Re: The latest price of a Bit-coin.
Posted: Thu Dec 05, 2024 10:20 am
I’ll keep my money in Lego for now
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For once in my life I’ve been sensible. I’ve probably invested 3.5k over 6 years. I’ve taken about 5k out so I’m up. Got over double that in my account.CEB2ElectricBoogaloo wrote: ↑Thu Dec 05, 2024 9:57 am What is your (anyone who invested) plan for when you will decide to take the money and have it as actual money?
I still just don’t get it because it just feels like a glorified pyramid scheme
Just because its gone up after you sold does not make it a mistake. Nobody can ever predict the top (or bottom) of a price fluctuation. As long as you are comfortable with your profit level (and equally comfortable when it drifts into loss territory) then you are doing well.Rich Tea Wellin wrote: ↑Thu Dec 05, 2024 10:55 pmFor once in my life I’ve been sensible. I’ve probably invested 3.5k over 6 years. I’ve taken about 5k out so I’m up. Got over double that in my account.CEB2ElectricBoogaloo wrote: ↑Thu Dec 05, 2024 9:57 am What is your (anyone who invested) plan for when you will decide to take the money and have it as actual money?
I still just don’t get it because it just feels like a glorified pyramid scheme
I’m a bit if a traitor but I sell the odd bit so I feel like I’m making actual money. I’ve made 4K in a month and sold off 1k and let the rest roll. Technically it’s a mistake because it’s gone up since I’ve sold and long term it’s probably not the greatest plan but it makes me feel like I’m getting something tangible out of it
So you’ve decided to miss the boat because of your morals and ethics?Long slender neck wrote: ↑Fri Dec 06, 2024 8:46 am Its not fun, you are propping up the currency of choice for criminals (org crime, drugs, fraudsters, hackers and rogue states) and destroying the environment. And its because you're greedy.
Morals and ethics yes, not something an accountant would understand. Of course felon Trump is on board with his mate Elon.Hoover Attack wrote: ↑Fri Dec 06, 2024 8:53 amSo you’ve decided to miss the boat because of your morals and ethics?Long slender neck wrote: ↑Fri Dec 06, 2024 8:46 am Its not fun, you are propping up the currency of choice for criminals (org crime, drugs, fraudsters, hackers and rogue states) and destroying the environment. And its because you're greedy.
All of the above was nonsense put about by those that didn’t want digital currency to take over the established state of things. But no one is spouting that anymore. Even America are in the process of announcing they’re on board (presumably they already are but they’re about to go public).
Of course not, but at least it has a use besides criminality.Currywurst and Chips wrote: ↑Fri Dec 06, 2024 9:01 am Making an argument for fiat currency on the basis that it’s free of use by organised crime, fraudsters et al and the pursuit of it does no damage to the environment is quite a take
He. On a roll.Long slender neck wrote: ↑Fri Dec 06, 2024 9:20 amMorals and ethics yes, not something an accountant would understand. Of course felon Trump is on board with his mate Elon.Hoover Attack wrote: ↑Fri Dec 06, 2024 8:53 amSo you’ve decided to miss the boat because of your morals and ethics?Long slender neck wrote: ↑Fri Dec 06, 2024 8:46 am Its not fun, you are propping up the currency of choice for criminals (org crime, drugs, fraudsters, hackers and rogue states) and destroying the environment. And its because you're greedy.
All of the above was nonsense put about by those that didn’t want digital currency to take over the established state of things. But no one is spouting that anymore. Even America are in the process of announcing they’re on board (presumably they already are but they’re about to go public).
Crypto has a use as well, 1. Hedge against inflation 2. Pure speculation 3. Vehicle to the moonLong slender neck wrote: ↑Fri Dec 06, 2024 9:21 amOf course not, but at least it has a use besides criminality.Currywurst and Chips wrote: ↑Fri Dec 06, 2024 9:01 am Making an argument for fiat currency on the basis that it’s free of use by organised crime, fraudsters et al and the pursuit of it does no damage to the environment is quite a take