Bitcoin

[henrys202020]

anyone  one  bought   bitcoin

[Peter Pedant]

no - it is at a HIGH which is usually NOT a sign you should buy.

I suspect you can never cash out - but at £30 k per unit dont want to find out practically

[andy-hughes]

No.

If it looks too good to be true .....

[jno]

no. It's very volatile, up one minute and down the next. If you want to try it, you'll need iron nerves and a lot of spare cash somewhere else.

Remember the old adage: "Q: What's the best way to make a small fortune on the stock market?" "A: Start with a large fortune." Much the same with bitcoin.

[Ellipsis]

It's not good for your body or soul ...

[barry1010]

No.  You have to really know what you're doing, understand the risks and be prepared to lose the money.

I've never been a gambler

[newmodarmy]

Some good advice here.

https://www.theanswerbank.co.uk/members/hfjl2020/

[davebro3]

It's said that institutions (banks etc.) are driving the current rise in bitcoin price. There aren't that many left to "mine" & mining is becoming very expensive. A good many have been "lost" because people have lost access or forgotten where they stored them. 

I don't think the guy in Wales has succeeded in digging up the council tip to try to recover his lost hard drive worth millions.

I wouldn't get into bitcoin now but wish I had 5 years ago - C'est la vie.

[newmodarmy]

Don't believe the claims that well known people endorse bitcoin. Don't be tempted by a low cost offer to start with just £200. You'll be bombarded with calls telling you've got to put in lots more. If you don't understand it, keep away.

[Khandro]

 caveat emptor!  They speak of little else in Barnsley.

[barry1010]

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