Stock market

Big day Sunday tomorrow once all the cypto drops and becomes a buyers paradise.

i wanna know what y’all game plan is. What would your , how much of it and if u got and tips . I’ve been reading up all week and I think my game plane is Polladaot, litecoin, cardano, and maybe ripple r trim I dunno.

4k i got to spend so I need to divide it up Into either all some or none. These r the Cardano options Polkadot, Litecoin, Cardano. I might go easy on those three and but then put the rest in eth and btc. Either was the 4K I got to buy crypo with will be allocated accordingly

maybe ripple and maybe ton? Still need to do more research. @zeus if claiming to put 1k in both ripple and ton

if any has any advice hmu
 
14246375:MiIfHunter said:
Big day Sunday tomorrow once all the cypto drops and becomes a buyers paradise.

i wanna know what y’all game plan is. What would your , how much of it and if u got and tips . I’ve been reading up all week and I think my game plane is Polladaot, litecoin, cardano, and maybe ripple r trim I dunno.

4k i got to spend so I need to divide it up Into either all some or none. These r the Cardano options Polkadot, Litecoin, Cardano. I might go easy on those three and but then put the rest in eth and btc. Either was the 4K I got to buy crypo with will be allocated accordingly

maybe ripple and maybe ton? Still need to do more research. @zeus if claiming to put 1k in both ripple and ton

if any has any advice hmu
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You sound way too anxious to make a quick buck. Advice: patience and avoid this hype game
 
14246379:HypeBeast said:
You sound way too anxious to make a quick buck. Advice: patience and avoid this hype game
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I ain’t no rookie, I just want to expand my crypto portfolio. I don’t trade stocks. Crypto is the way to go

**This post was edited on Feb 20th 2021 at 3:36:11pm
 
14247626:Charlie_Kelly said:
Losses only realized when you sell lol
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Yea my luck has been fucking shit lately and I’m going on vacation so I’m taking my losses to Miami. Hehe. Of course I buy bitcoin at 57 and sell it at 53 today
 
14244996:soup said:
All of my losses have come from me buying into the hype. If something is either in the news, being talked about on youtube, or your mom knows about it it's too late and you're buying at a peak I've learned.

Long term gains can take a month or years. It depends on what kind of return you're looking for. One of my investments is an ETF which I've had for four years and I've seen an 18% return, but it's safe and I don't have any worry about hanging on forever to that one. Another, I've had for three months and had 143% return and could sell tomorrow I'm not too attached to it.

If youre looking for a quick buck it's a tough world. Some dudes pull it off but you should look at it as an investment for your future.
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This is what I do. People I work with and my friends tell me about how stock X is hot and stuff, and my response is always well then it's too late. It almost always is.

I play the long game. I usually take months to realize gains and I never risk a huge amount of money. I still have Exxon and Conoco from pre pandemic. Exxon is back in the green and Conoco is on its way. I have mutual funds and ETFs cooking for years. I have FSELX for 53.68% gains, for example.

**This post was edited on Feb 23rd 2021 at 3:16:54pm
 
Just started swing trading SOXL, got in at $570 yesterday, up 10% already. Will close out around $700 with the intention of repeating cycle.

Been watching for 9 months now and wish I would have pulled the trigger awhile ago..
 
14249079:Charlie_Kelly said:
I said in the Discord I’m sitting it out, but now I want back in. Stupid fucking Reddit hype always gets to me
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It's so hard to not be tempted when you can make real money in a day it's wild.
 
14253837:MiIfHunter said:
Fuck that trump dick sucker. Barstool is Dumb Af
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Before we call names and act like we’re 12 years old. Can we acknowledge that mr Biden’s stock market is complete trash. Mr trumps bull market made all of us money.

that’s all I’ll say.
 
Mr Biden has been president for a little over a month lol

14253942:zues said:
Before we call names and act like we’re 12 years old. Can we acknowledge that mr Biden’s stock market is complete trash. Mr trumps bull market made all of us money.

that’s all I’ll say.
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14253962:WPoch said:
Mr Biden has been president for a little over a month lol
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Yes... I might have jumped the gun trying to blame someone else besides my miserable self. Good looks.
 
14252872:CatdickBojangles said:
I’ve got $40 sitting in my Robinhood. Give me something to buy before I throw it at Dogecoin.
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lol pull it out and buy some beer. $40 and asking for something better than dogecoin is about as good as throwing it on a number on the roulette wheel. Probably a better return in roulette.
 
14253986:kingsskier said:
lol pull it out and buy some beer. $40 and asking for something better than dogecoin is about as good as throwing it on a number on the roulette wheel. Probably a better return in roulette.
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Bought 1 share of BUZZ lmao just to see what it does.
 
It's literally only and index for bluechip stocks. The price only correlates with large cap stock growth. It won't be a PENN where the price is decided by shares being bought.

Right now the market is poop so BUZZ is a solid loss. But hey the bears love losses.

Oh..... and Dave Portnoy is a FRAUD.

14253988:CatdickBojangles said:
Bought 1 share of BUZZ lmao just to see what it does.
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14253990:zues said:
It's literally only and index for bluechip stocks. The price only correlates with large cap stock growth. It won't be a PENN where the price is decided by shares being bought.

Right now the market is poop so BUZZ is a solid loss. But hey the bears love losses.

Oh..... and Dave Portnoy is a FRAUD.
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I threw $25 at it because I was bored and had it sitting there might have been better to let it sit in my RH account and accrue interest but whatever.
 
I'd also like to add that bluechip growth is slow and steady. When the bulls come back it'll be a solid buy.

anyone know when the bulls will win another championship? Is Michael Jordan coming back?

14253990:zues said:
It's literally only and index for bluechip stocks. The price only correlates with large cap stock growth. It won't be a PENN where the price is decided by shares being bought.

Right now the market is poop so BUZZ is a solid loss. But hey the bears love losses.

Oh..... and Dave Portnoy is a FRAUD.
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Fucking down bad today boys , lost 140 bucks in two days and now down 70 bucks of my own cash. ?? though . I think next week will be booming
 
14254013:galardogod said:
Fucking down bad today boys , lost 140 bucks in two days and now down 70 bucks of my own cash. ?? though . I think next week will be booming
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You could be down thousands of dollars.

Im just not checking my accounts for a few weeks, better for my mental health.
 
14253942:zues said:
Before we call names and act like we’re 12 years old. Can we acknowledge that mr Biden’s stock market is complete trash. Mr trumps bull market made all of us money.

that’s all I’ll say.
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I am not a certified financial planner. This is not investment advice. This is just an opinion.

The reason why Mr. Biden's stock market is kinda trash right now is because we have had some positive economic numbers and the fed has increased rates. This does a number of things. A large contributor to Mr. Trump's bull run and the crazy shit that happened with the market during covid is the appeal of tech stocks.

The tech sectors naturally trade at higher multiples because of the heavy focus on future revenues and have expansive R&D departments. Their valuations are heavily impacted by increased rates in two ways. One, a higher risk-free rate provides the baseline for the opportunity cost related to stocks. Since a lot of tech's value is from future revenue, higher rates increase how much you discount the stock to the present, therefore lower evaluation. Two: R&D departments are capitally intensive, but seen as essential because the tech world is so god damn competitive. Higher rates increase the cost of capital for companies, so R&D becomes more expensive. Those internal and external factors drive evaluation.

As people have more hope in the economy and there is a focus on reopening, people are starting to look to put their money in other sectors on the market as well. Biden's stock market has been more of a post-covid correction and completely healthy.

So just buy the dips in the industries you believe in, do some cost averaging, and enjoy the ride.
 
14252872:CatdickBojangles said:
I’ve got $40 sitting in my Robinhood. Give me something to buy before I throw it at Dogecoin.
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Toss into an IRA account and put it to work in a safe index fund. S&P returns, on average, 10% a year. Wait 40 years and withdraw the $1,800 (tax-free) that that 40 appreciated too.

40 * (1.1)^40 = 1810.37
 
14253942:zues said:
Before we call names and act like we’re 12 years old. Can we acknowledge that mr Biden’s stock market is complete trash. Mr trumps bull market made all of us money.

that’s all I’ll say.
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Obama made more but clearly you don't understand the stock market or have any sort of long term picture. Jesus ur relentless
 
14254705:HypeBeast said:
Obama made more but clearly you don't understand the stock market or have any sort of long term picture. Jesus ur relentless
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Lol I am joking around my man. It’s till early into Biden’s term. But it’s looking like the beginning of a bear market to me
 
14254847:zues said:
Lol I am joking around my man. It’s till early into Biden’s term. But it’s looking like the beginning of a bear market to me
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OK good we don't need politics in this thread too
 
14254691:koolkale said:
Toss into an IRA account and put it to work in a safe index fund. S&P returns, on average, 10% a year. Wait 40 years and withdraw the $1,800 (tax-free) that that 40 appreciated too.

40 * (1.1)^40 = 1810.37
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ARK ETF’s are great as well. That’s what’s in my Roth. They are getting battered now but that’s for reasons like you mentioned above. I believe ARK returned 117% yoy.
 
14254918:Charlie_Kelly said:
ARK ETF’s are great as well. That’s what’s in my Roth. They are getting battered now but that’s for reasons like you mentioned above. I believe ARK returned 117% yoy.
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Cathie Wood is an absolute beast. I have some ARKK in my roth too. They are tech heavy and have TSLA as a massive holding. But check out: ARK–Invest_BigIdeas_2021.pdf (ark-invest.com) if you are interested in exactly what Ark Invest is looking for.
 
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