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  • Crypto Currency - Believers Only

Old-Dutch Ok, sounds like you had some poor advice to invest in a meme coin!

    Lol. The Shibu was a complete punt - my main coins were Ada and Matic.

    It all tanked.

    To be fair - if it wasn’t for the issues with Binance I would have left it but wanted to get whatever I could off the platform.

    The fact there is so much negativity around crypto from governments and banks convinces me it is the future and they are shit scared that their days of having everyone over the barrel via traditional banking are coming to an end

      Old-Dutch You sold your ADA and MATIC? Ouch, they are absolutely rock solid investments, as you can probably see, they are already doing very well now the market is picking up

          Hursty Held my ADA all through the rough winter of discontent, best move I made was not moving. Over double now and still climbing before the fireworks come.

            Hursty

            I was only £500 in overall. They are no better now than when I bought them originally.

            The main issue I had was Binance. I’ll get back on the horse again at some point but will do it via a different platform

            • Matt replied to this.

                Old-Dutch I had a bit of a fuck on with Binance also. I did manage to transfer everything I had stored there over to my Exodus wallet in the end. I won’t be using them for any future purchases.

                  Cardano ADA now over £2, I hope you all invested

                  • Amps replied to this.

                    Its bubbling nicely now, Hursty.

                    Hard to say isn’t it, when September 12th comes Cardano will be fully operational so it will be interesting to see what price affect it has.

                    Forecast is to between $10 to $20 this cycle but it’s only a forecast at the end of the day.

                    Binance have provided all the info to be signed off by the FCA according to reports today which is good news.

                    • Amps replied to this.

                      Hursty What is the current purchasing website of choice for all things crypto? Or better still who to avoid? Finger has been off the pulse this last six months really.

                          Amps In terms of buying currency or NFTs?

                          For currency it appears Binance are back in the game after complying will all of the stipulations from the FCA, so for absolute choice I would go there.

                          Other exchanges include Coinbase, KuCoin, crypto.com, there are literally loads of them.

                          If you are a big player and want to buy OTC, I can recommend GlobalBlock.co.uk based in London.

                          • Amps replied to this.

                              Tulip mania.

                              (He says because he’s salty no one bought his ‘I’m rich’ white text on a black background jpg for 100 ETH)

                              Hursty Was it Binance who where stopping people from transfering their coins to their private wallets? My dodgy memory is playing up again.

                                  Amps Not really, from time to time they suspend withdrawal, but all centralised exchanges do at some point.

                                  Binance have the easiest app to use with the most cryptos listed, not saying they are most ethical or are squeaky clean, but hey we are talking money here, name me one bank that hasn’t been done for dodgy dealings

                                  • Amps replied to this.

                                      Hursty Oh the banking sector is cunts-a-go-go, no doubt, but I was just wondering if anywhere had become a proper s-werve in recent weeks when it came to purchases and transfers etc.

                                      Have a small amount on investable cash at the moment and struggling to decide where to put it: crypto / shares / under the bed///…

                                          Amps Apart from Binance having to comply with some findings by the FCA which they have done, nothing else much going wrong. Coinbase are about as reputable as any exchange, but not sure on their fees.

                                          Investing in crypto is always a dilemma, do you believe Bitcoin is No1 and will be always, only ever 21 million so the price will go up regardless as it has done in the last decade, or do you favour the next generation layer 1 chains which do not rely on mining? Layer 1s like Atom, Sol and Cardano are all solid investments to be fair.

                                          As for Layer 2, take you pick, loads of great projects out there destined to be huge