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

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

Post#601 » by Garbagelo » Thu Sep 23, 2021 5:09 pm

ZKnicks wrote:We all know that the big use case for NFTs so far has been art but others are coming. Gaming NFTs are making a push but I believe music based NFTs are a natural use case. I spent most of college and my 20s working in the music industry and absolutely think NFTs will change the game.
My buddy is launching a project tomorrow called The Husl and I am confident they are going to blow up.
Launching on 3 IDO platforms tomorrow and then on uniswap. $350k market cap on launch. I am as confident in these guys as I was for 3 years on Telcoin before it 100x’ed.
Oh and their official advisors are, among others, Busta Rhymes, Steve Rifkind and Yung Bleu. Busta has been pushing them hard and released his first NFT with them this week.
Check them out for something new. Easy to find if you search on social media. For me investing in a young project like this is a no brainer.


I would be careful of buying new coins though, they all end up being dumpfests early on

But I have read through their pitchdeck, seems interesting
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Re: OT: Crypto, Stocks, Bonds, Real Estate, Investments, IRAs & Finances, etc. 

Post#602 » by ZKnicks » Thu Sep 23, 2021 10:19 pm

Garbagelo wrote:
ZKnicks wrote:We all know that the big use case for NFTs so far has been art but others are coming. Gaming NFTs are making a push but I believe music based NFTs are a natural use case. I spent most of college and my 20s working in the music industry and absolutely think NFTs will change the game.
My buddy is launching a project tomorrow called The Husl and I am confident they are going to blow up.
Launching on 3 IDO platforms tomorrow and then on uniswap. $350k market cap on launch. I am as confident in these guys as I was for 3 years on Telcoin before it 100x’ed.
Oh and their official advisors are, among others, Busta Rhymes, Steve Rifkind and Yung Bleu. Busta has been pushing them hard and released his first NFT with them this week.
Check them out for something new. Easy to find if you search on social media. For me investing in a young project like this is a no brainer.


I would be careful of buying new coins though, they all end up being dumpfests early on

But I have read through their pitchdeck, seems interesting


Absolutely. I’m always skeptical but I know the CEO and what he is capable of. I know their plans and what they intend to do. Risks with every new company that’s why I always tell people to research on their own.
Me? I have faith in my buddy so I invested in the pre-sale to support him and his vision.
Public sale earlier today was at .25 and it is trading over $6 on uniswap already. I’m sure it will dump at some point and then have slow organic growth. I’m in it long term so I am totally cool with that.
Hope more check it out, not much traction in the music/nft space and these guys have some awesome ideas and collaborators.
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Re: OT: Crypto, Stocks, Bonds, Real Estate, Investments, IRAs & Finances, etc. 

Post#603 » by Stannis » Fri Sep 24, 2021 1:10 pm

I think there will be more FUD Saturday and Sunday on this China news
I believe he wasn't educated on the situation. Many people could have been harmed not only financially, physically, emotionally, spiritually. We do have freedom of speech, but there can be a lot of negative that comes with that

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

Post#604 » by Stannis » Fri Sep 24, 2021 3:07 pm

Garbagelo wrote:
ZKnicks wrote:We all know that the big use case for NFTs so far has been art but others are coming. Gaming NFTs are making a push but I believe music based NFTs are a natural use case. I spent most of college and my 20s working in the music industry and absolutely think NFTs will change the game.
My buddy is launching a project tomorrow called The Husl and I am confident they are going to blow up.
Launching on 3 IDO platforms tomorrow and then on uniswap. $350k market cap on launch. I am as confident in these guys as I was for 3 years on Telcoin before it 100x’ed.
Oh and their official advisors are, among others, Busta Rhymes, Steve Rifkind and Yung Bleu. Busta has been pushing them hard and released his first NFT with them this week.
Check them out for something new. Easy to find if you search on social media. For me investing in a young project like this is a no brainer.


I would be careful of buying new coins though, they all end up being dumpfests early on

But I have read through their pitchdeck, seems interesting


Is there any NFTs you can hold long term like BTC and ETH lol? Or like a NFT ETF

I really don't have the knowledge to actively trade and flip NFTs, but it's something I want to have exposure to.
I believe he wasn't educated on the situation. Many people could have been harmed not only financially, physically, emotionally, spiritually. We do have freedom of speech, but there can be a lot of negative that comes with that

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

Post#605 » by Garbagelo » Fri Sep 24, 2021 6:50 pm

Stannis wrote:
Garbagelo wrote:
ZKnicks wrote:We all know that the big use case for NFTs so far has been art but others are coming. Gaming NFTs are making a push but I believe music based NFTs are a natural use case. I spent most of college and my 20s working in the music industry and absolutely think NFTs will change the game.
My buddy is launching a project tomorrow called The Husl and I am confident they are going to blow up.
Launching on 3 IDO platforms tomorrow and then on uniswap. $350k market cap on launch. I am as confident in these guys as I was for 3 years on Telcoin before it 100x’ed.
Oh and their official advisors are, among others, Busta Rhymes, Steve Rifkind and Yung Bleu. Busta has been pushing them hard and released his first NFT with them this week.
Check them out for something new. Easy to find if you search on social media. For me investing in a young project like this is a no brainer.


I would be careful of buying new coins though, they all end up being dumpfests early on

But I have read through their pitchdeck, seems interesting


Is there any NFTs you can hold long term like BTC and ETH lol? Or like a NFT ETF

I really don't have the knowledge to actively trade and flip NFTs, but it's something I want to have exposure to.


There are quite a few but I am not interested in holding NFTs just flipping

Aside from the artsy stuff which I have no idea about, the best stores of value are Cryptopunks, Bored Ape Yacht Club, Art Blocks (Fidenzas), and CyberKongz. These are the blue chips.

Then you have up and comers like Doge Pound, Lazy Lions, Cool Cats, Sup Ducks, 0N1 Force, etc, list is too long

Then you have gaming NFTs which will go up and down based on demand based on in game like Axies and Sandbox

Personally think these have their own separate cycles up and down so it's just like trading crypto
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Re: OT: Crypto, Stocks, Bonds, Real Estate, Investments, IRAs & Finances, etc. 

Post#606 » by HighRyzer83 » Fri Sep 24, 2021 11:54 pm

Stannis wrote:I think there will be more FUD Saturday and Sunday on this China news

I very much look forward to temporary fud so I can stock up on a cheaper cost. After all, the main strategy to flip money during volatility is to buy in as low as possible and if fud is what's going to allow for that, then bring it on.

So I'm not too worried about the china news but I think the more substantial fud is our own government pushing this crypto bill on us by attempting to slip it through the infrastructure bill. If you want to fix roads and bridges then go ahead, why squeeze in a bunch of earmarks that only benefit special interests and big business. This is why the cost is so high. This is why I totally soured on Warren and her ridiculous anti crypto fixation. She actually said it's her mission to stop these "super codesters" referring to block chain technology. Like WTF what a boomer.
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Re: OT: Crypto, Stocks, Bonds, Real Estate, Investments, IRAs & Finances, etc. 

Post#607 » by KnicksGadfly » Fri Sep 24, 2021 11:56 pm

Anyone keeping up with Evergrande? Fascinating stuff
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Re: OT: Crypto, Stocks, Bonds, Real Estate, Investments, IRAs & Finances, etc. 

Post#608 » by aq_ua » Sat Sep 25, 2021 1:52 am

KnicksGadfly wrote:Anyone keeping up with Evergrande? Fascinating stuff

Don’t know if any of you guys follow Odd Lots on Bloomberg, but really good insight into the story and the controversial pieces that can’t really be explicitly stated but we all know to be true. It is such a story of unintended consequences on the way up and the way down.

https://podcasts.apple.com/sg/podcast/odd-lots/id1056200096?i=1000535983185
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Re: OT: Crypto, Stocks, Bonds, Real Estate, Investments, IRAs & Finances, etc. 

Post#609 » by HighRyzer83 » Sat Sep 25, 2021 3:56 am

KnicksGadfly wrote:Anyone keeping up with Evergrande? Fascinating stuff

On a side note, it's such a china thing to do. All the consolidation of a bunch of stuff all in one chitty product like one big cheap generic swiss knife. That's why we have anti trust laws. It's like Microsoft selling bagels. Gtfoh lol. That bubble like mentally is destined to fail and is not conducive to a healthy ecosystem. The overhead alone just for the electric car sector would make me curious about the expenses at least enough to check out the cashflow and earnings. I'm surprised so many Chinese investors (like more than half their population) flocked to it like sheep. Like their entire savings. This is why I never encourage everyone to start investing. I use to, but truly not everyone is meant for that shyt. It's not invest in everything all the time and all you have. But people never recommend strategy correctly because there's so many moving parts.
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Re: OT: Crypto, Stocks, Bonds, Real Estate, Investments, IRAs & Finances, etc. 

Post#610 » by Jose7 » Sat Sep 25, 2021 4:56 am

Bitcoin exists and we still speculating in the shi!tcoin casino fellas?

Really?

Cmon now.. I pray y'all dont get burned.

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

Post#611 » by Jeff Van Gully » Sat Sep 25, 2021 3:10 pm

HighRyzer83 wrote:
Stannis wrote:I think there will be more FUD Saturday and Sunday on this China news

I very much look forward to temporary fud so I can stock up on a cheaper cost. After all, the main strategy to flip money during volatility is to buy in as low as possible and if fud is what's going to allow for that, then bring it on.

So I'm not too worried about the china news but I think the more substantial fud is our own government pushing this crypto bill on us by attempting to slip it through the infrastructure bill. If you want to fix roads and bridges then go ahead, why squeeze in a bunch of earmarks that only benefit special interests and big business. This is why the cost is so high. This is why I totally soured on Warren and her ridiculous anti crypto fixation. She actually said it's her mission to stop these "super codesters" referring to block chain technology. Like WTF what a boomer.


i continue to learn so much from you guys. love this thread. i've made side investments and just upped my overall thinking just by listening to my fellow knick fans. really appreciate it!

highryzer, i am not too familar with warren's crypto past. gonna have to look it up now. but i am aware of bitcoin resistance for environmental reasons. do you have any thoughts on that? like... can we continue to build this infrastructure and take advantage of the utility potential (which is what tends to drive my investments) without doing significant damage to the planet?

not trying to derail or get overly political. again, i enjoy learning from everyone here.
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Re: OT: Crypto, Stocks, Bonds, Real Estate, Investments, IRAs & Finances, etc. 

Post#612 » by HighRyzer83 » Sat Sep 25, 2021 8:08 pm

Jeff Van Gully wrote:
HighRyzer83 wrote:
Stannis wrote:I think there will be more FUD Saturday and Sunday on this China news

I very much look forward to temporary fud so I can stock up on a cheaper cost. After all, the main strategy to flip money during volatility is to buy in as low as possible and if fud is what's going to allow for that, then bring it on.

So I'm not too worried about the china news but I think the more substantial fud is our own government pushing this crypto bill on us by attempting to slip it through the infrastructure bill. If you want to fix roads and bridges then go ahead, why squeeze in a bunch of earmarks that only benefit special interests and big business. This is why the cost is so high. This is why I totally soured on Warren and her ridiculous anti crypto fixation. She actually said it's her mission to stop these "super codesters" referring to block chain technology. Like WTF what a boomer.


i continue to learn so much from you guys. love this thread. i've made side investments and just upped my overall thinking just by listening to my fellow knick fans. really appreciate it!

highryzer, i am not too familar with warren's crypto past. gonna have to look it up now. but i am aware of bitcoin resistance for environmental reasons. do you have any thoughts on that? like... can we continue to build this infrastructure and take advantage of the utility potential (which is what tends to drive my investments) without doing significant damage to the planet?

not trying to derail or get overly political. again, i enjoy learning from everyone here.


I'm skeptical about these defi aspirations on top of Bitcoin blockchain. Because the difference between Bitcoin and ethereum is that on eth there is a native functionality that allows to directly put either eth or ethereum based assets into these smart contracts like lockboxes where there's then arbitrary condition of any kind that can then govern how those assets get released.

Bitcoin does not have that functionality to the same extent. Satoshi (if he even exists) will have to create his own system that enforces those rules to supplement the lack of native smart contacts and then on the Bitcoin layer, the bitcoins will have to be owned by probably a multisig wallet controlled by either him or the participants in this system. It looks similar but it will end up being something with a much weaker trust model. This is the whole reason why ethereum started as an independent system in the first place. There's technical limits to your ability to graft new functionality onto a system that is not powerful enough to support that new functionality.

Don't even get me started on it's mining concept.
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Re: OT: Crypto, Stocks, Bonds, Real Estate, Investments, IRAs & Finances, etc. 

Post#613 » by Kampuchea » Tue Sep 28, 2021 2:11 pm

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

Post#614 » by knickfan » Sun Oct 3, 2021 5:52 pm

aq_ua wrote:
KnicksGadfly wrote:Anyone keeping up with Evergrande? Fascinating stuff

Don’t know if any of you guys follow Odd Lots on Bloomberg, but really good insight into the story and the controversial pieces that can’t really be explicitly stated but we all know to be true. It is such a story of unintended consequences on the way up and the way down.

https://podcasts.apple.com/sg/podcast/odd-lots/id1056200096?i=1000535983185


I'm curious how Evergrande could affect bitcoin.. they are seemingly in completely different verticals. I'm probably missing something obvious.
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Re: OT: Crypto, Stocks, Bonds, Real Estate, Investments, IRAs & Finances, etc. 

Post#615 » by br7knicks » Sun Oct 3, 2021 6:30 pm

knickfan wrote:
aq_ua wrote:
KnicksGadfly wrote:Anyone keeping up with Evergrande? Fascinating stuff

Don’t know if any of you guys follow Odd Lots on Bloomberg, but really good insight into the story and the controversial pieces that can’t really be explicitly stated but we all know to be true. It is such a story of unintended consequences on the way up and the way down.

https://podcasts.apple.com/sg/podcast/odd-lots/id1056200096?i=1000535983185


I'm curious how Evergrande could affect bitcoin.. they are seemingly in completely different verticals. I'm probably missing something obvious.


the whole uncertainty of china has me concerned with crypto. if they keep cracking down on it and giving government control, that defeats the purpose of it being decentralized, which, to me, is the most appealing aspect of crypto.


that said, i'm continuing to DCA with ethereum. i just grabbed 10 more ETC with its most recent dip, but i'm mostly interested in putting into ETH.


between my cousin (who bought a **** of bitcoin in the early 2010s), and the guys i watch on youtube (graham stephen, andrei jikh), they're mostly onboard with crypto. i believe andrei just said he's moving most to all of his mindset to ETH.
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Re: OT: Crypto, Stocks, Bonds, Real Estate, Investments, IRAs & Finances, etc. 

Post#616 » by br7knicks » Sun Oct 3, 2021 6:32 pm

i know this isn't stocks/crypto, but i do want to know if anyone has any, or any experience, with buying a rental property?

i recently pulled a bunch of my money out of the market because i feel there will be a major correction/crash soon.


but i'm very interested in buying a rental property.

what are the steps? what did you use to find it?

i've been watching a bunch on youtube (mainly jaspreet singh, of the minority mindset, as he's my favorite). but i'd also like to ask my fellow knicks fans
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Re: OT: Crypto, Stocks, Bonds, Real Estate, Investments, IRAs & Finances, etc. 

Post#617 » by aq_ua » Mon Oct 4, 2021 12:48 am

knickfan wrote:
aq_ua wrote:
KnicksGadfly wrote:Anyone keeping up with Evergrande? Fascinating stuff

Don’t know if any of you guys follow Odd Lots on Bloomberg, but really good insight into the story and the controversial pieces that can’t really be explicitly stated but we all know to be true. It is such a story of unintended consequences on the way up and the way down.

https://podcasts.apple.com/sg/podcast/odd-lots/id1056200096?i=1000535983185


I'm curious how Evergrande could affect bitcoin.. they are seemingly in completely different verticals. I'm probably missing something obvious.

Well, Evergrande is a massive real estate developer so I don't know if there is a direct cause and effect link. There is a China regulation link between Evergrande and Bitcoin, in that China has implemented strict limitation on leverage for developers and also strict regulations on cryptocurrency transactions, both of which have come in proximate timeframes. There seems to be an overall move by China to shift from prioritizing capitalism led economic growth to equality and wealth dispersion. I'm following the stories with some curiosity, because a centrally controlled government like China can quickly change policies, so who knows how things shake out if there are more unintended negative consequences.

The other possible link is that a headline like Evergrande naturally increases uncertainty in the markets and pushes investors towards less risky assets. Bitcoin should be considered a speculative and risky asset, so the price should depress in this sort of an environment I suppose. Whether or not that actually happens, anybody's guess.
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Re: OT: Crypto, Stocks, Bonds, Real Estate, Investments, IRAs & Finances, etc. 

Post#618 » by aq_ua » Mon Oct 4, 2021 12:51 am

br7knicks wrote:i know this isn't stocks/crypto, but i do want to know if anyone has any, or any experience, with buying a rental property?

i recently pulled a bunch of my money out of the market because i feel there will be a major correction/crash soon.


but i'm very interested in buying a rental property.

what are the steps? what did you use to find it?

i've been watching a bunch on youtube (mainly jaspreet singh, of the minority mindset, as he's my favorite). but i'd also like to ask my fellow knicks fans

Really wish you wouldn't - bolded part. There are many studies that show how missing just a few days in the market can lead to missing out on year's worth of returns.

https://www.cnbc.com/2021/03/24/this-chart-shows-why-investors-should-never-try-to-time-the-stock-market.html
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Re: OT: Crypto, Stocks, Bonds, Real Estate, Investments, IRAs & Finances, etc. 

Post#619 » by br7knicks » Mon Oct 4, 2021 1:08 am

aq_ua wrote:
br7knicks wrote:i know this isn't stocks/crypto, but i do want to know if anyone has any, or any experience, with buying a rental property?

i recently pulled a bunch of my money out of the market because i feel there will be a major correction/crash soon.


but i'm very interested in buying a rental property.

what are the steps? what did you use to find it?

i've been watching a bunch on youtube (mainly jaspreet singh, of the minority mindset, as he's my favorite). but i'd also like to ask my fellow knicks fans

Really wish you wouldn't - bolded part. There are many studies that show how missing just a few days in the market can lead to missing out on year's worth of returns.

https://www.cnbc.com/2021/03/24/this-chart-shows-why-investors-should-never-try-to-time-the-stock-market.html



i know you're right (as you're reiterating what all other successful investors say). by a bunch i mean only about 10%.


i'm looking to buy a POS, fix it up (i did this in NY), and then turn it into a rental property versus selling it.

i'm still putting in $500 per month ($250 of it is what I receive each month from QYLD and RYLD), between my Roth IRA and M1 finance account, which is mainly the vanguard growth ETFs (heavy in VUG and VBK) and ARK ETFs (Q, F, and X).


but i feel a heavy correction is coming, and i didn't think i had enough saved for when it hits so i can buy a bunch cheaper.


but in the end, i'm sure you're probably right.
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Re: OT: Crypto, Stocks, Bonds, Real Estate, Investments, IRAs & Finances, etc. 

Post#620 » by aq_ua » Mon Oct 4, 2021 2:01 am

br7knicks wrote:
aq_ua wrote:
br7knicks wrote:i know this isn't stocks/crypto, but i do want to know if anyone has any, or any experience, with buying a rental property?

i recently pulled a bunch of my money out of the market because i feel there will be a major correction/crash soon.


but i'm very interested in buying a rental property.

what are the steps? what did you use to find it?

i've been watching a bunch on youtube (mainly jaspreet singh, of the minority mindset, as he's my favorite). but i'd also like to ask my fellow knicks fans

Really wish you wouldn't - bolded part. There are many studies that show how missing just a few days in the market can lead to missing out on year's worth of returns.

https://www.cnbc.com/2021/03/24/this-chart-shows-why-investors-should-never-try-to-time-the-stock-market.html



i know you're right (as you're reiterating what all other successful investors say). by a bunch i mean only about 10%.


i'm looking to buy a POS, fix it up (i did this in NY), and then turn it into a rental property versus selling it.

i'm still putting in $500 per month ($250 of it is what I receive each month from QYLD and RYLD), between my Roth IRA and M1 finance account, which is mainly the vanguard growth ETFs (heavy in VUG and VBK) and ARK ETFs (Q, F, and X).


but i feel a heavy correction is coming, and i didn't think i had enough saved for when it hits so i can buy a bunch cheaper.


but in the end, i'm sure you're probably right.

I've been on the painful end - selling low just to buyback high - if I can convince anyone to avoid doing the same just one time, I feel like I've won :P

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