Crypto Blowing Up

[slokor]

Originally Posted by agent006140

it is always good to hear both pros and cons,

But youre only full of cons.
And you havnt answered the question - do you or do you not own any crypto? Are you actually invested in this or are you just tossing comments from the peanut gallery?

[rsot]

Originally Posted by slokor

But youre only full of cons.
And you havnt answered the question - do you or do you not own any crypto? Are you actually invested in this or are you just tossing comments from the peanut gallery?

Morning chuckle and yet still true questions

[agent006140]

Originally Posted by slokor

But youre only full of cons.
And you havnt answered the question - do you or do you not own any crypto? Are you actually invested in this or are you just tossing comments from the peanut gallery?

I own a few shares of GBTC and ETHE.
You are too insecure to be a risk taker,if anyone who posts about crypto upset you on a forum like ASPKIN ,you are taking on too much risk!

[james_112233]

https://www.bbc.co.uk/news/business-57632831

Binance banned in the UK from the 30th June I believe

Had to sell all of my Ethereum at a loss of about 3 grand to get the hell out of there. Not going to risk keeping a penny in a banned exchange.

Gutted to say the least.

[JamesNorth101]

Originally Posted by james_112233

https://www.bbc.co.uk/news/business-57632831

Binance banned in the UK from the 30th June I believe

Had to sell all of my Ethereum at a loss of about 3 grand to get the hell out of there. Not going to risk keeping a penny in a banned exchange.

Gutted to say the least.

Hate to tell you this but you really didnt need to do that

[handyman]

Originally Posted by james_112233

https://www.bbc.co.uk/news/business-57632831

Binance banned in the UK from the 30th June I believe

Had to sell all of my Ethereum at a loss of about 3 grand to get the hell out of there. Not going to risk keeping a penny in a banned exchange.

Gutted to say the least.

I take it you missed this part?

"Binance's existing crypto exchange is not UK-based so despite the FCA ruling, there will be no impact on UK residents who use the website to purchase and sell cryptocurrencies."


Also, how the hell did you lose that much?

[slokor]

Originally Posted by agent006140

I own a few shares of GBTC and ETHE.
You are too insecure to be a risk taker,if anyone who posts about crypto upset you on a forum like ASPKIN ,you are taking on too much risk!

LOL!!!
Maybe you need to go over a few years worth of posts to realize how absurd your comments are friend.
As the saying goes - 'you know nothing agent006140'

[Soundofsilence]

Whoever doesn't understand the inside story of what is "blockchain" , "cryptographic hash function" and how and what is it that is securing the crypto coins and last but not the least what is private key of crypto wallet and why you should have it in your hand instead of using exchanger's wallet. All those people who has no clue about any of the above terms will live in darkness and loose money by getting influenced by the poor crowd and regret infinitely in the end. It doesn't take more than 24 hours for common man to dig deep into web and get complete information about above mentioned terminology which is the foundation of future finance.

[SaiJin]

Originally Posted by james_112233

https://www.bbc.co.uk/news/business-57632831

Binance banned in the UK from the 30th June I believe

Had to sell all of my Ethereum at a loss of about 3 grand to get the hell out of there. Not going to risk keeping a penny in a banned exchange.

Gutted to say the least.

James, do you have a friend who is a trader that you can talk to?

From your previous posts it sounded that you are rather new to trading.
You came in when it's hot and you exited when it's cold.

I suggest you find a friend like that to keep you calm so you don't make FUD decisions.

[james_112233]

Originally Posted by SaiJin

James, do you have a friend who is a trader that you can talk to?

From your previous posts it sounded that you are rather new to trading.
You came in when it's hot and you exited when it's cold.

I suggest you find a friend like that to keep you calm so you don't make FUD decisions.

Still holding my position in coinbase
I just had Eth in binance.

[james_112233]

Originally Posted by handyman

I take it you missed this part?

"Binance's existing crypto exchange is not UK-based so despite the FCA ruling, there will be no impact on UK residents who use the website to purchase and sell cryptocurrencies."


Also, how the hell did you lose that much?

I'm all in.

[handyman]

Originally Posted by james_112233

I'm all in.

I hope you didn't buy at the top.

[james_112233]

Originally Posted by handyman

I hope you didn't buy at the top.

Bitcoin yes, but ETH I bought at the bottom if that's what you can call it

If we can go back to 47,000 GBP or more I stand to make a profit. So I'm hoping that happens this year.

The only reason I got out of binance at a loss is because I was worried I will lose access to my account in a few days time. Fear got me.

[james_112233]

Originally Posted by Soundofsilence

Whoever doesn't understand the inside story of what is "blockchain" , "cryptographic hash function" and how and what is it that is securing the crypto coins and last but not the least what is private key of crypto wallet and why you should have it in your hand instead of using exchanger's wallet. All those people who has no clue about any of the above terms will live in darkness and loose money by getting influenced by the poor crowd and regret infinitely in the end. It doesn't take more than 24 hours for common man to dig deep into web and get complete information about above mentioned terminology which is the foundation of future finance.

To be honest I'm not a tech head that loves the technology behind it, just like the masses I'm here to make some money and get out. So I understand I'm gambling.

[handyman]

Originally Posted by james_112233

Bitcoin yes, but ETH I bought at the bottom if that's what you can call it

If we can go back to 47,000 GBP or more I stand to make a profit. So I'm hoping that happens this year.

Take it from someone who's been in this since the last bull cycle (and had his investment go to practically nothing for years, until this bull cycle), the lows always get lower and you will be left speechless.

The safest strategy is to put in a few hundred per month (if you can afford it) regardless of the market state and average out your purchases. Never FOMO into anything.

[rsot]

Originally Posted by handyman

Take it from someone who's been in this since the last bull cycle (and had his investment go to practically nothing for years, until this bull cycle), the lows always get lower and you will be left speechless.

The safest strategy is to put in a few hundred per month (if you can afford it) regardless of the market state and average out your purchases. Never FOMO into anything.

Cost averaging on the dips

[james_112233]

What were some of you saying ... my gut instinct was correct.

https://www.ft.com/content/2d427ed7-...tC87FRPip0Q4qU

Binance have locked people out from withdrawing their funds.

I'll eat my loss and stick to FCA approved exchanges. Coinbase might be expensive but atleast they have their licenses to operate.

[rsot]

Originally Posted by james_112233

What were some of you saying ... my gut instinct was correct.

https://www.ft.com/content/2d427ed7-...tC87FRPip0Q4qU

Binance have locked people out from withdrawing their funds.

I'll eat my loss and stick to FCA approved exchanges. Coinbase might be expensive but atleast they have their licenses to operate.

The article seems only available to subscribers but, regardless, that's the inherent problem with some platforms - they control your crypto....they can lock ppl, delay transfers, or...worse, get hacked

[handyman]

Originally Posted by james_112233

What were some of you saying ... my gut instinct was correct.

https://www.ft.com/content/2d427ed7-...tC87FRPip0Q4qU

Binance have locked people out from withdrawing their funds.

I'll eat my loss and stick to FCA approved exchanges. Coinbase might be expensive but atleast they have their licenses to operate.

That link requires you to subscribe to read but a quick google came up with this:
https://www.ft.com/content/2d427ed7-...4-46429b19df5d

Again you are declaring the sky to be falling over absolutely nothing, but this time you did even worse since even the title shows that what you have just said isn't actually the case: "Binance customers locked out of sterling withdrawals and deposits"

As the article goes on to mention, other currencies and and transfers to other wallets/exchanges are still allowed.

[xb37x]

Originally Posted by james_112233

What were some of you saying ... my gut instinct was correct.

https://www.ft.com/content/2d427ed7-...tC87FRPip0Q4qU

Binance have locked people out from withdrawing their funds.

I'll eat my loss and stick to FCA approved exchanges. Coinbase might be expensive but atleast they have their licenses to operate.

glad I spent hefty fees on transferring most of my funds over to both Coinbase wallets..

[SaiJin]

Originally Posted by handyman

Take it from someone who's been in this since the last bull cycle (and had his investment go to practically nothing for years, until this bull cycle), the lows always get lower and you will be left speechless.

The safest strategy is to put in a few hundred per month (if you can afford it) regardless of the market state and average out your purchases. Never FOMO into anything.

You were there when it hit the first high $20k ?

[james_112233]

Whos still buying the dip ? can't wait to see what happens at the end of the year.