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#1
02-04-2022, 10:53 PM
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Well you are braver than I am. I have a few concerns of Crypto. Take bitcoin, its only value is what the owner(s) of bitcoin say its worth. You can just sell it you have to sell it to another person or investor. While its become more and more prevalent its not insured, the stock market isn't either I know.
I asked my wife about this being she is a financial mind and she laughed at me. Said hard no. I have co-workers who have money in it as well. they have some up to 1k, most is just a few hundred. They are just playing with it. If they make money they are of course happy but I think they more or less use it as a hobby or something to play with. I hope you make a killing at it though. Honestly makes me nervous. But I have never been a gambler.
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#2
02-05-2022, 10:02 AM
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I'd actually prefer to trade in real precious metals (gold/silver). I think the risks are a little lower than Crypto, as the Feds will be all over Crypto soon enough... and especially if we go "cashless" in this society. As stated on a different site, I'd rather trade in gold, sliver, and .45ACP!
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#3
02-05-2022, 10:08 AM
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Remember the dot.com bubble of the 90s?
Lots of Internet startups with no hard assets and their only revenue stream was from selling stocks. People were quitting their jobs to focus all their time on investing in dot.coms. I look at crypto and wonder what the difference is.
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Jim CBOB0497 "That rifle hanging on the wall of the working class flat or laborer's cottage is the symbol of democracy. It is our job to see that it stays there." - George Orwell Last edited by DrHenley; 02-05-2022 at 10:16 AM.
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#4
02-05-2022, 10:38 AM
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Shit, I can barely count what's in my billfold. Can ya trade all these xs and 0s into real money?
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NRA Life Member Wilson Combat CQB Kimber Tactical Pro II S&W J-Frame .38 ect " I don't own the clothes I'm wearin', and the road goes on forever "  There's a gator in the bushes, and it's calling my name... COTEP #523
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#5
02-05-2022, 03:56 PM
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Yeah, its like investing in anything else, I get the allurer, just not for me. I have silver though, cant afford gold lol
But yeah, who knows....
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#6
02-05-2022, 05:37 PM
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Quote:
The safest inexpensive gold coins are 1/10 ounce American Gold Eagles. Bid on them on EBay. I picked up several of them cheap that way. https://www.ebay.com/itm/23440111455...8AAOSwUlJh-DTK
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Jim CBOB0497 "That rifle hanging on the wall of the working class flat or laborer's cottage is the symbol of democracy. It is our job to see that it stays there." - George Orwell
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#7
02-06-2022, 10:29 AM
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Quote:
I mean if I can't get a full bar.....
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#8
02-12-2022, 05:54 PM
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There's a big Bitcoin giveaway contest during the Superbowl tomorrow. Except I need to figure out how to retweet the FTX commercial to enter. And I have no Twitter friends to Tweet to. And I'll probably be riding the fatbike and forget.
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