Bitcoin hits $1000!
#332
Scooby Senior
Thread Starter
#333
I have invested a bit in Stellar with the intention to hold onto it for quite a while and see what happens......but as Bill Gates "never invest in alt coins unless you are willing to lose everything"
#334
Scooby Senior
Thread Starter
Yeah bugger that. The only coin I've touched other than BTC is the BCH I got free in the split, I sold that and bought Bitcoin which I'm still spending/giving.
#335
Scooby Regular
iTrader: (1)
So come on then Jack, what should I do? I have £2k to play with... should I buy now while it's at this new high or wait for a magic dip where it loses half of it's value?
FYI if I had put in £5k like I was planning on doing in 2017, I'd be sitting on over £300k.
Last edited by LSherratt; 02 November 2021 at 02:17 PM.
#336
Scooby Senior
Thread Starter
Logged into Scoobynet just to quote the above. I'm still kicking myself.... Maybe too late to get in now?
So come on then Jack, what should I do? I have £2k to play with... should I buy now while it's at this new high or wait for a magic dip where it loses half of it's value?
FYI if I had put in £5k like I was planning on doing in 2017, I'd be sitting on over £300k.
So come on then Jack, what should I do? I have £2k to play with... should I buy now while it's at this new high or wait for a magic dip where it loses half of it's value?
FYI if I had put in £5k like I was planning on doing in 2017, I'd be sitting on over £300k.
Don't feel bad, I spent 2 back in the day on rubbish.
#337
Scooby Regular
iTrader: (1)
By the way, hope you're well. This is my first post in a couple of years!
Last edited by LSherratt; 02 November 2021 at 04:16 PM.
#338
Scooby Senior
Thread Starter
Thanks. I think there will be a small dip too... maybe around £40k. At that point I'll shove my £2k in and hold where hopefully it'll reach £100k I've successfully got myself setup and verified on Coinbase this time ready to go
By the way, hope you're well. This is my first post in a couple of years!
By the way, hope you're well. This is my first post in a couple of years!
#339
Scooby Regular
iTrader: (1)
Close to $70k.... hasn't dipped either!
I put £1k into Bitcoin and £1k into Ethereum yesterday; going to be funneling £200 each month into it. This has to be the future... If only I did that in 2017.
I've read back through this whole thread and it made me laugh at some of the comments from years ago!
I put £1k into Bitcoin and £1k into Ethereum yesterday; going to be funneling £200 each month into it. This has to be the future... If only I did that in 2017.
I've read back through this whole thread and it made me laugh at some of the comments from years ago!
#340
I don't really understand why crytpocurrency keeps rising in value, it seems anyone can mine it, so shouldn't the value go down? That may well be a silly question, but I know nothing about it, except for seeing it continually rise in value in the news!
#341
Scooby Senior
Thread Starter
There will only ever be 21,000,000 bitcoin, every now and then it gets harder to mine Bitcoin, this is by design and happens every 4 years'ish you can see a countdown here. It would take a massive investment to be able to mine any bitcoin now and even more in the future.
#342
Scooby Senior
Thread Starter
Close to $70k.... hasn't dipped either!
I put £1k into Bitcoin and £1k into Ethereum yesterday; going to be funneling £200 each month into it. This has to be the future... If only I did that in 2017.
I've read back through this whole thread and it made me laugh at some of the comments from years ago!
I put £1k into Bitcoin and £1k into Ethereum yesterday; going to be funneling £200 each month into it. This has to be the future... If only I did that in 2017.
I've read back through this whole thread and it made me laugh at some of the comments from years ago!
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#347
Scooby Regular
Good shout. Side ways action in the market is expected for several weeks. If you decide to add more, average it out in smaller amounts over the next 2-4 weeks.
#351
Scooby Regular
iTrader: (1)
@JackClark Lol... I'm now thinking this has been a mugs game for the past 5 years. Crypto appears more unstable than ever before and you'd think things would have progressed in that time where it can be of actual use by now. Clearly not. No words.
Thank goodness I didn't put in tens of thousands of pounds like some people have near the peaks. I'm pretty much writing my £3k off and will just forget about it for the next 5 years.
Thank goodness I didn't put in tens of thousands of pounds like some people have near the peaks. I'm pretty much writing my £3k off and will just forget about it for the next 5 years.
Last edited by LSherratt; 15 June 2022 at 12:20 PM.
#355
Scooby Senior
Thread Starter
@JackClark Lol... I'm now thinking this has been a mugs game for the past 5 years. Crypto appears more unstable than ever before and you'd think things would have progressed in that time where it can be of actual use by now. Clearly not. No words.
Thank goodness I didn't put in tens of thousands of pounds like some people have near the peaks. I'm pretty much writing my £3k off and will just forget about it for the next 5 years.
Thank goodness I didn't put in tens of thousands of pounds like some people have near the peaks. I'm pretty much writing my £3k off and will just forget about it for the next 5 years.
#356
Scooby Senior
Thread Starter
Close to $70k.... hasn't dipped either!
I put £1k into Bitcoin and £1k into Ethereum yesterday; going to be funneling £200 each month into it. This has to be the future... If only I did that in 2017.
I've read back through this whole thread and it made me laugh at some of the comments from years ago!
I put £1k into Bitcoin and £1k into Ethereum yesterday; going to be funneling £200 each month into it. This has to be the future... If only I did that in 2017.
I've read back through this whole thread and it made me laugh at some of the comments from years ago!
Obviously this is not investment advice it's hindsight.
#358
Scooby Regular
That’s crazy i didn’t expect it to go above 65k but thats why im not an investor and just a watcher its gambling which ive never done and would be crap at! I certainly wish i had bought into it years ago but thats the same for everyone in hindsight like that gaming companys shares that went through the roof was about a week too late on that one to take a risk
#360
Scooby Senior
Thread Starter