Off Topic Does anybody understand bitcoin?

[Howdentiger2]

..,.if clever or lucky enough to sell at the 'right' times, otherwise it's all theoretical

The same as most investments

 

[Gone For A Walk]

The same as most investments

Yep......IF you think you can time the market. Otherwise, no, probably not.

 

[Edelman]

It's crazy .
My Crypto has gone from £400 up to £1,583 then back down to £367 now back to £1,050

 

[philhul]

It's crazy .
My Crypto has gone from £400 up to £1,583 then back down to £367 now back to £1,050

cash in...take the profit and wait for a dip in the market....it will come

 

[Edelman]

cash in...take the profit and wait for a dip in the market....it will come

I'm tempted in the next few weeks .
It seems to run in line with the Tech Ai boom

 

[originalminority]

Reckitts shares dropped this week after a long boom.

 

[Red top reader]

My grandson has just made £500 on crypto, he’s talking out the £500 and leaving the rest in until it hits a certain level and take some more out.

 

[TwoWrights]

My grandson has just made £500 on crypto, he’s talking out the £500 and leaving the rest in until it hits a certain level and take some more out.

Initial and investment?


The views expressed in my posts are not necessarily mine.

 

[FLG]

My grandson has just made £500 on crypto, he’s talking out the £500 and leaving the rest in until it hits a certain level and take some more out.

Probably done the right thing.
Might not see such wild swings in cyrpto now that the bitcoin ETF's are available.
Ultimately if he can get his initial investment back and leave some money on a free ride it's stress free investing / gambling.

 

[Gone For A Walk]

Probably done the right thing.
Might not see such wild swings in cyrpto now that the bitcoin ETF's are available.
Ultimately if he can get his initial investment back and leave some money on a free ride it's stress free investing / gambling.

Except it probably isn't as you'd be constantly looking at the lastest value and wondering if / when to take profit etc!
But yep, probably a sensible move as at least it's a free ride from now on.

 

[TheCasual]

Here's a update on the £1k portfolio. We're miles a head of where I thought we be. Currently we're 189.8% up.

 

[Howdentiger2]

Here's a update on the £1k portfolio. We're miles a head of where I thought we be. Currently we're 189.8% up.

Better then a kick in the balls

 

[TheCasual]

Better then a kick in the balls

Or better then what you'd get with a bank

 

[Howdentiger2]

Or better then what you'd get with a bank

Only just though haha

 

[originallambrettaman]

I've just seen an old mate ranting on LinkdIn about losing €55k in Bitcoin and Dogecoin, taken out of his Coinbase account without his knowledge. It seems his computer was hacked (or his phone) so Coinbase aren't interested and have blamed him, despite him having 2FA set up, which was clearly bypassed somehow to access the money (which has ended up in an untraceable account in Belize).

 

[Amin Arrears]

Or better then what you'd get with a bank

Not as good as you’d get in a loaf of supermarket bread or a supermarket pizza though.

 

[pcworks]

Reckitts shares dropped this week after a long boom.

Added to my watchlist, it can be tricky catching a falling knife.
The children's baby milk formula court case and potential compensation claims and poor results have hit the share price hard, 20% share price drop is a big hit but a possibly a good buying opportunity ahead.

 

[TheCasual]

The halvening happend over the weekend. This is where the fun really starts here.

 

[Kalman]

I've just seen an old mate ranting on LinkdIn about losing €55k in Bitcoin and Dogecoin, taken out of his Coinbase account without his knowledge. It seems his computer was hacked (or his phone) so Coinbase aren't interested and have blamed him, despite him having 2FA set up, which was clearly bypassed somehow to access the money (which has ended up in an untraceable account in Belize).

I stopped using Coinbase when I realised you couldn’t buy Monero on it.

 

[Edelman]

The halvening happend over the weekend. This is where the fun really starts here.

If people Are expecting the same rise in the price that happened in 2020 with the halving they will be disappointed it isn't realistic