I am so glad I only invested £200 in cryptocurrency when I did. I split it, more or less, between Bitcoin and Ethereum, and actually had to pay a £6 surcharge to buy it with my debit card. So my costs were £206 in total.
And what is my investment worth, not even a month later?
Only £156.
I'm advised to hold onto my investment and not cash it in... and I won't... but I wonder how many people are panic selling... and I wonder when the vultures will sweep in and start buying again in huge chunks, making the price rise again.
It is interesting to observe.... very interesting! I guess if there is enough of a panic the whole cryptocurrency edifice could crumble... just like the banks did ten years ago.
Your thoughts?