ADVERTISEMENT

OT- Bitcoin

I got btc at 16k and it's round 51k now..so I'm playing with house money..till round 100k...
then again I might forget I have btc and look at it in 2030..depends how my alts do..
with joey's printer, etf's grinding fourth, the having, and supply getting slim...things look good
 
I got btc at 16k and it's round 51k now..so I'm playing with house money..till round 100k...
then again I might forget I have btc and look at it in 2030..depends how my alts do..
with joey's printer, etf's grinding fourth, the having, and supply getting slim...things look good
I plan on having 1 BTC and keeping it long long term after this cycle - sort of as a trophy. I plan on trading alts for profits during the bear cycle like I have. It has been as profitable for me as flipping houses was when I was able to do that before Blackrock et al ruined housing prospects for young families.
 
I plan on having 1 BTC and keeping it long long term after this cycle - sort of as a trophy. I plan on trading alts for profits during the bear cycle like I have. It has been as profitable for me as flipping houses was when I was able to do that before Blackrock et al ruined housing prospects for young families.
Do you have bad flipping stories or back then was it pretty easy to at the very least make a few thousand off each house?
 
I plan on having 1 BTC and keeping it long long term after this cycle - sort of as a trophy. I plan on trading alts for profits during the bear cycle like I have. It has been as profitable for me as flipping houses was when I was able to do that before Blackrock et al ruined housing prospects for young families.

Very good friend of mine sold his house in Atlanta to Blackrock....they inspected it prior of course, made him an offer he accepted, then the nite before close...less than 24hrs mind you, they email him and say his home needs a new roof so they have to deduct 8K from their offer if he wishes to complete the sale, to which he reminded them they inspected it first, approx 20 days ago, why is this just now coming up? No reply other than to say they were deducting 8K due to the roof and to let them know if he still wanted to sell it to them. Due to their timing (which of course Blackrock knows) they were forced to accept the discounted rate due to another home they were buying and moving into and needed this deal to go thru....that was about 5 years ago and he still feels guilty for contributing to the demise of American affordable home ownership and wishes he had that one over.
 
If you decided to get in the crypto game for the first time one week ago, you’d be up 25%+ never too late to jump in
 
If you decided to get in the crypto game for the first time one week ago, you’d be up 25%+ never too late to jump in
This is correct, but some times are better than others and that is what research is all about.

Even the folks that bought Bitcoin at 69k will be ahead soon if they held on and didn't sell. Just be aware of the market and never get to high or low on anything you invest in.

Just think of it as like a mountain and when you reach a peak there is only one thing left to do and that is head back down. To further this Analogy the next peak you try to climb is going to be bigger and better, but in order to get to that higher peak, you have go back down to the valley from the first mountain you climbed
 
Last edited:
Very good friend of mine sold his house in Atlanta to Blackrock....they inspected it prior of course, made him an offer he accepted, then the nite before close...less than 24hrs mind you, they email him and say his home needs a new roof so they have to deduct 8K from their offer if he wishes to complete the sale, to which he reminded them they inspected it first, approx 20 days ago, why is this just now coming up? No reply other than to say they were deducting 8K due to the roof and to let them know if he still wanted to sell it to them. Due to their timing (which of course Blackrock knows) they were forced to accept the discounted rate due to another home they were buying and moving into and needed this deal to go thru....that was about 5 years ago and he still feels guilty for contributing to the demise of American affordable home ownership and wishes he had that one over.
That is a game that is played frequently. Your move, if possible, is to qualify for your new home without a requirement to sell your current home...then tell them to go F themselves. We had someone do that to us when we were changing houses. In the middle of the transaction, my kid died, and they knew about it. Knowing we were beyond stressed, they tried to screw us for a 10k allowance for a roof at the finish line. That was about 5 years ago. If I saw them or their dirt bag realtor on the street, I would run them over, then back up and do it again.
 
That is a game that is played frequently. Your move, if possible, is to qualify for your new home without a requirement to sell your current home...then tell them to go F themselves. We had someone do that to us when we were changing houses. In the middle of the transaction, my kid died, and they knew about it. Knowing we were beyond stressed, they tried to screw us for a 10k allowance for a roof at the finish line. That was about 5 years ago. If I saw them or their dirt bag realtor on the street, I would run them over, then back up and do it again.

Sorry to hear about your child and I know nothing about your situation but I wonder if they would have done that to you anyway....I know with firms like Blackrock its just built into their business model and in your case if they had planned on trying it anyway, then the fact you lost a child was just a coincidence, maybe?
 
If I wanted to get crypto exposure today, and didnt have time to set up a wallet or coinbase account, what is the best investment vehicle? Grayscale BTC trust?
 
Sorry to hear about your child and I know nothing about your situation but I wonder if they would have done that to you anyway....I know with firms like Blackrock its just built into their business model and in your case if they had planned on trying it anyway, then the fact you lost a child was just a coincidence, maybe?
Through our dimwit realtor, we told them that there would be no further negotiations or allowances given. That was before my son passed. The buyers, and I think their realtor, were contractors. The condition of the roof, which wasnt that bad, was known on day one.
 
Do you have bad flipping stories or back then was it pretty easy to at the very least make a few thousand off each house?
No, but when some conglomerate like Blackrock comes and buys up all the available housing in order to rent out the city it just makes it tough for a young couple to buy a home and have something of their own. It pisses me off. When I buy a house, it's just one, not 20 houses.

My average was 40k profit per flip. Took average about a year though per flip mostly because it wasn't full time work, I did them on the weekends.
 
  • Like
Reactions: BTF69
Very good friend of mine sold his house in Atlanta to Blackrock....they inspected it prior of course, made him an offer he accepted, then the nite before close...less than 24hrs mind you, they email him and say his home needs a new roof so they have to deduct 8K from their offer if he wishes to complete the sale, to which he reminded them they inspected it first, approx 20 days ago, why is this just now coming up? No reply other than to say they were deducting 8K due to the roof and to let them know if he still wanted to sell it to them. Due to their timing (which of course Blackrock knows) they were forced to accept the discounted rate due to another home they were buying and moving into and needed this deal to go thru....that was about 5 years ago and he still feels guilty for contributing to the demise of American affordable home ownership and wishes he had that one over.
Thats so jacked dude. Sorry to hear that about your friend.

I guess if I have a home to sell in the future and Blackrock wants it, I am going to put the pain in the ass clause in right up front and tell them your friends story and tell them that if they pull some 12 O'clock hour shit with me it costs them 15k over the cost of their exception they are looking to get remediated or they can kick rocks.
 
That is a game that is played frequently. Your move, if possible, is to qualify for your new home without a requirement to sell your current home...then tell them to go F themselves. We had someone do that to us when we were changing houses. In the middle of the transaction, my kid died, and they knew about it. Knowing we were beyond stressed, they tried to screw us for a 10k allowance for a roof at the finish line. That was about 5 years ago. If I saw them or their dirt bag realtor on the street, I would run them over, then back up and do it again.

If I wanted to get crypto exposure today, and didnt have time to set up a wallet or coinbase account, what is the best investment vehicle? Grayscale BTC trust?
Dude sorry to hear about your child, no parent should have to go through that.

Coinbase doesn't take too long. Pretty sure opening a regular investment account would take just as long but here is what I found:

"Dozens of platforms have already submitted applications to the SEC to begin trading bitcoin ETFs, and 11 have been approved so far, including Grayscale, Bitwise, BlackRock, Fidelity, Hashdex, BZX, VanExk, WisdomTree, and Franklin."
 
Dude sorry to hear about your child, no parent should have to go through that.

Coinbase doesn't take too long. Pretty sure opening a regular investment account would take just as long but here is what I found:

"Dozens of platforms have already submitted applications to the SEC to begin trading bitcoin ETFs, and 11 have been approved so far, including Grayscale, Bitwise, BlackRock, Fidelity, Hashdex, BZX, VanExk, WisdomTree, and Franklin."
Thanks. I probably shouldn't have dropped that turd on the board.

My hope was to trade something in my JPM account to make things easy. To clarify, I was looking for a BTC ETF and was curious if one was better than another. (I am not ETF savvy)
 
Thanks. I probably shouldn't have dropped that turd on the board.

My hope was to trade something in my JPM account to make things easy. To clarify, I was looking for a BTC ETF and was curious if one was better than another. (I am not ETF savvy)
Yeah TBH I don't know how they would structure the ETF itself. I know it would contain BTC but what other stocks might be in it I would guess vary by the company you invest with and would have to ask them specifically what are the contents of that ETF...other than BTC obviously.

As I understand ETF's, they are sort of like mutual funds but with a BTC ETF it has some % of the portfolio in BTC. You basically buy in to that ETF but you don't actually own the bitcoins/Satoshi's that was mined therein so you could not get your Satoshi's or whole Bitcoins paid out to you on a hard crypto wallet, you could only trade the whole ETF.

At least that is how I understand it. I don't trade ETF's myself so maybe there is someone who could point out where I am wrong.
 
Shout out to @dsmalls3 again. GSOL up 58% since I got into it. Also BTC is now breaking out of its long term down trend after bouncing down and consolidating just below it. A potential perfect breakout likely meaning we’ll see new all-time highs. Stay in these things until the chart tells you to exit folks
 
Shout out to @dsmalls3 again. GSOL up 58% since I got into it. Also BTC is now breaking out of its long term down trend after bouncing down and consolidating just below it. A potential perfect breakout likely meaning we’ll see new all-time highs. Stay in these things until the chart tells you to exit folks
VeChain is up 25% on the day so far
 
If I wanted to get crypto exposure today, and didnt have time to set up a wallet or coinbase account, what is the best investment vehicle? Grayscale BTC trust?
This is what I’m doing in my IRA. GBTC and GSOL. There may be others available and they will probably be adding more. Full disclosure I've been called foolish by the hardcore crypto bros for doing this, since it’s not “the real thing” and maybe I am but so far it has worked out really well.
 
Is Coinbase pro the same as Coinbase advanced? I log in to Coinbase and there is a toggle for Coinbase Advanced.

The background turns black and there are a ton of super busy charts.
 
Only 3,000?

I started buying them years ago when it was under a dollar per share. So I have 1,000,000 shares.
Been buying since 2011. I didn't know anything about the company, but luckily my grandson did and told me all about them. Good luck to all longs.
 
  • Love
Reactions: BTF69
I didn't either but i do want to buy more if BTC dips down to about 35, so I've been waiting for that and this is just tempting me to take profits now

Not sure that will happen anytime soon.. 50 might be the floor the rest of this year . Im waiting to see what Solana does. Will buy more in mid 90s.. a lot more in the 80s
 
  • Like
Reactions: Dean Pope
Cardano has sucked balls .., my worst performing asset.
I no longer own any Cardano, but when I studied it I liked the long term approach that they had with it. But then there's newer competition out there and I wonder if Cardano will ever fulfill its potential.
 
ADVERTISEMENT
ADVERTISEMENT