This guy says futures are a failure

[BONECRUSHER]

I am with you on this. My plan is to just hold and see what my crypto portfolio is worth at the end of 2019. I previously told my wife what my goal was at the end of 2019 and it hit it already. So we will just see where it ends up. Of course I imagine I will add new coins as companies come up with unique applications with expectations of 100 baggers on some of those. This is the opportunity of our lifetimes and it is even more remarkable that so few on ET get it.

In your post...try replacing the word "crypto" and "new coins" with ".com's". I remember many people in the late 1990's with similar thinking and we know how that turned out...they rode the bubble all the way up and the decline all the way down.

The thing is...all the euphoric investors were correct, the internet was and is a world changing event, but don't forget how the markets play their own game! Just sayin'.

 

[sle]

In your post...try replacing the word "crypto" and "new coins" with ".com's". I remember many people in the late 1990's with similar thinking and we know how that turned out...they rode the bubble all the way up and the decline all the way down.

The thing is...all the euphoric investors were correct, the internet was and is a world changing event, but don't forget how the markets play their own game! Just sayin'.

Well, the ones that did ride the bubble all the way through now have done pretty well, don’t you say? I wonder what stocks were in vogue at the time so we can create a representative basket

 

[Overnight]

In your post...try replacing the word "crypto" and "new coins" with ".com's". I remember many people in the late 1990's with similar thinking and we know how that turned out...they rode the bubble all the way up and the decline all the way down.
...

What about .coin as a top-level domain? @Baron, get on that stat.

 

[johnarb]

In your post...try replacing the word "crypto" and "new coins" with ".com's". I remember many people in the late 1990's with similar thinking and we know how that turned out...they rode the bubble all the way up and the decline all the way down.

The thing is...all the euphoric investors were correct, the internet was and is a world changing event, but don't forget how the markets play their own game! Just sayin'.

Bull markets have a tendency to produce a lot of geniuses

Unlike dotcoms (which by the way I lived through the experiences of trading that market as I'm old), crypto traders/holders like me get to enjoy the fruits of our successes during this full blown mania, spending on foods, travels, consumer products, luxury items, etc, etc. unlike holding stock certificates that you can't spend on nothing.

You know what sucks ballz right now, though? Being a no-coiner

Everyone Is Getting Hilariously Rich and You’re Not

 

[sss12]

Bull markets have a tendency to produce a lot of geniuses

Unlike dotcoms (which by the way I lived through the experiences of trading that market as I'm old), crypto traders/holders like me get to enjoy the fruits of our successes during this full blown mania, spending on foods, travels, consumer products, luxury items, etc, etc. unlike holding stock certificates that you can't spend on nothing.

You know what sucks ballz right now, though? Being a no-coiner

This is ridiculous. Any investment gain in any asset class can be monetized to make it transferable/spendable. Actually many with less cost and hassles than the your beloved coins.

 

[SoesWasBetter]

13k and dropping faster than a $5 ho's pants

I c dead people, and 10k soon

 

[johnarb]

This is ridiculous. Any investment gain in any asset class can be monetized to make it transferable/spendable. Actually many with less cost and hassles than the your beloved coins.

Let's take an example, you own 1000 shares of AAPL, and you wish to purchase $250 worth of groceries from WholeFoods in the next half hour. Care to let me know what your exact process is? While you're thinking about it, the Balenciaga shoes just became available from Bloomingdales online and it's been sold out for a few weeks, the wife wants to buy it...

 

[sss12]

Let's take an example, you own 1000 shares of AAPL, and you wish to purchase $250 worth of groceries from WholeFoods in the next half hour. Care to let me know what your exact process is? While you're thinking about it, the Balenciaga shoes just became available from Bloomingdales online and it's been sold out for a few weeks, the wife wants to buy it...

Honestly, if you don't know how to tie securities to a cash management account you need to do a little homework.

 

[Illini Trader]

13k and dropping faster than a $5 ho's pants

I c dead people, and 10k soon

Bitcoin at 10K is still a 100% gain in 3 months. I will take that and keep holding.

 

[johnarb]

Honestly, if you don't know how to tie securities to a cash management account you need to do a little homework.

Honestly, I asked you for a step-by-step, because holding 1000 shares of AAPL is not the same as spending it on the items I mentioned. What if AAPL got bombed by NK and your shares tumbled to $10? It's ok, just don't talk like you know when you don't know.