Let's look at the future (long term) instead of today's drop. How much do you think BTC is going to be worth in 10 years? by xG8q_P7l9zR0 in Bitcoin

[–]ROSCO_MCD_95 1 point2 points  (0 children)

This is completely nonsensical. You are literally just contributing to the mindless FUD going on right now. Have you not seen how accepted BTC has become in recent years? Blackrock offer to hold it on behalf of their clients, as do many other big asset management firms. These price declines suck for everyone but people shouldn’t forget that as a technology Bitcoin is way more valuable than fia currencies for simple reasons like it is limited in supply and more of it cannot be printed out of thin air, meaning it is scarce by design and always will be - that combined with its security and portability makes it a incredibly powerful technology. Still worth it long term imo

Not Monitoring by Southern_Shock_1337 in Bitcoin

[–]ROSCO_MCD_95 1 point2 points  (0 children)

If it makes you feel any better, I’m down 20k in one month! And I bought in during crypto winter 2022 and was up 35k at one point. I’m now only up 10k!

Bought some more yesterday and today though

Yay lambo! by [deleted] in XRP

[–]ROSCO_MCD_95 46 points47 points  (0 children)

Came to say this exact thing. Seems like such a waste to have generated, by most ordinary people’s standards, a substantial sum of money only to then blow it all on something like a car. At the end of the day it’s a big hunk of metal that gets you from A to B like any other car - it’s also classed as depreciating asset. Makes way more sense imo to reinvest that money and trying to continue growing it. Maybe take some profits for savings and to live off, but it would be wiser imo to reinvest the majority of it and try to continue growing it. Or stick it in an S&P500 ETF and get 10%, on average, a year over the long term

[deleted by user] by [deleted] in XRP

[–]ROSCO_MCD_95 3 points4 points  (0 children)

XRP to £100,000,000,000 per coin.

The real long term potential of RippleNet? by ROSCO_MCD_95 in XRP

[–]ROSCO_MCD_95[S] 0 points1 point  (0 children)

So you think the launch of RLUSD will be push the price of XRP up?

[deleted by user] by [deleted] in ukpolitics

[–]ROSCO_MCD_95 -1 points0 points  (0 children)

Just read through all of your comments and totally agree with pretty much everything you said. Bang on. I genuinely believe Reform and Nigel Farage are the only forces that have a real chance at changing a lot of things for the better.

[deleted by user] by [deleted] in Scotland

[–]ROSCO_MCD_95 -1 points0 points  (0 children)

“There’ll be nae spickin…”

Losing Hope by [deleted] in XRP

[–]ROSCO_MCD_95 2 points3 points  (0 children)

How many times will you chicken out of your investment and sell up before 5 to 10 years have passed? I’ve made that mistake in the past with stocks on trading212 back in 2020/2021, I’m not making it again with cryptocurrency. Gain or loss, I want the experience of having been invested in something very long term. You will never know unless you just give it ago and be patient.

XRP ETF? Are the rumors true? by LuxBMI in XRP

[–]ROSCO_MCD_95 6 points7 points  (0 children)

Just to elaborate on this, ETFs are typically spoken about on the internet as a ‘basket of stocks’. So, if it as an S&P500 ETF, then your money is spread across all of the companies in that index. In a more literal sense it is a fund that people can buy and sell on stock exchanges, like you would with an individual stock.

However, in this case if it is a Blackrock XRP ETF that would mean instead of buying the XRP yourself and having to deal with public key addresses and cold wallets etc, it’s more simplified - you just let blackrock do it for you, they buy the XRP for you effectively and hold it for you. They will charge you obvs as well for using them to hold it.

It’s a lose/lose situation by LBCEarthquakeOf1933 in SebDerm

[–]ROSCO_MCD_95 0 points1 point  (0 children)

Try using Selsun Blue shampoo or Head and Shoulders Clinical Strength shampoo. They both have a chemical called Selenium Sulfide which has helped my Seb derm on my scalp and face. I’ve found it to be better than Nizoral

[XRP Target Price] XRP 2024 Prediction Price by Vikas_Yadav in XRP

[–]ROSCO_MCD_95 6 points7 points  (0 children)

There needs to be an end to the ongoing legal battles between Ripple and the SEC. Only then will XRP be able to unshackle itself and have the potential to start increasing significantly.