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  • Crypto Currency - Believers Only

Along_the_Wire Double digit inflation, consumer confidence and a war in Ukraine?

Yeah, exactly, massive supply shocks causing stagflation basically.

“We just don’t know the reason it’s happened” - wat?

    Old-Dutch It’s not mate learn 13/48 and watch the indexes, play them down and up can do it with options, cfds or 3x leverage short or long which has less risk. This is the time to be learning not sitting back.

    Don’t listen to mono look at ever crash in history it’s always followed by a huge bull run.

        Funky You don’t sound like you are willing to take a risk on either side so you will remain poor.

        I like how this has become the standard refrain from all crypto fanboys:

        “HAVE FUN STAYING POOR!”

        (like everyone who doesn’t play crypto is poor?)

            bosstrabs Everyone is poor right now even the middle class are feeling it.

              Old-Dutch I’ve got mates who have just lost fortunes in crypto. Serious money.

              Exactly.

              Many different ways to be accumulating wealth. I won’t get into a cock-waving contest with crypto fanboys but I’m quite comfortable with properties with only a £300 a month mortgage remaining on one of them and plenty of discretionary income.

              Give me that over the crypto rollercoaster thanks.

                  Old-Dutch I’ve got mates who have just lost fortunes in crypto. Serious money.

                  What we talking Dutch?

                  £50k?

                  Maybe less perhaps?

                  I’d hate to lose that kinda dosh.

                      bosstrabs loads of disposable to spend on trabbs, pastel trackies and brasses. That’s a win in anyone’s book to be fair.

                        He’s definately not spending it on gargle anyway 😆

                          Old-Dutch this is why you don’t store anything on exchanges, you need to store everything on your own custodial wallet

                            Smallman1

                            One’s about the £30k mark at the moment. Another won’t tell me - doesn’t want to talk about it, but I’m thinking over £100k

                                seanc80 He’s definately not spending it on gargle anyway 😆

                                I fucking am, when prices in the ’Jing are as bad as London nowadays (£6 for Guinness at an expat bar, £9 for a pour of a decent whisky; alternatively £2.30 for an utterly rancid Tsingtao at a local bar)

                                  Old-Dutch One’s about the £30k mark at the moment. Another won’t tell me - doesn’t want to talk about it, but I’m thinking over £100k

                                  Kin hell, poor bastards.

                                  That is serious dosh.

                                    Obviously, I don’t drink Qingdao / Tsingtao on principle since they use Wade-Giles to transliterate their name.

                                    Funky cfds or 3x leverage short or long which has less risk

                                    This is just wrong. You’re talking about complex instruments that come with a high risk of you losing more then your entire wad quickly due to leverage. Most of the UK based trading platforms even have a big whopping notice up along the lines of “Between 74-89% of retail investor accounts lose money when trading CFDs”. I suspect that’s a legal obligation due to the amount of dickheads bankrupting themselves.

                                    Funky It’s not mate learn 13/48 and watch the indexes

                                    If you could use a specific trading strategy to analyse charts in order to make accurate predictions into the future, then every cunt and his dog would already be doing it. QED.

                                          Old-Dutch but I’m thinking over £100k

                                          Is that original stake? Or lost possible profit?