Settle a discusson

Discussion in 'CryptoCurrency' started by Jaron78, Sep 2, 2021.

  1. Jaron78

    Jaron78 Gigabyte Poster Forum Leader

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    Was talking with my wife yesterday and Im considering pulling out of Crypto.
    Ive put about £800 into Eth which is now worth about £1550 so about £750 in profit.

    I could, withdraw the £1550, pay off a couple of bills which leaves me extra £200 pcm or leave it in there and see if it climbs a bit higher.

    Alternatively, I could leave the £800 and take out the profit and make a nice big dent in one of my bills leaving me with an extra £100 pcm.

    I know no-one here is a financial wizard and I promise not to sue anyway based on their opinion but I was just curious as to your thoughts.
     
  2. dmarsh

    dmarsh Petabyte Poster

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    If the bills are interest free then just leave em.

    Stick it in :

    1. Cardano (ADA)
    2. Stocks and Shares ISA - Tattooed Chef (TTCF)

    If you are paying credit card interest at 27 million percent, then pay the credit card off and destroy it.
     
    Jaron78 likes this.
  3. Jaron78

    Jaron78 Gigabyte Poster Forum Leader

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    Yup, interest free bills so thats all OK.
    Will take a look at Cardano and TTCF.

    Thanks @dmarsh
     
  4. dmarsh

    dmarsh Petabyte Poster

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    Stocks and crypto may go down as well as up, this does not constitute financial advice :D
     
    JK2447 likes this.
  5. Jaron78

    Jaron78 Gigabyte Poster Forum Leader

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    Ha Ha. Duly noted!
    All on hold at the moment as the price of Etherium has Booooomed!!
     
  6. JK2447
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    JK2447 Petabyte Poster Administrator Premium Member

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    How's it looking now mate?
     
    Certifications: VCP4, 5, 6, 6.5, 6.7, VCAP DCV Design, VMConAWS Skill, BSc (Hons), HND IT, HND Computing, ITIL-F, MBCS CITP, MCP (270,290,291,293,294,298,299,410,411,412) MCTS (401,620,624,652) MCSA:Security, MCSE: Security, Security+, CPTS, CCA (XenApp6.5), MCSA 2012, VSP, VTSP
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  7. Jaron78

    Jaron78 Gigabyte Poster Forum Leader

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    Bombed mate! But been doing some research and according to the "experts" it bombs in September then around December / Jan....Goes into the stratosphere. We shall see!
     
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  8. JK2447
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    JK2447 Petabyte Poster Administrator Premium Member

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    Fingers arms legs and eyes crossed for you mate
     
    Certifications: VCP4, 5, 6, 6.5, 6.7, VCAP DCV Design, VMConAWS Skill, BSc (Hons), HND IT, HND Computing, ITIL-F, MBCS CITP, MCP (270,290,291,293,294,298,299,410,411,412) MCTS (401,620,624,652) MCSA:Security, MCSE: Security, Security+, CPTS, CCA (XenApp6.5), MCSA 2012, VSP, VTSP
    WIP: VCP7
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  9. Jaron78

    Jaron78 Gigabyte Poster Forum Leader

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    We shall see mate. Not going to make me a millionaire, but hey, Is suppose people said the same about BitCoin ha ha
     

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