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  • Crypto Currency - Believers Only

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.?

                                      mono-stereo every cunt is using 13/48 in yank land and stealing from the market marker its the cheat to the market do some research.

                                      You obviously don’t trade options or cfds untill you learn good TA but 3x leverage at least let’s you average down, I did say start learning the markets don’t just sit back. You have to be fully invested can’t trade half assed or you will lose. Personally I’d love to leave my job to do it full time 13/48 has made me a killing you get the alerts on trey’s trades discord for free. You need to learn it to know when to get the fuck out of a stock or crypto in profit at least.