Off Topic Does anybody understand bitcoin?

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Panorama @ 20:00 tonight... 2023-09-25
"Downfall of the Crypto King"
Food for deep thought.
Not sure you’d call it food?
Deep Thought obviously used a lot of energy, as any supercomputer running for 7.5 million years to come up with an answer would, but I wouldn’t really call that ‘food’
Anyway… Don’t Panic
 
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Not sure you’d call it food?
Deep Thought obviously used a lot of energy, as any supercomputer running for 7.5 million years to come up with an answer would, but I wouldn’t really call that ‘food’
Anyway… Don’t Panic
I gave up panicking when I realized I'd never sell the 100 hectares of swampland I purchased in Florida over 40 years ago. <doh>
 
I see bitcoin is on the march and dragging others up with it.
Good chance to take some old positions off the table as they turn from red to green.
Keeping a few though.
I'm liking semiconductors right now.
 
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I see bitcoin is on the march and dragging others up with it.
Good chance to take some old positions off the table as they turn from red to green.
Keeping a few though.
I'm liking semiconductors right now.
Looks like the approval of a Bitcoin etf might be helping drive it
 
It's always exciting when Bitcoin starts its upward march and brings other cryptocurrencies along for the ride. Taking profits when you notice your investments turning from red to green is a savvy move, and it can help you manage your risk and capital effectively.Holding onto a few positions, even when you're trimming others, is a smart strategy for long-term growth potential. It's a way to ride the crypto waves while still securing some stability.If you're interested in exploring more about cryptocurrency trading and investment strategies, you might want to check out https://quantumaitrading.net/. They offer insights and tools that can be valuable for navigating the crypto landscape.
 
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Not strictly cryptocurrency, but I recommend a film called dumb money. Based on a relatively recent real life story which I read at the time when a small time trader got loads of other people to back game store, basically the equivalent of cex over here, and take on hedge funds etc. I really enjoyed it.
 
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Only a profit if you actually sell, otherwise it's theoretical. And at this point the 'investment' would have yielded more elsewhere, with zero risk.
 
Only a profit if you actually sell, otherwise it's theoretical. And at this point the 'investment' would have yielded more elsewhere, with zero risk.
That's when the mentality shifts .
When you buy and say it goes up 100% at least taking half out is the logical idea .
But once it doubles the mind thinks what if it doubles again .
You win,you lose .
A 10 pound investment in Microsoft on IPO day is now worth £3 . 5 million pounds .
That would take some massive nerve to constantly hold.
 
Nothing yields more with zero risk, that's the entire point of earning a return. It's reflective of the risk of the investment.