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

[JustinCredible]

Anyone have any experience buying existing cash flowing websites? Either directly through a place like Flippa or through a management company like The Income Store?

I've been researching it lately and it definitely has me intrigued.

[SupremeHustle]

I did the Coinbase/GDAX to Binance thing for XRP. It's dipped quite a bit today so I bought some more. Once XRP is added to Coinbase it will be easier although by then it may be too late to buy

Coinmarketcap removed Korean exchanges from their pricing system. Obviously it's a very widely used website, and the stark drop from 3.30ish to 2.70ish induced a bit of a panic sell. It's begun to recover.

It's already slated for DMM Bitcoin this week on the 11th (A Japanese exchange larger than Coinbase) so we should see healthy gains and Coinsquare (Canadian version of Coinbase) in the near future.

XRP is one of the most divisive coins in the crypto space. It's kind of hilarious. The staunch Satoshi-ites decry its lack of decentralization and that the founder is essentially the crypto version of Zuckerberg. I'm like: I don't care. Big Banks. Using Ripple. Already 'Use Case'. I holllllld ripple. Let's see where she goes. I got in at the $0.23 mark and am still feeling real real good.

And, because I'm firmly in the open-source open-information economy, I'll give y'all some heads ups (if you care at all);

Deep Brain Chain (DBC) - I highly highly recommend. It's already increased 5 over from its $.07 opening. This is the leading Crypto AI project and is a $1M USD Neo project

Q Link - Another 'Neo' project (sensing a theme? Neo is fantastic and the largest Proof of Stake coin in China. It has risen steady for the past year. It was sitting in the $20's USD around March/April of 2017 and it just spiked from the $50's USD to over $100 in the past month and could see steady growth due to more adoption. You can hold a Neon wallet for passive accumulation of Neo Gas or just keep it on Binance or KuCoin where they distribute Gas monthly and weekly, respectively.) Anyhow, Q Link is a decentralized crypto mobile phone platform. Very very interesting project. Still available under $1.

Substratum - based in Ohio, this is the leading decentralized internet server platform in the game. They will be releasing their desktop stake node platform in Q1 or Q2. At that time: watch out. Good long-term play, I love their concept and their team. It has risen risen risen in the past month but it can still be had in the $2.25 - $3.25 area right now.

WaBi - A great January play. Many big collaborations on the way by the end of this month and it has already been seeing steady rise in the past week. Data Dash's top 3 for January (if you haven't watched Data Dash, do so. He's fantastic). They are one of several competitors in the Enterprise Solutions department of product verification - RFID in this case.

Oyster Pearl: This project was settled in, undervalued I would say, in the $2.-- range but it has already started to rise again. They address two needs, simply I would add with one line of code in the back-end of website, of de-centralized cloud storage and passive revenue accumulation (Oyster Pearls) via website traffic as opposed to website advertisements (which nobody loves!) Also, Oyster Pearl is an ERC20 coin built on top of the Tangle not the Block Chain.

The Tangle you say?!?

MIota: Iota is one of the 'beyond the blockchain' next gen technologies. Their infrastructure is based on what they term 'The Tangle'. A far more involved technology that proclaims to be safer, more secure, and faster in the crypto space. To date, they are still in the late stages of development - as they don't publicly have any well-know use case. BUT, make no mistake, in the next 1-3 years this technology could become just as widespread as blockchain. We just don't know. They experienced a bit of a false rise in December when everyone anticipated a public-declared partnership with Microsoft. It was a bit of a tease as Microsoft and Iota both simply declared they are talking and collaborating but they aren't partners. Keep an eye out here. Currently, it's been vascillating in the $3.30 - $4.06 range since the announcement. This, after peaking the $6.00 market briefly in December.

Cardano (Ada): This may be my favorite project in all of the alt coin world. This is a 3rd gen Ethereum derivative coin based on their inner-evolving core structure 'Ouroborus'. BUT, this is Ethereum on steroids. Their team is fantastic, scholarly, and diverse. This is the only peer-reviewed coin in the marketplace. AND, they are still early enough in development that you can get in with a large amount. They've risen from the $0.44 window of early December. They false peaked to the $1.30 range but have since leveled off around the $0.95 - $1.08 range. Their Daedalus wallet is still in Beta phase and I believe (off the top of my head, I can't remember) this will also be a POS coin by Q3/Q4 of this year. Their website and their map will articulate this much better. If you're in for a good interview with the founder, Charles Hoskinson, see the Spoiler below. Fantastic and revealing interview if you're really into this sector like myself:

Spoiler:

Watch on YouTube

If you're interested in a short-term (Q1/Q2) 'gamble' or, hell, even long-term play given their extremely low price: B3 Coin and NYC (New York City Coin - who, I believe is rolling out their own ATM's in NYC this month?) are both extremely low cost coins at present and could rise eventually into that $1 range. NYC, for instance, (available at YoBit and a couple other fringe exchanges - be wary, this is like the wildhorse corral of exchanges...you have to log-in on same day from different IP's. Terrible customer service. A hilarious chat feed. But, honestly, whatever...I go here occasionally for a side hustle) is available for under a cent at present. Both coins could be a fun dip and flip coin for anyone interested. As always, w/ the penny plays in particular: Don't invest what you can not lose. These are always little side hustle 'what if' plays. NYC is a huge market and this coin is finally getting some legitimate publicity and development (They had been stagnant for quite awhile). We'll see. B3 Coin is one of those entities that could rise again. They had risen into the $0.30 USD window awhile back and then crashed below a cent w/ some development set-backs but they appear to be gaining a little bit of steam again. Case study: 2 days ago, my B3 coins rose +5,000% (!!) and are now sitting at the $0.01 - 0.03 range. I still think they are worth a play here as they could easily get to eh $1.-- by year's end. Again, these coins are just little gambles for me as I'm not fully invested in their devlopment like other projects I am actually passionate about.

AND, '

Definitely, definitely, definitely my brothers keep a devout ear and eye toward Hash Graph. This is a next gen Texas-based crypto player who are bringing a technology to the market place called, well, I believe, the HashGraph. Ha! This has the potential to revolutionize much like the Tangle. AND, they are still in development. i.e. they have not even ICO'd as far as I now.


That's all for now, gents. Happy trading and may you experience prosperity!

Joe, what's your address so I can know where to send my goons if I lose the $200 you convinced me to put into ADA?

[MickeyDavis]

Ripple was way down before a recent uptick. Swung between 2.50 down to 1.85 and now sitting at 2.08. I picked up a bit more around 2.

[bizarro]

Do you guys think that a crypto will ever hit 20k or even do as well as Bitcoin was doing at its peak?

Who knows. But, my general intuitive response would be: Why not?

There are a ton of 'fool' projects in the crypto space and their are soooooooo many noobs riding the same slogan 'To the Moon' from
Dogecoin back in 2013 - it's like that white guy that thinks it's still cool to Dab. AND, within all this, there is definitivey immense immense advancement and change across all sectors. The original adoption will be Enterprise Solutions. It is just too pressing and too in need of evolution.

Bitcoin is Legacy and all other coins are measured against it. If you look at the 50 day averages (and, please please please don't try to bring your stockmarket analysis tools to the crypto space - they don't work here as the volatility and averages play very differently), currently, Bitcoin will either dip below the threshold and all markets will bear OR (and, personally, this is what I think will happen) it will regain and trend upward at which time all markets should carry along. Bitcoin can easily get above the 20k mark. And, when I say easily, I do mean easily. This doesn't mean tomorrow. This doesn't mean next week. BUT, it does mean this year.

I fully expect Ethereum to continue its ascent - not as rapidly mind you as it has...but it will rise.

Neo, the same. China's market is simply too big and the demand too large.

Cardano is the sleeping giant as Japan is so favorable to cryptos. They are opening new markets and their society at large is very quick to adopt these technologies. Cardano is a slow mover - slower than Iota - but it will be an extremely relevant player within 3 years time.

Anywho...to answer your question directly, Mike: Yes. The dollar simply isn't worth a damn thing (95% depreciation since 2013). A $20,000 valuation really isn't all that grand we simply aren't used to it. Times are a changing.

[bizarro]

Coinmarketcap removed Korean exchanges from their pricing system. Obviously it's a very widely used website, and the stark drop from 3.30ish to 2.70ish induced a bit of a panic sell. It's begun to recover.

It's already slated for DMM Bitcoin this week on the 11th (A Japanese exchange larger than Coinbase) so we should see healthy gains and Coinsquare (Canadian version of Coinbase) in the near future.

XRP is one of the most divisive coins in the crypto space. It's kind of hilarious. The staunch Satoshi-ites decry its lack of decentralization and that the founder is essentially the crypto version of Zuckerberg. I'm like: I don't care. Big Banks. Using Ripple. Already 'Use Case'. I holllllld ripple. Let's see where she goes. I got in at the $0.23 mark and am still feeling real real good.

And, because I'm firmly in the open-source open-information economy, I'll give y'all some heads ups (if you care at all);

Deep Brain Chain (DBC) - I highly highly recommend. It's already increased 5 over from its $.07 opening. This is the leading Crypto AI project and is a $1M USD Neo project

Q Link - Another 'Neo' project (sensing a theme? Neo is fantastic and the largest Proof of Stake coin in China. It has risen steady for the past year. It was sitting in the $20's USD around March/April of 2017 and it just spiked from the $50's USD to over $100 in the past month and could see steady growth due to more adoption. You can hold a Neon wallet for passive accumulation of Neo Gas or just keep it on Binance or KuCoin where they distribute Gas monthly and weekly, respectively.) Anyhow, Q Link is a decentralized crypto mobile phone platform. Very very interesting project. Still available under $1.

Substratum - based in Ohio, this is the leading decentralized internet server platform in the game. They will be releasing their desktop stake node platform in Q1 or Q2. At that time: watch out. Good long-term play, I love their concept and their team. It has risen risen risen in the past month but it can still be had in the $2.25 - $3.25 area right now.

WaBi - A great January play. Many big collaborations on the way by the end of this month and it has already been seeing steady rise in the past week. Data Dash's top 3 for January (if you haven't watched Data Dash, do so. He's fantastic). They are one of several competitors in the Enterprise Solutions department of product verification - RFID in this case.

Oyster Pearl: This project was settled in, undervalued I would say, in the $2.-- range but it has already started to rise again. They address two needs, simply I would add with one line of code in the back-end of website, of de-centralized cloud storage and passive revenue accumulation (Oyster Pearls) via website traffic as opposed to website advertisements (which nobody loves!) Also, Oyster Pearl is an ERC20 coin built on top of the Tangle not the Block Chain.

The Tangle you say?!?

MIota: Iota is one of the 'beyond the blockchain' next gen technologies. Their infrastructure is based on what they term 'The Tangle'. A far more involved technology that proclaims to be safer, more secure, and faster in the crypto space. To date, they are still in the late stages of development - as they don't publicly have any well-know use case. BUT, make no mistake, in the next 1-3 years this technology could become just as widespread as blockchain. We just don't know. They experienced a bit of a false rise in December when everyone anticipated a public-declared partnership with Microsoft. It was a bit of a tease as Microsoft and Iota both simply declared they are talking and collaborating but they aren't partners. Keep an eye out here. Currently, it's been vascillating in the $3.30 - $4.06 range since the announcement. This, after peaking the $6.00 market briefly in December.

Cardano (Ada): This may be my favorite project in all of the alt coin world. This is a 3rd gen Ethereum derivative coin based on their inner-evolving core structure 'Ouroborus'. BUT, this is Ethereum on steroids. Their team is fantastic, scholarly, and diverse. This is the only peer-reviewed coin in the marketplace. AND, they are still early enough in development that you can get in with a large amount. They've risen from the $0.44 window of early December. They false peaked to the $1.30 range but have since leveled off around the $0.95 - $1.08 range. Their Daedalus wallet is still in Beta phase and I believe (off the top of my head, I can't remember) this will also be a POS coin by Q3/Q4 of this year. Their website and their map will articulate this much better. If you're in for a good interview with the founder, Charles Hoskinson, see the Spoiler below. Fantastic and revealing interview if you're really into this sector like myself:

Spoiler:

Watch on YouTube

If you're interested in a short-term (Q1/Q2) 'gamble' or, hell, even long-term play given their extremely low price: B3 Coin and NYC (New York City Coin - who, I believe is rolling out their own ATM's in NYC this month?) are both extremely low cost coins at present and could rise eventually into that $1 range. NYC, for instance, (available at YoBit and a couple other fringe exchanges - be wary, this is like the wildhorse corral of exchanges...you have to log-in on same day from different IP's. Terrible customer service. A hilarious chat feed. But, honestly, whatever...I go here occasionally for a side hustle) is available for under a cent at present. Both coins could be a fun dip and flip coin for anyone interested. As always, w/ the penny plays in particular: Don't invest what you can not lose. These are always little side hustle 'what if' plays. NYC is a huge market and this coin is finally getting some legitimate publicity and development (They had been stagnant for quite awhile). We'll see. B3 Coin is one of those entities that could rise again. They had risen into the $0.30 USD window awhile back and then crashed below a cent w/ some development set-backs but they appear to be gaining a little bit of steam again. Case study: 2 days ago, my B3 coins rose +5,000% (!!) and are now sitting at the $0.01 - 0.03 range. I still think they are worth a play here as they could easily get to eh $1.-- by year's end. Again, these coins are just little gambles for me as I'm not fully invested in their devlopment like other projects I am actually passionate about.

AND, '

Definitely, definitely, definitely my brothers keep a devout ear and eye toward Hash Graph. This is a next gen Texas-based crypto player who are bringing a technology to the market place called, well, I believe, the HashGraph. Ha! This has the potential to revolutionize much like the Tangle. AND, they are still in development. i.e. they have not even ICO'd as far as I now.


That's all for now, gents. Happy trading and may you experience prosperity!

Joe, what's your address so I can know where to send my goons if I lose the $200 you convinced me to put into ADA?

Bahahaha. I'll see you in the Texas Pines, amigo!

Keep in mind: the recent Cardano spike was absurdly ill-timed and inappropriate. It will continue it's regression, imho, into the $0.7- or so. This is fine. I am investing another $500-1000 this week. It will be its new plateau. It was riding the nonsense bull wave of all alt coins vs. Bitcoin (quite an abnormality). BUT, also, the sudden drop the past day and a half or so was strictly related to the fact Coin Market Cap withdrew all South Korean crypto valuations with little to no warning until the day of. Things will rebalance in the coming month, imho. I see big things for Cardano in the coming 3 years. It is most definitely a long play. Hold. Hold. Hold. Ride the waves.

[bizarro]

Ripple was way down before a recent uptick. Swung between 2.50 down to 1.85 and now sitting at 2.08. I picked up a bit more around 2.

Good for you, MD! That's the way to play the alt coin game. Ride those dips. Follow the three spike ascent. Look for the normalizing at the dip once the numbers gain support. In sudden spikes: don't buy into the hype. I have been waiting waiting waiting (since 12/30!!) for my $2,300.-- to make its way into Coinbase (Ha!) so I'm just hoping these dips stay steady into tomorrow. Ha!

[milwaukee bunks]

Thanks for info guys, I'll be following this thread. Just wanted to dabble in this a bit for fun. I got some money to risk.

Exactly. It's fun trying to figure it all out and if you bet on the right horse(s) you could turn a few hundred into a few thousand. And if I lose it, well I can lose it on the craps table in an hour (or less).

You're totally welcome. I am here in service and offering info on what I've learned. Best of luck!

Also, I got my first gpu rig up and running today. Big day for me. By the end of the week, I'll have 5 (potentially 7 cards soon) NVidia 1070's mining the LyraREv2 script getting Verge for the time being. Will be looking at a few other coins as well. The mining adventure is just as big an adventure (and, frankly, pain in the a@@) as the straight trading.

card prices have gone insane the last two weeks

[paulpressey25]

Good explainer on Bitcoin "mining" and why it uses so much electricity.

https://finance.yahoo.com/news/bitcoin-mining-sucks-much-electricity-140843956.html

Feel like at some point in the future people are going to look back and wonder why so much money, computer hardware and energy resources were used to basically play a complicated math video game and get the equivalent of electronic Chucky Cheese tokens.

[bizarro]

Exactly. It's fun trying to figure it all out and if you bet on the right horse(s) you could turn a few hundred into a few thousand. And if I lose it, well I can lose it on the craps table in an hour (or less).

You're totally welcome. I am here in service and offering info on what I've learned. Best of luck!

Also, I got my first gpu rig up and running today. Big day for me. By the end of the week, I'll have 5 (potentially 7 cards soon) NVidia 1070's mining the LyraREv2 script getting Verge for the time being. Will be looking at a few other coins as well. The mining adventure is just as big an adventure (and, frankly, pain in the a@@) as the straight trading.

card prices have gone insane the last two weeks

We actually got 8 1070 cards during Canada's 'Boxing Day'. Got each one at the $375-400 mark. But, man, it was fiercely competitive to get them - like there would be 12 cards available and we'd enter our information and 30 seconds later gone.

[bizarro]

Good explainer on Bitcoin "mining" and why it uses so much electricity.

https://finance.yahoo.com/news/bitcoin-mining-sucks-much-electricity-140843956.html

Feel like at some point in the future people are going to look back and wonder why so much money, computer hardware and energy resources were used to basically play a complicated math video game and get the equivalent of electronic Chucky Cheese tokens.

Yeah, it's one of the core issues w/ Bitcoin. And, there really is no wonder why it's happening: there's a significant market and desire for Bitcoin and people looooooove money. I mean, historically, humans are not good stewards if there is money involved - see passenger pigeons, sea otters, pine martins, elephants, highland gorillas, orangutans etc. I don't see many people looking back w/ remorse. Really, at all.

EDIT: I should add, I don't mine Bitcoin as the efficiency issue is a core issue for me. But, I certainly understand why someone else would prefer to ASIC mine if they have the resources. Also, at the same time, many people (certainly not enough, mind you) are mining using hydroelectric energy and solar and/or wind and some propose the demand for more energy in this marketplace may finally push solar - which is now extremely affordable - into the mainstream. Who knows?

[MilHammer]

XRP is one of the most divisive coins in the crypto space. It's kind of hilarious. The staunch Satoshi-ites decry its lack of decentralization and that the founder is essentially the crypto version of Zuckerberg. I'm like: I don't care. Big Banks. Using Ripple. Already 'Use Case'. I holllllld ripple. Let's see where she goes. I got in at the $0.23 mark and am still feeling real real good.

And, because I'm firmly in the open-source open-information economy, I'll give y'all some heads ups (if you care at all);

Deep Brain Chain (DBC) - I highly highly recommend. It's already increased 5 over from its $.07 opening. This is the leading Crypto AI project and is a $1M USD Neo project

Q Link - Another 'Neo' project (sensing a theme? Neo is fantastic and the largest Proof of Stake coin in China. It has risen steady for the past year. It was sitting in the $20's USD around March/April of 2017 and it just spiked from the $50's USD to over $100 in the past month and could see steady growth due to more adoption. You can hold a Neon wallet for passive accumulation of Neo Gas or just keep it on Binance or KuCoin where they distribute Gas monthly and weekly, respectively.) Anyhow, Q Link is a decentralized crypto mobile phone platform. Very very interesting project. Still available under $1.

Substratum - based in Ohio, this is the leading decentralized internet server platform in the game. They will be releasing their desktop stake node platform in Q1 or Q2. At that time: watch out. Good long-term play, I love their concept and their team. It has risen risen risen in the past month but it can still be had in the $2.25 - $3.25 area right now.

WaBi - A great January play. Many big collaborations on the way by the end of this month and it has already been seeing steady rise in the past week. Data Dash's top 3 for January (if you haven't watched Data Dash, do so. He's fantastic). They are one of several competitors in the Enterprise Solutions department of product verification - RFID in this case.

Oyster Pearl: This project was settled in, undervalued I would say, in the $2.-- range but it has already started to rise again. They address two needs, simply I would add with one line of code in the back-end of website, of de-centralized cloud storage and passive revenue accumulation (Oyster Pearls) via website traffic as opposed to website advertisements (which nobody loves!) Also, Oyster Pearl is an ERC20 coin built on top of the Tangle not the Block Chain.

The Tangle you say?!?

MIota: Iota is one of the 'beyond the blockchain' next gen technologies. Their infrastructure is based on what they term 'The Tangle'. A far more involved technology that proclaims to be safer, more secure, and faster in the crypto space. To date, they are still in the late stages of development - as they don't publicly have any well-know use case. BUT, make no mistake, in the next 1-3 years this technology could become just as widespread as blockchain. We just don't know. They experienced a bit of a false rise in December when everyone anticipated a public-declared partnership with Microsoft. It was a bit of a tease as Microsoft and Iota both simply declared they are talking and collaborating but they aren't partners. Keep an eye out here. Currently, it's been vascillating in the $3.30 - $4.06 range since the announcement. This, after peaking the $6.00 market briefly in December.

Cardano (Ada): This may be my favorite project in all of the alt coin world. This is a 3rd gen Ethereum derivative coin based on their inner-evolving core structure 'Ouroborus'. BUT, this is Ethereum on steroids. Their team is fantastic, scholarly, and diverse. This is the only peer-reviewed coin in the marketplace. AND, they are still early enough in development that you can get in with a large amount. They've risen from the $0.44 window of early December. They false peaked to the $1.30 range but have since leveled off around the $0.95 - $1.08 range. Their Daedalus wallet is still in Beta phase and I believe (off the top of my head, I can't remember) this will also be a POS coin by Q3/Q4 of this year. Their website and their map will articulate this much better. If you're in for a good interview with the founder, Charles Hoskinson, see the Spoiler below. Fantastic and revealing interview if you're really into this sector like myself:

Spoiler:

Watch on YouTube

If you're interested in a short-term (Q1/Q2) 'gamble' or, hell, even long-term play given their extremely low price: B3 Coin and NYC (New York City Coin - who, I believe is rolling out their own ATM's in NYC this month?) are both extremely low cost coins at present and could rise eventually into that $1 range. NYC, for instance, (available at YoBit and a couple other fringe exchanges - be wary, this is like the wildhorse corral of exchanges...you have to log-in on same day from different IP's. Terrible customer service. A hilarious chat feed. But, honestly, whatever...I go here occasionally for a side hustle) is available for under a cent at present. Both coins could be a fun dip and flip coin for anyone interested. As always, w/ the penny plays in particular: Don't invest what you can not lose. These are always little side hustle 'what if' plays. NYC is a huge market and this coin is finally getting some legitimate publicity and development (They had been stagnant for quite awhile). We'll see. B3 Coin is one of those entities that could rise again. They had risen into the $0.30 USD window awhile back and then crashed below a cent w/ some development set-backs but they appear to be gaining a little bit of steam again. Case study: 2 days ago, my B3 coins rose +5,000% (!!) and are now sitting at the $0.01 - 0.03 range. I still think they are worth a play here as they could easily get to eh $1.-- by year's end. Again, these coins are just little gambles for me as I'm not fully invested in their devlopment like other projects I am actually passionate about.

AND, '

Definitely, definitely, definitely my brothers keep a devout ear and eye toward Hash Graph. This is a next gen Texas-based crypto player who are bringing a technology to the market place called, well, I believe, the HashGraph. Ha! This has the potential to revolutionize much like the Tangle. AND, they are still in development. i.e. they have not even ICO'd as far as I now.


That's all for now, gents. Happy trading and may you experience prosperity!

Joe, what's your address so I can know where to send my goons if I lose the $200 you convinced me to put into ADA?

Bahahaha. I'll see you in the Texas Pines, amigo!

Keep in mind: the recent Cardano spike was absurdly ill-timed and inappropriate. It will continue it's regression, imho, into the $0.7- or so. This is fine. I am investing another $500-1000 this week. It will be its new plateau. It was riding the nonsense bull wave of all alt coins vs. Bitcoin (quite an abnormality). BUT, also, the sudden drop the past day and a half or so was strictly related to the fact Coin Market Cap withdrew all South Korean crypto valuations with little to no warning until the day of. Things will rebalance in the coming month, imho. I see big things for Cardano in the coming 3 years. It is most definitely a long play. Hold. Hold. Hold. Ride the waves.

Curious what your thoughts are on IOTA tech and Stellar. In regards to the latter, similar tech to Ripple, but hasn't really gotten off the ground like some were expecting. Worth buying at the bottom of this dip?

[bizarro]

Spoiler:

Joe, what's your address so I can know where to send my goons if I lose the $200 you convinced me to put into ADA?

Bahahaha. I'll see you in the Texas Pines, amigo!

Keep in mind: the recent Cardano spike was absurdly ill-timed and inappropriate. It will continue it's regression, imho, into the $0.7- or so. This is fine. I am investing another $500-1000 this week. It will be its new plateau. It was riding the nonsense bull wave of all alt coins vs. Bitcoin (quite an abnormality). BUT, also, the sudden drop the past day and a half or so was strictly related to the fact Coin Market Cap withdrew all South Korean crypto valuations with little to no warning until the day of. Things will rebalance in the coming month, imho. I see big things for Cardano in the coming 3 years. It is most definitely a long play. Hold. Hold. Hold. Ride the waves.

Curious what your thoughts are on IOTA tech and Stellar. In regards to the latter, similar tech to Ripple, but hasn't really gotten off the ground like some were expecting. Worth buying at the bottom of this dip?

Most definitely. This dip is a good thing for just that reason. It's not good for swing trader/day traders (unless you are extremely savvy) but for people like myself who read the market for longer plays this is a fantastic time.

There's so much false hype in the crypto game. This recent spike was an anomaly given how steep it rose and how quickly -- now, for certain 'coins' they've ridden this crest and continued incremental smaller waves. I mean, Neo and Ethereum are absolutely crushing right now as the smart contract tech and 3rd gen POS platforms gets their day in the sun. However, and I spoke to this w/ Mike yesterday: Cardano's rise was anomalous as they aren't really even in 'Use Case', yet. Ripple is the same to a degree as the hype was largely driven by S. Korea's trading population who has since been knocked off radar until that situation finds its way back to mainstream recognition.

BUT, all this being said, if you get out in these dips - and these dips are not prolonged - like many people in 2008 during the bubble burst you lose money. It's silly. It's the time to buy up, imho. That is why I never ever enter a market with money I need. It forces your hand and it disallows intelligent decisions and maximizing opportunities.

[MilHammer]

Spoiler:

Bahahaha. I'll see you in the Texas Pines, amigo!

Keep in mind: the recent Cardano spike was absurdly ill-timed and inappropriate. It will continue it's regression, imho, into the $0.7- or so. This is fine. I am investing another $500-1000 this week. It will be its new plateau. It was riding the nonsense bull wave of all alt coins vs. Bitcoin (quite an abnormality). BUT, also, the sudden drop the past day and a half or so was strictly related to the fact Coin Market Cap withdrew all South Korean crypto valuations with little to no warning until the day of. Things will rebalance in the coming month, imho. I see big things for Cardano in the coming 3 years. It is most definitely a long play. Hold. Hold. Hold. Ride the waves.

Curious what your thoughts are on IOTA tech and Stellar. In regards to the latter, similar tech to Ripple, but hasn't really gotten off the ground like some were expecting. Worth buying at the bottom of this dip?

Most definitely. This dip is a good thing for just that reason. It's not good for swing trader/day traders (unless you are extremely savvy) but for people like myself who read the market for longer plays this is a fantastic time.

There's so much false hype in the crypto game. This recent spike was an anomaly given how steep it rose and how quickly -- now, for certain 'coins' they've ridden this crest and continued incremental smaller waves. I mean, Neo and Ethereum are absolutely crushing right now as the smart contract tech and 3rd gen POS platforms gets their day in the sun. However, and I spoke to this w/ Mike yesterday: Cardano's rise was anomalous as they aren't really even in 'Use Case', yet. Ripple is the same to a degree as the hype was largely driven by S. Korea's trading population who has since been knocked off radar until that situation finds its way back to mainstream recognition.

BUT, all this being said, if you get out in these dips - and these dips are not prolonged - like many people in 2008 during the bubble burst you lose money. It's silly. It's the time to buy up, imho. That is why I never ever enter a market with money I need. It forces your hand and it disallows intelligent decisions and maximizing opportunities.

Yeah, I see it all operating in cycles. Right now, we're in a huge Ether run as the Ripple news shocked the altcoin market, leading people to sell their altcoins for Ether, Bitcoin, etc. Naturally, some of these altcoins will hit the bottom of their trough, and people will begin dumping their Ether into altcoin giants like Ripple, or whatever coins are touted as the next big thing.

I just try not to be greedy. Unless you're playing with big boy money (I'm a broke grad student), almost no one is getting rich off of this. I'm sticking with my Ether, and investing a bit in one's that have interesting tech that will sustain them in the long-run. Buy when coins are low, and when they appreciate a bit, sell half or more of what I have in the coin and enjoy the small gains.

[Throwback24]

PRMCF exploding. You look into it brah?

Also give, HRVOF a serious look. Super high on them, no pun intended. I can see it being a $3-5 stock in the short term.

[Nowak008]

There is a dilapidated commercial building in Racine that is 27,000 square feet I'd love to buy. It has 5 floors...each floor maybe big enough for a basketball court. Only 120k. Probably need double that to get it into decent condition though.

[Throwback24]

There is a dilapidated commercial building in Racine that is 27,000 square feet I'd love to buy. It has 5 floors...each floor maybe big enough for a basketball court. Only 120k. Probably need double that to get it into decent condition though.

What would you do with it?

[vlietinho]

PRMCF exploding. You look into it brah?

Also give, HRVOF a serious look. Super high on them, no pun intended. I can see it being a $3-5 stock in the short term.

thx man

[Nowak008]

There is a dilapidated commercial building in Racine that is 27,000 square feet I'd love to buy. It has 5 floors...each floor maybe big enough for a basketball court. Only 120k. Probably need double that to get it into decent condition though.

What would you do with it?

The ceilings are pretty high... I'm not sure if they are quite high enough for basketball though.... but if they are It would be cool to fix up the place and have 3 basketball courts and have a gym there. Keep the courts open super late. When I was young it always drove me crazy that there wasn't any good places to play basketball during the winter.

[M-C-G]

There is a dilapidated commercial building in Racine that is 27,000 square feet I'd love to buy. It has 5 floors...each floor maybe big enough for a basketball court. Only 120k. Probably need double that to get it into decent condition though.

What would you do with it?

The ceilings are pretty high... I'm not sure if they are quite high enough for basketball though.... but if they are It would be cool to fix up the place and have 3 basketball courts and have a gym there. Keep the courts open super late. When I was young it always drove me crazy that there wasn't any good places to play basketball during the winter.

SPEND the money to get a really good inspector up front. For that size and that cost, there are very likely tens of thousands of dollars of things that may need to be done to even get it to code.

[crkone]

What would you do with it?

The ceilings are pretty high... I'm not sure if they are quite high enough for basketball though.... but if they are It would be cool to fix up the place and have 3 basketball courts and have a gym there. Keep the courts open super late. When I was young it always drove me crazy that there wasn't any good places to play basketball during the winter.

SPEND the money to get a really good inspector up front. For that size and that cost, there are very likely tens of thousands of dollars of things that may need to be done to even get it to code.

And make sure it wasn't an industrial place where waste was made and dumped. Nothing like having to do soil remediation because it was a tannery 100 years ago.