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Re: Bitcoin
Posted: Thu Aug 13 2020 11:40am
by planteria
AAAlphaThunder wrote: ↑Thu Aug 13 2020 7:48am
"a dependable store of value and an attractive investment asset with more long-term appreciation potential than holding cash."
no doubt re the latter point.
corporate/institutional volume investors are likely to improve the dependability too.
i'm happy to guide a couple of members here into what i'm doing, with some free crypto and winding up with some Bitcoin generating interest.
Re: Bitcoin
Posted: Thu Aug 13 2020 8:22pm
by leeds
planteria wrote: ↑Thu Aug 13 2020 11:40am
AAAlphaThunder wrote: ↑Thu Aug 13 2020 7:48am
"a dependable store of value and an attractive investment asset with more long-term appreciation potential than holding cash."
no doubt re the latter point.
corporate/institutional volume investors are likely to improve the dependability too.
i'm happy to guide a couple of members here into what i'm doing, with some free crypto and winding up with some Bitcoin generating interest.
love to get started in this but no idea were to start and what it involves?
Re: Bitcoin
Posted: Fri Aug 14 2020 7:20am
by BeautifulSunshine
leeds wrote: ↑Thu Aug 13 2020 8:22pm
planteria wrote: ↑Thu Aug 13 2020 11:40am
AAAlphaThunder wrote: ↑Thu Aug 13 2020 7:48am
"a dependable store of value and an attractive investment asset with more long-term appreciation potential than holding cash."
no doubt re the latter point.
corporate/institutional volume investors are likely to improve the dependability too.
i'm happy to guide a couple of members here into what i'm doing, with some free crypto and winding up with some Bitcoin generating interest.
love to get started in this but no idea were to start and what it involves?
Firstly, Bitcoin is high-risk. Only "invest" money that you are comfortable to lose all of it.
As with most things in life there are a number of ways to do the exact same thing.
Have a read of this guide and see what suits you best:
8 Best Ways to Buy Bitcoin in the UK (2020)
https://quickpenguin.net/how-to-buy-bitcoin-uk/
Re: Bitcoin
Posted: Fri Aug 14 2020 7:24am
by pabenny
AAAlphaThunder wrote: ↑Fri Aug 14 2020 7:20am
Firstly, Bitcoin is high-risk. Only "invest" money that you are comfortable to lose all of it.
Very good point.
Re: Bitcoin
Posted: Fri Aug 14 2020 8:17am
by planteria
it's an asset that has been volatile, denominated in dollars/pounds.
but, there's a logic that those, and other, fiat currencies are going to continue to reduce in value due to inflation, whilst bitcoin strengthens.
quantitative easing/quantitative hardening.
Re: Bitcoin
Posted: Fri Aug 14 2020 10:57am
by pabenny
From the introductory paragraph on Wikipedia about Bitcoin:
Bitcoin has been praised and criticized. Critics noted its use in illegal transactions, the large amount of electricity used by miners, price volatility, and thefts from exchanges. Some economists, including several Nobel laureates, have characterized it as a speculative bubble. Bitcoin has also been used as an investment, although several regulatory agencies have issued investor alerts about bitcoin.
Re: Bitcoin
Posted: Sat Aug 15 2020 3:36pm
by planteria
I’ll take all of that, along with the 70%ytd return.
Re: Bitcoin
Posted: Sun Sep 27 2020 10:26am
by planteria
anyone here that wants me to guide them into bitcoin by investing £100, i have some tips to get some freebies and finish up with more than double your investment invested generating 6% interest.. let me know.
Re: Bitcoin
Posted: Sun Oct 18 2020 6:04pm
by planteria
Re: Bitcoin
Posted: Sat Nov 21 2020 7:38pm
by planteria
Bitcoin up over £14,000 now..
29% of my direct portfolio.
anyone else on board?