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  #3021  
Old 12-01-2022, 05:55 PM
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Billyd Billyd is offline
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Quote:
Originally Posted by fish finger View Post
Update on my investment experiment.

Started 1 Sep 2021.

Current:

Cardano - down 60%
Ethereum - down 17%
Bitcoin - down 12%

Overall down 30%

Best I have been up is about 15% in mid November but that was all through Bitcoin.

Anyone think Cardano has any prospects? Or would you bail now?

This is all a bit more volatile than I'd thought but will defo stick with BTC and maybe ETH.
Keep with what you had. They are all fairly solid although Ada has been slow in establishing itself. It hasnt lived up to the hype as a platform just yet....The other 2 will always increase long term.

Id be looking to add with you have at the moment with some Solona. Its at great price and imo will get to £300-£400 relatively quickly. XRP would be my other suggestion but its court case really needs to resolve before the end of the bull market to reach its full potential (which could easily be £2-£3).
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  #3022  
Old 12-01-2022, 06:56 PM
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Neil 154 Neil 154 is offline
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Originally Posted by stwilley View Post
I haven't yet ventured into any form of bitcoin. Is there a beginners way of starting in terms of platform to use etc?
This is a great easy-to-understand 101 on Bitcoin - what it is and how to get into it. Worth a listen if you're a newbie


To view the link you have to Register or Login
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  #3023  
Old 12-01-2022, 07:49 PM
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Quote:
Originally Posted by Billyd View Post
Keep with what you had. They are all fairly solid although Ada has been slow in establishing itself. It hasnt lived up to the hype as a platform just yet....The other 2 will always increase long term.

Id be looking to add with you have at the moment with some Solona. Its at great price and imo will get to £300-£400 relatively quickly. XRP would be my other suggestion but its court case really needs to resolve before the end of the bull market to reach its full potential (which could easily be £2-£3).
Ada is my biggest loss 45%
XRP is my second 30% !!!
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  #3024  
Old 12-01-2022, 09:45 PM
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  #3025  
Old 12-01-2022, 09:46 PM
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Quote:
Originally Posted by stwilley View Post
I haven't yet ventured into any form of bitcoin. Is there a beginners way of starting in terms of platform to use etc?
Coinbase Pro is a good middle ground. Really simple to use and fees good compared to Coinbase. Limited selection but I also use Binance. Also easy to transfer back into GBP if you want to get off the roller-coaster for a bit.
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  #3026  
Old 13-01-2022, 09:39 AM
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Originally Posted by speagle View Post
Coinbase Pro is a good middle ground. Really simple to use and fees good compared to Coinbase. Limited selection but I also use Binance. Also easy to transfer back into GBP if you want to get off the roller-coaster for a bit.
Bitcoin has just bounced off the $40k support level. Should be a pretty bullush sign.
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  #3027  
Old 13-01-2022, 09:49 AM
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Quote:
Originally Posted by Billyd View Post
Bitcoin has just bounced off the $40k support level. Should be a pretty bullush sign.
Think this might be a big week or two.

If it drops much below 40k again I can see it hitting the 20s but..... stay above it for a while and confidence will go up. Greed is a powerful force and people want it to rocket... ease the fear a little and off we go. BTC will lead the pack but take the rest with it either way. Biggest gains and losses available in alts of course. Risk and reward the further down the list you go are exponential when btc is going up
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  #3028  
Old 13-01-2022, 03:11 PM
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Tried signing up for crypto.com. Via the app.

But links keep not working.

Any recommendations for other apps to download and start?

Anyone into NFT’s? Or is that for a different thread.
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  #3029  
Old 16-01-2022, 04:15 PM
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Quote:
Originally Posted by Isle of Wight View Post
Ada is my biggest loss 45%
XRP is my second 30% !!!
Wow you must have brought at a bad time near the highs.

Ada is a very hyped coin. In principle it should do ok but at the moment its not getting adoption. It should get back to £2 and maybe on to £3. I would keep until it gets there then probably sell.

XRP will increase in value but god knows when due to its court case. Id be looking for £3-5 prices to sell.

Nothing wrong with holding both.
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  #3030  
Old 16-01-2022, 05:01 PM
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What do people think of Decentraland?

Who do people look to follow for tips/advice?
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  #3031  
Old 16-01-2022, 05:15 PM
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Quote:
Originally Posted by Billyd View Post
Wow you must have brought at a bad time near the highs.

Ada is a very hyped coin. In principle it should do ok but at the moment its not getting adoption. It should get back to £2 and maybe on to £3. I would keep until it gets there then probably sell.

XRP will increase in value but god knows when due to its court case. Id be looking for £3-5 prices to sell.

Nothing wrong with holding both.
Yeah it’s only a small stake, as with all my bets, but I do know someone I work with that has a HUGE amount in Ada and it’s hit his savings hard.
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