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Crypto currency (IF banned from CA)


Serious question.. invest or no right now? I was talked out of putting in money when the thing was at $1000… looked again at $7000.. but never took the punt…. Something is telling me it’s a good time … Anyone have reading material or links to people they trust on the topic?
 
BornBlue76 said:
Serious question.. invest or no right now? I was talked out of putting in money when the thing was at $1000… looked again at $7000.. but never took the punt…. Something is telling me it’s a good time … Anyone have reading material or links to people they trust on the topic?
Click to expand...
When it comes to investing in Crypto, don't trust anyone. The future is unknown so any investment is done at your own risk.
I put off investing in it for 2 or 3 years. I finally took the plunge last November right at the very peak so my investment is down 50% at the moment. At the time there were loads of people saying it was a great time to buy. Personally I'm happy to hold for several years and see what happens.

So would I have preferred to have been investing now rather than back then? Yes.

Does that mean now is a great time to invest? Nobody knows.
 
BornBlue76 said:
Serious question.. invest or no right now? I was talked out of putting in money when the thing was at $1000… looked again at $7000.. but never took the punt…. Something is telling me it’s a good time … Anyone have reading material or links to people they trust on the topic?
Click to expand...
As buzz above says you have to do your own research cos nobody knows,it's highly volatile.
my opinion in a game of of guess the bitcoin price is that if it moves past 35/36 we've probably seen the bottom, nobody has ever lost money holding bitcoin for 4 years or more!
The bitcoin standard by saifdean is an excellent book, you can get it on Amazon.
 
Buzz Lightroom said:
When it comes to investing in Crypto, don't trust anyone. The future is unknown so any investment is done at your own risk.
I put off investing in it for 2 or 3 years. I finally took the plunge last November right at the very peak so my investment is down 50% at the moment. At the time there were loads of people saying it was a great time to buy. Personally I'm happy to hold for several years and see what happens.

So would I have preferred to have been investing now rather than back then? Yes.

Does that mean now is a great time to invest? Nobody knows.
Click to expand...
Pretty good advice, most youtube crypto 'influencers' are actually just paid shills. Do your own research and only invest what you can afford to lose.

If you are unsure about crypto then you are probably best just investing in an index fund, if you are willing to weather 80-90% dips then you could be rewarded with huge upside swings.

nikom court said:
As buzz above says you have to do your own research cos nobody knows,it's highly volatile.
my opinion in a game of of guess the bitcoin price is that if it moves past 35/36 we've probably seen the bottom, nobody has ever lost money holding bitcoin for 4 years or more!
The bitcoin standard by saifdean is an excellent book, you can get it on Amazon.
Click to expand...

The best BTC indicator I think is the greyscale premium, it is still negative, so BTC is still in a bear market. If that premium goes positive then it is likely you will see positive price performance
 
Buzz Lightroom said:
When it comes to investing in Crypto, don't trust anyone. The future is unknown so any investment is done at your own risk.
I put off investing in it for 2 or 3 years. I finally took the plunge last November right at the very peak so my investment is down 50% at the moment. At the time there were loads of people saying it was a great time to buy. Personally I'm happy to hold for several years and see what happens.

So would I have preferred to have been investing now rather than back then? Yes.

Does that mean now is a great time to invest? Nobody knows.
Click to expand...
Yep agree … I’m not thinking as a short term invester but over 5 years… think it will get more legs than not.. and I definitely won’t put the pension on it
 

T
nikom court said:
As buzz above says you have to do your own research cos nobody knows,it's highly volatile.
my opinion in a game of of guess the bitcoin price is that if it moves past 35/36 we've probably seen the bottom, nobody has ever lost money holding bitcoin for 4 years or more!
The bitcoin standard by saifdean is an excellent book, you can get it on Amazon.
Click to expand...
thanks… I used to play in the derivative market and it was a roller coaster.. decided to stay away from short term trading.. but BTC over 5 years… hmmm.. we all need to take some risk
 
dashboard.lfg.org

LFG Reserves

Luna Foundation Guard Reserves
dashboard.lfg.org dashboard.lfg.org

75% of the LUNA reserves are in AVAX, you would think at some point they are going to dump these tokens to try and restore the $1 UST peg

It is not a huge amount of money but could explain why AVAX is down 20% today
 

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