mdmix wrote: » What level are we looking to buy at? 25k, 20k or somewhere else?
Scuid Mhór wrote: » I don't mean this in a disrespectful way, but if you don't understand why not truly owning the crypto you are buying is important, you really need to do more crypto research before you consider buying any.
antgal23 wrote: » I had the same approach in Q1 2018, then I lost 90% of my original investment ( sorry, I meant life's savings)
SnowyMay wrote: » You should explain more. I bought my little bit of a Bitcoin on Revolut for €38, and now it's worth €240. Give or take some cents. Fine investment for me, and can transfer it into flat anytime. Probably should have bought more, but it's just an easy bit of craic for a non-serious investor.
BrandonBay86 wrote: » Scary, Bitcoin now sitting at levels not seen in 48 hours.
Bob24 wrote: » I'd be surprised if we go below 20k again, but the answer is that non one knows. Having said that, if someone has an amount they want to allocate, my advice would be to do it gradually rather than having a set entry point.
BrandonBay86 wrote: » It’s like saying you own a load of buildings in D4 when in reality you own a few shares in one of the ISEQ listed REITS.
Bob24 wrote: » Actually it isn’t even like that. The REIT shares can be transferred from one broker to an other and sold to anyone on the open market anytime, so their resell potential is not tight to any single entity. In the case of crypto on Revolut, you are in a walled garden and thus fully dependent on the gardener: if for any reason they have some liquidity issues on their crypto platform or decide to enforced unreasonable fees or T&Cs, there is absolutely nothing you can do about it as you are fully captive (the only entity you can sell your crypto to is Revolut, so tough on you if you don’t like their terms - you have no choice). Now, the risk is somewhat irrelevant for someone who just wants to do short/medium term speculation on the price with small amounts of money. Then fine they can use Revolut. But beyond that people really should upgrade to something better.
Dohnjoe wrote: » Indeed I agree, but that said I don't know anyone who has had an issue with Revolut I do however know many new (and even experienced) investors who have had issues with other platforms and wallets. Between Metamask, swaps, MEW, Ledger, older wallets taking days to sync properly, malware, people sending USDC to a non-bep20 address on CB, forgotten keys and passphrases (from years ago), paper wallets lost in moves, hard-drives corrupted, etc, etc. Sometimes a limited gateway like Revolut is just simpler and easier for the uninitiated. When Paypal (rest of the world) arrives at some point H1 this year, should be even easier.
Dohnjoe wrote: » I am selling a significant chunk in this bull. 99% of crypto is garbage or solutions to problems that don't exist, e.g. my BTC does nothing, doesn't produce anything itself, doesn't do much more than when I got it years back. As mentioned, it's mainly herd psychology, which is why crypto is currently going crazy, pyramid mechanics, and many of us called this bull a long time back.
DonnieCorko wrote: » I couldnt lodge money to crypto.com with my AIB debit card but I did so on Binance. However, the limit is 240 euro and the verify your address option is greyed out (to increase deposit limit). Anyone face something similar before. It says I need to add the card to "cash currency recharge channel" but my card is already added as a payment method. Binance support is swamped and waiting an hour already with little movement in the queue
cnocbui wrote: » What do gold ingots do, apart from hedge against the devaluation of your wealth due to incessant and near limitless fiat money printing? What does cash in the bank do, apart from lose value? Personally my bitcoin are up over a thousand percent in value, so I quite like them and think they have been busy enough by my standards, and have provided infinitely more interest and amusement than any bunch of ones and zeroes stored on some banks hard drive.
grindle wrote: » I lost 90% of the notional value of my savings too (I'm fine with being flippant regards my own money), just lucky I was in earlier I guess, cos I was still up 10x when ETH was at it's lowest. I hope you took advantage of the bear.
Thargor wrote: » My head is wrecked, cant decide what to do at all, I have another 7 weeks before Im made permanent in my new job and can start house hunting properly, I think Ill just wait until then and see. Also considering selling half my stack if it touches the ATH or gets within ~$150 of it.
stockshares wrote: » Lads does anyone know if you can setup regular deposits to any of the exchanges?
downcow wrote: » Anyone know how i can buy some of the very volatile altcoins? There is no option to buy them on Bitpanda which i am using. I just fancied dabbling with a small amount on them. the ones that rise and fall 100s% per day
antgal23 wrote: » Dunno Grindle, What I do know is a daily close below 28 K will mean short term sentiment has changed I mean who wants to watch their hard fought gains go down the toilet?
