MickeyDavis wrote:Always good info/opinions in this thread. It's nice to see guys admit that not every pick is a winner. That's a rare thing online where everyone is usually the greatest investor ever. I've got my ass handed to me on some stocks the past couple of months. BOXL, NSPR (now doing a 15-1 reverse split) are two.
sidney lanier wrote:Yes, we've all taken our lumps over the years. It took me a long time to avoid the trap of selling winners and holding losers, which left me with a garbage portfolio.
MickeyDavis wrote:I can't seem to find Robinhood fees on crypto, just curious how they compare to Coinbase or other exchanges.
MickeyDavis wrote:I can't seem to find Robinhood fees on crypto, just curious how they compare to Coinbase or other exchanges.
No, absolutely not under any circumstances ever should you be buying crypto on Robinhood. I'm not even convinced they actually hold the crypto they sell you. If you can't trade it off the exchange then you DON'T OWN IT, you're just gambling against its performance against USD. It's just gambling.
Gery Woelfel wrote:Got a time big boy?
Stannis wrote:sidney lanier wrote:Yes, we've all taken our lumps over the years. It took me a long time to avoid the trap of selling winners and holding losers, which left me with a garbage portfolio.
That's what I am afraid I am doing. But most of my winners were insanely overvalued so I let them go. Sold Docusign and Sea Limited recently. I was up like over 300% on both and held for just 1 year. And sold TradeDesk a couple months ago when it was 900.
I'm beginning to trim Lam Research.
I cut my losses with Nokia since I had too much "memes".
Debating if I should cut $SPCE while I am up. Lot of the institutional investors are selling.
MickeyDavis wrote:Fees don't bother me really, I'm not an active Crypto trader. I bought XRP 2+ years ago and only recently bought a couple of others. And of course there's taxes to consider when selling, which I've not done yet.
jschligs wrote:Stannis wrote:sidney lanier wrote:Yes, we've all taken our lumps over the years. It took me a long time to avoid the trap of selling winners and holding losers, which left me with a garbage portfolio.
That's what I am afraid I am doing. But most of my winners were insanely overvalued so I let them go. Sold Docusign and Sea Limited recently. I was up like over 300% on both and held for just 1 year. And sold TradeDesk a couple months ago when it was 900.
I'm beginning to trim Lam Research.
I cut my losses with Nokia since I had too much "memes".
Debating if I should cut $SPCE while I am up. Lot of the institutional investors are selling.
Want to hear a funny story. I bought $SPCE at $49.38. Down 55%
I am locking in 7 yr loans at 2.05. If you are getting more than 1% on your money right now you are taking risk. Period.DrWood wrote:jschligs wrote:DrWood wrote:anyone have a preferred no-risk (or extremely low chance of even short-term significant loss) investment?
I'd like something with more upside than T-bills, which is the only such choice I have in my 401K.
I haven’t looked at rates in a while to see what they’re at, but CDs ans MMAs are about as low risk as you can get. Heck, even opening a high interest (relatively speaking) savings account can get about .6-1% and is as liquid as can be
That's not enough upside to leave my T-bill-based fund (0.3% year-to-date, but over 2% over 3 years or longer). Is there nothing that's guaranteed over 3%?
fishnc wrote:If I had a gun with two bullets and I was in a room with Hitler, Bin Laden, and LeBron, I would shoot LeBron twice.
In a statement on Thodex’s website, Mr. Ozer, the firm’s founder, insisted he had left the country merely to consult with foreign investors and would return. He said the accusations were a “smear campaign” and blamed the shutdown of the trading platform on a cyberattack.
Thodex “has not victimized anyone,” he said, adding that only about 30,000 accounts “have a suspicious situation.”
Mr. Kilic noted that none of Thodex’s customers could gain access to their accounts. “If you cannot access the account, then you are a victim,” he said.
On Twitter, people reacted to a statement from Thodex with crying face emojis. “There are people who trust and invest everything in you,” one user wrote.
https://www.nytimes.com/2021/04/23/business/cryptocurrency-fraud-turkey.html
jschligs wrote:Bought my first Topshot NFT that wasn't a part of a pack. $40 for a Giannis dunk vs Detroit earlier this season. Not really sure what I'll do with it yet haha
Only took me 3 business days from the time I requested the ID verification to when the withdrawal was in my account. I had them deposit into a cryto wallet so maybe that sped up the process a little.BroncoBuck wrote:I was in on Topshot early, but it was so hard to take money out (it took 4 months) that I left the platform entirely. I don’t really trust them at all. Only place I’ve ever experienced anything close to that was off shore booking lol.
I haven’t read up on if they have sped up the process, but that was a massive red flag
