The Student Room Group

The Cryptocurrency Thread



Welcome to The Cryptocurrency Thread

Please use this thread for any discussion relating to cryptocurrency.

If you own any cryptocurrency make sure never to reveal your private key or give out any personal information on this thread or via PMs. Keep your cryptocurrency safe!




Have no idea what cryptocurrency is and would like to find out more? Here are some basic questions to get you started.

What is cryptocurrency?
https://www.investopedia.com/terms/c/cryptocurrency.asp

What is bitcoin?
https://en.wikipedia.org/wiki/Bitcoin

Bitcoin whitepaper
https://bitcoin.org/bitcoin.pdf

What is "the blockchain"?
https://www.investopedia.com/terms/b/blockchain.asp

Where can I buy cryptocurrency?
From a trusted regulated exchange such as Coinbase and you'll have to be 18 years old and supply documents to verify your identity.

Is cryptocurrency investing safe?
Cryptocurrency is highly speculative and extremely volatile and you may lose your entire investment so never invest more than you're willing to lose.

How can I see what the prices are of all the different coins?
You can see the prices at https://coinmarketcap.com

Is cryptocurrency legal?
Cryptocurrency is legal in almost every country.

Isn't cryptocurrency used mostly by criminals?
No! When cryptocurrency was first invented it was mostly used by criminals but now it's used by large and small businesses around the world.

Can I ask for investment advice?
I highly recommend not asking for investment advice on which coin to buy etc because we're not professionals and you may lose your entire investment.

Can I post my referral link?
No, referral links are not allowed


If you have any further questions don't hesitate to ask away :smile:
(edited 6 years ago)

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I love how my post was the last before you announced the lock

#CrippleTheRipple
Original post by Ganjaweed Rebel
I love how my post was the last before you announced the lock

#CrippleTheRipple


I didn't even see it before I locked it but to reply to your previous post. Yes Ripple was stupidly overpriced and pumped, it needed to come way back down.
Just keep hodling...
Since this is the first page:

PEOPLE PLEASE! INVEST Responsibly!

DONT BUY JUNK! Like Pac Coins or Moon Shoot coins - Tron etc !

Research the project! Diversify (Keep a few coins rather than 1)

Dont invest, what you cant afford to lose
Original post by helpmekid
Since this is the first page:

PEOPLE PLEASE! INVEST Responsibly!

DONT BUY JUNK! Like Pac Coins or Moon Shoot coins - Tron etc !

Research the project! Diversify (Keep a few coins rather than 1)

Dont invest, what you cant afford to lose


I think a lot of people would be upset about calling tron a shitcoin :lol:
Original post by Al-farhan
I think a lot of people would be upset about calling tron a shitcoin :lol:


I would consider it a **** coin tbh.
@Trihawk7
Do you own any HPB how did you buy?
It is only on some weird exchanges I have never heard of like bibox and allcoin.
Original post by Al-farhan
@Trihawk7
Do you own any HPB how did you buy?
It is only on some weird exchanges I have never heard of like bibox and allcoin.


Bibox is owned by Binance I'm pretty sure because my deposit was transferred to Binance's big wallet. And yes I own some HPB through Bibox.
Reply 9
Christ, time to get out when a student forum has an official thread on this pure gamble.
Original post by Reue
Christ, time to get out when a student forum has an official thread on this pure gamble.


"Official" as in this is the primary thread for all posts as cryptocurrency is becoming more and more popular we're seeing more and more questions about it so having one general purpose thread is better.
Reply 11
Original post by Ninja Squirrel
"Official" as in this is the primary thread for all posts as cryptocurrency is becoming more and more popular we're seeing more and more questions about it so having one general purpose thread is better.


Throwing money away on fixed odds betting terminals is also extremely popular yet we don't have an official thread promoting that?
Original post by Reue
Throwing money away on fixed odds betting terminals is also extremely popular yet we don't have an official thread promoting that?


I've removed the word "official" from the title, are you happy now?
Reply 13
Original post by Ninja Squirrel
I've removed the word "official" from the title, are you happy now?


Much
Original post by Reue
Throwing money away on fixed odds betting terminals is also extremely popular yet we don't have an official thread promoting that?


It's in the first post

"Is cryptocurrency investing safe?
Cryptocurrency is highly speculative and extremely volatile and you may lose your entire investment so never invest more than you're willing to lose."
Original post by Reue
Much


Great :smile:
Reply 16
Made an account just for this d:, love how mainstream this has become. Anyone need any help hmu.
Enjoy crypto while it lasts and remember to take profits and dyor!
Reply 17
Original post by Ganjaweed Rebel
It's in the first post

"Is cryptocurrency investing safe?
Cryptocurrency is highly speculative and extremely volatile and you may lose your entire investment so never invest more than you're willing to lose."


Cryptocurrency is gambling at this stage, not investing.
Original post by Reue
Cryptocurrency is gambling at this stage, not investing.


How is it a gamble when huge companies and governments are adopting crypto?
Reply 19
Original post by Trihawk7
How is it a gamble when huge companies and governments are adopting crypto?


None of that makes it an investment.

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