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

Post #801 » by **MickeyDavis** » Thu May 13, 2021 11:40 am

Lots of dips to buy on right now.

Stannis · Post #802 » by **Stannis** » Thu May 13, 2021 1:43 pm

ReasonablySober wrote:
Matches Malone wrote:I wholeheartedly agree things need to change. And I think that's kind of the point of the post. To find clean energy that doesn't have an impact on our environment. I don't think it's a sustainable technology in its current form.

The problem with Musk is he obviously knew how harmful it was before he invested heavily in BC and drove MASSIVE investment interest in it. **** that guy, **** the company, they earn no points.

Yep. He definitely knows. I think he's trolling us and the SEC. Basically flexing his balls and showing us how much power he has.

Post #803 » by **MickeyDavis** » Fri May 14, 2021 2:42 pm

Matic with another big jump. I think I'll lock in some profits. I can sell about 15%, bank some nice profit and let the other 85% run. Hopefully. Up 30% today and 84% the last week

HaroldinGMinor · Post #804 » by **HaroldinGMinor** » Fri May 14, 2021 4:11 pm

ReasonablySober wrote:Or we could just say good riddance and not be involved in a form of currency that is doing irreparable damage to the world. We could do that too.

FWIW, ETH2 is theoretically going to reduce Ethereum's energy consumption by 99%.

Mark Cuban thinks Crypto is actually good for the environment. This tweet was the first I'd heard of that:

Read on Twitter

This is the gist of the argument:

Half of global mining now takes place in one region of China – Sichuan. Why? Hydroelectricity. During the rainy season, its electricity prices are as low as anywhere in the world. Roughly 5% of Sichuan bitcoin mining power comes from nuclear or burning coal. 95% is from renewables.

hege53190 · Post #805 » by **hege53190** » Fri May 14, 2021 7:54 pm

MickeyDavis wrote:Lots of dips to buy on right now.

Facebook, Apple, Google look like good buys.

Matches Malone · Post #806 » by **Matches Malone** » Sat May 15, 2021 3:14 pm

ADA/Cardano is on a nice run. Them being a sustainability coin and massively reduced carbon footprint, good time to get in. Some think $10 is achievable by the end of year.

SupremeHustle · Post #807 » by **SupremeHustle** » Sat May 15, 2021 3:37 pm

Matches Malone wrote:ADA/Cardano is on a nice run. Them being a sustainability coin and massively reduced carbon footprint, good time to get in. Some think $10 is achievable by the end of year.

For some reason a couple of years ago I bought some ADA. I have 233. That's a couple of plane tickets to Maui if it hits $10!

SupremeHustle · Post #808 » by **SupremeHustle** » Sat May 15, 2021 3:39 pm

On the other hand, I bought something called Ankr yesterday and I'm already losing money. Maybe in a few years it'll take off.

Matches Malone · Post #809 » by **Matches Malone** » Sat May 15, 2021 5:54 pm

SupremeHustle wrote:On the other hand, I bought something called Ankr yesterday and I'm already losing money. Maybe in a few years it'll take off.

Funny you mention ANKR. This came across my twitter feed the other day.

Watch on YouTube

Post #810 » by **MickeyDavis** » Sun May 16, 2021 2:44 pm

Coinbase is going to be adding Doge in the next 6-8 weeks, it will be interesting to see if that has any affect.

Post #811 » by **MickeyDavis** » Sun May 16, 2021 2:51 pm

SupremeHustle wrote:On the other hand, I bought something called Ankr yesterday and I'm already losing money. Maybe in a few years it'll take off.

I bought $1,000 worth at $.13. Lottery ticket basically.

Thunder Muscle · Post #812 » by **Thunder Muscle** » Mon May 17, 2021 4:25 pm

I finally bought a little Bitcoin last week and its been tanking, haha, sigh. I don't know if should keep buying while it sinks or just stay away from it with these environment concerns.

SupremeHustle · Post #813 » by **SupremeHustle** » Mon May 17, 2021 5:11 pm

Thunder Muscle wrote:I finally bought a little Bitcoin last week and its been tanking, haha, sigh. I don't know if should keep buying while it sinks or just stay away from it with these environment concerns.

I'm no expert but I hear a lot of talk about ETH2 being the coin that will go nuclear over the long haul. I have zero of them, just relaying what I've read in a few places.

MoreTrife · Post #814 » by **MoreTrife** » Mon May 17, 2021 5:52 pm

Thunder Muscle wrote:I finally bought a little Bitcoin last week and its been tanking, haha, sigh. I don't know if should keep buying while it sinks or just stay away from it with these environment concerns.

Right there with you. Though I had some previously that I sold for small profit (missed out on larger profit). I didn't invest a lot so I'll just hold and whither if it goes that way.

WeekapaugGroove · Post #815 » by **WeekapaugGroove** » Mon May 17, 2021 8:39 pm

Question for the experiences Crypto folks. Why such a tight correlation between so many coins, the amount that they seem to rise and fall in unison seems odd.

Sent from my SM-G986U using RealGM mobile app

M-C-G · Post #816 » by **M-C-G** » Mon May 17, 2021 9:07 pm

WeekapaugGroove wrote:Question for the experiences Crypto folks. Why such a tight correlation between so many coins, the amount that they seem to rise and fall in unison seems odd.

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I'm not experienced, but would be interesting to see if big players are moving money out of the stock market and into crypto in any unified way. Then stock dips and they move back from crypto to stocks?

jschligs · Post #817 » by **jschligs** » Tue May 18, 2021 12:27 pm

WeekapaugGroove wrote:Question for the experiences Crypto folks. Why such a tight correlation between so many coins, the amount that they seem to rise and fall in unison seems odd.

Sent from my SM-G986U using RealGM mobile app

A lot of alt coins ruin on ETH. ETH often follows BTC. When one drops the majority drops. I still don’t fully understand.

Post #818 » by **MickeyDavis** » Tue May 18, 2021 12:34 pm

MickeyDavis wrote:Matic with another big jump. I think I'll lock in some profits. I can sell about 15%, bank some nice profit and let the other 85% run. Hopefully. Up 30% today and 84% the last week

I don't know what's going on with Matic but it's up another 30% since I posted this on Friday. Up over 400% in the last 3+ weeks. Of course I wish I had bought more.

vital_signs · Post #819 » by **vital_signs** » Wed May 19, 2021 1:09 pm

crypto blood bath, good god

jschligs · Post #820 » by **jschligs** » Wed May 19, 2021 1:19 pm

What I always love is I "bought the dip" when BTC dropped to $48k....and I really shouldn't average down but **** it I'm going to.