How much did you invest in bitcoin reddit. I opened a Scottrade account with $5,000.
How much did you invest in bitcoin reddit. Bisquick_in_da_MGM • I’ll never have 1 BTC.
- How much did you invest in bitcoin reddit so i obviously know it's a currency but why is it worth so much and why does it get more and more expensive? comments sorted by Best Top New Controversial Q&A Add a Comment. Users share their experiences of buying and selling bitcoins, and how much they are worth in dollars or other currencies. 5% BTC in a year and a half at a price of about 39. Q&A. I'm going to divide my capital and invest a little sum of money in order to get experience. You do not have the money to lose. 0025 Sat. How long that trend lasts is anyone's guess, my personal view is it still has a lot of room to run. The uncle had travelled to the US and had invested around 300k $ in BTC and made the cousin invest the same amount. This isn't really just a Bitcoin question. I guess I would regret if I had spent 50% of it. In this way much of the supply you indicated of bitcoin is also being used by institutions as collateral and arbitrage. This article was provided by Hushi, a global leader in manufacturing You could say I'm a crafty investor, and you'd be wrong, but you could say it if you wanted to. Ride it out. I don’t have a large portfolio (about a . Hier sollte eine Beschreibung angezeigt werden, diese Seite lässt dies jedoch nicht zu. This makes them a safer bet for most investors. I don’t mind gambling a small amount of money for fun. bitcointothemoonnow • If you can find a place that won't eat up that dollar in transaction fees It beats the shit out of stocks and totally beats the shit out of real estate. A pizza in 2009 should, for arguments sake cost 0. 00005 Bitcoin, and would still cost 0. Members Online. I still recommend buying lump sum when you can. The funny thing is that I sleep so much better being all in on Bitcoin than I ever did when I owned stocks. It seems that most of people who did regret it. And it's very probable that When did you first hear about Bitcoin and when did you actually start buying in? For myself I heard about it around 2015 but had no clue how to buy it. 47 for Bitcoin at the time of writing. Controversial. If you already have a large amount of bitcoin then YES now is a good time to invest in BTC. . I have borrowed against my 401k to become a whole coiner sooner, because I am a relatively recent Bitcoiner and wanted to achieve my goal. extrastone • Additional comment actions. I have read their actual filing and while it is backed by Bitcoin and they must purchase actual Bitcoin (through Coinbase) with the fiat you invest into it, you cannot redeem for Bitcoin. 7k invested that had grown about 3x that I drained to zero. I used the price of bitcoin at the end of November for every year from 2010 to 2021, this does Don't talk about your btc on reddit. Invest what you are willing to lose, ESPECIALLY in Crypto. After all, I was investing and wanted to get in the market! Not only did I get in right at the start of a bull market, but I also limited myself by buying only 5 shares. But for some the volatility probably isn't worth the damage to your health and you'll probably end up selling at the For example lets say you started in Crypto around mid 2022 and fell for the Hype surrounding Algorand. Unless you have extremely cheap energy you’re better off just buying Bitcoin. Bitcoin is portable, even internationally. Reply reply N0616JC • Thank you! Reply reply xXAudacityXx • 😂 but he'll only be losing $1. Nobody understands what bitcoin is so they are just trying to cover their ass. A close friend of mine from a business family called me in early 2021 asking me about bitcoins. Bitcoin is a currency that at the moment isn't widely used. There are still faucets, apps, and games that will give you free sats just for visiting them every day. Also, invest in some other coins too. Cheers mate Not really, I'd rather just hold Bitcoin. If you live in America you can invest in a bitcoin fund. I Posted by u/[Deleted Account] - 8 votes and 47 comments If you feel comfortable announcing on social media how much bitcoin you own, you need to first understand security and the risks of owning bitcoin before investing more. Every $1 you invest now very well could be work $10-100 in the future. Also, don't reply any DMs, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick and read this short guide, please: Price wise, nobody knows what the price will be tomorrow, next week or at You can definitely still invest and make money but with such a low buy in, your rise will be slower. It makes sense to have some diversification regardless of what asset class you are talking about. #BTC 👍🪙😎 If you invested $100 in Bitcoin last week, when it was around $42K, it would've to go up to roughly $417 million for you to make one million dollars off the sale. 36 today based on a price of $98,093. Buy $20 worth of Bitcoin, or however much, at regular intervals. New comments cannot be posted and votes cannot be cast. Invest in your knowledge, learn about Bitcoin as much as you can. Not a bad return! Wish I sold a lot more books, tho. Well, they are wrong. Its down almost 3 percent so jump in now. You don't know what the future reserves us. You are supposed to see Bitcoin as inflation proof and deflation proof, of course since it is tethered to the USD and other fiat currency, it experiences both inflation and deflation. Why would I want to buy something else? I understand diversification but I plan to do that once BTC is I'm a miner. That's if you only stick to bitcoin. "25%" could be any amount, if you are very highly paid your "25%" could be more than someone else's "100%". If you invested less, say $1,000 when 1 BTC equals $40,000, you’d get a percentage of a Bitcoin Outside of a 401k / HSA / Roth / etc you are free to sell assets as needed if you really have a major expense. I give you the inverse r/cc You would need 1500 Th/s (15 miners at 100 Th/s each) just to gross $33,000 but that’s not including the price of energy. It multiplied to $450;when I logged maybe 5 years later. Now is not imo a good time to buy though. Invest however much you can afford. If you do find them, they will be expensive and your ROI will likely be greater than 1 year. I'm still in profit because mining at the time was basically like DCA at a steep discount (it is no longer like that currently and most miners right now are break even or mining at loss). I'd probably aim for $2M or $3M to retire comfortably. 18. its not a could of would of should of moment, the shares did fine and happy, just wondered if anyone had If Bitcoin’s current price is around $40,000, you’d need to invest that much to buy 1 BTC. For me, stocks are stressful and full of counterparty See you should always start putting only enough money that you wont regret loosing at all. Ever. Once we reached our savings goal, everything dumps into investments. 30 in mid June and are starting to get excited that you might be green soon. So, I want to start investing in Bitcoin Age 23 I already have 2 mutual funds running on 1000₹ SIP. Investor Sell buy trading Holder Buy holding or mining and keep mining Haha, if you understand the value of crypto, you may be a holder or miner. If you already have a tiny bit of BTC then YES now is a good time to invest in BTc. You'd be dumb as fuck to use a pattern from when Bitcoin was $100 and then apply it to $100,000. I’ve lost 1k on LRC. Somehow I managed to not lose my info, too. Reply reply Kegheimer • And during that 13 year ride you have to survive exchange's stealing your coins, hacks, forgetting the keys, not accidentally sending a bad Anyway, what was I saying, ah yes, they make mistakes early in their investing timeline, and if they don't wisen up that's how a bitcoin maxi is born. And are you comfortable with holding such a large sum in bitcoin in the first place (meaning, have you got a hardware wallet, have you done a proper backup, did you test your backup, do you know what to do if your device bricks, do you understand what a seed phrase is etc etc). Put the money in high interest savings and wait for the next bear market. Reply reply [deleted] • When there is a dip, buy BTC with your 50 bucks. Best. 31/1/2022 Right now the This is the most stupid thing people keep on repeating over and over and over (only invest what you can afford to lose). Now here comes the plot Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. View community ranking In the Top 1% of largest communities on Reddit. The reason we have so many BTC millionaires and whole coiners is This is a good example of never trusting Reddit for financial advice. don't watch shit youtube videos of people reading off crap websites and conspiracy paranoia. So, unless you plan on dying in your mid-50s, you'll need a bit more than $1M. Once you understand that Dogecoin is built nearly exactly the same as Bitcoin but instead of having a hard limit to the total amount of coins that can be in existence it instead has an inflationary amount of coins added each year, you can see that this currency has the Lol, not everyone lives with their parents just because they’re able to invest that much. If your income allows you to invest $100 a month right now . The price would be almost as much as sending 1000 Depends on how much you believe in BTC, how comfortable you are with volatility (both up and down), and your time horizon. $50K per year adds up to $1 million over 20 years. Coindesk and Blockrock come to mind. Not an investor just a layman making sense out of it. That's my personal opinion on the question. So I bought shares instead. Invest however much you want. This second time Edit: plus I feel like the days of turning £10 in £100,000 are gone so if you want to make serious money you gotta put serious money in. I have invested $100 and I'm curious to know who else has invested money in Bitcoin. But if you were active last two cycle in crypto you could have easily made in crores with airdrops alone. Since Bitcoin came along, all you really need is Bitcoin and your emergency cash cushion. If you want to get in on the Bitcoin insanity without the hassle of buying actual bitcoin, IBIT is definitely thenway to go. You can only redeem by selling the ETF shares and they will pay you in fiat only. 00 which means you need 46,620 btc to be a bitcoin billionaire. The better metric to use (not just for bitcoin but any commodity even lumber) is to look at total deliverable flows. Share Sort by: Best. On the other hand, given the general demographic and knowledge level of this Reddit group, you will find many who are "all in" but they may not have much wealth in the first place so it's easy (and maybe even logical) to be "all in". If the price is high on the day you buy, you get less Bitcoin for your $20. On the one hand my optimistic estimation is the same as yours, but part of me fears that if the price of BTC skyrockets some day and truly threatened the currencies of the OECD countries they pretty quickly would ban transactions with exchanges which would tank Let's say bitcoin only hits 200k by 2030 (very low projection) that's a 7x on your money which will turn your 100k into 700k. It’s boring but BTC I think is the best. The much wow innovative crypto-currency. This smooths out intra-day volatility over time and generally is a better strategy than trying to time the market. Open comment sort options. This is why I’ll share my experience and give advice on how much you should invest in Bitcoin as well This Bitcoin profit calculator provides you with a simple tool to keep on top of your potential gains and losses. The only way that the amount of bitcoins in circulation decreases is by people sending them to wallets that I imagine E*Trade has the same language tacked on to their descriptions of all the new Bitcoin ETFs that were recently approved. The market is at ATH, BTC is down from its ATH, and if you plan on holding at least Get the Reddit app Scan this QR code to download the app now The current price of Bitcoin is about $21,450. The fiat comes from I am new to Cash App and investing. You can see that $100 grow to 115 in a week. Here’s a good example. If you bought Anker (ANKR) Monday March 22 when it was $0. Seeing as you have clearly If you are that broke you have other Financial Issues to deal with before you even look into investing in Bitcoin. Get some BTC mining knowledge at f2pool 🐟to prepare your next bear market! Reply reply Alvarocker3000 • In 2027 I think will be plenty people Do you think Bitcoin will really be allowed to become an asset with a market cap of $21 trillion or more? Serious question. The reason having a fiat savings account is so important is it not only will it save you if you lose a job or have an unexpected car expense or medical bill, but that it makes you a more rational investor that is less stressed out by the volatility in your more risky investments like Bitcoin. I didn’t buy in until the beginning of 2020 thanks to coinbase giving me a free $5. Investing in the mining companies is something I would do as a company if I wasn't able to invest in Bitcoin outright, Bitcoin mining companies are great if you can only have indirect exposure to Bitcoin. As such, it is more resistant to wild inflation and corrupt banks. Able-Pick8296 • First time was in 2010, $14. 6M subscribers in the Bitcoin community. So yes, I did lose a little bit of money, but I became a wiser investor as a result and I'm kinda glad I lost that money. If you invest 1Bitcoin, you should be able to receive three times that amount, and if you reinvest that profit, then you should expect to get up to 6Bitcoin. Don’t think that because you are buying crypto, it means that you’re “investing. 795 Bitcoins worth $173,908 USD today. If you spread it out a little you can easily do a 10x. I don't know which stocks are the best to invest and how much should I invest (as a beginner). Top. I even made a mistake that I If you invested $100 in Bitcoin last week, when it was around $42K, it would've to go up to roughly $417 million for you to make one million dollars off the sale. As someone relatively new to this, I would not suggest investing a lot in bitcoin if you're a high anxiety person and check the price often. It's just like any investment, it takes money to make money. I basically ramped up my mining right before the 2021 bull run peak. Investguiding Home Search I’m always curious to see how much money people have lost and what their future plans are with the projects they have lost money on. Few mainstream financial assets are as volatile as Bitcoin (BTC). :D Reply reply Luke010 • Sorry I can’t hear you out there on land while I’m sitting here on my 30 439 votes, 2K comments. Bitcoin is not a stock. If you live in the UK nothing has changed for you. r/CryptoCurrency. There is need to invest in stocks, real estate, or gold when you can own Bitcoin. don't ask for people to hold your hand. The point of investing non-retirement money in an individual account isn’t necessarily to lock it up and throw away the key. 62 votes, 79 comments. If you invested less, say $1,000 when 1 BTC equals $40,000, you’d get a percentage of a Bitcoin Bitcoin and Ethereum are the two largest cryptocurrencies by market capitalization, and are more established than many other crypto options. I do have my stimulus check just sitting in my bank, and I have plan on DCA = dollar cost averaging. New. DCAing when you Honest answer I'd say you probably need a base allocation of around 0. I believe BTC has huge potential starting now, however i am so late in the game yet would like to invest especially using leverage. I started whatever you would call I did as investing back in 2003. The FCA (the UK’s version of the SEC) have not authorised any Bitcoin funds for use in Bitcoin being traded on markets for fiat cash is not it's intended use. 001 Bitcoin every week (let's say that you DCA for 20 years, you know, because it is a long-term investment) then ordinary people would think that they put that money into a single wallet, they can send it out with the price of a single transaction. Bitcoin is currently in a 1 year bull market. Next is LRC. Before investing, I Yes. I invested my entire life savings plus the loans. What would you recommend is a good way to join the game without risking too much? I have around 5-10K USD to play with. Jimbuscus • My best earner was whatever free A$15 worth of coins Coinbase gave me in 2020 that I came back to being worth A$70 during the bullrun. You Aped in at just over, $. The leading community for cryptocurrency news, discussion, and analysis. So to answer your question you should invest an amount you are comfortable with. If you bought Solana in Jan 2023 you Unless, of course, you're making so much money that you can just burn $1k a month on whatever for funsies, then by all means. So far my gain on stocks are $0. Consider bitcoin to be a saving account that you are willing to lock for 5-10 years, do you have the willpower to let your hard earned money stuck in there regardless of ups and down ? Agreed, you could sell and move Step 3: Once you have built up your passive investment portfolio, you can look at active investing. That investment would be worth $108,992,743. Old. By You may get some unknown airdrops if you have a well maintained active ethereum address with a strong history of eth, layer 2 usage If you want to know how much one can earn now then that something no one can say. I know for sure the space is stupid, I went and checked it out. Ethereum, on the other hand, seems like a stronger choice if you wish to create and build applications and smart contracts with a cryptocurrency platform. Use the report link to report any suspicious private message to Reddit. As I will never It depends on what you want to earn as a profit and also how much you are willing to invest. I’ve sold it when it was near the bottom While you should invest A PART of that in Bitcoin for security, one should never invest 100% into a single asset, specially if that’s the entirety of your revenues. Dont panic. As said earlier, the percent gain is always going to be the same no matter the amount invested. It is crucial to have the first 2 points mentioned above so that you do not crash and burn. I’m not saying you did that but In 2017 I read a lot about people taking out loans to buy crypto. Just be aware of the sunk cost fallacy. If you invest in a total market fund index fund, then you’ll be invested in companies that would benefit if crypto takes off. From 1 to 6 There's no right answer to this question. 5714 coins. With Bitcoin, you can be your own bank. Please contact the moderators of this subreddit if you have any questions or concerns. So, how much bitcoin translates to $3 million? Right now that's 83. I bought 5 shares of five companies. Different life circumstances. That same $100 invested moderately would earn me a few bucks You hate "banksters" so much that you want bitcoin to loose 99. Someone explain to me why bitcoin is worth so much . If you were a layman buying bitcoin back then (not mining it yourself) there is like a 0% chance you would have picked a custody Bitcoin ETF has been approved by the SEC in America. I would do like 55% bitcoin, 35% ethereum & the remaining 10% throw into blue chip crypto like matic & those type of coins. Eventually ETH 2. How much to invest in Bitcoin? These questions can get you so confused that they prevent you from getting started. level so I’ll have more than most people. Invest in bitcoin all the wealth that you cannot afford to lose. Right now it’s outpacing anything else you could do to grow you money right now and you can buy in at what you can afford . Reply reply Efficient-Button-516 I sold some books on a website, opted to get paid my $7 in bitcoin, what the hell. It cause a lot of people to buy things like NEO, Ark 23 votes, 86 comments. You If you had put $75 into Bitcoin each month for the last 6 years, you would currently have 2. Extremely risky. But if you want the actual amount earned to go up, then you're going to have to Investing in anything is a risk not a guarantee so be careful first of all, never invest with money that you rely on. If you have at least that much, I think you could do very well in the next several years. We are able to do so because of no kids and having decent paying jobs, even after buying a house Edit3: the title is a hyperbole, but if you want to "invest" in Bitcoin, you should be aware of the following. wait. 65 bitcoin (at $35862 per bitcoin). 07, if you bought $100 worth you would have had 1,428. ” Reply reply PrizeCranberry2974 • I put a $100 into a meme coin a long time ago Ask pretty much anyone on this sub and they will tell you Bitcoin will still be around in hundreds of or even thousands of years. To be aware that you are a investor or holder. invest. Sharing of ideas, tips, and strategies for increasing your Bitcoin trading Well yes it makes newer bitcoin scarcer, but if you have 100 million coins in circulation before the halving you will still have 100 million after it, and in the end of the day if there are 1 billion max coins then there will be 1 billion max coins in 50 years, 100 years, or 500 years. I opened an account few days ago and bought $5 worth of stocks (Apple & Microsoft) and $4 worth of BTC. Turns out, one of his cousins gave some money to the cousins uncle back in 2016 or 17 to invest in Bitcoin. (well, that's true no matter when you retire) My 401k is set to contribute the percentage of my income that = the yearly limit (about $20k), plus I fund my IRA and contribute after tax to a personal brokerage account after that. I say its OK to invest some in bitcoin if you believe in the technology, and you only use money you are willing and can afford to lose. If you think its worth investing in just buy coin. 11 BTC) but I don’t plan on really investing in much else. I spent 4% of Bitcoin holdings at some point, accumulated more since then. I’m trying to get to the . If you have to speculate in Bitcoin, don't speculate more than you can afford to lose. If you don’t have any bitcoin at all then YES now is a good time to invest in BTC. pick 2-5 serious coins. Given this, the argument is that If you invest everything you have to invest right now, you'll be investing in $20,000 and you'll be sad if the price goes down to $17, 000 whereas if you invest a tenth of that now and then another tenth when it's 17 and then another tenth when it's 18 and so on and so forth, you'll feel better about each investment because it's averaging out rather than trying to time the highs or lows make more money, keeping expenses the same work remote for high paid job, live in LCL area The thing is, expenses aren't inherently a percentage of your salary. The Bitcoin Standard book is a must read. Play small lose small /s Reply reply More replies. Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized The moment you begin taking things for granted the market has a historical precedent of making everyone look very fucking stupid indeed. talk less or not at all, listen and learn more. All I can I'm not sure what you mean by "receiving enough". I personally will HODL through it all because I'm a sick puppy and the swings are fun. The most amazing place on reddit! A subreddit for sharing, discussing, hoarding and wow'ing about Dogecoins. If the price is low, you get more Bitcoin. I think you'll do very well. Bitcoin historically has had at least 3 bear markets lasting a little over 1 year thus you need to No, you actually cannot do that for the Blackrock ETF. I am currently holding as taking a L on that much money would hurt too much. 25 BTC (a quarter of a Bitcoin). If you have time please They are an absolute lifesaver and a true wizard when it comes to Bitcoin investment coaching. If you receive private messages, be extremely careful. Bitcoin has no holding costs. Because BTC WILL dip. Even more if you could late 2021 you could quite possibly get in under $10K, but I would not look at buying all your allocation in one go, decide on the amount you want to invest, split it into 6 and buy when you feel it is right, wait a week, buy again or wait to see if it has gone up from your last purchase, rinse and repeat, buy only when you feel the price is right. There is still so much room for it. 5k and am up about 24% profit. To me that’s a decent monthly contribution To me that’s a decent monthly contribution So I had the chance about 10 years ago to buy bitcoins, but a friend of mine works in city in stocks and shares and said it was a scam. You see transaction volume but much of these are consolidation positions. Reply reply malfenderson • Ooh, thank you, that is a legit insight. Have £300 to invest upvotes · comments. I invest heavily, I'm looking towards FIRE so one day my investments will be my income. Reply reply itsaworry • I heard about Bitcoin in autumn 2010 and thought i would buy some if i could . It's not about how much you have absolutely, it is relative to how much other people have. don't make moronic ape/moon jokes. If you invest with an expert, then you should expect a good return without a loss. if you think "nobody knows" just buy the lottery. 5% of its value. See various amounts, prices, and opinions on bitcoin as a currency I was able to acquire over 1 and 10. You can start looking into ICOs, new coins and even crypto interest earning platforms to earn yield on What "smart" predictions did they think Bitcoin would be by 2023 in order to think "nah, $100 per coin isn't worth investing in"? Because today, a former Bitcoin criticiser is today the largest publicly traded holder of Bitcoin, and Black Rock is coming on board and vying for n ETF so that companies can get in. How much money would you have needed to invest through out the past years to currently be a bitcoin billionaire. As you gain confidence and knowledge on the system, increase it as per your risk appetite, ideally 10% of your monthly pay minimum, going upto 20% if you have understood the system well enough. I had several posts about it if you check my post history starting in Feb 2022 I sold all my stocks and I don’t own any real estate. My guess is you would need 100 mining rigs to make a profit of $33,000 a year. stop looking at your balance. I’ll start off by saying I’ve lost over 20k on CRO. This sub in particular in late 2017 when bitcoin was at its peak and alts were on their way up, said bitcoin was dead. Right now ANKR is with $0. The cryptocurrency’s price could change significantly, with a high estimate of $62,800 and a low of $33,000, This indicates high volatility in the market ,this figures got my attention on their website and I keyed into that opportunity back in August 2023. Just my personal opinion I’d like to read your stories about how you sold your Bitcoin. Another drawback from this is if you have DCA 0. In contrast, a $1 investment in Bitcoin at the time If Bitcoin’s current price is around $40,000, you’d need to invest that much to buy 1 BTC. Which is the only asset you own, So that you can sell all of your remaining possetions and buy more bitcoin? You sound like many others during the precious metal bubble who were SO bullish, that they would claim they wished gold/silver would get cheaper. Reply reply Jayvn13 • You are one crafty investor mate Reply reply prajwalwillrule • Real crafty business Reply reply More replies. It's speculation, not investment. I invest 50% of my income, my partner invests the same. You are alive and accumulating during the time when the network was just gifting free Bitcoin to miners. Those rigs would cost you close to $100,000. It's foolish to apply old models to an ever evolving asset such as Bitcoin. Bisquick_in_da_MGM • I’ll never have 1 BTC. Do I care? A little but as i am not looking for day trading and i bet my ass that the price of bitcoin will rise in the future. I am a bot, and this action was performed automatically. Fuck it, throw a thousand in, learn as much as you can, and repeat. 21 a coin and your initial $100 purchase would now be worth $300. If you’re looking for a decentralized peer-to-peer transactions system, you may be better suited to opt for Bitcoin. Dont panic sell. Question / Help Archived post. You won't make anything like those kinds of gains by buying $75 monthly of BTC starting now for 6 years, but there are plenty of other projects with enough room to grow that you could easily turn your $75 monthly investments into $175k over the next If it makes you feel better one of my friends had bought like $300 of bitcoin when it was in the $20ish area and lost it all when the magic the gathering trading site which was the leading bitcoin exchange imploded. I opened a Scottrade account with $5,000. Maybe 80% BTC and 20% stocks/real estate would be the most I’m willing to go down from 100%. That's rule #2 Reply reply More replies. The question is how much will one bitcoin cost 5 years Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. It sounds to me like you don't have 5k to lose so imo it would be best to just pay off the car. It was new, sounded fun to learn about. 287K subscribers in the BitcoinMarkets community. With how much you start investing and how much your portfolio worth now . If you did your 100hours on bitcoin and have truly understood what it is and how it works - I argue that you should do exactly the opposite. Again, start small, allocate maximum 10% of what you are willing to risk into active investing. at the moment you can start with 1000 or 2000 rs a month, investing only when the market dips. Its been fun playing a role in it but I didn't invested all my life savings and if it crashes to fraction of cents I'm only out $1000 and had a fun time while it lasted. cash out a bit eventually. Again, bitcoin can go down another 7, 8 percent. 0 will eliminate PoW (mining with GPUs), so if you invest in this, you will need to mine another coin and that may or may not be profitable for you. zixl bmpo ygmj wftyoy opnk kzlro fqjg veniww ybfxrw zdjue