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Did you hold on to your XRP Milti ?

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Re: Did you hold on to your XRP Milti ?

Postby Londonrake » Fri May 21, 2021 6:48 pm

Kikapu wrote:I am going to stay way too clear of any investments in Cryptocurrency altogether. It is too erratic. As soon as Elon Musk whispers something one way or the other, the whole thing jumps up and down like a kangaroo for god sake. Now, imagine having 10 more people like Musk saying things and then you will be afraid going to sleep at nights because “the house of cards” might just crash as well as your investment. I do not have any tolerance for such investment. I am happy with investing in the traditional market. It gives me good sleep at nights. :wink:


Me too. Even so, I've had a couple of bad nights this past week. :shock: :lol:
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Re: Did you hold on to your XRP Milti ?

Postby Maximus » Fri May 21, 2021 6:58 pm

Londonrake wrote:
Kikapu wrote:I am going to stay way too clear of any investments in Cryptocurrency altogether. It is too erratic. As soon as Elon Musk whispers something one way or the other, the whole thing jumps up and down like a kangaroo for god sake. Now, imagine having 10 more people like Musk saying things and then you will be afraid going to sleep at nights because “the house of cards” might just crash as well as your investment. I do not have any tolerance for such investment. I am happy with investing in the traditional market. It gives me good sleep at nights. :wink:


Me too. Even so, I've had a couple of bad nights this past week. :shock: :lol:


It is "a house of cards", that will eventually blow over.

But in the meantime there is money to be made if you are skilled enough because a lot of naive people believe in the "intrinsic value" of this crap.

These "coins" are pump and dump scamming opportunities for "smart money".

Its not an investment, its a fad built on a distributed ledger. :roll:

There is nothing unique or valuable about what it does that doesn't already exist,

A Cryptocurrency is like a chip in the casino or a token at the gypsy fair to play on the games. :lol:
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Re: Did you hold on to your XRP Milti ?

Postby Maximus » Fri May 21, 2021 8:15 pm

Imagine that you are running a business and accept crypto as payment for your goods or services.

You deliver or put in the work.

Then the next day an invisible hand reaches in to your till or bank account and takes half of your customers payment.

Yeah it can work the other way but you are essentially gambling with your earnings.

This is why it will not be widely adopted,

why buy a token from the "Anonymous Japanese gypsy king" first to pay for shit when you already can?
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Re: Did you hold on to your XRP Milti ?

Postby Maximus » Fri May 21, 2021 8:27 pm

Maximus wrote:If bitcoin tanks,

its a long way down......... :shock:

I see 29k coming.....


Ahem.......

it hit 30k a couple days ago.

close, but still the possibility, we can see further downside.
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Re: Did you hold on to your XRP Milti ?

Postby Kikapu » Fri May 21, 2021 10:21 pm

Maximus wrote:
Maximus wrote:If bitcoin tanks,

its a long way down......... :shock:

I see 29k coming.....


Ahem.......

it hit 30k a couple days ago.

close, but still the possibility, we can see further downside.


It is heading towards that direction again. :wink:

It seems like the Cryptocurrency rally was just a “dead cat bounce” as it is heading south again. :wink:

Did Musk say something again! :lol:
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Re: Did you hold on to your XRP Milti ?

Postby Paphitis » Sat May 22, 2021 1:57 am

Kikapu wrote:
Paphitis wrote:Yes but if he bought in at $3500 then who literally cares?

It's like when the stock market crashes. I've been heavily invested in stocks for about 20 years now so you can imagine that if it crashes tomorrow it really is no harm done.

Just an opportunity to buy cheap super units. :wink:

Bitcoin will undoubtedly recover at some point. Maybe if it falls further, it might be a great opportunity to buy in?


I am going to stay way too clear of any investments in Cryptocurrency altogether. It is too erratic. As soon as Elon Musk whispers something one way or the other, the whole thing jumps up and down like a kangaroo for god sake. Now, imagine having 10 more people like Musk saying things and then you will be afraid going to sleep at nights because “the house of cards” might just crash as well as your investment. I do not have any tolerance for such investment. I am happy with investing in the traditional market. It gives me good sleep at nights. :wink:


I'm with you on this one too. Too much of a roller coaster for me. Prices are high, although I see the day when today's prices will probably be low.

If however they drop to below $20,000, then that might be an opportunity to pounce.
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Re: Did you hold on to your XRP Milti ?

Postby Kikapu » Mon May 24, 2021 11:21 pm

Kikapu wrote:
I am going to stay way too clear of any investments in Cryptocurrency altogether. It is too erratic. As soon as Elon Musk whispers something one way or the other, the whole thing jumps up and down like a kangaroo for god sake. Now, imagine having 10 more people like Musk saying things and then you will be afraid going to sleep at nights because “the house of cards” might just crash as well as your investment. I do not have any tolerance for such investment. I am happy with investing in the traditional market. It gives me good sleep at nights. :wink:


It was only a matter of time before Elon Musk would be told to keep his mouth shut on Cryptocurrency. :D

Crypto investors to Elon Musk: Please stop tweeting!

By Paul R. La Monica, CNN Business
Updated 1614 GMT (0014 HKT) May 24, 2021

The prices of bitcoin, dogecoin and other digital currencies have plunged more than 40% in recent weeks. While Elon Musk isn't the only reason for the crypto carnage, he certainly isn't helping.

Whether it's going on "Saturday Night Live" and joking that dogecoin is a "hustle" or having his epiphany that bitcoin mining may not be great for the environment, Musk's behavior has cryptocurrency bulls wishing he would stop tweeting and focus more on building cars instead.

Bitcoin (XBT) fans are tired of Musk exerting so much influence over the near-term price movements of seemingly all cryptocurrencies.

"People who followed Musk blindly have lost a lot of money. They may have gotten burned and never come back," said Alex Mashinsky, CEO and founder of Celsius, a crypto lending platform that offers digital tokens as rewards to customers — similar to a publicly traded company paying a dividend. :arrow: :arrow: :arrow:

https://edition.cnn.com/2021/05/24/inve ... index.html
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Re: Did you hold on to your XRP Milti ?

Postby Lordo » Tue May 25, 2021 10:51 am

Investing in these currencies or any currencies is inhuman. Return to the Human world where money is being used for good. Invest in the place you were born in so your people can benefit from it and so can you. It is called Sustainable Development. You can even get grants for these investments.

Get back to fakin humanity, will ya.
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Re: Did you hold on to your XRP Milti ?

Postby Paphitis » Tue May 25, 2021 1:11 pm

Lordo wrote:Investing in these currencies or any currencies is inhuman. Return to the Human world where money is being used for good. Invest in the place you were born in so your people can benefit from it and so can you. It is called Sustainable Development. You can even get grants for these investments.

Get back to fakin humanity, will ya.


You are free to lead by example.

The corporates do - well at least they say they do.

A few years ago, people called for a Royal Commission into the lending practices of banks. So there was. Now the Banks have become zealots, and tightened their lending policies.

Who suffers? well it's hard getting a business loan now for an upstart. Less investment, less employment, less money and so economy suffers.

On yas yoiu do gooders!

The only people who can get the lending are those backed upo by good assets. In other words, the rich.

But that's the thing now. They are creating the next underclass of slavery. People who have no choice but to work for someone else for a piddly wage, and still be poor.

The Banks are now excouraging people to buy their first home. That's the only lending that is easier today. But it's indoctrination of our young into slavery. Mortgage is for 30 years, and you might be able to pay it off in that time.

But the Banks will not support kids who are business minded and with the brains to start and establish their business before buying a house.

Thank you Royal Commission. :roll:
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Re: Did you hold on to your XRP Milti ?

Postby Lordo » Tue May 25, 2021 1:46 pm

Paphitis wrote:
Lordo wrote:Investing in these currencies or any currencies is inhuman. Return to the Human world where money is being used for good. Invest in the place you were born in so your people can benefit from it and so can you. It is called Sustainable Development. You can even get grants for these investments.

Get back to fakin humanity, will ya.


You are free to lead by example.

The corporates do - well at least they say they do.

A few years ago, people called for a Royal Commission into the lending practices of banks. So there was. Now the Banks have become zealots, and tightened their lending policies.

Who suffers? well it's hard getting a business loan now for an upstart. Less investment, less employment, less money and so economy suffers.

On yas yoiu do gooders!

The only people who can get the lending are those backed upo by good assets. In other words, the rich.

But that's the thing now. They are creating the next underclass of slavery. People who have no choice but to work for someone else for a piddly wage, and still be poor.

The Banks are now excouraging people to buy their first home. That's the only lending that is easier today. But it's indoctrination of our young into slavery. Mortgage is for 30 years, and you might be able to pay it off in that time.

But the Banks will not support kids who are business minded and with the brains to start and establish their business before buying a house.

Thank you Royal Commission. :roll:

You are an idiot, you don't even understand what is being posted.

Where did I say borrow in my post. I talking about investing in people not currencies. This is the money you already have.
There is plenty you can invest in to improve life in Cyprus for those who live there so they can improve their earnings and not have to migrate like in the past.

Read up on it, it is called Sustainable Development.
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