It's scary enough to hold a dollar in my hand worring if it will soon be worthless muchless owning bitcoin which might disappear when I turn my computer off.
It's scary enough to hold a dollar in my hand worring if it will soon be worthless muchless owning bitcoin which might disappear when I turn my computer off.
It wasn't too long ago, that the fear of Bitcoin was much more common. But now that so many investment firms like Blackrock, Fidelity, JP Morgan, and a long list of others are offering Bitcoin investing, it's definitely becoming Mainstream. It's been here since 2009, and is here to stay.
So were .Com stocks and Enron. I don't mean to sound ignorant (and may be invested in them and don't know it) but if I lost 200 grand, that would be more than a significant affect to my world!
Tough one on the market today. But could be a good time for buying? :-)
Tough Week for sure.
Funny enough, in futures all you had to do was hit the short button when it approached lines of support/trend lines..
This one made me laugh, had 2 micros short at the time. For about 30 seconds. Every once in a while the timing is perfect on the trade, this was one of those times
have also been trading the "h pattern" with some real success, it works fast on NQ futures, but I've seen it in other stocks too (Tesla for example) the higher the time frame the more $ you make.
With mnq I'm just trying to short it till it hits the previous low and then the trade is over. However the official word on it is you can use it for an entry. I haven't done that yet, but will start looking for it on regular stocks..
My plan is to buy some more BIO today in the low 5s (now, I already have way too many that I’m holding long term). This will be some of my short term buy and sell in the 7s by hopefully end of year.
Interesting articles in the financial press lately on the drop in Bitcoin and other ether currencies. And not just online niche publishers, but Deutsche Bank and others. Major reasons being cited are, yes, some profit taking. But also waning interest from institutional investing, lack of Clarity (Clarity Act) and that "normal" investors have been able to easily invest in it with all the ETF's etc. and therefore it is more exposed to "normal" market influences like investors that jump in with all the hype, but then get cold feet and bail out. I am in the latter group. I know what Proctor and Gamble do. I know their products, stuff that everyone uses every day. I can follow their financial reports. I know what the banks do. Especially large Canadian banks that have a stellar track record and always make money. None of my investments have ever dropped over the long term. Short term, yes, whenever I followed the hype and tried to get rich quick. Luckily I never invested more than a "Boat Buck" and didn't lose a lot. Yep, I'm a broken record.
NIO time to buy was in lower 5s, the other day. I actually think it may go down a bit today. I was hoping they'd stick to the 150k in sales for the 4th quarter and now they are looking to break even for 4Q, not profit. Long term will still be great. Gonna be a bit bumpy the next few months though. If it happens to dip around 5ish or possibly below, I'll buy more. It just helps lower my average
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Dream 'Inn III -- 2008 400 Express
Funny enough, in futures all you had to do was hit the short button when it approached lines of support/trend lines..
This one made me laugh, had 2 micros short at the time. For about 30 seconds. Every once in a while the timing is perfect on the trade, this was one of those times
With mnq I'm just trying to short it till it hits the previous low and then the trade is over. However the official word on it is you can use it for an entry. I haven't done that yet, but will start looking for it on regular stocks..
Here's more about the h https://bullishbears.com/h-pattern/
Dream 'Inn III -- 2008 400 Express
Dream 'Inn III -- 2008 400 Express
Dream 'Inn III -- 2008 400 Express
Is it worth buying ONE? maybe.. but at this point who knows, I see people talking about it because a private BTC..
Hmmm, you probably just found the next red thing in my portfolio.. but maybe this time it's different? :P
Yep, I'm a broken record.
2018 Cherokee 39RL Land Yacht (Sorry...)
Hmmm wish I had some cash to throw in.
Dream 'Inn III -- 2008 400 Express
I tried to buy some zcash, but robinhood doesnt have it.. what a pain -