What do the forumites think?
I'm in both. I think most have an apprehension about cryptos because it is so alien to them. But what do you guys think it's going to take off?
Any stocks or cryptos you guys have your sights set on?
What do the forumites think?
I'm in both. I think most have an apprehension about cryptos because it is so alien to them. But what do you guys think it's going to take off?
Any stocks or cryptos you guys have your sights set on?
"For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places."
Ephesians 6:12
I do diversified mutual funds. Not individual stocks or crypto.
@cotton is our expert on crypto, but I haven't seen him online lately.
ΜOΛΩΝ ΛΑΒΕ
Cotton1 (04-07-2021)
Peter's right, @Cotton1 is the expert here.
I dabble--just a little--mainly BTC, ETH, and LTC. I don't have a huge amount invested, just the money I had from not being able to take my vacation last summer, but I've almost doubled it since January when Cotton first helped me get started.
One thing I've learned is that a strong ROI is out there just ready to be made, but trading in cryptos requires frequent monitoring because they're volatile. I think knowledgeable day traders are likely the most successful.
""A government which robs Peter to pay Paul can always depend on the support of Paul" ~George Bernard Shaw
You are a natural. You trade like a seasoned pro. I have not once called seen you rattled.
Even when litecoin was $155-160 u were cucumber cool. I remember mentioning divergence to you when Altcoins have an inverse correlation to BTC. You said you had noticed so I explained what it meant. How about Lite at $240 tonight while BTC is churning sideways?
Holy moly and yes ma'am!
You are a natural, period .
Thanks for letting me help you get back started .
That makes me happy.
I'm yo.
This my brother yo
We yo yo
Peter1469 (04-07-2021)
I've been speculating in crypto for a while. Made some decent returns, but usually sold too early and missed out on some huge gains.
I'm super long on XRP right now after listening to Cotton's take and doing some research. It's up big in the past couple days, but I won't sell. I'm looking for Ferrari money, not a few grand.
As for stocks, I went big during the market crash last March. Mostly tech and cannabis stocks. I also put a few hundred into a blue chip mutual fund every once in a while to maintain some diversification. My portfolio is up like 80% since then.
As for specific stock picks, I like drone stocks. I see commercial drone aviation becoming fairly ubiquitous within the next decade. One day fairly soon, you'll look up in the sky and it will be full of drones doing all sorts of things, from delivering packages to beaming wireless internet.
Power always thinks it has a great soul, and vast views, beyond the comprehension of the weak. And that it is doing God service when it is violating all His laws.
--John Adams
Peter1469 (04-07-2021)
Power always thinks it has a great soul, and vast views, beyond the comprehension of the weak. And that it is doing God service when it is violating all His laws.
--John Adams
Cotton1 (04-07-2021)
Beware of Bitcoin
https://news.yahoo.com/peter-thiel-s...214400523.html
I have been in index funds mostly for a long time. I have averaged around 22% per year over the last decade or so. I recently had a 10K increase day. Usually my increase is between 1-2K per day.
Call your state legislators and insist they approve the Article V convention of States to propose amendments.
I pledge allegiance to the Constitution as written and understood by this nation's founders, and to the Republic it created, an indivisible union of sovereign States, with liberty and justice for all.