Re: Dogecoin etc
Posted: Wed May 19, 2021 9:59 pm
And that kids is how you get the clap.
Super secret and slightly sticky
My £130 is now worth £101.16
Only bet what you're prepared to lose. That's sound advice. I don't know anyone that's up. The hodl crowd are probably puking every morning on their over leveraged lives.McSwede wrote: Tue Jun 22, 2021 7:32 pmMy £130 is now worth £101.16. Should have cashed out at £150 the other day. A £20 gain looks epic at the minute.
I've no idea what I'm doing FWIW. I just bought a couple of coin types and have enjoyed watching how volatile it is. I'm just going to see what happens.
Crypto is just ridiculous really. I love a bet on the horses and I feel much more confident doing that than bloody crypto. I'm happy to let it play out as it's interesting seeing the ups and downs without having any clue why the fuck it's doing itBroccers wrote: Tue Jun 22, 2021 7:36 pmOnly bet what you're prepared to lose. That's sound advice. I don't know anyone that's up. The hodl crowd are probably puking every morning on their over leveraged lives.McSwede wrote: Tue Jun 22, 2021 7:32 pmMy £130 is now worth £101.16. Should have cashed out at £150 the other day. A £20 gain looks epic at the minute.
I've no idea what I'm doing FWIW. I just bought a couple of coin types and have enjoyed watching how volatile it is. I'm just going to see what happens.
Pot luck.McSwede wrote: Tue Jun 22, 2021 7:56 pmCrypto is just ridiculous really. I love a bet on the horses and I feel much more confident doing that than bloody crypto. I'm happy to let it play out as it's interesting seeing the ups and downs without having any clue why the fuck it's doing itBroccers wrote: Tue Jun 22, 2021 7:36 pmOnly bet what you're prepared to lose. That's sound advice. I don't know anyone that's up. The hodl crowd are probably puking every morning on their over leveraged lives.McSwede wrote: Tue Jun 22, 2021 7:32 pm
My £130 is now worth £101.16. Should have cashed out at £150 the other day. A £20 gain looks epic at the minute.
I've no idea what I'm doing FWIW. I just bought a couple of coin types and have enjoyed watching how volatile it is. I'm just going to see what happens.![]()
Why?! Buy shares, they're cheap currently and have intrinsic value. Lloyds should give you a 4.5% dividend this year and the share price is well under NAV.Pete_ wrote: Wed Jun 23, 2021 9:19 am I bought another£100 of crypto yesterday including my first few Dogecoin![]()
Just for fun. I have about 30% of my monthly income automatically invested in index and mutual funds within a stocks and shares ISA, which is my main form of investment. My total crypto investment is about £300 and if I make £50 then great, if I lose it all then I can say I was part of this crazy dumb phenomenon.Jobbo wrote: Wed Jun 23, 2021 9:24 amWhy?! Buy shares, they're cheap currently and have intrinsic value. Lloyds should give you a 4.5% dividend this year and the share price is well under NAV.Pete_ wrote: Wed Jun 23, 2021 9:19 am I bought another£100 of crypto yesterday including my first few Dogecoin![]()
My portfolio is now up £30 from when I bought yesterday
What do you think of the energy consumption/pollution generated by crypto mining Pete?Pete_ wrote: Wed Jun 23, 2021 9:33 amJust for fun. I have about 30% of my monthly income automatically invested in index and mutual funds within a stocks and shares ISA, which is my main form of investment. My total crypto investment is about £300 and if I make £50 then great, if I lose it all then I can say I was part of this crazy dumb phenomenon.Jobbo wrote: Wed Jun 23, 2021 9:24 amWhy?! Buy shares, they're cheap currently and have intrinsic value. Lloyds should give you a 4.5% dividend this year and the share price is well under NAV.Pete_ wrote: Wed Jun 23, 2021 9:19 am I bought another£100 of crypto yesterday including my first few Dogecoin![]()
I avoid bitcoin now for that reason. The others seem much better in terms of energy use (obviously still 100% wasteful if you believe they offer no utility, but I do think they will provide actual utility in future), but I must confess it's not something I've looked into in great detail.ZedLeg wrote: Wed Jun 23, 2021 10:23 amWhat do you think of the energy consumption/pollution generated by crypto mining Pete?Pete_ wrote: Wed Jun 23, 2021 9:33 amJust for fun. I have about 30% of my monthly income automatically invested in index and mutual funds within a stocks and shares ISA, which is my main form of investment. My total crypto investment is about £300 and if I make £50 then great, if I lose it all then I can say I was part of this crazy dumb phenomenon.Jobbo wrote: Wed Jun 23, 2021 9:24 am
Why?! Buy shares, they're cheap currently and have intrinsic value. Lloyds should give you a 4.5% dividend this year and the share price is well under NAV.
IIRC your degree (work?) had something to do with environmental studies?
It’s a roller coaster, I’ve been up as much as $82,000
Yeah, I guess that's the thing. I'm not convinced that they'll be any use for anything but speculation at this point. I can't see them ever coming back towards being a useful currency alternative anyway.Pete_ wrote: Wed Jun 23, 2021 10:38 amI avoid bitcoin now for that reason. The others seem much better in terms of energy use (obviously still 100% wasteful if you believe they offer no utility, but I do think they will provide actual utility in future), but I must confess it's not something I've looked into in great detail.ZedLeg wrote: Wed Jun 23, 2021 10:23 amWhat do you think of the energy consumption/pollution generated by crypto mining Pete?Pete_ wrote: Wed Jun 23, 2021 9:33 am
Just for fun. I have about 30% of my monthly income automatically invested in index and mutual funds within a stocks and shares ISA, which is my main form of investment. My total crypto investment is about £300 and if I make £50 then great, if I lose it all then I can say I was part of this crazy dumb phenomenon.
IIRC your degree (work?) had something to do with environmental studies?