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bitcoin

Sept. 23, 2021, 5:07 p.m.
Posts: 12807
Joined: Jan. 27, 2003

Posted by: heckler

meh. VTI, same price as a month ago and also months ago. Still +34% in YTD 2021 and +102.5% in 5 years. Still $2.70 US per share dividend. Don't listen to the news, they're just trying to drive up trading fees.

And, it's also only 25% of my "foolproofness", even though it owns 3980 diversified stocks, currently riding it out at 25.9% of asset allocation, since selling a significant chunk to rebalance to bonds.

Even emerging markets VEE, which is mostly China in it's 5235 stocks, dropped from $39.50 to $38. but still sitting at +19% since buying.... Yawwwnnn.....

New, Schmews. Buy and hold. Buy more till your dividends are juicy and hope the world ends quickly in a ball of fire if FO is right.

serious though, Evergrand defaults and goes tits up, someone else takes their place in the index. meh.

I don't pay much attention to news about crypto either. They love to tell us when it crashes but are pretty quiet about the recoveries.

I could see the fallout from evergrande not spreading too far as well.

Despite making some bad decisions with shitcoins I'm still up 100% over the last six months (for now) Being the idiot I am i converted everything into Cardano. Signs are still bullish longterm and I get about 15 coins (at current price) per month for staking which is fun.

Hindsight fallacy incoming...if I had just gone all in on cardano from the beginning I'd be making almost an extra paycheque per month in passive income. D'oh

As for ball of fire I don't think it'll be that dramatic. I'm just expecting to starve to death.


 Last edited by: Fast-Orange on Sept. 23, 2021, 6:21 p.m., edited 1 time in total.
Sept. 29, 2021, 4:41 p.m.
Posts: 1616
Joined: Nov. 23, 2002

It looks like the best results don't come from any investment guru or website, but a hamster. 

https://www.npr.org/2021/09/25/1040683057/crypto-trading-hamster-goxx-warren-buffet-s-p-500

Sept. 29, 2021, 7:39 p.m.
Posts: 12807
Joined: Jan. 27, 2003

Posted by: syncro

It looks like the best results don't come from any investment guru or website, but a hamster. 

https://www.npr.org/2021/09/25/1040683057/crypto-trading-hamster-goxx-warren-buffet-s-p-500

Not a surprise when you've been watching this stuff for a while. All the top 10 coins have pretty much the same charts. Holding or trading it doesn't really matter.

Oct. 1, 2021, 1:27 p.m.
Posts: 3462
Joined: May 23, 2006

https://www.nbcnews.com/tech/tech-news/bitcoin-miners-align-fossil-fuel-firms-alarming-environmentalists-n1280060

Oct. 2, 2021, 10:37 a.m.
Posts: 12807
Joined: Jan. 27, 2003

Posted by: tungsten

https://www.nbcnews.com/tech/tech-news/bitcoin-miners-align-fossil-fuel-firms-alarming-environmentalists-n1280060

Go Cardano!

Oct. 2, 2021, 10:39 a.m.
Posts: 12807
Joined: Jan. 27, 2003

https://vm.tiktok.com/ZMR3wwB7y/

Oct. 2, 2021, 7:05 p.m.
Posts: 3462
Joined: May 23, 2006

the inferno awaits you

Oct. 3, 2021, 11:18 a.m.
Posts: 12807
Joined: Jan. 27, 2003

Posted by: tungsten

the inferno awaits you

It awaits all of us.

Not all coins are alike though.

Bitcoin: 80 terawatt hours per year

Cardano: 6 gigawatt hours per year with 10% the market cap of bitcoin. 

Proof of stake > proof of work


 Last edited by: Fast-Orange on Oct. 3, 2021, 11:21 a.m., edited 1 time in total.
Oct. 5, 2021, 10:04 p.m.
Posts: 290
Joined: Feb. 24, 2017

Shiba coin is taking off.

Where Lambo?


 Last edited by: bux-bux on Oct. 5, 2021, 10:07 p.m., edited 1 time in total.

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