Your Portfolio (8 Viewers)

[Nick]

'Crocodile of Wall Street' and husband are arrested in Bitcoin scheme

Ilya 'Dutch' Lichtenstein, 34, and his wife, Heather Rhiannon Morgan, 31, who raps under the name Razzlekhan, were arrested on Tuesday in Manhattan on federal charges of money laundering.

www.dailymail.co.uk

 

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[Mr Panda]

Made a first move into individual stocks today since everything is at a discount.

Thrown a little bit on Pinterest to see how that develops. Not 100% sure what I'm doing but their balance sheet looks nice so let's see what that looks like in a couple of years

 

[SBT]

Fuck it, going in £1000 on GME when the market opens

This is just such an iconic post - made on January 29th 2021, literally the very top of the GameStop market, as you can see from the chart below. Since then, shares are down more than 60% - that £1000 investment probably wouldn't get you a season ticket at the CBS next season now. Takes real skill to play the market this precisely.

 

[Marty]

This is just such an iconic post - made on January 29th 2021, literally the very top of the GameStop market, as you can see from the chart below. Since then, shares are down more than 60% - that £1000 investment probably wouldn't get you a season ticket at the CBS next season now. Takes real skill to play the market this precisely.

View attachment 23854

Just don't look at my picks from the first page...

 

[Mr Panda]

 

[dutchman]

 

[Wyken Sky Blue]

Now up to £5191.46 this morning and making 17.75% which is the highest it has ever been!

Dropped to about 11% the other week but you have to play the long game with this, and so far I think I'm winning!

Sent from my Pixel 6 using Tapatalk

Despite the market dropping due to world issues my S&S ISA is now back up to £6009.27 and making 11.28%

I'll take that!

Sent from my Pixel 6 using Tapatalk

 

[robbiekeane]

About to be a flash sale it seens

“Be fearful when others are greedy, and greedy when others are fearful” - Warren Buffet

 

[dutchman]

 

[stay_up_skyblues]

Now the house purchase is all sorted I’ve just opened up a stocks and shares ISA with Moneybox. Planning to keep it long term so gone for the adventurous fund. Let’s see what happens.

 

[Greggs]

Too scared to look if i'm honest!!

 

[clint van damme]

Now the house purchase is all sorted I’ve just opened up a stocks and shares ISA with Moneybox. Planning to keep it long term so gone for the adventurous fund. Let’s see what happens.

You'll get a lot for your money at the moment.
Couldn't resist adding some more crypto to my wallet this morning at these prices.

 

[clint van damme]

Too scared to look if i'm honest!!

Got no shares but got crypto. Crypto message boards are having to put up links to suicide help lines. People have lost everything on Luna.

 

[Greggs]

Got no shares but got crypto. Crypto message boards are having to put up links to suicide help lines. People have lost everything on Luna.

was just about to mention Luna, classic pull of the rug but the dev?! It's like the wildwest. I'm heavy in big tech, which is worrying. Should be invested in companies that profit from war, what a lovely world we live in! Good luck mate

 

[Sick Boy]

What’s the best crypto to invest in at the moment? Is something like XRP worth looking at?

 

[Sick Boy]

was just about to mention Luna, classic pull of the rug but the dev?! It's like the wildwest. I'm heavy in big tech, which is worrying. Should be invested in companies that profit from war, what a lovely world we live in! Good luck mate

I reckon your ganja ones will pay off long, long-term.

 

[Greggs]

Anyone want to buy a dog?

 

[Greggs]

I reckon your ganja ones will pay off long, long-term.

too many shorts involved

 

[SBT]

As someone with zero personal exposure to it, watching the entire crypto and NFT market start to crumble into the ocean is powerful entertainment.

 

[clint van damme]

What’s the best crypto to invest in at the moment? Is something like XRP worth looking at?

Bought a load this morning! Its still involved in an ongoing court case with the SEC so it's a bit of a gamble but if it wins that it should go up in price.
IOTA currently has an ongoing airdrop so if you buy them and stake them in 5heir firefly wallet you get free shimmer tokens which are currently worthless but hopefully won't be in the future.

 

[clint van damme]

Anyone want to buy a dog?

Funnily enough, I've got a meme coin that's a dog, currently down 75%!
Only put 100 quid in but a fool and his money eh?!

 

[CCFCSteve]

You'll get a lot for your money at the moment.
Couldn't resist adding some more crypto to my wallet this morning at these prices.

Love it Clint…man after my own heart…however, I might be wrong but I personally think there’s worse to come in short/medium term I’m afraid. Western world needs to shake inflation issue which I think can possibly only happen with recession…or flat growth

I’m no expert but keep an eye on a lot of financial (mainly US)/crypto news…crypto/Nasdaq is pretty closely correlated especially on the way down with impact on crypto amplified. Unfortunately I have exposure to both…. Shitshow recently

Sick Boy - XRP is a longer term punt (like them all at the moment !!!!). As Clint says big rise a lot dependent on SEC decision which might be late this year or next now.

The suggestion at the moment is bitcoin is obviously the safest crypto investment, alt coins likely to be more adversely impacted in short term. Depends how much of a gambler you are (and it is a gamble) and how long you can wait it out, especially in the current climate

Like any investing I’d recommend doing research….not that it’s done me much good at the mo…just having to suck it up. Only advice is only invest what you can afford to lose/not need, maybe dribbling cash in gradually until you’re certain market has bottomed and taking some profits if you have the luck to get that far !

 

[CCFCSteve]

Anyway good luck in tough times all, I’m off to have a little cry

 

[SBT]

Bought a load this morning! Its still involved in an ongoing court case with the SEC so it's a bit of a gamble but if it wins that it should go up in price.
IOTA currently has an ongoing airdrop so if you buy them and stake them in 5heir firefly wallet you get free shimmer tokens which are currently worthless but hopefully won't be in the future.

If I airdrop enough IOTA into their firefly wallet, will I get enough shimmer tokens to one day exchange for slurp juice, or am I restricted to ape purchases for now?

 

[CCFCSteve]

As someone with zero personal exposure to it, watching the entire crypto and NFT market start to crumble into the ocean is powerful entertainment.

Same with a lot of US shares though SBT (Check Netflix and Amazon for example), bubbles, especially in US, were created by money printing and markets are now being smashed. It’s painful for many normal people so probably not the time to gloat too much. This is how I see the order of events for what it’s worth:

Pandemic/money printing/war
Inflation
Interest rate rises/QT to try to combat inflation
Markets panic/drop
Reduction in consumer confidence and spending*
Fall off in growth*
Probable recession* - although hopefully more technical and not massive job losses as job markets are quite buoyant
Hopefully recovery

What’s happening at the moment isn’t just crypto related, it will impact most people unfortunately…although obviously some more than others !

*I just hope these help get inflation under control relatively quickly otherwise we are pretty fucked for a bit

 

[jordan210]

Anyone else use coinbase. Few rumours about them going bankrupt.

 

[clint van damme]

If I airdrop enough IOTA into their firefly wallet, will I get enough shimmer tokens to one day exchange for slurp juice, or am I restricted to ape purchases for now?

 

[jimmyhillsfanclub]

Too scared to look if i'm honest!!

I just checked on the funds in my SIPP......wish I hadn't.

The worst of a bad bunch is my ethical fund.....I try & do the right thing by investing in a fund designed for responsible low-carbon green growth & ethical practice and it bascially shits all over me!

Meanwhile if I'd invested in guns, mining & general environmental destruction , I'd be quids in.

Still....Never mind....atleast I've got some Stellar & IOTA crypto......DOH!

 

[CCFCSteve]

I just checked on the funds in my SIPP......wish I hadn't.

The worst of a bad bunch is my ethical fund.....I try & do the right thing by investing in a fund designed for responsible low-carbon green growth & ethical practice and it bascially shits all over me!

Meanwhile if I'd invested in guns, mining & general environmental destruction , I'd be quids in.

Still....Never mind....atleast I've got some Stellar & IOTA crypto......DOH!

That’s so true about ethical. I bought some solar related fund shares in my SIPP a couple of years back and it’s always been down !!!!

 

[shmmeee]

If I airdrop enough IOTA into their firefly wallet, will I get enough shimmer tokens to one day exchange for slurp juice, or am I restricted to ape purchases for now?

And how many tulips will that get me?

 

[SBT]

Same with a lot of US shares though SBT (Check Netflix and Amazon for example), bubbles, especially in US, were created by money printing and markets are now being smashed. It’s painful for many normal people so probably not the time to gloat too much. This is how I see the order of events for what it’s worth:

Pandemic/money printing/war
Inflation
Interest rate rises/QT to try to combat inflation
Markets panic/drop
Reduction in consumer confidence and spending*
Fall off in growth*
Probable recession* - although hopefully more technical and not massive job losses as job markets are quite buoyant
Hopefully recovery

What’s happening at the moment isn’t just crypto related, it will impact most people unfortunately…although obviously some more than others !

*I just hope these help get inflation under control relatively quickly otherwise we are pretty fucked for a bit

While you’re not wrong, I was mainly referring to investment classes that never seemed to have any inherent value underpinning them. Amazon and Netflix may be taking a hammering, and they may well have been overvalued over the past few years, but at least they’re tangible businesses with a feasible path to profitability. I’m not sure you can say the same for stablecoins like Tether or ape NFTs. Or even meme stocks like GameStop.

For too long, too many people have tried to view the crypto/meme stock space as the world’s easiest casino, where all you had to do was show up and follow the crowds, and then just watch the profits roll in. I won’t gloat over the ordinary people who’ll lose a fortune chasing after those kinds of gains, who can ill afford to lose money at a time like this. But I don’t have any sympathy for the crypto cheerleaders who convinced vulnerable people to pile in because they’d convinced themselves they were geniuses who’d somehow hacked the entire global financial system. Turns out the line sometimes goes down as well as up.

 

[CCFCSteve]

While you’re not wrong, I was mainly referring to investment classes that never seemed to have any inherent value underpinning them. Amazon and Netflix may be taking a hammering, and they may well have been overvalued over the past few years, but at least they’re tangible businesses with a feasible path to profitability. I’m not sure you can say the same for stablecoins like Tether or ape NFTs. Or even meme stocks like GameStop.

For too long, too many people have tried to view the crypto/meme stock space as the world’s easiest casino, where all you had to do was show up and follow the crowds, and then just watch the profits roll in. I won’t gloat over the ordinary people who’ll lose a fortune chasing after those kinds of gains, who can ill afford to lose money at a time like this. But I don’t have any sympathy for the crypto cheerleaders who convinced vulnerable people to pile in because they’d convinced themselves they were geniuses who’d somehow hacked the entire global financial system. Turns out the line sometimes goes down as well as up.

Yeah, agree with a lot of that. Probably misread earlier post

There is something tangible behind a fair few the cryptos though and maybe I’m just a forever optimist, however, I see a number surviving and thriving in the medium/long term….which ones

 

[shmmeee]

Yeah, agree with a lot of that. Probably misread earlier post

There is something tangible behind a fair few the cryptos though and maybe I’m just a forever optimist, however, I see a number surviving and thriving in the medium/long term….which ones

I just can’t see it. BTC’s main benefit has always been untraceable transactions, money laundering, buying drugs, etc. As a legit payment method it’s too slow and expensive to move money around, it’s not going to threaten Visa any time soon.

All the others lack the brand recognition to be useful in a lot of places.

 

[SBT]

Yeah, agree with a lot of that. Probably misread earlier post

There is something tangible behind a fair few the cryptos though and maybe I’m just a forever optimist, however, I see a number surviving and thriving in the medium/long term….which ones

I think blockchain technology will have its uses (although I would be worried about advances in the cryptography/cybersecurity sector suddenly making it obsolete). But the last few weeks have made me very dubious about crypto’s long term value - it’s too volatile to be a genuine digital payment system, and if it is going to be an effective inflation hedge, it’s not showing any signs of it right now, when inflationary pressures are their greatest for decades. If it can’t do either of those then it’s essentially just a gambling instrument, which regulators are going to crush the moment they get a sniff that there’s systemic risk involved.

 

[CCFCSteve]

I just can’t see it. BTC’s main benefit has always been untraceable transactions, money laundering, buying drugs, etc. As a legit payment method it’s too slow and expensive to move money around, it’s not going to threaten Visa any time soon.

All the others lack the brand recognition to be useful in a lot of places.

Agree bitcoin won’t be that solution but I think others could take a chunk out the banking system in the future