Crypto regrets

PoGee

I dabbled in crypto around 2023. Tiny amounts initially but when I had the courage to go big, my bank 'S' stopped payments to binance. I instead invested in property, which resulted in a loss....
Are there any low fee crypto platforms where I can start again, that won't be blocked by my bank? Have I missed the boat or is it still worthwhile investing in crypto? 
I'm thinking of putting £40k into premium bonds but the crypto lure is still there.

la531983

Depends what bank you are with, some dont allow them at all now. And you cant use a credit card either.

Coinbase, Kraken, Revolut. Could open an Exodus wallet and use one of the third party sites in the app to buy.

PoGee

What are views on Swissborg?

Brie

I can't actually answer your question but I would suggest that anything you can't see, can't envisage isn't a good investment.  I never invested in things I didn't like (no tobacco, no weapons) and things I didn't understand.  I don't know where the bitcoins (or whatever) are.  Frankly I did very well investing in breweries. I like beer.

PoGee

Hi Brie - I went down that route also but buying bottles of whisky/ gin. Single malts. Might buy a barrel 

Tony5896

Santander allow limited crypto and first direct slightly higher limits but not to binance ..

la531983

Tony5896 said:

Santander allow limited crypto and first direct slightly higher limits but not to binance ..

I dont think Binance allow UK customers to open new accounts now anyway.

jim1999

I've always been able to make payments to Crypto.com with any of my accounts.

All the usual caveats apply - don't invest what you can't afford to lose, prepare to wait a long time to see a return etc

ThePirates

PoGee said:

Hi Brie - I went down that route also but buying bottles of whisky/ gin. Single malts. Might buy a barrel 

Single Malt (or Grain) to drink but never invest, no one makes money from it. 

Scottex99

PoGee said:

What are views on Swissborg?

Very solid, I’ve had an account since 2018. 

Legit and I’ve never had an issue. Fairly innovative with different types of products too and nice UX/UI

Scottex99

PoGee said:

I dabbled in crypto around 2023. Tiny amounts initially but when I had the courage to go big, my bank 'S' stopped payments to binance. I instead invested in property, which resulted in a loss....
Are there any low fee crypto platforms where I can start again, that won't be blocked by my bank? Have I missed the boat or is it still worthwhile investing in crypto? 
I'm thinking of putting £40k into premium bonds but the crypto lure is still there.

There’s a massive “BITCOIN” thread on here if you want to see some pros & cons going back 3-4 years.

“The best time to buy BTC was 2009, the 2nd best time is now” 

But you’re buying the all time high plus it WILL crash at some point, it always has. DYOR etc.

Personally I don’t see a better long term play than BTC anywhere - as high risk as it is