OT: Stock trading | Page 149 | The Boneyard

OT: Stock trading

By the way, is anyone else tired of the stock market and almost ready to liquidate to buy crypto pullbacks? I have a stock trading account separate from my 401K. I’m worn out by earnings, COVID news, inflation, you name it.
 
tentoes4rings said:
By the way, is anyone else tired of the stock market and almost ready to liquidate to buy crypto pullbacks? I have a stock trading account separate from my 401K. I’m worn out by earnings, COVID news, inflation, you name it.
Expand ...

The though crossed my mind. It would be a ballsy move, but buying 1 million shares ar .0015 and hodling for a few years to sell at 1.50 would make you very wealthy.

If you read my previous posts, I didn't believe in that many alt coins, but there are just too many people fueling the market to ignore it.

When crypto went from 1 to 3 trillion in a short period of time, I changed my mind.
 
tentoes4rings said:
By the way, is anyone else tired of the stock market and almost ready to liquidate to buy crypto pullbacks? I have a stock trading account separate from my 401K. I’m worn out by earnings, COVID news, inflation, you name it.
Expand ...

I just want to make more money to I can buy both lol
 
tentoes4rings said:
By the way, is anyone else tired of the stock market and almost ready to liquidate to buy crypto pullbacks? I have a stock trading account separate from my 401K. I’m worn out by earnings, COVID news, inflation, you name it.
Expand ...

That’s mostly all I focus on now. Crypto is still so relatively early in its adoption and there’s so much money to be made. There’s so many new sectors evolving on blockchain like metaverse, NFT’s etc. That and you can tinker with it on nights and weekends.
 
tentoes4rings said:
By the way, is anyone else tired of the stock market and almost ready to liquidate to buy crypto pullbacks? I have a stock trading account separate from my 401K. I’m worn out by earnings, COVID news, inflation, you name it.
Expand ...
Play puts. A guy I know is sitting on 50% cash for when the market crashes he can buy. Still plenty of money to be made but like you said it's tiring with all the BS.

Crypto should be going on a run soon but you never know.
 
.-.
UConnSwag11 said:
Play puts. A guy I know is sitting on 50% cash for when the market crashes he can buy. Still plenty of money to be made but like you said it's tiring with all the BS.

Crypto should be going on a run soon but you never know.
Expand ...
This is the best way to do it, but you can get stuck sitting in cash for a while
 
the Q said:
This is the best way to do it, but you can get stuck sitting in cash for a while
Expand ...
Yeah. He said he might be early but he’s rather be early than late
 
UConnSwag11 said:
Yeah. He said he might be early but he’s rather be early than late
Expand ...

I just a story on cnbc that said it was more efficient to wait for the big drops (as compared to dollar cost averaging).

that’s how the rich do it
 
UConnSwag11 said:
Play puts. A guy I know is sitting on 50% cash for when the market crashes he can buy. Still plenty of money to be made but like you said it's tiring with all the BS.

Crypto should be going on a run soon but you never know.
Expand ...
Why not short the market now? Cover when it hits bottom and go long when things are cheap again.
 
UConnSwag11 said:
Play puts. A guy I know is sitting on 50% cash for when the market crashes he can buy. Still plenty of money to be made but like you said it's tiring with all the BS.

Crypto should be going on a run soon but you never know.
Expand ...
The only people that make money on puts are the people that write them and sell them.
 
.-.
Jaker said:
With the volatility, hope everyone has tight stop losses set up.
Expand ...
Sold out of stocks Wednesday thankfully. I think crypto was about to go on a big run but huge stock losses spread to that as well. I think at times we’ve seen people leave tech stocks and go into crypto but when people are losing big money on stocks, unfortunately crypto takes the hit too. Here’s hoping both stabilize early next week.
 
Ok seriously where can I buy nano? Everywhere google says they can when I look them up, seems to not have it.
 
.-.
UCPharma11 said:
agreed looked awfully cheap still in the 30s to mid 30s before vs ATH and look at it now
Expand ...

Yeah I def bought more lol
 
the Q said:
Yeah I def bought more lol
Expand ...
I give you and the marines credit, I’ve lost hope in this project. Focused more on MATIC, AVAX, SOL, ETH. Everyone talks about LINK’s massive potential but 53 to 19 while plenty of others made ATHs seems to be a bit of a red flag. It’s almost the same price as it was in July, 2020.
 
Like to get everyones feelings about Physical platinum with respect to gold or silver. I like the contrarian play here personally. Curious what others think or know going forward in the next 5-10 years. Ive heard hydrogen fuel cell adoption could make this huge but not sure how likely hydrogen fuel cell cars to really be adopted in us vs electric.
 
Jaker said:
With the volatility, hope everyone has tight stop losses set up.
Expand ...

Nope. Haven't sold anything. Just riding it. My sense is that this is both the usual seasonal profit taking and a reaction to Omicron. Yet my sense is that Omicron may be a gift. There are indications that it is less virulent than Delta. So if it replaces Delta, that's a huge win.
 
UCPharma11 said:
Like to get everyones feelings about Physical platinum with respect to gold or silver. I like the contrarian play here personally. Curious what others think or know going forward in the next 5-10 years. Ive heard hydrogen fuel cell adoption could make this huge but not sure how likely hydrogen fuel cell cars to really be adopted in us vs electric.
Expand ...
I’m in the tech sector and have been in the fuel cells business before. I personally do not invest in hydrogen…it’s go too much working against it, it just takes too much energy to produce, then liquify it and keep it in that form. Metal hydrides haven’t really advanced much either. It’s a little bit like the HD DVD vs. Blue Ray battle 15 years ago. Battery EVs have won and will only get better
 
.-.
Hurleyman216 said:
I’m in the tech sector and have been in the fuel cells business before. I personally do not invest in hydrogen…it’s go too much working against it, it just takes too much energy to produce, then liquify it and keep it in that form. Metal hydrides haven’t really advanced much either. It’s a little bit like the HD DVD vs. Blue Ray battle 15 years ago. Battery EVs have won and will only get better
Expand ...
fwiw, the former CEO of Scania is building the first new steel mill in Europe in decades in Sweden near the Arctic Circle. It will be powered by liquid hydrogen.
www.cnbc.com

Sweden will soon be home to a major steel factory powered by the 'world's largest green hydrogen plant'

The iron and steel sector has a significant environmental footprint.
www.cnbc.com www.cnbc.com
 
UCPharma11 said:
What would everyones contrarian plays be right now, if we could each contribute one?
Expand ...

Altria, as theyre in an unfavorable market, but they’re well run and they already have a major interest in weed. And plenty of cash or liquid assets to generate cash, on hand.
 
storrsroars said:
fwiw, the former CEO of Scania is building the first new steel mill in Europe in decades in Sweden near the Arctic Circle. It will be powered by liquid hydrogen.
www.cnbc.com

Sweden will soon be home to a major steel factory powered by the 'world's largest green hydrogen plant'

The iron and steel sector has a significant environmental footprint.
www.cnbc.com www.cnbc.com
Expand ...

Yeah, I think that’s viable. Cars…it’s too hard and honestly, dangerous. Honda was the one company that tried to make it work.

Nice bounce back today. Even Fauci, who likely cautions people against walking across the street said there is some data suggesting Omicron is less virulent. For him to say that out loud, even with caveats, suggests there is something to it. If it bears out, it goes from “oh no, a horrible vaccine evading variant!” to “Thank God, a less harmful variant that can replace Delta”.
 
I think we may be side ways until the new year. Omicron is a nothing burger, market will probably wait and see if BBB plan fails to pass.
 
New to the board and crypto...

What are the pros for crypto long-term?

What would be the reason crypto fails long-term?
 
.-.
You must log in or register to reply here.

Forum statistics

Threads
168,379
Messages
4,569,344
Members
10,475
Latest member
Tunwin22


Top Bottom