bitcoin trading.

Snow_Dog

ExremelyCautiousSocialist wrote: »

Without being able to have a conversation due to the trolls shutting things down, risks dont get talked about/ironed out. You create the opposite of helpful information. This is a Bitcoin thread is it not? Are you guys really worried about a moneysavingexpert sub forum somehow pumping the multi billion dollar global crypto market ?






If trolling is cool the forums content turn to junk.

Aegis is probably one of the last posters I would consider a troll as their posts are many and varied with a lot of useful advice on a whole range of financial subjects. Unlike one trick ponies with only one subject they can bang on about.........

ExremelyCautiousSocialist

Snow_Dog wrote: »

Aegis is probably one of the last posters I would consider a troll as their posts are many and varied with a lot of useful advice on a whole range of financial subjects. Unlike one trick ponies with only one subject they can bang on about.........

Well the point was made about the previous trolls for a start if you read back. But the trolls are all over the bitcoin topics anyway. My ID is for chats about crypto - think about it.



Im sure Aegis is a decent guy its cool.


Constant trolling everytime bitcoin is mentioned is not optimum approach if protection is the goal.



0% portfolio speculation for everyone no matter what person is also stupid and probably been advised for years with value left on the table - probably a ton of people going to misunderstand this point now...

short_butt_sweet

it's possible to be entertaining without trolling, and even to combine it with giving good advice

Lungboy

Just because people are anti bitcoin doesn't mean they are trolling.

dealer_wins

Jessica_King wrote: »

I do not really like cryptocurrency because it is so volatile and it has so many ups and downs, but of course it`s up to you to make the decision

Thanks for that wonderful insight lol

ExremelyCautiousSocialist

Lungboy wrote: »

Just because people are anti bitcoin doesn't mean they are trolling.

That applies to some people and they have good critique sometimes.



When considering speculating, its probably more important to consider it based on what the other 7 billion people in the world think or might think. Elsewhere on the internet you get a more balanced opinion.

Malthusian

ExremelyCautiousSocialist wrote: »

If you dont want to speculate on Bitcoin why troll the thread?

If you only want to talk about how terrific Bitcoin is with likeminded bagholders in the hope that a fresh load of suckers will believe it and pump the price again, Reddit is that way.

This a Savings & Investments forum and attempts to get people to buy into zero sum games so you can cash out and take their money will always be met with anything from ridicule to well-intentioned warnings. None of that qualifies as trolling.

0% portfolio speculation for everyone no matter what person is also stupid and probably been advised for years with value left on the table

If you speculate even 0.1% of your "portfolio" on Bitcoin then you are ignoring 3,000 other cryptocurrency zero-sum games. None of them have any more intrinsic value or growth potential than another, so if you invest in one you logically have to invest in all. Otherwise you risk investing in the wrong one, and the cryptocurrency you didn't invest in goes to the moon while the rest dump to zero. A trivial 0.1% in all 3,000 of them means 300% in cryptocurrency and no room in your portfolio for investments that actually generate external profit and produce a yield.

The only value left on the table is the real money exchanged for Bitcoins that hasn't been taken out by the minority who cashed out at a profit. (As this is a zero sum game at best, the proportion of players who make a profit are inherently a minority.) Absent a further pump (which adds more money to the table, but most of those who add it will still lose money), whoever cuts their losses and cashes out before it dumps to zero will get the rest of the value on the table.

Malthusian

ExremelyCautiousSocialist wrote: »

When considering speculating, its probably more important to consider it based on what the other 7 billion people in the world think or might think. Elsewhere on the internet you get a more balanced opinion.

I agree.

The vast majority of the 7 billion people on the planet have zero interest in Bitcoin or putting money into it so you can cash out at a profit.

EachPenny

ExremelyCautiousSocialist wrote: »

That applies to some people and they have good critique sometimes.

When considering speculating, its probably more important to consider it based on what the other 7 billion people in the world think or might think. Elsewhere on the internet you get a more balanced opinion.

Perhaps the content of posts on this forum is a reflection on it being a money saving website?

If people only want to hear the upside then I'm sure they will be able to find "howtoloseallmymoneyinascam dot com" if they go looking for it.

eskbanker

ExremelyCautiousSocialist wrote: »

That applies to some people and they have good critique sometimes.



When considering speculating, its probably more important to consider it based on what the other 7 billion people in the world think or might think. Elsewhere on the internet you get a more balanced opinion.

Elsewhere on the internet is probably a better place for discussing crypto speculation, rather than erroneously seeing it as relevant to saving or investing, which is what this board is all about....