Crypto takes a nose-dive!
Posted: Tue Jan 16, 2018 3:54 pm
ouch..
UK BOINC Team Forum
24th April - no forum issues for 3+ months now :-)
https://www.ukboincteam.org.uk/newforum/
Crypto takes a nose-dive!
https://www.ukboincteam.org.uk/newforum/viewtopic.php?t=6195
Page 1 of 1
Re: Crypto takes a nose-dive!
Posted: Mon Feb 05, 2018 10:04 am
A few weeks later!
Re: Crypto takes a nose-dive!
Posted: Mon Feb 05, 2018 10:05 am
Re: Crypto takes a nose-dive!
Posted: Mon Feb 05, 2018 10:32 am
A bit of a roller coaster there Chris! 
Re: Crypto takes a nose-dive!
Posted: Mon Feb 05, 2018 10:36 am
$20K to $8K in a few months, seems mad until you realize it went from $1K to $20k in about a year!
Like I have always said, never invest more than you can afford to lose..
Personally I have stuck to that and have got most of my investment from mining and clever trading; so I am in this for the long run of 5-10 years.
I guess only time will tell if that was a wise "gamble" or not.
Like I have always said, never invest more than you can afford to lose..
Personally I have stuck to that and have got most of my investment from mining and clever trading; so I am in this for the long run of 5-10 years.
I guess only time will tell if that was a wise "gamble" or not.
Re: Crypto takes a nose-dive!
Posted: Mon Feb 05, 2018 10:44 am
It's almost looking like a good time to buy now, if only it could be guaranteed to be $20k next December ...
Re: Crypto takes a nose-dive!
Posted: Mon Feb 05, 2018 10:51 am
I think you have to see it as a gamble, with quite good odds (relative to say the lottery or horse racing etc).
If you can make 200%+ in less than a year with quite low odds, then I personally think its worth taking a small gamble on.
Coinify is the one easier and best place to buy Bitcoin with a debit or credit card, in case anyone wants to take a punt!
www.coinify.com
If you do you will need a Bitcoin (etc) wallet, one of the easiest, and best (as it can hold multiple cryptos, and has inbuilt exchanging) is Exodus
www.exodus.io
If you can make 200%+ in less than a year with quite low odds, then I personally think its worth taking a small gamble on.
Coinify is the one easier and best place to buy Bitcoin with a debit or credit card, in case anyone wants to take a punt!
www.coinify.com
If you do you will need a Bitcoin (etc) wallet, one of the easiest, and best (as it can hold multiple cryptos, and has inbuilt exchanging) is Exodus
www.exodus.io
Re: Crypto takes a nose-dive!
Posted: Mon Feb 05, 2018 5:32 pm
Hi
Should a bank stop you from spending on a credit card if you're within limits and compos mentis? Lloyds says yes (or no you can't).
http://www.bbc.co.uk/news/business-42940728
Mike
Should a bank stop you from spending on a credit card if you're within limits and compos mentis? Lloyds says yes (or no you can't).
http://www.bbc.co.uk/news/business-42940728
Mike
Re: Crypto takes a nose-dive!
Posted: Mon Feb 05, 2018 5:39 pm
Yeah I just read about this; I guess you will have to use a debit card instead!
Its strange that the banks will let you use your credit card to excessively gamble at a bookies or casino, or buy excessive amounts of alcohol, but not to buy Bitcoin and other crypto.
Its strange that the banks will let you use your credit card to excessively gamble at a bookies or casino, or buy excessive amounts of alcohol, but not to buy Bitcoin and other crypto.