Crypto Currency - Believers Only

benson

Wally That just looks like clickbait conspiracy theory crap.

I understand about 5% of the garbage in this whole thread. But I do understand the concept of a blockchain and I know that I know more than the average Joe. I also know that the only way to get rich from bitcoin is to sell it for dollars / pounds. So some people are gonna be left holding it when the music stops. Don’t be that person.

Wally

benson Clickbait conspiracy theory crap is all part of the fun Benson!

I love the cloak and dagger bat shit tin foil hattery tbh.

Amps

benson Yeah, it’s a punt, as much as many shares are a punt. Long term, as far as I can see, stock market will give you more interest than any bank account. I discovered at one point my HSBC ISA was giving me something like 0.01% interest. I went in and asked about it and they said yes, that was correct, no they couldn’t do anything about it, and yes, I should bank somewhere else 😆

None of the above is financial advice, I know less about finance than I do about sport.

Smallman1

Amps I know less about finance than I do about sport.

It’s impossible to know less about nothing Amps!

Old-Dutch

All of this is giving me a headache. Thank fuck I’ve got United Liverpool later to lose my money on in the good old fashioned sense

RichM

Old-Dutch watching Liverpool lose to Utd is more depressing than all the money I could have made if I bought Bitcoin a few years ago

Old-Dutch

So my Binance account was verified and now it isn’t again for some reason?

##edit Verified again ffs

LT42

Old-Dutch Announced today that Binance are under investigation for money laundering. SELL SELL SELL

Old-Dutch

LT42

Lol. Am I really supposed to believe that a company registered in the Cayman Islands would have anything to do with money laundering?

LT42

Old-Dutch Ha! The owner once went to Springfield to sell them a monorail

Wally

LT42 It sure put Ogdenville on the map.

Old-Dutch

Smallman1

Not sure about that Ed.

What’s up with your roof?

Hursty

Holding large amounts of crypto on exchanges brings convenience to trade but inherent risk.

If you are an investor like me, buy on an exchange then withdraw to a person wallet, software or hardware.

There are different types of wallets, some hold many different cryptos, others just one like Yoroi for ADA.

Why would you use Yoroi? You can stake your ADA to earn 5-6% APR per year to earn passive income, alongside the price action.

By moving crypto to a personal wallet you are taking control of it, and you are fully responsible. Just basic good housekeeping and you will be fine.

If you are dabbling with <£1000, then you could argue is it worth taking it off an exchange? Up to you.

Amps

Old-Dutch Not sure about that Ed.

What’s up with your roof?

Boom!!!!

Smallman1

Old-Dutch Not sure about that Ed.

What’s up with your roof?

Was thinking about it this morning and I have come to the conclusion that there are hairline cracks in it!

Mad_Cyril

benson coin Bros

Change the thread title !

Wally

Good thread about what likely really happened with Musk and bitcoin:

LT42

Hursty Whats this now? I have ADA coins, I made 35 tl today (3 euro) and looking to up my game.

Just trawled through this thread again from the start and roaring laughing at OLB throwing out some proper gems 🤣

Hursty

LT42 Basically when you start investing larger amounts, it’s time to move off exchanges into personal wallets.

Amps

LT42

Hursty I get that part, mate, but I’m still in the dark about “staking” and whats #pluto?

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