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School me on investing...

Discussion in 'General' started by noles19, Nov 8, 2017.

  1. ChemGuy

    ChemGuy Harden The F%@# Up!

    45ACP and 30-30 aint precious
     
  2. pickled egg

    pickled egg Well-Known Member

    I heart this post. :crackup:
     
    ChemGuy likes this.
  3. auminer

    auminer Renaissance Redneck

    FTFY
     
    ChemGuy likes this.
  4. auminer

    auminer Renaissance Redneck

    You hush until you have my charging station wired. 50 bucks cash money price.
     
    brex and pickled egg like this.
  5. Goldie

    Goldie Banned

    Maybe so, but if it does, then I suggest you load up like yours truly plan on doing, and to bring your average down from $45 so you are not so bitter...lol

    Seriously, read up on JUMIA and I think you would concur it's just a matter of time. This can blow up just like Amazon and MercadoLibre (Meli)-Latin Amazon did. Go look at the charts and data and for the love of GOD do some research on Africa! Don't believe everything you read or hear in the media about Africa. It's booming and has the largest youngest generation on the planet. Technology is advancing there at a really quick pace. pLEO satellite constellations such as Starlink and Kuiper are game changers across the globe.
     
    Last edited: Dec 5, 2024
  6. Goldie

    Goldie Banned

    Auminer how many shares did you buy today? Volume was 3x to 4x times then yesterday, so I'm sure you bought 10 to 15 shares today... :beer: Sumbody knows sumthang and is buying up the shares!:D:D:rolleyes:
     
  7. HPPT

    HPPT !!!

    I knew Jumia long before this thread.
     
    Last edited: Dec 6, 2024
  8. Goldie

    Goldie Banned

    Cool. Do you own shares now and the better question...did you own and sell shares during the last run up to $62?
     
  9. HPPT

    HPPT !!!

    I owned some many years ago. I don't remember where I bought and sold. But I did not get rich.
     
    Boman Forklift likes this.
  10. Boman Forklift

    Boman Forklift Well-Known Member

    Yes, just decided I don't have the balls for it, after being aggressive in the early 2000's and loosing a bunch. I considered putting the proceeds from my building sale a few years ago into bitcoin, even discussed it on here, but decided I couldn't afford to screw myself 2x on aggressive investments.
     
  11. Inst Tech

    Inst Tech ain't no half steppin

    Apparently……..the answer to the title of this thread should have been “Buy a bunch of bitcoin.”
     
  12. auminer

    auminer Renaissance Redneck

    Zero.

    Volume is an irrelevant metric with regards to valuation.

    Average annual GDP per capita in Africa is less than my household's weekly nut. In many countries it's less than my average daily income from scooping dog shit for ~5 hours. ANNUAL. Less than I make in 5 hours doing utterly unskilled manual labor.

    Let's whoa up on the cheerleading.
     
    05Yamabomber likes this.
  13. 418

    418 Expert #59

    Interesting point.

    Bitcoin price in November,8 2017 high was $7776. That's a 1200% return at today prices.

    You what was the rate of return for Tesla during the same period?

    Nearly 1700%.

    And Tesla makes an actual product, something tangiable you can actually touch, judge and account for.
     
    05Yamabomber likes this.
  14. 05Yamabomber

    05Yamabomber Dammit Haga

    Hard to ignore the money that can be made though in crypto. I have been too nervous to do something stupid with money but I am in it. Been in it for a long time with XRP. I talked to the old wise man about Crypto years ago and he referred to it as the "tulips" craze. But, years later and its still here. Hard to ignore. Still feel like its meme stocks. But hard to watch all these people keep making a shit ton of money on it and just sit on the sideline. Even in common stocks there is no guarantee and you can lose your ass just as easy.
     
    Boman Forklift likes this.
  15. R1Racer99

    R1Racer99 Banned

    I turned 10k into 4k last year on bitcoin, doge, and shiba. Sold at the bottom before it quadrupled. Perfect timing.
     
    418 likes this.
  16. Boman Forklift

    Boman Forklift Well-Known Member

    Well at least it was only a $6k loss. I've done much worse just racing or buying a car, let alone my fantastic stock wisdom in the early 2000's tech crash.
     
    R1Racer99 likes this.
  17. R1Racer99

    R1Racer99 Banned

    Yep, just annoying, happy it wasn’t more.
     
    Boman Forklift likes this.
  18. Jedb

    Jedb Professional Novice :-)

    You need an "Anti-Instinct" strategy.
    Whatever you think, do a 180...
     
    R1Racer99 likes this.
  19. Clay

    Clay Well-Known Member

    I'm very happy to have investments in crypto, precious metals, brass, lead, and stocks. Many baskets. Some aren't much and some are. This is an investments thread. Those are all investments. Oh, I have some baseball cards too!
     
  20. Knotcher

    Knotcher Well-Known Member

    HODL
     
    sanee likes this.

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