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BITCOIN

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  • Type_45
    Type_45 Posts: 1,723 Forumite
    1,000 Posts Fifth Anniversary Name Dropper Combo Breaker
    Type_45 said:
    These are my investment splits at the moment. 

    I am now focused on increasing the cash for the rest of the year so the cash % will increase


    I am only a few years away from retirement, and my retirement portfolio is currently:

    28% Equities
    21% REIT
    21% Bonds
    16% Fixed pension
    11% BTL
    3% Cash

    I invest mainly for income, so I have no interest in either precious metals or crypto currency.




    My numbers above are just my savings.  Not my pension or my house.
  • chucknorris
    chucknorris Posts: 10,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 26 June 2021 at 9:54PM
    Type_45 said:
    Type_45 said:
    These are my investment splits at the moment. 

    I am now focused on increasing the cash for the rest of the year so the cash % will increase


    I am only a few years away from retirement, and my retirement portfolio is currently:

    28% Equities
    21% REIT
    21% Bonds
    16% Fixed pension
    11% BTL
    3% Cash

    I invest mainly for income, so I have no interest in either precious metals or crypto currency.




    My numbers above are just my savings.  Not my pension or my house.
    My home isn't included either, neither are my wife's investments, which are a different spread of investments, but not far behind mine in value. For about the last 11 years I have invested almost all of my salary into my pension (and I will continue to do so for the next  3 years), so it is too significant to leave out.
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • Scottex99
    Scottex99 Posts: 811 Forumite
    Ninth Anniversary 500 Posts Name Dropper Photogenic
    Type_45 said:
    These are my investment splits at the moment. 

    I am now focused on increasing the cash for the rest of the year so the cash % will increase


    More DOGE than BTC? 

    Doge is literally a meme coin with an uncapped supply (5% can be added per year from memory). Personally I'd not be holding more dog money than real crypto
  • Type_45
    Type_45 Posts: 1,723 Forumite
    1,000 Posts Fifth Anniversary Name Dropper Combo Breaker
    Scottex99 said:
    Type_45 said:
    These are my investment splits at the moment. 

    I am now focused on increasing the cash for the rest of the year so the cash % will increase


    More DOGE than BTC? 

    Doge is literally a meme coin with an uncapped supply (5% can be added per year from memory). Personally I'd not be holding more dog money than real crypto
    Never held DOGE before the crash a few days ago. It crashed way more than BTC and I knew it would make some money, which it did. I've made almost £300 from it in the past few days.
  • Scottex99
    Scottex99 Posts: 811 Forumite
    Ninth Anniversary 500 Posts Name Dropper Photogenic
    Type_45 said:
    Scottex99 said:
    Type_45 said:
    These are my investment splits at the moment. 

    I am now focused on increasing the cash for the rest of the year so the cash % will increase


    More DOGE than BTC? 

    Doge is literally a meme coin with an uncapped supply (5% can be added per year from memory). Personally I'd not be holding more dog money than real crypto
    Never held DOGE before the crash a few days ago. It crashed way more than BTC and I knew it would make some money, which it did. I've made almost £300 from it in the past few days.
    Always a fan of buying the dip but how did you "know"?


  • Type_45
    Type_45 Posts: 1,723 Forumite
    1,000 Posts Fifth Anniversary Name Dropper Combo Breaker
    Scottex99 said:
    Type_45 said:
    Scottex99 said:
    Type_45 said:
    These are my investment splits at the moment. 

    I am now focused on increasing the cash for the rest of the year so the cash % will increase


    More DOGE than BTC? 

    Doge is literally a meme coin with an uncapped supply (5% can be added per year from memory). Personally I'd not be holding more dog money than real crypto
    Never held DOGE before the crash a few days ago. It crashed way more than BTC and I knew it would make some money, which it did. I've made almost £300 from it in the past few days.
    Always a fan of buying the dip but how did you "know"?


    The low price and the fact that it's in vogue.


  • Scottex99
    Scottex99 Posts: 811 Forumite
    Ninth Anniversary 500 Posts Name Dropper Photogenic
    Problem with any meme/shitcoin being in “vogue” is it only is until something else comes along to replace it.

    Well done with your gains, I’d advise some exposure to ETH 
  • Type_45
    Type_45 Posts: 1,723 Forumite
    1,000 Posts Fifth Anniversary Name Dropper Combo Breaker
    Scottex99 said:
    Problem with any meme/shitcoin being in “vogue” is it only is until something else comes along to replace it.

    Well done with your gains, I’d advise some exposure to ETH 
    Each person you speak to has their own coin they are shilling...  I know ETH is the #2 coin out there, but it's really open to question which ones will make the most money.

    My personal view, at this point in time, is that governments will pull the plug on them all.  
  • Scottex99
    Scottex99 Posts: 811 Forumite
    Ninth Anniversary 500 Posts Name Dropper Photogenic
    I already bought DOGE at 5c I think which was already way too late. Sold around 55c after Elon had been on SNL. Still have some of the bag but it's not going to make people money long term.

    Some govs are backward, like the UK, others can see what's coming
  • Type_45
    Type_45 Posts: 1,723 Forumite
    1,000 Posts Fifth Anniversary Name Dropper Combo Breaker
    Scottex99 said:
    I already bought DOGE at 5c I think which was already way too late. Sold around 55c after Elon had been on SNL. Still have some of the bag but it's not going to make people money long term.

    Some govs are backward, like the UK, others can see what's coming
    What do you think is coming?
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