OT: Investing - Stocks/Mutual Funds/Bonds/Crypto

Pachinko_ · Post #261 » by **Pachinko_** » Fri Dec 29, 2017 11:56 am

I bought an olive grove in Greece. Some of those trees have been there for hundreds, maybe a thousand years, and it's **** beautiful. My sister lives nearby and will run it, which means basically finding a few guys at the village once a year to do the picking, load it all on a truck and take it to the mill, which then keeps a cut for payment and gives you the rest of the olive oil. Our family business in Greece is in organic foods so we'll just get the land and the process certified as organic, bottle and label the oil with our label, add it to the stock and sell it through existing channels. On a good year it can return up to 20% of what I paid, some years it can return next to nothing. I don't care, worst case scenario my family will cook with pretty much the best oil money can buy.

I'd recommend it to anybody but the problem with those things is that they don't have a market price, there are no agents, and usually there is nothing for sale because owners generally don't sell. You just gotta be there and wait until you hear by word of mouth that someone is thinking of selling and then go find the guy and haggle until you shake hands. I loved every minute of it and I love owning it, even though I only see it once a year.

Gant · Post #262 » by **Gant** » Fri Dec 29, 2017 4:12 pm

"The stock market is a tool for transferring wealth from the impatient to the patient."

Post #263 » by **MickeyDavis** » Fri Dec 29, 2017 4:16 pm

Got into some XRP yesterday, up over 20% today. Easy money hahahaha

engelmartin · Post #264 » by **engelmartin** » Fri Dec 29, 2017 4:21 pm

MickeyDavis wrote:Got into some XRP yesterday, up over 20% today. Easy money hahahaha

Are you using Cryptopia? I can't make heads or tails out of this website.

Post #265 » by **MickeyDavis** » Fri Dec 29, 2017 4:24 pm

My buddy did it for me, I'm new to this. I'm not sure which exchange he used. I have another buddy wanting to get into ETN and the only exchange they are on is Cryptopia. He said the same thing, he's having a hard time with it. I'm going to look at it myself today and try to figure it out for him.

MartyConlonOnTheRun · Post #266 » by **MartyConlonOnTheRun** » Fri Dec 29, 2017 4:29 pm

MickeyDavis wrote:My buddy did it for me, I'm new to this. I'm not sure which exchange he used. I have another buddy wanting to get into ETN and the only exchange they are on is Cryptopia. He said the same thing, he's having a hard time with it. I'm going to look at it myself today and try to figure it out for him.

Your buddy will 'lose the key' when it jumps up 10,000%. You will then see photos of his new yacht on Facebook.

Post #267 » by **MickeyDavis** » Fri Dec 29, 2017 4:51 pm

He is kind of shady lol

jschligs · Post #268 » by **jschligs** » Fri Dec 29, 2017 4:54 pm

MickeyDavis wrote:Got into some XRP yesterday, up over 20% today. Easy money hahahaha

Just be ready for a 20% drop haha

skones · Post #269 » by **skones** » Fri Dec 29, 2017 5:21 pm

MickeyDavis wrote:Got into some XRP yesterday, up over 20% today. Easy money hahahaha

Bout damn time somebody else did.

Jazzy13 · Post #270 » by **Jazzy13** » Fri Dec 29, 2017 5:34 pm

I got in on ripple at low 70 cents!
It might hit $2 by years end.

Post #271 » by **MickeyDavis** » Fri Dec 29, 2017 5:55 pm

SELL!

HaroldinGMinor · Post #272 » by **HaroldinGMinor** » Fri Dec 29, 2017 6:14 pm

If anyone is up for doing research, the Yahoo Finance page has a ton of articles on crypto currency. new stuff daily.

Profound23 · Post #273 » by **Profound23** » Fri Dec 29, 2017 6:23 pm

MickeyDavis wrote:Got into some XRP yesterday, up over 20% today. Easy money hahahaha

Invested my football winnings into it when it was 0.29 cents.

Profound23 · Post #274 » by **Profound23** » Fri Dec 29, 2017 6:27 pm

JazzyPhinz wrote:I got in on ripple at low 70 cents!
It might hit $2 by years end.

When I researched it about a month ago. The guy who tried talking me into bitcoin years ago told me his predictions:

By the end of November it would be around $1.00.
By the end of the year around $3.00
By the end of the first quarter of 2018 $5.00
By the end of 2018 over $300.00

He also predicts due to it's qualities it will overtake bitcoin at some time. So far everything he told me about BTC was correct, except he assumed it peaked at a few thousand when it continued to grow and so far his projections for XRP have been spot on.

It also helps that the CEO for Ripple has been making the media rounds and people are starting to see it's possibilities.

Post #275 » by **MickeyDavis** » Sat Dec 30, 2017 5:08 pm

skones wrote:
Aaron It Out wrote:What are people using for Crypto exchange? Looking to move off Coinbase for something that supports more currencies. I started the verification process for Kraken but I'm seeing that it's taking weeks for some people. I'd rather not wait that long.

Sent from my SM-G955U using Tapatalk

I use Bittrex.

Another Ripple plug.

FYI, Bittrex isn't accepting new users right now.

skones · Post #276 » by **skones** » Sat Dec 30, 2017 5:40 pm

Profound23 wrote:
JazzyPhinz wrote:I got in on ripple at low 70 cents!
It might hit $2 by years end.

When I researched it about a month ago. The guy who tried talking me into bitcoin years ago told me his predictions:

By the end of November it would be around $1.00.
By the end of the year around $3.00
By the end of the first quarter of 2018 $5.00
By the end of 2018 over $300.00

He also predicts due to it's qualities it will overtake bitcoin at some time. So far everything he told me about BTC was correct, except he assumed it peaked at a few thousand when it continued to grow and so far his projections for XRP have been spot on.

It also helps that the CEO for Ripple has been making the media rounds and people are starting to see it's possibilities.

It's not going to take until the end of the first quarter to get to 5. It's going to go to 10 as soon as it hits coinbase. There's going to be a buying frenzy when the userbase sees the price per token vs the others.

Profound23 · Post #277 » by **Profound23** » Sat Dec 30, 2017 6:12 pm

skones wrote:
Profound23 wrote:
JazzyPhinz wrote:I got in on ripple at low 70 cents!
It might hit $2 by years end.

When I researched it about a month ago. The guy who tried talking me into bitcoin years ago told me his predictions:

By the end of November it would be around $1.00.
By the end of the year around $3.00
By the end of the first quarter of 2018 $5.00
By the end of 2018 over $300.00

He also predicts due to it's qualities it will overtake bitcoin at some time. So far everything he told me about BTC was correct, except he assumed it peaked at a few thousand when it continued to grow and so far his projections for XRP have been spot on.

It also helps that the CEO for Ripple has been making the media rounds and people are starting to see it's possibilities.

It's not going to take until the end of the first quarter to get to 5. It's going to go to 10 as soon as it hits coinbase. There's going to be a buying frenzy when the userbase sees the price per token vs the others.

Even better.....either way it’s scary how close he is. It almost his 3.00 last night and we are 36 hours away before the end of the year.

Aaron It Out · Post #278 » by **Aaron It Out** » Sat Dec 30, 2017 6:56 pm

MickeyDavis wrote:
skones wrote:
Aaron It Out wrote:What are people using for Crypto exchange? Looking to move off Coinbase for something that supports more currencies. I started the verification process for Kraken but I'm seeing that it's taking weeks for some people. I'd rather not wait that long.

Sent from my SM-G955U using Tapatalk

I use Bittrex.

Another Ripple plug.

FYI, Bittrex isn't accepting new users right now.

I finally got Tier 1 verified but still waiting on Tier 2 for Kraken. I sent all my LTC and BTC from Coinbase to Kraken in hopes that I could trade them both for XRP, but it looks like that can't be done and I need to wait until I'm Tier 2 verified to buy XRP with USD. Laaaame.

MissKhriddleton · Post #279 » by **MissKhriddleton** » Sat Dec 30, 2017 7:01 pm

Finally decided to take the plunge and just got hit with a 72 hour delay in transferring my ETH from Coinbase to Binance. Is this normal?

Profound23 · Post #280 » by **Profound23** » Sat Dec 30, 2017 7:13 pm

MissKhriddleton wrote:Finally decided to take the plunge and just got hit with a 72 hour delay in transferring my ETH from Coinbase to Binance. Is this normal?

Not usually, but with XRP being in such heavy demand I can believe it.