cryptocurrency?

  • Creator
    Topic
  • #144906
    ajn

      Anyone here

    Viewing 25 replies - 1 through 25 (of 31 total)
    • Author
      Replies
    • #144923
      joss
      Moderator

        @ajn ??

        Joss
        Current car: BMW X2 sDrive 20i M Sport 5dr Step Auto In metallic Portimão Blue. 04:10:2025
        Previous car:Peugeot 308 GT Premium 1.2 Pure tech Petrol.

        #144925
        ajn

          Oh sorry Joss, just wondering if anyone invests/invested in cryptocurrency on here.

          #144927
          joss
          Moderator

            Not me aln. Not my cup O tea.

            Joss
            Current car: BMW X2 sDrive 20i M Sport 5dr Step Auto In metallic Portimão Blue. 04:10:2025
            Previous car:Peugeot 308 GT Premium 1.2 Pure tech Petrol.

            #144936
            ajn

              Yes it’s all a bit confusing Joss.

              ?to the moon..

              #144978
              Phaedra
              Participant

                Friend invested £10,000 in Bitcoin last October, currently trading at around £42,000.

                Please excuse spelling/typos. Apart from being a clot it turns out I had one on my cerebellum that's now causing various problems!

                #144981
                ajn

                  @Phaedra great stuff, lots of up and coming stuff too possible quick turnover..

                  Could be the future, maybe

                  as the saying goes to the moon, moooning even. ???.

                  #144999
                  joss
                  Moderator

                    I think I will look into this,just out of curiosity. @Phaedra could you ask your friend if he/she could recommend any links or how to guides they may have used. Thanks.

                    Joss
                    Current car: BMW X2 sDrive 20i M Sport 5dr Step Auto In metallic Portimão Blue. 04:10:2025
                    Previous car:Peugeot 308 GT Premium 1.2 Pure tech Petrol.

                    #145002
                    ajn

                      Joss just as a guide there’s a trading side of things which will need lots of attention, or you can use something I think called a crypto wallet.
                      (Example ledger nano s or nano x)

                      With a wallet you can study crypto share/coin prices store any purchased interest.

                      The wallet you can google for more info.
                      I tend to buy cheap sit on it.

                       

                      #145003
                      ajn

                        #145004
                        ajn

                          That price there Joss is the price of one coin?, good if you bought cheap and it’s risen.

                          I have a few as low as 44p, so if it rises like the above all good, if I don’t then I haven’t broken the bank..

                           

                          #145009
                          ajn

                            #145010
                            ajn

                              If you got time Joss, take a look on the above almost everything available to view.

                              #145013
                              joss
                              Moderator

                                I will look at this in more detail ajn. Thanks.

                                Joss
                                Current car: BMW X2 sDrive 20i M Sport 5dr Step Auto In metallic Portimão Blue. 04:10:2025
                                Previous car:Peugeot 308 GT Premium 1.2 Pure tech Petrol.

                                #145025
                                Phaedra
                                Participant

                                  Hi Joss, I’ll see him Monday evening and will ask him who he uses  🙂

                                  Please excuse spelling/typos. Apart from being a clot it turns out I had one on my cerebellum that's now causing various problems!

                                  #145097
                                  joss
                                  Moderator

                                    Many thanks Phaedra?

                                    Joss
                                    Current car: BMW X2 sDrive 20i M Sport 5dr Step Auto In metallic Portimão Blue. 04:10:2025
                                    Previous car:Peugeot 308 GT Premium 1.2 Pure tech Petrol.

                                    #145578
                                    Phaedra
                                    Participant

                                      Sorry for the delay, he just got back to me.

                                      He uses Coinbase.com and Crypto.com

                                      Please excuse spelling/typos. Apart from being a clot it turns out I had one on my cerebellum that's now causing various problems!

                                      #145587
                                      joss
                                      Moderator

                                        @Phaedra

                                        Cheers for getting back to us. I will have a look into them. Thank you.

                                        Joss
                                        Current car: BMW X2 sDrive 20i M Sport 5dr Step Auto In metallic Portimão Blue. 04:10:2025
                                        Previous car:Peugeot 308 GT Premium 1.2 Pure tech Petrol.

                                        #189533
                                        Brydo
                                        Participant

                                          Bitcoin has fallen dramatically in recent days and it’s now trading at £16500 ish.

                                          Be very very careful when investing in cryptocurrency and don’t invest money you can’t afford to lose.

                                          The only person who got all his work done by Friday was Robinson Crusoe.
                                          Anything i post over three lines long please assume it is an article lol.

                                          #189943
                                          ajn

                                            Very wise words Brydo, guess it’s al to do with when and what price of purchase…

                                            otherwise ??HODL, I say HODL ??…(Crypno speech)

                                             

                                            ??

                                            #199156
                                            ajn

                                              Hhmmm

                                              #199163
                                              kezo
                                              Participant

                                                Crptocurrency is a bit like the equivalent to gold which has a store value of what people are putting in and doesn’t have an intrinsic value (objective value in an object, asset etc)

                                                Its also worth remembering its more volotile and as much as it can increase one day, it can drop like a brick the next. Bitcoin is in a sense an investment just like stocks and shares or even investing in gold, but with any crptocurrency you can get your fingers burned far more. Personally I would say cryptocurrency is more like a straight bet on something that you think will make money similar to doing a straight win on the horses.

                                                Its also highly unlikely you would have access to the financial services ombudsman or the compensation scheme.

                                                There are known cases of crypto wallets getting stolen. Those who push cryptocurrency often say big major businesses are getting involved so the value will skyrocket, but thats just speculation  because no one knows what will happen.

                                                I’m not saying you won’t make money because it is possible, just as its possible to loose everything. What I’m saying is don’t bet your life savings on it.

                                                Finally, Yes I have gambleb with Bitcoin as a kind of syndicate with a few friends, where each put £200 to buy into it. That was in 2011, in 2013 we lost everthing because it crashed. I will now only invest in something I can see or with protection.

                                                 

                                                @Mike700  would be the best and well suited to giving advice on this subject!

                                                 

                                                #199165
                                                Wigwam
                                                Participant

                                                  There is only one certain product for investment that’s specie ie gold which you hold in your hands.

                                                  #199159
                                                  Wigwam

                                                    Which will help prevent crypto currencies being used for money laundering.

                                                    #199166
                                                    ajn

                                                      Yes very wise words ….

                                                      #199171
                                                      kezo
                                                      Participant

                                                        @ajn invest in a barrel of whisky.

                                                      Viewing 25 replies - 1 through 25 (of 31 total)
                                                      • You must be logged in to reply to this topic.