Favorite team:Auburn 
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Number of Posts:1977
Registered on:9/20/2020
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I collect rare antique fishing lures and all other fishing equipment (rods, reels, tackle boxes, bobbers, bait boxes/buckets, magazines and more), plus antique hand carved wooden ducks, and also antique tools. I basically have created a fishing museum in my basement and an antique tool display room...

re: Official CryptoTalk Thread

Posted by 98eagle on 5/18/24 at 3:46 pm
[quote]Trying to explain cold wallets to someone whos not balls deep in crypto is almost impossible[/quote] I agree. It's really not that complicated, but it can be scary for first time users of cold wallets. I remember doing this years ago for the first time. I would always do a small transac...

re: Official CryptoTalk Thread

Posted by 98eagle on 5/18/24 at 2:45 pm
[quote]Coinbase is going to get left out in the cold it looks like.[/quote] Just wait until Fidelity upgrades it's Fidelity Crypto service to operate just like Coinbase. Ive talked with Fidelity several times earlier this year about this. They say they are working on it and planning to implemen...

re: BITO question

Posted by 98eagle on 5/16/24 at 7:29 pm
[quote]They won't issue a dividend every month; only when BTC goes up a lot.[/quote] That's not totally true, although I do agree that BITO's dividend should be better the higher and faster that Bitcoin climbs. Also, BITO's decay should be less as long as Bitcoin is climbing or falling. Worst c...

re: Official CryptoTalk Thread

Posted by 98eagle on 5/16/24 at 7:09 pm
[quote]Can BITO go to 0 or have a massive drop relative to BTC price?[/quote] If Bitcoin goes up, BITO goes up. If Bitcoin goes down, BITO goes down. BITO tracks Bitcoin very much like the Spot Bitcoin ETFs, but like all derivatives it usually does experience a small degree of decay every time ...

re: Official CryptoTalk Thread

Posted by 98eagle on 5/16/24 at 6:29 pm
Why not both? Actually there are 3 categories of Bitcoin investments. I'm an advocate for owning Bitcoin directly, owning the Spot Bitcoin ETFs, and learning how to take advantage of Bitcoin Futures/Options/Derivatives. Bitcoin is great for holding for long term performance and security aga...

re: Official CryptoTalk Thread

Posted by 98eagle on 5/16/24 at 5:43 pm
[quote]And money talk still thinks its worthless.[/quote] So true. Every day it seems another giant in the financial industry announces they are joining the Bitcoin bandwagon. It's getting to be more and more like a feeding frenzy. The Chicago Mercantile Exchange (CME) announced today that t...

re: Anyone retire early early?

Posted by 98eagle on 5/12/24 at 7:43 pm
I retired early 5 years ago. My wife retired super early 10 years before me. We love every minute of it. She was working herself way too hard with her successful business while my corporate job was super stressful for a long time with lots of free overtime and zero appreciation by my bosses. I fe...
I agree. I deserve all of the down votes I can get for my poor judgement. Having no diversification at all is actually really bad advice....
[quote]Bitcoin and investment are contradictory in the same sentence[/quote] I respect your opinion, and a lot of people feel the same way as you do. I've been a believer in Bitcoin since 2016. I'm not sure what to call it if it not an investment. Maybe "massive money maker for those who ...
[quote]Dude[/quote] Glad I made you laugh! Seriously, go check out BITO if you like Bitcoin as an investment. They could only put a much smaller amount in it if they decided they want to try it. I'm making a killing on it. BITO is one of ProShares ETFs, so it's legit. ProShares has 144 ET...
This is what I would do if I just retired with $1.2 Million, Obviously there are risks so this is not investment advice. Do your own research. Put $1 Million in BITO and $200K in cash. That's about 40,000 shares of BITO. BITO's monthly dividend might pay $1 or more per share per month. Th...

re: Pit Boss is about dead

Posted by 98eagle on 5/7/24 at 11:25 pm
I'm considering a Weber Kettle also. Do steaks, chickens, burgers, sausage and ribs taste better on it than on a good pellet grill? I'm also considering the new Weber Searwood Pellet Grill, but it costs several times more. It seems like a heavy solid grill, easy to use and clean, will sear meats,...
[quote]'m assuming any FBTC bought prior to 8/1 one get that charge...maybe? And anyone able to explain a scenario of how this will be charged? Ie...if I bought 10 shares of FBTC after 8/1...how does that 25 basis points get charged?[/quote] Just like any other ETF, Fidelity will just deduct this...
[quote]Hyundai Santa Fe[/quote] I agree. Hyundai Santa Fe looks to me like the biggest transformation....
The opening to Independence Day was pretty awesome, especially with a nice surround sound system....

re: Official CryptoTalk Thread

Posted by 98eagle on 5/4/24 at 7:37 pm
Anyone else invested in BITO?...

re: Derby Draw

Posted by 98eagle on 5/4/24 at 7:22 pm
[quote]Sierra knocked his back end out from under him[/quote] Definitely Sierra Leone almost knocked Forever Young to the ground. Those two would have easily finished 1st and 2nd if they wouldn't have been pounding against each other down the stretch. Hard to say which one would have won without...