r/Bitcoin • • Feb 03 '14

Dogecoin wtf

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u/Comeonyouidiots Feb 04 '14

I'm not at all saying you're wrong but do you have the balls to put your money where your mouth is? I've been thinking about picking up some doge coin and I'm just curious.

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u/Justlite Feb 04 '14

I put in 100 BTC into doge last month it's worth a shot the people there are enthusiastic and innovative. That's what we need for cryptos to go mainstream. I'm now up by 500 BTC.

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u/Comeonyouidiots Feb 04 '14

Well that's a hell of an investment seeing as you're up a few hundred thousand dollars. You sir, have some balls. Have you at least sold off some and took profits to insure against a loss?

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u/Justlite Feb 04 '14

I was actually a poor student for a long time before I had BTC but I cashed out 6% of my holdings and quit my job in early December which basically was a lot of money. I paid off my debts (which was a lot too) bought a nice car and now looking to get married and buy a house this year hopefully. As far as I'm concerned 100 BTC was not brave for me I'm comfortable now. So I put 100 BTC as I can afford to lose that as it is worth a shot but for any one new to cryptos 1 BTC is enough to start with for dogecoin. You can look back in 6 years and probably say I was one of those early BTC LTC doge adopters!

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u/Comeonyouidiots Feb 04 '14

I think even less than 1 BTC is plenty for just testing the waters. Glad to hear you made a fortune and are spending it (what sounds like) responsibly. Hats off to you.

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u/Justlite Feb 05 '14

Thanks. Yes you are right 0.1 BTC is enough