User Tag List

+ Reply to Thread
Page 1 of 3 123 LastLast
Results 1 to 10 of 25

Thread: Cryptocurrency vs stocks

  1. #1
    Points: 45,853, Level: 52
    Level completed: 34%, Points required for next Level: 1,197
    Overall activity: 2.0%
    Achievements:
    SocialTagger First ClassRecommendation Second Class50000 Experience PointsVeteran
    Cthulhu's Avatar Senior Member
    Karma
    72809
    Join Date
    Sep 2013
    Location
    The spaces between cognitive thought and passive nightmares
    Posts
    13,707
    Points
    45,853
    Level
    52
    Thanks Given
    10,317
    Thanked 7,940x in 5,316 Posts
    Mentioned
    577 Post(s)
    Tagged
    0 Thread(s)

    Cryptocurrency vs stocks

    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

  2. #2
    Original Ranter
    Points: 660,353, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 100.0%
    Achievements:
    SocialCreated Album picturesOverdrive50000 Experience PointsVeteran
    Awards:
    Posting Award
    Peter1469's Avatar Advisor
    Karma
    458232
    Join Date
    Jun 2011
    Location
    NOVA
    Posts
    193,661
    Points
    660,353
    Level
    100
    Thanks Given
    125,065
    Thanked 109,216x in 71,190 Posts
    Mentioned
    2389 Post(s)
    Tagged
    0 Thread(s)
    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


  3. The Following User Says Thank You to Peter1469 For This Useful Post:

    Cotton1 (04-07-2021)

  4. #3
    Points: 56,855, Level: 58
    Level completed: 26%, Points required for next Level: 1,495
    Overall activity: 17.0%
    Achievements:
    50000 Experience PointsSocialVeteran
    FindersKeepers's Avatar Senior Member
    Karma
    162777
    Join Date
    Jan 2016
    Posts
    17,743
    Points
    56,855
    Level
    58
    Thanks Given
    10,906
    Thanked 15,412x in 9,097 Posts
    Mentioned
    188 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by Cthulhu View Post
    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?
    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.
    "What happens is of little significance compared with the stories we tell ourselves about what happens. Events matter little, only stories of events
    affect us.

    ~Rabih Alameddin


  5. The Following 3 Users Say Thank You to FindersKeepers For This Useful Post:

    CCitizen (04-07-2021),Cotton1 (04-06-2021),Cthulhu (04-11-2021)

  6. #4
    Points: 66,642, Level: 63
    Level completed: 5%, Points required for next Level: 2,108
    Overall activity: 21.0%
    Achievements:
    Social1 year registeredCreated Album pictures50000 Experience PointsOverdrive
    Cotton1's Avatar Senior Member
    Karma
    14147
    Join Date
    Dec 2018
    Location
    Memphis and Arkansas
    Posts
    19,635
    Points
    66,642
    Level
    63
    Thanks Given
    14,726
    Thanked 14,140x in 9,283 Posts
    Mentioned
    68 Post(s)
    Tagged
    1 Thread(s)
    Quote Originally Posted by FindersKeepers View Post
    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.
    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.
    cats know things we don't know 🐈..
    .....cottonism

  7. The Following User Says Thank You to Cotton1 For This Useful Post:

    Peter1469 (04-07-2021)

  8. #5
    Points: 160,187, Level: 95
    Level completed: 62%, Points required for next Level: 1,463
    Overall activity: 16.0%
    Achievements:
    Social50000 Experience PointsVeteranYour first Group
    Ethereal's Avatar Senior Member
    Karma
    460683
    Join Date
    Sep 2013
    Posts
    53,078
    Points
    160,187
    Level
    95
    Thanks Given
    10,463
    Thanked 33,410x in 20,829 Posts
    Mentioned
    1015 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by Cthulhu View Post
    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?
    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's service when it is violating all His laws.
    --John Adams

  9. The Following User Says Thank You to Ethereal For This Useful Post:

    Peter1469 (04-07-2021)

  10. #6
    Points: 160,187, Level: 95
    Level completed: 62%, Points required for next Level: 1,463
    Overall activity: 16.0%
    Achievements:
    Social50000 Experience PointsVeteranYour first Group
    Ethereal's Avatar Senior Member
    Karma
    460683
    Join Date
    Sep 2013
    Posts
    53,078
    Points
    160,187
    Level
    95
    Thanks Given
    10,463
    Thanked 33,410x in 20,829 Posts
    Mentioned
    1015 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by Cotton1 View Post
    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.
    If your XRP play takes me to the moon, consider me your new best friend.

    And it now looks like Ripple will win their lawsuit against the SEC.
    Power always thinks it has a great soul, and vast views, beyond the comprehension of the weak. And that it is doing God's service when it is violating all His laws.
    --John Adams

  11. The Following User Says Thank You to Ethereal For This Useful Post:

    Cotton1 (04-07-2021)

  12. #7
    Points: 66,642, Level: 63
    Level completed: 5%, Points required for next Level: 2,108
    Overall activity: 21.0%
    Achievements:
    Social1 year registeredCreated Album pictures50000 Experience PointsOverdrive
    Cotton1's Avatar Senior Member
    Karma
    14147
    Join Date
    Dec 2018
    Location
    Memphis and Arkansas
    Posts
    19,635
    Points
    66,642
    Level
    63
    Thanks Given
    14,726
    Thanked 14,140x in 9,283 Posts
    Mentioned
    68 Post(s)
    Tagged
    1 Thread(s)
    Quote Originally Posted by Ethereal View Post
    If your XRP play takes me to the moon, consider me your new best friend.

    And it now looks like Ripple will win their lawsuit against the SEC.
    We are already friends. I love its role as a platform to facilitate trades between financial institutions. Glad to help but ultimately you made the move to do it ! Good work

  13. #8
    Points: 66,642, Level: 63
    Level completed: 5%, Points required for next Level: 2,108
    Overall activity: 21.0%
    Achievements:
    Social1 year registeredCreated Album pictures50000 Experience PointsOverdrive
    Cotton1's Avatar Senior Member
    Karma
    14147
    Join Date
    Dec 2018
    Location
    Memphis and Arkansas
    Posts
    19,635
    Points
    66,642
    Level
    63
    Thanks Given
    14,726
    Thanked 14,140x in 9,283 Posts
    Mentioned
    68 Post(s)
    Tagged
    1 Thread(s)
    Quote Originally Posted by Ethereal View Post
    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.
    I did the same thing with BTC in 2018. It was so oversold I went big. Imo it's the easiest play I ever made. It looked so easy I almost backed out. I didn't buy at $4k to sell at 5k. It was 50k+ or bust. I've lightened up but still holding some.

  14. #9
    Points: 21,166, Level: 35
    Level completed: 35%, Points required for next Level: 784
    Overall activity: 4.0%
    Achievements:
    Recommendation Second ClassSocial50000 Experience PointsVeteran
    Docthehun's Avatar Senior Member
    Karma
    209194
    Join Date
    Jul 2016
    Posts
    4,913
    Points
    21,166
    Level
    35
    Thanks Given
    9,905
    Thanked 3,404x in 2,267 Posts
    Mentioned
    105 Post(s)
    Tagged
    0 Thread(s)

  15. #10
    Points: 157,405, Level: 94
    Level completed: 89%, Points required for next Level: 445
    Overall activity: 70.0%
    Achievements:
    50000 Experience PointsSocialVeteranTagger First Class
    MisterVeritis's Avatar Senior Member
    Karma
    296534
    Join Date
    Oct 2014
    Location
    Northern Alabama
    Posts
    71,737
    Points
    157,405
    Level
    94
    Thanks Given
    68,855
    Thanked 27,901x in 20,490 Posts
    Mentioned
    280 Post(s)
    Tagged
    0 Thread(s)
    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.

+ Reply to Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts