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Issue with investing in Bitcoin
Comments
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Rickster1978 wrote: »Could someone post me in the direction of the correct authority to report Skybet to please? I ‘invested’ £50 in a dead cert yesterday and it fell at the first.
You owe me £25 for a new keyboard.0 -
Hi,
Over the past few months I began investing in Bitcoin.
You haven't been investing, and Bitcoin is irrelevant. You have been gambling on a binary trading website.
Essentially, what you have done is gone into a casino, and asked a random stranger to bet your money for you on a random game such as roulette. Allowing him to keep a percentage of any winnings.
This stranger doesn't care about the outcome, so makes random bets knowing he will cream of commission for any wins. This stranger may also be taking kick backs from the casino.
As with roulette, binary trading has a negative expectation. You were always going to lose the money.0 -
Reluctantpensioner wrote: »"In any deal, if you don't know who's being screwed - it's you".
Never heard that one before, love it!! And so true!!0
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