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Buying BitCoin on the dip

Rheumatoid
Rheumatoid Posts: 1,048 Forumite
Part of the Furniture 500 Posts Photogenic Name Dropper
in Savings & investments
What do you reckon :grin:
16 Panel (250W JASolar) 4kWp, facing 170 degrees, 40 degree slope, Solis Inverter. Installed 29/9/2015 - £4700 (Norfolk Solar Together Scheme); 9.6kWh US2000C Pylontech batteries + Solis Inverter installed 12/4/2022 Year target (PVGIS-CMSAF) = 3880kWh - Installer estimate 3452 kWh:Average over 6 years = 4400 :j
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Comments

  • Browntoa
    Browntoa Posts: 49,612 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Has it hit the bottom though
    Ex forum ambassador

    Long term forum member
  • PeacefulWaters
    PeacefulWaters Posts: 8,495 Forumite
    Double dip due dude.
  • enjoyyourshoes
    enjoyyourshoes Posts: 1,093 Forumite
    Seventh Anniversary 1,000 Posts Combo Breaker
    Why would it go back up.?

    Where is the value?

    What does your crystal ball tell you that mine isn't?
    Debt is a symptom, solve the problem.
  • redux
    redux Posts: 22,976 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Anyone who piled in at the peak a few weeks ago can only see 40% of that value by lunchtime today.

    Is the next move up or down? Barely anyone knows for certain.
  • BananaRepublic
    BananaRepublic Posts: 2,103 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper Combo Breaker
    How is your blood pressure? :)

    There are those of us who consider buying Bitcoin today to be foolish, and those who consider it the future of money. Either way this is a huge gamble, so, do you feel lucky punk, do you? :D

    And since you ask, I wouldn't touch this Monopoly money with a barge pole.
  • Credit-Crunched
    Credit-Crunched Posts: 2,212 Forumite
    Never try to catch a falling knife
  • Bonnie151
    Bonnie151 Posts: 279 Forumite
    Part of the Furniture Combo Breaker
    If it drops to £1500 I’ll buy more. Until then I am staying in hibernation. :D
    Hmmmm, need new siggie :cool:
  • Rheumatoid
    Rheumatoid Posts: 1,048 Forumite
    Part of the Furniture 500 Posts Photogenic Name Dropper
    Credit-Crunched wrote: »
    Never try to catch a falling knife

    Learnt (?learned) my lesson buying in to Marconi and Somerfield on a 'dip' :rotfl:
    16 Panel (250W JASolar) 4kWp, facing 170 degrees, 40 degree slope, Solis Inverter. Installed 29/9/2015 - £4700 (Norfolk Solar Together Scheme); 9.6kWh US2000C Pylontech batteries + Solis Inverter installed 12/4/2022 Year target (PVGIS-CMSAF) = 3880kWh - Installer estimate 3452 kWh:Average over 6 years = 4400 :j
  • ValiantSon
    ValiantSon Posts: 2,586 Forumite
    Who knows?

    Personally, I'll sit this one out. There are much better things for me to waste my money on.
  • msallen
    msallen Posts: 1,494 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    Absolutely. I'm ready and waiting to pounce. I intend to buy a whole bitcoin when it dips to $1
This discussion has been closed.
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