Bitcoin

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bindweed
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Re: Bitcoin

Post by bindweed » March 17th, 2021, 7:54 am

It's been fun trading Tesla but I have concluded it's a poor way to try to own Bitcoin. The more I research the more I agree that it's to risky to own Bitcoin. Greed is an amazing trait and hard to not get caught up in.

RichardZ
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Pick 'Em

Post by RichardZ » March 19th, 2021, 3:56 pm

Is the Bitcoin buy the reason for Tesla losing a third from its high?
"At the core of Liberalism is the spoiled child... miserable, as all spoiled children are. Unsatisfied, demanding, ill-disciplined despotic and useless. Liberalism is a philosophy of sniveling brats"...P. J. O'Rourke

bindweed
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Post by bindweed » March 20th, 2021, 9:35 am

RichardZ wrote:
March 19th, 2021, 3:56 pm
Is the Bitcoin buy the reason for Tesla losing a third from its high?


No Tesla is in a huge trading range. Some swear by it and some hate it. Bitcoin has been up as Tesla has gone down. So not a good way to own Bitcoin.

bindweed
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Post by bindweed » April 19th, 2021, 9:07 am

I bought Coinbase Global this morning at 330.00 per share. Bitcoin is to expensive and this is a cheaper way to get into this crazy market. This will probably crash the whole crypto market...LOL. I still think this is a scam, but one can't ignore what is making money. Plus Kathy Wood is pushing Coinbase and owns it.

RichardZ
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Post by RichardZ » April 19th, 2021, 9:08 am

I did the same thing this A.M.

Two crazies....
"At the core of Liberalism is the spoiled child... miserable, as all spoiled children are. Unsatisfied, demanding, ill-disciplined despotic and useless. Liberalism is a philosophy of sniveling brats"...P. J. O'Rourke

bindweed
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Post by bindweed » April 19th, 2021, 11:04 am

Lord help us! It's good to know I'm not alone in this trade. Good luck to us crazies.

ToledoCat#3
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Post by ToledoCat#3 » April 20th, 2021, 5:11 pm

There is a "Gamblers' Anonymous" isn't there? ;)

bindweed
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Post by bindweed » April 21st, 2021, 9:21 am

ToledoCat#3 wrote:
April 20th, 2021, 5:11 pm
There is a "Gamblers' Anonymous" isn't there? ;)



Funny and I think there is. Being a life long farmer I am used to gambling on the farm. To much rain, not enough rain and hoping for no hail. Gambling on what the price of grain's will do and what the government will do to screw you. Wondering if some bug will hurt your crop and having to spray for them.
So I do admit I'm hooked on trading the stock and commodity market's. I'm to old for many of the activities I used to do and this is a great hobby. Plus I love going to Vegas two or three times a year.

RichardZ
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Post by RichardZ » April 22nd, 2021, 9:36 am

This is how much I am a gambler....

A few months ago we and two other couples went to Winstar in OK.

Had a wonderful dinner and hit the tables. Five minutes later I won $100. Says me..."Well, that's it for me. I paid my gas and dinner so I am good with the world."

Looked up one other couple on the floor and they inform me they won $2000 on slots. Jeesh.

Then all four of us went looking for Mike and his wife. Spotted them and there were a lots of activity where they were standing. The casino folks were checking the machine to make sure it was not tampered with. They won $28,000! And, after taxes, they have them the money in hundred dollar bills. I thought that was strange, but that's how they paid it out.

I'm thinking what if an unscrupulous person spotted them with all that walking around money....
"At the core of Liberalism is the spoiled child... miserable, as all spoiled children are. Unsatisfied, demanding, ill-disciplined despotic and useless. Liberalism is a philosophy of sniveling brats"...P. J. O'Rourke

bindweed
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Post by bindweed » April 25th, 2021, 9:10 am

You have some lucky friends Richard. All the times I have been to Vegas I have never seen a person win big on a slot machine. I bought more Coinbase at 290.00. I think I jinxed Cathie Wood, she put 480 million in Coinbase.
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