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Post by cousinlou on Dec 1, 2020 11:30:50 GMT
I've got shares in a company that does the antibody test for the Oxford Astra/Zeneca vaccine. If it works, it "should" be a massive hit. The Oxford vaccine has an advantage over the other two in that it can be stored at normal medical refridgeration levels, whereas the other two need -30 degree levels. My portfolio is humdrum at the moment - Games Workshop had some value sliced off when the vaccine news hit because I imagine holders sold up and moved theirs across to more undervalued ones. My gold mining one also took a hit because if there is a return to "normality" then there's a chance that gold will lose its value. I'm predicting a great deal of volatility over the next 5 years at least, so it's all about holding right now and not worrying too much. The real "sweet spot" for understanding it all (for me at least) is knowing when something is over or under valued and moving accordingly. That comes with experience. I was a bit blase at first, but now I do a lot more research. I'm chucking some money into an app called Big Night. www.seedrs.com/big-night/sections/investorsThey are a service looking to work with restaurants to deliver food to customers. It's sort of riding on the back of Deliveroo but looking at a more lucrative market for people who don't want kebabs etc, but want restaurant quality food at home. That used to be the case but I don't think it is anymore. The 'real' value can only be determined by looking at the intrinsic value. Similar to the times that coins had a real intrinsic value ( Silver or Gold) Neither companies or coins have that anymore and their value is only a function of supply and demand which both are impossible to accurately measure.
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Post by oh oooh on Dec 1, 2020 11:50:00 GMT
If any of you had taken my advice on BITCOIN earlier this year you'd be QUIDS IN by now
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Post by tory on Dec 1, 2020 11:57:14 GMT
Bitcoin will drop again.
My problem with it is that it's problematic - buying it and then storing it isn't straightforward for example. Crypto is obviously here to stay, but as a long-term investment I'm not so sure. Something will come along and improve on Bitcoin as well I suspect.
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Post by Deleted on Dec 1, 2020 12:10:15 GMT
Is Crypto/Bitcoin still a thing? i thought it was dying a slow death.
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Post by Half Machine Lipschitz on Dec 1, 2020 12:35:44 GMT
This is what you want...
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~ / % ? *
god
disambiguating goat herder
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Post by ~ / % ? * on Dec 1, 2020 13:28:43 GMT
If any of you had taken my advice on BITCOIN earlier this year you'd be QUIDS IN by now Unfortunately, it's ascent in value is directly tied into hackers asking for/getting paid their ransoms in bitcoin for hacking businesses, school districts, universities, local governments, police stations, etc.,
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Post by cousinlou on Dec 1, 2020 13:32:14 GMT
If any of you had taken my advice on BITCOIN earlier this year you'd be QUIDS IN by now With an historical volatility of 98% it's not really an investment you can do if you need the money back at some point.
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Post by oh oooh on Dec 1, 2020 13:43:56 GMT
If any of you had taken my advice on BITCOIN earlier this year you'd be QUIDS IN by now Unfortunately, it's ascent in value is directly tied into hackers asking for/getting paid their ransoms in bitcoin for hacking businesses, school districts, universities, local governments, police stations, etc., Oh really? That's interesting.
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Post by tory on Dec 1, 2020 13:49:08 GMT
If any of you had taken my advice on BITCOIN earlier this year you'd be QUIDS IN by now With an historical volatility of 98% it's not really an investment you can do if you need the money back at some point. And at $18K a pop right now, not something you can just fritter away either.
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Post by tory on Dec 2, 2020 16:37:33 GMT
My gold shares just hit 50% since I invested in August, which has given me a nice return. I suspect I'd like to hold until it's 100 - 200% and then sell, because I suspect it won't go much further. It hit a similar height back in October and then plummeted significantly, so I'm wary that such a thing will happen again with people pumping and dumping.
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Post by tory on Dec 24, 2020 14:46:15 GMT
27% up on the year. Ups and downs, but my main holding did well this year. I missed out on the proper gravy train when it was around 1p this time last year, but have nearly doubled my return on it, buying at 18p and seeing it close at around 37 today. Another share didn't do so well and I bought a lot when it was perhaps overvalued and has sunk into the doldrums. Still, it's a long term hold and I didn't invest too much in it for it to be a concern.
I've learnt a lot about markets and how business operates in that time. My only regret is not doing this 20 years ago.
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Post by oh oooh on Dec 24, 2020 15:09:09 GMT
Yeah, I feel the same way. My nephew (19) was just over and he was talking about investments, which surprised me a bit - he's a really good kid and not at all a wanker He says he learned a lot from playing Grand Theft Auto!
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Post by Deleted on Dec 24, 2020 15:17:09 GMT
Yeah, I feel the same way. My nephew (19) was just over and he was talking about investments, which surprised me a bit - he's a really good kid and not at all a wanker He says he learned a lot from playing Grand Theft Auto! So is he investing in a strip club?
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Post by cousinlou on Dec 24, 2020 17:29:43 GMT
The funny thing is that this is why most investment bankers are such clowns. They get lucky one time and start thinking they have a special gift for investing.
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Post by Deleted on Dec 24, 2020 19:36:42 GMT
I've got shares in a company that does the antibody test for the Oxford Astra/Zeneca vaccine. If it works, it "should" be a massive hit. The Oxford vaccine has an advantage over the other two in that it can be stored at normal medical refridgeration levels, whereas the other two need -30 degree levels. You shouldn't be profiting from that.
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