How do we fund our toys

alfatwo

Member
Messages
5,517
As with any trader, you only ever see their gains and never their losses. I was the same when I did it.

One piece of info that was drummed into me was: 'never try and catch a falling knife' which translates into dump it when starts to lose, take lots of small losses and move to avoid taking a big loss. It doesnt matter if it then goes up (which they invariably do)....just avoid that big loss potential.

You mean don't buy a Maser if you don't want to take a hit ;)


Dave
 

Wattie

Member
Messages
8,640
Think you mean xrp......0.24 ish current price.
Ethereum and Litecoin in 5-300’s
Bitcoin at 16000’s

Shows you the potential....even if XRP gets to a 10er!!!!

CheersWattie
Xrp....0.80
Ltc....approaching 400
Eth.....over 800....some sites showing 900

Worth a punt if u haven’t......they’re still a very long way behind 1/15th bitcoin and some say (particularily) ETH has far more potential/value/applications......
Cheers wattie
 

Wattie

Member
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8,640
Honestly, it's a fad and a faff.
It’s not a fad but getting authorised is a faff admittedly.
I’m glad I went through the faff as I think this has legs for a while.
Kraken site is back up and working.......dunno how long authorisations are taking.
Cheers Wattie
 

Wattie

Member
Messages
8,640
It’s not a fad but getting authorised is a faff admittedly.
I’m glad I went through the faff as I think this has legs for a while.
Kraken site is back up and working.......dunno how long authorisations are taking.
Cheers Wattie
Ps. It’s a faff because so many are trying to get authorised to get on board.
 

Contigo

Sponsor
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18,376
I've been authorized but honestly have no impetus. I see it all coming tumbling down and won't be the one holding the baby. Will stick to shares, good luck.....
 

Wattie

Member
Messages
8,640
I've been authorized but honestly have no impetus. I see it all coming tumbling down and won't be the one holding the baby. Will stick to shares, good luck.....
I think that’s a mistake, but I do know where you’re coming from.....then again, the global share market is propped up by central banks so in my view, in for a penny.......
Cheers Wattie
 

Wattie

Member
Messages
8,640
I've been authorized but honestly have no impetus. I see it all coming tumbling down and won't be the one holding the baby. Will stick to shares, good luck.....
I think that's a mistake, but I do know where you're coming from.....then again, the global share market is propped up by central banks so in my view, in for a penny.......
Cheers Wattie
 

hoyin

Member
Messages
1,842
Well if you want a free Maserati Levante, Binance are giving one away to a top trader!

Good to see it is seen as a desirable give away.


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Scaf

Member
Messages
6,583
Bitcoin, with all the hype at the moment,once it's in the news telling you what a great way to make money, looks to me like the rich will offload them then the price will crash and its the poorer people left holding whats left with little or no value. Not for me thanks.
Bitcoin down 20% today - watch what happens tomorrow ........
 

FIFTY

Member
Messages
3,100
Yes not looking good for bitcoin a lot of money is being transfered into bitcoin cash now instead
 

FIFTY

Member
Messages
3,100
Crazy I have been quite skeptical of xrp because of the high market cap and huge pool of available currency makes it seem like a slow earner but clearly not.

I might ditch btc all together and move into monero :)
 

alfatwo

Member
Messages
5,517
So how does a couple of derelict properties in Menton bought in the early 70's and another two in Cap Martin and in Nice generate over 500k a year without doing a thing?

Dave