Bitcoin

Money, investing, mutuals etc
planteria
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Re: Bitcoin

Post by planteria » Thu Aug 13, 2020 11:40 am

AAAlphaThunder wrote:
Thu Aug 13, 2020 7:48 am
"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.

leeds
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Re: Bitcoin

Post by leeds » Thu Aug 13, 2020 8:22 pm

planteria wrote:
Thu Aug 13, 2020 11:40 am
AAAlphaThunder wrote:
Thu Aug 13, 2020 7:48 am
"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?
Thanked by: planteria

AAAlphaThunder
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Re: Bitcoin

Post by AAAlphaThunder » Fri Aug 14, 2020 7:20 am

leeds wrote:
Thu Aug 13, 2020 8:22 pm
planteria wrote:
Thu Aug 13, 2020 11:40 am
AAAlphaThunder wrote:
Thu Aug 13, 2020 7:48 am
"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/
[Secretary] imutual Cashback Investment Club

pabenny
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Re: Bitcoin

Post by pabenny » Fri Aug 14, 2020 7:24 am

AAAlphaThunder wrote:
Fri Aug 14, 2020 7:20 am
Firstly, Bitcoin is high-risk. Only "invest" money that you are comfortable to lose all of it.
Very good point.

planteria
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Re: Bitcoin

Post by planteria » Fri Aug 14, 2020 8:17 am

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.

pabenny
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Re: Bitcoin

Post by pabenny » Fri Aug 14, 2020 10:57 am

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.

planteria
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Re: Bitcoin

Post by planteria » Sat Aug 15, 2020 3:36 pm

I’ll take all of that, along with the 70%ytd return.

planteria
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Re: Bitcoin

Post by planteria » Sun Sep 27, 2020 10:26 am

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.
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