Crypro Investment Course ... from $85. to $10.

[countryBoy641]

I remember Carl Icahn being asked about cryptos several years ago.
He apologized and said he doesn't understand them.
What a foggy old dope.
Yeah right.

Crypro Investment CourseFund Your Retirement
Now marked down from $85 to $10.
What is that?

Don't we already have Consumer Financial Protection Bureau.
Does anybody do any work there?
Or they all just smile pretty.

 

[USDJPY]

I remember Carl Icahn being asked about cryptos several years ago.
He apologized and said he doesn't understand them.
What a foggy old dope.
Yeah right.

Crypro Investment CourseFund Your Retirement
Now marked down from $85 to $10.
What is that?

Don't we already have Consumer Financial Protection Bureau.
Does anybody do any work there?
Or they all just smile pretty.

If it does not have cash flow it’s not an investment.

 

[BlueWaterSailor]

If it does not have cash flow it’s not an investment.

Interesting definition. So... owning physical gold, fine art, antiques, wine, luxury cars, high-end jewelry... none of those are investments? Lots of wealthy people all over the world would be quite surprised to hear it.

 

[countryBoy641]

If it does not have cash flow it’s not an investment.

Crude oil doesn't have cash flow, but it's a pretty good investment anyway.
Maybe some investments have hidden uses that can't be replaced.
Maybe food too?

 

[GoldDigger]

I am retired and I would never consider
cryptos to fund my retirement.

Maybe a crypto ETF for day trading
purposes, but that's about all.

 

[TrAndy2022]

Cryptos are a desaster themselves, a pure pump and dump scheme. Only BTC and ETH are surviving longterm cryptos. The rest come and go. So there is not much choice at all among cryptos for any investment. I have posted in forum here an excel sheet (twice already) that demonstrates this based on market cap among the top 15 cryptos over the last 10 years. There is only BTC and ETH.

 

[USDJPY]

All those things mentioned are speculations

 

[USDJPY]

If you buy an oil well that’s an investment. Buying crude oil contracts is speculating even though the two are similar

 

[countryBoy641]

If you buy an oil well that’s an investment. Buying crude oil contracts is speculating even though the two are similar

That could be.
But, used to be that all longs of stock options were named speculation by the IRS.
(no Long Term gain allowed regardless of the holding period).
Seems that being long a barrel of oil is a whole lot better than owning some out-ot-the-money calls on oil.

 

[USDJPY]

I think the definitions came from the book “The Intelligent Investor,” made famous by Warren Buffett. Everyone in the investment community agreed on the delineation between speculation and investing based on those definitions in the book.