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Old 01-14-2021, 10:53 AM   #16
hazel
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I don't see why anyone would want to hold a currency whose value shoots up and down like a demented yoyo. That's no way to save for your old age.
 
Old 01-14-2021, 12:04 PM   #17
DavidMcCann
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In Britain, the Financial Conduct Authority issued this warning:
Quote:
Investing in cryptoassets, or investments and lending linked to them, generally involves taking very high risks with investors’ money. If consumers invest in these types of product, they should be prepared to lose all their money.
 
Old 01-14-2021, 01:27 PM   #18
enorbet
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Quote:
Originally Posted by hazel View Post
I don't see why anyone would want to hold a currency whose value shoots up and down like a demented yoyo. That's no way to save for your old age.
I think many financial advisors agree that some percentage of one's investments should be solid, blue chip affairs but some smaller percentage can be wisely chosen high risk/high gain. We all know Bitcoin is pretty high risk but it does appear the trend over years is upward. I just read about a guy who lost his little piece of paper with his password for an account in which he had originally invested around $20,000, IIRC. He may have added to the original but his investment was always measured in mere ( heh, I say "mere".. sigh) thousands. Today it is worth $250,000,000.... he just can't get to it and has only 2 tries left. So I suppose that counts as risk, too, but that is an amazing fortune don't you think? That sort of risk is manageable. The return on investment is just crazy, but true. I don't see how it can ever totally go away, and I do think it will become even more important over time. It's too global and uncontrollable to stop or hack it all.
 
Old 01-18-2021, 06:17 PM   #19
EuanT
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Crypto currency trading

Have a look at www.etoro.com, a trading website, mainly stocks but also crypto currencies. You can invest modest sums (~$100) or substantially larger amounts. However CFDs (contracts for difference) and leveraged positions are AFAIK not permitted for crypto currencies. toro also permits a play (dummy portfolio) which you can use to practice trading without risking your own dosh.
 
Old 01-19-2021, 01:30 PM   #20
ondoho
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Quote:
Originally Posted by EuanT View Post
Have a look at www.spam.com, a trading website, mainly stocks but also crypto currencies. You can invest modest sums (~$100) or substantially larger amounts. However CFDs (contracts for difference) and leveraged positions are AFAIK not permitted for crypto currencies. toro also permits a play (dummy portfolio) which you can use to practice trading without risking your own dosh.
Nice collection of 3rd part javascript. See attachment. I call spam.
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Old 01-28-2021, 12:33 PM   #21
PenelopeRamping
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I agree. I am only stating my trading journey with crypto.
 
  


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