My investment, WTF happened?

Thread: My investment, WTF happened?

  1. ilscuro's Avatar

    ilscuro said:

    Shit My investment, WTF happened?

    I jumped on the cryptocurrency bandwagon last Christmas when Bitcoin was soaring, i invested around 800 not a massive amount i know, but as of today my portfolio is worth 86

    Any other big losers?
     
  2. satzzz's Avatar

    satzzz said:

    Default Re: My investment, WTF happened?

    9k currently 3.5k

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  3. ivrytwr3's Avatar

    ivrytwr3 said:

    Default Re: My investment, WTF happened?

    everyone is down unless you took profits. I'm looking at Binance right this second and considering chucking in more fiat. I do not know if these prices are a bargain or crypto is dying.
     
  4. DJ Overdose's Avatar

    DJ Overdose said:

    Default Re: My investment, WTF happened?

    Crypto wont be dying, it will likley be sabotaged by third parties.

    IMO it IS the future, just needs to have all the wannabes taken out the loop with their latest crypto currency.


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  5. ss30's Avatar

    ss30 said:

    Default Re: My investment, WTF happened?

    If I were you lot I would hold, you have only lost if you cash out now. Crypto is the future it will go back up but they might go a lot lower first.
    Last edited by ss30; 10th December 2018 at 08:00 AM.
     
  6. satzzz's Avatar

    satzzz said:

    Default Re: My investment, WTF happened?

    100% holding. I can sit on it for years. I'm not missing it.
    Quote Originally Posted by ss30 View Post
    If I were you lot I would hold, you have only lost if you cash out now. Crypto if the future it will go back up but they might go a lot lower first.
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  7. JonEp's Avatar

    JonEp said:

    Default Re: My investment, WTF happened?

    Treating bitcoin as a commodity rather than as a currency has created the highs and now the lows.

    Effectively a pyramid scheme as far as I can tell waiting to collapse.

    Once it does maybe it can move on as a decentralised currency as intended.
    Last edited by JonEp; 8th December 2018 at 09:23 PM.
     
  8. Bald Bouncer's Avatar

    Bald Bouncer said:

    Default Re: My investment, WTF happened?

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    Been going down for a year now and I don't see that changing
     
  9. BigBrand's Avatar

    BigBrand said:

    Default Re: My investment, WTF happened?

    Down 4k overall.
     
  10. piggzy's Avatar

    piggzy said:

    Default Re: My investment, WTF happened?

    You jumped in at the wrong time. Dont worry though. Only loss if you sell now.

    Hold.... it will rise imho.

    2018 got no bull run but many other years did. Signs already showing increased volume and some BIG buy walls.
    Too early to say anything concrete.
     
  11. BigBrand's Avatar

    BigBrand said:

    Default Re: My investment, WTF happened?

    We've got no fucking option but to hold haha
     
  12. Rick Sanchez's Avatar

    Rick Sanchez said:

    Default Re: My investment, WTF happened?

    One of the lads I went to school scammed thousands of people out of millions over the years. His last stunt earned him $1.4m.
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  13. WillD's Avatar

    WillD said:

    Default Re: My investment, WTF happened?

    1000 down to 138
     
  14. Mystical_2K's Avatar

    Mystical_2K said:

    Default Re: My investment, WTF happened?

    I lost about 250 so nothing massive, just dipping my toe in at the time.
    If I had invested more I would be holding onto it rather than cash out like I have.
    You know he grew up as a little shitspark from the old shitflint and then he turned into a shitbonfire and driven by the winds of his monumental ignorance he turned into a raging shitfirestorm. If I get to be married to Barb I'll have total control of Sunnyvale and then I can unleash the shitnami tidal wave that will engulf Ricky and extinguish his shitflames forever. And with any luck he'll drown in the undershit of that wave. Shitwaves.
     
  15. beerman's Avatar

    beerman said:

    Default Re: My investment, WTF happened?

    Quote Originally Posted by Rick Sanchez View Post
    One of the lads I went to school scammed thousands of people out of millions over the years. His last stunt earned him $1.4m.
    An old member on here was part of a 6.5million credit card fraud. Whatever happened to Elwood?
     
  16. piggzy's Avatar

    piggzy said:

    Default Re: My investment, WTF happened?

    Patience young grasshopper.....
     
  17. {{909}}'s Avatar

    {{909}} said:

    Default Re: My investment, WTF happened?

    so is now a good time to invest? I have some cash back home I can't do much with here in China, I could shift it into BTC I guess.
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  18. Bald Bouncer's Avatar

    Bald Bouncer said:

    Default Re: My investment, WTF happened?

    Quote Originally Posted by {{909}} View Post
    so is now a good time to invest? I have some cash back home I can't do much with here in China, I could shift it into BTC I guess.
    No one can really answer that with any confidence, it's gambling and like asking if a horse is a good bet, if you want confirmation of that have a look through some of the older bitcoin threads and see people saying when it was nearly double the value THIS IS THE TIME TO INVEST - you also see people saying you haven't actually lost anything until you cash out but the reverse is also true and when it was going up and people raving about how much they have made. My opinion is if you don't mind or can afford to lose it all then have a punt but if you are looking to store a bit of cash with the chance of a big reward but still have it if it dosen't pay off then buy some premium bonds.