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Smallman1 is it time to get, is it time to get Funky to coin a classic DMob track

    Along_the_Wire Throwing himself out of the 37th floor of his down town office block, only there are no sky scrapers in Ulster, so he’ll have to make do with Primark.

        Hursty Is it just me, or would you not want to fuck with the El Salvador President?
        https://www.standard.co.uk/news/world/el-salvador-adopts-bitcoin-legal-tender-b939551.html

        Haha, erm…

        With a lot of people in this thread joking about “buy the dip”, it’s worth providing an update about this guy:

        Over the last year or so he’s spent about $100mil of El Salvado’s incredibly limited funds on Bitcoin, and his (the country’s) portfolio is now down 49%.

        He’s being referred to in many places now as “El Bagholder”.

        Someone has even created a tracker for his bitcoin investments:

        https://nayibtracker.com/

        https://www.ft.com/content/0da21b10-bfff-4efc-9c7c-1711bdba34aa

          Lads don’t be drama queen’s, bear markets never last forever. Crypto isn’t really my thing but I’ve been buying every dip on shib n im only 100quid down. Its great to see shib is the leading alt coin right now holding up good.

          As for the stock market can always play 3x short leverage on the down side.

            Funky

            Funky Crypto isn’t really my thing but I’ve been buying every dip on shib n im only 100quid down

            Can you explain your position please? How much have you invested and what prices did you buy in at?

                  mono-stereo I sold shib around the 60s last year, then bought back in around the low 20s been average down ever since I’ve around 45m now, if it dips more ill buy 2m at a time which is around 15 quid right now lol.

                    Bear markets come and go, so do bull markets.

                    Bitcoin is a decentralised immutable ledger for the world which is the biggest threat to the establishment as it prevents them from cooking the books as they see fit.

                    Ask any accountant how groundbreaking this technology is, the world hasn’t moved on since the early forms of accounting created thousands of years BC, this evolution is seriously disrupting how money is used.

                    The whole intrinsic value is a fallacy, all currency used today has no intrinsic value, it is propped up in the belief it does by billions of people, it’s the same with crypto and gold, if enough people believe it has value then it does, the world order is built on myths, see the religion thread.

                    This is the period where the whales become richer, the transfer of wealth cycle continues

                    Ok, so if I’ve understood correctly Hursty, put my life savings on the dip, add a bit of YOLO, hodl and look back in twenty years at how terrified I was at this utter shitshow (mistakenly) whilst on my megayacht surrounded by naked ladies.

                      BlainSA Lol, you could do, but a spread of investments across the board would be more advisable. Having a small investment in solid crypto projects isn’t such a bad idea though, I’m talking <£5000 here.

                        Everyone just needs to calm down and Glenn for a while.