My B in L lectured me over Christmas about how much money people had made on the massive uplift in value of Bitcoin and chain link (or something like that).
He is adamant the latter is backed by big business and has blue chip investors.
I know all about the risks of of trading, and the usual don’t gamble what you can’t lose… etc.
Looking to see if anyone with a financial perspective has any informed comment that goes beyond armchair speculation. The profits are certainly better than the interest rate in my isa. I have about 20k to mess with.
Some people really need reinforcement for their actions from others
Truth still needs verification…
Personally I would consider a range of different investment options rather than going for something that looks too good to be true. Do you have an IFA/ wealth manager who can give you some real world rather than ‘gold-rush’ speculation advice?
Given all your eco efforts, you may want to look at what underpins Bitcoin - namely totally unnecessary burning of huge quantities of electricity to do useless calculations on big computers. ie direct fucking of the environment to calculate a number that, somehow, is worth actual money.
It’s a massive fucking scam. Yes people will make money - madoff did alright too - but unless you want to buy drugs or guns there are far far better options for ‘investment’