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  • Crypto Currency - Believers Only

Too complicated and volatile for me. Will stick to paying down the mortgage and topping up the pension.

Yo, Alistair, can you tell us about your property portfolio again as though nobody else here owns property?

    Smallman1 Take it he can’t hit ‘forgot password’ add his email address and re-set?

    Or just start 5 new accounts like Flarse does on here?

    Sactly.

    This sucker needs to start thinking outside the box.

    I don’t really understand the crypto world overall at the risk of seeming like a total luddite…

    Normal FX markets are tricky enough but i understand that they’re influenced broadly by economic factors (employment, interest rates, inflation and all that).

    Crypto looks like a huge punt to me (and isn’t the recent crypto rally at least in part due to spec money moving about looking for return (and less money involved with sports betting just now for obvious reasons)).

    Any pointers for a basic lesson welcome here!

    Dubman

    Would you ever recover from something like that? £200m quid and you couldn’t get your hands on it because you forgot your password. Surely that would fuck your head up for years.

      -si-
      It could easily drive you insane. I bet he finds it after it’s too late. Massive Reg.

      -si- Would you ever recover from something like that? £200m quid and you couldn’t get your hands on it because you forgot your password. Surely that would fuck your head up for years.

      Suicide-inducing stuff that.

      I knew someone who had a couple of Bitcoins in the MTGOX exchange that got hacked and stolen.

      That’s about $60000 in today’s prices I think.

      £60k I could just about cope with. It would be annoying but would just mean you drive an older car, don’t do stuff to the house, etc.

      £130m I would be a bit grumpy about, I have to say.

      Along_the_Wire

      LOL I shouldn’t laugh but it just made me laugh.

      I made a off-handed “I’d kill myself” joke once and the person I was with said “my brother killed himself that’s not funny”. That date wrapped up rather quickly.

      Honestly, it’s the same kind of speculation you have with stocks, so I don’t know what’s so complicated about it? The recent surge in price is due to traditional banking’s FOMO, so they’ve been shifting money into crypto. The question of crash or surge is a bit more volatile than the market, but you should never invest money ANYWHERE unless you can afford to lose it, so I don’t see the harm in diversifying this way as well.