Stocks and Shares
- Thread starter Talivar
- Start date
Zarjazz
Identifies as a horologist.
- Joined
- Dec 11, 2003
- Messages
- 2,417
Putting everything into crypto would make me very nervous.
- Joined
- Dec 11, 1997
- Messages
- 9,076,994
This is disposable money so I don't really mind if I lose it, remember it's been sat in shares for 10 years not gaining but slowly loosing so I thought take it out and chuck it somewhere else, plus my original crypto investment is up over 300%.
- Joined
- Dec 22, 2003
- Messages
- 36,724
I'm tempted to increase my exposure to crypto (I'd only invested a few thousand of hard cash and that's worth probably about $45,000 now if I tot it all up) but I'm keeping my traditional investments (of which I've got fuck all really) too.
Like a lot of people - my biggest investment exposure is the housing/rental market. And that's far from risk-free. (And in the current political climate seen as low hanging fruit cheap-pickings by the Tories.).
Honestly - it feels like the government are running around after me and taxing the fuck wherever they can. They shutdown my company, they've hit people's pensions, they've increased home taxes and rental taxes for people who bought elsewhere and rented their original home out (though if you have sixteen houses or more you get an exemption from that tax - so it's clear it's all about taxing the little guy - I mean, how many people have sixteen houses!).
Meanwhile, Warren Buffet says he pays less tax than his secretary, big corporates pay fuck all and the rich are getting richer at record rates.
Like a lot of people - my biggest investment exposure is the housing/rental market. And that's far from risk-free. (And in the current political climate seen as low hanging fruit cheap-pickings by the Tories.).
Honestly - it feels like the government are running around after me and taxing the fuck wherever they can. They shutdown my company, they've hit people's pensions, they've increased home taxes and rental taxes for people who bought elsewhere and rented their original home out (though if you have sixteen houses or more you get an exemption from that tax - so it's clear it's all about taxing the little guy - I mean, how many people have sixteen houses!).
Meanwhile, Warren Buffet says he pays less tax than his secretary, big corporates pay fuck all and the rich are getting richer at record rates.
Zarjazz
Identifies as a horologist.
- Joined
- Dec 11, 2003
- Messages
- 2,417
I only invest in what I understand and I still don't understand crypto. Sure I understand the low level technical details and the fact commodities are worth what ever people are willing to pay for them but I also understand they have no intrinsic value.
So I put most in a low risk tracker fund rather than individual stocks and the "play money" in whatever I feel like. That has been watches in recent years and I've been killing it there because I spent the time to understand the sector.
So I put most in a low risk tracker fund rather than individual stocks and the "play money" in whatever I feel like. That has been watches in recent years and I've been killing it there because I spent the time to understand the sector.
- Joined
- Dec 11, 1997
- Messages
- 9,076,994
Hope you have a proper cold wallet and your seeds are secured safely.I'm tempted to increase my exposure to crypto (I'd only invested a few thousand of hard cash and that's worth probably about $45,000 now if I tot it all up) but I'm keeping my traditional investments (of which I've got fuck all really) too.
Like a lot of people - my biggest investment exposure is the housing/rental market. And that's far from risk-free. (And in the current political climate seen as low hanging fruit cheap-pickings by the Tories.).
Honestly - it feels like the government are running around after me and taxing the fuck wherever they can. They shutdown my company, they've hit people's pensions, they've increased home taxes and rental taxes for people who bought elsewhere and rented their original home out (though if you have sixteen houses or more you get an exemption from that tax - so it's clear it's all about taxing the little guy - I mean, how many people have sixteen houses!).
Meanwhile, Warren Buffet says he pays less tax than his secretary, big corporates pay fuck all and the rich are getting richer at record rates.
- Joined
- Dec 22, 2003
- Messages
- 36,724
Got a bitcoin in an offline wallet that's stored on cloud. Printout of my seeds.
Rest is split between coinbase and bittrex. I'm not *hugely* concerned about exchanges being hacked now. Certainly not the bigger ones. Their whole business model is related to the strength of their cyber security so I don't expect MtGox.
SilverHood
FH is my second home
- Joined
- Dec 23, 2003
- Messages
- 2,302
If you're going to day trade, then the MEME WSB shares offer lots of volatility. Could lose it all though. It's not a rational market.
If you're after long term investments, look at industries that got crushed during pandemic, but will return to normal afterwards, or those that will remain strong after pandemic ends. If you're not sure about individual companies, look at buying an ETF that covers the area you want to get into.
For $200, you're not going to get far unless you trade options, but that has its own risks.
If you're after long term investments, look at industries that got crushed during pandemic, but will return to normal afterwards, or those that will remain strong after pandemic ends. If you're not sure about individual companies, look at buying an ETF that covers the area you want to get into.
For $200, you're not going to get far unless you trade options, but that has its own risks.
- Joined
- Dec 22, 2003
- Messages
- 36,724
- Joined
- Dec 11, 1997
- Messages
- 9,076,994
I've made no where near what you have as I do not have any bitcoin. I have a wide portfolio which has risen by over 300%.I hear BTC got to 40k today.
How much have you made already?
Just purchased some ADA and XLM. Now is the time I HODL.
Though it is great news for bitcoin holders. I will see if BTC drops and then buy some unless you want to send me some?
- Joined
- Dec 11, 1997
- Messages
- 9,076,994
ADA since I bought the coins is up over 30%. Nice tidy profit. But I will HODL still.I've made no where near what you have as I do not have any bitcoin. I have a wide portfolio which has risen by over 300%.
Just purchased some ADA and XLM. Now is the time I HODL.
Though it is great news for bitcoin holders. I will see if BTC drops and then buy some unless you want to send me some?
Talivar
Part of the furniture
- Joined
- Jan 27, 2004
- Messages
- 2,057
- Thread starter
- #46
I invested into ADA aswell after reading about some of the things they have planned for this year. I am not an expert but it felt like it could be a big year for them. I only used money i could afford to lose though incase i was wrong lol. I am upto $400 now thanls to buying then selling the vaccine shares
Raven
Fuck the Tories!
- Joined
- Dec 27, 2003
- Messages
- 44,832
Nvidia limits crypto-mining on new graphics card
Nvidia's latest graphics card will deliberately slow down if used to mine a popular crypto-currency.
www.bbc.co.uk
Huzzah
Seems a bit off to punish gamers who want to use their expensive GPU to mine a bit on the side. And it's just a driver tweak, I give it a couple of weeks before it's been reversed (or older drivers are hacked around with to work with the new cards). And they could've done this ages ago but I guess they wanted to milk the crypto cash-cow fully before appearing to magnanimously denounce mining. Ethereum mining will be finished before too long so people are going to stop using GPUs to mine anyway - certainly in the numbers they're currently being used.
Raven
Fuck the Tories!
- Joined
- Dec 27, 2003
- Messages
- 44,832
Oh, they have definitely been wallowing in and loving all the crypto waves, they haven't been able to make them quick enough and yeah, likely a marketing gimmick to build peoples interest in upgrading their card before the 3090ti announcement in a month or so.
No they don't...
- Joined
- Dec 22, 2003
- Messages
- 36,724
Not really. Game, then when you're finished gaming, switch to mining.Nvidia limits crypto-mining on new graphics card
Nvidia's latest graphics card will deliberately slow down if used to mine a popular crypto-currency.www.bbc.co.uk
Huzzah
Raven
Fuck the Tories!
- Joined
- Dec 27, 2003
- Messages
- 44,832
Well, no. I ain't paying 1500 for a graphics card
and they wouldn't be anywhere near to that without crypto mining...supply/demand.
Gwadien
Uneducated Northern Cretin
- Joined
- Jul 15, 2006
- Messages
- 19,917
AMD are coming up, but they're not as close tbh.
Coming from someone with a AMD GPU and regrets it a bit.
They wouldn't be anywhere near that price without mining but both Nvidia and AMD were guilty of dressing paper launches up as something more substantial. AMD get away with it a bit because the mining demand shot up just after they announced the 6000 cards (while trying to get a new line of CPUs out as well) but Nvidia launched 2 months earlier with barely any stock (they then pretended they were surprised at how much demand there was).Well, no. I ain't paying 1500 for a graphics card
Nvidia are definitely winning because of DLSS 2.0 (which AMD currently don't have an equivalent of) and to a lesser extent raytracing (because it's not really mainstream enough yet to matter) but AMD are right there with rasterisation performance and ahead with power consumption and value. They've also done very well for themselves in the mid and lower ranges over the last few years.
- Joined
- Dec 22, 2003
- Messages
- 36,724
Nvidia actually came out and said that was a crock of shit the other day - it's that gamer demand is so high, not crypto demand. (I posted a link)Well, no. I ain't paying 1500 for a graphics card
Gwadien
Uneducated Northern Cretin
- Joined
- Jul 15, 2006
- Messages
- 19,917
I think you're a bit wrong there though.
So many games are being geared towards chinese players, by not involving things that'd be banned in China and having chinese characters.
I'd wager they're probably the biggest market atm.
Squad for example; 100 player fps game, vaaaaaaaassssttt majority of servers are Chinese.
Raven
Fuck the Tories!
- Joined
- Dec 27, 2003
- Messages
- 44,832
Yes, except...
www.techradar.com
Cryptominers bulk buying RTX 3000 laptops in China to mine Ethereum
Even laptops are mining as Cryptocurrencies boom