hunts_with_stick
5 year old buck +
Yeah, I agree. I am up nicely, don't know if I should buy more because its going to do meta someday or what.
Stock Market is the bottom in?
- Thread starter Peplin Creek
- Start date
BuckSutherland
5 year old buck +
Bitcoin 103,000+.... I consider this the risk barometer for the entire market.
I am such a frickin dumbass not to have bought more long ago, especially after the election. I was fully convinced it was easily going to 100k after Trump win and I pouted cause I cant buy straight bitcoin on Schwab. Don't want anything to do with Coinbase or these other sites. I only have a few thousand dollars in Grayscale Bitcoin Trust ETF through Schwab. I should have a whole lot more. I think bitcoin is gonna be around a long time.
Its gonna go up, and its gonna go down. Sometime after today its gonna be worth a lot more than 103,000. I was thinking of buying again today under 100,000 but went and bought a Ruger 10 22 instead.
I am such a frickin dumbass not to have bought more long ago, especially after the election. I was fully convinced it was easily going to 100k after Trump win and I pouted cause I cant buy straight bitcoin on Schwab. Don't want anything to do with Coinbase or these other sites. I only have a few thousand dollars in Grayscale Bitcoin Trust ETF through Schwab. I should have a whole lot more. I think bitcoin is gonna be around a long time.
Its gonna go up, and its gonna go down. Sometime after today its gonna be worth a lot more than 103,000. I was thinking of buying again today under 100,000 but went and bought a Ruger 10 22 instead.
Hoytvectrix
5 year old buck +
Let it hang out there and actually own BTC. Not your keys, not your coin. Compare gains and losses of BTC to the ETFs and you'll see what I mean.
I would stay away from grayscale. A few years ago they were underwater when everyone else was even because they got greedy. There are better ETFs to use, especially if your transaction fees are low. This should only be an option if you are wanting exposure to BTC without wanting to learn about the technology.
I think it is here to stay. The more people that own BTC the less likely it will go away. As more countries adopt it as a currency, it should only become more scarce and stable.
I would stay away from grayscale. A few years ago they were underwater when everyone else was even because they got greedy. There are better ETFs to use, especially if your transaction fees are low. This should only be an option if you are wanting exposure to BTC without wanting to learn about the technology.
I think it is here to stay. The more people that own BTC the less likely it will go away. As more countries adopt it as a currency, it should only become more scarce and stable.
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Hoytvectrix
5 year old buck +
Bitcoin would have been going up regardless of who won the Whitehouse or Congress. Look at the past halvening cycles. This was going to happen eventually. As it became twice as difficult to mine the same amount of Bitcoin, it became twice as valuable for the Bitcoin already mined. Both Trump and Harris campaigns started courting crypto people in October. Major investment funds have been bought in on at least BTC since 2020. I don't think that's going to change anytime soon.
hunts_with_stick
5 year old buck +
I bought coinbase when it went down to $42. I sold some, wish I would have bought more and never sold.....
bwoods11
5 year old buck +
I was going to buy Coinbase, because of the exposure to Bitcoin and it was actually profitable, and had good cash on hand ! Talked myself out of it !
jsasker007
5 year old buck +
Quantum computing companies are going up pretty good since the election. QUBT,QBTS,RGTI just to name a few. I think most of the market is still just reacting to HYPE. jmo MSTR looks to be one that can make a large and quick profit if timed properly. HUGE price swings lately and they are buying up as much bitcoin as they can manage.
jsasker007
5 year old buck +
Markets on fire today!
BuckSutherland
5 year old buck +
Apple= $250
Costco= $1,005
Amazon= $231
Tesla= $413
Google= $195
Bitcoin= $100,600
QQQ= $528
SPY= $607
I think Apple, Costco, Amazon, Tesla and Google all hit all time highs today. Tesla is the only one left. The others already made ATH.
Costco= $1,005
Amazon= $231
Tesla= $413
Google= $195
Bitcoin= $100,600
QQQ= $528
SPY= $607
I think Apple, Costco, Amazon, Tesla and Google all hit all time highs today. Tesla is the only one left. The others already made ATH.
Telemark
5 year old buck +
Selling these today.
Hoytvectrix
5 year old buck +
For those of you that are making these numerous transactions, are you using a software to track your transactions for tax purposes?
jsasker007
5 year old buck +
I just transfer my information to turbo tax and it does the governments raping.
Bowsnbucks
5 year old buck +
Ridin' the wave. Also liking some dividend payers for passive income - plus the chance of more growth long-term. We have a Costco a few miles away, and it's always like an ant farm there. Constant traffic.
Foggy47
5 year old buck +
If you trade via a Schwab account, your gain's and loss's are all computed for you and summarized whenever you want. Pretty easy actually. Also projects, income and tax estimates.
Telemark
5 year old buck +
Spreadsheet in Excell. But that's also for tracking the statistics of my day trading.
BuckSutherland
5 year old buck +
Tesla = $417.00+
New ATH and looking like it wants more yet today. According to TrendSpider on X Elon Musk is now the first person to cross $400 billion net worth. I hope that asshole Bill Gates is still short TSLA. Big mistake on my part sinking money into shithole Lucid and not adding to my Tesla position back in 2021. Tesla is so much more than electric cars and I don't think many people realize it.
New ATH and looking like it wants more yet today. According to TrendSpider on X Elon Musk is now the first person to cross $400 billion net worth. I hope that asshole Bill Gates is still short TSLA. Big mistake on my part sinking money into shithole Lucid and not adding to my Tesla position back in 2021. Tesla is so much more than electric cars and I don't think many people realize it.
PatinPA
5 year old buck +
Haha I just sold most of mine. Hoping it dips in a few days when people are cashing in again and I'll rebuy it. I just couldn't pass up an 88% profit. Did the same with crowdstrike.
SD51555
5 year old buck +
The stock theatre is quite robust right now. Context is important. The market has not held valuations this high for very long, ever. I'm not predicting a crash. I have been predicting a crash since 2009 that still isn't here.
Anyway, there is no more profit now than there was last year. Valuations are just blowing up. Costco is trading at a 60 PE, and they have 5% revenue growth. That probably means they're sales are falling 7-10% YOY after adjusting for inflation. Lots of dogshit is headed for the moon, including lots of random crypto. The hawk tuah broad screwed stupid people with money to the tune of $490 million dollars schilling a meme crypto. That is the sign that peak exuberance (stupid) is here. And if you're wondering, yes she is.
www.bbc.com
There is no fear and no reason or rationale. I'm not calling the top, but I'm not buying either.
Anyway, there is no more profit now than there was last year. Valuations are just blowing up. Costco is trading at a 60 PE, and they have 5% revenue growth. That probably means they're sales are falling 7-10% YOY after adjusting for inflation. Lots of dogshit is headed for the moon, including lots of random crypto. The hawk tuah broad screwed stupid people with money to the tune of $490 million dollars schilling a meme crypto. That is the sign that peak exuberance (stupid) is here. And if you're wondering, yes she is.
Hawk Tuah girl: Online star faces crypto coin criticism
Haliey Welch's "Hawk" digital coin shot up in price then lost 95% of its value just hours after it launched.
www.bbc.com
There is no fear and no reason or rationale. I'm not calling the top, but I'm not buying either.
