A few years ago I invested in 22 litecoin at £4 a pop and a bitcoin that I purchased for £70. I sold the bitcoin for amazon vouches at just over £400, but I should have kept it as it is worth over £3731 today.
My litecoin is trading at £57 each, so that calculates at over £1254 with the initial outlay being £88. If only I had invested more in a world of what ifs.
Has anybody else invested in these coins?
I wish, I had a coworker who bought some bitcoin, don’t know at what price but this was a couple years ago. Don’t know if he held onto it.
As Warren Buffett says be Fearful when others are greedy and greedy when others are fearful.
I like that. It’s a good rule for investing, not that I ever have or ever will invest anything.
I am a fan of the drama in cryptocurrency channels on freenode, but I haven’t traded bitcoin since it was worth about $500 CAD (about 311 GBP). First time I traded in it, I turned $5000 into $15000 in a matter of days due to altcoin trading (Max Keiser shilled Quarkcoin and I bought into that, but barely missed a $30k payout due to being outside and away from a trading terminal), and the second time some months later I managed to lose $5000 that I couldn’t afford to lose.
If seriously getting into trading, it would help to have a secure phone with API access to the exchanges, to securely dump coins while you’re away from your desktop, when markets get too hairy, or when you’re satisfied with returns.