Crypto-Climate Watch List

duncan61 wrote:Solana
Profit/Loss AU$‪264.17. Tempting to close now but I am going to HODl because I am a desperate gambler

IBdaMann wrote:
Question: Is Pitbull's price currently $0.0000000006405?

Did I count nine zeroes after the decimal?

Is that half of its $0.000000001285 price on 13 December 2021?
.
Is that 6.405% of its all-time high price of $0.00000001?


Conclusion: It must be on the verge of mooning. Buy it now on the dip.

gfm7175 wrote:IBD

oes your family member still have money in Cardano? I remember when it was around the $2 mark (and high $1's)... It's now at $0.48 ... Damn...

Gonna "buy on the dip", Xadoman??

Xadoman wrote:The inflation is way out of hands. People will lose their savings anyway trying to pay for heating and electricity bills. Electricity and gas has made a beautiful 10x from last year.

Xadoman wrote:Energy bills are going to be in thousands in this winter if using heat pump.

Xadoman wrote: I have a wood stove and enough firewood so I am good.

Xadoman wrote:My little hobby garage has a heat pump and at the moment I am good because I have a contract with fixed very cheap electricity price.

IBdaMann wrote:

gfm7175 wrote:IBD

oes your family member still have money in Cardano? I remember when it was around the $2 mark (and high $1's)... It's now at $0.48 ... Damn...

I have not asked. Our previous conversations on the matter were polite with some underriding tension that kept them brief.

Nobody likes to have embarrassing financial decisions scrutinized by others, much less engage in conversations about how one was gullible enough to allow one to be guided by the obvious FOMO of friends. No one likes to be disappointed by learning that all of his excitement was based on trusting what is pretty much a scam, i.e. having been lied to. I've been meaning to ask if family member ever "got out" but I'll do that at a later time.

By the way, I asked family member to peruse this site, along with the crypto threads and the ones where family member was mentioned. Family member did so and only really responded with a "that's cool" however I believe that some good knowledge was absorbed. It's one of the reasons squeal over can cite as to why Climate-Debate is perhaps the top internet discussion site, i.e. the good knowledge is not is not censored out by any mindless collective.

Xadoman wrote:

Gonna "buy on the dip", Xadoman??

I am bone dry and unemployed at the moment. I will leach as much as possible from the goverment to get a small vacation from wageslaving hell. Also, we have a hard crypto winter and things are still moving downside. I think we are not at the bottom yet. Pitbull has been holding up quite well. Too well compared to others and it seems too good to be true. I think it will go down more.
Also, I have been investing in too many coins that have disappeared. Rug pulled or whatever. I could have made money with almost( not with solchicks

) all of them but I did not. That is my lesson. To pull out at the right time.
I am not overly sad about the situation. The inflation is way out of hands. People will lose their savings anyway trying to pay for heating and electricity bills. Electricity and gas has made a beautiful 10x from last year. Energy bills are going to be in thousands in this winter if using heat pump. I have a wood stove and enough firewood so I am good. My little hobby garage has a heat pump and at the moment I am good because I have a contract with fixed very cheap electricity price.

gfm7175 wrote:interesting word choice

IBdaMann wrote:
Reference: The Origin of the term HODLing

Learn it, Live it.

duncan61 wrote:

IBdaMann wrote:

duncan61 wrote:

IBdaMann wrote:One month ago:

Solana High Price:$40.39
Solana Next Day: $44.07

Current Solana Price: $31.57

duncan, did you sell yet or are you still in, clinging to hope that Solana will rise from the ashes?

HODling

Good move, duncan! Solana took its time and got spun around a bit but it looks like it has found its bearings and is on the up

Current Solana Price: $32.43

Solana is poised to moon. Don't get all tempted to cash out too early.

Solana Profit/Loss AU$‪264.17.
Tempting to close now but I am going to HODl because I am a desperate gambler

IBdaMann wrote:

duncan61 wrote:

IBdaMann wrote:

duncan61 wrote:

IBdaMann wrote:One month ago:

Solana High Price:$40.39
Solana Next Day: $44.07

Current Solana Price: $31.57

duncan, did you sell yet or are you still in, clinging to hope that Solana will rise from the ashes?

HODling

Good move, duncan! Solana took its time and got spun around a bit but it looks like it has found its bearings and is on the up

Current Solana Price: $32.43

Solana is poised to moon. Don't get all tempted to cash out too early.

Solana Profit/Loss AU$‪264.17.
Tempting to close now but I am going to HODl because I am a desperate gambler

Xadoman, Duncan,
I want to be the first to congratulate you on your "investment" decision to "invest" with Solana. I watched it moon just as you predicted, delivering exactly the life-changing wealth that you knew would come. You totally threw it back in my face and I have no choice but to admit that you were right.

Well played.

I now see that Solana is gearing up to "moon" once again (yes, already) with its signature price adjustment that signals certain fortune for those clever individuals who are smart enough to take advantage of the "investment" opportunity.

Current Solana Price: $28.15

Swan wrote:LOL Solana is crashing as you babble. Down for the year big time, on Jan 1, 2022 Solana was $172.09 per share so you BOFFOONS lost your shirts

IBdaMann wrote:

Swan wrote:LOL Solana is crashing as you babble. Down for the year big time, on Jan 1, 2022 Solana was $172.09 per share so you BOFFOONS lost your shirts

I have to say, you are quite spot-on with your lightning-fast response to a post you didn't read.

Swan wrote:Actually if you keep your babbles to one line or less, I might read it.

Swan wrote: Now please explain how a crashing stock is a great investment in your opinion

IBdaMann wrote:

Swan wrote:Actually if you keep your babbles to one line or less, I might read it.

Actually, I know you read every word I write. I appreciate that about you.

Swan wrote: Now please explain how a crashing stock is a great investment in your opinion

1. It's not a crashing stock
2. It's not an investment. I'm sure you noticed my placement of the words "invest" and "investment" in quotation marks.
3. It's a cryptocurrency, i.e. it's a pyramid-scheme Ponzy-scheme hybrid. A cryptocurrency is comprised of a bunch of imaginary (read: nonexistent) tokens. There is no intrinsic value. Zero. The only value that an imaginary token has is whatever value someone else can be conned into affording it.
4. You're going to have to ask Xadoman and Duncan why they believe that cryptocurrencies are great investments. Xadoman will likely tell you that cryptocurrencies "can make 1000x" while Duncan will just point out that he is a gambling addict (if he is honest).

Cryptocurrencies that are not Bitcoin are collectively called "Shitcoin." There's a reason for this, i.e. they aspire to reach the value of shit.

Swan wrote:

IBdaMann wrote:

Swan wrote:Actually if you keep your babbles to one line or less, I might read it.

Actually, I know you read every word I write. I appreciate that about you.

Swan wrote: Now please explain how a crashing stock is a great investment in your opinion

1. It's not a crashing stock
2. It's not an investment. I'm sure you noticed my placement of the words "invest" and "investment" in quotation marks.
3. It's a cryptocurrency, i.e. it's a pyramid-scheme Ponzy-scheme hybrid. A cryptocurrency is comprised of a bunch of imaginary (read: nonexistent) tokens. There is no intrinsic value. Zero. The only value that an imaginary token has is whatever value someone else can be conned into affording it.
4. You're going to have to ask Xadoman and Duncan why they believe that cryptocurrencies are great investments. Xadoman will likely tell you that cryptocurrencies "can make 1000x" while Duncan will just point out that he is a gambling addict (if he is honest).

Cryptocurrencies that are not Bitcoin are collectively called "Shitcoin." There's a reason for this, i.e. they aspire to reach the value of shit.

LOL the clueless buffoon apparently does not know that people invest in crypto.

Wow what a moron

https://www.fool.com/investing/stock-market/market-sectors/financials/cryptocurrency-stocks/how-to-invest-in-cryptocurrency/

Cryptocurrency has moved into the mainstream as an investment asset class. If you're looking to add some to your portfolio, it may be difficult to figure out how to get started. Crypto is currently unregulated, and investing in it can feel more Wild West than Wall Street.

Read on to learn the basics of cryptocurrency and how to get started investing in it.


What is cryptocurrency?
Cryptocurrency is a type of digital currency that doesn't rely on a central authority to verify transactions or create new units. Instead, it relies on cryptography to prevent counterfeiting.

Blockchain technology supports cryptocurrency. A blockchain consists of individual blocks of data that can contain information about anything, such as transactions made in a specific cryptocurrency. Each block of data makes a reference to the previous block, creating a chain of blocks. The reference uses cryptography to ensure the chain remains immutable so hackers are unable to change data.

There are thousands of cryptocurrencies in existence right now. That's largely due to the ease of creating a new currency by using smart contracts. New coins can simply piggyback on an existing blockchain that already has a well-established network of computers verifying blocks.

How to pick a cryptocurrency to invest in
Before you go ahead and buy some coins or tokens just because somebody says it's a good investment, it will pay to do some research.

First of all, it's important to understand that picking a good cryptocurrency is not like picking a good stock. A stock represents ownership in a company that creates profits for its shareholders, or at least has the potential to do so. Owning a cryptocurrency represents ownership in a digital asset with zero intrinsic value.

What makes a cryptocurrency increase or decrease in price is simple supply and demand. If there's increased demand and a limited supply increase, the price goes up. If supply becomes constrained, price goes up, and vice versa. So, when evaluating a cryptocurrency, the most important questions to answer are how the supply increases, and what will drive demand for the coin higher.

You can answer those questions by reading the white paper that a cryptocurrency team publishes to attract interest in their project. Look at the roadmap for a project and see if anything could spark an increase in demand. Research the team behind a project and see if they have the skills to execute their vision. Try to find a community of people already investing in the cryptocurrency and gauge their sentiment.

It's also important to consider how much money has already flowed into a cryptocurrency. If the market cap is already very high, there may not be much potential growth left. A high price will curb demand and increase supply as early investors look to take money off the table.

A price graph with cryptocurrency logos superimposed.
Image source: Getty Images.
How to invest in cryptocurrencies
Once you've found a cryptocurrency you think will make a good investment, it's time to start buying.

The first step is to open an account with a cryptocurrency exchange. Most stock brokers don't support trading in cryptocurrency. Coinbase (NASDAQ:COIN) is one of the most popular and beginner-friendly exchanges in the U.S. Other options include Gemini, and newer brokers such as Robinhood (NASDAQ:HOOD) and SoFi (NASDAQ:SOFI) support crypto. Just be sure the exchange you want to use also supports the cryptocurrency you want to buy.

Once you've funded your account with fiat currency, you can make an order to buy your cryptocurrency. Orders on an exchange work the same way as orders in the stock market. The exchange will match your buy order with someone making a sell order at the same price and make the trade.

Once your trade is complete, the exchange will hold your cryptocurrency for you in a custodial wallet.

Buying cryptocurrency is the easy part. As a crypto investor, you have to be prepared for volatility. Crypto, in general, is more volatile than traditional asset classes such as stocks. Price swings of 10% or more in just a few hours are very common.

Additionally, you should consider how much of your portfolio you ultimately want to allocate to a specific cryptocurrency and to the asset class in general. With the volatility of crypto, be sure to give yourself wide bands of acceptable allocations. If your investments fall out of those bands, be sure to rebalance.

Motley Fool Stock Advisor 5 stocks to buy under $49! Learn More »
Advantages and drawbacks to investing in cryptocurrency
Investing in cryptocurrency has a few advantages:

Diversification: The value of cryptocurrency doesn't appear to be correlated with the price of stocks, bonds, or other asset classes. That said, cryptocurrency has only existed for about a decade, so the data is limited in this regard. Theoretically, though, it makes sense that the price of crypto is unrelated to the price of traditional assets.
Return potential: Cryptocurrency has produced extremely strong returns as adoption increases. Most people agree the expected return for a sound cryptocurrency investment is greater than that for stocks.
Additional utility: Unlike stocks, some cryptocurrencies provide utility. Bitcoin (CRYPTO:BTC), for example, can be used to pay for goods and services. Other tokens may provide access to projects or discounts on a project's services.
But there are some big disadvantages for investors as well:

Limited regulation: There's limited regulation in the cryptocurrency industry, which means you don't have the same protections as you do when investing in the heavily regulated stock market. If your account gets hacked, for example, you could find your investment completely gone without any recourse. If the coin you invest in turns out to be a scam, there's nothing you can do. Furthermore, increased regulation may decrease the demand for some cryptocurrencies, adding a risk to the investment.
High volatility: The prices for cryptocurrency can swing wildly on a day-to-day basis. Such massive price swings can be hard for some investors to stomach.
Investing in Cryptocurrency Stocks
These technologies serve as the gateway between the digital blockchain and human society.

How Is Cryptocurrency Taxed? (2021 and 2022 IRS Rules)
This guide will explain everything you need to know about taxes on crypto trading and income.

Is Cryptocurrency a Good Investment?
Read our expert Q&A about what you should know before investing in crypto.

What Is the Next Cryptocurrency to Explode in 2022?
We don't know for certain, but we have a line on eight possibilities.

Top cryptocurrencies to consider as a beginner investor
As a beginning cryptocurrency investor, you shouldn't try to find a diamond in the rough. You should get your feet wet with more established cryptocurrencies that have built-out networks to support them. That will allow you to get more familiar with the mechanics of cryptocurrency investing, as well as how it fits into your portfolio.

Bitcoin (CRYPTO:BTC) is an easy place to start. Every cryptocurrency exchange will support trading in Bitcoin. It's well-established, and you know what you're getting with Bitcoin. It's nothing fancy, just digital cash, but it has a first-mover advantage that had made it widely adopted. That gives Bitcoin a competitive advantage when it comes to being actually usable as a medium of exchange.

Ether (CRYPTO:ETH) is also a good choice for beginner investors. Ethereum's technology is behind most DeFi projects, which use the Ethereum blockchain to execute smart contracts and provide financial services without a central authority. Anytime a user wants to write a smart contract to the blockchain, they'll have to pay Ether to do so. Increased adoption of DeFi applications will lead to greater demand for Ether.

A third option for beginner investors is Cardano (CRYPTO:ADA). Cardano offers an alternative to Ethereum that's designed to be more energy efficient by using a proof-of-stake system to verify blocks on the blockchain. As such, it currently has much lower transaction fees than Ethereum. Additionally, Cardano has a hard cap on the total supply of the token similar to Bitcoin. That means the supply could become constrained in the future, which will drive the price higher.

Making money by investing in cryptocurrencies
Investing in crypto requires you to do your research and be confident enough in your investment to hang on during what's sure to be a wild ride. If you can do that, the payoff could be worth it as the expected returns are higher than most other asset classes

So clueless strikes again

Into the Night wrote:

Swan wrote:

IBdaMann wrote:

Swan wrote:Actually if you keep your babbles to one line or less, I might read it.

Actually, I know you read every word I write. I appreciate that about you.

Swan wrote: Now please explain how a crashing stock is a great investment in your opinion

1. It's not a crashing stock
2. It's not an investment. I'm sure you noticed my placement of the words "invest" and "investment" in quotation marks.
3. It's a cryptocurrency, i.e. it's a pyramid-scheme Ponzy-scheme hybrid. A cryptocurrency is comprised of a bunch of imaginary (read: nonexistent) tokens. There is no intrinsic value. Zero. The only value that an imaginary token has is whatever value someone else can be conned into affording it.
4. You're going to have to ask Xadoman and Duncan why they believe that cryptocurrencies are great investments. Xadoman will likely tell you that cryptocurrencies "can make 1000x" while Duncan will just point out that he is a gambling addict (if he is honest).

Cryptocurrencies that are not Bitcoin are collectively called "Shitcoin." There's a reason for this, i.e. they aspire to reach the value of shit.

LOL the clueless buffoon apparently does not know that people invest in crypto.

Wow what a moron

https://www.fool.com/investing/stock-market/market-sectors/financials/cryptocurrency-stocks/how-to-invest-in-cryptocurrency/

Cryptocurrency has moved into the mainstream as an investment asset class. If you're looking to add some to your portfolio, it may be difficult to figure out how to get started. Crypto is currently unregulated, and investing in it can feel more Wild West than Wall Street.

Read on to learn the basics of cryptocurrency and how to get started investing in it.


What is cryptocurrency?
Cryptocurrency is a type of digital currency that doesn't rely on a central authority to verify transactions or create new units. Instead, it relies on cryptography to prevent counterfeiting.

Blockchain technology supports cryptocurrency. A blockchain consists of individual blocks of data that can contain information about anything, such as transactions made in a specific cryptocurrency. Each block of data makes a reference to the previous block, creating a chain of blocks. The reference uses cryptography to ensure the chain remains immutable so hackers are unable to change data.

There are thousands of cryptocurrencies in existence right now. That's largely due to the ease of creating a new currency by using smart contracts. New coins can simply piggyback on an existing blockchain that already has a well-established network of computers verifying blocks.

How to pick a cryptocurrency to invest in
Before you go ahead and buy some coins or tokens just because somebody says it's a good investment, it will pay to do some research.

First of all, it's important to understand that picking a good cryptocurrency is not like picking a good stock. A stock represents ownership in a company that creates profits for its shareholders, or at least has the potential to do so. Owning a cryptocurrency represents ownership in a digital asset with zero intrinsic value.

What makes a cryptocurrency increase or decrease in price is simple supply and demand. If there's increased demand and a limited supply increase, the price goes up. If supply becomes constrained, price goes up, and vice versa. So, when evaluating a cryptocurrency, the most important questions to answer are how the supply increases, and what will drive demand for the coin higher.

You can answer those questions by reading the white paper that a cryptocurrency team publishes to attract interest in their project. Look at the roadmap for a project and see if anything could spark an increase in demand. Research the team behind a project and see if they have the skills to execute their vision. Try to find a community of people already investing in the cryptocurrency and gauge their sentiment.

It's also important to consider how much money has already flowed into a cryptocurrency. If the market cap is already very high, there may not be much potential growth left. A high price will curb demand and increase supply as early investors look to take money off the table.

A price graph with cryptocurrency logos superimposed.
Image source: Getty Images.
How to invest in cryptocurrencies
Once you've found a cryptocurrency you think will make a good investment, it's time to start buying.

The first step is to open an account with a cryptocurrency exchange. Most stock brokers don't support trading in cryptocurrency. Coinbase (NASDAQ:COIN) is one of the most popular and beginner-friendly exchanges in the U.S. Other options include Gemini, and newer brokers such as Robinhood (NASDAQ:HOOD) and SoFi (NASDAQ:SOFI) support crypto. Just be sure the exchange you want to use also supports the cryptocurrency you want to buy.

Once you've funded your account with fiat currency, you can make an order to buy your cryptocurrency. Orders on an exchange work the same way as orders in the stock market. The exchange will match your buy order with someone making a sell order at the same price and make the trade.

Once your trade is complete, the exchange will hold your cryptocurrency for you in a custodial wallet.

Buying cryptocurrency is the easy part. As a crypto investor, you have to be prepared for volatility. Crypto, in general, is more volatile than traditional asset classes such as stocks. Price swings of 10% or more in just a few hours are very common.

Additionally, you should consider how much of your portfolio you ultimately want to allocate to a specific cryptocurrency and to the asset class in general. With the volatility of crypto, be sure to give yourself wide bands of acceptable allocations. If your investments fall out of those bands, be sure to rebalance.

Motley Fool Stock Advisor 5 stocks to buy under $49! Learn More »
Advantages and drawbacks to investing in cryptocurrency
Investing in cryptocurrency has a few advantages:

Diversification: The value of cryptocurrency doesn't appear to be correlated with the price of stocks, bonds, or other asset classes. That said, cryptocurrency has only existed for about a decade, so the data is limited in this regard. Theoretically, though, it makes sense that the price of crypto is unrelated to the price of traditional assets.
Return potential: Cryptocurrency has produced extremely strong returns as adoption increases. Most people agree the expected return for a sound cryptocurrency investment is greater than that for stocks.
Additional utility: Unlike stocks, some cryptocurrencies provide utility. Bitcoin (CRYPTO:BTC), for example, can be used to pay for goods and services. Other tokens may provide access to projects or discounts on a project's services.
But there are some big disadvantages for investors as well:

Limited regulation: There's limited regulation in the cryptocurrency industry, which means you don't have the same protections as you do when investing in the heavily regulated stock market. If your account gets hacked, for example, you could find your investment completely gone without any recourse. If the coin you invest in turns out to be a scam, there's nothing you can do. Furthermore, increased regulation may decrease the demand for some cryptocurrencies, adding a risk to the investment.
High volatility: The prices for cryptocurrency can swing wildly on a day-to-day basis. Such massive price swings can be hard for some investors to stomach.
Investing in Cryptocurrency Stocks
These technologies serve as the gateway between the digital blockchain and human society.

How Is Cryptocurrency Taxed? (2021 and 2022 IRS Rules)
This guide will explain everything you need to know about taxes on crypto trading and income.

Is Cryptocurrency a Good Investment?
Read our expert Q&A about what you should know before investing in crypto.

What Is the Next Cryptocurrency to Explode in 2022?
We don't know for certain, but we have a line on eight possibilities.

Top cryptocurrencies to consider as a beginner investor
As a beginning cryptocurrency investor, you shouldn't try to find a diamond in the rough. You should get your feet wet with more established cryptocurrencies that have built-out networks to support them. That will allow you to get more familiar with the mechanics of cryptocurrency investing, as well as how it fits into your portfolio.

Bitcoin (CRYPTO:BTC) is an easy place to start. Every cryptocurrency exchange will support trading in Bitcoin. It's well-established, and you know what you're getting with Bitcoin. It's nothing fancy, just digital cash, but it has a first-mover advantage that had made it widely adopted. That gives Bitcoin a competitive advantage when it comes to being actually usable as a medium of exchange.

Ether (CRYPTO:ETH) is also a good choice for beginner investors. Ethereum's technology is behind most DeFi projects, which use the Ethereum blockchain to execute smart contracts and provide financial services without a central authority. Anytime a user wants to write a smart contract to the blockchain, they'll have to pay Ether to do so. Increased adoption of DeFi applications will lead to greater demand for Ether.

A third option for beginner investors is Cardano (CRYPTO:ADA). Cardano offers an alternative to Ethereum that's designed to be more energy efficient by using a proof-of-stake system to verify blocks on the blockchain. As such, it currently has much lower transaction fees than Ethereum. Additionally, Cardano has a hard cap on the total supply of the token similar to Bitcoin. That means the supply could become constrained in the future, which will drive the price higher.

Making money by investing in cryptocurrencies
Investing in crypto requires you to do your research and be confident enough in your investment to hang on during what's sure to be a wild ride. If you can do that, the payoff could be worth it as the expected returns are higher than most other asset classes

So clueless strikes again

Blockchain systems are imaginary in value as a currency. That's the imaginary token IBdaMann was referring to. There is no inherent value in any blockchain. It effectively operates as a pyramid scheme.

Swan wrote:Crypto is an investment, now grow up

IBdaMann wrote:

Swan wrote:Crypto is an investment, now grow up

Swan, yes or no, do you know the difference between:
1. Investing
2. Speculating
3. Gambling
4. Gambling in a rigged casino
?

If you answer "no" then I appreciate you being honest.

If you answer "yes" then would you mind explaining how exchanging real money for imaginary money is an investment?

Swan wrote:

IBdaMann wrote:

Swan wrote:Crypto is an investment, now grow up

Swan, yes or no, do you know the difference between:
1. Investing
2. Speculating
3. Gambling
4. Gambling in a rigged casino
?

If you answer "no" then I appreciate you being honest.

If you answer "yes" then would you mind explaining how exchanging real money for imaginary money is an investment?

All casinos are rigged in favor of the house, this is not even illegal.

Swan wrote: The difference between viewing the markets as gambling

Swan wrote: as being investments is the IQ of the investor who speculates on stocks.

IBdaMann wrote:

Swan wrote:

IBdaMann wrote:

Swan wrote:Crypto is an investment, now grow up

Swan, yes or no, do you know the difference between:
1. Investing
2. Speculating
3. Gambling
4. Gambling in a rigged casino
?

If you answer "no" then I appreciate you being honest.

If you answer "yes" then would you mind explaining how exchanging real money for imaginary money is an investment?

All casinos are rigged in favor of the house, this is not even illegal.

So this is your long-winded way of saying that you do not know the difference 1. Investing, 2. Speculating, 3. Gambling and 4. Gambling in a rigged casino.

That's all you had to say.

Swan wrote: The difference between viewing the markets as gambling

I didn't say that. Investing is not gambling. I just wanted to establish that you don't know the difference.

Swan wrote: as being investments is the IQ of the investor who speculates on stocks.

Thank you for helping me establish that you don't know the difference between investing and speculating.

It really is all you had to say.

.

Swan wrote:Again, all casinos are rigged in favor of the house.

Swan wrote:Let me know when you retire on your speculations like I did.

IBdaMann wrote:

Swan wrote:Crypto is an investment, now grow up

Swan, yes or no, do you know the difference between:
1. Investing
2. Speculating
3. Gambling
4. Gambling in a rigged casino
?

If you answer "no" then I appreciate you being honest.

If you answer "yes" then would you mind explaining how exchanging real money for imaginary money is an investment?

Swan wrote:

IBdaMann wrote:

Swan wrote:Crypto is an investment, now grow up

Swan, yes or no, do you know the difference between:
1. Investing
2. Speculating
3. Gambling
4. Gambling in a rigged casino
?

If you answer "no" then I appreciate you being honest.

If you answer "yes" then would you mind explaining how exchanging real money for imaginary money is an investment?

All casinos are rigged in favor of the house, this is not even illegal. The difference between viewing the markets as gambling and as being investments is the IQ of the investor who speculates on stocks.

So yea I know and as a result I am fully retired while you slave for the man

Swan wrote:

IBdaMann wrote:

Swan wrote:

IBdaMann wrote:

Swan wrote:Crypto is an investment, now grow up

Swan, yes or no, do you know the difference between:
1. Investing
2. Speculating
3. Gambling
4. Gambling in a rigged casino
?

If you answer "no" then I appreciate you being honest.

If you answer "yes" then would you mind explaining how exchanging real money for imaginary money is an investment?

All casinos are rigged in favor of the house, this is not even illegal.

So this is your long-winded way of saying that you do not know the difference 1. Investing, 2. Speculating, 3. Gambling and 4. Gambling in a rigged casino.

That's all you had to say.

Swan wrote: The difference between viewing the markets as gambling

I didn't say that. Investing is not gambling. I just wanted to establish that you don't know the difference.

Swan wrote: as being investments is the IQ of the investor who speculates on stocks.

Thank you for helping me establish that you don't know the difference between investing and speculating.

It really is all you had to say.

.

Again, all casinos are rigged in favor of the house. You just proved that you are clueless and the world would be better off if your mother used her abortion rights.

Let me know when you retire on your speculations like I did.

IBdaMann wrote:

Swan wrote:Again, all casinos are rigged in favor of the house.

Irrelevant. This complete change of topic is nothing but a distraction.

Swan wrote:Let me know when you retire on your speculations like I did.

Rather than speculate, I have invested in real estate.

Into the Night wrote:

Swan wrote:

IBdaMann wrote:

Swan wrote:Crypto is an investment, now grow up

Swan, yes or no, do you know the difference between:
1. Investing
2. Speculating
3. Gambling
4. Gambling in a rigged casino
?

If you answer "no" then I appreciate you being honest.

If you answer "yes" then would you mind explaining how exchanging real money for imaginary money is an investment?

All casinos are rigged in favor of the house, this is not even illegal. The difference between viewing the markets as gambling and as being investments is the IQ of the investor who speculates on stocks.

So yea I know and as a result I am fully retired while you slave for the man

Spoken like a true gambler. Most gamblers thinks they're a winner, even when they're losing.

Into the Night wrote:

IBdaMann wrote:

Swan wrote:Again, all casinos are rigged in favor of the house.

Irrelevant. This complete change of topic is nothing but a distraction.

Swan wrote:Let me know when you retire on your speculations like I did.

Rather than speculate, I have invested in real estate.

Usually an excellent place to invest. It's possible to do it wrong, of course (such as the house flipping craze that ended in disaster), but it IS among the best of investments. You can just sit on it, improve it, use it for some purpose, and sell it after such improvements to make a LOT of money on a single transaction.

Swan wrote:Except his house is a west virginia trailer

Swan wrote:

Into the Night wrote:

Swan wrote:

IBdaMann wrote:

Swan wrote:Crypto is an investment, now grow up

Swan, yes or no, do you know the difference between:
1. Investing
2. Speculating
3. Gambling
4. Gambling in a rigged casino
?

If you answer "no" then I appreciate you being honest.

If you answer "yes" then would you mind explaining how exchanging real money for imaginary money is an investment?

All casinos are rigged in favor of the house, this is not even illegal. The difference between viewing the markets as gambling and as being investments is the IQ of the investor who speculates on stocks.

So yea I know and as a result I am fully retired while you slave for the man

Spoken like a true gambler. Most gamblers thinks they're a winner, even when they're losing.

Never been inside a casino in my life, and there is no need to start now that I am retired.

Enjoy doing what you are told

IBdaMann wrote:

Swan wrote:Except his house is a west virginia trailer

It's not my house, but yes, I do have a West Virginia trailer. I have several trailers for tailgate parties in those respective states.

How did you know I had a West Virginia trailer? You're pretty keen. You must have a 13.0 IQ.

Into the Night wrote:

Swan wrote:

Into the Night wrote:

Swan wrote:

IBdaMann wrote:

Swan wrote:Crypto is an investment, now grow up

Swan, yes or no, do you know the difference between:
1. Investing
2. Speculating
3. Gambling
4. Gambling in a rigged casino
?

If you answer "no" then I appreciate you being honest.

If you answer "yes" then would you mind explaining how exchanging real money for imaginary money is an investment?

All casinos are rigged in favor of the house, this is not even illegal. The difference between viewing the markets as gambling and as being investments is the IQ of the investor who speculates on stocks.

So yea I know and as a result I am fully retired while you slave for the man

Spoken like a true gambler. Most gamblers thinks they're a winner, even when they're losing.

Never been inside a casino in my life, and there is no need to start now that I am retired.

Enjoy doing what you are told

Apparently you have. You even admitted to gambling.

Swan wrote:LOL, actually I live in a state with legal casino's

Swan wrote: and have never been in one for any reason.

Swan wrote:On the other hand I bought Apple stock.