Investing General Discussion

Il_Duce Lightning Lord Rule

Lightning Fast
<Charitable Administrator>
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As we all know nothing is guaranteed but that fact of never below the 50w line would be a trigger for me to buy calls. But other than ETFs on bitcoin I don’t really know how to do that directly and I have no desire to try and do so on some shady platform outside of IKBR/Fidelity
MSTR is a decent but not perfect proxy for leveraged BTC.
 

Sanrith Descartes

Its all the Joos' fault. Am I doing this right?
<Gold Donor>
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I think it's both. I also saw an infographic thing recently (so 100% accurate!) that says boomers have like 40% of the wealth of the US still.

I also think that the gold and silver increases lately are because the price (really the markets) for these 2 have been heavily manipulated for a loooong time. Oil as well. Now the methods of manipulation are failing and prices are rising on these types of commodities/assets across the board. I think it's going to be a bumpy road to get there, but we get $10K gold, $100 silver, and $200K BTC within 18 months.

Also check out copper and platinum and some of the rare earths for trading opportunities.
I looked it up. Intarwebs is saying its still 51% for boomer wealth.
 
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Jysin

Bronze Baronet of the Realm
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Still think it’s time to exit crypto?
I’m not a big crypto investor, nor have I ever said head for the exits. I make my money comfortably in equities. No need for the risk. That said, Bitcoin has had some technical setups that I respect. Its adoption is too big to ignore. But I have simply traded it as a swing opportunity as a technical setup like any other momentum stock. My last trade was the $75-80 range and sold 110-120.

I don’t see any big conviction setup here. Wake me up when it convincingly breaks the 125 triple top.

Alt coins and margin led to this weekend’s bloodbath. Bitcoin was a (albeit quick) simple correction in the scheme of things.
 
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Fucker

Log Wizard
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G3BSajObwAIcJZG.jpg
 
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