Maybe try Vanguard? They don't have a referral scheme, sadly.Originally Posted by randomlegend
https://www.vanguardinvestor.co.uk/
Maybe try Vanguard? They don't have a referral scheme, sadly.
https://www.vanguardinvestor.co.uk/
I'm a twit
BTC puking its way to sub 18k right now.
This is our generation's dotcom bubble burst. Gonna be fucking brutal. First time its ever gone below a previous cycle's ATH, that's usually support. First time it'll have been through what will be a recession. First time without fucking bang on sweet inflation.
Crumble time.
The vertical line drop really is something.
I sure hope non of our local councils invested heavily in this.
Its just chewing through 2-5k buy walls at every level like its nothing. No liquidty in the market to buy, retail have fuck all money, institutions getting margin called and liquidated by the day. Feels very different to a regular bear market. Not even any substantial bounces, just death.
So glorious to see.
I'm still 3x short on Coinbase, which is going pretty well, but had Binance not stopped me from shorting Bitcoin I would have made tens of thousands here (or been margin called early doors).
I wanna know if that dude who shorted on 50x at 68k or so still has it open.
Lol 17k. 4000 BTC buywall chewed through in 1 minute.
Glorious. Ideally it needs to go low enough to bankrupt Coinbase, then I might still be on for retirement.
Its gonna claim a big exchange imo. My bet would be Coinbase, given the news about staff this week, and their CEO gloating about what he buys all the time. Plus the shit they list weekly, and investigations about insider trading.
I have always had Coinbase down as the exchange for people that aren't particularly interested in Crypto, but want to buy some because of FOMO. Coinbase is hugely user friendly for them, despite the fees, but surely most of them fled the market ages ago. The diehards aren't fucking about on Coinbase. Maybe some on Pro.
Yeah, I think (hope) they're fucked unless something changes. I don't think they survive this if it goes on for as long as a recession normally does.
Yeah out of the big 3 its definitely the most susceptible. Binance is just massive, is known (but not proven) to dump on users, open shorts etc. Shit load of backing, basically most of Asia.
FTX has Sam, worth about 30bil, and he's the golden boy. No way that is going under.
Anyone still got GME?
They’re doing a 4-to-1 stock split. My 10 shares are now 40.
Normally the stock price would drop to a quarter of the current price in line with that, but it's GME so no doubt it'll double in price instead.
All aboard the BenBot.
It was up 5% last I checked.
My current holdings
Rolls Royce - still a dud, full HODL
RELX - hoping to sell this relatively soon if it gets back above £23/share
Smith and Nephew - I’ve got two blocks of this, I bought in at £12 and then when it dropped to £11 added a bit more. Would like to bin these off if it gets back to £13, but it seems the floor fell out at £12 so could be another HODL
Admiral - probably a dud, will just hold long term and collect dividend
Legal and general - as per admiral
BMW - I debated binning this off a month ago when it was >80euro but seemingly selling foreign shares isn’t possible with a limit order and my concern of Russian exposure has come true, so stuck holding this one too.
Rio tinto - not sure what I was thinking here. Must’ve been pissed.
Shell - energy companies surely be the big winner of Russia does turn off the gas? Also not entirely sure why the share prices are down 15-20% over the last month or so for companies that are generatinf such enormous returns. Would’ve gone total given their gas portfolio but foreign shares are an arse.
I also did some totting of my company shares and turns out I’ve sold a heck of a lot more than I thought I had over the last 8 months, but interestingly I’m buying about £700/month via share schemes and dividends so I’ve only actually “sold” about half of that number.
It’s quite fun when you just accept your might end up holding them long term. I’m technically down probably a couple of hundred at the moment but could’ve been a lot worse.
Been trying to work out which companies are going to thrive in the chaos of gas meltdowns. Maybe there are no winners?
GameStop is genuinely my best asset at the moment. Everything is going south. Apart from BazBot of course.
Yeah, if we do tip into recession and the stock market tanks (further) I think I’m going to double my portfolio.
No risk it, no biscuit.
Although, no chance I’m going into GameStop.
I’ve been in since the “beginning” of the craze. I bought at $30. It was and still is a bit of a laugh but it’ll be my only profitable investment before long.
Woof - just checked the stock price. You said you’d 4x your holding with the split too?
How difficult is it to fill in that form to enable you to buy American shares? I’ve been meaning to do that for a while to take advantage of the impending doom in us financial markets.
For what it’s worth, my rolls Royce shares have been oscillating between 20-40% down as my biggest loser.
But my (previous) S&N and persimmon adventures both returned >10% gains after a couple of buy and sells.
I just have GME and other US stocks through UK companies.
Got 40k from liquidating my Swiss pension. Now got to decide what to do with it. Parents want me to stick it all in a private pension.
Have a weekend.
Maybe not.
Been there. Done that.
Buy Dogecoin
Give it to Bazbot should be the default option by now.
You should probably give it to charity tbh.
The most expensive seat at Arsenal is just shy of £13,000, so you can get that for three years.
Binned off relx this week just shy of £23/share and then S&M small lot gone as it approached £12 again.
BMW and Shell next
Tesla have sold their Bitcoin after Musk proclaimed last year when he bought it that he'd never sell it. Just the $500m loss then.
Is Elon Musk just wealthy Yevrah?
I'm trying to think of a person who he is less like than Yev.
That said, I don't think we actually know who he is. The "I'm just a Twitter Meme Bro" stuff is just an act from what is clearly a very astute business man.
Although he did pretty much buy the peak of Bitcoin and shit the bed, and he's had a 'mare with his plans to acquire Twitter so fuck knows.
Let's just hope he goes bankrupt and kills himself. Hate the cunt.
Last edited by Spikey M; 21-07-2022 at 08:14 AM.
Formerly astute, now deluded.
He's definitely a very bright man, but agree with Spikey, no clue what he's actually like as a person.
As for this and Twitter, you win some, you lose some.
He still has more down the back of his sofa than we could all club together in our lifetimes and I'm including BazBot continuing to run wild in that.
I'm not even sure he's that bright. None of his early stuff was a solo venture and he's probably funded the rest from the paypal sale. At least Bill Gates and Steve Jobs coded shit and said occasionally clever things.
Last edited by Shindig; 21-07-2022 at 07:31 PM.
Had a tip on Bay Capital Plc today from someone who has been reliable in the past. I've no idea about it personally so punt at your own risk.
Give me a good access point (minimal admin, maximum UI) to buying them and let's ride.
Market's closed now and I don't have any advice on how to buy it.
Up 5% from when the tip came in around 2pm. Not actually bought any myself yet.
I thought we were talking potential GME gains, if it's bazbot as run by TTH chickens then no worries.
How is your BTC short going, iron bollocks?
I asked how I could go about it during the pandemic. If you want to compare balls, I'm gonna need a couple weeks notice to arrange for the required hire of heavy lifting machinery to get mine out.
How's your buy to let going, forklift bollocks?
4 hours and my buy order is still pending.
More tips please.
All the shares im in currently are down, so I need to chase buys to even it out right?
The FSA are probably trying to work out why there is a sudden spike of interest in what looks like a low volume stock.
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