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| hank Member Since: 12 Sep 2016 Location: South Wales Posts: 2296   
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Yes. I was lucky and bought a stack of Ethereum in 2018 at around £95 per coin. I also have some Bitcoin, XRP and recently took a punt on Cardano.
I’m not really in to trading, just sit on it in the hope it will appreciate > 110 XS Double Cab |
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6th Jul 2021 7:15am |
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| Procta Member Since: 03 Dec 2016 Location: Sunderland Posts: 5163 
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Hank, how did you sign up that stuff? i have researched bitcoin, but i am suspecting that some of the sites are fakes. Defender TD5 90 ---/--- Peugeot 306 HDI hatch back
Success is 90% Inspiration and 4 minutes Preparation # you can make it! |
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6th Jul 2021 10:06am |
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| hank Member Since: 12 Sep 2016 Location: South Wales Posts: 2296
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I use Coinbase to buy crypto currencies and sit on them, and Binance to trade/exchange them. Don't do a lot with binance any more though, just have what I've bought sitting in Coinbase rising and falling with the market > 110 XS Double Cab
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6th Jul 2021 10:25am |
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| excossack Member Since: 22 Feb 2012 Location: North West Posts: 5843 
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I use the same. My Eth are sitting with Binance at the mo. Still getting my head around it. 1999 Defender TD5 110
Regards John M0VAZ Econet Station 48 no clock |
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6th Jul 2021 10:32am |
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| AMBxx Member Since: 24 Jul 2016 Location: York Posts: 1031 
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Good to read this first:
https://www.bbc.co.uk/news/business-57632831 |
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6th Jul 2021 11:25am |
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| mikeh501 Member Since: 07 Jan 2013 Location: United Kingdom Posts: 1142
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I did about 6 month of hardcore coin trading a couple of years ago in the last bubble. id definately question whether you could call it a 'investment'..... after having done it for a while, id definately call it gambling
 Definately dont put in what you cant afford to lose. |
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6th Jul 2021 11:46am |
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| AMBxx Member Since: 24 Jul 2016 Location: York Posts: 1031
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>>>> id definately question
Are you H? |
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6th Jul 2021 11:59am |
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| mikeh501 Member Since: 07 Jan 2013 Location: United Kingdom Posts: 1142
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Definitely
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6th Jul 2021 12:00pm |
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| kenzle8a Member Since: 12 Feb 2020 Location: None Posts: 1074 
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Its the biggest ponzi scheme I've ever seen, the hidden market forces behind it are immense.
The underlying block chain technology is rather interesting (PoW PoS etc) as well as smart contracts, but I wouldn't call it an investment. Its Russian Roulette with 5 out of 6 chambers loaded. |
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6th Jul 2021 12:01pm |
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| 90 Dreamer Member Since: 13 Jul 2019 Location: Oop North Posts: 2147 
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and anytime Musk goes off on one it has a stratospheric fall..............
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6th Jul 2021 12:07pm |
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| Bows Member Since: 07 May 2012 Location: Wales Posts: 513 
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It’s a very divisive topic, some people are very keen and some are very against it. I have some too, I’ve got some Eth, btc, xrp, Ada, bnb and some link. It’s such a fascinating industry. I read about a bloke who had to go into rehab because he was addicted to checking his crypto. 2006 TD5110 station wagon
1995 300Tdi 90 truck cab 1989 90 hard top with 200 tdi 1983 110 hard top 1983 110 Hi cap 1954 107 pick up |
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6th Jul 2021 12:32pm |
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| hank Member Since: 12 Sep 2016 Location: South Wales Posts: 2296
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After dabbling in it for a quite some time I have come to the conclusion that the only way to make money from it is to invest early in the blind hope that the particular coin becomes popular like Bitcoin or Ethereum otherwise you just ride the ups and downs
I was lucky in that I jumped on the bandwagon early whilst prices were still low and benefited from the boom. > 110 XS Double Cab |
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6th Jul 2021 12:37pm |
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| excossack Member Since: 22 Feb 2012 Location: North West Posts: 5843
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My £45 of ETH is now worth $144.... 1999 Defender TD5 110
Regards John M0VAZ Econet Station 48 no clock |
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6th Jul 2021 1:37pm |
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| hank Member Since: 12 Sep 2016 Location: South Wales Posts: 2296
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Haha! Mine has appreciated to the tune of 1755%. Cant retire quite yet but better return than the banks can offer > 110 XS Double Cab
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6th Jul 2021 4:30pm |
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