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LarryCoon
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PostPosted: Thu May 06, 2021 8:06 pm    Post subject:

C M B wrote:
To anyone who hasn't bought crypto yet: what's keeping you out?


A really hellacious password.
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leor_77
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PostPosted: Sat May 08, 2021 6:26 am    Post subject:

How long do you guys think the rotation into cyclicals, commodity stocks, banks will last? The bad jobs report yesterday helped tech, but I think it's probably a temporary thing, and that the rotation into cyclicals and re-opening plays will last longer, I just don't know how long.
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Baron Von Humongous
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PostPosted: Wed May 19, 2021 7:09 am    Post subject:

When should I buy lumber?
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Ogrounder
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PostPosted: Sun May 23, 2021 10:03 am    Post subject:

C M B wrote:
To anyone who hasn't bought crypto yet: what's keeping you out? What do you think about Neo and its price prediction

Volatility On the one hand it is a great opportunity to earn money but on the other hand when your portfolio goes 40% down in just a couple days that is weird!


Last edited by Ogrounder on Mon May 31, 2021 12:07 pm; edited 1 time in total
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LarryCoon
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PostPosted: Sun May 23, 2021 10:17 am    Post subject:

Ogrounder wrote:
C M B wrote:
To anyone who hasn't bought crypto yet: what's keeping you out?

Volatility On the one hand it is a great opportunity to earn money but on the other hand when your portfolio goes 40% down in just a couple days that is weird!


This was mentioned in a podcast I was listening to over the weekend. Crypto wants to be both a currency and an investment, and the two are at odds with each other. Investors want volatility, but volatility isn't good for currency. Increased volatility makes the crypto less valuable as currency, which makes it less valuable as an investment. Something's not good as a currency when its volatile enough that its founder can tank it by making a joke about it on SNL.
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CandyCanes
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PostPosted: Wed Jun 02, 2021 1:13 pm    Post subject:

Thought AMC couldn’t go higher when I saw it hit 34 yesterday... Man, was I wrong. Kicking myself for not buying in.
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