A lot of people buying the dips still?
Just a 2p observation from someone whoâs done e-commerce since the late 90s. Paypal price gouge on currency exchange. The kind of unfavourable rates youâd see at the other end of air travel.
Wirecard offered favourable rates but⊠not so good long term.
Quite obvious why cryptocurrency and the like came into being. Paypal surely is the payment of last resort in the 21st century. Especially when merchants are sweating for 180 days plus for their funds.
What a day.
Not sure what the future of Paypal is.
I have Paypal Credit of ÂŁ2.8k as a credit facility. I have spent none and have no intention of using itâŠjust helps my credit score.
I occasionally use pay in 3, but their cut on that would be minimal.
Its a massive name and its a handy way to send money to friends etcâŠbut its not part of our everyday banking ⊠so where is the money to be made?..Im not sure.
So many payment options these daysâŠI have Paypal on my watch list but Iâm yet to be convinced. I have a holding in Visa and feel way more certain about that.
As I saidâŠwhat is the future of Paypal. Where is the road to big profits? Not so sureâŠ
Yeah its an interesting one. Ive read both sides of the argument buy/sell/hold etc and im still on the fence, but swaying more to taking a punt on it.
It could do with a Berkshire Hathaway purchase. Certainly fits Buffets narrative.
Gets worse and worse. Started trading on here in the pandemic and literally every single stock Iâve purchased is tanked. If I invest I loose money and if I save then inflation takes it. Just canât win.
you can win! You need to do better research before investing!! If none of your stocks are winning then youâre doing something terribly wrong. Watch YouTube videos of stock traders, invest in stocks with great earnings outlook and low P/E ratios etc. and most importantly THINK LONG TERM. Google is a good start for your research perhaps
Any traders on YouTube youâd recommend? There must be 1000s
I started with stocks that interest me. Read in to them etc. then evolved from there. An still bang average but up for the year
- Buy what you know, not what some idiot on YouTube is pushing. If you donât know the first thing about womenâs sports wear⊠donât buy the stock! If you want to buy the stock anyway⊠then research the industry and the company. What are the trends? Is the market growing? Who are the competitors, why is this particular company worth investing in? The answers are not found in stock graphs and charts.
- Diversify, I rarely hold less than 50 stocks across the UK, US, Europe, and China-Asia, in Finance, Technology, Manufacturing, Defence etc.
- Be patient, no one can time the market. If the stock you like is expensive then wait, maybe months or even years.
JKR investing has been solid for me. Iâm even now paying to join the discord group. Really useful information from 100s of people who do this as a full time job.