CRYPTOCURRENCY!

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CRYPTOCURRENCY!

Hi Friends!

I am very involved in Cryptocurrency as an investment. I realize this is not a Crypto website but I own this website and I think there are many people on here like myself that invest in Crypto. Let's talk about it! Share your expertise, recommendations, and ask questions. 

Let's help each other make money with Crypto!

Members: 70
Latest Activity: Nov 13

Discussion Forum

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Comment by Admin on November 13, 2022 at 3:10pm

Ron and Lou.

I am going to try to stay out of financial discussions at this time. Lou you are right, we will now be a communist nation and I honestly do not know what the future holds. Scary times to say the least. If you can, consider cash flowing 1 - 4 unit rental properties. If not, stay liquid.

Sorry I cannot add more input but I am very concerned about what the future holds for this country and I do not want to be the person responsible for giving out incorrect financial advise. At this time, nobody's opinion is any better or worse than anyone else's. My only advice: be good to the people that are good to you. Love your family and friends. The good 50% of this Nation have many concerns right now and I do not have better information than any other investor at this time.

I will say this about crypto: Don't buy it today. Wait for a big dip, The market will go down. How could it not... Look at America right now.

Monty

Comment by Louis Rosenberg on November 13, 2022 at 2:35pm

Hi Ron.

My thought is that the democrats have cheated their way to not only the Senate but also the House of Representatives. This means America is now a true communist Nation and things are going to change for the negative. How that affects crypto: It will be regulated and the opportunity for huge returns like many of us were seeing two and three years ago is now gone. This is just my opinion. For that reason, I will no longer purchase cryptocurrency. I have quite a bit of it, in my opinion, and will likely hold most of it but with the political climate where it now is, and likely NEVER changing again, I no longer hold the opinion that wealth can be created through crypto. 

We have to invest and I would say that right now putting your money into real estate is the best possible place for it. I have recently been purchasing silver coins, and I am going to liquidate some of my money and hold it as actual cash because things are very scary and uncertain right now. Not trying to freak anyone out but this is how politics have affected things. My advice right now is this:

1) Real estate in the form of cash flowing rentals

2) Hold cash in a safe place, maybe your bank, maybe at your home

3) Silver and Gold will never make you significant money as investments but in a communist Nation, it is hard to trust anyone to hold your funds. Silver and Gold are tradeable in the event that we cannot access bank funds or stock.

Just my thoughts. Monty? You have an opinion here?

Big Lou

Comment by Ron Teves on November 13, 2022 at 10:33am

Crypto is down with the news the democrats have stolen the Senate. To Louis, Monty or anyone else that might know, is now a good time to purchase crypto? If not now, do you think it will keep going down in price as the democrats steal the vote for the House, or do you think the crypto opportunity is over?

I ask because I currently have zero crypto but am intrigued. Any thoughts from someone that might know, would be very appreciated.

Ron Teves

Comment by Louis Rosenberg on November 3, 2022 at 11:53am

OK, obviously our current Presidential administration has pretty much destroyed Cryptocurrency but good money can still be made on certain coins. Here is one success... Monday of this week I purchased a nice amount of GITCOIN at $2.03. This morning, GITCOIN was trading at $2.91. That is an increase of over 45% in just 3 days! Another thing to think about is this... Elon Musk now owns Twitter and is a huge fan of Dogecoin and Shiba Inu. Since he has a large stake in both (supposedly) it might be smart to have a decent amount of one or both of these because when he tweets about them, their price goes up significantly!

Just my two cents!

Comment by Shaun Tollman on October 8, 2022 at 8:26pm

Now that I finally can invest in cryptocurrency, I am not sure I want to. I think bitcoin will come back and do well but when I look at the stock market and yes, what our disgusting America hating President has done to our economy, I think I would rather put money into the market and just wait for the days when we have a real President. With that real President will come economic recovery. Lower gas prices, cost of living, rebounding stocks and crypto market. A new President like Abbott or DeSantis will change everything about our country and stocks will follow right along.

Comment by Louis Rosenberg on October 8, 2022 at 12:53pm

Are y’all still buying crypto or has everyone pretty much decided that Biden’s destroying America’s economy has destroyed crypto investing as well? Serious question…

Comment by Monty Yeager on August 14, 2022 at 10:29am

I own a small amount of Shiba, 69.3 million tokens. I am not buying more right now but that is not a negative towards Shiba at all. I am just done with meme tokens unless there is significant real world functionality. Shiba is working hard at that and has some big plans for the future so I may buy later but for now if I buy Crypto is it literally only Bitcoin, Ethereum and Litecoin. I truly favor Bitcoin which won't make me great wealth but if you look at the historic Bitcoin timeline it seems to always rebound strong. If you pop $50k into Bitcoin today, you very well may have $250,000 off that amount 5 to 7 years from now. That is how I look at it. You also might have just $25k from it so only invest what you can afford to lose. The bottom line is research everything, yourself, before you invest in Crypto or Stocks. I research everything and do better than any Stock Broker I have ever met but most people are lazy and want to speak with an "expert" instead of becoming one themselves. People truly make me laugh. If I am parting with my money then I want to know everything before handing it over. Probably why I have some.

* That is not financial advise, just my thoughts. I am not a licensed financial advisor although I feel I know more about investing than most with a "license" hahaha.

Comment by Louis Rosenberg on August 14, 2022 at 10:11am

Just saw that Shiba Inu was up 29% in the last 24 hours, than I looked a couple hours later and it is down over 3% in the last 2 hours. Extremely shaky but lots of long term potential with the daily Shib Burn. Anyone have any thoughts?

Comment by Monty Yeager on August 10, 2022 at 1:57pm

Big Lou! Looks like Bitcoin is up over 2% today so you made a little money on yesterday's investment. Good for you man!

Comment by Louis Rosenberg on August 9, 2022 at 12:06pm

I finally made what I consider to be a big Bitcoin purchase this morning. I bought .4 Bitcoin at a price of $23011. Why? Because I really believe that 2 years from now Bitcoin will be above $75k and I want to triple my money, hopefully do even better than that. Just wanted to put this here since I keep talking about Bitcoin. 

Have a blessed day crypto investors!

Big Lou

 

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