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| 141. Author: LochgellyAlbert Date: Fri 5th Jul 2024. 10:50 OzPar, Wed 15 May 01:20 Taking some hammering today, GE result?🤔🙈 Reply |
| 142. Author: The One Who Knocks Date: Fri 5th Jul 2024. 12:30 US Fed indicating that interest rates are likely not to be cut in the next few months. And although my eyes were open They just might as well be closed Reply |
| 143. Author: DBP Date: Sat 6th Jul 2024. 17:34 I’m still 42% up since December - so fall compared to very recent prices but still a great horse to back! Reply |
| 144. Author: DunfyDave Date: Mon 8th Jul 2024. 12:48 Thanks for the update Oz Ouch 21% down in a month is a sore one especially when the FTSE has been doing so well of late and on a nice little run. Upside is of course that you have still doubled your initial outlay. DunfyDave Reply |
| 145. Author: DunfyDave Date: Wed 7th Aug 2024. 08:59 This week`s catastrophic crash in the stock markets saw my stocks drop by over 3% and wiping thousands from my portfolio. Amazon stocks alone plunged by 10% and reduced to $158 per share from a year high of $201 Be interesting to get updates from Oz and DPB on how your crypto experiment faired during this turbulent period. DunfyDave Reply |
| 146. Author: parsmad68 Date: Wed 7th Aug 2024. 09:30 DunfyDave, Wed 7 Aug 08:59 Is it still low after the market rebound? Reply |
| 147. Author: DunfyDave Date: Wed 7th Aug 2024. 11:51 parsmad68, Wed 7 Aug 09:30 It still has a way to go to catch-up the downside PM68 Amazon is currently at $162 and needs to make it up to $185 when it fell of a cliff. DunfyDave Reply |
| 148. Author: Luxembourg Par Date: Wed 7th Aug 2024. 15:23 DunfyDave, Wed 7 Aug 08:59 BTC took a dive of about 28% since the high on 29 July but has recovered 10% (roughly a third of the drop) of that back in the last two days. 70k -> 50k -> 57k Wouldn’t have my pension in there, but it’s fine for a flutter  Reply |
| 149. Author: OzPar Date: Thu 8th Aug 2024. 03:43 Yes, the crypto market has taken a fair bit of a bashing these past four months. On 30 March, my portfolio broke through the 4k barrier, peaking at $4,013. It has been slowly reducing since then, with today`s balance sitting at $2,503. Bear in mind that my initial investment 3.5 years ago was $1,400. Reply |
| 150. Author: DBP Date: Thu 8th Aug 2024. 06:04 Just stick with Bitcoin oz… Value does go in cycles, but only in one direction and even with drops it’s still up 40% from Christmas Reply |
| 151. Author: DunfyDave Date: Fri 9th Aug 2024. 12:11 Looks like even though you took a hit of nearly 40% you are still up around 70% since the start of your experiment. Have to admit that is a fantastic ROI over the timeframe. In the same timeframe, my investments spread over a mix of quality stocks managed a a mere 60% ROI At your dizzy height you achieved 186% return and I wish you well on your journey back there. DunfyDave Reply |
| 152. Author: ipswichpar Date: Fri 9th Aug 2024. 12:28 All a big scam. Reply |
| 153. Author: OzPar Date: Fri 18th Oct 2024. 07:24 I must admit I have not paid much attention to the market recently. The last time I reported, in August, my portfolio, worth $2,503, looked pretty gloomy. It slumped further to a low of $2,301 on 9 September, but it has been on a steady rise since and is sitting today at $3,012, back to where we were when I reported in May. I launched this portfolio on 11 February 2021, splitting the investment into $600 with Bitcoin, $600 with Doge, $100 in a basket of the top 10 capitalised coins, and $50 each on a couple of “randoms” that were climbing fast on the day – IOTA and Crypto.com. So, where is my $1,400 today? Bitcoin... $1,368 Doge.... $1,257 IOTA......$18 Crypto....$0 (-$50) Basket....$369 (+$269) TOTAL.....$3,012 (+$1,612) That’s 44 months into this, and I have more than doubled my investment. Not bad at all. I think I will hang in there until 48 months, then cash out and give any profits to charity. Four years is sufficient time to support the argument that crypto has legs, but I say that with strong reservations. I carefully selected my portfolio from the most capitalised coins, and with few exceptions, they have done me very well. As an essential part of the experiment, I chose a couple of randoms that were the best performers on the day I began. And -surprise, surprise – they both tanked! The moral there perhaps is, don’t chase rainbows; look for the evidence that time provides. And never risk more than you can afford to lose. Reply |
| 154. Author: buffy Date: Fri 18th Oct 2024. 13:59 I’m writing ye my Christmas list, Oz 😉 ”Buffy’s Buns are the finest in Fife”, J. Spence 2019” Reply |
| 155. Author: DunfyDave Date: Sat 19th Oct 2024. 10:39 A return over 100% in three and a half years is a bloody good return Oz. Well done you 👏 I always enjoy reading your wee updates Oz and appreciate your posts. Thank you. My risk appetite is bland even after reading and following your amazing progress. I came close to investing in a US Company, Microstrategy, whom closely follow/invest in crypto but chickened-out. Now they are absolutely flying from $32 to $220 in a year with over a 500% return. Damn! I think my major fear with crypto boils down to it being manufactured from thin-air. It was invented as a currency yet most tend to treat it as an investment rather than something you spend. It also has little government backing. Another fear is the number of inventors that followed suit only to go bankrupt with some facing criminal sanctions only tarred the image of crypto. My wife`s uncle is an Oxford graduated economist and he is the opposite of me and warmly supports crypto in theory claiming that the system is far superior to the fractional reserve banking system currently employed worldwide. I hasten to add however that after probing him, I discovered that he has several bank accounts, ISA`s, SIPP`s and invests in the stock market with many banking stocks but ZERO investments in crypto 😉 Perhaps with the ongoing threat from Russia, Iran, North Korea and Trump America all this wonderful debate of investments and crypto will amount to nothing and tomorrow`s hot currency will be bullets and ammunition 🤔 DunfyDave Reply |
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