BITCOIN as an alternative to regular currency

Long, short, Bitcoin, forex - Plenty of alternate market disuccsion.
Post Reply
User avatar
alexmr2
Posts: 390
Joined: Wed Sep 26, 2018 12:32 am

ShaunWhite wrote:
Sat Apr 24, 2021 6:09 pm
alexmr2 wrote:
Fri Apr 23, 2021 8:28 pm
I'm sure losing 1% of your money doesn't feel as bad as knowing that 1% could have seen a 10x or 100x gain, at least for those that understand risk:reward.
I backed a 1000/1 horse today, I'd rather lose £1 then face missing out on £1000. Surely anyone who understands risk can see that was a good idea :roll:
Obviously you have to make an assessment to guess if the true chance of it happening is in your favour or not first. Remember there's a big loss of opportunity cost to not have some degree of risk AND diversification, otherwise you would sit with 100% (say £100k) in the bank and lose about £1k or £2k to inflation almost guaranteed each year
Zenyatta
Posts: 1137
Joined: Thu Mar 11, 2010 4:17 pm

TikToker makes Scamcoin as a joke and within an hour its m-cap reaches $70 million!
https://www.moneycontrol.com/news/trend ... 10851.html

" A TikToker recently decided to casually make ‘Scamcoin’ online and its worth reached $70 million within an hour. Scamcoin or as it suggests in the video “Simple Cool Automatic Money” is a legitimate cryptocurrency centred around making the user’s “life easier”. "

https://twitter.com/i/status/1385365742506364929
verance
Posts: 22
Joined: Wed Nov 11, 2020 10:59 am

Zenyatta wrote:
Wed Apr 28, 2021 5:18 pm
TikToker makes Scamcoin as a joke and within an hour its m-cap reaches $70 million!
https://www.moneycontrol.com/news/trend ... 10851.html

" A TikToker recently decided to casually make ‘Scamcoin’ online and its worth reached $70 million within an hour. Scamcoin or as it suggests in the video “Simple Cool Automatic Money” is a legitimate cryptocurrency centred around making the user’s “life easier”. "

https://twitter.com/i/status/1385365742506364929
Doge, Egod, Scamcoin... not difficult to spot the bubble! I think the worst was CumRocket (CUMMIES) reaching $140 million.


CumRocket Crypto Surges 634% In A Single Day In 'Extreme Mania' Market

https://www.benzinga.com/markets/crypto ... nia-market
User avatar
superfrank
Posts: 2747
Joined: Fri Aug 14, 2009 8:28 pm

Warren Buffet's sidekick Charlie Munger calls Bitcoin, "disgusting and contrary to the interests of civilization".

https://www.marketwatch.com/story/berks ... 2021-05-01

One of the great things about Bitcoin is that it upsets all the right people!
User avatar
alexmr2
Posts: 390
Joined: Wed Sep 26, 2018 12:32 am

Doge goes back to the top ahead of the appearance of Elon Musk on TV. Market has already factored it in so hard to say where it will go from here. I'm a believer in holding long term but these super high away from MA line points are tempting to scale out and try to buy back lower
1620429999548 (1).jpg
You do not have the required permissions to view the files attached to this post.
Last edited by alexmr2 on Sat May 08, 2021 12:36 am, edited 1 time in total.
User avatar
alexmr2
Posts: 390
Joined: Wed Sep 26, 2018 12:32 am

Reminder of what happened to XRP
Screenshot_20210508-003534_WhatsApp.jpg
You do not have the required permissions to view the files attached to this post.
Post Reply

Return to “Trading Financial markets”