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Re: Bitcoin

Posted: Sat Nov 21 2020 10:53pm
by BeautifulSunshine
planteria wrote:
Sat Nov 21 2020 7:38pm
Bitcoin up over £14,000 now..
29% of my direct portfolio.
anyone else on board?
I have a modest holding. It's doing very nicely.

How long will it last? Dotcom crash?

Re: Bitcoin

Posted: Sun Nov 22 2020 11:08am
by planteria
the ecosystem around it continues to build AAAT, and the corporate and institutional investors continue to come aboard.

Re: Bitcoin

Posted: Mon Nov 23 2020 1:00am
by BeautifulSunshine
planteria wrote:
Sun Nov 22 2020 11:08am
the ecosystem around it continues to build AAAT, and the corporate and institutional investors continue to come aboard.
True, I'm keeping my modest investment long-term.

Re: Bitcoin

Posted: Mon Nov 23 2020 10:27am
by planteria
wise to do do imo AAAT.
although perhaps not stick to "modest".

Re: Bitcoin

Posted: Mon Nov 23 2020 1:18pm
by BeautifulSunshine
planteria wrote:
Mon Nov 23 2020 10:27am
wise to do do imo AAAT.
although perhaps not stick to "modest".
The lion share of my wealth is in property and shares. Property is safe. Shares are semi-safe.

Re: Bitcoin

Posted: Mon Nov 23 2020 9:32pm
by planteria
there are arguments against both of those statements, especially the latter in the current climate.. but primarily i would argue that they are company-specific. if you were to read/listen to Michael Saylor he makes some strong arguments in favour of the 'safety' of Bitcoin, and he's certainly put his money where his pen/mouth is.

Re: Bitcoin

Posted: Wed Nov 25 2020 1:35pm
by BeautifulSunshine
planteria wrote:
Mon Nov 23 2020 9:32pm
there are arguments against both of those statements, especially the latter in the current climate.. but primarily i would argue that they are company-specific. if you were to read/listen to Michael Saylor he makes some strong arguments in favour of the 'safety' of Bitcoin, and he's certainly put his money where his pen/mouth is.
But then this guy Michael Saylor probably has the kind of money to happily lose that most people won't earn in their lifetime.

Re: Bitcoin

Posted: Wed Nov 25 2020 8:06pm
by planteria
i don't think anyone in the world would be happy to lose over half a billion US$s.. but the key point is that he won't.

Re: Bitcoin

Posted: Thu Nov 26 2020 4:28pm
by BeautifulSunshine
planteria wrote:
Wed Nov 25 2020 8:06pm
i don't think anyone in the world would be happy to lose over half a billion US$s.. but the key point is that he won't.
I wish him every success.

I'm not comfortable with investing more than a modest sum in Bitcoin or any other crypto currency.

Re: Bitcoin

Posted: Thu Dec 03 2020 11:14am
by planteria