Invested lots of money in litecoin today, dumb idea ?

invested lots of money in litecoin today, dumb idea ?

you bet, faggito

Bait

The only spam that I've seen more of than this are the Star Wars spoiler spam threads.

Fuck off with your stupid asshole bitcoin bullshit.

When Bitcoin was that high, everybody said it is dumb to invest.

Shit i actually meant it

how much is a lot?

half of my savings, no money spend other than for food

How much is half your savings?

2000$ approx.

Good luck

the problem isnt bitcoin and investing in it, the problem is, try converting bitcoin to real money again. But you'll notice that later

LTC yeah probably a bad idea.

This is what I've been trying to explain to people.

explain

Not him but, Some banks dont like it will freeze ur account..You are turning a investment into Fiat currency so you are liable to pay taxes n shit.

>can you go buy food with bitcoin?
>no
>can you pay rent with bitcoin?
>not so much
>can you pay for legal entertainment with bitcoin?
>kinda but not really

Yep

You could actually do all that stuff, except maybe Pay rent..I imagine your landlord would need to be into BTC aswell.

Nigga, you gonna be fine. It's one of the high potential cryptos.
Keep them for like half a year and it will likely have doubled.

I invested 2,5k on etherium while it was $300 ea. That wasn't even half a year ago.
Now it's $700+ ea.

right on, thanks niggy

I don’t know anything about online currency
Can someone explain to a retard how this currency is worth anything? How can it be changed into cash ??

You're fine. If you buy the coin expecting to sell it immediately you're a poorfag and kys. Buy more when it dips down and wait a year or two for it to shoot into the thousands

Sell them on exchanges, or trade with a friend for cash.