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  • Crypto Currency - Believers Only

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?

                                  Can’t say - doesn’t want to talk about it and I’m not going to push. It’s a lot whatever it is

                                    Old-Dutch Can’t say - doesn’t want to talk about it and I’m not going to push. It’s a lot whatever it is

                                    I guess the argument that it wasn’t real anyway isn’t going to soften the blow.?