Member Info for lunq

Mathsman, I think the guy was joking, he said so himself later. But yeah, if people are investing with money they can't afford to lose/taking out loans/in debt, etc , they may be better off contacting Citizens Bureau Advice, etc.

Links for anyone who needs them:
https://www.citizensadvice.org.uk
https://www.moneyadviceservice.org.uk/en

Pretty sure the same warning has been posted about 5 times today already.

I'm up over 1000% on Argo, pretty happy with that. Bought the dip earlier and will add if it drops further. And will still be around on this forum talking nonsense for the next 12 months.

Hollamatronic, just one example, as I alluded to in my last comment, it's rather weird that gambling machines are allowed to be placed in pubs full of drunken people.

A reckless, deliberately timed and purposely confusingly worded warning from the "authorities".

Make no mistake, the system is designed to keep the masses poor.

When we escape lockdown I will meet you all at the pub. I will be the very drunk guy gambling away my money in the fruit machine next to the bar.

calamari, it depends on which bank. If we choose to "be our own bank" we can easily get 7% APR interest on crypto stablecoins:

https://defirate.com/loans/?exchange_table_type=lend

The police are issuing warrants to arrest those who sold today out of fear. A despicable crime and perpetrators will be punished and forced to invest in index trackers receiving 6% annual returns forever.

mornington-oz, as you remove your money from the table, please wipe away the brown stain from your chair.

And as mentioned previously, the FCA are warning against firms who are advertising high returns - something which Argo is not doing.

Grow some balls and learn to read, old chap.

MissTechFuture has bigger balls than some of you lot.

Please stop spreading disinformation and read the full text instead of just the headline. The notice is referring to firms which are advertising high returns on crypto assets - something not applicable to ArgoBlockchain since they are not promising anything of the sort.

I use a 13 inch laptop, multiple cups of coffee and a big bag of patience. Staring at 5 minute candles across multiple screens is not my idea of a good time... Trading frequntly can really mess up your brain. The constant flashing green and red lights and decision making plays havoc on your stress levels which causes memory loss and accelerates illness and disease. Then there's the fact sitting down on your arse all day is not exactly healthy turning you into a fat ass yank. Buy and hold for a less stressful, healthier and richer life. Ever met a rich day trader? Not many around. There are far more rich long term investors though. Probably not the response you were expecting...

See you lads tomorrow at 8am though, where we start the fun and games again. Bring your treadmills and exercise bikes :D

Not interested in buying your windows.

Goodbye.

*Shuts door*

I have some toilet paper here if anyone didn't stock up at Tescos.

They are like double glazing salesman trying to trick the elderly into buying a new front door, spreading fear and doubt that the existing one (which is in perfectly fine condition) is not secure and unable to stop a burglar. Ironically, it is they who are doing the robbing.

Not selling my Argo. Not selling my Bitcoin. Not selling my Altcoins.

(Apologies to any people who sell double glazing for a living :D)

Also worth pointing out that Bitcoin is not as volatile as it once was. Studies have shown it to be less volatile than many S&P 500 stocks:

https://decrypt.co/49185/bitcoin-less-volatile-than-many-sp-500-stocks-vaneck

You on 8th Jan: This is going to the moon, hold on tight!!

You on 10th Jan: People wouldn't be surprised if it went back down to $20k as that's what can happen.

Schizo much?

Best post I've read this year.

Phoebus, Understandable about the ID aspect I feel the same and have reluctantly provided passport to some exchanges, but do worry if my details will appear on the darknet...

For those who feel the same way, please consider https://bisq.network/ which allows buying and selling of Bitcoin directly peer-to-peer and without having to submit ID.

If you’re a day trader, learn how to trade. If you’re an investor, learn how to be patient.

Great to hear you've been doing your research. If you haven't heard of Andreas Antonopoulos, he is one of best educators of Bitcoin in my opinion: https://www.youtube.com/user/aantonop

I'm not sure if Bitcoin can be considered a bubble as such, it's just another asset class moving in it's own cycle. If you look at Bitcoin's price chart on a weekly or monthly timeframe in Logarithmic scale rather than Linear, it looks less scary and less bubble-like. (www.tradingview.com is a great charting website for those unaware).

Nothing goes up forever and whilst I think we are currently in the Markup phase, at some point Bitcoin will shift into Distribution, probably in December alongside the stockmarket Xmas rally is my guess.

Would advise anyone new to pay attention to this chart. It's the most important chart to know about in my opinion: https://static.coindesk.com/wp-content/uploads/2018/12/cheat-sheet.png