Where your hard-earned money comes to die. Home.
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Just sold everything
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Poast new message in this thread
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Date: January 16th, 2018 11:52 PM Author: Histrionic Purple Becky Haunted Graveyard
1. i feel personally invested in your portfolio now so good luck. i hate steering other people wrong even more than i hate screwing myself
2. i absolutely get where you’re coming from and generally agree with prudent bankroll management. i’ll probably cash out a fair amount once prices recover. i have that much (less than 600k after today’s gaping but still a lot) because a) i really believe in xlm as a medium term story and b) i don’t think btc/eth are any safer. if bad regulations or a security breach occur everything’s fucked, so BTC/ETH just seems like less upside than xlm but with the same downside.
i’ll definitely reallocate later in the year though
(http://www.autoadmit.com/thread.php?thread_id=3862185&forum_id=7#35172983) |
Date: January 17th, 2018 12:29 AM Author: ivory know-it-all lettuce
When the stock market crashes, unless society proceeds into a dark age, and people no longer need cars, clothes, electronics, and other essential privately provided good and services, it's a guarantee that it will recover. Apple, Samsung, Amazon, etc are all companies that are heavily integrated in society, they come back because there's massive intrinsic value. There is almost no intrinsic value with the crypto market. Even the few coins with partnerships, and physical products have almost no economic impact outside of the crypto trading. What reason, other than coordinated pump and dumps, would any massive group have to sink money into a crashing market, full of empty promises?
(http://www.autoadmit.com/thread.php?thread_id=3862185&forum_id=7#35173152) |
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