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Investing • Page 45

Discussion in 'Politics Forum' started by Henry, Jan 27, 2021.

  1. Professor Plumbob

    Trusted Supporter

    Probably gonna put half into bitcoin as a savings account cause high interest savings accounts are paying nothing and I get 6% on Bitcoin. The rest into boring index funds in my Roth IRA
     
    theagentcoma likes this.
  2. theagentcoma

    yeah good okay Prestigious

    My nephew has been saving money (he's 3) and my brother-in-law took the like, $30 he had and invested it all in doge a few months ago. I thought it was kinda stupid at the time but now he's probably quadrupled that lol
     
    Professor Plumbob likes this.
  3. David87

    Prestigious Prestigious

    So what’s the strategy with Doge if it blows up on 4/20? Should we sell if it hits a dollar? Or assume hitting a dollar gives it a booster rocket as everyone rushes to get in thinking it’s the next big crypto?
     
  4. phaynes12

    https://expertfrowner.bandcamp.com/ Prestigious

    feel like pure shit just want doge back
     
  5. drummerAVA

    Trusted

    I panic sold when it started tanking hard after that initial rise a few days ago, but got back in after it showed some stability.

    Now hodling so tight.
     
  6. theagentcoma

    yeah good okay Prestigious

    I will laugh if it moons tomorrow

    And then cry because I missed the meme
     
  7. David87

    Prestigious Prestigious

    "How'd he make all his money?"

    "People on the internet thought this one fake digital currency was funny, so...Wait, let me rewind. You know that dog breed Shiba inu?"
     
  8. Matt

    Living with the land Supporter

    I don't really expect it to go much beyond a dollar but I'd love to be wrong. If it does reach a dollar tomorrow, my little $200 investment in January will net me $6k
     
    theagentcoma likes this.
  9. David87 Apr 19, 2021
    (Last edited: Apr 19, 2021)
    David87

    Prestigious Prestigious

    YEah this is what I'm trying to figure out what to do if it rockets tomorrow. I'm trying to decide if I sell as soon as I see it hit a dollar, or if I hold because the internet will freak the eff out if it shoots up that far and end up having all the normies pour into it and send it taking off.

    That'd be the difference between a couple thousand bucks and a new house for me lol
     
    Matt likes this.
  10. David87

    Prestigious Prestigious

    Forreal though, knowing I have most of the moeny I invested sitting in long term (at least a year+ probably) investments that should net me a few thousand bucks, even if doge tanks, the fun/anticipation of this has been worth it for me this last week (and I guess back during the first bubble too). I may come out down a few hundred, I may come out up a few hundred, I may come out up a few thousand, or I may secure a down payment for a new house lol. Gonna need to hit, like, $10-$15 for that though.
     
  11. David87

    Prestigious Prestigious

    Also I think I brought this analogy up a few months ago, but dogecoin basically feels like coin collecting at this point, where the coin itself has no actual value (other than legal US tender, which is obviously an advantage real currency has here), but it's worth as much as what other people are willing to pay for it, and that actually creates its worth rather than any real function it has. So like...beanie babies? lol
     
  12. stars143

    Trusted

    At least with coin collecting a lot of the coins have silver or gold in them. The floor of value for a lot of coins is the melt value. Beanie Babies seems like a better analogy haha
     
    David87 likes this.
  13. Matt

    Living with the land Supporter

    I still have all my old beanie babies in a box somewhere, and first generation pokemon cards. maybe i'm sitting on a gold mine
     
    David87 likes this.
  14. imthegrimace

    the poster formally known as thesheriff Supporter

    I think Pokémon cards are actually valuable right now.
     
    David87 likes this.
  15. They are. Super valuable
     
    David87 likes this.
  16. theagentcoma

    yeah good okay Prestigious

    Wish the creepy porcelain dolls my father-in-law has been keeping in storage were worth anything
     
    David87 likes this.
  17. David87 Apr 19, 2021
    (Last edited: Apr 19, 2021)
    David87

    Prestigious Prestigious

    Me for the next 24 hours or so at least:

    [​IMG]


    Apparently WeBull is listing Doge tomorrow....

    Also, if I put a sell limit order in for, say, .20 cents....does that prevent me from selling tomorrow at any other point if I want to? Of course I run the danger it dips that low tonight and I lose out if it skyrockets tomorrow lol. But if I put in a sell limit of .20, and then tomorrow it hits $1 and I decide I want to sell it then, there's no conflict there right? the sell limit order would just disappear?
     
  18. theagentcoma

    yeah good okay Prestigious

    Damn now my brother-in-law is trying to get me in on the doge train lol. Asking me "do you know about #dogeday420???"

    I don't wanna know lol
     
    David87 likes this.
  19. phaynes12

    https://expertfrowner.bandcamp.com/ Prestigious

    make me money, doggo
     
  20. manoverboard365

    Trusted

    Ended up throwing money at Bitcoin and Etherium tonight. Was gonna do Doge instead, but I fear that it's not actually go much further than 40 cents, and probably crash hard in the coming weeks.
    I'm gonna be kicking myself if I'm wrong, but will be great to see so many people profit!
     
  21. MidDave

    I'm Sleepy Supporter

    I went into that Aphiria (sp?) weed stock and immediately went up a few bucks lol
     
  22. Matt

    Living with the land Supporter

    Excited for tomorrow, let’s make some $$
     
  23. David87

    Prestigious Prestigious

    Checked one last time before bed, gotta lol at the graph...the price spiked down like a cent and a half right at midnight. I guess someone cashed out to start the day lol.

    I just realized I can’t do a stop limit order on crypto which is annoying AF. Would really love to set a floor and forget about it since I get bad service at work and prob won’t be able to check until lunch. Booo
     
  24. Professor Plumbob

    Trusted Supporter

    Have fun flying to the moon or cratering my dudes, godspeed
     
  25. theagentcoma

    yeah good okay Prestigious

    I predict red and green lines moving sideways