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By (user no longer on site) OP
over a year ago
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Not really because actually I find fellow fabbers are about being positive & helping each other so find this website a great place to ask for help if it’s swinging or any other question just only the small minority like to be negative with irrelevant comments but thanks |
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ETH, BTC, ADA, XRP, TRX and unfortunately Doge (only £50) but still in a loss currently.
Open a eToro account, add £50 and take a punt. Once you’re in profit, keep taking out till you’ve got your money back and in profit, then leave it.
About a year ago I put in £500 took out £500 and now left with $720 pure profit, if it crashes I lose nothing.
However it’s highly unstable 6 months ago I put £50 into Doge and it’s never been in the green.
So do your research, buy in the dip and keep an eye on it. |
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Currently hold the following;
Cartesi (up £1,200)
Bitcoin (up £92)
AMP (up £30).
Right now isn’t a good time to get in, we’re testing the highs which means a reversal is potentially on the way. Best thing you can do, is to read the fundamentals & buy in when the prices are low. |
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Research “Bitcoin halving” refers to an event that happens every four years when the block rewards for Bitcoin miners get cut in half. This reduces the supply of new bitcoins by 50%.
Last one was in 2020. |
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By (user no longer on site)
over a year ago
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"Buy high and sell low.
I'm sure it was that "
To OP avoid unless you have some extra money gamble, highly volatile area, due to lack of regulatory body, and it is challenging to dominating currency, and that country dont like such challenges. This is future but wait for sometime. |
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By *ack688Man
over a year ago
abruzzo Italy (and UK) |
Trading is very different from investing, it’s a very volatile market which does allow for some spectacular gains over short periods of time if you’re lucky enough to be holding the right coins at the right time, but equally spectacular losses, but of course it’s not a loss until you sell.
I started buying in around April and through May, mostly Ethereum as I still think it has the most dependable mid term prospects, but dabbled in other coins too, then the crash over the summer happened and it took about 5 months to break even again. I have a nice healthy profit at the moment but it could just as easily lose half its value again next week. |
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By (user no longer on site)
over a year ago
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Research, research and research. Crypto is volatile and unregulated; there are scams out there where you buy in and you may as well just burn the cash.
I have friends who have made money, but more who are sitting on pretty much what they invested and only one who has made a good return (then got out)
Stocks and shares are a safer option; but once again only if you do the research and invest what you can afford to play with.
Don’t even think about mining crypto unless you have a source of cheap electric |
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By (user no longer on site)
over a year ago
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I deposited £300 into various streams about 8 months ago. It's volatile as hell, but it is up to about £720 right now. I did this with no experience and based it on the historic actions of the coins I chose.
Also, I say 'about' £720 because that's what it is right now. It could end the day anywhere between £600-900 it's that volatile |
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By (user no longer on site)
over a year ago
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Dont stake what you cant afford too loose. I did very well out of btc but i bought in the very early days, i invested 7k had 12 coins i sold off 10 last year just have 2 now and put 5k into eth @180 pc which im dropping very shortly. Im expecting a crypto crash jan/feb so going to drop and rebuy on the crash. Keep a eye on sol1 very fast mover but im expecting it to outpace eth.
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