Reply to: Cryptocurrency

[willendure]

Yes. The change is it's only matter of time before the authorities clamp down on all this.

The authorities just approved the ETFs. Its spring time you hibernating bear.

[vetran]

[pr1]

still going https://www.tradingview.com/u/without_worries/

[BlueSharp]

Where is Scooty?

[eek]

Like taking base jumping lessons from a Lemming...
(Yes, I know it's a myth but...)

I’ve definitely seem lemmings base jumping - heck they even have parachutes

[Zigenare]

Wouldn't be so sure! Bubbles are a great way to make money, you just need to not drink the kool-aid and remember you're in a bubble.

Like taking base jumping lessons from a Lemming...
(Yes, I know it's a myth but...)

[JustKeepSwimming]

Indeed. I can tell for sure there is one less and judging by your post I'd say two.

Wouldn't be so sure! Bubbles are a great way to make money, you just need to not drink the kool-aid and remember you're in a bubble.

[northernladuk]

A lot of people got burnt, some a little (like me), some a lot. It will be genuinely interesting to see another bull run, just to see how many burn victims go in again.

Indeed. I can tell for sure there is one less and judging by your post I'd say two.

[JustKeepSwimming]

Christ, FFS is Crypto still a thing?

For the avoidance of doubt: cryptocurrencies are NOT an investment; they are, at best, a speculative Ponzi scheme entirely reliant upon the "the greater fool" theory.

A lot of people got burnt, some a little (like me), some a lot. It will be genuinely interesting to see another bull run, just to see how many burn victims go in again.

[northernladuk]

Yes good point and sound advice. This is an investment/gamble that can go up or down.
My suggestion was based on long term rather than 24 hours of riches.
Unlike alot of cryptos XRP is being used in the financial markets.
I am no expert so I do not expect anyone to invest based on my forum post - without doing their own research.
The risk of crypto market should be clear for everyone.

Yeah I get that and it's not for one miserable git like me to police it. The whole industry is based on people predicting. We've just been burnt by Spooter on here so a bit of us a bit overly touchy about it. Sad thing is you could be right this time, but we know spooter never was so once bitten and all that.

[wattaj]

Christ, FFS is Crypto still a thing?

For the avoidance of doubt: cryptocurrencies are NOT an investment; they are, at best, a speculative Ponzi scheme entirely reliant upon the "the greater fool" theory.

[marshall mathers]

This type of post really grinds my gears and it's the reason Spooter got chased off. You say fill your boots but since you put that it's over 8% down already. Spooter used to do this knowing full well filling your boots after a massive spike was gauranteed to lose people a lot of money as it dropped down the other side. Myself, and many others on here naively fell for it and some people (not me as I didn't put much in) lost an awful lot of money off his stupid comments. You tell people fill their boots when they are the peak of the trade, everyone buys on panic and many do it far too late, buy at a peak and will lose a lot of money when the (usually) inevitable crash hits.

Wrong advice, wrong message too late.

Yes good point and sound advice. This is an investment/gamble that can go up or down.
My suggestion was based on long term rather than 24 hours of riches.
Unlike alot of cryptos XRP is being used in the financial markets.
I am no expert so I do not expect anyone to invest based on my forum post - without doing their own research.
The risk of crypto market should be clear for everyone.

[northernladuk]

https://www.cnbc.com/2023/07/13/xrp-...t-the-sec.html

XRP - fill yer boots before it is too late.

Big win me thinks.

This type of post really grinds my gears and it's the reason Spooter got chased off. You say fill your boots but since you put that it's over 8% down already. Spooter used to do this knowing full well filling your boots after a massive spike was gauranteed to lose people a lot of money as it dropped down the other side. Myself, and many others on here naively fell for it and some people (not me as I didn't put much in) lost an awful lot of money off his stupid comments. You tell people fill their boots when they are the peak of the trade, everyone buys on panic and many do it far too late, buy at a peak and will lose a lot of money when the (usually) inevitable crash hits.

Wrong advice, wrong message too late.

[saptastic]

https://www.cnbc.com/2023/07/13/xrp-...t-the-sec.html

XRP - fill yer boots before it is too late.

Big win me thinks.

yes a big win for Ripple.

[marshall mathers]

Lots of talk about XRP/Ripple and SEC judgement coming soon............ whats the forecast? Load up XRP?

https://www.cnbc.com/2023/07/13/xrp-...t-the-sec.html

XRP - fill yer boots before it is too late.

Big win me thinks.