Non Footy Chat Thread II

[hindy111]

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

Hundred? I will throws thousands. I was thinking 5k.

 

[hindy111]

Get on Gary Coin. It will be worth squillions soon.

The men are talking business

f**k of

 

[Avenger]

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.

HBar too. They are the bridge for adoption.

 

[strider]

Hundred? I will throws thousands. I was thinking 5k.

just be aware that cryptos have traditionally moved in cycles .... it goes on a big run, then drops off like a muthaf**ker .... its expected to go on a bit of a run now (already started mid july - after a reasonable drop in may) but will probably have a big drop off at the end of this year or early next year

if you don't want to be trading ups and downs and are prepared to just put the money in and let it ride for years, you have to accept it can crash down for a while and not obsess over it

 

[Twizzle]

 

[strider]

what if you buy a dildo shaped like a gun?

 

[Twizzle]

 

[Ron Jeremy]

Get on Gary Coin. It will be worth squillions soon.

Not based on speculation you have been talking shit on message boards

 

[Ron Jeremy]

just be aware that cryptos have traditionally moved in cycles .... it goes on a big run, then drops off like a muthaf**ker .... its expected to go on a bit of a run now (already started mid july - after a reasonable drop in may) but will probably have a big drop off at the end of this year or early next year

if you don't want to be trading ups and downs and are prepared to just put the money in and let it ride for years, you have to accept it can crash down for a while and not obsess over it

Yep, like to add, that the worst thing you can do is sell when the price is going down, if anything thats when you should be buying more.

 

[Poupou Escobar]

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.

Marketing hype generates demand. That's why crypto holders all want to talk about it. They want others to buy the same shit they're holding so the price goes up.

So the price doesn't increase due to improved performance of some underlying business, it just goes up because more merkins are trying to buy it.

 

[Incorrect]

Yep, like to add, that the worst thing you can do is sell when the price is going down, if anything thats when you should be buying more.

So buy low, sell high....

I think you might be on to something....

 

[Ron Jeremy]

Marketing hype generates demand. That's why crypto holders all want to talk about it. They want others to buy the same shit they're holding so the price goes up.

So the price doesn't increase due to improved performance of some underlying business, it just goes up because more merkins are trying to buy it.

That's like anything, shares or whatever, it isn't specifically exclusive to just Crypto.

You really don't trade do you...

So buy low, sell high....

I think you might be on to something....

Well formula I go buy, unsure what you do, but the comment was based on the fact that don't be deterred whether selling is going on, perhaps buy more.

 

[Gary Gutful]

Not based on speculation you have been talking shit on message boards

That’s not speculation.

 

[Gary Gutful]

That's like anything, shares or whatever, it isn't specifically exclusive to just Crypto.

Not true. It’s a far greater factor with Crypto.

 

[Ron Jeremy]

Not true. It’s a far greater factor with Crypto.

No way, visit hotcopper one day.

I will say this, with crypto you now have more potential traders on your side.

I also think if you are getting your advice from reddit etc then you probably have missed the boat or be careful it may turn into a pump and dump

 

[Gary Gutful]

No way, visit hotcopper one day.

I will say this, with crypto you now have more potential traders on your side.

I also think if you are getting your advice from reddit etc then you probably have missed the boat or be careful it may turn into a pump and dump

Hot Copper sounds like one of those B Grade G@y Porn films that you watch.

 

[Twizzle]

Hot Copper sounds like one of those B Grade G@y Porn films that you watch.

*starred in

 

[hindy111]

Marketing hype generates demand. That's why crypto holders all want to talk about it. They want others to buy the same shit they're holding so the price goes up.

So the price doesn't increase due to improved performance of some underlying business, it just goes up because more merkins are trying to buy it.

I knew guys who would buy shares year ago. And all their group would get on forums and promote these shares and talk them up. Hope enough bought and price goes up then dump them.
I don't think Avenger is that smart or sneaky enough to be doing this.Seems more like a genuine man's man who would want to help his friends out. But then again I do notnknow him personaly.........

 

[Poupou Escobar]

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

How about the fact that owning shares in the company generates income without needing to speculate on the asset price?

 

[Poupou Escobar]

just be aware that cryptos have traditionally moved in cycles .... it goes on a big run, then drops off like a muthaf**ker .... its expected to go on a bit of a run now (already started mid july - after a reasonable drop in may) but will probably have a big drop off at the end of this year or early next year

if you don't want to be trading ups and downs and are prepared to just put the money in and let it ride for years, you have to accept it can crash down for a while and not obsess over it

And meanwhile that money isn't doing anything else for you. No rent, no dividends, just imaginary earnings that aren't real until you sell. Like gold, also a shit asset.