12-11-2021, 02:40 PM
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#31
Buy into solid growing tech companies and never sell till you need the cash, ideally after 5+ years from start.
People who sell now are trying to time the market, assuming prices will drop, unless they arrived at a goal for their money / need it.
If you insist on trying to time the market based around some recent/upcoming news, earnings reports, then buy a few weekly options accordingly and make (or lose) a few G's to satisfy the itch. Otherwise stick to shares and LEAPs for the bulk of your portfolio. Slow buying always accumulating tortoise wins. Get rich quick hares have their days of victory, and likely many more days of failure. If December ends similar to where I'm at now, then I've actually lost money trying to be a hare this year srs.
People who sell now are trying to time the market, assuming prices will drop, unless they arrived at a goal for their money / need it.
If you insist on trying to time the market based around some recent/upcoming news, earnings reports, then buy a few weekly options accordingly and make (or lose) a few G's to satisfy the itch. Otherwise stick to shares and LEAPs for the bulk of your portfolio. Slow buying always accumulating tortoise wins. Get rich quick hares have their days of victory, and likely many more days of failure. If December ends similar to where I'm at now, then I've actually lost money trying to be a hare this year srs.
12-11-2021, 02:43 PM
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#32
- MinisterOfLust
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RIP Palantir crew
12-11-2021, 02:54 PM
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#33
- MotorCityCobra
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i buy the dip and if it keeps dipping im buying. buy when there is blood on the streets
12-11-2021, 03:10 PM
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#34
- 3fifty
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- 3fifty
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yeah yeah, things are high, they've been saying that since about 2017. People who got out then missed massive gains that are essential to performance.
Every expert who has studied this to the moon and back has come to the conclusion that you can't time things, the most efficient thing to do is remain in the market. Never sell, continue to buy, ignore the ups and downs.
I never sold a penny during Covid. I know my stuff, I'm a serious investor. Turns out, I would have misjudged when to sell during Covid.
The S&P500 averages about 10% per year, that INCLUDES recessions and depressions. It's also before inflation which brings the "real" average return to maybe 6.5%.
Every expert who has studied this to the moon and back has come to the conclusion that you can't time things, the most efficient thing to do is remain in the market. Never sell, continue to buy, ignore the ups and downs.
I never sold a penny during Covid. I know my stuff, I'm a serious investor. Turns out, I would have misjudged when to sell during Covid.
The S&P500 averages about 10% per year, that INCLUDES recessions and depressions. It's also before inflation which brings the "real" average return to maybe 6.5%.
12-11-2021, 03:33 PM
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#35
Originally Posted By guest89⏩
I still see btc purpose as a better digital gold. I don’t think it’s serves it purpose as a hedge against inflation just yet. Asset is too immature right now.I think Bitcoin is still misunderstood by people that are thinking of it as 'digital gold' or a 'hedge against inflation'. Bitcoins value is not in a worst case scenario with hyper inflation and the world going to sh!t. I think its worth buying & holding in small amounts (10% of portfolio). But I think it would be worthless in a worse case scenario.
Good news is I really don't think things are going to get that bad for most of us.
Good news is I really don't think things are going to get that bad for most of us.
12-11-2021, 03:37 PM
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#36
- 3fifty
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- 3fifty
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Originally Posted By malashker⏩
I'm very against BTC.I still see btc purpose as a better digital gold. I don’t think it’s serves it purpose as a hedge against inflation just yet. Asset is too immature right now.
I know the financial industry very well, and understand currencies very well. I'm also a borderline expert at investing, and I've yet to be convinced of it's actual worth. It won't ever be a true widely adopted currency, so what is it? Blockchain is a cool way of tracking things, but you can't invest in simply blockchain. I'm open to debates, I've debated pages and pages on this and have still yet to run into somebody who actually makes a point.
12-11-2021, 03:39 PM
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#37
12-11-2021, 05:10 PM
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#38
- imbeingcereal
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- imbeingcereal
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You do realize that insiders sell for reasons beyond them thinking the sky is falling, right?
12-11-2021, 05:13 PM
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#39
- mp83
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- mp83
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Originally Posted By imbeingcereal⏩
Yeah, OP is unaware of what stock-based compensation is and that insiders have to declare, way ahead of time, when they sell or they get cucked by the SECYou do realize that insiders sell for reasons beyond them thinking the sky is falling, right?
{Misc Fisherman Crew}
{Misc Investing Crew}
12-11-2021, 05:17 PM
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#40
- DivineMasculine
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- DivineMasculine
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Originally Posted By 3fifty⏩
BTC is an absolute joke that millennials, Gen z and retards believe is real.I'm very against BTC.
I know the financial industry very well, and understand currencies very well. I'm also a borderline expert at investing, and I've yet to be convinced of it's actual worth. It won't ever be a true widely adopted currency, so what is it? Blockchain is a cool way of tracking things, but you can't invest in simply blockchain. I'm open to debates, I've debated pages and pages on this and have still yet to run into somebody who actually makes a point.
I know the financial industry very well, and understand currencies very well. I'm also a borderline expert at investing, and I've yet to be convinced of it's actual worth. It won't ever be a true widely adopted currency, so what is it? Blockchain is a cool way of tracking things, but you can't invest in simply blockchain. I'm open to debates, I've debated pages and pages on this and have still yet to run into somebody who actually makes a point.
The misc is full of a bunch of simp ****ots
12-11-2021, 05:52 PM
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#41
- guest89
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- guest89
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Originally Posted By MinisterOfLust⏩
Its stagnant price point in the short term is a good thing. Ample time to load up on shares. Palantir got a lot of hype and people went crazy buying it and trying to trade it. Its been fairly flat for a long time and its losing its hype. Those people are morons. The company is looking better then ever for a long term hold. In 15-20 years its going to be a monster.RIP Palantir crew
Originally Posted By 3fifty⏩
I'm very against BTC.
I know the financial industry very well, and understand currencies very well. I'm also a borderline expert at investing, and I've yet to be convinced of it's actual worth. It won't ever be a true widely adopted currency, so what is it? Blockchain is a cool way of tracking things, but you can't invest in simply blockchain. I'm open to debates, I've debated pages and pages on this and have still yet to run into somebody who actually makes a point.
I know the financial industry very well, and understand currencies very well. I'm also a borderline expert at investing, and I've yet to be convinced of it's actual worth. It won't ever be a true widely adopted currency, so what is it? Blockchain is a cool way of tracking things, but you can't invest in simply blockchain. I'm open to debates, I've debated pages and pages on this and have still yet to run into somebody who actually makes a point.
Originally Posted By DivineMasculine⏩
Bitcoin and Ethereum are the back-bone for projects with daily value/use.BTC is an absolute joke that millennials, Gen z and retards believe is real.
You say you know the financial industry and investing very well. So ask yourself this, what are you missing that governments, banks, hedge funds, investment firms and multi million/billion dollar businesses & individuals are getting? Because they are going in on Crypto.
Not trying to influence you for Crypto or bitcoin or anything like that. But what makes you think you are smarter then the individuals running the above ^?
I'm not too big into crypto but I toss about $500 per month into it. I've seen some massive gains.
12-11-2021, 06:01 PM
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#42
Originally Posted By 3fifty⏩
It was created to serve as a currency but I don’t think that purpose fits today since there is better alternative coins in the crypto space that does that better. It’s more as a better gold imo. Aka digital oneI'm very against BTC.
I know the financial industry very well, and understand currencies very well. I'm also a borderline expert at investing, and I've yet to be convinced of it's actual worth. It won't ever be a true widely adopted currency, so what is it? Blockchain is a cool way of tracking things, but you can't invest in simply blockchain. I'm open to debates, I've debated pages and pages on this and have still yet to run into somebody who actually makes a point.
I know the financial industry very well, and understand currencies very well. I'm also a borderline expert at investing, and I've yet to be convinced of it's actual worth. It won't ever be a true widely adopted currency, so what is it? Blockchain is a cool way of tracking things, but you can't invest in simply blockchain. I'm open to debates, I've debated pages and pages on this and have still yet to run into somebody who actually makes a point.
12-11-2021, 06:05 PM
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#43
- 3fifty
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Originally Posted By guest89⏩
They're not, that's what I'm trying to explain. I'm on the business side of money, and I know this stuff extremely well.Its stagnant price point in the short term is a good thing. Ample time to load up on shares. Palantir got a lot of hype and people went crazy buying it and trying to trade it. Its been fairly flat for a long time and its losing its hype. Those people are morons. The company is looking better then ever for a long term hold. In 15-20 years its going to be a monster.
Bitcoin and Ethereum are the back-bone for projects with daily value/use.
You say you know the financial industry and investing very well. So ask yourself this, what are you missing that governments, banks, hedge funds, investment firms and multi million/billion dollar businesses & individuals are getting? Because they are going in on Crypto.
Not trying to influence you for Crypto or bitcoin or anything like that. But what makes you think you are smarter then the individuals running the above ^?
I'm not too big into crypto but I toss about $500 per month into it. I've seen some massive gains.
Bitcoin and Ethereum are the back-bone for projects with daily value/use.
You say you know the financial industry and investing very well. So ask yourself this, what are you missing that governments, banks, hedge funds, investment firms and multi million/billion dollar businesses & individuals are getting? Because they are going in on Crypto.
Not trying to influence you for Crypto or bitcoin or anything like that. But what makes you think you are smarter then the individuals running the above ^?
I'm not too big into crypto but I toss about $500 per month into it. I've seen some massive gains.
Businesses are only adopting the acceptance of Bitcoin because #1 it gets their name in the news, and #2 they look "modern", it's a fear of looking antiquated.
Banks are businesses, they're doing the exact same, they appear more progressive by accepting it, but the number of people who actually use Bitcoin or ETH as a currency is beyond incredibly small. It's only value is international large transfers if you want to avoid a $50 fee for a wife, and there are other technologies non-crypto already filling that gap. It has borderline no uses.
Investment firms trade to make profit. If they see or think they can profit off of this speculative gamble, they will. There is money to be made in crypto, but again it's more of a speculative gamble (like a casino) than a true investment. I'm not saying the price won't go up, plenty of underinformed people support it and think "it's going somewhere", which inflates price, but that won't last forever.
Investment firms don't recommend you keep much of your portfolio in crypto.
I'm one of the most qualified people on this forum to talk about finance stuff, there's yet to be any real use for BTC or ETH. It won't be a currency, for a million reasons. What exactly do you think it will be?
Again, it's "modern looking" to accept coins, which makes it trendy, but marketing is all about latching onto trends.
12-11-2021, 06:12 PM
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#44
- Jestbrah
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- Jestbrah
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Originally Posted By guest89⏩
but are those gains from crypto or just from investing and having discipline to keep adding in money into a growing investment? I dont see yet how its much more beneficial than stocks right now except with a little less predictabilityIts stagnant price point in the short term is a good thing. Ample time to load up on shares. Palantir got a lot of hype and people went crazy buying it and trying to trade it. Its been fairly flat for a long time and its losing its hype. Those people are morons. The company is looking better then ever for a long term hold. In 15-20 years its going to be a monster.
Bitcoin and Ethereum are the back-bone for projects with daily value/use.
You say you know the financial industry and investing very well. So ask yourself this, what are you missing that governments, banks, hedge funds, investment firms and multi million/billion dollar businesses & individuals are getting? Because they are going in on Crypto.
Not trying to influence you for Crypto or bitcoin or anything like that. But what makes you think you are smarter then the individuals running the above ^?
I'm not too big into crypto but I toss about $500 per month into it. I've seen some massive gains.
Bitcoin and Ethereum are the back-bone for projects with daily value/use.
You say you know the financial industry and investing very well. So ask yourself this, what are you missing that governments, banks, hedge funds, investment firms and multi million/billion dollar businesses & individuals are getting? Because they are going in on Crypto.
Not trying to influence you for Crypto or bitcoin or anything like that. But what makes you think you are smarter then the individuals running the above ^?
I'm not too big into crypto but I toss about $500 per month into it. I've seen some massive gains.
**worthless college major crew**
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**HTC**
12-11-2021, 06:16 PM
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#45
- MotorCityCobra
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Originally Posted By 3fifty⏩
you claim to be an expert so what stocks are worth buying now? FAANG stocks are all at or near ATHI'm very against BTC.
I know the financial industry very well, and understand currencies very well. I'm also a borderline expert at investing, and I've yet to be convinced of it's actual worth. It won't ever be a true widely adopted currency, so what is it? Blockchain is a cool way of tracking things, but you can't invest in simply blockchain. I'm open to debates, I've debated pages and pages on this and have still yet to run into somebody who actually makes a point.
I know the financial industry very well, and understand currencies very well. I'm also a borderline expert at investing, and I've yet to be convinced of it's actual worth. It won't ever be a true widely adopted currency, so what is it? Blockchain is a cool way of tracking things, but you can't invest in simply blockchain. I'm open to debates, I've debated pages and pages on this and have still yet to run into somebody who actually makes a point.
12-11-2021, 06:17 PM
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#46
- tunafishha
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Originally Posted By EDcellent⏩
This.Buy high sell low
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*Buy high, sell low*
12-11-2021, 06:46 PM
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#47
- guest89
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Originally Posted By Jestbrah⏩
BTC and ETH are fairly stable. I've put money into a few alt coins that tripled or quadrupled in a very short amount of time. Nothing big really but I've seen massive gains.but are those gains from crypto or just from investing and having discipline to keep adding in money into a growing investment? I dont see yet how its much more beneficial than stocks right now except with a little less predictability
I allocate $500 per month for Crypto. Its volatile so I buy when the price dips and do nothing when it rises. If there is a bull run for a couple of months where all Crypto's just moon. I set that $500 aside in a stable-coin and wait until it dips again and buy then. On occasion I put a small amount into an altcoin. I really don't nerd out over this stuff too hard.
If it all goes to 0 and cryptocurrencies die I'm out $500 per month. If it continues to grow like it has been, In 15 years it will be a nice little boost for retirement. I'm very interested in the staking/lending side of things and I definitely like the ease of transferring holdings from one account to another or swapping crypto currencies from one to another. In the future I'll be spending a lot of time internationally which is another reason it interests me.
When it comes down to risk VS reward I feel more comfortable adding that $500 to month to crypto then to the stock market. (Srs). I feel like an additional $500 a month into stocks will not be a game changing wealth even in a 30 year time horizon. $500 per month into Crypto could be a game changer in half that time. My only real regret is I'm conservative by nature and I'm not willing to YOLO into it.
I wouldn't try to tell people to buy or not to buy either way. Not shilling anything. I'll just say I don't regret buying into it. Part of me wants to double my monthly budget for crypo.
12-11-2021, 07:00 PM
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#48
- Ramoneb87
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- Ramoneb87
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I got out prematurely. THe only individual stocks I have left are Old Dominion Freight and Norfolk SOuthern Corp I'm afraid to sell them because freight skyrockets whenever we go to war and war seems on the horizon
Know Justice
Know Peace
12-11-2021, 07:06 PM
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#49
I don’t need my stock investments for another 20 year or so
I’m debt free and making/savings lots of cash
I’ve reduced my pretax investments for more post tax $s
Want to buy anywhere from 20-40 acres and start getting it ready for a retirement home
I’m debt free and making/savings lots of cash
I’ve reduced my pretax investments for more post tax $s
Want to buy anywhere from 20-40 acres and start getting it ready for a retirement home
Dallas Cowboys
Lifted for 30 years
Ass > tits
No Debt Crew
12-11-2021, 07:08 PM
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#50
Originally Posted By DandyDink⏩
They use the threat of inflation to force you into assets, the fed then raises interest rates and everyone wishes they had cash lol.got rekt last two weeks.
what will you do with your cash with the threat of inflation?
what will you do with your cash with the threat of inflation?
The game is to make you believe things that seem to be obvious but are not actually true lol.
This is why smart people win and dumb people lose no matter the environment.
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."
01-21-2022, 03:47 PM
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#51
08-05-2022, 01:11 PM
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#52
Originally Posted By Abzu⏩
They use the threat of inflation to force you into assets, the fed then raises interest rates and everyone wishes they had cash lol.
The game is to make you believe things that seem to be obvious but are not actually true lol.
This is why smart people win and dumb people lose no matter the environment.
The game is to make you believe things that seem to be obvious but are not actually true lol.
This is why smart people win and dumb people lose no matter the environment.

And it's sad =[
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."
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