorphous; All

China is buying Bitcoin too.

If the Russian Government are politicising the legitimacy of Bitcoin by giving it the backing of a super power, I wouldn’t be surprised to see the USA respond by validating XRP (Ripple) as the go to digital asset for the USA and attempt to reduce the significance of Bitcoin.


51 posted on 01/15/2019 2:00:40 AM PST by Enlightened1
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