LinuxQuestions.org
Help answer threads with 0 replies.
Home Forums Tutorials Articles Register
Go Back   LinuxQuestions.org > Forums > Non-*NIX Forums > General
User Name
Password
General This forum is for non-technical general discussion which can include both Linux and non-Linux topics. Have fun!

Notices


Closed Thread
  Search this Thread
Old 01-14-2021, 09:53 AM   #16
hazel
LQ Guru
 
Registered: Mar 2016
Location: Harrow, UK
Distribution: LFS, AntiX, Slackware
Posts: 7,628
Blog Entries: 19

Rep: Reputation: 4462Reputation: 4462Reputation: 4462Reputation: 4462Reputation: 4462Reputation: 4462Reputation: 4462Reputation: 4462Reputation: 4462Reputation: 4462Reputation: 4462

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, 11:04 AM   #17
DavidMcCann
LQ Veteran
 
Registered: Jul 2006
Location: London
Distribution: PCLinuxOS, Salix
Posts: 6,145

Rep: Reputation: 2314Reputation: 2314Reputation: 2314Reputation: 2314Reputation: 2314Reputation: 2314Reputation: 2314Reputation: 2314Reputation: 2314Reputation: 2314Reputation: 2314
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, 12:27 PM   #18
enorbet
Senior Member
 
Registered: Jun 2003
Location: Virginia
Distribution: Slackware = Main OpSys
Posts: 4,789

Rep: Reputation: 4435Reputation: 4435Reputation: 4435Reputation: 4435Reputation: 4435Reputation: 4435Reputation: 4435Reputation: 4435Reputation: 4435Reputation: 4435Reputation: 4435
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, 05:17 PM   #19
EuanT
LQ Newbie
 
Registered: Sep 2020
Posts: 15

Rep: Reputation: Disabled
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, 12:30 PM   #20
ondoho
LQ Addict
 
Registered: Dec 2013
Posts: 19,872
Blog Entries: 12

Rep: Reputation: 6053Reputation: 6053Reputation: 6053Reputation: 6053Reputation: 6053Reputation: 6053Reputation: 6053Reputation: 6053Reputation: 6053Reputation: 6053Reputation: 6053
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.
Attached Thumbnails
Click image for larger version

Name:	maim_2021-01-19_20-25-10.png
Views:	18
Size:	95.8 KB
ID:	35310  
 
Old 01-28-2021, 11:33 AM   #21
PenelopeRamping
LQ Newbie
 
Registered: Dec 2020
Posts: 1

Rep: Reputation: 0
I agree. I am only stating my trading journey with crypto.
 
  


Closed Thread



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is Off
HTML code is Off



Similar Threads
Thread Thread Starter Forum Replies Last Post
LXer: Understanding Bitcoin’s Legacy: What Was Satoshi’s Bitcoin Vision? LXer Syndicated Linux News 0 09-23-2018 12:04 AM
LXer: Getting Started in Bitcoin? Check Out These 5 Bitcoin Clients for Linux LXer Syndicated Linux News 0 12-16-2017 05:21 PM
Bitcoin-qt, Bitcoin Mining, and Tor in Slackware 14.1! deadstar32 Linux - Software 1 02-06-2016 01:04 PM
LXer: Buy! Buy! Buy! - into Openness LXer Syndicated Linux News 0 04-03-2007 07:17 PM
can you apply 2.6.x kernel config to 2.4.x safely/somewhat safely? silex_88 Linux - Software 3 12-09-2005 11:38 PM

LinuxQuestions.org > Forums > Non-*NIX Forums > General

All times are GMT -5. The time now is 11:39 AM.

Main Menu
Advertisement
My LQ
Write for LQ
LinuxQuestions.org is looking for people interested in writing Editorials, Articles, Reviews, and more. If you'd like to contribute content, let us know.
Main Menu
Syndicate
RSS1  Latest Threads
RSS1  LQ News
Twitter: @linuxquestions
Open Source Consulting | Domain Registration