Forum
»
More General Categories
»
Education/Career/Finance
» **OFFICIAL** Trading and Investing Thread: Part XIV -- Reopening Edition
05-19-2021, 05:42 AM
#1891
Originally Posted By taf1968⏩
lmao perfect gif
Motorcycle Crew
Beard Crew
8.5/10 wife or bust crew
Deliverer of bad news crew
- smashedurgfx10
- Registered User
- smashedurgfx10
- Registered User
- Join Date: Sep 2015
- Age: 31
- Posts: 7,726
- Rep Power: 52,781
-
05-19-2021, 05:58 AM
#1892
I know somebody was asking about buying Mara…
he said: it can't go lower :|
he said: it can't go lower :|
"Paper money is going away" - EM
05-19-2021, 06:07 AM
#1893
Damn . . . crypto just getting crushed.
*MFC Elder Statesmen Cabinet Crew*
**Distal Bicep Rupture Crew (Feb 2013)** – recovery log: http://forum.bodybuilding.com/showthread.php?t=151942933
**Extreme Dips Crew** - http://forum.bodybuilding.com/showthread.php?t=136113651
05-19-2021, 06:07 AM
#1894
may so far in summery
market = absolute dog chiit
edit:
why did crypto fall off cliff?
market = absolute dog chiit
edit:
why did crypto fall off cliff?
- Carbonfibre
- Rubber Banding
- Carbonfibre
- Rubber Banding
- Join Date: Aug 2010
- Location: State / Province, Canada
- Posts: 11,348
- Rep Power: 52,652
-
05-19-2021, 06:16 AM
#1895
Originally Posted By Carbonfibre⏩
China came out that they were clamping down.
may so far in summery
market = absolute dog chiit
edit:
why did crypto fall off cliff?
market = absolute dog chiit
edit:
why did crypto fall off cliff?
https://www.reuters.com/technology/c...ss-2021-05-18/
China has banned financial institutions and payment companies from providing services related to cryptocurrency transactions, and warned investors against speculative crypto trading.
It was China’s latest attempt to clamp down on what was a burgeoning digital trading market. Under the ban, such institutions, including banks and online payments channels, must not offer clients any service involving cryptocurrency, such as registration, trading, clearing and settlement, three industry bodies said in a joint statement on Tuesday.
“Recently, crypto currency prices have skyrocketed and plummeted, and speculative trading of cryptocurrency has rebounded, seriously infringing on the safety of people’s property and disrupting the normal economic and financial order,” they said in the statement.
*MFC Elder Statesmen Cabinet Crew*
**Distal Bicep Rupture Crew (Feb 2013)** – recovery log: http://forum.bodybuilding.com/showthread.php?t=151942933
**Extreme Dips Crew** - http://forum.bodybuilding.com/showthread.php?t=136113651
05-19-2021, 06:23 AM
#1896
Rip coin
05-19-2021, 06:29 AM
#1897
Originally Posted By taf1968⏩
Welp…
China came out that they were clamping down.
https://www.reuters.com/technology/c...ss-2021-05-18/
China has banned financial institutions and payment companies from providing services related to cryptocurrency transactions, and warned investors against speculative crypto trading.
It was China’s latest attempt to clamp down on what was a burgeoning digital trading market. Under the ban, such institutions, including banks and online payments channels, must not offer clients any service involving cryptocurrency, such as registration, trading, clearing and settlement, three industry bodies said in a joint statement on Tuesday.
“Recently, crypto currency prices have skyrocketed and plummeted, and speculative trading of cryptocurrency has rebounded, seriously infringing on the safety of people’s property and disrupting the normal economic and financial order,” they said in the statement.
https://www.reuters.com/technology/c...ss-2021-05-18/
China has banned financial institutions and payment companies from providing services related to cryptocurrency transactions, and warned investors against speculative crypto trading.
It was China’s latest attempt to clamp down on what was a burgeoning digital trading market. Under the ban, such institutions, including banks and online payments channels, must not offer clients any service involving cryptocurrency, such as registration, trading, clearing and settlement, three industry bodies said in a joint statement on Tuesday.
“Recently, crypto currency prices have skyrocketed and plummeted, and speculative trading of cryptocurrency has rebounded, seriously infringing on the safety of people’s property and disrupting the normal economic and financial order,” they said in the statement.
05-19-2021, 06:31 AM
#1898
so on that crypto crash
it seems lot of institutional investors got burned due to btc exposure
hence why market just pulled back like this
it seems lot of institutional investors got burned due to btc exposure
hence why market just pulled back like this
- Carbonfibre
- Rubber Banding
- Carbonfibre
- Rubber Banding
- Join Date: Aug 2010
- Location: State / Province, Canada
- Posts: 11,348
- Rep Power: 52,652
-
05-19-2021, 06:34 AM
#1899
Originally Posted By Carbonfibre⏩
Virtual currency. What could go wrong?
so on that crypto crash
it seems lot of institutional investors got burned due to btc exposure
hence why market just pulled back like this
it seems lot of institutional investors got burned due to btc exposure
hence why market just pulled back like this
*MFC Elder Statesmen Cabinet Crew*
**Distal Bicep Rupture Crew (Feb 2013)** – recovery log: http://forum.bodybuilding.com/showthread.php?t=151942933
**Extreme Dips Crew** - http://forum.bodybuilding.com/showthread.php?t=136113651
05-19-2021, 06:39 AM
#1900
Originally Posted By taf1968⏩
I've been saying it for the past five years: crypto currency has no future on a private level because governments will never allow it to compete with them. However digital currency will be a thing in the future, just on a public level.
Virtual currency. What could go wrong?
05-19-2021, 06:41 AM
#1901
Originally Posted By taf1968⏩
Yeah.
Virtual currency. What could go wrong?
Plus that above you posted just showed China basically running crypto land.
Imo for us if crypto crashes more all those investors will come back to stock market. Just gotta be patient here.
Someone like ark right now is under water on their COIN buying bigly so who knows where this goes.
- Carbonfibre
- Rubber Banding
- Carbonfibre
- Rubber Banding
- Join Date: Aug 2010
- Location: State / Province, Canada
- Posts: 11,348
- Rep Power: 52,652
-
05-19-2021, 06:49 AM
#1902
Originally Posted By Duckliver⏩
meet kevin about to have a heart attack… he bought at 400 OUCHHHH
Rip coin
rip ark too
"Paper money is going away" - EM
05-19-2021, 06:51 AM
#1903
btc is reversing off lows here atm
$30K was floor its already $36K
the volatility is nuts
$30K was floor its already $36K
the volatility is nuts
- Carbonfibre
- Rubber Banding
- Carbonfibre
- Rubber Banding
- Join Date: Aug 2010
- Location: State / Province, Canada
- Posts: 11,348
- Rep Power: 52,652
-
05-19-2021, 06:51 AM
#1904
Looking at disclosed ARK purchases, they're probably sitting at around ~$320 cost basis on COIN
05-19-2021, 06:53 AM
#1905
I am buying the dip in sq tho - solid company wth great results over and over
"Paper money is going away" - EM
05-19-2021, 06:55 AM
#1906
Thx Elon, Biden, AT&T and China for erasing 75% of my gains in about two months
I'll be holding and not selling still. Never selling I'll hold till zero. Fuk this clown world.
I'll be holding and not selling still. Never selling I'll hold till zero. Fuk this clown world.
Journal: https://forum.bodybuilding.com/showthread.php?t=139898123&page=240
- dopamine72
- Endorphin Junkie
- dopamine72
- Endorphin Junkie
- Join Date: Apr 2009
- Location: California, United States
- Posts: 29,167
- Rep Power: 228,656
-
05-19-2021, 06:55 AM
#1907
Gonna pay off some debt myself, everything I'm interested in is too expensive
05-19-2021, 06:58 AM
#1908
My angus is not safe today. Everything is completely red.I thought rape was supposed to be illegal…
- MinisterOfLust
- 👽👽👽👽👽👽
- MinisterOfLust
- 👽👽👽👽👽👽
- Join Date: Aug 2003
- Location: United States
- Posts: 51,453
- Rep Power: 688,208
-
05-19-2021, 07:01 AM
#1909
Originally Posted By dopamine72⏩
Makes you wonder did TSLA / Elon sell BTC on top.
Thx Elon,
Next earnings for tesla is July 22 so won't be known till than.
On other hand tsla stock lost more than their btc gains if they sold all at peak.
- Carbonfibre
- Rubber Banding
- Carbonfibre
- Rubber Banding
- Join Date: Aug 2010
- Location: State / Province, Canada
- Posts: 11,348
- Rep Power: 52,652
-
05-19-2021, 07:02 AM
#1910
Originally Posted By camaleom⏩
Stock market is not safe . Everything that goes down must come up.
I know somebody was asking about buying Mara…
he said: it can't go lower :|
he said: it can't go lower :|
Keep buying the dip
- MinisterOfLust
- 👽👽👽👽👽👽
- MinisterOfLust
- 👽👽👽👽👽👽
- Join Date: Aug 2003
- Location: United States
- Posts: 51,453
- Rep Power: 688,208
-
05-19-2021, 07:03 AM
#1911
Check out this btc mining facility. Lol @ppl saying “but they mine on renewable energy sources!!!” When Elon bounced.
https://vm.tiktok.com/ZMetSUCNn/
https://vm.tiktok.com/ZMetSUCNn/
"It won't get better, just different."
05-19-2021, 07:09 AM
#1912
Red, amc alright tho
That dip buy on bitcoin, holy chit. Would have been nice. Today was the first day I decided to sleep until 9am in over a year. fuk missed gains.
That dip buy on bitcoin, holy chit. Would have been nice. Today was the first day I decided to sleep until 9am in over a year. fuk missed gains.
05-19-2021, 07:09 AM
#1913
Originally Posted By chino3⏩
Elon sends rockets to space.
Check out this btc mining facility. Lol @ppl saying “but they mine on renewable energy sources!!!” When Elon bounced.
https://vm.tiktok.com/ZMetSUCNn/
https://vm.tiktok.com/ZMetSUCNn/
He knew exactly that crypto is massive waste of electricity.
Like I said above if Tesla sold on top BTC they did brilliant move.
However TSLA stock has been tanking so who knows if getting involved in BTC was right call from beginning.
Those Chinese farms have been reported on for years.
Find country with cheap ass electricity rates setup mining farm ie Iran / Vietnam etc.
Hell Venezuela is having power outages daily cause government is mining btc underground.
- Carbonfibre
- Rubber Banding
- Carbonfibre
- Rubber Banding
- Join Date: Aug 2010
- Location: State / Province, Canada
- Posts: 11,348
- Rep Power: 52,652
-
05-19-2021, 07:16 AM
#1914
Originally Posted By Carbonfibre⏩
Makes you wonder did TSLA / Elon sell BTC on top.
Next earnings for tesla is July 22 so won't be known till than.
On other hand tsla stock lost more than their btc gains if they sold all at peak.
Next earnings for tesla is July 22 so won't be known till than.
On other hand tsla stock lost more than their btc gains if they sold all at peak.
I wonder if the US government also maybe had something to do with Tesla selling bitcoin. Makes sense, EPA is against crypto, Tesla has all those tax credits, government could have said that he can't be associated with crypto if he is going to get the tax credits because it could make the government look bad if someone they have a deal with is associated with a non environmentally friendly alt currency.
05-19-2021, 07:18 AM
#1915
Originally Posted By Carbonfibre⏩
Yeah they sold at the top (for now). BTC could very well go over its ATH within next couple years continuing its trend (if you've paid attention to the chart throughout the years).
Makes you wonder did TSLA / Elon sell BTC on top.
Next earnings for tesla is July 22 so won't be known till than.
On other hand tsla stock lost more than their btc gains if they sold all at peak.
Next earnings for tesla is July 22 so won't be known till than.
On other hand tsla stock lost more than their btc gains if they sold all at peak.
Originally Posted By Carbonfibre⏩
Yes he did, I knew about the massive energy consumption years ago and posted about it on here. He knew and he knew years ago probably before me. So why did he wait to talk about it till now….(rhetorical question)
He knew exactly that crypto is massive waste of electricity.
Edit- So is anyone going to keep slowly buying into this chit? I am
And is anyone buying F? I'll be buying a lil more today
Journal: https://forum.bodybuilding.com/showthread.php?t=139898123&page=240
- dopamine72
- Endorphin Junkie
- dopamine72
- Endorphin Junkie
- Join Date: Apr 2009
- Location: California, United States
- Posts: 29,167
- Rep Power: 228,656
-
05-19-2021, 07:21 AM
#1916
^^ I think it's just the fact that institutions were becoming more involved, either directly or indirectly through fund managers adding crypto exposure to their portfolios, and institutions care about a lot of stuff that doesn't matter at all to retail investors
People trying to get rich off chitcoins don't care about emissions, power consumption, or human rights violations in jurisdictions where their chitcoin is being processed
People trying to get rich off chitcoins don't care about emissions, power consumption, or human rights violations in jurisdictions where their chitcoin is being processed
05-19-2021, 07:22 AM
#1917
Now is a good time to buy some oil if you have not already, I think 62.60 was the likely bottom before the summer boom.
If it does go lower, it will bounce from about ~61.
Pretty sure I called this earlier.
If it does go lower, it will bounce from about ~61.
Pretty sure I called this earlier.
I: Self, Lord and Master.
"I rub my hands when my palms itch."
"I call you Son not because you Shine but because you Mine."
05-19-2021, 07:24 AM
#1918
Originally Posted By dopamine72⏩
Edit- So is anyone going to keep slowly buying into this chit? I am
And is anyone buying F? I'll be buying a lil more today
Only thing I’m interest in is WMT. might look into LEAPS for a call spread not sure just yet.
Edit- So is anyone going to keep slowly buying into this chit? I am
And is anyone buying F? I'll be buying a lil more today
"It won't get better, just different."
05-19-2021, 07:29 AM
#1919
Walmart got nothing but upgrades this morning
seems like good stock to trade short term and be long term holder atm
seems like good stock to trade short term and be long term holder atm
- Carbonfibre
- Rubber Banding
- Carbonfibre
- Rubber Banding
- Join Date: Aug 2010
- Location: State / Province, Canada
- Posts: 11,348
- Rep Power: 52,652
-
05-19-2021, 07:33 AM
#1920
Originally Posted By Casser1242⏩
Should pump back in the market. Looks like its game over for bitcoins for now.
27% return if you bought during the dip.. No where else in the market to get that right now.
Game is definitely not over for it. Returns are greater and losses can be greater with crypto, market as a whole is chit right now.
Bookmarks
- Digg
- del.icio.us
- StumbleUpon
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts