I've almost doubled in value what I've bought this year. Nothing major though.. Just a few hundred quid. The boat has been missed for crypto now I think..
I should have bought in when I was advised to do so in 2012..
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Crypto currency (IF banned from CA)
- Thread starter YoboCopter
- Start date
I should have bought in when I was advised to do so in 2012..
YoboCopter
Player Valuation: £50m
Ye its a decent little intrest imo and if you can make money doing it not sure why it gets so much negativty a think its mostly jealous people
neil999
Player Valuation: £80m
This! While listening to Joe rogan and fantasising about being mates with Elon musk lol
DuuuncanHadaPigeon
Player Valuation: £10m
It is easily the best crypto on the market and is only 6 months old (post launch phase)
Triple audited, NO ADMIN KEYS, 100% uptime, 1000x in 18 months, trustless interest, immutable smart contract.
@Paris likes to call the founder Richard Heart a scammer yet after multiple times asking him can never provide me any evidence for this. Richard Heart writes self help books and gives them away for free, encourages people to stop trading and stop gambling, donates heavily to the SENS foundation. These are not the actions of a scammer.
Instead what Paris likes to do is listen to youtube vloggers, all who promote leverage trading and buying the next big altcoin. If you want to go down that route there is a very strong chance you will end up a rekt pleb.
Meanwhile I am enjoying insane gains on HEX and earning trustless interest (50% APY) a day
You real bro?
Are they gonna do another Mario kart?
catcherintherye
Player Valuation: £80m
For crypto currency there was a small correction yesterday and re-bound. When it crashes it will lose 85-90% of it's value and that is due to happen very soon (if you use the metric of how many days until the next crash). That is the big opportunity in all of this, to pick some up for 10% of the peak value. I would be waiting patiently to invest if thats what you intend to do. I have a figure for bitcoin (around 6-7k) that I will start to become interested in.
A lot of enthuasiasts seem to think a crash won't occur. I think it's more likely to occur now, as once it gets wobbly, these hedge fund managers, guys like Elon Musk etc are just going to take their profits. If you are a x 2 on an asset and are judged by YOY performance, you are not going to be hanging in as any point of principle. Now a bigger portion than every of the asset is held by Wall Street Firms, who don't understand how it works, never mind have any loyalty to it, I can see quite a severe crash once it kicks in.
If you are looking to day trade before that, I would use pretty type stop losses. Thats the phase I am at really, I buy in, and have generally a 30-35% stop loss as soon as a buy which trails the price. It makes I sometimes leave some profit on the table, but I save myself from a 90% collapse which is coming. Depending on how risk averse you are, you can't go wrong buying a selection today. It looks like the stochastic measures (and the RSI) are going in the right direction. I'll probably be waiting to see how it "closes" today (not that it ever closes, but see where it is at 10pm) to see if it's held that growth and probably look for a repeat tomorrow and then enter back in. Bitcoin at somewhere around the 47/48k mark having had a couple of days consolidating is good. 30% trailing stop loss and see if we can have a month of growth back towards 65-70k.
My advise would be though, to use stop losses, and keep an eye out for the big crash that will come.
A lot of enthuasiasts seem to think a crash won't occur. I think it's more likely to occur now, as once it gets wobbly, these hedge fund managers, guys like Elon Musk etc are just going to take their profits. If you are a x 2 on an asset and are judged by YOY performance, you are not going to be hanging in as any point of principle. Now a bigger portion than every of the asset is held by Wall Street Firms, who don't understand how it works, never mind have any loyalty to it, I can see quite a severe crash once it kicks in.
If you are looking to day trade before that, I would use pretty type stop losses. Thats the phase I am at really, I buy in, and have generally a 30-35% stop loss as soon as a buy which trails the price. It makes I sometimes leave some profit on the table, but I save myself from a 90% collapse which is coming. Depending on how risk averse you are, you can't go wrong buying a selection today. It looks like the stochastic measures (and the RSI) are going in the right direction. I'll probably be waiting to see how it "closes" today (not that it ever closes, but see where it is at 10pm) to see if it's held that growth and probably look for a repeat tomorrow and then enter back in. Bitcoin at somewhere around the 47/48k mark having had a couple of days consolidating is good. 30% trailing stop loss and see if we can have a month of growth back towards 65-70k.
My advise would be though, to use stop losses, and keep an eye out for the big crash that will come.
It's absolutely not.
But not all crypto is Proof of Work (PoW, which is mining), many are Proof of Stake (which does not involve mining in order to 'make' yourself more coins).
The coins I have are accumulating more just by being staked (essentially like keeping it in an ISA rather than in my online 'wallet').
No doubt huge regulations will come into force soon though, because all the boomer billionaires are terrified about the whole decentralised thing. Hopefully I'll have enough for my own gaff in Greece by then so whatever.
DuuuncanHadaPigeon
Player Valuation: £10m
No spam here apologies if it comes across that way, just very enthusiastic like you said. I post the way I do because @Paris has repeatedly called this project and the founder a scam and never once has backed up his claim.
The charts don't lie go and look at them for yourself, it has outperformed everything this year by some distance.
You might think its worth nothing, but you are demonstrably wrong. There is around 3billion dollars locked away in HEX.
I wish, check it out, the charity does amazing work.
DuuuncanHadaPigeon
Player Valuation: £10m
You are right, the crypto market regularly crashes 80-90%. BTC has done this 3 or 4 times in its history.
I personally do not like limit sells as you are basically telling the exchange what your position is, so they can just wick you down and liquidate your position. However, if you are locking in a profit by doing this you may not care.
Can't say I see it myself.....
DuuuncanHadaPigeon
Player Valuation: £10m
All of these are in the context of a crypto discussion over several weeks. I am not spamming sorry if it comes across that way, I am just trying to inform people, stop them from leverage trading and falling for the common pitfalls of crypto.
