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godsquadgeek

godsquadgeek

Member
I have a little of everything in my portfolio, however, I do recommed something new. called cryptocurrency.

or crypto's. this is today's performance of these below tickers

Untitled.png

in last fifteen minutes, TRX went up from 45% to 85%

as long as you have good networks to alert you when you are oversold, your in the money. I am plus 100% in last month.
right now, the above coins is what i am trading. best to hold a little in each.

not bitcoin cash and not ethereum. just to top three.

available on binance.com, if computer site crashes get the app on your phone. buy market when alot of buyers happening.

when finding ticker on binance, you have to find TRX, or XRP, or ICX. teh above tickers in the picture are the tickers you use to find on blog called stocktwits. a forum like this but about investing.

This is not investment advice, as I have lost a lot even on crypto's I advise contacting a professional if you are not able to risk the amount you wish to deposit. But nothing above should be taken as advice, since I am not a registered investment professional. I do have several friends who are becoming rich on crypto's I thought i would start a thread to see where it goes.
 
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kiwidan said:
I dont trust anything.
Click to expand...
look at it this way, if you gamble for fun. Say 500$ on the roulet table. The odds are much better just puttin that money in crypto's. Even if it's a lottery ticket. Or a lotto ticket. Instead of throwing away cash at a known defeat. You can make some money at least. crypto's are in a bubble right now, as investors are leaving stocks and bonds in droves and going to crypto's. One friend has made 10's of thousands of dollars in last few months, another friend only in for a month, has made 1100%, yes that is 1000 percent. I who am not very good, made a hundred percent.
 
I understand a lot about M1 and M2 monies...even M3 money.

Powerball tickets would pay better than gambling on crypto currency.
And actually researching a stock sector would be a better use of time. If you gotta read dry and boring stuff at least make it profitable. IBD and WSJ and then MS500 is the only way to start the day. Then you get to the really boring stuff.

I'd never ever play with crypto currency. I barely play with Euro's...and they are more acceptable but really really Shakey ever since the Greece thing.
 
Try selling a cyrpto currency and see what happens to the 'profit'..........
Has anyone ever explained why these people are willing to take what they refer to as worthless dollars in return for a currency that exists only on a computer and can be created on a whim?
 
well like I said, tron one cryto is up 159 percent since yesterday, so many investors flocking in that it's crashing the servers. So I like your skepticism, less load on the servers. lol.
 
Tulip mania
From Wikipedia, the free encyclopedia
"Tulip fever" redirects here. For the film set during the period of tulip mania, see Tulip Fever.


A tulip, known as "the Viceroy" (viseroij), displayed in the 1637 Dutch catalog Verzameling van een Meenigte Tulipaanen. Its bulb was offered for sale between 3,000 and 4,200 guilders (florins) depending on size (aase). A skilled craftsworker at the time earned about 300 guilders a year.[1]
Tulip mania (Dutch: tulpenmanie) was a period in the Dutch Golden Age during which contract prices for some bulbs of the recently introduced and fashionable tulip reached extraordinarily high levels and then dramatically collapsed in February 1637.[2] It is generally considered the first recorded speculative bubble;[3] although some researchers have noted that the Kipper und Wipper (literally Tipper and See-saw) episode in 1619–1622, a Europe-wide chain of debasement of the metal content of coins to fund warfare, featured mania-like similarities to a bubble.[4] In many ways, the tulip mania was more of a hitherto unknown socio-economic phenomenon than a significant economic crisis. And historically, it had no critical influence on the prosperity of the Dutch Republic, the world's leading economic and financial power in the 17th century. The term "tulip mania" is now often used metaphorically to refer to any large economic bubble when asset prices deviate from intrinsic values.[5]

In Europe, formal futures markets appeared in the Dutch Republic during the 17th century. Among the most notable centered on the tulip market, at the height of tulip mania.[6][7] At the peak of tulip mania, in February 1637, some single tulip bulbs sold for more than 10 times the annual income of a skilled craftsworker. Research is difficult because of the limited economic data from the 1630s — much of which come from biased and speculative sources.[8][9] Some modern economists have proposed rational explanations, rather than a speculative mania, for the rise and fall in prices. For example, other flowers, such as the hyacinth, also had high initial prices at the time of their introduction, which immediately fell. The high asset prices may also have been driven by expectations of a parliamentary decree that contracts could be voided for a small cost—thus lowering the risk to buyers.

The 1637 event was popularized in 1841 by the book Extraordinary Popular Delusions and the Madness of Crowds, written by British journalist Charles Mackay. At one point 12 acres (5 ha) of land were offered for a Semper Augustus bulb.[10] Mackay claims that many such investors were ruined by the fall in prices, and Dutch commerce suffered a severe shock. Although Mackay's book is a classic, his account is contested. Many modern scholars feel that the mania was not as extraordinary as Mackay described and argue that not enough price data are available to prove that a tulip bulb bubble actually occurred.[11][12][13]
wiki


Dutch Tulip Bulb Market Bubble

DEFINITION of 'Dutch Tulip Bulb Market Bubble'
The Dutch tulip bulb market bubble is to this day one of the most famous market bubbles of all time, as well as a cautionary tale. It occurred in Holland during the early 1600s when speculation drove the value of tulip bulbs to extremes. At the height of the market, the rarest tulip bulbs traded for as much as six times the average person's annual salary.



BREAKING DOWN 'Dutch Tulip Bulb Market Bubble'
The tulip was brought to Europe in the middle of the sixteenth century from the Ottoman Empire. Holland's upper classes soon competed for the rarest bulbs as tulips became a status symbol.

By 1636, tulip bulbs were traded on the stock exchanges of numerous Dutch towns and cities, encouraging all members of society to speculate in the markets. Many people traded or sold possessions, including properties, to participate in the tulip market mania. Like any bubble, it all came to an end in 1637, when prices dropped and panic selling began. Bulbs were soon trading at a fraction of what they once had, leaving many people in financial ruin.

The obsession with tulips — referred to as "Tulipmania" — has captured public imagination for generations and been the subject of several books including a novel called "Tulip Fever" by Deborah Moggach which was made into a movie in 2017.
https://www.investopedia.com/terms/d/dutch_tulip_bulb_market_bubble.asp
 
civilwarbuff said:
Tulip mania
From Wikipedia, the free encyclopedia
"Tulip fever" redirects here. For the film set during the period of tulip mania, see Tulip Fever.


A tulip, known as "the Viceroy" (viseroij), displayed in the 1637 Dutch catalog Verzameling van een Meenigte Tulipaanen. Its bulb was offered for sale between 3,000 and 4,200 guilders (florins) depending on size (aase). A skilled craftsworker at the time earned about 300 guilders a year.[1]
Tulip mania (Dutch: tulpenmanie) was a period in the Dutch Golden Age during which contract prices for some bulbs of the recently introduced and fashionable tulip reached extraordinarily high levels and then dramatically collapsed in February 1637.[2] It is generally considered the first recorded speculative bubble;[3] although some researchers have noted that the Kipper und Wipper (literally Tipper and See-saw) episode in 1619–1622, a Europe-wide chain of debasement of the metal content of coins to fund warfare, featured mania-like similarities to a bubble.[4] In many ways, the tulip mania was more of a hitherto unknown socio-economic phenomenon than a significant economic crisis. And historically, it had no critical influence on the prosperity of the Dutch Republic, the world's leading economic and financial power in the 17th century. The term "tulip mania" is now often used metaphorically to refer to any large economic bubble when asset prices deviate from intrinsic values.[5]

In Europe, formal futures markets appeared in the Dutch Republic during the 17th century. Among the most notable centered on the tulip market, at the height of tulip mania.[6][7] At the peak of tulip mania, in February 1637, some single tulip bulbs sold for more than 10 times the annual income of a skilled craftsworker. Research is difficult because of the limited economic data from the 1630s — much of which come from biased and speculative sources.[8][9] Some modern economists have proposed rational explanations, rather than a speculative mania, for the rise and fall in prices. For example, other flowers, such as the hyacinth, also had high initial prices at the time of their introduction, which immediately fell. The high asset prices may also have been driven by expectations of a parliamentary decree that contracts could be voided for a small cost—thus lowering the risk to buyers.

The 1637 event was popularized in 1841 by the book Extraordinary Popular Delusions and the Madness of Crowds, written by British journalist Charles Mackay. At one point 12 acres (5 ha) of land were offered for a Semper Augustus bulb.[10] Mackay claims that many such investors were ruined by the fall in prices, and Dutch commerce suffered a severe shock. Although Mackay's book is a classic, his account is contested. Many modern scholars feel that the mania was not as extraordinary as Mackay described and argue that not enough price data are available to prove that a tulip bulb bubble actually occurred.[11][12][13]
wiki


Dutch Tulip Bulb Market Bubble

DEFINITION of 'Dutch Tulip Bulb Market Bubble'
The Dutch tulip bulb market bubble is to this day one of the most famous market bubbles of all time, as well as a cautionary tale. It occurred in Holland during the early 1600s when speculation drove the value of tulip bulbs to extremes. At the height of the market, the rarest tulip bulbs traded for as much as six times the average person's annual salary.



BREAKING DOWN 'Dutch Tulip Bulb Market Bubble'
The tulip was brought to Europe in the middle of the sixteenth century from the Ottoman Empire. Holland's upper classes soon competed for the rarest bulbs as tulips became a status symbol.

By 1636, tulip bulbs were traded on the stock exchanges of numerous Dutch towns and cities, encouraging all members of society to speculate in the markets. Many people traded or sold possessions, including properties, to participate in the tulip market mania. Like any bubble, it all came to an end in 1637, when prices dropped and panic selling began. Bulbs were soon trading at a fraction of what they once had, leaving many people in financial ruin.

The obsession with tulips — referred to as "Tulipmania" — has captured public imagination for generations and been the subject of several books including a novel called "Tulip Fever" by Deborah Moggach which was made into a movie in 2017.
https://www.investopedia.com/terms/d/dutch_tulip_bulb_market_bubble.asp
Click to expand...
It's one thing to run up the price on a eBay auction for something that you can use because if you get caught with it you can use it...it's another thing altogether to run up the price on something that you cannot (nor anyone else) use.
 
I can only speak for myself and others, I am up 108 percent last time I checked in a month. I don't hold for more than a day to 3 days at a time, just for fears of dropping, but friends that have held, have made four to ten times what I have made. On the other hand options I have tied before, and I will never again. Thats way too risky!
 
JohnDB said:
It's one thing to run up the price on a eBay auction for something that you can use because if you get caught with it you can use it...it's another thing altogether to run up the price on something that you cannot (nor anyone else) use.
Click to expand...
if you are talking about crypto's oh, they are very usefull. Tron just got contracts with gaming setups popping the price over 150 percent over night.
 
JohnDB said:
But again...I don't play those kind of games.
Click to expand...
Or buy food.

In order for this to be practical, it would have to be allowed by the major powers of money worldwide.bitcoin isn't centrally regulated .it can be flooded aND debased to.
 
jasonc said:
Or buy food.

In order for this to be practical, it would have to be allowed by the major powers of money worldwide.bitcoin isn't centrally regulated .it can be flooded aND debased to.
Click to expand...
A medium of exchange must be widely accepted in order for it to have value.

It's like trying to use Rias from Brazil or Shekels from Israel in America. It doesn't work.

And considering that these currencies are susceptible to a 13 year old kid being "funny" I want nothing to do with them.
 
JohnDB said:
A medium of exchange must be widely accepted in order for it to have value.

It's like trying to use Rias from Brazil or Shekels from Israel in America. It doesn't work.

And considering that these currencies are susceptible to a 13 year old kid being "funny" I want nothing to do with them.
Click to expand...
That's false, value does not have to widely accepted. In fact if it is widely accepted it's overvalued.
 
JohnDB said:
A medium of exchange must be widely accepted in order for it to have value.

It's like trying to use Rias from Brazil or Shekels from Israel in America. It doesn't work.

And considering that these currencies are susceptible to a 13 year old kid being "funny" I want nothing to do with them.
Click to expand...
Our current "cashless"society can be hacked on our current system.all those apps,pay pal can be hit
 
jasonc said:
Gold,then is overvalued?
Click to expand...
Gold isn't widely accepted, gold is typically inverse to the dollar which is high because of trump. Gold is overvalued on medium term. Dollar update: It's hit a resistance level, so it's a key level next few weeks for good or bad in gold. I would wait to see what dollar does if it goes up from here, gold takes a dive.
 
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godsquadgeek said:
Gold isn't widely accepted, gold is typically inverse to the dollar which is high because of trump. Gold is undervalued but I have not checked last few weeks.
Click to expand...
Gold.isnt?odd,look up.treasure coast ,aND these doubloon,real.a doubloon is worth about 50 graND .I'm sure I could fetch a buyer all over
 
civilwarbuff said:
When walmart starts taking crypto currency then it is time to take notice.......
Click to expand...
When a cryptocurrency crashes,or the exchanges are hacked,subject to ponzi schemes.which country will press charges,pay the victims to.recover losses ?
It has no practical backing .It can be based on metal.
 
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