OV9

It probably has bottomed.....

$1.2 trillion off Bitcoin's market cap in a little over 2 months. Keep buying that dip lads

Oh well

Is it time to start buying again ?
Considering buying a mix of ecoin, to support these currencies rather than an investment and would use offline walIets.

NGRhodes wrote: Sun Jun 19, 2022 4:20 pm Is it time to start buying again ?
Considering buying a mix of ecoin, to support these currencies rather than an investment and would use offline walIets.

Yes mate load up. Be unsurprised if you lose a chunk initially.

Broccers wrote: Sun Jun 19, 2022 7:03 pm

NGRhodes wrote: Sun Jun 19, 2022 4:20 pm Is it time to start buying again ?
Considering buying a mix of ecoin, to support these currencies rather than an investment and would use offline walIets.

Yes mate load up. Be unsurprised if you lose a chunk initially.

Sounds like great advice.

Broccers wrote: Sun Jun 19, 2022 7:03 pm

NGRhodes wrote: Sun Jun 19, 2022 4:20 pm Is it time to start buying again ?
Considering buying a mix of ecoin, to support these currencies rather than an investment and would use offline walIets.

Yes mate load up. Be unsurprised if you lose a chunk initially.

How much do you reckon he’ll lose after the initial loss?

I know you lovers of doom don't understand crypto but sit back and watch long term.

Everyone knows what it is, it starts with P and ends with yramid scheme.

Broccers wrote: Sun Jun 19, 2022 7:55 pm I know you lovers of doom don't understand crypto but sit back and watch long term.

Even you are telling him it’s going to fall

Broccers wrote: Sun Jun 19, 2022 7:03 pm

NGRhodes wrote: Sun Jun 19, 2022 4:20 pm Is it time to start buying again ?
Considering buying a mix of ecoin, to support these currencies rather than an investment and would use offline walIets.

Yes mate load up. Be unsurprised if you lose a chunk initially.

Agreed, at or below $20k BTC is worth buying, especially if you DCA, as long as you can leave the funds in for a few years.

If you're not confident enough to predict exactly when it reaches the bottom, you might as well hang on until it's going up. No point in buying somewhere in the middle when everyone is agreeing it's going to carry on falling.

Rich B wrote: Mon Jun 20, 2022 8:46 am If you're not confident enough to predict exactly when it reaches the bottom, you might as well hang on until it's going up. No point in buying somewhere in the middle when everyone is agreeing it's going to carry on falling.

If you applied this to buying shares you never would. Simply buy in tranches at certain levels, some will lose, some will win. Over time you will win, unless you don't do anything then you don't win or lose, just have a sense of glee or sorrow depending when you look

Rich B wrote: Mon Jun 20, 2022 8:46 am If you're not confident enough to predict exactly when it reaches the bottom, you might as well hang on until it's going up. No point in buying somewhere in the middle when everyone is agreeing it's going to carry on falling.

You've not done any investing, have you

Gavster wrote: Mon Jun 20, 2022 9:51 am

Rich B wrote: Mon Jun 20, 2022 8:46 am If you're not confident enough to predict exactly when it reaches the bottom, you might as well hang on until it's going up. No point in buying somewhere in the middle when everyone is agreeing it's going to carry on falling.

You've not done any investing, have you

You're the one trying to get people to buy something that you're already thousands of pounds down on in a desperate attempt to slow its fall!

How much is the money from your car sale worth now?

I can't tell who is playing good cop and who is the bad cop anymore

Rich B wrote: Mon Jun 20, 2022 10:00 am

Gavster wrote: Mon Jun 20, 2022 9:51 am

Rich B wrote: Mon Jun 20, 2022 8:46 am If you're not confident enough to predict exactly when it reaches the bottom, you might as well hang on until it's going up. No point in buying somewhere in the middle when everyone is agreeing it's going to carry on falling.

You've not done any investing, have you

You're the one trying to get people to buy something that you're already thousands of pounds down on in a desperate attempt to slow its fall!

How much is the money from your car sale worth now?

I wasn't getting anyone to buy anything, I was simply trying to wind you up. You've not done any investing, have you? Probably for the best as you wouldn't be able to handle the emotional damage of seeing your portfolio down more than 0.1%

My car money is worth a lot less than it was a few months ago, which is why I've not sold that position. Investing 101. But it's very sweet that you're more concerned about my portfolio than I am thanks for being so caring hun

I didn't realise it was good investing practice to keep buying into shares that are shitting themselves

Gavster wrote: Mon Jun 20, 2022 10:21 am

Rich B wrote: Mon Jun 20, 2022 10:00 am

Gavster wrote: Mon Jun 20, 2022 9:51 am

You've not done any investing, have you

You're the one trying to get people to buy something that you're already thousands of pounds down on in a desperate attempt to slow its fall!

How much is the money from your car sale worth now?

I wasn't getting anyone to buy anything, I was simply trying to wind you up. You've not done any investing, have you? Probably for the best as you wouldn't be able to handle the emotional damage of seeing your portfolio down more than 0.1%

My car money is worth a lot less than it was a few months ago, which is why I've not sold that position. Investing 101. But it's very sweet that you're more concerned about my portfolio than I am thanks for being so caring hun

Theres one thing investing, there's another thing altogether being good at it!

ZedLeg wrote: Mon Jun 20, 2022 10:26 am I didn't realise it was good investing practice to keep buying into shares that are shitting themselves

If people didn’t then no-one would make any money and as soon as a share had a price drop the company involved would fail.

RR Shares are worth just 10% of what they were about 4 years ago and if people were selling whenever a dip carried on the company would have gone bust a long time ago.

There is a skill in it I have no doubt but those making money already know how, those without the skill have to be in it for the long term on the idea that the company is viable a long time into the future.

Dave!