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

ABucksFan · Post #781 » by **ABucksFan** » Wed May 12, 2021 5:02 pm

th87 wrote:
ABucksFan wrote:I'm in on SHIB pumped like $500 last week before boom. Sitting on some decent gains now approaching 5 figures.

What do you read/monitor to be aware of these trends early?

Honestly...just scrounge reddit. I don't have the time to dig in too deep and make good decisions, but i do have some fun money to play with and take bets. I'm just riding the momentum and hoping to get out with a profit...i know long term this isn't for me :lol:

WeekapaugGroove · Post #782 » by **WeekapaugGroove** » Wed May 12, 2021 5:05 pm

Good luck to everyone playing the meme/**** game. I haven't messed with it but definitely some cash to be made if you time it right.

I'm more interested in playing the long game on some defi coins. Have ETH as my core investment then some Chainlink and Polygon. Any others that should be on my radar?

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Matches Malone · Post #783 » by **Matches Malone** » Wed May 12, 2021 5:24 pm

WeekapaugGroove wrote:I'm more interested in playing the long game on some defi coins. Have ETH as my core investment then some Chainlink and Polygon. Any others that should be on my radar?

Aside from the ones you mentioned, some of the long term coins I have money in, include ADA, ANKR, XLM, Polkadot, VeChain, Tezos (Staking) and Pirate Chain. I'm monitoring BAT and TRX as well.

WeekapaugGroove · Post #784 » by **WeekapaugGroove** » Wed May 12, 2021 6:41 pm

Read on Twitter

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vital_signs · Post #785 » by **vital_signs** » Wed May 12, 2021 6:59 pm

I try not to think about having over 10k dogecoin in 2018 but seeing it tame down a bit helps.

Rest of my stocks are ugly though, woof. May invest more in draft kings, ghvi, and palantir.

WeekapaugGroove · Post #786 » by **WeekapaugGroove** » Wed May 12, 2021 7:22 pm

Matches Malone wrote:
WeekapaugGroove wrote:I'm more interested in playing the long game on some defi coins. Have ETH as my core investment then some Chainlink and Polygon. Any others that should be on my radar?

Aside from the ones you mentioned, some of the long term coins I have money in, include ADA, ANKR, XLM, Polkadot, VeChain, Tezos (Staking) and Pirate Chain. I'm monitoring BAT and TRX as well.

Thank dude! I actually own a little XLM and BAT. I'll check out some others. I'm basically just using some excess cash that I wouldn't need to touch for years. Staking some ETH 2.0 and spreading some around to these projects and see if a few hit.

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HaroldinGMinor · Post #787 » by **HaroldinGMinor** » Wed May 12, 2021 10:11 pm

fansinceforever wrote:
HaroldinGMinor wrote:Anyone pick up any SHIB? These meme coins are a joke but at .000032 per coin you can invest $10 and potentially make a boatload.

Plan to today.

ha. good day to do it.

vegaspacker · Post #788 » by **vegaspacker** » Thu May 13, 2021 12:08 am

WeekapaugGroove wrote:
Matches Malone wrote:
WeekapaugGroove wrote:I'm more interested in playing the long game on some defi coins. Have ETH as my core investment then some Chainlink and Polygon. Any others that should be on my radar?

Aside from the ones you mentioned, some of the long term coins I have money in, include ADA, ANKR, XLM, Polkadot, VeChain, Tezos (Staking) and Pirate Chain. I'm monitoring BAT and TRX as well.

Thank dude! I actually own a little XLM and BAT. I'll check out some others. I'm basically just using some excess cash that I wouldn't need to touch for years. Staking some ETH 2.0 and spreading some around to these projects and see if a few hit.

Sent from my SM-G986U using RealGM mobile app

I have quite a bit in LINK and ADA, I hedged them with ETH and BIT. Feeling really good with that. MANA , XLM and ANKR are my fliers and have about 10k there. I have a few others like OGN, SKL, and ALGO.

OGN and MANA are my NFT plays. One has been fantastic like food from heaven, the other... Not as much.

Matches Malone · Post #789 » by **Matches Malone** » Thu May 13, 2021 12:19 am

Read on Twitter

mcfromage · Post #790 » by **mcfromage** » Thu May 13, 2021 12:26 am

Matches Malone wrote:

Read on Twitter

Thoughts?

Matches Malone · Post #791 » by **Matches Malone** » Thu May 13, 2021 12:46 am

mcfromage wrote:
Matches Malone wrote:

Read on Twitter

Thoughts?

We need to figure out which other Crypto they want to use. As far what that could look like? ADA ALGO SOL XRP NANO XLM? Those are just shots in the dark but one's I'd keep an eye on, especially Algo as they put out news last month of trying to push to be the cleanest blockchain. Eth 2.0 could maybe be in play too.

Post #792 » by **ReasonablySober** » Thu May 13, 2021 12:49 am

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.

Matches Malone · Post #793 » by **Matches Malone** » Thu May 13, 2021 1:03 am

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.

Post #794 » by **ReasonablySober** » Thu May 13, 2021 1:13 am

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.

Post #795 » by **ReasonablySober** » Thu May 13, 2021 1:57 am

Read on Twitter

0BobLobLaw0 · Post #796 » by **0BobLobLaw0** » Thu May 13, 2021 2:52 am

In the spirit of a popular subredit ELI5 (explain it to me like I'm 5), but how is crypto currency bad for the environment?

BUCKnation · Post #797 » by **BUCKnation** » Thu May 13, 2021 3:31 am

0BobLobLaw0 wrote:In the spirit of a popular subredit ELI5 (explain it to me like I'm 5), but how is crypto currency bad for the environment?

The process of mining these coins has a very high computer, and thus energy consumption and since most of that energy isnt renewable, its bad for the environment

Matches Malone · Post #798 » by **Matches Malone** » Thu May 13, 2021 3:31 am

0BobLobLaw0 wrote:In the spirit of a popular subredit ELI5 (explain it to me like I'm 5), but how is crypto currency bad for the environment?

Uses an absurd amount of energy to transact with, which in turn blows out a lot of carbon emissions.

0BobLobLaw0 · Post #799 » by **0BobLobLaw0** » Thu May 13, 2021 4:00 am

BUCKnation wrote:
0BobLobLaw0 wrote:In the spirit of a popular subredit ELI5 (explain it to me like I'm 5), but how is crypto currency bad for the environment?

The process of mining these coins has a very high computer, and thus energy consumption and since most of that energy isnt renewable, its bad for the environment

My job requires me to be on a computer for 40 hours a week. I guess I don't know enough about computers to know the difference

BUCKnation · Post #800 » by **BUCKnation** » Thu May 13, 2021 4:35 am

0BobLobLaw0 wrote:
BUCKnation wrote:
0BobLobLaw0 wrote:In the spirit of a popular subredit ELI5 (explain it to me like I'm 5), but how is crypto currency bad for the environment?

The process of mining these coins has a very high computer, and thus energy consumption and since most of that energy isnt renewable, its bad for the environment

My job requires me to be on a computer for 40 hours a week. I guess I don't know enough about computers to know the difference

Think of a fully decked out computer running on max power 24/7. You can heat a room with one, heat a house with multiple. Bitcoin mining by itself uses up almost 1% of the global energy consumption.