Crypto Currency - Believers Only

nicksneddon

Britcoin lol

bosstrabs

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)

Smallman1

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.

bosstrabs

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

Millsy

Old-Dutch they sound like absolute ledges. No guts, no glory!

bosstrabs

Millsy Pure bants losing £100k on a shitcoin

mono-stereo

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.

Funky

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.

Amps

Old-Dutch but I’m thinking over £100k

Is that original stake? Or lost possible profit?

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

Mad_Cyril

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.?

Mad_Cyril

Old-Dutch
I’ve noticed that, bent as fuck, clear warning 🚨

Old-Dutch

Mad_Cyril

Lol. What he’s put in is definitely real. Put it this way, he said his retirement plans are absolutely fucked and he’s in his early 60s. He does have other assets like gold and silver but I think Bitcoin was what he had lumped into. I hope he hasn’t put his pension into it, but I suspect he may have.

He’s holding on anyway. Hopefully it bounces back again. I’m reverting back to my previous position that Crypto is a pyramid scheme.

Mad_Cyril

Old-Dutch
It’s fucking sad for this that get sucked in.

I prefer simpler times when it was just the odd email from an estranged Nigerian cousin / Prince offering to deposit some loot in ones account.

Amps

Old-Dutch Fingers crossed it comes good for him 🤞

bosstrabs

Just hoping Mad Cyril cashed out his Apes in time.

Hursty

The market always comes back, there isn’t really a story here, $20k per Bitcoin was pretty much inconceivable a short time ago, it pumped to $67k and now retraced and people thinks it’s over lol

The rich keep on getting richer as they sweep up all the panic selling retail punters

Millsy

Hursty exactly. Time in the market beats timing the market and all that jazz

Funky

Hursty 100%.

mono-stereo

Hursty The market always comes back, there isn’t really a story here, $20k per Bitcoin was pretty much inconceivable a short time ago, it pumped to $67k and now retraced and people thinks it’s over lol

I don’t think anyone is suggesting Bear Markets last forever. The question is more where are we in the current cycle, and has the Crypto Emperor finally lost his undercrackers.

Old-Dutch

https://www.ft.com/content/25ac1667-9f50-4f16-b553-448ea4582613

Absolute shit-housery

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