If you would like to ask our webinar guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
As always, we believe in growth!
Hope you heard this phrase "Buy in the dip!" Yes this is the time for it. Buy and Hold.
In the mean time you can check out some updated Crypto market news and Article : https://cryptoventurenews.com
Really disappointing this product was banned by the FCA. All it's done is force people to buy Bitcoin proxies such as Argo, Mara, Riot, etc. It could be argued that investing in these companies is riskier than buying Bitcoin itself. Thanks FCA.
Guys if you are looking for sound alternatives check out these guys. Been with them for 4 years. Smartest guys in the room. https://invictuscapital.com/en/
For alternatives on bitcoin - check out Graph - it's been doing well. it was 30 cents around xmas / NY and might have dipped lower thereafter but came up nicely since then... >$2).... DYOR
Im holding this in my sipp till I retire now since I cant buy any more.
I bought some shares in microstratagy a couple of months back as well to give me more exposure.
Buy and hold. That's my only advice I'll ever give you.
You are right, HL have stopped trades of XBT. It seems the FCA have banned funds based on bitcoin holdings. So I put some into Argo Blockchain instead who are a crypto mining company. That was allowed.
I have not traded any bitcoin yet. Last time I looked HL allowed XBT in a sipp which is what I am interested in. I believe my son bought bitcoin direct and has it in a digital wallet, some kind of hardware key he told me. My gut feeling is there will be a downward correction, but with bitcoin it is hard or impossible to predict what might happen.
Out of interest who are your trading through? HL have stopped letting me invest in XBT
Surprised this board is so quiet, bitcoin has been the star performer of latter part of 2020. I suppose there will be a downturn at some point before it swings up again. My son has made a small fortune this year so I am now looking at bitcoin. Anyone have thoughts when it might swing down? I don't want to buy at the peak prices.
Looks like Bitcoin is climbing again
In the face of a potential economic reset, this looks like a smart place to be.
Surprised it's such a quiet board here.
Has to be the closest exposure to Bitcoin that can be held within a SIPP ?
ARB also worth a look.
This is fun, in the words of the great Del Trotter, "Next year we'll be millionaires, except in this case it will be this week!!
don't think you got that quite right ? ... they are like for like on the session today. Both currently around 5% up today with BTC at around $8250.
Bitcoin up nearly 16% at the mo to 8171. Amazing move. XBT Tracker on the otherhand up around 4%
And I thought last month was bad! Like I said not an investment for the weak hearted.
But, for me, it looks like a bottom is forming so I have made the another small 20% addition to holding. Will look to add on further weakness or strength as the investment case gets stronger the more I learn.
To clarify this is all SIPP money that I can afford to lose so please do not invest unless you can stomach the potential losses.
What a month! Down 20% and now 30% behind projection line. Certainly not one for the timid! A lot of talk of 30/50/70k by end of this year so could recover quite quickly. I have decided against adding to the position until it breaks back above $9k as could just as easily be down to $5k in quiet trading months. Please read my note below and do not buy unless you fully understand and you accept you could lose it all. Au revoir until July.
Okay, hello to me... I do think this chart is bonkers but also so compelling https://fnordprefekt.de I have put a little into this share, the SEK version because the exchange rate is pretty good too. I expect to lose it all or have �1M in my SIPP in 2.5 years. Got to be worth a punt just for the fun of it. As at today the price is 9% behind were it should be to be on target. I will check in every month and see how it is doing, might add more (like today) or trade, who knows. I have plenty of boring Investments this is just a bit of fun so don�t follow my lead unless you have the same mentality. Right, au revoir