FabSwingers.com forum: Crypto

By *exysoldier90 OP Man
over a year ago

Midlands

Any fellow investors on here?

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By (user no longer on site)
over a year ago

It’s dead I warned people a head off time that it was coming to a end

But the minute the miners started flooding the market with gpus should have been a real warning to get out

Even more so when nivida hold back 40xx because off it

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By *naswingdressWoman
over a year ago

Manchester (she/her)

You couldn't pay me to

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By *skyouneverknowMan
over a year ago

Calne

I'd rather buy a tulip

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By *ad boy maverickMan
over a year ago

basildon

"Any fellow investors on here?"

I chucked a few bob at it as a long term if it pays off great if not no worries

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By *red and daphneCouple
over a year ago

in the middle

Too confusing for us

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By (user no longer on site)
over a year ago

Yes, put a small amount in back when BTC was around £1000

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By *inaTitzTV/TS
over a year ago

Titz Towers, North Notts

Mine is invested in the South Sea Company

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By *hocolateBrownMan
over a year ago

bris

you can make money only in 2 ways

1. be lucky

2. be an insider

if you are not either dont invest.. oh by th eway i expecte them to crash another 30% by end of next year

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By (user no longer on site)
over a year ago

I'm an investor. 2024 is our year buy now

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By *wisted999Man
over a year ago

North Bucks

Cashed out chain link when the Chan pump was underway. Made a a decent amount.

Glad I’m not holding anymore.

I’m out the crypto for the foreseeable.

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By (user no longer on site)
over a year ago

A key function of currency is to facilitate transactions, i.e. allow buying and selling of goods.

So many crypto currencies are so small, I would argue they don't fulfill this function. Even the largest are rarely accepted even online.

So if you can't use them as currency, what's the point? It's a giant pyramid scheme. Any money made by some is money lost by others.

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By (user no longer on site)
over a year ago

"I'm an investor. 2024 is our year buy now

Nope or in less you pay a premium on selling

Basically without the miners trading can’t be done

And the miners are out hence the crash

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By *ovelifelovefuntimesMan
over a year ago

Where ever I lay my hat

"A key function of currency is to facilitate transactions, i.e. allow buying and selling of goods.

So many crypto currencies are so small, I would argue they don't fulfill this function. Even the largest are rarely accepted even online.

So if you can't use them as currency, what's the point? It's a giant pyramid scheme. Any money made by some is money lost by others. "

Widely accepted if you wish to buy arms, drugs, people or pay for services such as assassination.....

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By (user no longer on site)
over a year ago

I managed to turn £8,000 into £6,300 in just one week. Then the following month results weren’t as drastic as it took about 3 more weeks to turn that £6,300 into £5,400.

Absolute bunch of shite.

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By *rightonsteveMan
over a year ago

Brighton - even Hove!

"Too confusing for us"
. It’s crypto. It’s supposed to be.

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By *ophieslutTV/TS
over a year ago

Central

Not done it and I have no plans

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By (user no longer on site)
over a year ago

I have ada and xrp/xdc which seem like decent long term holds, no way an expert in this.

Funny people saying its all worthless blah blah, the pound which we all use is fiat currency which to quote wikipedia "Fiat money generally does not have intrinsic value and does not have use value. It has value only because the individuals who use it as a unit of account – or, in the case of currency, a medium of exchange – agree on its value."

If i knew what i was doing and had the cashflow i'd invest in lithium/fracking mining companies that sort of stuff I've seen that's taking off.

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By *rowninhertsMan
over a year ago

St Albans

Hold Lunc (Luna classic) bought right at the crash. +900% since then... also holding Lunat tokens.

Getting dividends in Lunc that is adding to the potty.

Every little helps.

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By *abioMan
over a year ago

Newcastle and Gateshead

After what happened to FTX in the past week I wouldn’t touch crypto with anyone else’s… let alone mine!

It’s a Ponzi scheme

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