Current Events > Are you investing in crypto? If not, why?

Topic List	Page List: 1, 2
closetkpopfan 09/14/21 9:38:19 AM #1:	Ive been investing for the last 4 years, experienced the highs and lows of the last bull run that ended in January 2018 and crashed hard in a matter of days. I went from investing like $1000 and could have flipped that for 20k at the time, but I told myself I wasnt investing for 20k I was trying to find early retirement. So of course the major crash was disappointing, but also a valuable learning experience. Ive accumulated here and there since then and am in a good position should we see another massive end to the current bull run. If ADA reaches $5 I can retire at 34 years old. Im a teacher that makes $40k a year, take home is more like $33-34k. I highly recommend investing your money in something, even if its not cryptos. I saw no way out of working until Im at least 60, as that is the earliest Im eligible to retire at my teaching job. I remember on CE back in the last bull run some people acted like it was too late to get in, or it was a fad. Some probably even laughed when the market crashed and said I told you so. Crypto is still very early and I believe it will go much higher then where it is now. Obviously do your own research and invest what you can afford to lose, but dont waste your life away working a 9-5 paying mortgage and loans. Now those of you who have higher paying jobs and are debt free thats awesome, but those of you making what I make or in that ball park there is a way out. tldr: Crypto is the only viable option I see to early retirement from working a middle class job the rest of my life. Its worth the risk IMO. --- http://s1.postimage.org/fm1o7jxqn/secret.jpg http://s28.postimg.org/iyw1do0vh/Untitled.png http://s24.postimg.org/unjg0nrtx/1117615_1347687231256_full.jpg <cite>closetkpopfan posted [p:958041323] in Are you in... [t:79660950]...</cite> <quote>Ive been investing for the last 4 years, experienced the highs and lows of the last bull run that ended in January 2018 and crashed hard in a matter of days. I went from investing like $1000 and could have flipped that for 20k at the time, but I told myself I wasnt investing for 20k I was trying to find early retirement. So of course the major crash was disappointing, but also a valuable learning experience. Ive accumulated here and there since then and am in a good position should we see another massive end to the current bull run. If ADA reaches $5 I can retire at 34 years old. Im a teacher that makes $40k a year, take home is more like $33-34k. I highly recommend investing your money in something, even if its not cryptos. I saw no way out of working until Im at least 60, as that is the earliest Im eligible to retire at my teaching job. I remember on CE back in the last bull run some people acted like it was too late to get in, or it was a fad. Some probably even laughed when the market crashed and said I told you so. Crypto is still very early and I believe it will go much higher then where it is now. Obviously do your own research and invest what you can afford to lose, but dont waste your life away working a 9-5 paying mortgage and loans. Now those of you who have higher paying jobs and are debt free thats awesome, but those of you making what I make or in that ball park there is a way out. tldr: Crypto is the only viable option I see to early retirement from working a middle class job the rest of my life. Its worth the risk IMO. </quote> ... Copied to Clipboard!
DipDipDiver 09/14/21 9:39:50 AM #2:	I feel like it's too late for me to realistically make a lot of money. If I'd gotten in when I first heard about it I'd be rich now <cite>DipDipDiver posted [p:958041368] in Are you in... [t:79660950]...</cite> <quote>I feel like it's too late for me to realistically make a lot of money. If I'd gotten in when I first heard about it I'd be rich now </quote> ... Copied to Clipboard!
Xethuminra 09/14/21 9:40:03 AM #3:	You need a portfolio. <cite>Xethuminra posted [p:958041375] in Are you in... [t:79660950]...</cite> <quote>You need a portfolio. </quote> ... Copied to Clipboard!
g980 09/14/21 9:42:09 AM #4:	I dont invest in it for the same reason i dont gamble If they stabilize some day and are a viable currency: sure, i will grab some But i am pretty risk averse and would rather stick to asset classes with more intrinsic/non speculative value --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:958041427] in Are you in... [t:79660950]...</cite> <quote>I dont invest in it for the same reason i dont gamble If they stabilize some day and are a viable currency: sure, i will grab some But i am pretty risk averse and would rather stick to asset classes with more intrinsic/non speculative value</quote> ... Copied to Clipboard!
theAteam 09/14/21 9:45:22 AM #5:	I put in a couple grand and have been selling at 100% profit. Maybe I'll miss out on a lot more but you don't see those kinds of returns very often anywhere else. --- Buffalo Bills Season Prediction: 13-4 Season: 0-1 Week 2: @ MIA <cite>theAteam posted [p:958041504] in Are you in... [t:79660950]...</cite> <quote>I put in a couple grand and have been selling at 100% profit. Maybe I'll miss out on a lot more but you don't see those kinds of returns very often anywhere else. </quote> ... Copied to Clipboard!
closetkpopfan 09/14/21 9:48:55 AM #6:	DipDipDiver posted... I feel like it's too late for me to realistically make a lot of money. If I'd gotten in when I first heard about it I'd be rich now Its easy to have this mindset. I mean its the same for me and Ive invested over the years. Hindsight is always 20/20, you cant let that deter you. People said the same thing 4 years ago when Bitcoin was on its crazy run to 20k. Its current all time high is like 64k, with many people expecting it to go to at least 100k this bull run. Dont be that guy that says its too late, 4 years from now we could Bitcoin worth 100s of thousands of dollars. g980 posted... But i am pretty risk averse and would rather stick to asset classes with more intrinsic/non speculative value As long as youre investing in something man thats what matters. --- http://s1.postimage.org/fm1o7jxqn/secret.jpg http://s28.postimg.org/iyw1do0vh/Untitled.png http://s24.postimg.org/unjg0nrtx/1117615_1347687231256_full.jpg <cite>closetkpopfan posted [p:958041603] in Are you in... [t:79660950]...</cite> <quote>DipDipDiver posted... </cite> <quote>I feel like it's too late for me to realistically make a lot of money. If I'd gotten in when I first heard about it I'd be rich now</quote> Its easy to have this mindset. I mean its the same for me and Ive invested over the years. Hindsight is always 20/20, you cant let that deter you. People said the same thing 4 years ago when Bitcoin was on its crazy run to 20k. Its current all time high is like 64k, with many people expecting it to go to at least 100k this bull run. Dont be that guy that says its too late, 4 years from now we could Bitcoin worth 100s of thousands of dollars. g980 posted... </cite> <quote>But i am pretty risk averse and would rather stick to asset classes with more intrinsic/non speculative value</quote> As long as youre investing in something man thats what matters. </quote> ... Copied to Clipboard!
ALIEN_WORK2HOP 09/14/21 9:50:46 AM #7:	I have some money in various Stocks, ETFS and Fonds but not much. I don't plan for early retirement and I don't understand Crypto so I haven't gotten into it. --- If you have selfish, ignorant citizens, you're going to get selfish, ignorant leaders. <cite>ALIEN_WORK2HOP posted [p:958041643] in Are you in... [t:79660950]...</cite> <quote>I have some money in various Stocks, ETFS and Fonds but not much. I don't plan for early retirement and I don't understand Crypto so I haven't gotten into it. </quote> ... Copied to Clipboard!
Heartomaton 09/14/21 9:51:29 AM #8:	Can't be bothered. --- https://www.youtube.com/user/Heartomaton Heartomaton for President 2028. <cite>Heartomaton posted [p:958041664] in Are you in... [t:79660950]...</cite> <quote>Can't be bothered. </quote> ... Copied to Clipboard!
closetkpopfan 09/14/21 9:54:34 AM #9:	Heartomaton posted... Can't be bothered. Dont know your financial situation, but if youre content with it then good for you. If not, Id suggest you bother yourself lol. --- http://s1.postimage.org/fm1o7jxqn/secret.jpg http://s28.postimg.org/iyw1do0vh/Untitled.png http://s24.postimg.org/unjg0nrtx/1117615_1347687231256_full.jpg <cite>closetkpopfan posted [p:958041726] in Are you in... [t:79660950]...</cite> <quote>Heartomaton posted... </cite> <quote>Can't be bothered.</quote> Dont know your financial situation, but if youre content with it then good for you. If not, Id suggest you bother yourself lol. </quote> ... Copied to Clipboard!
Fluttershy 09/14/21 9:55:53 AM #10:	my approach has been to invest a moderate amount across a bunch of coins and then to have them limit sell when it hits a reasonable profit -- nothing insane. my thinking was that it would let me gradually accrue and each round would be worth more, and so far, i'm right. also market prediction seems like fortune telling to me. the more you tell people what they want to hear, the better they think you are. there's also something of a wild west feel to all of it. i was watching when shib was going to go on coinbase and i made 6k in ten minutes that day. i could have just as easily lost most of the initial investment. people who bought and walked away were in for a rude surprise. i feel like the paper hands thing and the coin loyalty thing are part of some weird grift. --- https://imgur.com/CnmWjgd <cite>Fluttershy posted [p:958041752] in Are you in... [t:79660950]...</cite> <quote>my approach has been to invest a moderate amount across a bunch of coins and then to have them limit sell when it hits a reasonable profit -- nothing insane. my thinking was that it would let me gradually accrue and each round would be worth more, and so far, i'm right. also market prediction seems like fortune telling to me. the more you tell people what they want to hear, the better they think you are. there's also something of a wild west feel to all of it. i was watching when shib was going to go on coinbase and i made 6k in ten minutes that day. i could have just as easily lost most of the initial investment. people who bought and walked away were in for a rude surprise. i feel like the paper hands thing and the coin loyalty thing are part of some weird grift. </quote> ... Copied to Clipboard!
EndOfDiscOne 09/14/21 10:02:47 AM #11:	Same as you, I'm holding until I hit my retirement goals. If I really wanted to, I could do it when BTC is about $110,000 and my wife keeps working. But I'm going to hold until $280,000 so that we could both retire if we wanted. Those thresholds could go higher or lower depending on how my alts do. I've run some historic scenarios, like "sell X amount when the price goes up Y percentage," but these scenarios always end up losing out compared to just buying and holding. --- I am the Cheese! I am the best character on the show! I am better than both the salami and the bologna *COMBINED!* <cite>EndOfDiscOne posted [p:958041913] in Are you in... [t:79660950]...</cite> <quote>Same as you, I'm holding until I hit my retirement goals. If I really wanted to, I could do it when BTC is about $110,000 and my wife keeps working. But I'm going to hold until $280,000 so that we could both retire if we wanted. Those thresholds could go higher or lower depending on how my alts do. I've run some historic scenarios, like "sell X amount when the price goes up Y percentage," but these scenarios always end up losing out compared to just buying and holding. </quote> ... Copied to Clipboard!
AnimeGokuIAM 09/14/21 10:10:16 AM #12:	I have $90 in doge right now I used to have almost $3000, but I got paper hands and sold all of it. --- http://i31.photobucket.com/albums/c381/ShinGokuIAM/rkowindow.gif <cite>AnimeGokuIAM posted [p:958042108] in Are you in... [t:79660950]...</cite> <quote>I have $90 in doge right now I used to have almost $3000, but I got paper hands and sold all of it. </quote> ... Copied to Clipboard!
Fluttershy 09/14/21 10:10:23 AM #13:	well i've also held some eth for a bit. it was the first thing i ever bought -- i had been reading eth to 10k by end of year so i grabbed it when it was 1.4k and said okay here goes. it has since been reinvested. --- https://imgur.com/CnmWjgd <cite>Fluttershy posted [p:958042113] in Are you in... [t:79660950]...</cite> <quote>well i've also held some eth for a bit. it was the first thing i ever bought -- i had been reading eth to 10k by end of year so i grabbed it when it was 1.4k and said okay here goes. it has since been reinvested. </quote> ... Copied to Clipboard!
Squall28 09/14/21 10:27:11 AM #14:	No because I want my investments to actually generate profits. If I own Procter and Gamble stock, I own a part of their business, and get some of their profit when they sell their goods. If someone goes out and buy Tide, that's money in my pocket. They're a self-sustaining business that makes money year after year. Crypto on the other hand has value entirely dependent on people's hopes. They buy it and hope it goes up. There's no underlying business. It has the same foundation as a pyramid scheme in that it only goes up due to trying to get more people to buy into it. It only gets money from its own members. --- You can't go back and change the beginning, but you can start where you are and change the ending. -Misattributed to CS Lewis <cite>Squall28 posted [p:958042573] in Are you in... [t:79660950]...</cite> <quote>No because I want my investments to actually generate profits. If I own Procter and Gamble stock, I own a part of their business, and get some of their profit when they sell their goods. If someone goes out and buy Tide, that's money in my pocket. They're a self-sustaining business that makes money year after year. Crypto on the other hand has value entirely dependent on people's hopes. They buy it and hope it goes up. There's no underlying business. It has the same foundation as a pyramid scheme in that it only goes up due to trying to get more people to buy into it. It only gets money from its own members. </quote> ... Copied to Clipboard!
closetkpopfan 09/14/21 10:36:52 AM #15:	Squall28 posted... No because I want my investments to actually generate profits. If I own Procter and Gamble stock, I own a part of their business, and get some of their profit when they sell their goods. If someone goes out and buy Tide, that's money in my pocket. They're a self-sustaining business that makes money year after year. Crypto on the other hand has value entirely dependent on people's hopes. They buy it and hope it goes up. There's no underlying business. It has the same foundation as a pyramid scheme in that it only goes up due to trying to get more people to buy into it. It only gets money from its own members. Staking exists and generates income, and there are many places that accept cryptos as payment. Hell a country just adopted Bitcoin as legal currency, more countries will do so as things move forward. Crypto may not replace fiat, but its not going anywhere and is the future. Its not there yet and definitely is too complicated for most people to understand, but doesnt mean the tech isnt good and will do good things. Just using Cardano as an example, its goal is to essentially bank the unbanked. Think about countries in Africa with no banking or paper trails to prove ownership of land. That can all be stored on block chain and benefit millions of people who have corrupt governments and all kinds of other things going on. --- http://s1.postimage.org/fm1o7jxqn/secret.jpg http://s28.postimg.org/iyw1do0vh/Untitled.png http://s24.postimg.org/unjg0nrtx/1117615_1347687231256_full.jpg <cite>closetkpopfan posted [p:958042819] in Are you in... [t:79660950]...</cite> <quote>Squall28 posted... </cite> <quote>No because I want my investments to actually generate profits. If I own Procter and Gamble stock, I own a part of their business, and get some of their profit when they sell their goods. If someone goes out and buy Tide, that's money in my pocket. They're a self-sustaining business that makes money year after year. Crypto on the other hand has value entirely dependent on people's hopes. They buy it and hope it goes up. There's no underlying business. It has the same foundation as a pyramid scheme in that it only goes up due to trying to get more people to buy into it. It only gets money from its own members.</quote> Staking exists and generates income, and there are many places that accept cryptos as payment. Hell a country just adopted Bitcoin as legal currency, more countries will do so as things move forward. Crypto may not replace fiat, but its not going anywhere and is the future. Its not there yet and definitely is too complicated for most people to understand, but doesnt mean the tech isnt good and will do good things. Just using Cardano as an example, its goal is to essentially bank the unbanked. Think about countries in Africa with no banking or paper trails to prove ownership of land. That can all be stored on block chain and benefit millions of people who have corrupt governments and all kinds of other things going on. </quote> ... Copied to Clipboard!
pure_temper 09/14/21 10:37:05 AM #16:	Squall28 posted... No because I want my investments to actually generate profits. If I own Procter and Gamble stock, I own a part of their business, and get some of their profit when they sell their goods. If someone goes out and buy Tide, that's money in my pocket. They're a self-sustaining business that makes money year after year. Crypto on the other hand has value entirely dependent on people's hopes. They buy it and hope it goes up. There's no underlying business. It has the same foundation as a pyramid scheme in that it only goes up due to trying to get more people to buy into it. It only gets money from its own members. this is wildly factually incorrect spend more time reading about the projects --- It's obvious all religions are fundamentally true. <cite>pure_temper posted [p:958042825] in Are you in... [t:79660950]...</cite> <quote>Squall28 posted... </cite> <quote>No because I want my investments to actually generate profits. If I own Procter and Gamble stock, I own a part of their business, and get some of their profit when they sell their goods. If someone goes out and buy Tide, that's money in my pocket. They're a self-sustaining business that makes money year after year. Crypto on the other hand has value entirely dependent on people's hopes. They buy it and hope it goes up. There's no underlying business. It has the same foundation as a pyramid scheme in that it only goes up due to trying to get more people to buy into it. It only gets money from its own members.</quote> this is wildly factually incorrect spend more time reading about the projects </quote> ... Copied to Clipboard!
Squall28 09/14/21 10:42:03 AM #17:	closetkpopfan posted... Staking exists and generates income, and there are many places that accept cryptos as payment. Hell a country just adopted Bitcoin as legal currency, more countries will do so as things move forward. Crypto may not replace fiat, but its not going anywhere and is the future. Its not there yet and definitely is too complicated for most people to understand, but doesnt mean the tech isnt good and will do good things. Just using Cardano as an example, its goal is to essentially bank the unbanked. Think about countries in Africa with no banking or paper trails to prove ownership of land. That can all be stored on block chain and benefit millions of people who have corrupt governments and all kinds of other things going on. We're not talking about the same thing. I'm not talking about profits for yourself. I'm talking about profits for the business or whatever you're investing into. this is wildly factually incorrect spend more time reading about the projects Enlighten me. What is your favorite crypto project? --- You can't go back and change the beginning, but you can start where you are and change the ending. -Misattributed to CS Lewis <cite>Squall28 posted [p:958042946] in Are you in... [t:79660950]...</cite> <quote>closetkpopfan posted... </cite> <quote>Staking exists and generates income, and there are many places that accept cryptos as payment. Hell a country just adopted Bitcoin as legal currency, more countries will do so as things move forward. Crypto may not replace fiat, but its not going anywhere and is the future. Its not there yet and definitely is too complicated for most people to understand, but doesnt mean the tech isnt good and will do good things. Just using Cardano as an example, its goal is to essentially bank the unbanked. Think about countries in Africa with no banking or paper trails to prove ownership of land. That can all be stored on block chain and benefit millions of people who have corrupt governments and all kinds of other things going on.</quote> We're not talking about the same thing. I'm not talking about profits for yourself. I'm talking about profits for the business or whatever you're investing into. <quote>this is wildly factually incorrect spend more time reading about the projects</quote> Enlighten me. What is your favorite crypto project? </quote> ... Copied to Clipboard!
pure_temper 09/14/21 10:43:07 AM #18:	Squall28 posted... Enlighten me. What is your favorite crypto project? Currently that would be Filecoin or The Graph or Cosmos read their whitepapers, look at the tech demos out there of what people are building --- It's obvious all religions are fundamentally true. <cite>pure_temper posted [p:958042971] in Are you in... [t:79660950]...</cite> <quote>Squall28 posted... </cite> <quote>Enlighten me. What is your favorite crypto project?</quote> Currently that would be Filecoin or The Graph or Cosmos read their whitepapers, look at the tech demos out there of what people are building </quote> ... Copied to Clipboard!
Squall28 09/14/21 11:15:17 AM #19:	pure_temper posted... Currently that would be Filecoin or The Graph or Cosmos read their whitepapers, look at the tech demos out there of what people are building I'll admit these sound pretty interesting. Not really sure how to value this new tech though. --- You can't go back and change the beginning, but you can start where you are and change the ending. -Misattributed to CS Lewis <cite>Squall28 posted [p:958043853] in Are you in... [t:79660950]...</cite> <quote>pure_temper posted... </cite> <quote>Currently that would be Filecoin or The Graph or Cosmos read their whitepapers, look at the tech demos out there of what people are building</quote> I'll admit these sound pretty interesting. Not really sure how to value this new tech though. </quote> ... Copied to Clipboard!
dj1200 09/14/21 11:17:14 AM #20:	Yes. --- "It was so ridiculous and I have so many feelings about it." -Virtual Energies <cite>dj1200 posted [p:958043898] in Are you in... [t:79660950]...</cite> <quote>Yes. </quote> ... Copied to Clipboard!
charey 09/14/21 11:28:02 AM #21:	pure_temper posted... Currently that would be Filecoin or The Graph or Cosmos read their whitepapers, look at the tech demos out there of what people are building What happens once some bad actor starts using filecoin to store illegal files? (Using it to distribute cp for example) How can filecoin force the removal of the illegal content with no central control? --- I won't have it! I'm not having anyone talk about me in the past tense! ~Squall Leonhart <cite>charey posted [p:958044173] in Are you in... [t:79660950]...</cite> <quote>pure_temper posted... </cite> <quote>Currently that would be Filecoin or The Graph or Cosmos read their whitepapers, look at the tech demos out there of what people are building</quote>What happens once some bad actor starts using filecoin to store illegal files? (Using it to distribute cp for example) How can filecoin force the removal of the illegal content with no central control? </quote> ... Copied to Clipboard!
pure_temper 09/14/21 11:30:55 AM #22:	Squall28 posted... I'll admit these sound pretty interesting. Not really sure how to value this new tech though. They will ravage incumbent platforms. Disruption is coming. I personally am all in. charey posted... What happens once some bad actor starts using filecoin to store illegal files? (Using it to distribute cp for example) How can filecoin force the removal of the illegal content with no central control? That's not a real risk. Those technologies have already existed for a long time. People who want that shit aren't going to be hindered this way and most of the time they're not using any kind of public-facing technologies to meaningfully move the needle on their evil. It's the same as with people being afraid of money laundering, even though the data shows that's not meaningfully impacted by these technologies. You can see Coinbase's blog on it if you're interested in googling it. It's really just the case that dinosaur platforms are afraid of the coming disruption by Web 3 tech, so they'll spread nonsense to try to slow it down. --- It's obvious all religions are fundamentally true. <cite>pure_temper posted [p:958044252] in Are you in... [t:79660950]...</cite> <quote>Squall28 posted... </cite> <quote>I'll admit these sound pretty interesting. Not really sure how to value this new tech though.</quote> They will ravage incumbent platforms. Disruption is coming. I personally am all in. charey posted... </cite> <quote>What happens once some bad actor starts using filecoin to store illegal files? (Using it to distribute cp for example) How can filecoin force the removal of the illegal content with no central control?</quote> That's not a real risk. Those technologies have already existed for a long time. People who want that shit aren't going to be hindered this way and most of the time they're not using any kind of public-facing technologies to meaningfully move the needle on their evil. It's the same as with people being afraid of money laundering, even though the data shows that's not meaningfully impacted by these technologies. You can see Coinbase's blog on it if you're interested in googling it. It's really just the case that dinosaur platforms are afraid of the coming disruption by Web 3 tech, so they'll spread nonsense to try to slow it down. </quote> ... Copied to Clipboard!
MarthGoomba 09/14/21 11:36:46 AM #23:	Algorand and its ASAs are going to make me rich --- https://imgur.com/m6Rgs8D https://imgur.com/qUMZhdW https://imgur.com/LACtH6q <cite>MarthGoomba posted [p:958044405] in Are you in... [t:79660950]...</cite> <quote>Algorand and its ASAs are going to make me rich</quote> ... Copied to Clipboard!
Turtlebread 09/14/21 11:38:51 AM #24:	its boring put all my money into ETFs and just walked away --- https://imgur.com/yCW15Zn <cite>Turtlebread posted [p:958044455] in Are you in... [t:79660950]...</cite> <quote>its boring put all my money into ETFs and just walked away </quote> ... Copied to Clipboard!
Xenozoa425 09/14/21 12:00:20 PM #25:	No because dividend growth investing is more passive and rewarding over the long-term. All you do is put your money in a diverse portfolio of company stock or ETFs and watch the annual compounding unfold. There's obviously more intricacies, but you learn that as you progress. --- Truth, Freedom and Health http://www.nutritionfacts.org <cite>Xenozoa425 posted [p:958045115] in Are you in... [t:79660950]...</cite> <quote>No because dividend growth investing is more passive and rewarding over the long-term. All you do is put your money in a diverse portfolio of company stock or ETFs and watch the annual compounding unfold. There's obviously more intricacies, but you learn that as you progress. </quote> ... Copied to Clipboard!
Kingbuffet 09/14/21 12:05:35 PM #26:	Half crypto half NFTs Valued at about $43k and the market is in a dip too Cashed out nearly $120000 over my time in crypto so the i've already have a net gain I just think NFTs are more fun, also some NFTs have the power to generate more crypto passively too. <cite>Kingbuffet posted [p:958045281] in Are you in... [t:79660950]...</cite> <quote>Half crypto half NFTs Valued at about $43k and the market is in a dip too Cashed out nearly $120000 over my time in crypto so the i've already have a net gain I just think NFTs are more fun, also some NFTs have the power to generate more crypto passively too. </quote> ... Copied to Clipboard!
GuerillaGorilla 09/14/21 12:10:39 PM #27:	No because I don't know how to invest in anything. Literally if there was like "Stocks for babies" I'd look into it. --- NNID: GuerillaGorilla <cite>GuerillaGorilla posted [p:958045427] in Are you in... [t:79660950]...</cite> <quote>No because I don't know how to invest in anything. Literally if there was like "Stocks for babies" I'd look into it. </quote> ... Copied to Clipboard!
ktownslayer16 09/14/21 12:12:51 PM #28:	No. I just invest in guaranteed index funds, S&P 500, etc. As long as you're holding long term you win. --- Fire Pierre Dorion <cite>ktownslayer16 posted [p:958045478] in Are you in... [t:79660950]...</cite> <quote>No. I just invest in guaranteed index funds, S&P 500, etc. As long as you're holding long term you win. </quote> ... Copied to Clipboard!
Pepys Monster 09/14/21 12:28:32 PM #29:	I've had great success with crypto. Ironically, I could have had greater success by investing bigger. However, I get too much anxiety if I have more than $20K invested, and I feel like that could lead to issues like not sleeping, or panic selling. --- Ryzen 3700X \| Evga GTX 1070 Ti \| 16GB DDR4 3200 \| Crucial MX500 2TB <cite>Pepys Monster posted [p:958045924] in Are you in... [t:79660950]...</cite> <quote>I've had great success with crypto. Ironically, I could have had greater success by investing bigger. However, I get too much anxiety if I have more than $20K invested, and I feel like that could lead to issues like not sleeping, or panic selling. </quote> ... Copied to Clipboard!
Squall28 09/14/21 12:28:51 PM #30:	Kingbuffet posted... Half crypto half NFTs Valued at about $43k and the market is in a dip too Cashed out nearly $120000 over my time in crypto so the i've already have a net gain I just think NFTs are more fun, also some NFTs have the power to generate more crypto passively too. Out of curiosity since you believe billionaires are taking money from others and hoarding it. Where do you think that $120k came from? --- You can't go back and change the beginning, but you can start where you are and change the ending. -Misattributed to CS Lewis <cite>Squall28 posted [p:958045936] in Are you in... [t:79660950]...</cite> <quote>Kingbuffet posted... </cite> <quote>Half crypto half NFTs Valued at about $43k and the market is in a dip too Cashed out nearly $120000 over my time in crypto so the i've already have a net gain I just think NFTs are more fun, also some NFTs have the power to generate more crypto passively too.</quote> Out of curiosity since you believe billionaires are taking money from others and hoarding it. Where do you think that $120k came from? </quote> ... Copied to Clipboard!
Christian RULES 09/14/21 12:33:36 PM #31:	I would if I know the price direction. Right now its just a guessing game with 90% chance of failure --- RIP Man Fan - Nine Years Strong - https://youtu.be/O8swXwLlgAI TRUMP 2024EVER - Promises Made! Promises Kept! #MAGA <cite>Christian RULES posted [p:958046087] in Are you in... [t:79660950]...</cite> <quote>I would if I know the price direction. Right now its just a guessing game with 90% chance of failure </quote> ... Copied to Clipboard!
Pepys Monster 09/14/21 12:34:00 PM #32:	Christian RULES posted... I would if I know the price direction. Right now its just a guessing game with 90% chance of failure 50% chance of failure --- Ryzen 3700X \| Evga GTX 1070 Ti \| 16GB DDR4 3200 \| Crucial MX500 2TB <cite>Pepys Monster posted [p:958046099] in Are you in... [t:79660950]...</cite> <quote>Christian RULES posted... </cite> <quote>I would if I know the price direction. Right now its just a guessing game with 90% chance of failure</quote>50% chance of failure </quote> ... Copied to Clipboard!
closetkpopfan 09/14/21 12:39:04 PM #33:	GuerillaGorilla posted... No because I don't know how to invest in anything. Literally if there was like "Stocks for babies" I'd look into it. Coinbase account is easy, just link a card or you bank account and thats it. --- http://s1.postimage.org/fm1o7jxqn/secret.jpg http://s28.postimg.org/iyw1do0vh/Untitled.png http://s24.postimg.org/unjg0nrtx/1117615_1347687231256_full.jpg <cite>closetkpopfan posted [p:958046240] in Are you in... [t:79660950]...</cite> <quote>GuerillaGorilla posted... </cite> <quote>No because I don't know how to invest in anything. Literally if there was like "Stocks for babies" I'd look into it.</quote> Coinbase account is easy, just link a card or you bank account and thats it. </quote> ... Copied to Clipboard!
GuerillaGorilla 09/14/21 12:41:17 PM #34:	closetkpopfan posted... Coinbase account is easy, just link a card or you bank account and thats it. And Coinbase is considered a good and reputable service? --- NNID: GuerillaGorilla <cite>GuerillaGorilla posted [p:958046301] in Are you in... [t:79660950]...</cite> <quote>closetkpopfan posted... </cite> <quote>Coinbase account is easy, just link a card or you bank account and thats it.</quote>And Coinbase is considered a good and reputable service? </quote> ... Copied to Clipboard!
closetkpopfan 09/14/21 12:41:28 PM #35:	Christian RULES posted... I would if I know the price direction. Right now its just a guessing game with 90% chance of failure No one has a crystal ball, but you can look at charts and previous bull runs to compare. History does tend to repeat itself, Im pretty confident we will see some significant gains October-December. September is generally a down month for crypto, even in bull runs. --- http://s1.postimage.org/fm1o7jxqn/secret.jpg http://s28.postimg.org/iyw1do0vh/Untitled.png http://s24.postimg.org/unjg0nrtx/1117615_1347687231256_full.jpg <cite>closetkpopfan posted [p:958046307] in Are you in... [t:79660950]...</cite> <quote>Christian RULES posted... </cite> <quote>I would if I know the price direction. Right now its just a guessing game with 90% chance of failure</quote> No one has a crystal ball, but you can look at charts and previous bull runs to compare. History does tend to repeat itself, Im pretty confident we will see some significant gains October-December. September is generally a down month for crypto, even in bull runs. </quote> ... Copied to Clipboard!
Perascamin 09/14/21 12:45:51 PM #36:	Crypto isn't sustainable and everyone dipping their hand into the pot is supporting something that's not sustainable. Crypto doesn't do anything. We're driving up the prices of chips, consuming power at unprecedented rates, and creating an incredibly volatile market. You all have to recognize that this is NOT a good thing at all. Crypto was supposed to replace worldwide currency and become its own form of currency that could be used across the world freely and nearly bypass exchange rates--it has not done that. Instead it has become monopoly money. It's traded like stocks primarily for USD except for it doesn't provide any value to the world. No company benefits from "investments" in crypto. It's idiotic and seriously needs to be addressed on a global scale and become something that no nation will recognize as currency because of the adverse effects It's having on the world. Your investments in crypto aren't going to mean shit when the worldwide economy crashes to hell and the Big Correction happens because you all decided to play life with monopoly money. --- I've grown. <cite>Perascamin posted [p:958046440] in Are you in... [t:79660950]...</cite> <quote>Crypto isn't sustainable and everyone dipping their hand into the pot is supporting something that's not sustainable. Crypto doesn't do anything. We're driving up the prices of chips, consuming power at unprecedented rates, and creating an incredibly volatile market. You all have to recognize that this is NOT a good thing at all. Crypto was supposed to replace worldwide currency and become its own form of currency that could be used across the world freely and nearly bypass exchange rates--it has not done that. Instead it has become monopoly money. It's traded like stocks primarily for USD except for it doesn't provide any value to the world. No company benefits from "investments" in crypto. It's idiotic and seriously needs to be addressed on a global scale and become something that no nation will recognize as currency because of the adverse effects It's having on the world. Your investments in crypto aren't going to mean shit when the worldwide economy crashes to hell and the Big Correction happens because you all decided to play life with monopoly money. </quote> ... Copied to Clipboard!
closetkpopfan 09/14/21 12:53:34 PM #37:	Remind me of that when I retire in a few months. Better yet remind yourself of that 5-10 years from now. Crypto will see a big crash again when the bull run ends, but its not going anywhere. It will come back up and even higher in the next bull run. --- http://s1.postimage.org/fm1o7jxqn/secret.jpg http://s28.postimg.org/iyw1do0vh/Untitled.png http://s24.postimg.org/unjg0nrtx/1117615_1347687231256_full.jpg <cite>closetkpopfan posted [p:958046654] in Are you in... [t:79660950]...</cite> <quote>Remind me of that when I retire in a few months. Better yet remind yourself of that 5-10 years from now. Crypto will see a big crash again when the bull run ends, but its not going anywhere. It will come back up and even higher in the next bull run. </quote> ... Copied to Clipboard!
Perascamin 09/14/21 12:55:55 PM #39:	You're choosing to ignore the chip shortage and massive, wasteful power consumption that crypto is causing. There isn't going to be a world to live in. --- I've grown. <cite>Perascamin posted [p:958046721] in Are you in... [t:79660950]...</cite> <quote>You're choosing to ignore the chip shortage and massive, wasteful power consumption that crypto is causing. There isn't going to be a world to live in. </quote> ... Copied to Clipboard!
closetkpopfan 09/14/21 1:03:57 PM #40:	Perascamin posted... You're choosing to ignore the chip shortage and massive, wasteful power consumption that crypto is causing. There isn't going to be a world to live in. Bitcoin is trash and I agree its wasteful, but not every crypto requires mining. Bitcoin is the big daddy cause it was first, but it is far outclassed by pretty much any crypto you can think of. --- http://s1.postimage.org/fm1o7jxqn/secret.jpg http://s28.postimg.org/iyw1do0vh/Untitled.png http://s24.postimg.org/unjg0nrtx/1117615_1347687231256_full.jpg <cite>closetkpopfan posted [p:958046956] in Are you in... [t:79660950]...</cite> <quote>Perascamin posted... </cite> <quote>You're choosing to ignore the chip shortage and massive, wasteful power consumption that crypto is causing. There isn't going to be a world to live in.</quote> Bitcoin is trash and I agree its wasteful, but not every crypto requires mining. Bitcoin is the big daddy cause it was first, but it is far outclassed by pretty much any crypto you can think of. </quote> ... Copied to Clipboard!
Perascamin 09/14/21 1:07:14 PM #41:	closetkpopfan posted... Bitcoin is trash and I agree its wasteful, but not every crypto requires mining. Bitcoin is the big daddy cause it was first, but it is far outclassed by pretty much any crypto you can think of. Far out classed with the highest market cap okay lol --- I've grown. <cite>Perascamin posted [p:958047046] in Are you in... [t:79660950]...</cite> <quote>closetkpopfan posted... </cite> <quote>Bitcoin is trash and I agree its wasteful, but not every crypto requires mining. Bitcoin is the big daddy cause it was first, but it is far outclassed by pretty much any crypto you can think of.</quote>Far out classed with the highest market cap okay lol </quote> ... Copied to Clipboard!
sabrestorm 09/14/21 1:08:35 PM #42:	I would buy some crypto but I honestly dont know how --- The Truth is the Truth <cite>sabrestorm posted [p:958047083] in Are you in... [t:79660950]...</cite> <quote>I would buy some crypto but I honestly dont know how </quote> ... Copied to Clipboard!
closetkpopfan 09/14/21 1:11:11 PM #43:	Perascamin posted... Far out classed with the highest market cap okay lol In terms of technology yes. Like I said it was first and has become synonymous with crypto in general so its going to always be around. Think of it as being a 1st gen block chain. Were in like 3rd gen block chains now. --- http://s1.postimage.org/fm1o7jxqn/secret.jpg http://s28.postimg.org/iyw1do0vh/Untitled.png http://s24.postimg.org/unjg0nrtx/1117615_1347687231256_full.jpg <cite>closetkpopfan posted [p:958047152] in Are you in... [t:79660950]...</cite> <quote>Perascamin posted... </cite> <quote>Far out classed with the highest market cap okay lol</quote> In terms of technology yes. Like I said it was first and has become synonymous with crypto in general so its going to always be around. Think of it as being a 1st gen block chain. Were in like 3rd gen block chains now. </quote> ... Copied to Clipboard!
UnholyMudcrab 09/14/21 1:13:50 PM #44:	No, because it's stupid and remains stupid even if shitcoins occasionally surge and make headlines --- https://imgur.com/VeNBg https://imgur.com/gd5jC8q https://imgur.com/PKIy7 https://imgur.com/3p29JqP <cite>UnholyMudcrab posted [p:958047221] in Are you in... [t:79660950]...</cite> <quote>No, because it's stupid and remains stupid even if shitcoins occasionally surge and make headlines</quote> ... Copied to Clipboard!
apocalyptic_4 09/14/21 1:15:58 PM #45:	I have a small bit in crypto I started earlier this year and am in the positive but 90% of my savings is in stocks. I'd definitely invest more heavily in crypto if I had the money though the returns are great. After I pay my bills I invest whatever I have left into my portfolio and a few hundred in my crypto every other week. --- XBL: Mrpicardbottoms PSN: Bosh369 <cite>apocalyptic_4 posted [p:958047297] in Are you in... [t:79660950]...</cite> <quote>I have a small bit in crypto I started earlier this year and am in the positive but 90% of my savings is in stocks. I'd definitely invest more heavily in crypto if I had the money though the returns are great. After I pay my bills I invest whatever I have left into my portfolio and a few hundred in my crypto every other week. </quote> ... Copied to Clipboard!
Kingbuffet 09/14/21 1:17:23 PM #46:	you can't really blame the chip shortage on Bitcoin though, even cars are becoming more more modern and want computer chips but no one is vilifying cars. If there really was a chip shortage than that's the industry failing to meet demanding. Right now we could easily design a double chip for a single Bitcoin node in order support the high demand for Bitcoin networks IBM is ignorant as fuck <cite>Kingbuffet posted [p:958047338] in Are you in... [t:79660950]...</cite> <quote>you can't really blame the chip shortage on Bitcoin though, even cars are becoming more more modern and want computer chips but no one is vilifying cars. If there really was a chip shortage than that's the industry failing to meet demanding. Right now we could easily design a double chip for a single Bitcoin node in order support the high demand for Bitcoin networks IBM is ignorant as fuck </quote> ... Copied to Clipboard!
closetkpopfan 09/14/21 1:17:44 PM #47:	sabrestorm posted... I would but some crypto but I honestly dont know how Coinbase account is easy and straightforward. UnholyMudcrab posted... No, because it's stupid and remains stupid even if shitcoins occasionally surge and make headlines Its stupid to try and make money and achieve early retirement? I can understand if you dont believe in it, but my point was invest in something at least. Nice thing about cryptos over stocks is theyre easier IMO. Dont have to worry about open and closing, market is always open. --- http://s1.postimage.org/fm1o7jxqn/secret.jpg http://s28.postimg.org/iyw1do0vh/Untitled.png http://s24.postimg.org/unjg0nrtx/1117615_1347687231256_full.jpg <cite>closetkpopfan posted [p:958047343] in Are you in... [t:79660950]...</cite> <quote>sabrestorm posted... </cite> <quote>I would but some crypto but I honestly dont know how</quote> Coinbase account is easy and straightforward. UnholyMudcrab posted... </cite> <quote>No, because it's stupid and remains stupid even if shitcoins occasionally surge and make headlines</quote> Its stupid to try and make money and achieve early retirement? I can understand if you dont believe in it, but my point was invest in something at least. Nice thing about cryptos over stocks is theyre easier IMO. Dont have to worry about open and closing, market is always open. </quote> ... Copied to Clipboard!
g980 09/14/21 1:38:37 PM #48:	jfc anyone talking about early retirement "No no guys this get rich quick scheme that everyone has already heard about is different!" If you believe in the tech thats one thing But get a fucking grip --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:958048048] in Are you in... [t:79660950]...</cite> <quote>jfc anyone talking about early retirement "No no guys this get rich quick scheme that everyone has already heard about is different!" If you believe in the tech thats one thing But get a fucking grip</quote> ... Copied to Clipboard!
Perascamin 09/14/21 1:47:49 PM #49:	Kingbuffet posted... you can't really blame the chip shortage on Bitcoin though, even cars are becoming more more modern and want computer chips but no one is vilifying cars. If there really was a chip shortage than that's the industry failing to meet demanding. Right now we could easily design a double chip for a single Bitcoin node in order support the high demand for Bitcoin networks IBM is ignorant as fuck Yes you can. There's crypto mining farms my guy. What do you think that requires? And yeah cars are needing more silver than ever which is causing causing to compete with the crypto and medical industries. --- I've grown. <cite>Perascamin posted [p:958048334] in Are you in... [t:79660950]...</cite> <quote>Kingbuffet posted... </cite> <quote>you can't really blame the chip shortage on Bitcoin though, even cars are becoming more more modern and want computer chips but no one is vilifying cars. If there really was a chip shortage than that's the industry failing to meet demanding. Right now we could easily design a double chip for a single Bitcoin node in order support the high demand for Bitcoin networks IBM is ignorant as fuck</quote>Yes you can. There's crypto mining farms my guy. What do you think that requires? And yeah cars are needing more silver than ever which is causing causing to compete with the crypto and medical industries. </quote> ... Copied to Clipboard!
#50	Post #50 was unavailable or deleted.
closetkpopfan 09/14/21 1:52:33 PM #51:	g980 posted... jfc anyone talking about early retirement "No no guys this get rich quick scheme that everyone has already heard about is different!" If you believe in the tech thats one thing But get a fucking grip Nothing wrong with hoping for something that is otherwise unattainable working an average 9-5 job. Is it guaranteed? Definitely not, but the alternative is working until Im 60 so why the hell not try? Sounds like your the one that needs to get grip, people have been saying crypto is a scheme since Bitcoin came out and was worth fractions of a penny. No one is here advocating you throw your life savings into something, nothing that was said has been unreasonable. --- http://s1.postimage.org/fm1o7jxqn/secret.jpg http://s28.postimg.org/iyw1do0vh/Untitled.png http://s24.postimg.org/unjg0nrtx/1117615_1347687231256_full.jpg <cite>closetkpopfan posted [p:958048488] in Are you in... [t:79660950]...</cite> <quote>g980 posted... </cite> <quote>jfc anyone talking about early retirement "No no guys this get rich quick scheme that everyone has already heard about is different!" If you believe in the tech thats one thing But get a fucking grip</quote> Nothing wrong with hoping for something that is otherwise unattainable working an average 9-5 job. Is it guaranteed? Definitely not, but the alternative is working until Im 60 so why the hell not try? Sounds like your the one that needs to get grip, people have been saying crypto is a scheme since Bitcoin came out and was worth fractions of a penny. No one is here advocating you throw your life savings into something, nothing that was said has been unreasonable. </quote> ... Copied to Clipboard!
Topic List	Page List: 1, 2

Current Events > Are you investing in crypto? If not, why? (+) Yeah! (+)

Current Events > Are you investing in crypto? If not, why?