OT: Stock trading | Page 115 | The Boneyard

OT: Stock trading

Two good WSJ articles this morning (yah, I'm a dinosaur that still reads that rag). One was on the VC pouring into tech and new social media aps driving valuations to unseen heights, much of it with minimal due diligence. The other article was on Credit Suisse and their exposure to Archegos which grew to.......wait for it.......$20B. They didn't have the systems in place to track aggregate exposure while that lunatic piled on leveraged bets. What's scary to me is that suggests we still have systemic risks in the global financial network that we don't understand very well.

I guess none of this should be all that surprising given the liquidity available. Will be interesting for sure.
 
New ETF launched that I just bought DAPP. Focus on digital transformation. I looked up the index components and think it is nice long term potential.
 
turned on 'Clown News Becoming Common' ie, cnbc, this am, and it seems archegos is a hot topic again.
post #3348 here:
'and no, it's not 'contained' yet.'
imagine that.
pro tip: iffn it ain't rick santelli or art cashin, u'll learn more from the adult swim channel than that 'oprah joins the view gang to talk high finance' network. is archegos like the ltcm or bear/lehman dynamic? i have no idea. do you?
fun fact. as ww1 wore on, more and more inter-nation agreements, regardless of the public announcements associated with such, were only privately 'done deals' after the obligatory suitcases filled with gold were delivered. no one believed or trusted anyone else. 'trust' is just so much gossamer.
yesterday, ny's mta announced that they reasonably expect subway ridership to reach 90% of pre-covid levels ... in 2025. the global 'back to normal? as if. it's a whole new world. buckle up, and bet accordingly. or not. whatever.
 
Chin Diesel said:
At a price below $1.30 pummeling is less of a risk.

There has to be companies who will make a kling in recycling and reclaiming rare metals required for future counting needs.

One thing the 'rona and confronting China and Russia have shown is US has major weakness in securing our own domestic supply chain.
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ABysMaL going to the moon! Finally making me money.
 
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Chainlink will melt faces. More and more are starting to understand. Never stop accumulating.

"blockchain has its limitations. These systems are inherently closed off from the rest of the world, which is good for security and integrity but also limits the input data they can accept.

Thus, there is a need for a sort of bridge that can help these systems see what is happening in the outside world. But in order for the system to work, the input cannot come from a single source. Why? Because it would then rely on a centralized source of data, which goes against the very nature of blockchain.

Chainlink is a decentralized oracle network that is poised to play an important role in the real-world implementation of blockchain technologies. The purpose of this network is to provide input on a variety of external sources of data.

Although blockchain is great at what it does — providing a decentralized, secure ledger for digital transactions — it isn’t so great at taking input for things happening outside the blockchain. There are many “off-chain” forces that influence markets, including fiat currencies, credit cards and even the weather and sports scores. As a decentralized oracle, Chainlink can provide input to what’s known as smart contracts."

finance.yahoo.com

What Is Chainlink and Why Is It Important in the World of Cryptocurrency?

Blockchain has seen a staggering rise in popularity since Bitcoin, the first cryptocurrency, launched in 2010. Blockchain has a number of advantages, including decentralization and security. The...
finance.yahoo.com finance.yahoo.com
 
Jay-Bone said:
ABysMaL going to the moon! Finally making me money.
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I'm holding it for a bit so I'm not freaking out over one day gains or loses (for now).

That being said when it was at $1.68 earlier on the day it was fun to watch.
 
Matrim55 said:
Crypto is all on sale this morning.
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I remain wary of severe regulation coming down on it.

What do people think of Enjin? If I go further in, I think the focus may be on the NFT space.
 
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For those that want a set it and forget it option in Crypto, I think VET is a great choice. Posession of VET allows the holder to produce the tokens gas VTHO. VTHO is what fuels the services VET provides. It's analogous to a dividend in stocks.

VET will be (and is) an early adopter in supply chain. There is a big DHL conference in June and an imminent coinbase listing for some short term catalysts as well. VET and LINK people.
 
Zionn said:
Love me some LINK & VET. Does anyone stake their VET? if so, any added info. would be helpful.
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Not staking yet but I intend to. I will likely get VETs dedicated wallet and get it off binance. But if you are on binance they take a monthly snapshot and you dont need to do anything. VTHO will just appear for you.

I am going to trade this volotily a bit and build the position, but once the dust settles I'm staking.
 
Whither safe moon?

Is this another trash coin? Or something legit?
 
XLCenterFan said:
I just can't bring myself to buy into the evil empires of the Amazons or Walmarts. I'm actually hoping for them to get broken up...maybe go bust and disappear. I know it won't happen, but a guy can dream.
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I say that about the social media companies
 
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Zionn said:
Scam IMO - not to say you can't work it, but staying away from this and DOGE
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sold my doge but if it goes lower I'll buy back in as a lotto ticket. Instead of safemoon I bought shib lol
 
StllH8L8ner said:
Another good day my friends. @Chin Diesel
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Yeah. I'm not in it for a life changing position. I'm still learning and trying to see if the stuff I look for in value and growth stocks plays out on the real world.

With ABML it's in an industry that has to explode over next 50 years. Recycling precious metals for battery powered equipment is going to be more efficient than mining the earth and refining raw material on to usable rare metals. Recycling existing processed metals used for the same technology has to work financially eventually.
Not sure if ABML is the play but I'm looking for ETF' or funds which are focused on this moreso than generic technology or innovation funds or ETF's.
 
Gutter King said:
For those that want a set it and forget it option in Crypto, I think VET is a great choice. Posession of VET allows the holder to produce the tokens gas VTHO. VTHO is what fuels the services VET provides. It's analogous to a dividend in stocks.

VET will be (and is) an early adopter in supply chain. There is a big DHL conference in June and an imminent coinbase listing for some short term catalysts as well. VET and LINK people.
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I was trading it when it was VEN. Showing my age.
 
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SKLZ - mobile gaming company. Cathie Woods bought in heavily this past week.
 
Does anyone have any recommendations for the platforms and the process for investing in something like Vechain? The platforms I use don’t offer it.
Is it legal in the US? I know you can trade it on Binance and KuCoin, but is it not allowed to trade in the US?
 
RayIsTheGOAT said:
Does anyone have any recommendations for the platforms and the process for investing in something like Vechain? The platforms I use don’t offer it.
Is it legal in the US? I know you can trade it on Binance and KuCoin, but is it not allowed to trade in the US?
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Binance.us you can trade it. Also check into the VeThor wallet you should be able to fund that and buy through it. If you holding it that is probably your best bet.
 
RayIsTheGOAT said:
Does anyone have any recommendations for the platforms and the process for investing in something like Vechain? The platforms I use don’t offer it.
Is it legal in the US? I know you can trade it on Binance and KuCoin, but is it not allowed to trade in the US?
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VET can be purchased on crypto.com
 
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