Crypto currency (IF banned from CA)

Oasis1878 · August 12, 2021

I occasionally add small amounts of £ to mine but that’s about it. Taken out my stakes over time so what’s left is just profit so not arsed if it was to all come crashing down to zero tomorrow. Have around £700 profit sat in the account (£150 stake taken out) so not too bad.

I find it best to not even bother looking at it much as holding for potential long term profit, looking regularly just adds anxiety to deposit more/panic/sell at wrong time etc etc.

CharliePotato · August 13, 2021

Toast said:
View attachment 135924

All well and good but some sort of financial freedom does help, regardless of what people say.

YoboCopter · August 13, 2021

Joel Brookes said:
I occasionally add small amounts of £ to mine but that’s about it. Taken out my stakes over time so what’s left is just profit so not arsed if it was to all come crashing down to zero tomorrow. Have around £700 profit sat in the account (£150 stake taken out) so not too bad.

I find it best to not even bother looking at it much as holding for potential long term profit, looking regularly just adds anxiety to deposit more/panic/sell at wrong time etc etc.

Totatlly agree but i struggle to not look haha

Oasis1878 · August 13, 2021

YoboCopter said:
Totatlly agree but i struggle to not look haha

Yeah I did at first, I became too obsessive and too worried by hourly changes. I just have a widget on the home screen of my phone which shows 6 markets (price & change +/-) but jot at my actual amount

nikom court · August 13, 2021

i know its easier said than done but the worst thing you can do is worry about short term market changes,
long term thinking!

GrandOldTeam · August 13, 2021

All the money these crypto tight arses make and they never have a £2 a month GOT sub do they?

Maybe we should start accepting crypto subs?

YoboCopter · August 13, 2021

GrandOldTeam said:
All the money these crypto tight arses make and they never have a £2 a month GOT sub do they?

Maybe we should start accepting crypto subs?

If we can talk about glyfi al send u a fiver

JimmyJeffers · August 13, 2021

YoboCopter said:
If we can talk about glyfi al send u a fiver

Wouldn’t really be off topic on this thread

YoboCopter · August 13, 2021

JimmyJeffers said:
Wouldn’t really be off topic on this thread

Thats what made me think

nikom court · August 14, 2021

nikom court · August 15, 2021

you can now buy bitcoin at poundland.
you can buy £25 vouchers,it uses the layer 2 lighting network (that nobody uses lol )
it costs an additional £2.50 but its kyc friendly (anonymous)

DuuuncanHadaPigeon · August 16, 2021

nikom court said:
View attachment 136076

I am not Ethereums biggest fan but this doesn't really make much sense. Many of these same arguments can be made against BTC

DuuuncanHadaPigeon · August 16, 2021

nikom court said:
you can now buy bitcoin at poundland.
you can buy £25 vouchers,it uses the layer 2 lighting network (that nobody uses lol )
it costs an additional £2.50 but its kyc friendly (anonymous)

This interests me from the non KYC point of view. The lightning capacity is still very small though, adoption is still very low and it has been around for years.