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Unread 29-04-2020, 06:10 PM
tatty
 
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I have never been a fan of cryptocurrencies.

This was partly because I didn't understand them and partly because I couldn't see how something so volatile with no underpinning utility could be plausibly considered a store of value.

However, with global fiscal policies now putting fiat currencies under stress with a real risk of inflation being uncorked I am looking at BTC as one (of a range) of protections.

The ETF options are still very much in their infancy with what is available more focussed on the 'blockchain eco system' rather than a physical or synthetic replication of BTC.

My question, and please bear in mind I couldn't log on to my xbox the other day, is how do you purchase and securely store?

I am going to research this to death before I go anywhere near it but getting the unvarnished version from you crypto wierdo's would no doubt be invaluable.
 
Unread 29-04-2020, 07:48 PM
waynes ear's
 
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Buy on coinbase pro
Move to a wallet

Piece of piss
 
Unread 29-04-2020, 07:59 PM
Norris Cole
 
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Anyone bother with hardware wallets?
 
Unread 29-04-2020, 08:06 PM
dragflick
 
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Quote:
Originally Posted by Norris Cole
Anyone bother with hardware wallets?
Yeah, iíve got a ledger and a bit on there. Also got stuff still on exchanges and a bit of bitcoin on Coinbase. Technically safer on a hardware wallet thoí so itís worth doing if putting a bit of dollar in for the sake of £30 or whatever they are to buy.
 
Unread 29-04-2020, 08:11 PM
tatty
 
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Coinbase and a hardware wallet.

Any screw ups you made or stuff you wish you'd known before buying?
 
Unread 29-04-2020, 08:14 PM
dragflick
 
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Quote:
Originally Posted by tatty
Coinbase and a hardware wallet.

Any screw ups you made or stuff you wish you'd known before buying?
Wish Iíd have known to buy in 2011 tbf. But no, not really mate. Coinbase is pretty user friendly tbf. Main thing to make sure of is your hardware wallet address when sending it from Coinbase to it. Itís an arse twitcher for a few minutes waiting for it to appear there itís a copy and paste jobby though so you avoid mistyping it. Just check the last few characters once youíve pasted it!

Have a read up on it all like you said, plenty of decent advice about on line on steps to transferring money from Coinbase to wallets. Ask on here if you have any doubts about any of it etc.
 
Unread 29-04-2020, 09:53 PM
waynes ear's
 
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Unread 30-04-2020, 07:53 AM
Gypsum Fantastic
 
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Unread 30-04-2020, 07:59 AM
waynes ear's
 
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Tatty

 
Unread 30-04-2020, 08:17 AM
Gypsum Fantastic
 
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probably over bought right now though. due a pullback and consolidation for a while.
 
Unread 30-04-2020, 09:35 AM
Norris Cole
 
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Quote:
Originally Posted by dragflick
Yeah, iíve got a ledger and a bit on there. Also got stuff still on exchanges and a bit of bitcoin on Coinbase. Technically safer on a hardware wallet thoí so itís worth doing if putting a bit of dollar in for the sake of £30 or whatever they are to buy.
Yeah Ledger was the one I looked at getting. Think Iíll see what I make of this market and re-invest in one.

Cheers
 
Unread 30-04-2020, 11:08 AM
Gypsum Fantastic
 
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Quote:
Originally Posted by Gypsum Fantastic
probably over bought right now though. due a pullback and consolidation for a while.
;-)
 
Unread 30-04-2020, 11:14 AM
tatty
 
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Quote:
Originally Posted by waynes ear's

Thank you, i'll have a watch.
 
Unread 02-05-2020, 10:00 PM
waynes ear's
 
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skip to 0:44

 
Unread 02-05-2020, 10:44 PM
tatty
 
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I read an interesting article about halving and subsequent 12 month price performance.

Correlation doesn't mean always mean causation but there is certainly a trend worth looking at.
 
Unread 02-05-2020, 10:51 PM
waynes ear's
 
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the only trend is that the price has dropped pre-halving then recovered to new highs.

this is a good doc

 
Unread 07-05-2020, 06:39 AM
Gypsum Fantastic
 
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Looking like it wants one last pump before the halving.
 
Unread 07-05-2020, 06:53 AM
waynes ear's
 
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4 days 19 hours.

Plenty time to pump and dump
 
Unread 07-05-2020, 07:38 PM
Gypsum Fantastic
 
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In good company...

Quote:
Paul Tudor Jones Buys Bitcoin as a Hedge Against Inflation
https://www.bloomberg.com/news/artic...of-gold-in-70s
 
Unread 07-05-2020, 08:15 PM
red in cumbria
 
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Quote:
Originally Posted by waynes ear's
4 days 19 hours.

Plenty time to pump and dump
Sounds slightly disgusting tbh.
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