Cryptocurrency

[Steven Knoetze (sk27)]

5 hours ago, BaGearA said:

bought back in a little last week and its already gained much more than i thought 

 

 

will try to hold onto this longer than my last 😂

Same here, had some bad luck with a coin that was, lets just say it was a scam.
Have broken even with Crypto over the years but also should just put it in and forget about it........

What's that saying, "it is not about timing the market but rather time in the market"

[Steven Knoetze (sk27)]

Another big dip in progress.........

[SwissVan]

2 hours ago, Steven Knoetze (sk27) said:

Another big dip in progress.........

Thanks to vladimir, they really should just blow him off the face of the earth….but no let’s talk about sanctions…. Really 🤨

[Steven Knoetze (sk27)]

1 minute ago, SwissVan said:

Thanks to vladimir, they really should just blow him off the face of the earth….but no let’s talk about sanctions…. Really 🤨

Sanctions against Russia is pointless!!!!

[MTBeer]

1 hour ago, SwissVan said:

Thanks to vladimir, they really should just blow him off the face of the earth….but no let’s talk about sanctions…. Really 🤨

surely crypto should be a 'safe' haven in times of uncertainty?

[Steven Knoetze (sk27)]

3 hours ago, MTBeer said:

surely crypto should be a 'safe' haven in times of uncertainty?

It is not exempt from these external forces.
It should bounce back quicker, ultimately it is unfortunately still linked to the USD when valued.

[SwissVan]

5 hours ago, MTBeer said:

surely crypto should be a 'safe' haven in times of uncertainty?

It’s  as safe as the electricity supply or internet service during a war 

 

[IceCreamMan]

I see crypto advertise a lot in F1 these days?

 

how many crypto currencies have failed ? 

[BaGearA]

12 hours ago, IceCreamMan said:

I see crypto advertise a lot in F1 these days?

 

how many crypto currencies have failed ? 

1000's but then 100's are created each day 

 

it only really needs some social media attention to really survive 

[greys]

The bull cases for crypto:

No other asset class has made such big gains over the last decades. 

Bitcoin is like digital gold. There is only limited supply, demand will go up.

Crypto price is uncorrelated with overall market development

When it comes to crypto it's essential to do our research and consider our risk tolerance before diving into the world of Bitcoin. I check info at https://coinmarketcap.com/alexandria/article/7448d9f3-1fa0-460d-bd24-3076044d0c10 to stay in touch. It's certainly an intriguing option for diversifying your investments and potentially reaping some rewards.

 

Edited October 30, 2023 by greys