Crypto Currency (O/T & an apology)

Discussion in 'Bulletin Board' started by RedVesp, Oct 7, 2021.

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  1. nezbfc

    nezbfc Well-Known Member

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    I'm in on Luna

    Couldn't believe what I was seeing last couple of days.

    But at 10p a pop now from hundred or so quid I'm prepared to lose on that price if it completely goes.

    Even if it goes back up to a quid or so it's a bloody good risk bet/profit
     
    nezbfc, May 12, 2022
    #41
  2. nezbfc

    nezbfc Well-Known Member

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    Also saw loads complaining that during tha free fall, nobody could close their positions and litterally watching thousands disappearing in front of their eyes.

    That was a shitty move by etorro tbh
     
    nezbfc, May 12, 2022
    #42
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  3. dreamboy3000

    dreamboy3000 Well-Known Member

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    Awful news. Etoro earlier stopped people buying it but you can get more now. I have just under a thousand of them for under 50 dollars. I am hoping for a miracle that it gets back over 100 so I can cash out as a millionaire.
     
    dreamboy3000, May 12, 2022
    #43
  4. roy

    royston tyke Well-Known Member

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    Crashed to under 4cents.

    Gonna grab myself some on Kucoin
     
    royston tyke, May 12, 2022
    #44
  5. man

    mansfield_red Well-Known Member

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    I'm guessing maths wasn't your strongest subject at school...
     
    mansfield_red, May 12, 2022
    #45
  6. roy

    royston tyke Well-Known Member

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    Just bought 1200 Luna for £30.

    This was trading at over $100 per coin a few days ago.

    Prepared to lose £30 but what a chance to get in if it goes back to anywhere it once was.
     
    royston tyke, May 12, 2022
    #46
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  7. wak

    wakeyred Well-Known Member

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    wakeyred, May 12, 2022
    #47
  8. exiled

    exiled Well-Known Member

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    I'm no expert, but for those who by their own admission don't know what they're doing, don't expect any of these tokens to jump back to what they were a month ago in the next month. Ok, you might 2 or 3x a small investment this year if you drop lucky, you're looking at 18-30 months before the next bull run and possible big returns, its long-term, you'll more likely lose what you've put in. Imo.
     
    exiled, May 12, 2022
    #48
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  9. exiled

    exiled Well-Known Member

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    Good job we've had some good news, cos no one's buying BFC on Luna proceeds, a tenth of what it was this morning.
    Welcome to Crypto......
    Not sure Luna is gonna survive, also not sure what kinda Muppet is selling at these levels, if you had something worth £1000 and suddenly it was worth less than 50p why would you bother?
     
    exiled, May 12, 2022
    #49
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  10. man

    mansfield_red Well-Known Member

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    Because 50p is infinitely more money than 0p
     
    mansfield_red, May 12, 2022
    #50
  11. exiled

    exiled Well-Known Member

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    It really isn't tho. If you've enough to be dabbling in crypto which is based on hopes n dreams, why cash out at a thousandth of your investment, u just hold and hope and dream a bit longer. Madness.
     
    exiled, May 12, 2022
    #51
  12. man

    mansfield_red Well-Known Member

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    50p really is infinitely more money that 0p.

    Personally I'd say the madness would be investing in something that is crashing and burning before everyone's eyes.
     
    mansfield_red, May 12, 2022
    #52
  13. StatisTYKE

    StatisTYKE Well-Known Member

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    Seems to me like gambling rather than an investment. There’s an element of risk in investment I know, but at the moment it’s a bit like everyone gathering round the roulette table while the Casino itself is on fire. The croupiers disappeared, people who’ve crashed and burned are screaming but hey… you never know… the roof might not cave in on you. Hang onto that dream .
     
    StatisTYKE, May 12, 2022
    #53
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  14. man

    mansfield_red Well-Known Member

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    What a shock, it's now worth basically nothing. Like buying a timeshare for a Titanic cabin not only after it had hit the iceberg, but also snapped in two.
     
    mansfield_red, May 13, 2022
    #54
  15. Redhelen

    Redhelen Well-Known Member

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    Apparently that bloke that was set to buy Derby County made his money in crypto currency but then couldn't transfer the money as oregerred bidder.
     
    Redhelen, Jun 18, 2022
    #55
  16. pompey_red

    pompey_red Well-Known Member

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    Where’s the bottom?? There’s no doubt some short term up and downs (maybe more down than up?)
    coming but longer term profit ahead based in historic prices
     

    Attached Files:

    pompey_red, Jun 18, 2022
    #56
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  17. orsenkaht

    orsenkaht Well-Known Member

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    Historic prices mean nothing. Nothing underpins crypto. If you buy and get out for a profit you have simply been lucky.
     
    orsenkaht, Jun 18, 2022
    #57
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  18. Loko the Tyke

    Loko the Tyke Administrator Staff Member Admin

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    Depends who and what you read. It’s now just dropped below 2020 levels, but each time the bounce back is significantly more than the bounce previous.

    My knowledge is miles away from being good enough to discuss it in detail, but there’s others that explain it well. This crash might have finished off the ‘meme’ coin era (or **** coin as they’re often called). Still positive about the likes of BTC, ADA and ETH.
     
    Loko the Tyke, Jun 18, 2022
    #58
  19. dreamboy3000

    dreamboy3000 Well-Known Member

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    Shiba has been "going to the moon" in the past 24 hours, up around a quarter in price.
     
    dreamboy3000, Aug 14, 2022
    #59
  20. Loko the Tyke

    Loko the Tyke Administrator Staff Member Admin

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    Only back to where it was almost exactly a month ago. And an absolute moon away from mid February.
     
    Loko the Tyke, Aug 14, 2022
    #60
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