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9 December 2017, 02:23 PM | #1 |
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Stupid Profits in Bitcoin - Watch Suggestion Needed!
So I got on to the Bitcoin wagon on a whim 2 weeks back. When BTC was trading at 8,500. When it breached 10,000 - I bought some more!
With an average cost of $9,400, I had bought 4 bitcoins and 2 days back, when it hit $15,600 - I got out. It did run up to $18,500-$19,000 within 4 hours of my selling and also crashed back to $15,000 in the next few hours after that! Of course, I would have like to sell closer to the peak and made $37,000 - but I am thankful for what I made. So, end of story - I am sitting on a $24,800 profit in 2 weeks! Stupid money made out of thin air, which I don’t feel like I deserve to have made (I am a banker and advise others on their investments) But it was an exciting 2 weeks as I read up more on it, discussing and arguing with co-workers, evangelizing about its future! But a near $25K profit was enough for me to discard my bitcoin religion and move back to good ole fun things like watches! I am hoping to spend this money on a watch and have a good story to tell about my “Bitcoin Watch” - either look like an idiot or a genius in 5 years’ time! Watch Suggestions Needed, guys! My Current Collection The 2 Watches on my shortlist I have been meaning to add at some point in time have been - 1. The Hublot 45mm Spirit of Big Bang. Tonneau shape. Sporty looks. Well made. Jewel of a movement - Zenith El Primero. Grey Market Price of about $15k 2. The AP Royal Oak Offshore 44mm. The new Titanium version. Legendary maison. Legendary design. Ultimate weekend watch. Niggled by movement issues. Grey Market Price of about $25K - the almost exact amount of the profits made Do you have any other suggestions guys? Looking for - Bold Watches with wrist presence - Budget of $25K - Prefer to spend on complications rather than on Gold / Platinum - Am really keen to buy some “out there” watches like HYT, Urwerk, or similar. Realize that will be difficult in this budget - but am Ok with used too. Any other Bitcoin stories out there? |
9 December 2017, 02:32 PM | #2 |
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between the 2 suggested watches, my vote goes to the AP
However, if i am allowed to suggest, I would consider either a skydweller or a yacht master 2 |
9 December 2017, 02:36 PM | #3 |
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Dont forget to pay your capital gains tax on those profits.
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9 December 2017, 02:50 PM | #4 |
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Location: Dubai
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9 December 2017, 02:53 PM | #5 |
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Join Date: Jun 2016
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Watch: Bluesy
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10 December 2017, 12:51 AM | #6 |
Banned
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Watch: ing da Bears
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9 December 2017, 02:44 PM | #7 |
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26400IO. Contact some ADs you might find one new for less.
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9 December 2017, 02:47 PM | #8 |
Banned
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Watch: my wrist presence
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AP no question ....
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9 December 2017, 03:20 PM | #9 |
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Real Name: Rommel
Location: Toronto Canada
Watch: 116710LN
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Audemars Piguet for sure considering those circumstances!
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9 December 2017, 04:47 PM | #10 |
Banned
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Real Name: Mick
Location: Atlanta
Posts: 1,524
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AP of the two... But I feel a gold president would fit in nicely there.
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9 December 2017, 05:19 PM | #11 |
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Real Name: Roger
Location: Colorado
Watch: this ya'll
Posts: 4,974
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AP vote for me too. You could consider the AP 15202 as an alternative.
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Current Collection: Rolex 126619LB, 116710BLNR, and 216570 polar Explorer II; Omega Apollo 8 Speedmaster and Planet Ocean 42; Tudor BB Bronze Bucherer Blue Edition; Nomos Neomatik 42; Breitling Aerospace, Avenger Blackbird, & SuperOcean 44; Doxa 300 Pro Carbon; Stowa Limette; Laco Napa Flieger; Mickey Mouse Timex Electric; and dare I say it...an Apple Watch too |
9 December 2017, 06:26 PM | #12 |
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Thanks for chiming in.
Anything else interesting out there I am missing out on? Based on the collection I already have - my preference is for a brand that I don’t own already. |
9 December 2017, 06:57 PM | #13 |
Banned
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Real Name: greg
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I bought 2 for 500.00in Vegas some yers back and made a little over 20k ....crazy.
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10 December 2017, 12:30 AM | #14 |
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How about a white gold Daytona with oysterflex?
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10 December 2017, 12:42 AM | #15 |
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ap.
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If you wind it, they will run. 25 or 6 to 4. |
10 December 2017, 12:43 AM | #16 |
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Real Name: Tony
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Another Rolex for sure since you only have one. A PM Skydweller would fit nicely. Plenty of wrist presence.
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10 December 2017, 12:46 AM | #17 |
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My choice of those two would be the AP. Another bold watch with wrist presence at $25k-ish grey market that I like would be the 116618lb yellow gold sub with sunburst dial.
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10 December 2017, 02:04 AM | #18 |
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Should have held that 4 bitcoin for at least 4 years. Where did you sell them?
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10 December 2017, 02:06 AM | #19 |
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10 December 2017, 02:09 AM | #20 |
Banned
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10 December 2017, 02:11 AM | #21 |
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10 December 2017, 02:07 AM | #22 |
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Real Name: MJC
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AP of those, congrats on the trade!
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10 December 2017, 02:27 AM | #23 |
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Agree with Abdullah. AP.
Good way to spend it. But it is money you earned. You took a risk. You hit. Well done. Enjoy it.
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If happiness is a state of mind, why look anywhere else for it? IG: gsmotorclub IG: thesawcollection (Both mostly just car stuff) |
10 December 2017, 02:33 AM | #24 |
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AP by far of the two options listed. Grab a SS SkyDweller or Hulk and bank the rest toward the next fun money opportunity.
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10 December 2017, 02:41 AM | #25 |
TechXpert
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You took a risk, it paid off. Congrats
As for the watch, AP! |
10 December 2017, 04:46 AM | #26 |
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AP or maybe the WG smurf.
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10 December 2017, 05:51 AM | #27 |
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AP for sure. Great job on the cash made!
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10 December 2017, 06:51 AM | #28 |
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if you buy a pm rolex you will give some profit back on day 1. lol
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If you wind it, they will run. 25 or 6 to 4. |
10 December 2017, 01:56 PM | #29 |
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Well atleast u weren’t the poor guy that tossed $70m of Bitcoin away.
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10 December 2017, 02:00 PM | #30 | |
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Quote:
:-) Maybe I will be the genius who rode the last 2 week run up on Bitcoin and magically pulled out an AP ROO 44 out of thin air Maybe I will be the poor sod who sold his 4 BTC for profit to buy “just a watch” while it went on to be worth a million dollars totally within 5 years and he could have comfortably put his kids through college. |
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