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Any Trump fans want to know what he thinks is most undervalued asset on the planet?
Posted on 3/16/21 at 2:12 am
Posted on 3/16/21 at 2:12 am
Check out time stamp 3:30 link below. Link will not work for Libs! Libs please down vote.
LINK
LINK
This post was edited on 3/16/21 at 2:58 am
5
Posted on 3/16/21 at 2:59 am to JasonWalker1747107
Crypto is the new gold and silver. Embrace it now or miss out on the new gold rush. Years from now people will be talking about the crypto rush.
Posted on 3/16/21 at 8:44 am to tenderfoot tigah
quote:
Embrace it now or miss out on the new gold rush.
I think a lot of people embraced the gold rush and lost a lot of money.
I wouldn’t invest in it until I understood the value behind the technology a little more. Also, buying during a craze with no thesis on why your buying is not a winning strategy.
Like anything else, FOMO is a bad reason to get into anything.
Posted on 3/16/21 at 9:35 am to SaintTiger80
quote:
buying during a craze
I'm mighty leery of buying into a craze. Being an old guy, I've seen too many get burned that way. I guess if you know when to bail it's okay, but I'll give it a wide berth.
Posted on 3/16/21 at 9:43 am to JasonWalker1747107
Take one look at the valuations on these crypto coins and you’ll realize very quickly that it’s a sham. They already have bigger market caps than real companies that have real revenues. It’s another bubble.
Posted on 3/16/21 at 9:51 am to JasonWalker1747107
OP should be considered a textbook example of how to start a thread. 
Posted on 3/16/21 at 9:56 am to Fox McCloud
quote:
Take one look at the valuations on these crypto coins and you’ll realize very quickly that it’s a sham. They already have bigger market caps than real companies that have real revenues. It’s another bubble.
You can embrace change and make money, or you can be a contrarian.
Posted on 3/16/21 at 10:28 am to LSUtoOmaha
quote:
You can embrace change and make money, or you can be a contrarian
So much for being fearful when others are greedy, and greedy when others are fearful.
Posted on 3/16/21 at 10:34 am to LSUtoOmaha
quote:
You can embrace change and make money, or you can be a contrarian.
I don’t believe being skeptical of current cryptos necessarily makes one a contrarian. That time may come, but I think the mainstream thought is still to be skeptical.
Posted on 3/16/21 at 11:03 am to Fox McCloud
quote:
Take one look at the valuations on these crypto coins and you’ll realize very quickly that it’s a sham. They already have bigger market caps than real companies that have real revenues. It’s another bubble.
We have been seeing and will continue to see mass amounts of capital flight into the U.S. as world order/stability breaks down. Bitcoin is one of the many methods being used. The American stock market has vastly outperformed the competition (London, Singapore, Hong Kong, etc.) due to this (as well as the massive amounts of QE). The continued rise of real estate in “Gateway Cities” like NYC, SF, LA, etc. despite a lack of willing tenants is also a sign.
Think of what it was like right before the Japanese bubble burst in the 90’s. We’re experiencing that same effect on a much larger scale. Lots and lots of scared, dumb money looking for somewhere, anywhere to hide.
They know all of these assets are overvalued. They don’t care, though, because if they only lose 50% of their investment after the correction inevitably comes that’s still a much better deal than the potential 100% loss if their reeling previous nation decides to nationalize their assets, debase their currency, or descend into civil war (a la Argentina, Venezuela, Zimbabwe, etc.).
Stability and rule of law draw a premium during uncertain times.
Posted on 3/16/21 at 11:33 am to tenderfoot tigah
Posted on 3/16/21 at 11:36 am to JasonWalker1747107
quote:
Any Trump fans want to know what he thinks is most undervalued asset on the planet?
No
Downvoted
Next question
Posted on 3/16/21 at 11:36 am to JasonWalker1747107
Posted on 3/16/21 at 11:59 am to JasonWalker1747107
Posted on 3/16/21 at 12:07 pm to JasonWalker1747107
are you just going to continually spam the board with links to try and pump silver?
Posted on 3/16/21 at 12:44 pm to SaintTiger80
quote:
I wouldn’t invest in it until I understood the value behind the technology a little more. Also, buying during a craze with no thesis on why your buying is not a winning strategy.
Same advice my banks financial advisor gave me about Apple in late 1981 so I sold my 1000 shares.
Posted on 3/16/21 at 12:54 pm to EA6B
quote:
Same advice my banks financial advisor gave me about Apple in late 1981 so I sold my 1000 shares.
Ouch.
On the other hand, the proliferation of cryptos reminds me a lot of the dot-com bubble. Most failed, but in the heyday it didn’t matter. The question is whether BTC (or any other crypto) is Amazon, Yahoo, or Pets.com.
Posted on 3/16/21 at 2:11 pm to JasonWalker1747107
I don't open blind links
it was created in the late 1930's and had nothing to do with the Great Depression.
quote:
SPAM....created during late 1920's Great Depression
it was created in the late 1930's and had nothing to do with the Great Depression.
Posted on 3/16/21 at 2:17 pm to Fox McCloud
quote:
Take one look at the valuations on these crypto coins and you’ll realize very quickly that it’s a sham. They already have bigger market caps than real companies that have real revenues. It’s another bubble.
And why do you think this market cap is unreasonable?
How do you feel about the market cap of gold?
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