We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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!
Crypto Dabble.
Comments
-
yep, probably CFDs rather than real coins but should be a simple way to get involved. I still buy on revolut for that same reason even though I have accounts at about 20 exchanges too2
-
CBDC's is what I have read.Scottex99 said:yep, probably CFDs rather than real coins but should be a simple way to get involved. I still buy on revolut for that same reason even though I have accounts at about 20 exchanges too
thanksReplenished CRA Reports.2020 Nissan Leaf 128-149 miles top charge. Savings depleted. VM Stream tv M250 Volted to M350 then M500 since returned to 1gb0 -
I could write an essay on why everyone should invest into BTC + ETH.. It's the best investment you can make at the moment and I fully expect BTC to hit anywhere from $250-500K by 2024-2025.
I'm predicting BTC to $100K by end of January latest and ETH at $10-12K.
Just remember, dont sell the dips, buy the dips. Accumulate and HODL.
BTC averages at 300%+ returns a year, meanwhile your savings bank gives you 0.05% when inflation is estimated to be around 10%. You're losing money by keeping savings in the bank.-1 -
Thanks, is there anyone else you'd trust to the same degree?Scottex99 said:yep, probably CFDs rather than real coins but should be a simple way to get involved. I still buy on revolut for that same reason even though I have accounts at about 20 exchanges too
A lot of exchanges seem dubious to say the least and the idea of having to send them my driving license and god knows what else doesn't fill me with confidence.
To be clear I don't have an issue with verifying who I am it's simply who the hell I'm giving that information to.0 -
SwissborgAminatidi said:
Thanks, is there anyone else you'd trust to the same degree?Scottex99 said:yep, probably CFDs rather than real coins but should be a simple way to get involved. I still buy on revolut for that same reason even though I have accounts at about 20 exchanges too
A lot of exchanges seem dubious to say the least and the idea of having to send them my driving license and god knows what else doesn't fill me with confidence.
To be clear I don't have an issue with verifying who I am it's simply who the hell I'm giving that information to.
Coinbase (Coinbase Pro better for fees but harder to use for Noobs)
Paypal/Revolut/eToro
Kraken, I personally hate the layout of their site but they are legit and have decent GBP/EUR rails.
Binance I use every single day but can see why some people wouldn't, I've never had a problem with them2 -
Thanks
I was looking at the fees on PayPal and they actually don't look too bad for convenience of using a credit card.
Coinbase/Kraken seem to be something like 4% just for using a debit card which seems obscene unless I've totally misunderstood.1 -
Not surprising, you are investing is basically nothing. It doesn't exist.
I have about £800 in coins but the currently value is about £400/500, most of the value was lost the morning after i invested and the whole market crashed. They almost returned to their previous value a few weeks ago, returns mainly from bitcoin when I put in some to that when it was cheap, but I am not getting out. I intend to keep the coins for many years and accepted when I put the money in I could never get it back.1 -
How do you come to this conclusion re bitcoin? because of the halving?YellowDuc said:I could write an essay on why everyone should invest into BTC + ETH.. It's the best investment you can make at the moment and I fully expect BTC to hit anywhere from $250-500K by 2024-2025.
I'm predicting BTC to $100K by end of January latest and ETH at $10-12K.
Just remember, dont sell the dips, buy the dips. Accumulate and HODL.
BTC averages at 300%+ returns a year, meanwhile your savings bank gives you 0.05% when inflation is estimated to be around 10%. You're losing money by keeping savings in the bank.1 -
What could possibly go wrong...?YellowDuc said:I could write an essay on why everyone should invest into BTC + ETH.. It's the best investment you can make at the moment and I fully expect BTC to hit anywhere from $250-500K by 2024-2025.
I'm predicting BTC to $100K by end of January latest and ETH at $10-12K.
Just remember, dont sell the dips, buy the dips. Accumulate and HODL.
BTC averages at 300%+ returns a year, meanwhile your savings bank gives you 0.05% when inflation is estimated to be around 10%. You're losing money by keeping savings in the bank.7 -
Buy your BTC via Coinbase Pro. I can't link to it because I dont have enough posts, but you get a much much better exchange rate than you will from regular coinbase or paypal. It's free to use too.Aminatidi said:Thanks
I was looking at the fees on PayPal and they actually don't look too bad for convenience of using a credit card.
Coinbase/Kraken seem to be something like 4% just for using a debit card which seems obscene unless I've totally misunderstood.0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.3K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.1K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards
