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  • Crypto Currency - Believers Only

What’s interesting is how all of these trading platforms suspend withdrawals when the shit hits the fan all to “protect you”. Not that the owners / big fish / players will not be able to withdraw of course - just you. Then when the whole thing bottoms out, they’ll buy up again - ready for the next opportunity.

    Mono you can play the markets crypto both fkn ways who cares if things collapse play it on the down side and the way back up again. You don’t sound like you are willing to take a risk on either side so you will remain poor.

      I think we’re all going to remain poor, Funky. The system is designed to keep us this way

        Along_the_Wire Double digit inflation, consumer confidence and a war in Ukraine?

        Yeah, exactly, massive supply shocks causing stagflation basically.

        “We just don’t know the reason it’s happened” - wat?

          Old-Dutch It’s not mate learn 13/48 and watch the indexes, play them down and up can do it with options, cfds or 3x leverage short or long which has less risk. This is the time to be learning not sitting back.

          Don’t listen to mono look at ever crash in history it’s always followed by a huge bull run.

              Funky You don’t sound like you are willing to take a risk on either side so you will remain poor.

              I like how this has become the standard refrain from all crypto fanboys:

              “HAVE FUN STAYING POOR!”

              (like everyone who doesn’t play crypto is poor?)

                  bosstrabs Everyone is poor right now even the middle class are feeling it.

                    Old-Dutch I’ve got mates who have just lost fortunes in crypto. Serious money.

                    Exactly.

                    Many different ways to be accumulating wealth. I won’t get into a cock-waving contest with crypto fanboys but I’m quite comfortable with properties with only a £300 a month mortgage remaining on one of them and plenty of discretionary income.

                    Give me that over the crypto rollercoaster thanks.

                        Old-Dutch I’ve got mates who have just lost fortunes in crypto. Serious money.

                        What we talking Dutch?

                        £50k?

                        Maybe less perhaps?

                        I’d hate to lose that kinda dosh.

                            bosstrabs loads of disposable to spend on trabbs, pastel trackies and brasses. That’s a win in anyone’s book to be fair.

                              He’s definately not spending it on gargle anyway 😆

                                Old-Dutch this is why you don’t store anything on exchanges, you need to store everything on your own custodial wallet

                                  Smallman1

                                  One’s about the £30k mark at the moment. Another won’t tell me - doesn’t want to talk about it, but I’m thinking over £100k

                                      seanc80 He’s definately not spending it on gargle anyway 😆

                                      I fucking am, when prices in the ’Jing are as bad as London nowadays (£6 for Guinness at an expat bar, £9 for a pour of a decent whisky; alternatively £2.30 for an utterly rancid Tsingtao at a local bar)

                                        Old-Dutch One’s about the £30k mark at the moment. Another won’t tell me - doesn’t want to talk about it, but I’m thinking over £100k

                                        Kin hell, poor bastards.

                                        That is serious dosh.

                                          Obviously, I don’t drink Qingdao / Tsingtao on principle since they use Wade-Giles to transliterate their name.