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Continued Losses

 It's a Sunday today so I can check my account continually. Seems like things are going south and I'm down financially again today. What was two-four-something-something yesterday is now hovering just above two-three. It's a lesson. In what I do not know, but maybe a lesson in, 'do not get too attached to your money when trading'.  It also means that the people who told me 'you must be prepared to loose all your money' were right.  Damn. Check Reddit for random comments - it is full of glorious doom makers revelling in the down turn, thinking they can make a fortune from cheaper shares. Also known as the bulls ("Is that short for bullshit?" I ask myself). It's also full of bears (translates to dub in Arabic - an insult meaning overweight and a bit intellectually slow) who have decided this is the time to hibernate because it's going to get worse. For at least two months. With a 20% drop in the value of everything. twenty per ce

Whoops

 I lost £168 yesterday and today I managed to loose some more. I'm now in negative territory and it don't feel good. That means my initial investment of £2,500 is now worth £2,444.25 and the key players; Bitcoin and Ethereum seem to be dropping in price. Side note: I've asked myself several times, as well as other people who trade, is it pronounced eee-ther-ree-umm? or eth-ther-ree-umm? or even could it be, eth-err-ree-hum? I just get mumbles back and continue to guess. So the game is on and I'm wondering how low can it go? Is the online world of stock trading going to crash? And will I loose my money? Who knows. And certainly not me - If I did I wouldn't be loosing it now would I? According to my mother, it is a dangerous place to be and in reality she doesn't know I'm investing my money here. It makes it so much more appealing. Word of the day: Blockchain Bear with me here, I'm still getting my head around this one. But it s

Today I lost £168

 Having not a clue about crypto (hell, I even find it difficult to spell the word), I invested £25 in an app called COINBASE a month ago. The idea was, to learn all about it. Turns out it’s a bit addictive and I’ve now invested, through the app, the grand total of £2,500. Every article tells me that I should, “blah-blah be prepared to loose everything I invest, blah” Bugger that. However reality means the money I invested from a high street bank account is now in some digital universe and if the market wills it, I’ll loose it. As they say in certain circles … everything happens for a reason (back to blah blah blah). To the numbers. Today I started with £2,718 and I ended the day with £2,550. So by juggling my thoughts I reckon I’m still 50 quid ahead, minus the gas fees [ gas fees = a 2% commission paid to COINBASE to transfer my money from crypto to Pounds and Pence ] So in reality, behind. Hey ho. But not by much I tell myself. So far it’s been cheaper than attending a tr