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bitcoin invest?

Mr. J

Well-known member
Maybe invest in a time machine first so you can go back to 2015 and make money investing in Bitcoin.
 

Esme

Member
Maybe invest in a time machine first so you can go back to 2015 and make money investing in Bitcoin.

First bitcoin i bought was £0.10p something in 2010, Had around 4,000 in a wallet sold them on for £1.5 should have kept them would be minted now mate.
 

flylowgethigh

Non-growing Lurker
ICMag Donor
First bitcoin i bought was £0.10p something in 2010, Had around 4,000 in a wallet sold them on for £1.5 should have kept them would be minted now mate.

There is one person here kicking their own ass these days... 4000 x $50,000 = a few nice toys.
 

GMT

The Tri Guy
Veteran
Btcdown on binance is worth a tenner for a 200x value if it drops to 10k within a few months of buying it. A tenner 3 times a year is worth a punt in my opinion.
 

BlackWhite

New member
It can be fun to invest in bitcoin and other cryptocurrencies. It's important to note that cryptocurrency investments should be accompanied by a warning label, just like cigarettes. "This product could be harmful to your financial health." Don't invest more than you can afford.
 

GMT

The Tri Guy
Veteran
Crypto isn't investing, it's a trip to the casino or racetrack. How many of them are businesses that are trading and profitable? The only way to make money is to sell it to someone else for more than you paid.
 

f-e

Well-known member
Mentor
Veteran
It's an artificial high, because the world has been sat on the internet, with nothing to do but buy things, while being bombarded with bitcoin adverts.
The ending of lockdown's leads to a cash grab. A mass selling event as everyone turns to spending opportunities like holidays. The good weather and loosening of restrictions crashed it when in the month it's usually strongest. It's exactly what I was telling a colleague would happen, who was caught up in it all.
The simple fact is that people don't have savings. Which is what it is. It's not an investment, because you have instant access. It's just somewhere people parked their funds as interest was low and they just couldn't spend. Car prices took a similar turn, as people didn't fancy the bus anymore and had nothing better to do than shop. Sending the market crazy. In the UK many were sent home on 80% pay and have never been so wealthy. The average adult is £7800 better off. The impact on house prices is also something, with record hikes. Now starting to slump as people go back to work and holidays. BC is the first indicator. Car prices might be the last to fall back down. Nobody likes giving up the car and getting back on the bus with the great unwashed.

I have been watching airlines. I have missed doubling my money to date, but I still can by next year.
 

H.Marks

Active member
Always been afraid to get involved with BC. Just doesnt seem real. And could vanish like a puff of good smoke. 😄
 

sp4z205

Active member
Always been afraid to get involved with BC. Just doesnt seem real. And could vanish like a puff of good smoke. 😄

Then by all means don't jump on the train.

Wait until FedCoin comes out.

How many people thought the internet was BS, that phones were (oh no the cancers), what did horse/ranch owners say about cars?


https://cryptopotato.com/bitcoin-for-beginners/


Bitcoin is freedom - plain and simple

I used it as a currency back in 2013-2015. Only in the past 3 years have I started using it as a store of value.
 

GMT

The Tri Guy
Veteran
Rolls Royce. Not the cars, the mini nuclear reactor company that services aeroplane engines. Took a major hit during the travel bans, watch it recover over the next 12 months. A great place for capital growth.
Vodaphone, decent dividend yield.
Bitcoin, washed up, no dividend, lots of competition with a future.
 

H.Marks

Active member
Always been afraid to get involved with BC. Just doesnt seem real. And could vanish like a puff of good smoke. 😄

Told you so. Just kidding. Tabloids saying bubble has burst for it today?

I just started mining with my gaming PC it has a nice RTX NVIDIA card. Made 6 euro already in a week. They say in a year the PC can make 3 to 400 euro, nice because I rarely shut down the PC as I do a lot of server stuff online and its a full time work station as well as a nice gaming PC.

I might see if I can get some half decent second hand graphic cards for the 3 old desktops I have gathering dust. The electricity bill for a headless unit is not very much per year.
 

williamwill009

New member
Hello everyone! I want to understand cryptocurrencies. I'm thinking of making money from it. Perhaps some advice can be given here. I will be very grateful to you for this.
 

Volcanna

Active member
Veteran
Pretty risky right now, because of the new digital dollar. I will be buying some more when it dips below 10k.
 

GMT

The Tri Guy
Veteran
Best way to make money over the last 6 months has been to short it. Bet on it to fall. It's worthless. Buy stocks in real companies. Aston Martin up 50% this month, rolls Royce up 30%.
You could 10x your cash this afternoon at the bookies, more at the casino, or who knows on crypto, but if you're not running the scam, don't expect to profit from it. At least with shares, you own a piece of the scam, rather than being a customer.
 

Frosty Nuggets

Well-known member
ICMag Donor
Best way to make money over the last 6 months has been to short it. Bet on it to fall. It's worthless. Buy stocks in real companies. Aston Martin up 50% this month, rolls Royce up 30%.
You could 10x your cash this afternoon at the bookies, more at the casino, or who knows on crypto, but if you're not running the scam, don't expect to profit from it. At least with shares, you own a piece of the scam, rather than being a customer.
Got news for you, the stock market is one giant casino, people place bets on whether the price will go up or down and just like a regular casino the house always wins.
 

GMT

The Tri Guy
Veteran
That's all true, but look at the date I posted that, then look at how those stocks performed.
Now find a crypto with billions in assets, and who pay you a dividend. You can gamble on day trading, or you can look at fundamentals and market conditions to make smart, long term investments.
Next tip, FTSE 100 company, Vodafone.
 

bigsur51

On a mailtrain.
Premium user
Veteran
I'm totally new here, just stumbled upon this forum while doing some research on Bitcoin. So, let me share my little story with you. A few months back, a friend told me about Bitcoin when it was around £4k, and I thought, "Nah, it's too late to get in on this." But guess what? Now it's at £5,473! I've been hearing about this Digital Assets Exchange and even something called a white label exchange. Still trying to wrap my head around it all, but it sounds interesting. Seems like there's a lot to learn and explore in this crypto world! I'm curious, do you think it's still worth investing in Bitcoin at this point?


yes , now is still a good time to nest in bitcoin……my opinion is to buy and hold…..go long

i got into Bitcoin when it was under $400 fiat dollars and have been taking profits off the table for several years now

my strategy is to take those bitcoin profits and convert them to gold and silver
 

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