Thread: Cryptocurrency
View Single Post
      01-03-2018, 07:04 AM   #310
MashinBenzin
Major General
MashinBenzin's Avatar
8459
Rep
8,783
Posts

Drives: Eiger D5
Join Date: Feb 2010
Location: UK

iTrader: (0)

Quote:
Originally Posted by Tengocity View Post
Quote:
Originally Posted by JLR1969 View Post
I know it's been said but be prepared to lose everything
Everything? Or just what you put in to it?

What I find scary is folk using leverage without understanding it, and then even worse using leverage to short things! Now that's a way to lose a lot of money.

But there is a huge grey area where investment meets speculation/gambling.
We are definitely in that grey area!

Along the lines of what JLR1969 says, I'm pretty sure that major investors are heavily influencing the price rises and drops.

It's an unregulated market in impossible to value tokens, so keep your wits about you.
__________________

Drives - 2020 LR Discovery HSE-L
Previous - 2019 LR Discovery HSE-L // 2016 F36 440i // 2009 E90 320D SE
Appreciate 0