OK I've got some spare GBP. Should I buy BTC now?
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Cryptocurrency
Collapse
X
Collapse
-
Last edited by Lockhouse; 17 January 2018, 10:18....my quagmire of greed....my cesspit of laziness and unfairness....all I am doing is sticking two fingers up at nurses, doctors and other hard working employed professionals...
-
You and the majority. The few who do are making a killing. Print that graph I put up yesterday of each year and hang it up on the wall with a plan to get out by the end of December.Originally posted by psychocandy View PostYeh still got to get my head around that. I still look at how much their all worth in $ and how much I can get if I cash out.
Have increased my alt-coinage by about a third over the last month without spending any more FIAT just by accumulating.
Reading the Ripple channel on Reddit, full of folks who bought in a $3+ with the suicide hotline on speed dial. "It's going to $10" - and yet no one mentioned where it came from 20 days earlier, $0.20c!
If you're seeing a 1000%-1500% gain on your alt, exchange into BTC. Don't be a 'New Paradigm' newbie."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
-
You'll be joining the millionaires club by the end of the year.Originally posted by VirtualMonkey View PostYour alts are all valued in BTC so even thoguh you don't have any actual BTC you have a value of them in your portfolio. As the alts go up in price relative to BTC you effectively gain BTC...which is what Scooter means. Assuming BTC goes up to where it's expected then it's a double winner...more bTC and higher value for it.
I started with 0.25 BTC and although it's now down to 1.34BTC (from highest of 1.6) I'm very pleased so far
If that BTC is in alt's and you accumulate up to 10 BTC."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
-
Here's hoping. 2 is the next aim...then 5...then 10. small stepsOriginally posted by scooterscot View PostYou'll be joining the millionaires club by the end of the year.
If that BTC is in alt's and you accumulate up to 10 BTC.Your friendly neighbourhood VirtualMonkey - Not giving financial advice since...well...ever.Comment
-
You've done well there. I started with a similar amount but still haven't managed to trade up to a whole bitcoin. Was up to 0.75 at one point, 0.56 at the moment.Originally posted by VirtualMonkey View PostYour alts are all valued in BTC so even thoguh you don't have any actual BTC you have a value of them in your portfolio. As the alts go up in price relative to BTC you effectively gain BTC...which is what Scooter means. Assuming BTC goes up to where it's expected then it's a double winner...more bTC and higher value for it.
I started with 0.25 BTC and although it's now down to 1.34BTC (from highest of 1.6) I'm very pleased so farComment
-
Current ALTs are:Originally posted by scooterscot View PostYou'll be joining the millionaires club by the end of the year.
If that BTC is in alt's and you accumulate up to 10 BTC.
SC, Zen, SALT, GNO, GEO, UKG, DNT, DCR, XMR, BCC, OMG, VTC, XVG, STEEM, 1ST, POWR, RDD, FTC, ADA, ETC, SYS, QTUM, SNT, XEM
Quite a range but only small amounts in eachYour friendly neighbourhood VirtualMonkey - Not giving financial advice since...well...ever.Comment
-
Originally posted by Lockhouse View PostOK I've got some spare GBP. Should I buy BTC now?
Yes. If you've got £1k to spend do this: 50% today. 50% tomorrow or the day after. If it's lower, you've hedged and bought at a better price overall. If it's higher and you bought in, you've paid for you hedge
Bavarian radio for you... now I'm thinking he's not singing about Bitcoin.
'You spin my head right round right round when you go down down'
"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
-
-
Originally posted by FrontEnder View PostYou've done well there. I started with a similar amount but still haven't managed to trade up to a whole bitcoin. Was up to 0.75 at one point, 0.56 at the moment.
lesson learned though...had i left it all in XLM, where I originally started, I owuld have had 60000 of them when I sold near the top....should have had about 4BTC worth by now. Won't be doing that again. Just need to ween myself off the daily checking of prices and leave it to my email alerts
Your friendly neighbourhood VirtualMonkey - Not giving financial advice since...well...ever.Comment
-
Awesome. Now just hold! (At least until May). And pay no attention to the dollar value.Originally posted by VirtualMonkey View PostCurrent ALTs are:
SC, Zen, SALT, GNO, GEO, UKG, DNT, DCR, XMR, BCC, OMG, VTC, XVG, STEEM, 1ST, POWR, RDD, FTC, ADA, ETC, SYS, QTUM, SNT, XEM
Quite a range but only small amounts in each
Holding about 30 different alt's myself, all of above except for UKG."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Umbrella company winding-up petitions in 2026: the practical guide for contractors Today 05:29
- Payments on Account deadline: what contractors must do before July 31st — maybe for the final few times Yesterday 08:01
- Andy Burnham's first 100 days: five things contractors need from the new PM Jul 27 00:53
- Starmer vs Burnham on housing: What their rival plans mean for your contractor mortgage Jul 22 00:59
- Burnham's housing vision vs. Starmer's home-buying reforms: what it means for your contractor mortgage Jul 22 00:59
- In Khalil v Innovate Transport, a limited company contractor wasn’t a worker and was on £2.30 — not £230 Jul 21 07:58
- Andy Burnham is PM: 5 new IT policies set to shape UK tech and its contractors Jul 20 06:29
- Taxed on money I haven't earned yet? Bold move, HMRC Jul 17 08:36
- The Fair Work Agency has got zero hours in its sights. Do you? Jul 16 08:44
- Cookie Policy Jul 15 11:50

Comment