The StoNks thread

[Byue]

I'm doing terribly because I don't manage my own money.
Some dude I have since I am 7 does it for me and the family.

I don't know but stonks.
and gains.

buy low sell high.
I have no idea.

But my guy is doing well.
Maybe I should sell my bitcoins though.

[Gwaihir]

Originally Posted by Patriam1066 [You must be logged in to view images. Log in or Register.]

Really glad I never thought crypto was a good idea

For BTC:
It needs to retrace all the way down to 20k to complete it's cycle. Then it will bounce +/-10% for till about 18 months before the next "halving". They're also talking about completely revamping how "mining" works to "reduce it's carbon footprint" which is a fundamental change which may completely devastate it's value.

Doge, and XRP are fiat cryptocurrency is with essentially no value whatsoever. If etherium holds true to it's foundation, it's the only crypto with a functional value moving forward due to having a "cost of production"

[Jibartik]

IMO the only thing that is goign to stop BC from reaching infiniate heights, is if quantum computing can crack the 256 hash. But other than that it seems to be here to stay.

Eventually people will need to transfer wealth between planets and if BC is still uncracked, it will be BC.

[Byue]

I mean, I never wanted to buy crypto.
There was just this guy at occupy that kept raging about it and I bought 1grand worth to shut him up and who's laughing now.

[Patriam1066]

Originally Posted by Gwaihir [You must be logged in to view images. Log in or Register.]

For BTC:
It needs to retrace all the way down to 20k to complete it's cycle. Then it will bounce +/-10% for till about 18 months before the next "halving". They're also talking about completely revamping how "mining" works to "reduce it's carbon footprint" which is a fundamental change which may completely devastate it's value.

Doge, and XRP are fiat cryptocurrency is with essentially no value whatsoever. If etherium holds true to it's foundation, it's the only crypto with a functional value moving forward due to having a "cost of production"

I agree with you on Ethereum. If it gets to $500 I’ll buy a bunch

[bubur]

i was out clean and then tried a swing trade. never try to guess a bottom when the lines are blood red knives

now locked into the daily hell of watching it go lower, knowing exactly what's going to happen (but still not ballsy enough to short)

hoping for a hell of a dead cat in the middle of the night for my sell order, or stake and wait 3 years. lawd help me

[Jibartik]

I still think Ford is a good buy (but it wont be)

[Gwaihir]

Market is gonna dive tomorrow and continue a downtrend for awhile. I had some hope the NASDAQ would recover it's high, but after reviewing VTI only being down 1.5% from it's all time high while the NASDAQ is down 5.5% (VTI being the entire stock market grouped into one etf) it seems like both the Dow and the s&P's recent surges coupled with the crypto meltdown a 7% pullback on the VTI is due.

[bubur]

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hot damn im within 10% of my original investment overnight. wtf im religious now

[Patriam1066]

Don’t invest money you are afraid to keep invested for years

I’m glad you got your money back, but it’s exceptionally stupid to gamble