FabSwingers.com > Forums > The Lounge > Helium crypto currency
Helium crypto currency
Jump to: Newest in thread
 |
By *litterbabe OP Woman
over a year ago
hiding from cock pics. |
Does anybody know anything about this kind of stuff? A close family member has been chatting to me about it it and it certainly looks very interesting.
Likely to have a 500% increase within 5-years, (if I believe what I've been told).
It certainly seems something worth looking into and I wondered if anybody was knowledgeable?
Please answer in the thread so everybody can benefit from any knowledge shared |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
There’s a few cryptos with that sort of projection. Doubling your money year on year isn’t unthinkable. I doubled mine in 6 days only for it to drop to 10% above initial investment by the time I got up the next day.
Cryptos are extremely volatile. Potential for big gains or big losses. Think of investing in them as betting. |
Reply privately, Reply in forum +quote
or View forums list | |
|
By *o_eye_deerMan
over a year ago
The South Near That London |
Who’s projecting the 500% increase? I’m guessing the hype is coming from early investors or the team behind the currency, commonly known as ‘ramping’ where the price is literally talked up, then the rampers will then dump their holdings causing a drop in price.
Treat it as a trip to a casino and only buy what your happy to lose. |
Reply privately, Reply in forum +quote
or View forums list | |
|
By *litterbabe OP Woman
over a year ago
hiding from cock pics. |
"Who’s projecting the 500% increase? I’m guessing the hype is coming from early investors or the team behind the currency, commonly known as ‘ramping’ where the price is literally talked up, then the rampers will then dump their holdings causing a drop in price.
Treat it as a trip to a casino and only buy what your happy to lose."
I think it is from the team behind the currency, so yes, should be taken with a pinch of salt I imagine.
Still it's made some interesting researching and you never know. |
Reply privately, Reply in forum +quote
or View forums list | |
|
By *litterbabe OP Woman
over a year ago
hiding from cock pics. |
"Happy to have a chat if we see you at OP4F when it opens  you’ll know me from my couples account "
Definitely, I didn't realise you were knowledgeable about crypto.
I find it really interesting.
(And obviously a gamble) |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
"Does anybody know anything about this kind of stuff? A close family member has been chatting to me about it it and it certainly looks very interesting.
Likely to have a 500% increase within 5-years, (if I believe what I've been told).
It certainly seems something worth looking into and I wondered if anybody was knowledgeable?
Please answer in the thread so everybody can benefit from any knowledge shared"
I put a comment on this thread recently..only invest what you can afford to lose though but I seriously do think it will go up and up and up over the next few years
https://m.fabswingers.com/forum/swingers/1133705 |
Reply privately, Reply in forum +quote
or View forums list | |
|
By *o_eye_deerMan
over a year ago
The South Near That London |
"Happy to have a chat if we see you at OP4F when it opens you’ll know me from my couples account
Definitely, I didn't realise you were knowledgeable about crypto.
I find it really interesting.
(And obviously a gamble)"
I’ve had a dabble since the early BTC days, but always look on it the same way I would putting money on a horse or a weekend football acca , just a bit of fun which can sometimes payout. |
Reply privately, Reply in forum +quote
or View forums list | |
"Does anybody know anything about this kind of stuff? A close family member has been chatting to me about it it and it certainly looks very interesting.
Likely to have a 500% increase within 5-years, (if I believe what I've been told).
It certainly seems something worth looking into and I wondered if anybody was knowledgeable?
Please answer in the thread so everybody can benefit from any knowledge shared"
Oooh another thing that we have in common. I've been into crypto for about fours years. I'd be more than happy to share some insights with you x |
Reply privately, Reply in forum +quote
or View forums list | |
"There’s currently a huge bubble formed around the crypto stuff, Bitcoin especially and no one seems to care.
It’s gonna pop and everyone’s gonna lose a lot of money "
The technology isn't going anywhere. As for it being a bubble it has a natural cycle. The trick is learning to remove emotion when deciding when to buy and when to sell. |
Reply privately, Reply in forum +quote
or View forums list | |
|
By *CandBCouple
over a year ago
Taunton |
Once you get to the stage of these sorts of things being talked about on non-specialist general interest forums with little idea of the fundamentals, you’re likely in a bubble.
Anyone setting up a new crypto will be promising 500% or greater value increases to attract investors. Most won’t ever achieve this.
It might work out. But so might putting your money on a horse or buying lottery tickets. And the odds are similarly stacked against you.
|
Reply privately, Reply in forum +quote
or View forums list | |
"There’s currently a huge bubble formed around the crypto stuff, Bitcoin especially and no one seems to care.
It’s gonna pop and everyone’s gonna lose a lot of money
The technology isn't going anywhere. As for it being a bubble it has a natural cycle. The trick is learning to remove emotion when deciding when to buy and when to sell. "
It’s a currency that’s not being used as a currency. No big corporations use it, no countries accept it, and 90% of bitcoins are bought as an investment hoping they value sill go up.
It’s a big bubble based on the hope it will go up. Nothing backs it.
A few will get rich and the rest will lose everything |
Reply privately, Reply in forum +quote
or View forums list | |
Also don’t forget that mining these cryptos is very harmful for the environment and it doesn’t even back anything.
Expect big countries to put a stop to these in the future to help tackle climate change.
It’s Judy not gonna work, the only people pushing cryptos are the people sitting on them hoping the value goes up.
It’s gonna burst big time |
Reply privately, Reply in forum +quote
or View forums list | |
"There’s currently a huge bubble formed around the crypto stuff, Bitcoin especially and no one seems to care.
It’s gonna pop and everyone’s gonna lose a lot of money
The technology isn't going anywhere. As for it being a bubble it has a natural cycle. The trick is learning to remove emotion when deciding when to buy and when to sell.
It’s a currency that’s not being used as a currency. No big corporations use it, no countries accept it, and 90% of bitcoins are bought as an investment hoping they value sill go up.
It’s a big bubble based on the hope it will go up. Nothing backs it.
A few will get rich and the rest will lose everything "
That's not quite true corporations are now chomping at the bit to get their hands on the limited supply while most ordinary people remain sceptical because of what happened in 2017-2018. One thing I do agree with you on though the time to be fearful is when everyone is being greedy. |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
"Once you get to the stage of these sorts of things being talked about on non-specialist general interest forums with little idea of the fundamentals, you’re likely in a bubble.
Anyone setting up a new crypto will be promising 500% or greater value increases to attract investors. Most won’t ever achieve this.
It might work out. But so might putting your money on a horse or buying lottery tickets. And the odds are similarly stacked against you.
"
Bitcoin in 2010 less than 50p and now over 50k that’s even more than 500%..... |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
If you have few spare changes then buy some and sell it when you think you made a good profit.
Crypto currency can be used to buy goods, Microsoft accept Bitcoin payment as Starbucks too...
I don’t know much about helium other than it’s been around few years. Look at Etherum or litecoin for a better short investment.
I do think it will be a global currency for the future generations.... |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
Personally i wouldn't invest in Helium, but there are some great crypto projects out there that have a chance of massive growth over the next 5 years. Its a volatile market, but with the right research there's some amazing investment opportunities in it. Just beware of the 'influencer' coins/tokens, as groups tend to pile intp 1 coin and push it through their media platforms and then cash out leaving everyone else behind. |
Reply privately, Reply in forum +quote
or View forums list | |
|
By *litterbabe OP Woman
over a year ago
hiding from cock pics. |
I'd love to give it a try but I feel like I know absolutely nothing and don't know where to start.
I would love to chuck £100 in somewhere, forget about it and hope it grew even 1/10 of the bitcoin growth.
Everybody would I guess! |
Reply privately, Reply in forum +quote
or View forums list | |
Been trading in Crypto for over 3 years, different coins do different tasks within financial markets.
The Helium mining is a reward based option. Helium is in the process of building public WiFi networks. The idea is for you to have a router at your house which has a greater reach than household routers, enough in an area creates the network. In return for hosting these routers you get crypto rewards, not sure which coin.
Its a relatively new concept, but does offer good rewards. Few snags, one you need to be in the area of other routers to join up the network, another you need to be in line of site from the arial to the next router for strength of signal, better strength equals greater rewards.
If you go on to the Web site you can zoom into your area and see what options you have.
Not done it myself, city areas are better as there are more routers to hook up with. |
Reply privately, Reply in forum +quote
or View forums list | |
|
By *CandBCouple
over a year ago
Taunton |
"Once you get to the stage of these sorts of things being talked about on non-specialist general interest forums with little idea of the fundamentals, you’re likely in a bubble.
Anyone setting up a new crypto will be promising 500% or greater value increases to attract investors. Most won’t ever achieve this.
It might work out. But so might putting your money on a horse or buying lottery tickets. And the odds are similarly stacked against you.
Bitcoin in 2010 less than 50p and now over 50k that’s even more than 500%..... "
Yes. And you can buy a £2.50 lottery ticket and win £100m, does that mean lottery tickets are better investments?
|
Reply privately, Reply in forum +quote
or View forums list | |
|
By *CandBCouple
over a year ago
Taunton |
If you’re interested in blockchain, it might be worth looking into the non-currency projects. These include things like tracking of food and environmental investment. The fact that blockchain has a full transaction history has the potential to make provenance tracing significantly better.
|
Reply privately, Reply in forum +quote
or View forums list | |
|
By *rHotNottsMan
over a year ago
Dubai & Nottingham |
It’s perfectly possible to make 500% I mean BTC has made 468% over the last year and ETH 1475%. But they go up and down like stock abs much more volatile plus there’s platform abs regulatory risks |
Reply privately, Reply in forum +quote
or View forums list | |
|
By *rHotNottsMan
over a year ago
Dubai & Nottingham |
"If you’re interested in blockchain, it might be worth looking into the non-currency projects. These include things like tracking of food and environmental investment. The fact that blockchain has a full transaction history has the potential to make provenance tracing significantly better.
"
I doublt many people interested in crypto investing understand or care much about blockchain, but you are right. I’m part of a group looking into land transactions in Africa using blockchain ledgers |
Reply privately, Reply in forum +quote
or View forums list | |
"Does anybody know anything about this kind of stuff? A close family member has been chatting to me about it it and it certainly looks very interesting.
Likely to have a 500% increase within 5-years, (if I believe what I've been told).
It certainly seems something worth looking into and I wondered if anybody was knowledgeable?
Please answer in the thread so everybody can benefit from any knowledge shared"
XRP is worth looking at. I bought at 12p and it’s bouncing around 1.20 at the moment. I might add that it’s in a court case with SEC America’s security exchange commission but should come out on top. |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
Theres alot of crypto's flooding the market atm. You have to be in and out quick, non are going to be a long term hit like BTC. I bought btc in the early days and did well out of it. Ive played with dogecoin bought at 0.07 sold 3 days later at 0.417 its a risk but if your prepared to loose it then get it a whirl... im betting it will be at $1 buy november. If you want a safe as houses investment stick some in cineworld shares now. I put 3000 in cineworld at .26, sold at 1.24, bought this morning again at .91, im going to sit on them a while now im predicting a heavy rise after the 17th  |
Reply privately, Reply in forum +quote
or View forums list | |
Coinbase is probably the most recognised, easy to use in the app. Uphold is a bit different, as well as crypto you can trade in shares, currency and other bits. Again I find it easy to navigate around the app. Just got onto Kucoin, this is more complicated but offers more crypto to trade in.
Found each site good on security. It's all a game of patience and vigilance. U tube is the worst place to get information but there are a couple of channels that give technical advice.
PM if you want any more info.
Good luck!! |
Reply privately, Reply in forum +quote
or View forums list | |
"And what would you recommend as a platform to buy these through, I know a little bit about Etoro but I haven't used it.
Is that a good place to start?"
Coinbase (can’t buy XRP at the moment but may change soon) otherwise Uphold. |
Reply privately, Reply in forum +quote
or View forums list | |
I think the vast majority of people get into it thinking only of the money. Some are quickly disolusioned when either
a) they get their fingers burned or
b) they realise its not easy money. Those that stay tend to do so when they start doing research and begin to understand the massive potential of crypto/bloackchain and conclude that wide spread adoption is enevitable. |
Reply privately, Reply in forum +quote
or View forums list | |
Some of these crypto will come out in the wash as legitimate investments and currencies.
Some of them at the moment are more akin to tulip mania. Dogecoin would be an example with volatile swings this week of around 30%
Seeing people on trading platforms that have no experience investing their entire paychecks or savings.
Some people will get very rich, others will lose their hats on these so it's a case of buyer beware, set realistic stop losses and consider your capacity for loss.
Not financial advice btw |
Reply privately, Reply in forum +quote
or View forums list | |
I don’t think crypto currency’s will disappear overnight and I believe it’s here to stay. I have quite a few investments in the stock market so I’m currently only 30% (of my whole portfolio) into five different different crypto. My gains especially this week with XRP are 137% but Bitcoin only 7.5% ....unfortunately I have a lot of my money in Bitcoin not XRP.
I think 70-30 split between shares and crypto is a good risk area. Open a Trading212 account and a eToro or coinbase account for your crypto.
I agree with a comment above businesses that have suffered recently due to the Pandemic like the Cinema chains shares should rise back to where they were prior to March 2020. So a quick profit could be made in May or June when they reopen again. Also airline stocks are worth looking at as well.
A good YouTube channel is a lovely Scottish lady called MamaFurFur, she’s done a video on crypto and isn’t offering or trying to sell something. Her other videos are great for beginner investing as well.
Good luck with it |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
"I'd love to give it a try but I feel like I know absolutely nothing and don't know where to start.
I would love to chuck £100 in somewhere, forget about it and hope it grew even 1/10 of the bitcoin growth.
Everybody would I guess!"
Loads of cryptocurrency still available for well under £100..I’d suggest creating an account with Coinbase and buy through them |
Reply privately, Reply in forum +quote
or View forums list | |
|
By *litterbabe OP Woman
over a year ago
hiding from cock pics. |
"I don’t think crypto currency’s will disappear overnight and I believe it’s here to stay. I have quite a few investments in the stock market so I’m currently only 30% (of my whole portfolio) into five different different crypto. My gains especially this week with XRP are 137% but Bitcoin only 7.5% ....unfortunately I have a lot of my money in Bitcoin not XRP.
I think 70-30 split between shares and crypto is a good risk area. Open a Trading212 account and a eToro or coinbase account for your crypto.
I agree with a comment above businesses that have suffered recently due to the Pandemic like the Cinema chains shares should rise back to where they were prior to March 2020. So a quick profit could be made in May or June when they reopen again. Also airline stocks are worth looking at as well.
A good YouTube channel is a lovely Scottish lady called MamaFurFur, she’s done a video on crypto and isn’t offering or trying to sell something. Her other videos are great for beginner investing as well.
Good luck with it "
Thank you very much |
Reply privately, Reply in forum +quote
or View forums list | |
I think the sure money is in mining crypto currency. In China there are specific physical tech sites with huge servers where the currency is generated.
That's why I won't invest in any because it is feeding the communist China economy.
The real investment would be in a company in the west that generates the currency, still not 100% but less risky.
In other words invest in the source not the product.
|
Reply privately, Reply in forum +quote
or View forums list | |
"I think the vast majority of people get into it thinking only of the money. Some are quickly disolusioned when either
a) they get their fingers burned or
b) they realise its not easy money. Those that stay tend to do so when they start doing research and begin to understand the massive potential of crypto/bloackchain and conclude that wide spread adoption is enevitable."
Yep, it’s a paradigm shift that ain’t going away |
Reply privately, Reply in forum +quote
or View forums list | |
|
By *CandBCouple
over a year ago
Taunton |
PIr you are dead set on jumping on a band wagon, Coinbase are incredibly highly fees.
Coin pass are a uk based equivalent which makes it much easier/ cheaper to trade into gbp rather than $. |
Reply privately, Reply in forum +quote
or View forums list | |
Don’t be surprised when big western countries that are working against climate change ban the use of cryptos and put sanctions/fees on companies using them soon.
When that happens the value will plummet over night and a lot of people will go broke |
Reply privately, Reply in forum +quote
or View forums list | |
|
By *ess37Woman
over a year ago
Nantwich |
Apart from what others have mentioned I would also suggest to download Coin Market Cap and Trading view to gain more insight and read the news... also with cryptos it’s important not to be too greedy, if you invest always take some gains out on the way, it always makes sense to have two portfolios - a long term one and a short term, someone else on here has given you some good examples for long term investments ... Binance is also a great app to buy cryptos - for new projects that are not on exchanges just yet and in early stages - PancakeSwap. Good luck ... you can make money but you have to do your homework and be constantly informed ... |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
"Does anybody know anything about this kind of stuff? A close family member has been chatting to me about it it and it certainly looks very interesting.
Likely to have a 500% increase within 5-years, (if I believe what I've been told).
It certainly seems something worth looking into and I wondered if anybody was knowledgeable?
Please answer in the thread so everybody can benefit from any knowledge shared"
I haven’t looked into Helium before however I do look into a lot of cryptocurrencies and there seems to be a running trend where the prices are spiking quite a lot, timed right between dips and rises you could potentially make a lot of money |
Reply privately, Reply in forum +quote
or View forums list | |
"I don’t think crypto currency’s will disappear overnight and I believe it’s here to stay. I have quite a few investments in the stock market so I’m currently only 30% (of my whole portfolio) into five different different crypto. My gains especially this week with XRP are 137% but Bitcoin only 7.5% ....unfortunately I have a lot of my money in Bitcoin not XRP.
I think 70-30 split between shares and crypto is a good risk area. Open a Trading212 account and a eToro or coinbase account for your crypto.
I agree with a comment above businesses that have suffered recently due to the Pandemic like the Cinema chains shares should rise back to where they were prior to March 2020. So a quick profit could be made in May or June when they reopen again. Also airline stocks are worth looking at as well.
A good YouTube channel is a lovely Scottish lady called MamaFurFur, she’s done a video on crypto and isn’t offering or trying to sell something. Her other videos are great for beginner investing as well.
Good luck with it "
70/30 stock/crypto split gets my support as well. Cryptos are great for making a fast buck. I think there's a good deal more confidence in them these days as they have a strong tendency to bounce back after a drop.
Buy the dip
Take the profit
Re-invest in dividend stocks
Works for me 
caveat: I am not an expert so take this with pinch of salt. That being said my ROI over the last year is over 80% so I must be doing something right.  |
Reply privately, Reply in forum +quote
or View forums list | |
"I don’t think crypto currency’s will disappear overnight and I believe it’s here to stay. I have quite a few investments in the stock market so I’m currently only 30% (of my whole portfolio) into five different different crypto. My gains especially this week with XRP are 137% but Bitcoin only 7.5% ....unfortunately I have a lot of my money in Bitcoin not XRP.
I think 70-30 split between shares and crypto is a good risk area. Open a Trading212 account and a eToro or coinbase account for your crypto.
I agree with a comment above businesses that have suffered recently due to the Pandemic like the Cinema chains shares should rise back to where they were prior to March 2020. So a quick profit could be made in May or June when they reopen again. Also airline stocks are worth looking at as well.
A good YouTube channel is a lovely Scottish lady called MamaFurFur, she’s done a video on crypto and isn’t offering or trying to sell something. Her other videos are great for beginner investing as well.
Good luck with it
70/30 stock/crypto split gets my support as well. Cryptos are great for making a fast buck. I think there's a good deal more confidence in them these days as they have a strong tendency to bounce back after a drop.
Buy the dip
Take the profit
Re-invest in dividend stocks
Works for me
caveat: I am not an expert so take this with pinch of salt. That being said my ROI over the last year is over 80% so I must be doing something right. "
I put it on another thread about crypto, to sell high and buy low. Took some more profit this morning from XRP, my original stake, so I’m now just using profit to stay in the game.
So if that particular currency should crash I haven’t lost any money  |
Reply privately, Reply in forum +quote
or View forums list | |
"I don’t think crypto currency’s will disappear overnight and I believe it’s here to stay. I have quite a few investments in the stock market so I’m currently only 30% (of my whole portfolio) into five different different crypto. My gains especially this week with XRP are 137% but Bitcoin only 7.5% ....unfortunately I have a lot of my money in Bitcoin not XRP.
I think 70-30 split between shares and crypto is a good risk area. Open a Trading212 account and a eToro or coinbase account for your crypto.
I agree with a comment above businesses that have suffered recently due to the Pandemic like the Cinema chains shares should rise back to where they were prior to March 2020. So a quick profit could be made in May or June when they reopen again. Also airline stocks are worth looking at as well.
A good YouTube channel is a lovely Scottish lady called MamaFurFur, she’s done a video on crypto and isn’t offering or trying to sell something. Her other videos are great for beginner investing as well.
Good luck with it
70/30 stock/crypto split gets my support as well. Cryptos are great for making a fast buck. I think there's a good deal more confidence in them these days as they have a strong tendency to bounce back after a drop.
Buy the dip
Take the profit
Re-invest in dividend stocks
Works for me
caveat: I am not an expert so take this with pinch of salt. That being said my ROI over the last year is over 80% so I must be doing something right.
I put it on another thread about crypto, to sell high and buy low. Took some more profit this morning from XRP, my original stake, so I’m now just using profit to stay in the game.
So if that particular currency should crash I haven’t lost any money "
Haha! - yeah I do that too! |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
I’ve recently started delving into crypto and investing and there is a lot of potential for crypto to go right, that said there is a lot of room for it to fail.
If your wanting to start out I’ve two good suggestions, 1. Download EToro which allows you to have a virtual portfolio so you can get used to buying and selling
2. Start small and expect to take losses early on |
Reply privately, Reply in forum +quote
or View forums list | |
"I’ve recently started delving into crypto and investing and there is a lot of potential for crypto to go right, that said there is a lot of room for it to fail.
If your wanting to start out I’ve two good suggestions, 1. Download EToro which allows you to have a virtual portfolio so you can get used to buying and selling
2. Start small and expect to take losses early on"
I use Etoro too, the virtual portfolio is really handy, but it is quite late to the game in terms of getting new coins listed at which point you could be buying at the top of a bubble, (Dogecoin is an example)
Binance has the newer stuff but is unnecessarily complicated. |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
Cant believe how many are saying it’s like the lottery or going to Vegas or placing an acca. The big difference between those and crypto is you lose nothing, until you sell. It’s a bumpy ride but hodl and be patient. Buy the dips and be patient. |
Reply privately, Reply in forum +quote
or View forums list | |
|
By *odgerMan
over a year ago
Coventry(ish)London |
"I don’t think crypto currency’s will disappear overnight and I believe it’s here to stay. I have quite a few investments in the stock market so I’m currently only 30% (of my whole portfolio) into five different different crypto. My gains especially this week with XRP are 137% but Bitcoin only 7.5% ....unfortunately I have a lot of my money in Bitcoin not XRP.
I think 70-30 split between shares and crypto is a good risk area. Open a Trading212 account and a eToro or coinbase account for your crypto.
I agree with a comment above businesses that have suffered recently due to the Pandemic like the Cinema chains shares should rise back to where they were prior to March 2020. So a quick profit could be made in May or June when they reopen again. Also airline stocks are worth looking at as well.
A good YouTube channel is a lovely Scottish lady called MamaFurFur, she’s done a video on crypto and isn’t offering or trying to sell something. Her other videos are great for beginner investing as well.
Good luck with it "
How's it going this week? |
Reply privately, Reply in forum +quote
or View forums list | |
|
By *AABMan
over a year ago
Not far |
The intrinsic value of a nation’s currency is in the value of the whole economy. What’s the value of a crypto based upon? Only what people perceive the value to be and speculation about how many people might want it. Sounds a bit like the Tulip bubble of 1637. Blockchain is here to stay because it is a technology with a fundamental value, and has a whole load of use cases. But crypto? As has been said earlier, mining crypto is highly energy intensive which at the end of the day doesn’t output a ‘physical’ thing that you can point at and say has an intrinsic value, so expect in the next few years governments taking a dim view in the light of climate change. |
Reply privately, Reply in forum +quote
or View forums list | |
"I don’t think crypto currency’s will disappear overnight and I believe it’s here to stay. I have quite a few investments in the stock market so I’m currently only 30% (of my whole portfolio) into five different different crypto. My gains especially this week with XRP are 137% but Bitcoin only 7.5% ....unfortunately I have a lot of my money in Bitcoin not XRP.
I think 70-30 split between shares and crypto is a good risk area. Open a Trading212 account and a eToro or coinbase account for your crypto.
I agree with a comment above businesses that have suffered recently due to the Pandemic like the Cinema chains shares should rise back to where they were prior to March 2020. So a quick profit could be made in May or June when they reopen again. Also airline stocks are worth looking at as well.
A good YouTube channel is a lovely Scottish lady called MamaFurFur, she’s done a video on crypto and isn’t offering or trying to sell something. Her other videos are great for beginner investing as well.
Good luck with it
How's it going this week?"
Bad week for some or a good opportunity to buy in the dip. I sold some of my crypto when I was in profit so holding currently. Still in profit for ETH but not for BTC, will see how the next few weeks go |
Reply privately, Reply in forum +quote
or View forums list | |
|
By *CandBCouple
over a year ago
Taunton |
"We should start a swingers crypto currency...
The big question is, do we use a swing, a pampas grass or upside down pineapple as our logo?"
There’s already a meme coin called cumrocket
Cumrocket coins are called Cummies
The fact cummies are being valued at around £200m collectively... the market has gone mad.
|
Reply privately, Reply in forum +quote
or View forums list | |
I am heavily invested in LINK (Chainlink) as I believe it has intrinsic value and will survive as an industry standard so I'm in it for the long term.
I have others which are short to medium term which carry more risk which I track more closely. For these I sell high and buy back into when they drop.
I invest in these as ultimately I see value to them which will ride out the fluctuations in the next 12-18 months but I'll get some profit along the way.
Do your own research and don't invest if you can't afford to lose it all. |
Reply privately, Reply in forum +quote
or View forums list | |
"Coinbase is probably the most recognised, easy to use in the app. Uphold is a bit different, as well as crypto you can trade in shares, currency and other bits. Again I find it easy to navigate around the app. Just got onto Kucoin, this is more complicated but offers more crypto to trade in.
Found each site good on security. It's all a game of patience and vigilance. U tube is the worst place to get information but there are a couple of channels that give technical advice.
PM if you want any more info.
Good luck!! "
Is Coinbase a good service for people who want to just invest in very small values at a time, such as a couple of quid? The kind of money that they don't mind losing etc. |
Reply privately, Reply in forum +quote
or View forums list | |
|
By *oveAndBangCouple
over a year ago
where the mood takes us |
"Once you get to the stage of these sorts of things being talked about on non-specialist general interest forums with little idea of the fundamentals, you’re likely in a bubble.
Anyone setting up a new crypto will be promising 500% or greater value increases to attract investors. Most won’t ever achieve this.
It might work out. But so might putting your money on a horse or buying lottery tickets. And the odds are similarly stacked against you.
Bitcoin in 2010 less than 50p and now over 50k that’s even more than 500%..... "
It's not even close to 50k however people who bought bitcoin 10 years ago can still be happy. Heard story about guy who paid 22 bitcoins for pizzas. It was worth around £1 then and now 22 bitcoins is around £570k lol |
Reply privately, Reply in forum +quote
or View forums list | |
"Coinbase is probably the most recognised, easy to use in the app. Uphold is a bit different, as well as crypto you can trade in shares, currency and other bits. Again I find it easy to navigate around the app. Just got onto Kucoin, this is more complicated but offers more crypto to trade in.
Found each site good on security. It's all a game of patience and vigilance. U tube is the worst place to get information but there are a couple of channels that give technical advice.
PM if you want any more info.
Good luck!!
Is Coinbase a good service for people who want to just invest in very small values at a time, such as a couple of quid? The kind of money that they don't mind losing etc. "
I have a coinbase account and just checked, the minimum is £1.99 for buying BTC. As I generally buy around £50 each month it’ll be an idea to check charges to buy crypto at such a small amount. They definitely charge to withdraw but not sure if you’re buying.
I’m currently hodling and not buying as there’s some stricter regulations that may be enforced by some countries, looking at the latest news.
Do your research and look at other crypto as well as BTC or ETH. |
Reply privately, Reply in forum +quote
or View forums list | |
"
Is Coinbase a good service for people who want to just invest in very small values at a time, such as a couple of quid? The kind of money that they don't mind losing etc. "
I use Coinbase and Crypto.com but not all currencies are available on every exchange.
Crypto.com have a 30 day fee free promotion just now so it would let you buy without fees, I'm sure others will have similar.
PM me if you are interested and I can give you a referral code where we both get $25 if you decide to take out a stake in one of their cards. |
Reply privately, Reply in forum +quote
or View forums list | |
"I’ve recently started delving into crypto and investing and there is a lot of potential for crypto to go right, that said there is a lot of room for it to fail.
If your wanting to start out I’ve two good suggestions, 1. Download EToro which allows you to have a virtual portfolio so you can get used to buying and selling
2. Start small and expect to take losses early on
I use Etoro too, the virtual portfolio is really handy, but it is quite late to the game in terms of getting new coins listed at which point you could be buying at the top of a bubble, (Dogecoin is an example)
Binance has the newer stuff but is unnecessarily complicated. "
If you are using EToro you don't "own" the crypto that you are investing in you are just making money from it. If you were to try to transfer the crypto to a private wallet that you control you'd find that it can't be done. |
Reply privately, Reply in forum +quote
or View forums list | |
"Coinbase is probably the most recognised, easy to use in the app. Uphold is a bit different, as well as crypto you can trade in shares, currency and other bits. Again I find it easy to navigate around the app. Just got onto Kucoin, this is more complicated but offers more crypto to trade in.
Found each site good on security. It's all a game of patience and vigilance. U tube is the worst place to get information but there are a couple of channels that give technical advice.
PM if you want any more info.
Good luck!!
Is Coinbase a good service for people who want to just invest in very small values at a time, such as a couple of quid? The kind of money that they don't mind losing etc.
I have a coinbase account and just checked, the minimum is £1.99 for buying BTC. As I generally buy around £50 each month it’ll be an idea to check charges to buy crypto at such a small amount. They definitely charge to withdraw but not sure if you’re buying.
I’m currently hodling and not buying as there’s some stricter regulations that may be enforced by some countries, looking at the latest news.
Do your research and look at other crypto as well as BTC or ETH. "
Coinbase is good for newbies investing a small amount into crypto. However if you are going to start investing larger amounts Coinbase gets really expensive with the fees that it charges. At the very least one should start using Coinbase-Pro instead. Its the same company so yu don't even need to create a new login. Yes it will look complicated if you are new but over time you will save a fortune in fees. |
Reply privately, Reply in forum +quote
or View forums list | |
I agree with a lot of what others have said ref volatility and only investing what you are prepared to lose. However, I have only been in 3 months, in the first 2 I saw a return of over 100%, and now the market has bombed and I am down to just a profit of 35%.
I have a diverse portfolio of 17 coins and a clear strategy for buying and selling, and it seems to work well, (same strategy i have used on shares for years)
The great thing is it costs little to get in so makes it open to everyone.
I am in for the long term
If you do buy in, good luck and happy to give tips if anyone wants them
M |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
I think the last week or so has proven how volatile crypto is, one tweet from Elon Musk seemingly crashed the majority of cryptos into the floor, at a risk it would be worth buying now however there is still a chance it could fall further before it begins to climb again |
Reply privately, Reply in forum +quote
or View forums list | |
Some of the alt coins are interesting, £40 - £60 will get you a few million coins/tokens, a reasonable jump in one coin could see you covering all the costs of having a good selection, obviously you could lose the lot... |
Reply privately, Reply in forum +quote
or View forums list | |
"This has been a really interesting thread, the volatility in the past week has made me glad I didn't jump in, I'm still hovering"
Going ALL in is never a good idea. Its always best to dollar cost average.
That way whenever there is a massive drop in price you are able to buy.
This ultimately lowers your break even price over time. Plus its better for your blood pressure lol |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
Yeah don’t go all in and always have a backup incase it goes wrong, I’m only working on a virtual portfolio instead of a real one right now but I’m down -250 and waiting for the spikes to return |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
I actually have a few people following my trading patterns and they are all doing very well (not this last week) but they are all up a fair amount. I'll happily chat over PM but if I put them out publicly, then people end up losing out I'll be hung publicly!
In all honesty though, without a big head, I'm quite good at the old crypto game. |
Reply privately, Reply in forum +quote
or View forums list | |
|
By *rHotNottsMan
over a year ago
Dubai & Nottingham |
"I actually have a few people following my trading patterns and they are all doing very well (not this last week) but they are all up a fair amount. I'll happily chat over PM but if I put them out publicly, then people end up losing out I'll be hung publicly!
In all honesty though, without a big head, I'm quite good at the old crypto game. "
Be careful , unless you’re registered with FCA as an advisor you can be sued and prosecuted for giving specific advice . |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
"I actually have a few people following my trading patterns and they are all doing very well (not this last week) but they are all up a fair amount. I'll happily chat over PM but if I put them out publicly, then people end up losing out I'll be hung publicly!
In all honesty though, without a big head, I'm quite good at the old crypto game.
Be careful , unless you’re registered with FCA as an advisor you can be sued and prosecuted for giving specific advice . "
Good to know. I rescind my offer |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
I use Pi myself and another called Bee which works on the same basis, right now their not worth anything of real value however having the currency before it hits the live market is going to be an advantage |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
"Who else does anyone follow for technical analysis? For me it’s coinskid and crypto capital venture. Both have been pretty accurate in my view.
That Martini Guy is worth following "
I’ll check him out. |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
"Decent weekend and a nice start to the week in the crypto sphere "
Better start today by the looks of it, new regulations and companies looking at using crypto as a payment are putting the prices back up |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
"BTC needs to hold above $37.5k for some decent action on alts.
I feel a dip to around $35k first. I hope so anyway because I sold 10k of ADA last night and need to buy it back at under 1.70 lol.
"
|
Reply privately, Reply in forum +quote
or View forums list | |
I have invested thousands of pounds into it.
I'd suggest that you only buy what you can afford to leave in for 2-5 years.
The main thing to note is the only guarantee with cryptocurrency is the fact that it is volatile. |
Reply privately, Reply in forum +quote
or View forums list | |
"BTC needs to hold above $37.5k for some decent action on alts.
I feel a dip to around $35k first. I hope so anyway because I sold 10k of ADA last night and need to buy it back at under 1.70 lol.
"
feels great when it works
Hard to deal with the fomo when it doesn’t work out as planned.
Good luck |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
"BTC needs to hold above $37.5k for some decent action on alts.
I feel a dip to around $35k first. I hope so anyway because I sold 10k of ADA last night and need to buy it back at under 1.70 lol.
I’m well in to profit anyway so not the end of the world. Lots of coins are moving and there’s always a little profit somewhere
feels great when it works
Hard to deal with the fomo when it doesn’t work out as planned.
Good luck "
|
Reply privately, Reply in forum +quote
or View forums list | |
|
By *nakePilotMan
over a year ago
Merseyside, Lancashire & Cheshire |
Apparently, in Bitcoin terms I'm an "octopus". I'm also a buy and hold man, aware of the 4-year cycle. Started buying in 2018, stopped in 2020. Now I'll just sit back and wait.
I follow PlanB and Benjamin Cowen, who are also mathematicians, like me.
I'm also an octopus in bed, if anyone's interested... |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
"Apparently, in Bitcoin terms I'm an "octopus". I'm also a buy and hold man, aware of the 4-year cycle. Started buying in 2018, stopped in 2020. Now I'll just sit back and wait.
I follow PlanB and Benjamin Cowen, who are also mathematicians, like me.
I'm also an octopus in bed, if anyone's interested..."
I follow Benjamin too, good TA from him as well. |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
"Been a decent few weeks for crypto. Especially if you’re holding ADA (not me  ) or XRP (very much me )
Hold both  "
Top man. I switched a bit to ALGO and cashed that in for a tidy profit today. Hoping for a Sunday dump, probably when Bitcoin hits 50k, and I’ll buy back in to something. |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
"Been a decent few weeks for crypto. Especially if you’re holding ADA (not me ) or XRP (very much me )
Hold both "
My apologies, top couple I should say. |
Reply privately, Reply in forum +quote
or View forums list | |
I recently invested in a bobcat helium miner
It mines the internet for helium coin
It just sits in my windowsill with a small Ariel
Over £300 in 10days
Uses same electric as a light bulb
All on YouTube look it up
Only problem is 5months delivery time due to high demand
I ordered in may got it in september |
Reply privately, Reply in forum +quote
or View forums list | |
|
By *ack688Man
over a year ago
abruzzo Italy (and UK) |
I’m quite heavily invested in crypto, predominantly Ethereum, with a couple of other smaller coins such as Cardano, Solaro and Algorand.
The market as everyone says is extremely volatile and you might get lucky with high short term returns but holding in the longer term is more likely to get high rewards in the more stable coins. A 20% fluctuation in a day is not uncommon for some coins, but the ones with higher market shares tend to have slightly slower movement although if you look at Ethereum for example, the percentage changes over the last six months have been massive. From it’s All time high in May and then the crash it suffered halving it’s value over the following couple of months to the point where it’s still below that ATH but has recovered significantly. There is a definite divide between countries in terms of their acceptance of crypto, some of them ban it, some tax the gains heavily, and recently some Central American countries have started to adopt some cryptos as legal tender.
I picked Ethereum as my main investment because it is the blockchain platform that many other technologies are building on, and although it’s transaction costs are still high and it’s energy use for mining is also high, recent improvements in the technology are helping the situation and the expected upgrade to ETH2 hopefully in the new year will drastically alter those down sides and should create a lot more interest.
But as they always say, I’m not a financial advisor and you need to do your own due diligence and be aware of the risks before investing.
|
Reply privately, Reply in forum +quote
or View forums list | |
» Add a new message to this topic
