Why would you resort to calling me a Muppet ? Have I insulted you in some way that you feel the need to insult back ?don0301 wrote: ↑Sat Dec 09, 2017 9:42 pmHave you cashed that "close to £20k"? then you've "made" nothing you muppet...Mark-RS wrote: ↑Sat Dec 09, 2017 9:28 pmIt's dropped in the last few days, but this is the nature of the beast. It can drop a few thousand in a few days, but a few weeks later it goes right on by the previous high again.
As with anything, there is always a risk and there are those that are willing to take that risk and those that are not. I took the risk and overall have close to £20k more than I did at the start of this year.
There can't be too many investments (If you can call it that) will give give you such a high return. At least not for the average person.
And why would I cash it out ? If it's currently sitting at £20k profit over and above what I put in then YES ! I do have that as profit. I could cash it out at any point. Just because it's not cashed out does not mean it any less a real currency of value.
That would be like me asking you why you have not transferred all Your £££ into $$$ because the £££ May or may not be worth less tomorrow. See how silly that is ?
Also I do not have to cash it out. I could quite easily spend it. Plenty of places take BTC as a payment option these days.
Currency is currency, weather it be digital or metal/paper and as with any currency it's value will always go up and down from one day to the next. Just happens the BTC goes up and won in massive amounts, whereas regular everyday currency may alter by a fraction of a % at a time.
There is no difference, other than the scale of it.