Re: The thrilling cryptocurrency thread

by **The Call of the Wendigo** Tue Dec 28, 2021 11:18 am

The crypto markets are taking a hammering today.

It's a literal bloodbath. dontpanic

by **The Call of the Wendigo** Tue Dec 28, 2021 11:19 am

I'm down to £19.56. dontpanic

by **The Call of the Wendigo** Tue Dec 28, 2021 11:20 am

I wonder if that makes this a good time to buy? hmm

by Fangirl Three Tue Dec 28, 2021 12:15 pm

On the one hand you might be wisely 'buying the dip'.

On the other you might be foolishly trying to 'catch a falling knife'.

by **The Call of the Wendigo** Tue Dec 28, 2021 10:57 pm

My £20 investment is now down to £19.01. Where will it all end? scared

by Fangirl Three Wed Dec 29, 2021 6:53 am

That's a -96% annual loss. By next Dec 22 you would have only 80p left.

by SiberianPrincess’sMidriff Wed Dec 29, 2021 8:52 am

The Call of the Wendigo wrote:My £20 investment is now down to £19.01. Where will it all end?

In the workhouse?

by **The Call of the Wendigo** Wed Dec 29, 2021 9:01 am

The markets are starting to recover. Excited

by **The Call of the Wendigo** Wed Dec 29, 2021 11:49 am

The Call of the Wendigo wrote:My £20 investment is now down to £19.01. Where will it all end?

Still at £19.01. It looks like the collapse might have halted.

by **The Call of the Wendigo** Wed Dec 29, 2021 12:13 pm

Everything's plummeting again. llama

by **The Call of the Wendigo** Wed Dec 29, 2021 12:14 pm

It looks like I picked the perfect time to buy. shifty

by Fangirl Three Wed Dec 29, 2021 2:17 pm

Lot of bored people sitting around after Christmas dabbling in a little crypto gambling.

Lot of experienced crypto sharks taking the opportunity to sell to them.

by **The Call of the Wendigo** Wed Dec 29, 2021 11:53 pm

The Call of the Wendigo wrote:
The Call of the Wendigo wrote:My £20 investment is now down to £19.01. Where will it all end?
Still at £19.01. It looks like the collapse might have halted.

It's now down to £18.40 and still falling. dontpanic

by **The Call of the Wendigo** Wed Dec 29, 2021 11:53 pm

£18.39.

by Fangirl Three Thu Dec 30, 2021 8:01 am

I think part of your problem is that the pound's been regaining strength this last week or so. In dollar terms bitcoin has only fallen 2-3% since you bought in.

by **The Call of the Wendigo** Thu Dec 30, 2021 9:19 am

What I've heard, from snooping around the Internet, is that a bunch of people with loads of Bitcoins are expected to dump them on the 31st, for clever financial reasons I don't understand, and that's driving the price down in anticipation of it.

by **The Call of the Wendigo** Thu Dec 30, 2021 9:33 am

In anticipation of the price rising after the big dump, I've just bought an extra £40 of Bitcoin which is all I'm willing to commit ~~ever~~ for at least the next month.

by Fangirl Three Thu Dec 30, 2021 1:37 pm

Ooh, that's made this thread 3x as exciting as it already was! Excited

by **The Call of the Wendigo** Thu Dec 30, 2021 1:53 pm

My £45 Bitcoin portfolio is now standing at £44.65 but rising.

by **The Call of the Wendigo** Thu Dec 30, 2021 1:54 pm

Now £44.67. Excited

by Sponsored content