Crypto currency (IF banned from CA)

[DuuuncanHadaPigeon]

Reminder that centralized exchanges are not your friend and are the opposite of what crypto is all about. They are just bad middlemen.

 

[nikom court]

I use the revolut- coinbase pro method to buy bitcoin,costs roughly 0.5% to buy and withdrawals to my trezor are virtually free.
It takes seconds after it's all set up,there are easier and more ethical ways,but for cost and convenience I can't find a better way in the uk

 

[DuuuncanHadaPigeon]

I use the revolut- coinbase pro method to buy bitcoin,costs roughly 0.5% to buy and withdrawals to my trezor are virtually free.
It takes seconds after it's all set up,there are easier and more ethical ways,but for cost and convenience I can't find a better way in the uk

agreed, coinbase/binance probably the easiest off/on ramp - but they key point is you are in control of your keys and do not hold any crypto on a centralized exchange which is the way to do it

 

[YoboCopter]

agreed, coinbase/binance probably the easiest off/on ramp - but they key point is you are in control of your keys and do not hold any crypto on a centralized exchange which is the way to do it

I took mine off on your advice there all in wallets now

 

[DuuuncanHadaPigeon]

I took mine off on your advice there all in wallets now

that's great! just make sure to look after your seed phrase!

 

[nikom court]

oh and if you invested 1k in gold you would now have £997

 

[Yarrgh]

View attachment 144873oh and if you invested 1k in gold you would now have £997

Do you have the same table for what will make me $237 million with a grand if I had it to spare today.

 

[nikom court]

Do you have the same table for what will make me $237 million with a grand if I had it to spare today.

no,but if you followed my advice in the previous crypto thread when bitcoin was around 4k,you would be doing nicely!

 

[Yarrgh]

no,but if you followed my advice in the previous crypto thread when bitcoin was around 4k,you would be doing nicely!

I wish I had!!!!

I need to get up on these cryptos ASAP.

 

[Johnniepk]

Incredible returns. I have figured out how it works and even bought some.
What i dont understand is where is the actual value?
I have coins no one uses but maybe one day they will.
There is no product and i am really struggling with how its worth anything more than zero.
Is it just demand pushing up the prices ?
( like tulips or 2nd hand cars)
Its exciting, i watch the live changes, but terrifying.

 

[The Gueye Science]

I have coins no one uses but maybe one day they will.

You... you didn't buy actual coins... did you?

 

[Johnniepk]

You... you didn't buy actual coins... did you?

No. Thanks for the concern though. I have some parts of "coins" with an online key in an online wallet.

 

[nsno-chris]

View attachment 144873oh and if you invested 1k in gold you would now have £997

How much did you invest 10 years ago mert

 

[phildp]

I put in £200 in a joke token back in May and know it is sitting pretty at £7.5k though goes up and down like a yoyo because of the whales pumping and dumping. All a bit of rollercoaster ride but fun i guess (took my £200 back out months ago so I am always even, as only make money if I actually sell)

 

[Johnniepk]

I put in £200 in a joke token back in May and know it is sitting pretty at £7.5k though goes up and down like a yoyo because of the whales pumping and dumping. All a bit of rollercoaster ride but fun i guess (took my £200 back out months ago so I am always even, as only make money if I actually sell)

Damn those whales with their pumping and dumping....
But seriously is that not the graft with these disney tokens? Set it up, sell to those wanting to be in on the first piece of the pie. Sell loads of it. Price drops and along come those who want the 2nd piece of the pie. And so on until theres no pie left. Original owners are sitting in Caymans quaffing cocktails for the rest of their lives. Me, who got the last piece has only the one way to go.
As i say, exciting but terrifying!