OT: Stock trading

[Scot-e]

My guess is that you can't buy that crypto on your trading platform.

Try the platform uphold, coinbase, and I think you can buy it on robinhood as well.

Coinbase is very easy to use and set up. 10 minutes.

 

[tentoes4rings]

haha told ya I'm a newbie Thanks!

Okay ... so next dumb question ... Ya'll are talking about ETH (Ethereum) ... it's showing up as Ethan Allen

Haha. Wouldn’t it be funny if Ethan Allen stock shot through the roof as people thought they were buying Ethereum. XRP is red hot, up to 54 cents from 30 only a couple days ago.

 

[UConnSwag11]

Potential. Big data analytics is the future. But the real selling point is the leadership. It’s is like the who’s who of tech capitalists; Cohen, Theil, Carp.

Like $FSLY?

 

[uconntoatl]

Link up 22% on the week
Ethereum up 33% on the week
Cardano up 58% on the week
Xrp up 103% on the week.

Hope you're holding bags

 

[uconntoatl]

 

[Road2Six]

View attachment 61650

I wish I understood what all of that meant. Service agreement requests? External adapters? Can someone help me understand crypto I really want to know

 

[uconntoatl]

I wish I understood what all of that meant. Service agreement requests? External adapters? Can someone help me understand crypto I really want to know

Just type into YouTube what is chainlink and let your journey begin

 

[Scot-e]

I'll translate. Company is not fully operational and yet has a strong value even at this stage in its development. Once the company starts interacting in a meaningful way- there is a good chance for further appreciation in the price.

 

[tiger8mush]

Coinbase is very easy to use and set up. 10 minutes.

Coinbase requires a cell phone, I'm the last adult on earth w/o a cell phone
Uphold was super easy to sign up for, but had issues linking my bank account, and wouldn't let me add a credit card for some reason.
So 3rd time's a charm ... signed up with Robinhood. Linked the same bank account that uphold had issues with, and purchased a share of ETH and a few shares of LTC. Unfortunately they don't allow purchases of XRP. I'll retry with Uphold later to see if I can get some XRP.

Thanks for the help guys!

 

[Scot-e]

Coinbase requires a cell phone, I'm the last adult on earth w/o a cell phone
Uphold was super easy to sign up for, but had issues linking my bank account, and wouldn't let me add a credit card for some reason.
So 3rd time's a charm ... signed up with Robinhood. Linked the same bank account that uphold had issues with, and purchased a share of ETH and a few shares of LTC. Unfortunately they don't allow purchases of XRP. I'll retry with Uphold later to see if I can get some XRP.

Thanks for the help guys!

I believe if you chose NOT to have two factor security you can still sign up for Coinbase- I might be wrong- anyone?
XRP is on a rip- prob be able to buy in at some point if it corrects a little before continuing to run. We have been waiting for a protracted bull market and this could be it - if not there should be some times where market corrects and allows a little lower entry point on some projects- however it might keep running. Best thing to do is nibble on them over time so you can DCA any fluctuations if you want to play it safe.

 

[tentoes4rings]

CRNC keeps running. Grabbed some more yesterday on pull back. Plenty of room left to run.

 

[huskyinfl]

Not crypto but I've been riding MMEDF from .34 cents in Sept.

 

[Nebraskan18]

I like TSLA as a rental. Hoping to see it get up to $600

 

[the Q]

The market is ridiculous today.

Still think we get a small sell off tomorrow becuase traders won’t want to hold over the holiday.


But it’s overinflated so much that it barely matters.

 

[tentoes4rings]

The market is ridiculous today.

Still think we get a small sell off tomorrow becuase traders won’t want to hold over the holiday.


But it’s overinflated so much that it barely matters.

I think it’s one of those misleading days though. Indexes are up big but a lot of my stocks are down. Glad I hedged tech with airlines, Carnival and JPM recently.

 

[the Q]

I think it’s one of those misleading days though. Indexes are up big but a lot of my stocks are down. Glad I hedged tech with airlines, Carnival and JPM recently.

Everything in my portfolio is up besides Pfizer

 

[HuskyHawk]

Everything in my portfolio is up besides Pfizer

FUV is down big. Glad I sold yesterday and locked in my 130% gains. Not bad for about 6 weeks.

I may start taking profits, but I'm already holding a lot of cash and interest rates aren't making anything else appealing. Ultimately I think that's the basis of this run, there is no place for money to go. Nobody starting small businesses right now either, it's equities or hold cash. Commodities may make some sense.

 

[Tenspro2002]

I think it’s one of those misleading days though. Indexes are up big but a lot of my stocks are down. Glad I hedged tech with airlines, Carnival and JPM recently.

I sold LUV, CCL, and C on Friday. I feel sick.

 

[the Q]

FUV is down big. Glad I sold yesterday and locked in my 130% gains. Not bad for about 6 weeks.

I may start taking profits, but I'm already holding a lot of cash and interest rates aren't making anything else appealing. Ultimately I think that's the basis of this run, there is no place for money to go. Nobody starting small businesses right now either, it's equities or hold cash. Commodities may make some sense.

Yeah I have one huge loss I bought right before the plague hit (MAC) that could cover most of my gains in my brokerage account

I may do that and hold some big time cash for what should be at least another small dip with some lockdowns coming

 

[tentoes4rings]

Yeah I have one huge loss I bought right before the plague hit (MAC) that could cover most of my gains in my brokerage account

I may do that and hold some big time cash for what should be at least another small dip with some lockdowns coming

I think the expected lockdowns are already factored into the market as it typically looks out 6 months or greater. I think money will remain in the market but bounce around between sectors. I’ll look for opportunities to rebalance my portfolio to be at least 30% recovery and the rest tech. Right now it’s probably 85/15.

 

[the Q]

I think the expected lockdowns are already factored into the market as it typically looks out 6 months or greater. I think money will remain in the market but bounce around between sectors. I’ll look for opportunities to rebalance my portfolio to be at least 30% recovery and the rest tech. Right now it’s probably 85/15.

There’s no way it’s already factored in when we’re getting into the pre plague numbers again

 

[DaveHuskiesFan]

We started discussing this in another thread so I decided to start a new thread. Would love to know what sectors and stocks people are in, with successes and if you want to share, bad trades or holds. My brief story below:

Traded a lot from 99-01 but volatility of Dot Com Market collapse forced me out with a decent profit. Fast forward19 years, I dove back in at the bottom in March. Had some success trading Comcast the first week, got caught in a bad trade with Citrix. Had an initial wishlist of NFLX, DOCU, Roku and Comcast. Didn’t pull the trigger quickly enough and watched most run away. Roku and Gartner I’ve been in and out of but just can’t seem to win on them. Two big winners have been DocuSign and Five Nine Inc (FIVN). I’m out now except for a small position in DocuSign, as I expect tech stocks to sell off soon and want to be ready to buy on dip.

Stocks Im looking at adding:
MSFT
AMZN
FB
ROKU
TWLO
FIVN
BX (Blackstone)
Tesla
OKTA
PENN
Walmart
CCL (Carnival)
IT (Gartner)

Hope someone took your advice. This portfolio (equal weight of each) would be up 74.8% since May 8th. Total market is up 27.21 from that same date so you outperformed the significantly.

 

[tentoes4rings]

There’s no way it’s already factored in when we’re getting into the pre plague numbers again

Well what’s the market doing? It’s telling you otherwise. In March there was absolute uncertainty and that fear caused historic havoc. With three vaccines in the pipeline I think investors are looking past how bad the next few months could potentially be, with immense optimism about Q2 and beyond. The market will tell us who’s right.

 

[tentoes4rings]

Hope someone took your advice. This portfolio (equal weight of each) would be up 74.8% since May 8th. Total market is up 27.21 from that same date so you outperformed the significantly.

Ha, thanks. Of course I shifted considerably from that list, adding and subtracting along the way. Happy to say it lead to better gains than that list thanks to overweighting on Docu, timing TSLA well and a few other moves. I enjoy sharing names with each other, I’ve learned about some good names from the board.

 

[the Q]

Well what’s the market doing? It’s telling you otherwise. In March there was absolute uncertainty and that fear caused historic havoc. With three vaccines in the pipeline I think investors are looking past how bad the next few months could potentially be, with immense optimism about Q2 and beyond. The market will tell us who’s right.

I’m just saying that it’s been irrationally climbing forever months with zero justification. If there’s another lock down it’s likely going down again, but I said it wouldn’t be match bad again