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Non Footy Chat Thread II

Ron Jeremy

Coach
Messages
25,700
Why would I lie?
Not a financial advice but OMI my homies.
They already have some of the biggest licenses like Marvel.
Once they get Pokémon on board 100x easily 🚀 🚀 🚀.

yeah have been holding this one for quite a while actually. Totally agree.

really do think harmony one, reserve rights RSR there will be big things from too.

half of the crypto I have I have forgotten about, crypto to me is long term so not going to bother with selling for atleast 3-5 years
 

Ron Jeremy

Coach
Messages
25,700
Matic, Cardona, ripple, harmony one, reserve rights and possibly doge I probably won’t be selling for many years, I have about a dozen others, but those mainly are the ones with a long term outlook on.

always on the look out for more, but f**king hard atm working 7 days a week running 3 businesses, a child, and looking after my mother’s late estate.
 

Ron Jeremy

Coach
Messages
25,700
Going to throw this one out there, QOIN this could go either way, another will be contra coin, no a few people quite successful backing these two hard. These are probably two were I’ve gone with due to those investing as opposed as too what it’s all about. Not the greatest strategy, but prepared to loose the money based on those who have invested in it as opposed to what it can offer, similar to doge.
 

hindy111

Post Whore
Messages
64,818
What confuses me is this
All these different crypto currencies are popping up daily. So what determines what ones is worth and how does another just be created? If the amount is endless then the value is what Exactly? It is almost like its all made up to me.
 

Ron Jeremy

Coach
Messages
25,700
What confuses me is this
All these different crypto currencies are popping up daily. So what determines what ones is worth and how does another just be created? If the amount is endless then the value is what Exactly? It is almost like its all made up to me.

many things, could be technology, a more efficient trading platform, emission sensitive anything. I see it more like investing in an exploration company trying to find something ie gas. Why does the share price rise on gas without even hitting any extractable gas?. I also look at the trading system as a whole, and an evolution of how it work, and as such many are trying to find the right coins to provide to the world, so at the moment we are in the early stages of trading reform with plenty of shit flicked against the wall with some sticking and some not.
 

Ron Jeremy

Coach
Messages
25,700
Also
What confuses me is this
All these different crypto currencies are popping up daily. So what determines what ones is worth and how does another just be created? If the amount is endless then the value is what Exactly? It is almost like its all made up to me.
with worry like anything it depends a lot on market cap, supply and demand of the coins etc that determine the price, no different to your general asx trading.
 

hindy111

Post Whore
Messages
64,818
many things, could be technology, a more efficient trading platform, emission sensitive anything. I see it more like investing in an exploration company trying to find something ie gas. Why does the share price rise on gas without even hitting any extractable gas?. I also look at the trading system as a whole, and an evolution of how it work, and as such many are trying to find the right coins to provide to the world, so at the moment we are in the early stages of trading reform with plenty of shit flicked against the wall with some sticking and some not.

Gas if found is worth something tho.
Where are these coins is what I an asking
 

hindy111

Post Whore
Messages
64,818
Also

with worry like anything it depends a lot on market cap, supply and demand of the coins etc that determine the price, no different to your general asx trading.

That's not true tho.

Most shares are based on companies performance along with supply and demand. Like steel for example. I'm open to buying crypto but unsure how it works tbh
 

Ron Jeremy

Coach
Messages
25,700
Gas if found is worth something tho.
Where are these coins is what I an asking

yes true, but the price rises on hype, speculation etc. generally from my experiences they sell on the good news, many investors have already there money before they either find or don’t find anything.

have a read of this, value really is perspective. Why determines gold? Who values gold? Some value it more then others and that’s reflective.

 

Ron Jeremy

Coach
Messages
25,700
That's not true tho.

Most shares are based on companies performance along with supply and demand. Like steel for example. I'm open to buying crypto but unsure how it works tbh

plenty of good companies out there with shitty share prices. Share price is not a true reflection sometimes of how a company is performing.

what’s a good company
 

Ron Jeremy

Coach
Messages
25,700
Do you think bhp is a good company? It’s one of the biggest if not the biggest mining company in the world, yet if you invested in it 10, 11 years ago and you wanted to cash out you would be pretty much be walking away with what you invested. All that for being one of the biggest mining companies in the world.
 

hindy111

Post Whore
Messages
64,818
Why are they good, I just have an example of bhp

I am not into shares. But it is a company where people work and something is made and sold. A product.

I am trying to get my head around crypto. Who is working and what is being produced? This is that part I can't understand.
Can I start my own crypto?
 

Ron Jeremy

Coach
Messages
25,700
I am not into shares. But it is a company where people work and something is made and sold. A product.

I am trying to get my head around crypto. Who is working and what is being produced? This is that part I can't understand.
Can I start my own crypto?

honestly mate just throw a few hundred in about 5 crypto stocks and look away for a few years.

unsure what the criteria is probably, I mean anyone can start there own company
 
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