OT: Crypto, Stocks, Bonds, Real Estate, Investments, IRAs & Finances, etc.

[Stannis]

what do you think of BCH? I have some money I was going to throw into that.

I was wrong about ETH, and was expecting a major drop, where I was going to buy a bunch more.


btw, i have a few hundred ADA. not sure what DOT is. Thought about getting more ADA, but it's taking off right now

I really can't say much about BCH. There was a time I was going to buy them and LTC, but I thought it was better to just cost average into BTC, ETH, and DOT (DOT is my high risk/high reward coin).

I really can't comment on the alt coins. I don't trade them. I don't know much about them. I just know I believe Crypto has a future. And the safest way is to allocate a certain amount of your portfolio to it like people used to do with gold & silver. I'm at 10% Crypto at the moment, and I will try to bump that to 15%.

I bought DOT off of Garbagelo's recommendations. I did some more research on them and it seems like a good coin. I swing traded KSM a few times and made a decent buck and put the proceeds into DOT. I wish I bought more when it crashed to $11. But, hell, I wouldn't be surprised if we see another drop. Still a lot of FUD that can happen.

Right now Yellen and Biden have pretty much just been talking about doing something. They actually haven't done anything yet.

[HighRyzer83]

Is Cryptocurrency: currency (dollar,euro, etc) or an investment (gold, stocks, etc)?

Both. Just like world currencies are currency and an investment (that's why FOREX is a thing); Crypto is both as well.

Maybe it's not a prevalent now, but there was a time where top dogs would diversify the currencies they held. I remember this when the Euro was killing the Dollar.

Sitting on a pile of USD is an investment whether people realize it or not.

As fiat is getting exposed, and even gold to an extent, people are flocking to Bitcoin and for good reason. It's currency, an investment, an asset class, with a bunch of projects and alt coins behind it

what do you think of BCH? I have some money I was going to throw into that.

I was wrong about ETH, and was expecting a major drop, where I was going to buy a bunch more.


btw, i have a few hundred ADA. not sure what DOT is. Thought about getting more ADA, but it's taking off right now

Yeah I copped ada when it was just under a dollar. Very profitable. That coin has all kinds of potential, and it's 3rd gen technology blockchain. Unlike BTC for example, which is only valuable due to scarcity.
I just wish I bought much more ADA, but I played it safe :/

[Stannis]

Is it cool if we change this thread title to Investment, Crypto, and Stocks thread?

Would love to pick everyone's brain on investments and stocks.

I've been going in heavy on commodity stocks as of late.

[ZKnicks]

I’ll throw out some of my new picks.

Last thread I talked up Tel for 3 years before it 120x’ed as well as other gems like VRA which is up about 40x.

Some new tokens I picked up recently and believe in:
ZCX
YGG
XDB
And a few metaverse tokens like SAND and MANA.

Btc and Eth will keep growing and I continue to DCA into those.
Happy to see ADA doing well. Got in at .09 and out at 1.20, crazy seeing it at 2.50 but I’m happy with my gains.

Still haven’t sold one coin of the following that haven’t hit their stride yet but 100% will:
HTR
Noia
Dexa

Just my .02. If your interested in any of those, do some research. If you have conviction, jump in.

[KNIXFAN_83]

There’s a reason why XRP is in court with the SEC. XRP will be the standard for all crypto currencies once they settle. This will regulate the market and most likely eliminate 95 percent of coins with zero utility value. Once that case is settled we will be at the start of the digital age for currency.

[br7knicks]

what do you think of BCH? I have some money I was going to throw into that.

I was wrong about ETH, and was expecting a major drop, where I was going to buy a bunch more.


btw, i have a few hundred ADA. not sure what DOT is. Thought about getting more ADA, but it's taking off right now

I really can't say much about BCH. There was a time I was going to buy them and LTC, but I thought it was better to just cost average into BTC, ETH, and DOT (DOT is my high risk/high reward coin).

I really can't comment on the alt coins. I don't trade them. I don't know much about them. I just know I believe Crypto has a future. And the safest way is to allocate a certain amount of your portfolio to it like people used to do with gold & silver. I'm at 10% Crypto at the moment, and I will try to bump that to 15%.

I bought DOT off of Garbagelo's recommendations. I did some more research on them and it seems like a good coin. I swing traded KSM a few times and made a decent buck and put the proceeds into DOT. I wish I bought more when it crashed to $11. But, hell, I wouldn't be surprised if we see another drop. Still a lot of FUD that can happen.

Right now Yellen and Biden have pretty much just been talking about doing something. They actually haven't done anything yet.

I had LTC for a bit - think I bought a bunch around $100 and sold at $150 (way too soon, if i remember).

that's where i'm torn. do i DCA my ETH and ETC, or do i try to have some of the bitcoin family? i'm aware that BTC and BCH operate two completely different ways - i tried watching andrei jikh's video on it to understand it a bit better before i read up on it.

i asked my cousin (who has several dozen BTC) about joining the bitcoin family, and he said to just stick to the ethereum family (he has several hundred of them). he got into the game REALLY early and went all-in (and he's younger than me! )

yeah, i know that they've been talking about doing something, but fortunately nothing has materialized. i'm more worried about warren, who has a cult following and is all about regulating and taking more from people.

i recently threw some into ALGO - cousin gave me some **** about it.


i've been waiting for ETH to get below $1000, and ETC to get below $30, to get some more (DCA), but i was wrong about how low it would get, and they've been shooting off recently. i know ETH got to about $1500, but i stayed pretty stubborn in waiting for it to get $1000, unfortunately.


i don't want to venture to far away from the bitcoin or ethereum family, but i'd like to look into one, like you said, that's high risk/high reward. i may look into DOT.

[br7knicks]

what do you think of BCH? I have some money I was going to throw into that.

I was wrong about ETH, and was expecting a major drop, where I was going to buy a bunch more.


btw, i have a few hundred ADA. not sure what DOT is. Thought about getting more ADA, but it's taking off right now

Yeah I copped ada when it was just under a dollar. Very profitable. That coin has all kinds of potential, and it's 3rd gen technology blockchain. Unlike BTC for example, which is only valuable due to scarcity.
I just wish I bought much more ADA, but I played it safe :/

i wish i bought more, too. i didn't think much of it, which is why i only bought a few hundred of it. i'm hoping it'll drop below $1, so i can go buy more.

i think i just need to be less stubborn with the dollar that i stick with when i decide to buy more at the dips.

[br7knicks]

Is it cool if we change this thread title to Investment, Crypto, and Stocks thread?

Would love to pick everyone's brain on investments and stocks.

I've been going in heavy on commodity stocks as of late.

i'll be honest, that may be my fault. i think i've brought up investing rather than just crypto. i'm okay with whatever you guys want to do, as it doesn't bother me.


but i'm torn. while i do think making it investing/crypto would be more than fine, i bet you'd get a lot more people to come to a "just crypto" page versus an "investing and crypto" page. plus, if people want to know more about crypto, they may get too frustrated trying to filter it out with all the investing talk.


that being said, does it count that i've invested a lot into BLOK and BKCH (they're mainly blockchain ETFs), as well as IAUF and a bunch of precious metal mining companies (different because it's gold, but same mindset as a hedge against inflation and the dollar)?

[Knicks Byke]

Everyone should look into operating nodes.

[Jalen Bluntson]

I have a thousand dollars to invest...what where how when and why do I invest it?

[Jeff Van Gully]

Is it cool if we change this thread title to Investment, Crypto, and Stocks thread?

Would love to pick everyone's brain on investments and stocks.

I've been going in heavy on commodity stocks as of late.

i'll be honest, that may be my fault. i think i've brought up investing rather than just crypto. i'm okay with whatever you guys want to do, as it doesn't bother me.


but i'm torn. while i do think making it investing/crypto would be more than fine, i bet you'd get a lot more people to come to a "just crypto" page versus an "investing and crypto" page. plus, if people want to know more about crypto, they may get too frustrated trying to filter it out with all the investing talk.


that being said, does it count that i've invested a lot into BLOK and BKCH (they're mainly blockchain ETFs), as well as IAUF and a bunch of precious metal mining companies (different because it's gold, but same mindset as a hedge against inflation and the dollar)?

This is exactly what I was thinking. I don’t want to misrepresent the thread. It’s very crypto heavy and has utility for that reason.

We did have an investments thread before if I recall correctly. But I don’t think it survived like this did.

I’m happy to keep up with the thread and see where it goes.

[br7knicks]

I have a thousand dollars to invest...what where how when and why do I invest it?

I'm pessimistic, so I'd tell you what I'm doing and waiting for the market to correct, or take a major dip.


Also, I'm more old school and tell you, if you're my age (34) or younger, go heavy into growth ETFs(VUG, VWO, VBK, ARKQ, ARKF, ARKX, SFYX, IVSG, FGRO, IWO - all of which I have. Some people would say I have my eTFs spread too thin, and am too diversified) and stocks.

But that's because I'm okay with higher risk **** due to my age. Plus, some crypto.

If you want to go crypto, I mainly hear leaning towards Ethereum. Others might say differently, but I have most of my crypto in the Ethereum family.

But again, I'm holding onto my extra savings for the next dip. But I'm pretty dumb


https://etfdb.com/etfs/style/growth/


QYLD is on that list. I'm pretty sure it's not a "growth" ETF, but I have 400 shares of it, which provides about $90 per month in dividends, which I build up, then dump a bunch of it into something

[br7knicks]

I don't like motley fool articles, but they are fine for news updates of the happenings around the investment world.

We were just talking ADA earlier.

https://www.fool.com/the-ascent/cryptocurrency/articles/cardano-to-launch-smart-contracts-in-september-heres-what-it-means-for-investors/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article

[Jalen Bluntson]

I have a thousand dollars to invest...what where how when and why do I invest it?

I'm pessimistic, so I'd tell you what I'm doing and waiting for the market to correct, or take a major dip.


Also, I'm more old school and tell you, if you're my age (34) or younger, go heavy into growth ETFs(VUG, VWO, VBK, ARKQ, ARKF, ARKX, SFYX, IVSG, FGRO, IWO - all of which I have. Some people would say I have my eTFs spread too thin, and am too diversified) and stocks.

But that's because I'm okay with higher risk **** due to my age. Plus, some crypto.

If you want to go crypto, I mainly hear leaning towards Ethereum. Others might say differently, but I have most of my crypto in the Ethereum family.

But again, I'm holding onto my extra savings for the next dip. But I'm pretty dumb


https://etfdb.com/etfs/style/growth/


QYLD is on that list. I'm pretty sure it's not a "growth" ETF, but I have 400 shares of it, which provides about $90 per month in dividends, which I build up, then dump a bunch of it into something

I mean... I know less than nothing about how to do any of it. You were just speaking Greek to me basically. I get some of it but...yeah...I don't want to just throw away 1000 buck.

[br7knicks]

I have a thousand dollars to invest...what where how when and why do I invest it?

I'm pessimistic, so I'd tell you what I'm doing and waiting for the market to correct, or take a major dip.


Also, I'm more old school and tell you, if you're my age (34) or younger, go heavy into growth ETFs(VUG, VWO, VBK, ARKQ, ARKF, ARKX, SFYX, IVSG, FGRO, IWO - all of which I have. Some people would say I have my eTFs spread too thin, and am too diversified) and stocks.

But that's because I'm okay with higher risk **** due to my age. Plus, some crypto.

If you want to go crypto, I mainly hear leaning towards Ethereum. Others might say differently, but I have most of my crypto in the Ethereum family.

But again, I'm holding onto my extra savings for the next dip. But I'm pretty dumb


https://etfdb.com/etfs/style/growth/


QYLD is on that list. I'm pretty sure it's not a "growth" ETF, but I have 400 shares of it, which provides about $90 per month in dividends, which I build up, then dump a bunch of it into something

I mean... I know less than nothing about how to do any of it. You were just speaking Greek to me basically. I get some of it but...yeah...I don't want to just throw away 1000 buck.

i lost a bunch of money when i tried to start off without doing much research on anything.

https://www.youtube.com/channel/UCT3EznhW_CNFcfOlyDNTLLw


i found this guy, and now i watch him religiously. he's all about basic investing. he doesn't dabble much into crypto or anything crazy. he's a basic fundamental kind of guy, and he explains things on a dummy level (for people like me).

an ETF (similar to an Index Fund) is a group of stocks. instead of investing in individual stocks, an ETF will take your money and invest it into a bunch of stocks.

***You can watch the Mutual Fund section if you want, but it's irrelevant for me. Mutual Funds are more for people who are either retired, or have millions of dollars. I'm a teacher, I'll never considered a Mutual Fund

Watch on YouTube

this video will explain it all, it's great.


I wanted this to be short, but it's getting too long. I'll PM you.

Don't expect to digest and understand what i'm saying to you right away. give what i'm saying a few tries, and i'll do my best. again, i'm a safe, aggressive guy. my only real risks are the crypto that i'm trying for.


ETFs are boring. a **** load more boring than crypto. but if you're thinking 20+ years, they're the way to go.

[Stannis]

What is everyone doing with all these ATHs?

I quit bonds in my 401k and put it into a commodity fund.

I'm 50/50 on Big Tech and the other half in metal producers with some miners. Mostly in Steel stocks atm.

[Garbagelo]

What is everyone doing with all these ATHs?

I quit bonds in my 401k and put it into a commodity fund.

I'm 50/50 on Big Tech and the other half in metal producers with some miners. Mostly in Steel stocks atm.

Cathie Wood is expecting deflation to happen before long

Watch this video, she is on point with many topics here

Watch on YouTube

Personally, I have been averaging into some bond funds myself as a contrarian trade and have abandoned the commodity trade for the time being after watching this about 1 week ago

Also the news in China is actually quite deflationary as well

[HighRyzer83]

I have a thousand dollars to invest...what where how when and why do I invest it?

I'm pessimistic, so I'd tell you what I'm doing and waiting for the market to correct, or take a major dip.


Also, I'm more old school and tell you, if you're my age (34) or younger, go heavy into growth ETFs(VUG, VWO, VBK, ARKQ, ARKF, ARKX, SFYX, IVSG, FGRO, IWO - all of which I have. Some people would say I have my eTFs spread too thin, and am too diversified) and stocks.

But that's because I'm okay with higher risk **** due to my age. Plus, some crypto.

If you want to go crypto, I mainly hear leaning towards Ethereum. Others might say differently, but I have most of my crypto in the Ethereum family.

But again, I'm holding onto my extra savings for the next dip. But I'm pretty dumb


https://etfdb.com/etfs/style/growth/


QYLD is on that list. I'm pretty sure it's not a "growth" ETF, but I have 400 shares of it, which provides about $90 per month in dividends, which I build up, then dump a bunch of it into something

$90/month for 400 shares is incredible considering how cheap the shares are.
Curious, why would you dump it into something else? For me it would be just the opposite. Why not build up the share count to the point you don't have to work lol. I'm all about passive income.

[br7knicks]

I have a thousand dollars to invest...what where how when and why do I invest it?

I'm pessimistic, so I'd tell you what I'm doing and waiting for the market to correct, or take a major dip.


Also, I'm more old school and tell you, if you're my age (34) or younger, go heavy into growth ETFs(VUG, VWO, VBK, ARKQ, ARKF, ARKX, SFYX, IVSG, FGRO, IWO - all of which I have. Some people would say I have my eTFs spread too thin, and am too diversified) and stocks.

But that's because I'm okay with higher risk **** due to my age. Plus, some crypto.

If you want to go crypto, I mainly hear leaning towards Ethereum. Others might say differently, but I have most of my crypto in the Ethereum family.

But again, I'm holding onto my extra savings for the next dip. But I'm pretty dumb


https://etfdb.com/etfs/style/growth/


QYLD is on that list. I'm pretty sure it's not a "growth" ETF, but I have 400 shares of it, which provides about $90 per month in dividends, which I build up, then dump a bunch of it into something

$90/month for 400 shares is incredible considering how cheap the shares are.
Curious, why would you dump it into something else? For me it would be just the opposite. Why not build up the share count to the point you don't have to work lol. I'm all about passive income.

it is one of the most popular passive income stocks. a lot of high yield chasers go after QYLD (RYLD/NUSI/JEPI, all of which i have/had as well).


normally i would automatically reinvest it (i did for a while). but at my age (34), it's better in the long run if i throw as much money as I can into Growth stocks and ETFS.


i was into chasing passive income for a while. my goal was to make it to at least $200 per month with my Robinhood Account (i also have SDIV, RYLD, AGNC, NUSI). but i can make a lot more money 20-30 years from now if I throw it into Growth Stocks/ETFs.

my initial goal was to make it to about $1000 per month in dividends so that I could pay for rent/some expenses. but i don't have nearly enough money for that . plus, it'll take too long to reinvest the dividends to reach that point.

[br7knicks]

plus, as i stated in a post earlier, i'm incredibly pessimistic. i think the market is going to crash/correct/dip really hard soon. so i'd rather buy when prices have dropped