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Probably going to get CZed by FBI.

Er, think I'll go for Terry....

Your timing is good. well done. But fail to see why this means you staunchly defend a very volatile instrument. You hate it when I call crypto "Dutch tulips", but fail to acknowledge that many people made a lot of money out of Dutch tulips because they got the timing right. Thats the nature of...

Misunderstood my point. Never mind.

You are too smug. CSW is safe from fraud, but it is not safe from crypto being worth 10% today what it was yesterday.

Well, do you? It might stack on paper but can you be certain that you get your money out when you want it? FTX is a warning shot (and shows how $bns wiped off in a moment, including charities)? Crypto has two huge problems for private investing: volatility and illiquidity. The latter is 'solved'...

Of course it is; Gamestop is a bad example as it required a concerted effort; much easier for rogue individuals to ramp Penny shares, which has been happening for yonks. Never seen Wolf of Wall Street or Wall Street? The difference is that the legit market is sufficiently well established to...

Carry on believing, you are well past the point of no return.

You'll probably get fried now by the supposedly ITK brigade on here who think crypto is a goldmine and think that those of us who invest in companies and funds that have been around a while and do weird things like paying dividends are mad. Of course it is a ponzi scheme, dressed carefully in...

'twas ever thus.

You're asking for the patronising 'this is serious stuff, its the future, very sound investment, you don't know what you are talking about' reply. I prefer #1857 where poster mentions about staking money; that's where we are at.

Yup, boomer who has got hurt financially in the past backing stupid things. Guess you would call Terry Smith a boomer, so pointless following his funds. We just know nothing. I invest heavily in funds, trusts, ETFs, and shares. Some of these are high risk but less than used to due to losses...

Exactly, no value. This is about holding crypto, not using it. Lotex is simply a facilitator that gladly accepts your money without a whole load of detail what it does with it: according to their own website: "[Lotex] is a new age thought. Especially this is a private blockchain that works...

Article in Times today setting out that many of the companies involved with crypto are little more than brass plate operations, all taking a cut in spread and fees and of course all unlicensed as crypto is unregulated. Crypto has no intrinsic value, so anyone getting involved is hoping to win...

Agreed - which is why it is not a good idea IMO to go chasing it, because even if you are one of the cognoscenti elite you are bound up with a lot of people who know rock all. Don't get me wrong - if folk want to buy crytpos, that's their right. If it were less volatile, less energy using, and...

I think I do - have run a very successful DIY portfolio for 30 years with some high risk investments - some win, some lose; I make the point that crypto may have legs as alternative currency in the end, but that is not a good reason to go chasing it in order to make a quick buck, which is what...

Indeed - Dutch tulips. Made point a few times on here and been scorned. What did crypto ever do for the world? It might regen as more respectable medium for payment if governments get involved but presently is just extremely useless eco unfriendly froth.

Dutch tulips.

Lucky you. Keep busy so you can't dabble.

Absolutely not. This is one investment that really could be worth zip. Piling in now to dividend paying companies in boring relatively safe sectors (e g GSK, Unilever) is one thing. Playing Dutch tulips with a chimera is entirely another. And I am not piling in on anything at the moment. Hold...