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  • Crypto Currency - Believers Only

RichM Well, apart from January, May/June was a great time to invest this year during the pullback as this bullrun is expected to last until 2022. Bitcoin and ADA are good investments to be fair as each are rock solid.

    Hursty cheers Hursty, just need to go back in time and invest in May! Will stick some more into both of those for now. Watch it tank for a bit

      I’ve doubled my investment in ADA and excited to see where it goes in the next few months. Some people better informed than I reckon it’ll eventually flip Ethereum. Some scenes if that happens.

        RichM Yeah its tough as loads of idiots were calling for a bear market and impending doom, spreading FUD left right and centre, which allowed the whales to accumulate more from all the weak hands who sold. Its a cruel game but it doesn’t take long to understand the truth in the saying ‘buy the dips’ as long as the project is solid like Cardano, Solana, etc.

        Most people FOMO in when an asset is mooning and therefore lose out when it dips and they panic sell, believing the bullshit on twitter

        LT42 Astute business LT, come September when all the Layer 2 dApps, DEXs and NFT marketplaces go live on Cardano, then we will see giant awaken.

        RichM

        If you can, do it the week I did so you lose 40% of your investment before Binance gets clamped down on left, right and centre making it virtually impossible to get whatever you have left out. It’s a right hoot

          Old-Dutch that is exactly what I am trying to do. It sounds like we have a group of Warren Buffets between us

          Old-Dutch Can you elaborate a bit more Dutch? Which asset are you invested in? Are you still under water?

          You can just move your funds to another exchange if you want to off ramp to fiat

          Lol. I got most of it out in the end. Had it convert it through various other digital currencies before I could. Left as a proud owner of 2.5m Shibu currently worth about 4p

            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.