I just moved 190k out of my index funds into bitcoin

I just moved 190k out of my index funds into bitcoin.

How much did I fuck up?

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You made the right decision
in the long run

you'll make some money but you really should have bought in at 3-5k

Stock market is long overdue for a correction. Expect it in December.

>just go back in time, you'll make more money

theres a strong possibility of a pull back, possibly as low as 6k. Dont panic OP. the 10k milestone is extremely important.. Normies are going to flock in like seagulls and pump our bags to the heavens. This is the true start of the golden bullrun

not good, not terrible

It'll be the easiest 3-800% return of your life but buying in right now was retarded. Look at the depth view and watch those buy/sell walls vanish into thin air, textbook whale manipulation.

Basically if you invest in BTC right now your returns are dictated by people with large pockets. Just make sure you understand this going in and don't get too greedy, there's probably a shakeout coming this next week

You're going to be a millionaire in about a year and a half. Should have gotten in at 4-5k when us galaxy brains were warning you guys, but still, you're absolutely gonna make it. Be sure to sell gradually on the way up. Buy back in when it crashes, too.

Even better, you're going to elude the inevitable stock market crash and will probably have cash to buy in at the bottom.

I'm pretty new to this whole bitcoin thing. Are the individual coins basically "stocks"?

Which coin(s) should I invest in and is there a way to invest in the market as a whole (like a cryptocurrency index fund)?

I'm thinking about moving a sizeable chunk of investments into it.

This is a joke right?

biggest mistake of your life

He's delusional. Take him to the infirmary

bullish af

Sign up for Coinbase. There's no good index yet. Buy Bitcoin.

sell signal

cheers

only move what your willing to lose user. this entire bull run is massively manipulated by fake tether printing.
look into this thread, educate yourself on the scandal
as of right now the sky is the limit, but it's a bubble waiting to burst at any moment

I did the same with my measly 65k a month ago. I wish I had more to put in and I need to focus on paying off some debt right now. Hold tight and forget about price until at least 2024 op, you made the decision of your life that gives you the best possible chance at dynastic wealth

Short term you didn't fuck up, but you're going to have to be ready to move in a moments notice and watch the market carefully.

good job, now use that BTC to buy a big stack of LINK.

What do you mean by this? Why not just keep it in there for 5 years ? I am quite new to this

Just like last year and smart investors will just buy the big dip and hold for profit while the dumb fucks run away.

Was your plan to get insanely rich? If no, the you fucked up

You are exactly right. DO NOT TRADE. Hold through 2 halving cycles

So just invest everything in the basic "Bitcoin" coin and nothing else then hold for a few years?

You shouldn’t have fomoed in. You’re guaranteed to get rekt I’m the coming months

If you have the stomach to throw it in a safe and walk away for 2 years you’re guaranteed money. If not you’re fucked

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Noone knows what's going to happen in 5 years.

not bad, if you cash out near the end of 2020 youll have 10x it. but if you wait odds are we'll hit around this price again late 2021

learn active daytrading, reg to bitmex if tide turns short it down nice and easy. ride it up to first $100k then $1mil. it's okay.

I'll still be a virgin

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>You made the right decision
>in the long run
^this guy fucks

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Buy some eth and monero if you want to diversify a little, that gets you the best smart contract and best privacy platforms in crypto, but your main holding should be in classic bitcoin. Don't daytrade shitcoins and think long term. You have enough skin in the game that time alone will see you through. Most of biz are poorfags looking to get a 100x on a 5k investment and end up losing it all anyway. With how much money you have at stake you need to just relax and wait, and ignore the daily price fluctuations

You just did this? As in right after it boomed?
To be perfectly honest, you've made a pretty fucking risky move. There are two situations that can play out.
1) It continues to go up, in which case sell once you are sure you can make a decent profit off of it, don't wait too long as a crash will likely happen again soon
2) It crashes within the next 24 hours which means you're probably fucked. Hope you have enough money to fall back into man

Don't listen to this guy op he just wants you to fuck up and feed his bags