easilyscan 705 Posted November 23 14 hours ago, frank said: You could be walking around lucky and not even know it. Great movie! Share this post Link to post Share on other sites
The Real timschochet 5,170 Posted November 23 On 11/21/2024 at 1:40 PM, iam90sbaby said: Where's all the douche bags that said it was a pyramid scheme? Some of y'all gotta feel real dumb. It still seems like it is, right? You guys are buying and selling and some of you are making money, and good for you. But it still doesn’t seem to be tied to anything real or tangible. I have stocks tied to blue chip companies that I have held onto for years and will continue to do so. But they’re not volatile. I’m not looking to make a fast buck, just want my money to be safe with perhaps a little more interest than a money market account would give me. I don’t understand Crypto (which is why I started a thread asking about it) but it seems very flashy and very risky. Share this post Link to post Share on other sites
Frozenbeernuts 1,878 Posted November 24 7 hours ago, The Real timschochet said: It still seems like it is, right? You guys are buying and selling and some of you are making money, and good for you. But it still doesn’t seem to be tied to anything real or tangible. I have stocks tied to blue chip companies that I have held onto for years and will continue to do so. But they’re not volatile. I’m not looking to make a fast buck, just want my money to be safe with perhaps a little more interest than a money market account would give me. I don’t understand Crypto (which is why I started a thread asking about it) but it seems very flashy and very risky. This says you have done 0 research still on bitcoin yet you are using your super accurate emotions to determine the true value of bitcoin. It will be worth multiple millions of dollars per coin in our lifetime. Share this post Link to post Share on other sites
Hardcore troubadour 14,077 Posted November 24 Another great call by Gutterboy. You guys that own this better hope he doesn’t buy any. Share this post Link to post Share on other sites
Cdub100 3,668 Posted November 24 Is anyone else planning to take profits like me? If so what's your strategy or are you holding through the cycle? Share this post Link to post Share on other sites
The Real timschochet 5,170 Posted November 24 12 hours ago, Frozenbeernuts said: This says you have done 0 research still on bitcoin yet you are using your super accurate emotions to determine the true value of bitcoin. It will be worth multiple millions of dollars per coin in our lifetime. I hope so. Honestly I hope you and everyone else doing this makes as much money as you can. So long as it doesn’t cause me to lose money, why not? But I still don’t get it. Share this post Link to post Share on other sites
easilyscan 705 Posted November 24 4 hours ago, Cdub100 said: Is anyone else planning to take profits like me? If so what's your strategy or are you holding through the cycle? One of the oldest sayings on wall street has different variations. No one ever went broke taking profits. Never be ashamed to take profits, etc My only cryptocurrency investment is MicroStrategy. (50 shares) those shares are all profit, & if they were in a tax deferred account, I might consider selling. Since they aren't, I'm going to let it ride just in case predictions like those from Frozenbeernuts above.......................................................................... Quote It will be worth multiple millions of dollars per coin in our lifetime. ............turn out to be accurate. No doubt I'd be disappointed if I lost at all, but it wouldn't change my life, at least not financially. If MSTR continued to go crazy to the upside, and my profits reached, say 100 K, I might consider buying some puts as a hedge. Share this post Link to post Share on other sites
Cdub100 3,668 Posted November 24 38 minutes ago, easilyscan said: One of the oldest sayings on wall street has different variations. No one ever went broke taking profits. Never be ashamed to take profits, etc My only cryptocurrency investment is MicroStrategy. (50 shares) those shares are all profit, & if they were in a tax deferred account, I might consider selling. Since they aren't, I'm going to let it ride just in case predictions like those from Frozenbeernuts above.......................................................................... ............turn out to be accurate. No doubt I'd be disappointed if I lost at all, but it wouldn't change my life, at least not financially. If MSTR continued to go crazy to the upside, and my profits reached, say 100 K, I might consider buying some puts as a hedge. If I were you I'd trade those stocks for the real thing. Start dcaing out of mstr and hold the profits for a year or 2 and then buy Bitcoin. Hold the asset not a company who has a bunch of it Share this post Link to post Share on other sites
easilyscan 705 Posted November 25 6 hours ago, Cdub100 said: If I were you I'd trade those stocks for the real thing. Start dcaing out of mstr and hold the profits for a year or 2 and then buy Bitcoin. Hold the asset not a company who has a bunch of it Appreciate the input. I'm curious as to why you'd recommend holding the asset, but not the company who owns a bunch of it ? I've heard people state the same thing regarding investing in gold. Better to hold the actual asset yourself, rather than owning it via a mutual fund, or ETF. Things could change quickly, but I hate to sell something that’s worked so well. MSTR one-year return is 755% while bitcoin is 163% If it ain't broke, don't fix it ? One thing that concerns me is the performance of MicroStrategy itself. The underlying business (sans the bitcoin holdings) hasn't been doing anything special for a long time. Lastly, the shares of MSTR only account for 1.67% of my taxable account. Luckily for me, my working/earning/saving years are past, & I'm not looking to get rich off crypto, just like the excitement of participating. Regards Share this post Link to post Share on other sites
Cdub100 3,668 Posted November 25 7 hours ago, easilyscan said: Appreciate the input. I'm curious as to why you'd recommend holding the asset, but not the company who owns a bunch of it ? I've heard people state the same thing regarding investing in gold. Better to hold the actual asset yourself, rather than owning it via a mutual fund, or ETF. Things could change quickly, but I hate to sell something that’s worked so well. MSTR one-year return is 755% while bitcoin is 163% If it ain't broke, don't fix it ? One thing that concerns me is the performance of MicroStrategy itself. The underlying business (sans the bitcoin holdings) hasn't been doing anything special for a long time. Lastly, the shares of MSTR only account for 1.67% of my taxable account. Luckily for me, my working/earning/saving years are past, & I'm not looking to get rich off crypto, just like the excitement of participating. Regards Obviously mstr has been a great stock. I look at it like I do meme coins and other crypto. Do I want to hold doge or do I want to hold the ETH it's running on. Do I want to hold dogwifhat or do I want to hold the SOL it runs on. Saylor has been amazing for the community. He is one of bitcoin's biggest proponents. But he's not going to be around forever things can change his company can change what happens to mstr if he died tomorrow. Or if there was a hostile takeover from the board where he got sick or a million other things that can happen. His company is where it's at because of Bitcoin Bitcoin does not get sick Bitcoin can't die so looking at it from that perspective I would rather hold the object that launched him into great success rather than his company. And I'm not saying mstr is a bad hold. It's probably going to be the top company as far as value goes eventually. But again that's because of Bitcoin not because of what the company actually does. What's the saying about the gold rush? The only people who got rich are the ones selling the shovels but I say fock that. I would rather manufacturer the shovels. 1 Share this post Link to post Share on other sites
iam90sbaby 2,291 Posted November 26 On 11/23/2024 at 5:37 PM, The Real timschochet said: It still seems like it is, right? You guys are buying and selling and some of you are making money, and good for you. But it still doesn’t seem to be tied to anything real or tangible. I have stocks tied to blue chip companies that I have held onto for years and will continue to do so. But they’re not volatile. I’m not looking to make a fast buck, just want my money to be safe with perhaps a little more interest than a money market account would give me. I don’t understand Crypto (which is why I started a thread asking about it) but it seems very flashy and very risky. You're a retard and you aren't worth the energy explaining anything to 1 1 Share this post Link to post Share on other sites
jonmx 2,118 Posted November 26 5 minutes ago, iam90sbaby said: You're a retard and you aren't worth the energy explaining anything to Yep, and even if you offered the most perfect explanation he will act like he gets it, then go back to being totally ignorant 30 minutes later. Share this post Link to post Share on other sites
jonmx 2,118 Posted November 26 The market is down about 10-15% the last few days. I expect a lot of big money will be accumulating on this deep. Share this post Link to post Share on other sites
Cdub100 3,668 Posted November 26 41 minutes ago, peenie said: Will you guys teach me how to invest in crypto? I asked my brother-in-law to invest my money in SOL over a year ago and he didn't. The choices he made has lost money instead of gained. I have my coins in a Trust wallet. How to I sell the bad coins? It's like weird coins. He said if I sold them, I wouldn't get the money out of it due to fees and to just leave it. No, we tried and you named called and didn't appreciate the help. Just like Real Tim you're not worth the effort. Share this post Link to post Share on other sites
RaiderHaters Revenge 4,018 Posted November 26 52 minutes ago, peenie said: Will you guys teach me how to invest in crypto? I asked my brother-in-law to invest my money in SOL over a year ago and he didn't. The choices he made has lost money instead of gained. I have my coins in a Trust wallet. How to I sell the bad coins? It's like weird coins. He said if I sold them, I wouldn't get the money out of it due to fees and to just leave it. teleport back to 2018 buy crypto when we told you profit I had a sell order at 99k so I am sitting without BTC currently thinking buy order at 85 ish? thoughts as far as your brother, hes dumb, you sell them and put them in something else you dont pay fees put some money in fun coins like Shibu for excitement and long game fun hope it ever hits .001 cent put 30% into btc, 30% into ethereum and find a few others you want to gamble with the only way to learn is to do it yourself, not listen to a message board Share this post Link to post Share on other sites
Cdub100 3,668 Posted November 26 5 minutes ago, RaiderHaters Revenge said: teleport back to 2018 buy crypto when we told you profit I had a sell order at 99k so I am sitting without BTC currently thinking buy order at 85 ish? thoughts as far as your brother, hes dumb, you sell them and put them in something else you dont pay fees put some money in fun coins like Shibu for excitement and long game fun hope it ever hits .001 cent put 30% into btc, 30% into ethereum and find a few others you want to gamble with the only way to learn is to do it yourself, not listen to a message board Someone in this thread had a great strategy I wish I followed. Basically when BTC hits X9 they sell. When it hits X1or X0 they buy. Looking at price action that's a winning strat IMO. Right now that might be tough in the banana zone and the following down trend. But year I'd buy back in at 91 or 90, We know it's going to 140+ so don't miss the train. Share this post Link to post Share on other sites
jonmx 2,118 Posted November 26 1 hour ago, peenie said: Will you guys teach me how to invest in crypto? I asked my brother-in-law to invest my money in SOL over a year ago and he didn't. The choices he made has lost money instead of gained. I have my coins in a Trust wallet. How to I sell the bad coins? It's like weird coins. He said if I sold them, I wouldn't get the money out of it due to fees and to just leave it. The simplest way in open a account at one of the big crypto brokers like Coinbase, Kracken or Robinhood. Transfer money from your bank account to that account, and just buy from whatever coins they deal in, which should be a hundred plus different ones. Their apps are easy to use, but there are fees involved like less than 1 percent in each trade. SOL is still good. 1 Share this post Link to post Share on other sites
RaiderHaters Revenge 4,018 Posted November 26 1 minute ago, Cdub100 said: Someone in this thread had a great strategy I wish I followed. Basically when BTC hits X9 they sell. When it hits X1or X0 they buy. Looking at price action that's a winning strat IMO. Right now that might be tough in the banana zone and the following down trend. But year I'd buy back in at 91 or 90, We know it's going to 140+ so don't miss the train. I feel like its going to dip a little more, maybe avg in half now have 85 yes I have been doing the 1-9 theory since inception Share this post Link to post Share on other sites
Cdub100 3,668 Posted November 26 10 minutes ago, RaiderHaters Revenge said: I feel like its going to dip a little more, maybe avg in half now have 85 yes I have been doing the 1-9 theory since inception That's a good idea. Share this post Link to post Share on other sites
peenie 1,806 Posted November 26 No, no, no, you guys are misunderstanding my request. I own BTC and ETH. I purchased it a long time ago, thanks for suggesting it. What I was asking, was how to sell other weirdo coins. Never mind, I'll figure it out... Share this post Link to post Share on other sites
jonmx 2,118 Posted November 26 2 hours ago, peenie said: No, no, no, you guys are misunderstanding my request. I own BTC and ETH. I purchased it a long time ago, thanks for suggesting it. What I was asking, was how to sell other weirdo coins. Never mind, I'll figure it out... If you have an account on an exchange, you can send your coins there and trade them for whatever coins they support. 1 Share this post Link to post Share on other sites
Cdub100 3,668 Posted November 27 22 hours ago, jonmx said: If you have an account on an exchange, you can send your coins there and trade them for whatever coins they support. Don't waste your time. She will never get it. Then blame you after trying to help her. Share this post Link to post Share on other sites
Cdub100 3,668 Posted November 27 On 11/26/2024 at 1:33 PM, RaiderHaters Revenge said: I feel like its going to dip a little more, maybe avg in half now have 85 yes I have been doing the 1-9 theory since inception I bought at x2 Share this post Link to post Share on other sites
jonmx 2,118 Posted November 27 On 11/26/2024 at 11:34 AM, jonmx said: The market is down about 10-15% the last few days. I expect a lot of big money will be accumulating on this deep. It has already gained back more than half. Share this post Link to post Share on other sites
BiPolarBear 477 Posted November 28 On the NYSE, I have PLTR, SOFI, and COHR long term. These were all moonshots. One thing they have in common is that they are all US based. I got into crypto and bought some older projects based in the US: HBAR, ALGO, and ADA. Now Trump wants to promote US base crypto and has proposed having 4 US based cryptos trade with no capital gains taxes. I slopped into owning 3 of the 4 coins, lol. This is my first crypto bullrun. I know I have to take profits and not watch the values of my holdings tank. In general terms, I think crypto will enjoy far wider adoption in the near term. Governments are adopting and Whales are loading up. Share this post Link to post Share on other sites
Frozenbeernuts 1,878 Posted Monday at 04:01 PM Bought $DEAL at about 90k market cap last week. Currently sitting at 415k. Getting some solid insider info on coins. The meme coin market isn't doing great right now so I'm not crushing it yet like I had hoped, but I have a few that have run up nicely. Sold half my bag once I tripled my investment. Sitting on the rest for now. When it doubles from here I will be taking a little more off the table. $OMEGA is going to have a great run. Bought in initially at 5 mil mc. Ran up over 50 at one point. Sitting at 21mil now which is a good buy point imo. I round tripped $KOTO. Bought at 6mil. Ran to 18. Didn't take profit and now it's below my initial buy. I plan to scoop some more eventually. The guy running it is tied to Elon somehow. I am waiting with a nice chunk in USDC. Too many people I trust expect a dip into the 70s for bitcoin. Meme coins will not run hard overall until bitcoin is firmly above 100k. Share this post Link to post Share on other sites
RaiderHaters Revenge 4,018 Posted Monday at 04:10 PM anyone have any micro coins to play with that are potential risers? I like having 143 million coins rather than my .1 btc, 7 eth etc Share this post Link to post Share on other sites
Cdub100 3,668 Posted Monday at 05:55 PM 1 hour ago, RaiderHaters Revenge said: anyone have any micro coins to play with that are potential risers? I like having 143 million coins rather than my .1 btc, 7 eth etc It's really hard to find micros with all the rugs Share this post Link to post Share on other sites
lickin_starfish 1,752 Posted Tuesday at 10:32 AM I'm gonna ride XRP to an early retirement. Share this post Link to post Share on other sites
Frozenbeernuts 1,878 Posted Tuesday at 10:38 AM 18 hours ago, RaiderHaters Revenge said: anyone have any micro coins to play with that are potential risers? I like having 143 million coins rather than my .1 btc, 7 eth etc 94bevwEyu9GoaF4tsKoc9Su4GPQcqYZxJH2ocPzypump I like $DEAL looking for $1 mill to a few million. 1 Share this post Link to post Share on other sites
jonmx 2,118 Posted Tuesday at 12:49 PM 57 minutes ago, lickin_starfish said: I'm gonna ride XRP to an early retirement. XRP has had a spectacular run in the last month, but it now has a massive market cap and is overvalued. It has more downside than upside. Long-term something like ICP is probably the better retirement plan as it has a much higher upside, has much more utility and is much faster. Share this post Link to post Share on other sites
Cdub100 3,668 Posted Tuesday at 01:22 PM I hate XRP. I don't like their politics and I don't understand what they do. Share this post Link to post Share on other sites
Frozenbeernuts 1,878 Posted Tuesday at 02:50 PM 1 hour ago, Cdub100 said: I hate XRP. I don't like their politics and I don't understand what they do. Some kind of payment layer specifically designed to help banks. I won't touch it Share this post Link to post Share on other sites
Frozenbeernuts 1,878 Posted Tuesday at 03:03 PM MOG getting listed on Coinbase. Share this post Link to post Share on other sites
lod001 1,328 Posted Thursday at 02:42 AM Just broke thru $100k. Share this post Link to post Share on other sites
Frozenbeernuts 1,878 Posted Thursday at 02:50 AM I was waiting for it and I missed it. Congrats to those making money. If only there was a way to tell that this was going to happen so that the no coiners knew. Dang. Share this post Link to post Share on other sites
easilyscan 705 Posted Thursday at 04:13 AM 1 hour ago, lod001 said: Just broke thru $100k. https://www.binance.com/en/price/bitcoin https://robinhood.com/us/en/stocks/MSTR/ Share this post Link to post Share on other sites
The Real timschochet 5,170 Posted Thursday at 04:14 AM Congrats to those who have done well on this. But is it like a stock where you have to sell it to make money? Is now the time to sell or are you guys expecting it to keep going up? Share this post Link to post Share on other sites
jonmx 2,118 Posted Thursday at 04:57 AM 43 minutes ago, The Real timschochet said: Congrats to those who have done well on this. But is it like a stock where you have to sell it to make money? Is now the time to sell or are you guys expecting it to keep going up? It is not even remotely close to topping out. It is a vastly superior form of money than the fiat money system we use which is an albatross around our necks holding every country hostage to the central banking system. Debt-based currency is highly inefficient, it is counterfeitable, and it inherently straps us down with massive debt we can never pay back. The world would be far richer and so much better off moving to crypto-currencies. Share this post Link to post Share on other sites
easilyscan 705 Posted Thursday at 06:22 AM 1 hour ago, jonmx said: It is not even remotely close to topping out. It is a vastly superior form of money than the fiat money system we use which is an albatross around our necks holding every country hostage to the central banking system. Debt-based currency is highly inefficient, it is counterfeitable, and it inherently straps us down with massive debt we can never pay back. The world would be far richer and so much better off moving to crypto-currencies. A+ Share this post Link to post Share on other sites