OT: Lets talk about stocks (Part 3)

[Grate n Colorful Oz]

TerraLuna about to reach 0.01$ after going up to +130.00 2-3 months ago.

Sure glad I sold off at 120$

Might buy 100-200$ worth when it stabilizes, just in case Do Kwon manages to put the Terra stablecoin back on track to its USD tether. If he does, it will take time to get users back, but it could pay off big time.

 

[montreal]

SCYX

never heard of them

Well a major correction doesn’t involve going back 50-60 years in time. Look at BTC this morning as an indicator. If you think this is over you haven’t been paying attention.


Sorry that your 30 years experience couldn’t help you see the obvious.

What's Russia going to do next? you don't know? Neither does anyone. What's the market hate the most, uncertainty. To suggest that Putin threating nuclear war isn't impacting the markets is just beyond silly. I'm sure the covid strain in China isn't helping either.

 

[HuGort]

Well a major correction doesn’t involve going back 50-60 years in time. Look at BTC this morning as an indicator. If you think this is over you haven’t been paying attention.


Sorry that your 30 years experience couldn’t help you see the obvious.

I don't care if we go back 100 years. I can wait it out. Earnings still there. On mine anyway. Last night looking at my statements, $2,100-2,200 last quarter deposited to my accounts. Mostly Royal Bank. I own 2,100 shares of RY. A few TD Bank, Emera the power company and a little RIO. They all best estimates last time. A get same amount or more mid-summer and again in fall and winter.

I hope markets do collapse actually. Like to see the results around here. Lol. All those that bought new houses during the bubble with big mortgages. Interest rates sky rocket followed by a recession next year. See some houses go back to bank.

 

[SOLR]

never heard of them



What's Russia going to do next? you don't know? Neither does anyone. What's the market hate the most, uncertainty. To suggest that Putin threating nuclear war isn't impacting the markets is just beyond silly. I'm sure the covid strain in China isn't helping either.

He hasn't it was studied by a few analysts and there is zero market reaction to what is obvious sabre rattling. Markets don't price "what if", they make bets when the odds are getting somewhere on the map of possible. The Russian-Ukraine conflict is what is impacting markets because of all the primary components from this region, this is not a what-if, we lose a good part of the nickel/fertilizer/wheat productions - and it will lead 100% to more conflicts in Africa, Middle East, Asia, South America.

 

[the paisanos guy]

@BehindTheTimes

Not sure if you should be calling anybody a fool....

 

[Legend123]

never heard of them



What's Russia going to do next? you don't know? Neither does anyone. What's the market hate the most, uncertainty. To suggest that Putin threating nuclear war isn't impacting the markets is just beyond silly. I'm sure the covid strain in China isn't helping either.

anything that is uncertaincy results in instant panic and sell offs. If only the opposite was also true for hope and gains. Cant remember the last time the nasdaq posted a streak of days of +2% back to back. Unfort whenever it goes up by a decent amount, theres a 'correction' almost instantly.

 

[BehindTheTimes]

@BehindTheTimes

Not sure if you should be calling anybody a fool....

View attachment 545176

Early but not wrong. Now quote my posts on the incoming market collapse or don’t, whatever makes you feel like you got me. I didn’t specifically call anyone a fool btw. It was just a figure of speech. Point being, it was pretty easy to see that everything was overpriced and that the bubble was going to pop. I thought with inflation on the rise, market uncertainty that bitcoin may have been their safe haven. I still believe it will be. Just not as soon as I thought.

Still buying.

 

[BehindTheTimes]

I don't care if we go back 100 years. I can wait it out. Earnings still there. On mine anyway. Last night looking at my statements, $2,100-2,200 last quarter deposited to my accounts. Mostly Royal Bank. I own 2,100 shares of RY. A few TD Bank, Emera the power company and a little RIO. They all best estimates last time. A get same amount or more mid-summer and again in fall and winter.

I hope markets do collapse actually. Like to see the results around here. Lol. All those that bought new houses during the bubble with big mortgages. Interest rates sky rocket followed by a recession next year. See some houses go back to bank.

Why would you want to see ppl lose their home? I bought mine 3 years ago, luckily I live in Saint John and housing was mostly reasonable until the last 1-1.5 years where it’s gone a bit crazy. I don’t want anyone to lose anything, but I fear that is where we are heading.

TerraLuna about to reach 0.01$ after going up to +130.00 2-3 months ago.

Sure glad I sold off at 120$

Might buy 100-200$ worth when it stabilizes, just in case Do Kwon manages to put the Terra stablecoin back on track to its USD tether. If he does, it will take time to get users back, but it could pay off big time.

Newton suspending withdrawals and buys of Luna today. Crazy times.

 

[Grate n Colorful Oz]

@BehindTheTimes

Not sure if you should be calling anybody a fool....

View attachment 545176

Yeah like anyone could've predicted China would go on an all out war on cryptocurrency.

It's the very nature of crypto to have increased value as transactions pile up and then speculation driving it forward.

Unless the whole crypto market crashes, his prediction is almost inevitable, it will just take more time than he thought.

 

[Grate n Colorful Oz]

I don't care if we go back 100 years. I can wait it out. Earnings still there. On mine anyway. Last night looking at my statements, $2,100-2,200 last quarter deposited to my accounts. Mostly Royal Bank. I own 2,100 shares of RY. A few TD Bank, Emera the power company and a little RIO. They all best estimates last time. A get same amount or more mid-summer and again in fall and winter.

I hope markets do collapse actually. Like to see the results around here. Lol. All those that bought new houses during the bubble with big mortgages. Interest rates sky rocket followed by a recession next year. See some houses go back to bank.

Wow... a bit more empathy for your fellowmen.

Y'know, everytime the system contracts (collapse), the rich get richer and the poor poorer. Everytime it happens, the gap widens. The more socioeconomic inequality there is, the more problems there are, the more dysfuntional our civilization becomes.

 

[the paisanos guy]

Yeah like anyone could've predicted China would go on an all out war on cryptocurrency.

That's the point. So many people have gotten so cocky because of the bull run over the past while. It's a false confidence.

That you think Bitcoin hitting 120k+ is a certainty is another good example.

 

[BehindTheTimes]

That's the point. So many people have gotten so cocky because of the bull run over the past while. It's a false confidence.

That you think Bitcoin hitting 120k+ is a certainty is another good example.

It is a certainty.

Wow... a bit more empathy for your fellowmen.

Y'know, everytime the system contracts (collapse), the rich get richer and the poor poorer. Everytime it happens, the gap widens. The more socioeconomic inequality there is, the more problems there are, the more dysfuntional our civilization becomes.

Well-said.

 

[llamateizer]

tbh, I'm happy to see the market crashing. I'm new to the market and only knew the bullish part.

Seeing the bear market (and more to come) put a little cold shower on me. Still long term vision.
Panic is in there. but doing nothing.

 

[HuGort]

never heard of them



What's Russia going to do next? you don't know? Neither does anyone. What's the market hate the most, uncertainty. To suggest that Putin threating nuclear war isn't impacting the markets is just beyond silly. I'm sure the covid strain in China isn't helping either.

Well yes Montreal it's the war. Everybody know that. Gas prices spiking, fuels inflation which causes interest rate increases. Usually prolonged spike in gas spikes is followed by a recession.

This coming recession likely be quite severe. As I don't see the war ending soon. If a country don't want to give up their homes and freedom it's hard to over throw them. Look at Russia in Afghanistan? USA in Korea or Vietnam. Iraq was different because people didn't want to live under Saddam rule.

I see this war dragging on into the summer, possibly fall or longer. I think Russia may win but they'll lose 50,000 troops or more. It will near bankrupt them also. War is expensive. They'll have to shoot likely millions of Ukraine civilians. To stop future uprising. It will be bad before over

 

[Grate n Colorful Oz]

tbh, I'm happy to see the market crashing. I'm new to the market and only knew the bullish part.

Seeing the bear market (and more to come) put a little cold shower on me. Still long term vision.
Panic is in there. but doing nothing.

I hate collapses for what it does to our social fabric and future prospect, but that's when one should invest the most, after the collapse, unless you're very familiar with shorting stock.

 

[LeHab]

tbh, I'm happy to see the market crashing. I'm new to the market and only knew the bullish part.

Seeing the bear market (and more to come) put a little cold shower on me. Still long term vision.
Panic is in there. but doing nothing.

We are all humans acting on emotions and prone to biases. Emotional discipline in volatile times is a good start for success.

Buffett says Berkshire's success is more about being 'sane' than 'smart'

Warren Buffett's Berkshire Hathaway has beaten the broader market so far this year. But the Oracle of Omaha wasn't willing to declare himself an investing genius during Saturday's annual shareholder meeting.

www.cnn.com

https://money.usnews.com/investing/articles/2016-12-13/for-investors-emotional-intelligence-is-as-important-as-iq

 

[waffledave]

TerraLuna about to reach 0.01$ after going up to +130.00 2-3 months ago.

Sure glad I sold off at 120$

Might buy 100-200$ worth when it stabilizes, just in case Do Kwon manages to put the Terra stablecoin back on track to its USD tether. If he does, it will take time to get users back, but it could pay off big time.

Luna is dead, the supply is 7 trillion now.

Earlier today I bought about 10,000,000 for $150 and sold it for $900 around lunch. I bought another 2,000,000 coins for another $150 and I'll let it ride, but it's a pure gambling degen play at this point.

 

[Grate n Colorful Oz]

Luna is dead, the supply is 7 trillion now.

Earlier today I bought about 10,000,000 for $150 and sold it for $900 around lunch. I bought another 2,000,000 coins for another $150 and I'll let it ride, but it's a pure gambling degen play at this point.

Yeah I know but it's a cheap gamble

 

[HuGort]

I hate collapses for what it does to our social fabric and future prospect, but that's when one should invest the most, after the collapse, unless you're very familiar with shorting stock.

Many good buys out there yup.

A certain percentage of investors, usually newbies, over extend in a bull market trying to get rich or make good money. Something goes wrong in the world, causing a bear market and they are forced to sell out at a loss.

They don't have enough cash to carry them thru a bear market. Bear markets run 6-9 months on average, but can last over a year. This causes price of stocks to go lower than their value.

 

[BehindTheTimes]

I hate collapses for what it does to our social fabric and future prospect, but that's when one should invest the most, after the collapse, unless you're very familiar with shorting stock.

Every cycle the gap between the rich and poor gets bigger. It’s almost as if it were be design. Haha

Luna is dead, the supply is 7 trillion now.

Earlier today I bought about 10,000,000 for $150 and sold it for $900 around lunch. I bought another 2,000,000 coins for another $150 and I'll let it ride, but it's a pure gambling degen play at this point.

She’s never coming back.

 

[Grate n Colorful Oz]

Every cycle the gap between the rich and poor gets bigger. It’s almost as if it were be design. Haha


She’s never coming back.

It's the biggest scam ever, owing money that was created out of thin air.

Market competition inherently breeds inequality. Taken to today's heights of capitalism and its ever growing sophistication, only strenghtens this inescapable mechanism, making it even worst.

 

[waffledave]

Ended up exiting my Luna position with a $1350 profit. Not bad for a $150 gamble.

 

[BehindTheTimes]

It's the biggest scam ever, owing money that was created out of thin air.

Market competition inherently breeds inequality. Taken to today's heights of capitalism and its ever growing sophistication, only strenghtens this inescapable mechanism, making it even worst.

Fully agree. The entire financial system is a scam. The entire market is a house of cards. The sad part is they don’t even try to hide it anymore. I liked it a little more when they tried to bullshit us about how free and fair the markets were.

 

[llamateizer]

To the Poster who said it was an easy win by betting the Suns for the conference owes me 20$ (it's a joke)

They lost game 7. hehe.

They got close and made me follow the NBA playoffs a little bit

 

[SOLR]

Wow... a bit more empathy for your fellowmen.

Y'know, everytime the system contracts (collapse), the rich get richer and the poor poorer. Everytime it happens, the gap widens. The more socioeconomic inequality there is, the more problems there are, the more dysfuntional our civilization becomes.

That's false, the rich can lose everything in a depression or in war (when shit gets blown up).

The great depression and WW2 were a social/income inequality reset that allowed for the 1945-1995 period. In 1995, we entered the tech-breaking (eating) the old period. Obviously, those with the old money did well in the new...until the breaking point?