OT: Stock trading

[Da_Aisijimo_Gou]

I bought some ARKK and some ARKW.

Added some ARKK back and more DAPP near today's lows. EDIT: And, more COIN at 249 AH.

 

[HuskyHawk]

Added some ARKK back and more DAPP near today's lows. EDIT: And, more COIN at 249 AH.

I was up on ARKK earlier in the day, but it closed way down again. Big tech did well. Microsoft, Amazon, Apple.

 

[Chin Diesel]

AMC had a fun run today. Was up more than 30% and finished 23.75%.

 

[Mots010]

MATIC having a run today.

 

[HuskyHawk]

My portfolio is very happy today. Have probably erased most of my losses from earlier in the week.

 

[HuskyHawk]

MATIC having a run today.

Should have bought more than the 1000 I bought a few days ago.

 

[Mots010]

Should have bought more than the 1000 I bought a few days ago.

I put a few hundred in at .79, but definitely wish I did more. MATIC seems to be taking advantage of the higher gas fees on Ethereum. This is where my lack of Ethereum knowledge hurts me. My understanding is MATIC is complimentary to Ethereum with it's L2 scaling solutions, but I do have concerns with Ethereum's scalability when a few meme coins jack up their fees. Perhaps some of these ETH upgrades will address some of this, but it's hard to unpack. I am way out of my element, but the gains in this stuff are ridiculous.

 

[ZackB05]

Anybody know anything about HOGE? I see some of the barstool personalities pumping it. Seems like a long shot (like many of the others) but may be a fun gamble.

 

[HuskyCLT]

Anybody know anything about HOGE? I see some of the barstool personalities pumping it. Seems like a long shot (like many of the others) but may be a fun gamble.

Looks like another pump & dump meme coin. Exactly what you said, a gamble. It worked well for DOGE but buyer beware!

 

[uconntoatl]

I put a few hundred in at .79, but definitely wish I did more. MATIC seems to be taking advantage of the higher gas fees on Ethereum. This is where my lack of Ethereum knowledge hurts me. My understanding is MATIC is complimentary to Ethereum with it's L2 scaling solutions, but I do have concerns with Ethereum's scalability when a few meme coins jack up their fees. Perhaps some of these ETH upgrades will address some of this, but it's hard to unpack. I am way out of my element, but the gains in this stuff are ridiculous.

You're going to make it.

 

[uconntoatl]

Sergey coming with the heat starting at the 30 minute mark.

"This is the internet coming for the financial industry period."

 

[Jay-Bone]

Musk the matador. Sticking an estoque in the bull run.

 

[B1GEast]

Yuge correction going on for crypto. Yikes

 

[Da_Aisijimo_Gou]

Musk the matador. Sticking an estoque in the bull run.

Kudos on highlighting the estoque. Perhaps not the SEC which clearly does not regulate crypto (yet), but at some point tweets and the like by "Musk the matador" will likely be reeled in or verboten. Thanks Elon for AMRK's ATH today.

Separate topic, but holy scheiße current crypto app fees are ficken autobahn robbery. NFW, some current crypto app, much higher capitalized securities brokerage, or other newer highly secure apps, entities, etc don't take an estoque to crypto fees in the US. Additionally, that's not even referencing tax-deferred/IRA crypto accounts.

2nd tangent, researching better known crypto apps it's interesting to discover some would prompt multiple alarm flags if any considered listing in many US and other western securities exchanges. Sort-of Malta or Cayman headquartered, mainland China leadership, purportedly questionable AML/KYO scrutiny by some apps, etc. SF-based Kraken appears to be an exception.

 

[Jay-Bone]

Kudos on highlighting the estoque. Perhaps not the SEC which clearly does not regulate crypto (yet), but at some point tweets and the like by "Musk the matador" will likely be reeled in or verboten. Thanks Elon for AMRK's ATH today.

Separate topic, but holy scheiße current crypto app fees are ficken autobahn robbery. NFW, some current crypto app, much higher capitalized securities brokerage, or other newer highly secure apps, entities, etc don't take an estoque to crypto fees in the US. Additionally, that's not even referencing tax-deferred/IRA crypto accounts.

2nd tangent, researching better known crypto apps it's interesting to discover some would prompt multiple alarm flags if any considered listing in many US and other western securities exchanges. Sort-of Malta or Cayman headquartered, mainland China leadership, purportedly questionable AML/KYO scrutiny by some apps, etc. SF-based Kraken appears to be an exception.

Not only did he dump crypto, TSLA is also dumping because all of his followers have turned on him.

 

[Da_Aisijimo_Gou]

Not only did he dump crypto, TSLA is also dumping because all of his followers have turned on him.

Musk dumping on figuratively and dumping crypto himself, plus TSLA corporate reportedly jettisonning BTC

 

[UConnSwag11]

Tesla is a horrible company. He relies on government subsidies and they barely turn a profit

 

[uconntoatl]

Don't let Elon distract you. Stay focused. We go live May 28th. Things will change forever #link
Its too risky not to hold link

 

[uconntoatl]

It's time to bend the knee. Paxos is powered by chainlink oracles.

Bank of America joins Paxos's blockchain-based settlement network for equities

Bank of America, the second-largest bank in the U.S., has joined Paxos's blockchain-based settlement network for equities.

www.theblockcrypto.com

 

[HuskyHawk]

It's time to bend the knee. Paxos is powered by chainlink oracles.

Bank of America joins Paxos's blockchain-based settlement network for equities

Bank of America, the second-largest bank in the U.S., has joined Paxos's blockchain-based settlement network for equities.

www.theblockcrypto.com

And LINK is way down.

 

[uconntoatl]

And LINK is way down.

Short term price action is irrelevant

 

[HuskyHawk]

Short term price action is irrelevant

Well not really. Volatility is always relevant. But my suggestion was that it presents a buying opportunity if you are long LINK.

 

[UConnSwag11]

Well not really. Volatility is always relevant. But my suggestion was that it presents a buying opportunity if you are long LINK.

Yeah. I’m over BTC. Going into other coins now. I’ll add link and DOT here and there but focusing on the cheaper projects. Going to put profits or invest into usdc on Celsius.

Probably going look back into the stock market and invest in more metal companies and dividend stocks

 

[uconntoatl]

Well not really. Volatility is always relevant. But my suggestion was that it presents a buying opportunity if you are long LINK.

I agree that it depends on your investment strategy, but I think the general sentiment with strong crypto projects is that they are all long-term plays. A couple of months after I got started investing in 2017, Ethereum skyrocketed to 1400, then I watched it drop all the way back to $80. If only I could acquire more at the price, as now it is a distant dream that Ethereum will ever go below 4 digits again. So I guess that's what I mean if you believe in a project and understand the complexities of it you will buy all the pullbacks (agreed).

 

[HuskyHawk]

I agree that it depends on your investment strategy, but I think the general sentiment with strong crypto projects is that they are all long-term plays. A couple of months after I got started investing in 2017, Ethereum skyrocketed to 1400, then I watched it drop all the way back to $80. If only I could acquire more at the price, as now it is a distant dream that Ethereum will ever go below 4 digits again. So I guess that's what I mean if you believe in a project and understand the complexities of it you will buy all the pullbacks (agreed).

The real question is, are they crypto are are the securities? Meaning are these exchanges trading securities that are not properly registered with the SEC. There is a very good chance that the answer is yes. BTC is different.