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By (user no longer on site)
over a year ago
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Latest craze?
That ship sailed last year.
There’s probably still money to be made on it with frequent buying and selling. But the days where it was ultra volatile and made people a lot of money overnight are gone. |
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By *evaquitCouple
over a year ago
Catthorpe |
Wouldn't touch it with a barge pole. Heard of many success stories, always a friend of a friend who did well. Reminds me of the pyramid scams from a decade or so ago, very few benefitting whilst many lost out. Work hard and keep what you've got, we've done okay with this method. |
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By (user no longer on site)
over a year ago
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Got a friend who missed the bit coin revolution but buys and trades in other similar currencies I'm tempted as he keeps raving about it but I'd like to see something more than a set of code for my 5k investment |
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By *xkritTV/TS
over a year ago
High Wycombe (ish) |
Like anything else, invest only what you can afford to loose.
I'd suggest the huge percentage moves have gone now and the currency is getting less volotile (compared to previous moves). However, it's still an unstable and high risk currency (with potential big rewards or big losses).
If you're not really sure what it is, perhaps it's not the best asset for you to invest in?! |
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"What's everyone's view on this latest craze?
Serious money maker or just another scam?"
This is the central problem with people and crypto. It was created as a form of currency which can be used for payment, not buying and just sitting on it. Not everyone can make money off it obviously.
That being said, as it is not a regulated asset, don't be surprised at pump and dump schemes. It is the wild west. |
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