Cryptocurrency Thread

[Lukemeister]

Has anyone here invested in any Cryptocurrency or is considering it? I'm seriously considering putting some money in to XRP Ripple, its about 70 cents at the minute but from research its going to absolute sky rocket up

[frstplce]

No go for me. Too much risk for my liking, and no real regulation. Frankly, I'm just waiting for the Bitcoin crash and the horror stories of "I lost everything" that will inevitably follow.

[Lukemeister]

Well, ive invested in ripple, a gamble i know but so far im in the green, rumours are its going to be bigger then bitcoin, if that happens i will be very happy

[frstplce]

Well that didn't take long. Take a look at yesterday's Bitcoin crash. I expect this will be a regular occurrence.


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[John Flushing]

Well then it's probably just as well that I don't know anything about cryptocurrencies (and I don't want to know).

[frstplce]

Well, ive invested in ripple, a gamble i know but so far im in the green, rumours are its going to be bigger then bitcoin, if that happens i will be very happy

So how's that investment working out for you?


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[Lukemeister]

Well i tripled my investment in the first month so i pulled some of it out left some in, now its dropped 

 

Probably rise again hopefully in a few months 

[frstplce]

On 3/24/2018 at 11:28 AM, Lukemeister said:

Well i tripled my investment in the first month so i pulled some of it out left some in, now its dropped 

 

Glad to hear the first bit at least. Still way too volatile for my liking. But then I don't have a lot of extra cash to be putting on risky bets. 

[Lukemeister]

Everything is pointing to another big bull run for cryptos soon.

 

Got in early

[frstplce]

On 5/18/2019 at 0:59 PM, Lukemeister said:

Everything is pointing to another big bull run for cryptos soon.

 

Got in early

I know you had luck with it before, but I'm still not convinced. But then I'm more of a cash under the mattress than investing type.