OT: Stock trading

[uconntoatl]

XRP brutal news

 

[the Q]

XRP brutal news

I’m curious what crypto shouldn’t be considered a security.

They seemingly pass the Howey test.

But maybe that just means it needs to be upgraded

 

[StllH8L8ner]

Apple is getting involved in everything

People will be lining up for an iCar in a few years.

 

[UConnSwag11]

XRP brutal news

Didn’t they already have this settled years ago?

 

[tentoes4rings]

Didn’t they already have this settled years ago?

I just dumped my remaining XRP and put it into LINK. Wish I had taken Scot-es advice to diversity into ETH and Litecoin as well months ago.

 

[uconntoatl]

I just dumped my remaining XRP and put it into LINK. Wish I had taken Scot-es advice to diversity into ETH and Litecoin as well months ago.

Link is and will continue to be the Beastmaster. #3 spot is wide open for the taking. Cardano making waves with new partnerships and Zilliqa is crushing!

 

[Jaker]

CLDR, get in before this thing moons, trust me.

 

[Caronimo]

XRP brutal news

Could be meaningless and it’s only limited to the US. Is the SEC just finding its annual whipping boy? KIN popping off on the news. I’m on Hbar and own some KIN. Crypto is anyone’s guess but bitcoin seems to be a blue chip investment

 

[tentoes4rings]

CLDR, get in before this thing moons, trust me.

I’ve seen the name for a while and always wondered why it’s so cheap. It still only trades at less than 6 x sales. Looks to have had a 5 month phase of building a base before recent breakout. Stocks that do that, like Shopify, generally have a larger breakout. Probably worth grabbing 100 or so and hope for a lot more out of this.

 

[HooperScooper]

Anyone own LMND? I like the long term play of upsetting the old stodgy insurance industry, and it's a huge market, but don't know much about the company or its leaders.

 

[methodology]

Today might be a good day to buy UVXY to hedge things if theres a market pullback

 

[UConnSwag11]

Could be meaningless and it’s only limited to the US. Is the SEC just finding its annual whipping boy? KIN popping off on the news. I’m on Hbar and own some KIN. Crypto is anyone’s guess but bitcoin seems to be a blue chip investment

Bitcoin has become everything it started out to not be. It is not accepted and used by banks, large corporations and looked to the government for regulation. It isn’t private/anonymous like people state. For some reason XRP is continually in the crosshairs even though they apparently are used by major institutions or supposed to be. I thought they settled this XRP stuff a few years ago?

 

[UConnSwag11]

$MVIS

 

[UConnSwag11]

Going to add to more $OCEAN, $KIN, $VET, $ZAP, $TEL, $ADA

 

[UConnSwag11]

U.S. approves NYSE listing plan to cut out Wall Street middlemen

Companies can raise capital on the New York Stock Exchange through direct listings, without losing gains if their stock pops or forking out hefty fees to Wall Street banks, which typically underwrite such capital raisings, the U.S. securities regulator said on Tuesday.

www.reuters.com

 

[Giddyup5]

Thanks again for everyone’s input. Is it just me or would other people be equally interested in what positions you are selling/trading?

 

[tentoes4rings]

Grabbed a little $MWK premarket. Has been a hot small cap stock only trading at 2 x sales. Worth a small investment in my opinion.

 

[UConnSwag11]

Getting in on FUBO before it takes off

 

[tiger8mush]

i 1000% appreciate all the tips, but holy cow i'm swimming in a different pond cuz 10 shares a week is about all i can afford lol so i gotta choose like 1 stock a week to play with

 

[tentoes4rings]

Getting in on FUBO before it takes off

It’s already gone from 20 to 60 in a heartbeat before today’s downgrade. Good luck.

 

[Slasher]

What's everyone's general rules when taking profits? This is probably what I struggle with the most (and the tax implications thereof.) For example, I probably should have sold QS after just 12 or 13 days since it was up nearly 100%, but I didn't and now I'm up (only) 78%.

 

[Brochacho]

Wondering how the 'Yard feels about DMYD. I'm not a huge fan of SPACs. But I really believe in this company's future - basically the big data behind online sports betting. Up 40% in 3.5 weeks - but as I said, SPACs scare me.

 

[UConnSwag11]

It’s already gone from 20 to 60 in a heartbeat before today’s downgrade. Good luck.

Yes, but that’s still cheap to what it will be

 

[tentoes4rings]

What's everyone's general rules when taking profits? This is probably what I struggle with the most (and the tax implications thereof.) For example, I probably should have sold QS after just 12 or 13 days since it was up nearly 100%, but I didn't and now I'm up (only) 78%.

This is where I always struggle as well. I’ve had so many smaller stocks that if I’d just taken profits I’d be up a lot more but then others I took profits on or sold half or 2/3 like FUBO and they ran like crazy afterwards. If it’s a name you believe in I’d advocate selling maybe half the shares after a set profit amount you’re happy with. Let’s say you’re up $1000 and can still roll with the other half for example. Or if you have so much profit in a stock that you can take your investment out and just play with house money, that’s ideal.

 

[Slasher]

This is where I always struggle as well. I’ve had so many smaller stocks that if I’d just taken profits I’d be up a lot more but then others I took profits on or sold half or 2/3 like FUBO and they ran like crazy afterwards. If it’s a name you believe in I’d advocate selling maybe half the shares after a set profit amount you’re happy with. Let’s say you’re up $1000 and can still roll with the other half for example. Or if you have so much profit in a stock that you can take your investment out and just play with house money, that’s ideal.

Interesting thought and I like it. I tend to be an all or nothing type person and maybe that's a mistake. I can't think of a single time I didn't sell every share when I was ready. I do add to a total regularly, but I've never sold just some of my shares.