We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Who's invested in Cryptocurrency

Options
2456713

Comments

  • darren72
    darren72 Posts: 1,303 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Thanks for your reply. I've since (only just) signed up to Binance through a referral link on here. Seems a little confusing, but there are plenty of guides to follow - so far so good.
  • MrToads
    MrToads Posts: 6 Forumite
    Naf wrote: »
    Over the past 18 months I've made quite a bit of profit (% wise) from Bitcoin. I purchased £100 worth, spent £90 across 12 months, and had £120 left at the end. That grew to around £800 before I withdrew £500 to invest in IOTA instead. I received another £150 from some BTC at launch, and $90. The value had climbed further but then dropped again before I took the rest out.

    I now have $1,000 in IOTA.

    I'm tinkering with it and trying to keep making some profit from simple buy low sell high. So far I manage to make the odd $10 here and there, but I'm getting better hahaha.

    I think putting cash in solid underlying tech is a good idea. Bosch group seem to agree with you too.
    Also invested in TRON for similar reasons, the tech vision is solid.
  • sfry
    sfry Posts: 117 Forumite
    Part of the Furniture 100 Posts Photogenic
    I bought XRP last September and so far it has increased by 1684.11% as of today.
  • ivormonee
    ivormonee Posts: 395 Forumite
    Fifth Anniversary 100 Posts Name Dropper
    Hi, I'm a member of many Facebook groups [...] I've been investing for several months now and In 2018 i'm hoping that my investments make me a millionaire due to the amount of holdings I have.

    Yes, the more holdings you have the more likely it is you will become a billionaire. And of course, being on Facebook helps, as you've pointed out! Also, did you know that IF YOU BOUGHT $5 OF BITCOIN 7 YEARS AGO, YOU’D BE $4.4 MILLION RICHER? So you can become a millionaire with just one holding too!
  • I’ve invested big in BitDegree of which it’s hit $0.53c on EtherDelta - this makes me well over £100,000
  • I’ve invested big in BitDegree of which it’s hit $0.53c on EtherDelta - this makes me well over £100,000

    I just searched for this online. It looks like the starting price was $0.34 and it did reach $0.53. Each BDG has risen by $0.19. For a £100k return you would have needed to invest approx. £178,000.

    Is this what you did? Or did you acquire the coin at the ICO stage. Either way would you like to enlighten the community how you made your profit (of £100,000)? I'm sure we'd all appreciate it.
  • I invested £2,000 in Litecoin, cashed out at £6,000 and don't think I'll touch crypto again.
    Mortgage Start - £188,714 | Overpayments Made - £0
  • My son (who has zero financial interest) is banging on about BC.

    It's a crazy bubble.
  • sixpence.
    sixpence. Posts: 295 Forumite
    Sixth Anniversary 100 Posts Name Dropper Combo Breaker
    If this was covered by my broker in my ISA I probably would have stuck a few hundred quid in to see what happens. It's not though and I can't be bothered to open up another account. Although it is tempting. What providers are you using?
  • dealer_wins
    dealer_wins Posts: 7,334 Forumite
    I prefer to by jars of air, at least Ive got something for my money ie jars!
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244K Work, Benefits & Business
  • 598.9K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.