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  • FIRST POST
    • SteveTheWinner2017
    • By SteveTheWinner2017 27th Dec 17, 6:52 PM
    • 3Posts
    • 1Thanks
    SteveTheWinner2017
    Who's invested in Cryptocurrency
    • #1
    • 27th Dec 17, 6:52 PM
    Who's invested in Cryptocurrency 27th Dec 17 at 6:52 PM
    Hi, I'm a member of many Facebook groups but wanted to see how many UK people here have invested in Cryptocurrency? Have you managed to make a profit? Have you spent any of your profit?

    I've been investing for several months now and In 2018 i'm hoping that my investments make me a millionaire due to the amount of holdings I have.
Page 1
    • jennyjj
    • By jennyjj 27th Dec 17, 6:58 PM
    • 284 Posts
    • 385 Thanks
    jennyjj
    • #2
    • 27th Dec 17, 6:58 PM
    • #2
    • 27th Dec 17, 6:58 PM
    In 2018 i'm hoping that my investments make me a millionaire due to the amount of holdings I have.
    Originally posted by SteveTheWinner2017
    Good luck with that.

    FYI I hold about £3k in bitcoin derivatives within my Sipp.

    But it WILL crash
    • robpw2
    • By robpw2 27th Dec 17, 6:59 PM
    • 12,648 Posts
    • 26,388 Thanks
    robpw2
    • #3
    • 27th Dec 17, 6:59 PM
    • #3
    • 27th Dec 17, 6:59 PM
    i invested £10 only because i cant afford the current rates but i thought it would be interesting to see if i can make any money the day after bit coin fell by 30% suffering a huge loss .. so i doubt im going to be a millionaire any time soon but i am interested to see if i can make a couple of quid


    Slimming world start 28/01/2012 starting weight 21st 2.5lb current weight 17st 9-total loss 3st 7.5lb
    Slimmer of the month February , March ,April
    • AlexTheLion
    • By AlexTheLion 27th Dec 17, 7:00 PM
    • 17 Posts
    • 15 Thanks
    AlexTheLion
    • #4
    • 27th Dec 17, 7:00 PM
    • #4
    • 27th Dec 17, 7:00 PM
    I'm in,

    Hold a couple hundred XRP, ADA, XLM and TRX. Along with around 400 IOTA. Picked up a Litecoin in the latest dip @£175.

    Discussed various Crypto currencies with guys I work with, spent around 3-4 weeks reading about various projects whilst waiting the price go up on nearly all of them on a daily basis so took the plunge. I have only invested in an amount of money I can walk away from. It is very addictive and can see many people getting burnt on putting more and more fiat in.

    My main objective with a lot of the coins is to hold medium to long term as I believe the projects behind them could flower into something actually relevant. Though have made a few hundred USD on trading NEO and XVG recently.

    You must hold a fair amount to be on your way to 1 million congrats!
    • Bonnie151
    • By Bonnie151 27th Dec 17, 7:04 PM
    • 273 Posts
    • 16,014 Thanks
    Bonnie151
    • #5
    • 27th Dec 17, 7:04 PM
    • #5
    • 27th Dec 17, 7:04 PM
    I purchased Bitcoin (ages ago) and Ethereum and Litecoin (both last summer). I have absolutely *not* invested in it and anyone who thinks it is an investment is insane.

    I haven!!!8217;t sold any yet but do have an exit strategy- hopefully will be selling some Bitcoin in a few months.
    Hmmmm, need new siggie
    • ChesterDog
    • By ChesterDog 27th Dec 17, 7:28 PM
    • 879 Posts
    • 1,650 Thanks
    ChesterDog
    • #6
    • 27th Dec 17, 7:28 PM
    • #6
    • 27th Dec 17, 7:28 PM
    I have a Bitcoin.

    It's worth about three or four times what it was when I bought it.

    I bought it on the understanding that I expect it to become almost worthless, but that if it doesn't then it could be a fruitful gamble.

    If it rises to five times what I paid for it, then I intend to convert a fifth back into sterling to recover my initial stake.

    If it falls to zero even from quite a high value, it will make little difference to me financially. Well, almost none really.

    I have lots of investments. This isn't one. This is just an interesting game.
    I am one of the Dogs of the Index.
    • Naf
    • By Naf 27th Dec 17, 8:24 PM
    • 3,038 Posts
    • 2,305 Thanks
    Naf
    • #7
    • 27th Dec 17, 8:24 PM
    • #7
    • 27th Dec 17, 8:24 PM
    Over the past 18 months I've made quite a bit of profit (% wise) from Bitcoin. I purchased £100 worth, spent £90 across 12 months, and had £120 left at the end. That grew to around £800 before I withdrew £500 to invest in IOTA instead. I received another £150 from some BTC at launch, and $90. The value had climbed further but then dropped again before I took the rest out.

    I now have $1,000 in IOTA.

    I'm tinkering with it and trying to keep making some profit from simple buy low sell high. So far I manage to make the odd $10 here and there, but I'm getting better hahaha.
    Never argue with stupid people, they will drag you down to their level and then beat you with experience.
    - Mark Twain
    Arguing with idiots is like playing chess with a pigeon: no matter how good you are at chess, its just going to knock over the pieces and strut around like its victorious.
    • Zoea
    • By Zoea 27th Dec 17, 9:26 PM
    • 30 Posts
    • 7 Thanks
    Zoea
    • #8
    • 27th Dec 17, 9:26 PM
    • #8
    • 27th Dec 17, 9:26 PM
    I'm in,

    Hold a couple hundred XRP, ADA, XLM and TRX. Along with around 400 IOTA. Picked up a Litecoin in the latest dip @£175.

    Discussed various Crypto currencies with guys I work with, spent around 3-4 weeks reading about various projects whilst waiting the price go up on nearly all of them on a daily basis so took the plunge. I have only invested in an amount of money I can walk away from. It is very addictive and can see many people getting burnt on putting more and more fiat in.

    My main objective with a lot of the coins is to hold medium to long term as I believe the projects behind them could flower into something actually relevant. Though have made a few hundred USD on trading NEO and XVG recently.

    You must hold a fair amount to be on your way to 1 million congrats!
    Originally posted by AlexTheLion
    Wow sir you are doing it right!
    I'm holding mainly ADA XLM and a touch of ETH I'm not really in this for the money (like you would rather support actually good / progressives projects) but I put in just over 3k and it's now about 7k which is ok for under 20 days lol.

    But sure it's a big bubble and quantum computing is about to come launnch a big nuke on all this so be warned. Still, it's cool for now, and some algos will likely come thru.
    Last edited by Zoea; 27-12-2017 at 9:28 PM.
    • AlexTheLion
    • By AlexTheLion 27th Dec 17, 9:37 PM
    • 17 Posts
    • 15 Thanks
    AlexTheLion
    • #9
    • 27th Dec 17, 9:37 PM
    • #9
    • 27th Dec 17, 9:37 PM
    Wow sir you are doing it right!
    I'm holding mainly ADA XLM and a touch of ETH I'm not really in this for the money (like you would rather support actually good / progressives projects) but I put in just over 3k and it's now about 7k which is ok for under 20 days lol.

    But sure it's a big bubble and quantum computing is about to come launnch a big nuke on all this so be warned. Still, it's cool for now, and some algos will likely come thru.
    Originally posted by Zoea
    Who knows! But it's certainly funny reading one of the other threads regarding Bitcoin, containing posts from 2011-2013 with people laughing at the $10 sellers when it was worth $40. Posts from couple of years on with people laughing at the $40 sellers when it was worth $100's! I could read this in 5 years time with an enjoyable return, or I could read this laughing at how it never came to anything.
    • darren72
    • By darren72 3rd Jan 18, 11:38 PM
    • 1,185 Posts
    • 258 Thanks
    darren72
    I'm using Coinbase myself, but interested in getting some XRP (Which Coinbase don't offer yet). What other platforms offer this with reasonable fees ?
    • alvaronistal
    • By alvaronistal 4th Jan 18, 10:49 AM
    • 12 Posts
    • 4 Thanks
    alvaronistal
    You can buy XRP on eToro. Haven't used it myself, but it seems the most straightforward way without getting in exchanges like Binance or Bitfinex.
    • darren72
    • By darren72 4th Jan 18, 10:50 AM
    • 1,185 Posts
    • 258 Thanks
    darren72
    Thanks for your reply. I've since (only just) signed up to Binance through a referral link on here. Seems a little confusing, but there are plenty of guides to follow - so far so good.
    • MrToads
    • By MrToads 4th Jan 18, 12:06 PM
    • 6 Posts
    • 0 Thanks
    MrToads
    Investing in teams and tech not coins.
    Over the past 18 months I've made quite a bit of profit (% wise) from Bitcoin. I purchased £100 worth, spent £90 across 12 months, and had £120 left at the end. That grew to around £800 before I withdrew £500 to invest in IOTA instead. I received another £150 from some BTC at launch, and $90. The value had climbed further but then dropped again before I took the rest out.

    I now have $1,000 in IOTA.

    I'm tinkering with it and trying to keep making some profit from simple buy low sell high. So far I manage to make the odd $10 here and there, but I'm getting better hahaha.
    Originally posted by Naf
    I think putting cash in solid underlying tech is a good idea. Bosch group seem to agree with you too.
    Also invested in TRON for similar reasons, the tech vision is solid.
    • sfry
    • By sfry 4th Jan 18, 1:37 PM
    • 97 Posts
    • 139 Thanks
    sfry
    I bought XRP last September and so far it has increased by 1684.11% as of today.
    • ivormonee
    • By ivormonee 4th Jan 18, 7:56 PM
    • 167 Posts
    • 102 Thanks
    ivormonee
    Hi, I'm a member of many Facebook groups [...] I've been investing for several months now and In 2018 i'm hoping that my investments make me a millionaire due to the amount of holdings I have.
    Originally posted by SteveTheWinner2017
    Yes, the more holdings you have the more likely it is you will become a billionaire. And of course, being on Facebook helps, as you've pointed out! Also, did you know that IF YOU BOUGHT $5 OF BITCOIN 7 YEARS AGO, YOUíD BE $4.4 MILLION RICHER? So you can become a millionaire with just one holding too!
    • SteveTheWinner2017
    • By SteveTheWinner2017 13th Jan 18, 9:28 AM
    • 3 Posts
    • 1 Thanks
    SteveTheWinner2017
    I!!!8217;ve invested big in BitDegree of which it!!!8217;s hit $0.53c on EtherDelta - this makes me well over £100,000
    • ivormonee
    • By ivormonee 13th Jan 18, 10:22 AM
    • 167 Posts
    • 102 Thanks
    ivormonee
    Iíve invested big in BitDegree of which itís hit $0.53c on EtherDelta - this makes me well over £100,000
    Originally posted by SteveTheWinner2017
    I just searched for this online. It looks like the starting price was $0.34 and it did reach $0.53. Each BDG has risen by $0.19. For a £100k return you would have needed to invest approx. £178,000.

    Is this what you did? Or did you acquire the coin at the ICO stage. Either way would you like to enlighten the community how you made your profit (of £100,000)? I'm sure we'd all appreciate it.
    • Owen1991
    • By Owen1991 13th Jan 18, 11:27 AM
    • 51 Posts
    • 94 Thanks
    Owen1991
    I invested £2,000 in Litecoin, cashed out at £6,000 and don't think I'll touch crypto again.
    12k in 2018 - £6450/£12000 ~ #101 | Sealed Pot Challenge 2018 ~ #44
    £13750 in Lifetime ISA
    • username12345678
    • By username12345678 13th Jan 18, 11:56 AM
    • 215 Posts
    • 111 Thanks
    username12345678
    My son (who has zero financial interest) is banging on about BC.

    It's a crazy bubble.
    • sixpence.
    • By sixpence. 13th Jan 18, 12:15 PM
    • 138 Posts
    • 31 Thanks
    sixpence.
    If this was covered by my broker in my ISA I probably would have stuck a few hundred quid in to see what happens. It's not though and I can't be bothered to open up another account. Although it is tempting. What providers are you using?
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