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Forum » Thanks China for ruining me financially (stocks and cryptocels on suicidewatch)
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Thread: Thanks China for ruining me financially (stocks and cryptocels on suicidewatch)

post 1647434473 09-20-2021, 04:46 PM
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#31
  1. nikonD70s
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Originally Posted By backinthegymbro⏩
Maybe invest your money in a highschool education instead of gambling it away.
Imagine thinking u need an education or proper grammar to make money just lol no wonder you're poor.
post 1647435633 09-20-2021, 05:05 PM
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#32
  1. guest89
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Maybe you should quit watching the markets? I'm still up massively. Using this dip to acquire stocks and crypto at a discount.



If if makes you feel any better, I know a guy with a massive portfolio of just Tesla and Bitcoin. Not uncommon for his portfolio to drop 150-300k in a single day. Always ends up correcting itself though. I'm not sure how much is out of your account but I'm sure its not several hundred thousand.
Originally Posted By Kraken⏩
We have a couple different portfolios. One I managed for years, but sold off most of what i was managing because I was using it as a learning tool and not so much trying to make a lot of money. I did better than I was expecting. I grabbed a chit load of AMEX when it crashed back in 2016. It’s up 200% currently (bought it at $53 a share, grabbed 100 shares).

Problem is, I’m not sure I even want to hang on to it. Its not a bad investment for the long haul, but the Marxist and fascist narratives coming out of these cc companies got me pissy and after the last couple stunts, I’m ready to bail.

The issue is that with inflation, you don’t want to pay off debt, so other than making payments with it, I’m not sure what else to do with it
I quit investing in companies with leaders/policy that I disagree with. Yes it sucks that all of the major tech companies fall in that space. But it is what it is.

As far as financial stuff I educated myself on Crypto and have been developing a bigger position in Bitcoin and Ethereum. Maybe it'll work out in the long run maybe not. I'm sure as fukk not investing in these companies with Marxist leaders.
post 1647436153 09-20-2021, 05:12 PM
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#33
  1. JayDigital
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post 1647436723 09-20-2021, 05:19 PM
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#34
  1. imbeingcereal
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All these threads today about the stock market crash are making me much more confident in the dip buy orders I'm putting in because clearly we're nearing a bottom. Have all y'all lost your minds and realized that we're up like 17-18% already this year, and that after a huge year last year despite the world literally coming to a halt? It's like all these noob investors have forgotten that the long-term return of the S&P 500 is around 7-8% and that it's not impossible to have some reversion to the mean given the past decade we've had.
post 1647437943 09-20-2021, 05:40 PM
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#35
  1. Exiled93
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Market up 2% per day for a year straight.


Loses it all on one 2% down day.

Hate to see how many people would rope if 2008 happened again.
post 1647438123 09-20-2021, 05:42 PM
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#36
  1. AWillis
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buy high sell low
Cobra Kai Crew

srs
post 1647441543 09-20-2021, 06:40 PM
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#37
  1. windchimesilo
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Are you not familiar with market volatility? You're good bro. Stocks are a long haul. N it doesn't sound like you daytrade. You're fine brah.
post 1647469853 09-21-2021, 08:11 AM
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#38
  1. MotorCityCobra
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Was considering buying a brand new Tesla model Y, but with how much money i have lost these past weeks i will have to consider selling even my 20 year old Toyota and just ride my bike
post 1647470313 09-21-2021, 08:21 AM
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#39
  1. Devin459
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Originally Posted By MotorCityCobra⏩
Anyone else impacted by the Evergrande scandal fking over the stock and crypto market? Tens of thousands of $ vanished in a couple of days. Anyone else in the same boat? I have most of my net worth in growth stocks (tech, green energy/solar and meme stocks). Thanks China for fking me over
LTC crew, Superbike crew, BMW crew, M Performance crew, Mountain bike crew, Firearms crew
post 1647481103 09-21-2021, 11:22 AM
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#40
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Not sure if I'm in the same boat, I don't check my investments more than once a year or so. Last 2 times I looked were during the coronavirus crash for a lol (like 40% disappeared overnight) and then again a few months back to see record gains.
post 1647481343 09-21-2021, 11:26 AM
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#41
  1. induced_drag
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Originally Posted By MotorCityCobra⏩
Anyone else impacted by the Evergrande scandal fking over the stock and crypto market? Tens of thousands of $ vanished in a couple of days. Anyone else in the same boat? I have most of my net worth in growth stocks (tech, green energy/solar and meme stocks). Thanks China for fking me over
If this bugs you, you probably ought to get out of crypto. I am long time HODLER. Been in since 2013. Seeing daily shifts of 6 figures is numb to me at this point. I am in it of the long haul.

Yesterday was just another day in crypto. I actually bought more that I saw as bargains. If you did not buy more yesterday, again, crypto may not be for you.
RAW lifts
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post 1647481843 09-21-2021, 11:34 AM
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#42
  1. IsLifeRealLife
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the market went up over 100% from March 2020 lows and you're financially ruined after a 2% dip? JFL can't wait to see your reaction when we actually have a real bear market.
Big Baller Brand Crew
post 1647482153 09-21-2021, 11:38 AM
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#43
  1. Nonsense916
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I pulled my crypto just recently when things went up a bit. I’m glad I did
Losers let it happen, winners make it happen.

Nonsense Army Crew.
post 1647482353 09-21-2021, 11:40 AM
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#44
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If you're freaking out over a 2% dip then the stock market clearly isn't meant for you.
***MISC CIGAR CREW***

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