Millsy aye, been thinking the same. Sure it will tank now.
Crypto Currency - Believers Only
mono-stereo yep should do immediately after we get involved mono!
It is mate - just swallow it and hope you become a multi-millionaire.
To be fair I can understand the charges for providing the platform etc. What I am not clear about is what charges, if any, are applied when you want to cash out (lol)
A tip for anyone looking to take profit and stay inside the ecosystem is to cash out for a stablecoin like USDT, USDC, BUSD or whatever. They track the dollar price, so if you think you’ve made a tidy profit and drops are imminent, trade for one of these coins to ride the storm, then jump back in.
Likewise you can trade for GBP or USD from certain cryptos and stablecoins and transfer out to your account.
Same CGT rules apply.
Old-Dutch I think it’s free to buy stuff if you use the faster payments option mate, but you need to be ““verified” for that with ID etc.
I’m not sure if you need to be verified to cash out back to GBP, I suspect you will have to be.
Has anyone tickled Shatner’s Bassoon yet?
Hursty can I give you £670 and we go halves on the £1.7m we make?
I was hoping for a ‘yes’ I can’t lie!
Without getting into actual pounds and pence profit, have any of lads make close to your annual salaries in the last 12 months from this? There are a lot of people talking about making sizeable gains, are any of them significant, or repeated? Are some of you of the belief that this is a genuine chance to make your fortunes?
I am not taking the piss here, by the way, I am genuinely interested. I know more than a fair bit about investment but this is completely new territory for me.
My annual salary is monthly recurring revenue. With a pension that would pay me fpr the rest of my life. I’d say £1.5m would be what I would need to see me through to popping my clogs. And that includes living off the investment income I’d get from £1.5m.
I am not going to get that. At all. From crypto. There may be a few winners, but there will be far far more losers.
Amps Biggest issue here, is that every time you use a new interface or system, you click buy or sell with almost no idea if it will really work, if you will loose your money because you clicked on the wrong option, didn’t click the right box, will you loose your money, owe more than you have in your wallet… and thats before your gamble on the actual coins. All the sites and apps are unfriendly as fuck.
Amps have you considered switching to an iriver?
Amps will be all over this one:
Looks like Elon has seen the light and is looking for a Proof of Stake blockchain like Cardano.
Cardano is the future and my biggest tip, as I’ve mentioned throughout this thread is to invest in their native currency ADA.
This blockchain has been years in the making a 3rd generation blockchain with over 100 scientific research papers on its technology. They have already announced deals in Africa to support government infrastructures, alongside many commercial ventures.
How do I buy $Tel again please Hursty?
I see Elon is moving the market again
Tesla solar farms announced in a week or two.
Cheers! Is that Kucoin reliable? Reviews on IOS reckon it’s a bit dodgy.
Ha, oh yeah, forgot about that:
Hasn’t Elon just been smart in using Bitcoin to benefit Tesla. The companies latest profits were not to do with the cars but the Bitcoin profits made on what they sold. If Bitcoin goes up over next few years then that’s future capital for the company without the need to go searching elsewhere. Saying they were going to accept Bitcoin for buying cars was a way of justifying the mass purchase of Bitcoin.
Elon just seen this as easy money, but on a bigger scale than the JC crypto club investors
Invested yesterday where is Lamborghini?
I’m not convinced Musk has a grand plan, he just seems to like trolling the SEC.
Bloodbath in the crypto and stock market today like - places getting margin called and the fed silently bailing places out apparently.
Some people think Musk timed his announcement to fuck with short hedge funds.
They’ve been preparing for the feds’ liquidity tests all week by flogging off loads of stuff. They get all ready for the test today and then Musk rug pulls at the last moment knocking off a massive wedge of their bitcoin and other crypto value making them fail the tests.
Gotta respect that hustle if true.