Off Topic Cryptocurrency

[Sunderpitt]

For the long haul it's advisable to speak to someone who knows what he's doing . . . . an expert, perhaps, who has being dealing with stock markets for a lot of years, rather than just suggesting a fund type, of which there could, and probably will be many underperforming as well as overperforming funds

Yep, that is my view... for the longer term 5 + years, buy a low cost tracker of a large segment of the market, even the FTSE100...when the market dips...

Then go away and forget about it.

Otherwise it can become addictive like gambling...

Or join a local investors club meet/talk about what you should do say once a month or once a quarter

 

[Gordon Armstrong]

Or as I said . . . . talk to someone who knows what he's doing, man

I certainly wouldn't just do what you suggested . . . . "Yep, that is my view... for the longer term 5 + years, buy a low cost tracker of a large segment of the market, even the FTSE100...when the market dips...

Then go away and forget about it."

I'd manage it properly

 

[Smiler]

Thats the best time to buy in when they have dropped and low.

I wasn't buying in though, I'd bought in a week ago and it was still dropping massively when I woke up so I shuffled the funds around until the dropping had stopped. When it had stopped I bought back in to crypto.com which after stopping going down, went up then came back down a little but has flattened out the last hour or two. I'd have had much less had I left it where it was as I missed out around 20% price drop by moving the money out when I did.

 

[Hefty fullback]

For the long haul it's advisable to speak to someone who knows what he's doing . . . . an expert, perhaps, who has being dealing with stock markets for a lot of years, rather than just suggesting a fund type, of which there could, and probably will be many underperforming as well as overperforming funds

Be sure to find that "expert" posthaste - retirement comes sooner than you think.

 

[BigPete]

Canny day today 600 up

 

[BRMC]

I'm currently on Orion Protocol (ORN), Coti (COTI), UTRUST (UTK) and Chainlink (LINK).

ORN isn't live yet and jumped from around $3.40 to $14.64 within the last month.

https://www.orionprotocol.io/orn

Citi Bank just released a report yesterday suggesting Chainlink has the potential to eclipse Bitcoin!!!!!

 

[Evil Jimmy Krankie]

Still don’t really understand it but my portfolio is rising quite a bit. My initial investment amount is currently sitting at just over four times it’s original amount.