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Post by elephantrosie on Jul 4, 2019 19:03:13 GMT
Which platform do you used?
How difficult is it to withdraw the money?
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Post by dan1 on Jul 4, 2019 19:11:53 GMT
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Post by moneyfrr on Jul 18, 2019 16:14:54 GMT
Which platform do you used? How difficult is it to withdraw the money? Too much volatility to keep any serious money. And lots of platforms have been raided, so not a good place to keep your coins.
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one21
Member of DD Central
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Post by one21 on Jul 18, 2019 17:03:18 GMT
Which platform do you used? How difficult is it to withdraw the money? Too much volatility to keep any serious money. And lots of platforms have been raided, so not a good place to keep your coins. Coinfloor is reputed to be the most reliable and secure. I sold at the wrong time earlier in the year when it was going down down down! Finally lost nerve and sold at its lowest price 2.5k but still managed a small profit! (should have held on) Would not contemplate entering at current price personally, as I originally bought 2.2k . Cannot be sure but I think 'Whales' control the market which swallow the smaller fish every so often!
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bigfoot12
Member of DD Central
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Post by bigfoot12 on Jul 19, 2019 6:14:55 GMT
Which platform do you used? How difficult is it to withdraw the money? I have never actually owned any bitcoin. But I have bet on price movements on a spread bet - I used IG. You do need to understand what you are doing and be careful with the size if you go this route. One thing to realise is that you are not selling GBP. If you buy bitcoin on a spread bet and the the coin remains unchanged vs $, but the pound falls you won't make money like you would if you converted GBP into Bitcoin. (Equally if the pound rises you won't lose; you could place a similar sized bet on GBP/USD at the same time.) No CGT on spread bets. You do need to understand the financing - work out for yourself what the daily funding will be.
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r00lish67
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Post by r00lish67 on Mar 12, 2020 11:43:24 GMT
Hope no-one was using Bitcoin for their flight to safety.  |
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Post by gravitykillz on Mar 12, 2020 12:11:07 GMT
Even with that fall it is still ridiculously overpriced.
I'm a buyer at £500 per bitcoin.
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toffeeboy
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Post by toffeeboy on Mar 12, 2020 13:56:49 GMT
Which platform do you used? How difficult is it to withdraw the money? Revolut allows bitcoin trading, I brought some a while ago but sold out as far too volatile for my liking.
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bigfoot12
Member of DD Central
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Post by bigfoot12 on Mar 12, 2020 14:38:34 GMT
Even with that fall it is still ridiculously overpriced. I'm a buyer at £500 per bitcoin. I think that is roughly the price I sold at!
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Post by martin44 on Jun 29, 2020 19:52:08 GMT
Hope no-one was using Bitcoin for their flight to safety. Had they held or bought at the bottom.. they would have made a nice profit, by early June it was over 10000, and still over 9000 today.
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Post by martin44 on Nov 21, 2020 17:25:06 GMT
Bullrun underway if your interested  
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Post by martin44 on Nov 21, 2020 17:36:39 GMT
@wallstreet ... had you risked your arm on june 30 ... your above post date, you would have got bitcoin for a nats over 9000, its trading today at +18000 ... 100% gain in 5 months  |
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Post by martin44 on Nov 23, 2020 23:51:31 GMT
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Post by martin44 on Nov 25, 2020 23:54:47 GMT
Even with that fall it is still ridiculously overpriced. I'm a buyer at £500 per bitcoin. If only...
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IFISAcava
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Post by IFISAcava on Nov 26, 2020 10:12:28 GMT
I think one would probably be wise to have a small toe dipped into the crypto water as part of diversification, and especially with government debt rising everywhere.
My goal is 0.5% of investments. Not there yet.
If it disappears, can afford to lose it.
it it takes off, won't miss out.
I see at as a long term hold (10 years+) - too volatile for shorter term, unless you relish high stakes day trading.
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