Cryptocurrency

Anybody into it......?

 

Yes, it’s highly volatile and it is the way of the future. I use “trade genius”.

 

There's a few young guys at my work that are into it....look where Bitcoin started.
Made people millionaires over night.

 

I use it like day trading, huge $ can be made or lost each day. The central bankers hate it as they can’t control it, but it is the way of the future. It just hasn’t stabilized yet, but it will. I just invest $500 at a time and buy and sell on a daily basis as the tips come in from my sources.

I will say that Silver is the best investment opportunity. I’ve got $100,000 into silver and all the signs show it will go WAY up in the next 6 months.

 

My son has 3.5 Bitcoins he bought years ago. He believes in it and plans to keep holding it.

 

While I understand the allure of crypto, it is literally based on nothing except the value someone places in it. It isn't a stock that is a fraction of a company asset and it isn't backed by anything that is real. Exchanging it can be an issue if you want to get real, hard currency from it from what I've learned. I equate it to one notch above a one-armed-bandit.

 

Bought some Shiba back in May. Wish I bought more. The run this week has now more than quadrupled my investment.

 

I've heard it's the best way to make a small fortune out of a large one.

 

Sounds like racing but less fun!

Patrick

 

And probably cheaper!

 

XRP for the win! The central bankers want it shut down so it’s threatening to them! Just imagine if people weren’t using the hyper inflated dollar.... how would the central bankers gouge us?

https://financefeeds.com/sec-suspicious-handling-of-ripple-and-xrp/

 

My 210.00 turned into a grand almost since around May.

 

I agree with Greg. It seems to be just another way of gambling. I'll steer clear of it, but I wish the best of luck to those who want to play.

 

I'm no economist but.. I'm not sure what holds it's value.. a US dollar has twenty aircraft carriers saying it is worth a dollar.

 

Kinda sounds like the us dollar. Confidence is a crazy thing. Wall street isn't far behind in their confidence game.

 

What is the preferred bullion size for easy resale?

 

Good question I’m not sure! I know know I try to buy at least one 10 oz bullion per month. I haven’t sold any .

 

Until there is some regulation of it I will steer clear. They just make them appear out of nowhere while burning GOBS of energy. China kicked the miners out because of it's carbon foot print. How long before other countries do it. There is a power plant in upstate NY that's output is total consumed by mining. Seems like a tremendous waste of energy which is now at a premium.

 

Regulated by the same people who removed the gold backed currency in favour of “fiat” currency that they print endlessly into hyperinflation? The central bankers hate crypto because they can’t control it.

 

So how do you get started and who should you use what company namefor the average joe