The time to invest in bitcoin was about 4-5 years ago.
There's no point now.
The real time to invest in bitcoin was probably around 2012 tbh
Ignore
Its built on nothing
Bitcoin like any crypto, should only be an investment after lots of lengthy research into block chain and it's viability.
If you then think it's a feasible thing to invest in I'd use a reputable broker to set up a wallet and invest. I know a few sites like ETORO back me popular in the last couple of years but they are just trading markets, you don't- or didn't used to- actually own the bitcoin/crypto. Another thing to consider.
I bought bitcoin at 27 cents and sold most of em around 700 sterling....was crazy money to me then but makes me sick to think what it'd be worth now
Do not invest in Bitcoin at this moment in time. That's the only advice you should be given at the moment by anybody who understands bitcoin. Use it for payments, fine but don't try making money on it. It isn't happening and won't happen for the foreseeable. This could change of course, coursidering how volatile any cryptocurrency is.
I bought a bitcoin many years ago and completely forgot about it for 7 years. The price went up to around 15k at one point. Unfortunately I wasn't paying any attention to the cryptocurrency scene at that time so I missed out. I sold it last year for 7k, I think that was around November 2019.
I've got 0.4 bitcoin now, and many other cryptos dotted about on various online wallets.
Haven't made any profit on them at all though.... Kind of just leave them there and check them every so often, one day hoping I'll forget and check in 7 years to find I'm 200 grand richer.....
Never bothered with emails. Just various apps you can download.
Do research before if you're really into it.
Bit like foreign exchange trading.
comment by #LiquidGenius (U20571)
posted 1 hour, 46 minutes ago
The time to invest in bitcoin was about 4-5 years ago.
There's no point now.
----------------------------------------------------------------------
Its up 2% today, 5% this week, 29% this month and 48% this year.
Nothing to see here
Judging by this thread, not a lot of people have done any research.
Buy it and store it. Not in an online wallet, buy an offline ledger.
comment by Martial Law (U13506)
posted 3 hours, 40 minutes ago
Ignore
Its built on nothing
----------------------------------------------------------------------
whats fiat bulit on
comment by There'sOnlyOneRed's (U1721)
posted 7 hours, 23 minutes ago
Do not invest in Bitcoin at this moment in time. That's the only advice you should be given at the moment by anybody who understands bitcoin. Use it for payments, fine but don't try making money on it. It isn't happening and won't happen for the foreseeable. This could change of course, coursidering how volatile any cryptocurrency is.
----------------------------------------------------------------------
Put all your money in VR.
comment by #LiquidGenius (U20571)
posted 9 hours, 1 minute ago
The time to invest in bitcoin was about 4-5 years ago.
There's no point now.
----------------------------------------------------------------------
Paul Tudor Jones (among many) would disagree.
comment by Kung Fu Cantona 🙏🏼 🇵🇸 (U18082)
posted 5 hours, 59 minutes ago
Judging by this thread, not a lot of people have done any research.
Buy it and store it. Not in an online wallet, buy an offline ledger.
----------------------------------------------------------------------
This.
Be your own bank.
comment by Winston (U16525)
posted 59 minutes ago
comment by There'sOnlyOneRed's (U1721)
posted 7 hours, 23 minutes ago
Do not invest in Bitcoin at this moment in time. That's the only advice you should be given at the moment by anybody who understands bitcoin. Use it for payments, fine but don't try making money on it. It isn't happening and won't happen for the foreseeable. This could change of course, coursidering how volatile any cryptocurrency is.
----------------------------------------------------------------------
Put all your money in VR.
----------------------------------------------------------------------
Maybe not ''all'' of it but i can see this flying in the future........
https://www.thetatoken.org/
Currently trading around $0.60
comment by #LiquidGenius (U20571)
posted 9 hours, 15 minutes ago
The real time to invest in bitcoin was probably around 2012 tbh
----------------------------------------------------------------------
Wrong. I bought a bitcoin in April last year when it was worth €4K. And it was worth even less than that in March 2020. Also I got lucky and turned that into 6 BTC on a trading app.
Everybody should buy Bitcoin especially the way major economies are printing fiat currency out of nothing all around the world. Even if you put €100 a month into it or something, in 3-4 years it’s gonna be worth a lot more than it is now. If not, sooner.
comment by There'sOnlyOneRed's (U1721)
posted 8 hours, 37 minutes ago
Do not invest in Bitcoin at this moment in time. That's the only advice you should be given at the moment by anybody who understands bitcoin. Use it for payments, fine but don't try making money on it. It isn't happening and won't happen for the foreseeable. This could change of course, coursidering how volatile any cryptocurrency is.
----------------------------------------------------------------------
Wtf why should people not invest in it right now? Because the price is higher than usual? There are guys who bought at $20k and then sold at a much lower price during the preceding bear market and then get salty whenever crypto is mentioned because of it, but I bet those people wish they didn’t sell now. Bitcoin isn’t a way to make a quick buck, it’s a long term investment that WILL pay off if you just hold onto it. In 3-4 years people won’t be looking back and thinking Bitcoin was expensive at $14k.
You dont need to be a rocket scientist to spot this ponzi scheme.
If everyone sold their bitcoin it would be worthless
comment by Timmy (U14278)
posted 3 seconds ago
You dont need to be a rocket scientist to spot this ponzi scheme.
If everyone sold their bitcoin it would be worthless
----------------------------------------------------------------------
Like literally any other asset on the planet.
Everybody should buy Bitcoin especially the way major economies are printing fiat currency out of nothing all around the world.
-----------------------------------------
This.
What we're currently witnessing is the death of the current 'fiat' system (a system that robs us all through inflation). As anyone worth his salt in finance knows, this death was happening long before the germ was present.
Through the owned media, Bitcoin suffers just as much as Gold because banks don't make money from you owning Bitcoin/Gold, they make money from selling you debt in currency that they print from thin-air.
Bitcoin is here to stay. They just don't want you to know it.
comment by Timmy (U14278)
posted 5 minutes ago
You dont need to be a rocket scientist to spot this ponzi scheme.
If everyone sold their bitcoin it would be worthless
----------------------------------------------------------------------
The largest ''ponzi scheme'' in history is sitting in your wallet.
comment by Manfrombelmonty (U1705)
posted 7 hours, 36 minutes ago
comment by #LiquidGenius (U20571)
posted 1 hour, 46 minutes ago
The time to invest in bitcoin was about 4-5 years ago.
There's no point now.
----------------------------------------------------------------------
Its up 2% today, 5% this week, 29% this month and 48% this year.
Nothing to see here
----------------------------------------------------------------------
Correct. When it drops and corrects it’ll then rise again.
Crypto and blockchain will take off eventually. Banks have been testing for some time.
''Then the big money started to pour in; institutional investors such as Grayscale and Square scooped up vast amounts of Bitcoin, and digital payments giant PayPal introduced crypto buying and selling features, opening the door to mass adoption of the cryptocurrency. The news sent the price of Bitcoin soaring past $13,000; on the 12th anniversary of the Bitcoin whitepaper, it reached its highest price since 2018. Those who'd previously mocked Bitcoin, from Grayscale CEO Michael Saylor to JP Morgan, fell over themselves to sing the cryptocurrency's praises.''
https://decrypt.co/10922/happy-11th-birthday-bitcoin-whats-happened-since-its-whitepaper-published
Comment deleted by Site Moderator
Comment deleted by Site Moderator
Just buy a nano ledger S. Think they are around £50
Sign in if you want to comment
Off topic - Bitcoin
Page 1 of 4
posted on 31/10/20
The time to invest in bitcoin was about 4-5 years ago.
There's no point now.
posted on 31/10/20
The real time to invest in bitcoin was probably around 2012 tbh
posted on 31/10/20
Ignore
Its built on nothing
posted on 31/10/20
Bitcoin like any crypto, should only be an investment after lots of lengthy research into block chain and it's viability.
If you then think it's a feasible thing to invest in I'd use a reputable broker to set up a wallet and invest. I know a few sites like ETORO back me popular in the last couple of years but they are just trading markets, you don't- or didn't used to- actually own the bitcoin/crypto. Another thing to consider.
I bought bitcoin at 27 cents and sold most of em around 700 sterling....was crazy money to me then but makes me sick to think what it'd be worth now
posted on 31/10/20
Do not invest in Bitcoin at this moment in time. That's the only advice you should be given at the moment by anybody who understands bitcoin. Use it for payments, fine but don't try making money on it. It isn't happening and won't happen for the foreseeable. This could change of course, coursidering how volatile any cryptocurrency is.
posted on 31/10/20
I bought a bitcoin many years ago and completely forgot about it for 7 years. The price went up to around 15k at one point. Unfortunately I wasn't paying any attention to the cryptocurrency scene at that time so I missed out. I sold it last year for 7k, I think that was around November 2019.
I've got 0.4 bitcoin now, and many other cryptos dotted about on various online wallets.
Haven't made any profit on them at all though.... Kind of just leave them there and check them every so often, one day hoping I'll forget and check in 7 years to find I'm 200 grand richer.....
Never bothered with emails. Just various apps you can download.
Do research before if you're really into it.
Bit like foreign exchange trading.
posted on 1/11/20
comment by #LiquidGenius (U20571)
posted 1 hour, 46 minutes ago
The time to invest in bitcoin was about 4-5 years ago.
There's no point now.
----------------------------------------------------------------------
Its up 2% today, 5% this week, 29% this month and 48% this year.
Nothing to see here
posted on 1/11/20
Judging by this thread, not a lot of people have done any research.
Buy it and store it. Not in an online wallet, buy an offline ledger.
posted on 1/11/20
like fiat
posted on 1/11/20
comment by Martial Law (U13506)
posted 3 hours, 40 minutes ago
Ignore
Its built on nothing
----------------------------------------------------------------------
whats fiat bulit on
posted on 1/11/20
comment by There'sOnlyOneRed's (U1721)
posted 7 hours, 23 minutes ago
Do not invest in Bitcoin at this moment in time. That's the only advice you should be given at the moment by anybody who understands bitcoin. Use it for payments, fine but don't try making money on it. It isn't happening and won't happen for the foreseeable. This could change of course, coursidering how volatile any cryptocurrency is.
----------------------------------------------------------------------
Put all your money in VR.
posted on 1/11/20
comment by #LiquidGenius (U20571)
posted 9 hours, 1 minute ago
The time to invest in bitcoin was about 4-5 years ago.
There's no point now.
----------------------------------------------------------------------
Paul Tudor Jones (among many) would disagree.
posted on 1/11/20
comment by Kung Fu Cantona 🙏🏼 🇵🇸 (U18082)
posted 5 hours, 59 minutes ago
Judging by this thread, not a lot of people have done any research.
Buy it and store it. Not in an online wallet, buy an offline ledger.
----------------------------------------------------------------------
This.
Be your own bank.
posted on 1/11/20
comment by Winston (U16525)
posted 59 minutes ago
comment by There'sOnlyOneRed's (U1721)
posted 7 hours, 23 minutes ago
Do not invest in Bitcoin at this moment in time. That's the only advice you should be given at the moment by anybody who understands bitcoin. Use it for payments, fine but don't try making money on it. It isn't happening and won't happen for the foreseeable. This could change of course, coursidering how volatile any cryptocurrency is.
----------------------------------------------------------------------
Put all your money in VR.
----------------------------------------------------------------------
Maybe not ''all'' of it but i can see this flying in the future........
https://www.thetatoken.org/
Currently trading around $0.60
posted on 1/11/20
comment by #LiquidGenius (U20571)
posted 9 hours, 15 minutes ago
The real time to invest in bitcoin was probably around 2012 tbh
----------------------------------------------------------------------
Wrong. I bought a bitcoin in April last year when it was worth €4K. And it was worth even less than that in March 2020. Also I got lucky and turned that into 6 BTC on a trading app.
Everybody should buy Bitcoin especially the way major economies are printing fiat currency out of nothing all around the world. Even if you put €100 a month into it or something, in 3-4 years it’s gonna be worth a lot more than it is now. If not, sooner.
posted on 1/11/20
comment by There'sOnlyOneRed's (U1721)
posted 8 hours, 37 minutes ago
Do not invest in Bitcoin at this moment in time. That's the only advice you should be given at the moment by anybody who understands bitcoin. Use it for payments, fine but don't try making money on it. It isn't happening and won't happen for the foreseeable. This could change of course, coursidering how volatile any cryptocurrency is.
----------------------------------------------------------------------
Wtf why should people not invest in it right now? Because the price is higher than usual? There are guys who bought at $20k and then sold at a much lower price during the preceding bear market and then get salty whenever crypto is mentioned because of it, but I bet those people wish they didn’t sell now. Bitcoin isn’t a way to make a quick buck, it’s a long term investment that WILL pay off if you just hold onto it. In 3-4 years people won’t be looking back and thinking Bitcoin was expensive at $14k.
posted on 1/11/20
You dont need to be a rocket scientist to spot this ponzi scheme.
If everyone sold their bitcoin it would be worthless
posted on 1/11/20
comment by Timmy (U14278)
posted 3 seconds ago
You dont need to be a rocket scientist to spot this ponzi scheme.
If everyone sold their bitcoin it would be worthless
----------------------------------------------------------------------
Like literally any other asset on the planet.
posted on 1/11/20
Everybody should buy Bitcoin especially the way major economies are printing fiat currency out of nothing all around the world.
-----------------------------------------
This.
What we're currently witnessing is the death of the current 'fiat' system (a system that robs us all through inflation). As anyone worth his salt in finance knows, this death was happening long before the germ was present.
Through the owned media, Bitcoin suffers just as much as Gold because banks don't make money from you owning Bitcoin/Gold, they make money from selling you debt in currency that they print from thin-air.
Bitcoin is here to stay. They just don't want you to know it.
posted on 1/11/20
comment by Timmy (U14278)
posted 5 minutes ago
You dont need to be a rocket scientist to spot this ponzi scheme.
If everyone sold their bitcoin it would be worthless
----------------------------------------------------------------------
The largest ''ponzi scheme'' in history is sitting in your wallet.
posted on 1/11/20
comment by Manfrombelmonty (U1705)
posted 7 hours, 36 minutes ago
comment by #LiquidGenius (U20571)
posted 1 hour, 46 minutes ago
The time to invest in bitcoin was about 4-5 years ago.
There's no point now.
----------------------------------------------------------------------
Its up 2% today, 5% this week, 29% this month and 48% this year.
Nothing to see here
----------------------------------------------------------------------
Correct. When it drops and corrects it’ll then rise again.
Crypto and blockchain will take off eventually. Banks have been testing for some time.
posted on 1/11/20
''Then the big money started to pour in; institutional investors such as Grayscale and Square scooped up vast amounts of Bitcoin, and digital payments giant PayPal introduced crypto buying and selling features, opening the door to mass adoption of the cryptocurrency. The news sent the price of Bitcoin soaring past $13,000; on the 12th anniversary of the Bitcoin whitepaper, it reached its highest price since 2018. Those who'd previously mocked Bitcoin, from Grayscale CEO Michael Saylor to JP Morgan, fell over themselves to sing the cryptocurrency's praises.''
https://decrypt.co/10922/happy-11th-birthday-bitcoin-whats-happened-since-its-whitepaper-published
posted on 1/11/20
Comment deleted by Site Moderator
posted on 1/11/20
Comment deleted by Site Moderator
posted on 1/11/20
Just buy a nano ledger S. Think they are around £50
Page 1 of 4