You can buy fractional shares in it. That’s what I do with crypto. 

And sorry. I screwed up POWW this morning...cause I bought more. Then it headed down. Lol

2 hours ago, Cheflife15 said:

What are some good books on reading charts? Ive been doing well by googling and researching companies as opposed to trends however i understand the importantsce of said trends. 

'old practice' but in today's highly manipulated markets, they don't mean nearly as much.

5 hours ago, Displaced Texan said:

You can buy fractional shares in it. That’s what I do with crypto. 

And sorry. I screwed up POWW this morning...cause I bought more. Then it headed down. Lol

I thought it was me...lol

BWEN is one I expect to go up long term. 

Pretty much all of mine are down today. Dow and Nasdaq are as well. 
At least MVIS and POWW  are holding ground from opening bell. 

 

Apparently, the market didn't like Joe's Socialist give-away plan last night.

Yeah today wasnt my best day.

 

Check out msos now that dems control everything. Legal weed is guna go up!

I'm not much of a speculator, so most of my holding are municipal bonds and precious metals to help offset the risk of inflation to bonds.  But I recently put some money into shares of Mc Donald's when it was getting hammered.  While I rarely eat there, I admire their business model of giving people the kind of food they want at a price they are wiling to pay, with systems in place that allow them to take people off the street and have them consistently produce their products.  The shares have come back nicely, and I'm sure will do even better after the restrictions on dining are eventually lifted.  Plus, I believe it pays a decent dividend.

Also, I dumped a few bucks into an ETF that holds cryptocurrencies a few months ago, and my timing was fortuitous, as it has nearly tripled in that time.  Wish I had put a lot more into it, but isn't that always the way?

 

I'll LTC to the ETH I was talking about earlier

all of them are trading in tandem with BTC but ETH has the ability and probably will at some point, break away and trade on it's own.  the weekends push up the price and 20%-30% swings are typical in crypto so not for the faint of heart.

I like these two, these two I have money in

Curious if anyone is tracking arkw as it moves with bitcoin? 

Its at 140ish and projected to be around 200 im 3 months. 

1 hour ago, Cheflife15 said:

Curious if anyone is tracking arkw as it moves with bitcoin? 

Its at 140ish and projected to be around 200 im 3 months. 

Tracking it now. $156

Crypto is the way to go!!  I'm loving ADA / Cardano.  still undervalued at .30  You can earn 5% interest.  Compounding if you leave it and forget it.    ARKW I'm gonna check that out.  

5 minutes ago, Family1st said:

Crypto is the way to go!!  I'm loving ADA / Cardano.  still undervalued at .30  You can earn 5% interest.  Compounding if you leave it and forget it.    ARKW I'm gonna check that out.  

Crypto scares me a bit as the potential for loss is too much for me. Investing in stocks that follow crypt feels slightly safer. Maybe I just need some lessons on investing in them though.

if buying crypto, stick to the big 3; btc, eth, ltc as these are the ones to own

 

 

Just now, RUTGERS95 said:

if buying crypto, stick to the big 3; btc, eth, ltc as these are the ones to own

 

 

And how secure are online wallets? With crypto is it possible to lose more than your initial investment? 

2 hours ago, Cheflife15 said:

Crypto scares me a bit as the potential for loss is too much for me. Investing in stocks that follow crypt feels slightly safer. Maybe I just need some lessons on investing in them though.

I agree with you. At least, when you buy a stock, you're buying a piece of a company..

With crypto, you're buying air...  what ever someone wants to value that air at...

52 minutes ago, Cheflife15 said:

And how secure are online wallets? With crypto is it possible to lose more than your initial investment? 

well with any investment you can lose more than your initial investment so that is a moot point.

I don't use online wallets but paypal lets you store there and they let you buy coins as well

6 hours ago, RUTGERS95 said:

well with any investment you can lose more than your initial investment so that is a moot point.

I don't use online wallets but paypal lets you store there and they let you buy coins as well

Im referring to stocks. As long as your not playing with margin you'll never lose more than your initial investment. 

10 hours ago, Cheflife15 said:

Im referring to stocks. As long as your not playing with margin you'll never lose more than your initial investment. 

Correct. 

11 hours ago, Cheflife15 said:

Im referring to stocks. As long as your not playing with margin you'll never lose more than your initial investment. 

How so?  Anything you put into the market you could lose

45 minutes ago, Displaced Texan said:

Correct. 

No...nothing is guaranteed, not even mmkt funds backed by tbills if rates go negative.  There are zero guarantees you will not lise your initial investment.  Where are you guys getting this?

Even stop loss is no guarantee if no one buying

Just now, RUTGERS95 said:

How so?  Anything you put into the market you could lose

Exactly, that's why i said my initial investment. My understanding is once you get into cryto you can actually lose more than you invest on certain platforms. 

Oh..oh...ok I see where you are now.  Apologies for not catching that sooner.  I have had the flu so a little slower:) 

Agree yes, that is correct.

 

Thx for clarification

All good, im usually typing on here at work or the treadmill or something so in not always thorough. 

Edited January 17, 20215 yr by Cheflife15

12 minutes ago, Cheflife15 said:

Exactly, that's why i said my initial investment. My understanding is once you get into cryto you can actually lose more than you invest on certain platforms. 

That makes no sense. For something lauded as a "currency" how can you lose more than your investment? If I buy a bitcoin, how can its value drop below 0? Do certain platforms allow options on the purchase and sale of crypto? 

31 minutes ago, JackDaWack said:

That makes no sense. For something lauded as a "currency" how can you lose more than your investment? If I buy a bitcoin, how can its value drop below 0? Do certain platforms allow options on the purchase and sale of crypto? 

I'm going to dig a little deeper. My boss was explaining this to me but maybe i misinterpreted his words. Let me do a bit of research and iron this out! 

 

So my understanding is its almost necessary to use leverage on platforms like forex (because it moves by such small amounts). So ultimately you can't lose more than your initial investment unless you use leverage.  

1 hour ago, Cheflife15 said:

So my understanding is its almost necessary to use leverage on platforms like forex (because it moves by such small amounts). So ultimately you can't lose more than your initial investment unless you use leverage.  

Wouldn't that be the same as using margin to buy stocks? Otherwise, what Jack said, under normal investing in anything, you can only lose your initial investment.

Or, in the case of what happened back in 2018, where the kids jumped into Bitcoin at 16K, and put it on their credit card, only to see it crash down to 4K, so they lost their initial investment money, and were paying 24% interest rates to pay back their credit card balance. A double lose lose.

7 minutes ago, Sniper said:

Wouldn't that be the same as using margin to buy stocks? Otherwise, what Jack said, under normal investing in anything, you can only lose your initial investment.

Or, in the case of what happened back in 2018, where the kids jumped into Bitcoin at 16K, and put it on their credit card, only to see it crash down to 4K, so they lost their initial investment money, and were paying 24% interest rates to pay back their credit card balance. A double lose lose.

Yes so ultimately i misinterpreted how it was told to me. 

21 minutes ago, Sniper said:

Or, in the case of what happened back in 2018, where the kids jumped into Bitcoin at 16K, and put it on their credit card, only to see it crash down to 4K, so they lost their initial investment money, and were paying 24% interest rates to pay back their credit card balance. A double lose lose.

Anyone who does that is an idiot. 

AAXN is the former “Taser” stock.  They actually make more money in body cameras now.    If you think more civil unrest is in the cards and more less than lethal means needs to be deployed i think it’s revenues are unlimited in the future.  LAPD just renewed their contract and the DEA just signed exclusive deal.