Stock Market (7 Viewers)
- Thread starter AFL_ITALIA
- Start date
OP
Why so?
For that to happen, I see:
1. A lot of excess money on the sidelines that seeks speculation over SPACs, hedge funds, and more "traditional" investments -- and more than we've seen already in the past year
2. A lack of viable alternatives in crypto, for example the Chinese DCEP
3. Governmental warming to BTC over the Yellen rhetoric we've got right now
It's entirely possible. But those are heavy conditionals.
For that to happen, I see:
1. A lot of excess money on the sidelines that seeks speculation over SPACs, hedge funds, and more "traditional" investments -- and more than we've seen already in the past year
2. A lack of viable alternatives in crypto, for example the Chinese DCEP
3. Governmental warming to BTC over the Yellen rhetoric we've got right now
It's entirely possible. But those are heavy conditionals.
OP
I think it's the future big thing and bitcoin is gonna be father of all crypto world. New currencies won't come so easily and I don't think they will pop up huge right from the start. They used to say banks are too big to fail (bullshit) but I think crypto is too big opportunity to close an eye, and I expect huge companies to follow and invest big billions in it. I also see Visa and others follow, allowing transactions through their cards, etc. ETH also has huge jumps, it was like 500 in December and reached 1800 today, but I don't think it will come close to btc. Oh and I also expect huge spike once bitcoin reaches 21 million mined, which is the max. Same goes for ETH, I don't think it will be mined for more than a year and a half from now, which will pump price high. At least that's what I think will happen. Wall Street investing 1% capital into crypto would double everything. Sadly, I also expect huge inflation.
I feel so bad when I told everyone at my uni in 2010 how bitcoin is the future. Back then it was like 30 dollars and I couldn't even buy it. It's my biggest miss for not following gut feeling. Right now I mine ETH but it's not huge cash.
I feel so bad when I told everyone at my uni in 2010 how bitcoin is the future. Back then it was like 30 dollars and I couldn't even buy it. It's my biggest miss for not following gut feeling. Right now I mine ETH but it's not huge cash.
Bought Tilray a month ago at 12 now 30+
Zomedica in @0.2 now at 2.4
Bought ExOne at 30 now it is 55
Wtf is happening, all my Bets become insane!! Lol only AMC fucked me up.
PS: SOS good cryptominer (4 dollar a share)
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Started investing in december with 1000 euro and I am now up to 13.500 amazing shit
Zomedica in @0.2 now at 2.4
Bought ExOne at 30 now it is 55
Wtf is happening, all my Bets become insane!! Lol only AMC fucked me up.
PS: SOS good cryptominer (4 dollar a share)
- - - Updated - - -
Started investing in december with 1000 euro and I am now up to 13.500 amazing shit
Yeah, I started a new trading account back in April with 2k and made 50k by August. Basically every stock was going up after the Covid crash, but my biggest gains were TSLA, DOCU, and BA calls. It was too easy to make money, but I lived through the 2008-2009 financial crisis where we had a crash and then rebound, so I used that experience to my benefit. But since September it has been a lot more difficult and I've mostly had losses other than NIO and PLTR. Thankfully I took a lot of my profits and ran beforehand, paid for a lot of stuff I needed and some stuff I didn't.
OP
Are you all pulling out? It'll probably soar even higher once those $1,400 checks come in.
At this point, there's nothing else you can really do with your money if you're a saver. Savings account rates are non-existent and people know that, so the only place left is the stock market. That coupled with the fact that almost anyone on the planet can now invest, we've never had a market like this before.
At this point, there's nothing else you can really do with your money if you're a saver. Savings account rates are non-existent and people know that, so the only place left is the stock market. That coupled with the fact that almost anyone on the planet can now invest, we've never had a market like this before.