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re: Dave Ramsey: Will the stock market crash under Joe Biden?

Posted on 4/13/21 at 1:56 pm to
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 4/13/21 at 1:56 pm to
quote:

bitcoin has 0 risk


math says yea

I believe in math and arithmetic. you believe in?
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 4/13/21 at 1:56 pm to
that's irrelevant.. let's just say I can post all day on here for the rest of my life without worrying about a job
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 4/13/21 at 1:58 pm to
for you to not recognize the risk involved is the amusing part

just because it's existed for years doesn't mean there is no risk...ask enron investors or people that gave their money to Allen Stanford
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 4/13/21 at 1:58 pm to
please tell me the risk then. you seem like an expert...
Posted by jchamil
Member since Nov 2009
16484 posts
Posted on 4/13/21 at 1:59 pm to
quote:

that's irrelevant.. let's just say I can post all day on here for the rest of my life without worrying about a job


Don't worry, we believe you
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 4/13/21 at 2:01 pm to
you wouldn't believe me either way

you people have been clueless for years at this point.

it's all documented on this forum too. that's the great part
Posted by FinleyStreet
Member since Aug 2011
7901 posts
Posted on 4/13/21 at 2:07 pm to
quote:

please tell me the risk then. you seem like an expert..


You're the one going around saying there is no risk in BTC. That means the onus is on you to prove your claim. That's Arguing 101. But you don't ever provide any evidence to back your claims. You just spam the board with two sentence replies. It isn't useful; it's actually kind of annoying. Ancient Tiger 2.0.
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 4/13/21 at 2:09 pm to
sure thing bubba

you and I went through this months ago and bitcoin more than double since then.. in a few more months it will be the same conversation

btw I'm not talking about bitcoin on the guaranteed 12%
Posted by TexasTiger34
Austin, Kind of
Member since Mar 2008
11338 posts
Posted on 4/13/21 at 2:09 pm to
quote:

You're the one going around saying there is no risk in BTC. That means the onus is on you to prove your claim. That's Arguing 101. But you don't ever provide any evidence to back your claims. You just spam the board with two sentence replies. It isn't useful; it's actually kind of annoying. Ancient Tiger 2.0.



couldn't have said it better myself..
Posted by FinleyStreet
Member since Aug 2011
7901 posts
Posted on 4/13/21 at 2:12 pm to
You understand that an increase in price doesn't mean it's a riskless investment, right? You could have Jeff Bezos money in crypto, but it's entirely beside the point. Getting rich off crypto doesn't mean there aren't risks.
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 4/13/21 at 2:12 pm to
quote:

couldn't have said it better myself..


cringe

finley has been wrong about crypto/bitcoin for years and he's mislead hundreds of people on the board in the process
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 4/13/21 at 2:15 pm to
quote:

Getting rich off crypto doesn't mean there aren't risks.


what's the risk to invest into usdc and earn 12%?

and why is that risk higher than investing into the stock market?

go on. a little thought experiment for you. maybe you'll figure it out
Posted by REB BEER
Laffy Yet
Member since Dec 2010
16194 posts
Posted on 4/13/21 at 2:16 pm to
quote:

I can get 12% with zero risk at all so



Where? Sign me up!
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 4/13/21 at 2:18 pm to
go to celsius. put dollars, into usdc. and there you go. current rate is 13%

8.6% at blockfi if you trust fidelity partnership more

9% at voyager
This post was edited on 4/13/21 at 2:23 pm
Posted by JLivermore
Wendover
Member since Dec 2015
1419 posts
Posted on 4/13/21 at 2:19 pm to
Today was the most FOMO I’ve ever had in a long, long time. I’m on vacation and I’ve looked at the bitcoin chart 32 times, can’t even enjoy one fricking day away from the screens. Feels like I need to just throw all my cash into bitcoin so I don’t get left behind, real estate is hockey sticking higher where I live. Bull markets should be fun, I’m def doing something wrong if it’s not
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37084 posts
Posted on 4/13/21 at 2:20 pm to
Why is it the stock threads are like a batman signal to those who never come around this board?
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 4/13/21 at 2:21 pm to
probably a dave ramsey signal

they have an emotional attachment to being misled by him
Posted by BottomlandBrew
Member since Aug 2010
27092 posts
Posted on 4/13/21 at 2:22 pm to
quote:

go to celcius. put dollars, into usdc. and there you go. current rate is 13%



What's protecting my money once it's on Celsius?
Posted by Shepherd88
Member since Dec 2013
4582 posts
Posted on 4/13/21 at 2:23 pm to
quote:

please tell me the risk then. you seem like an expert...




Well, IBM quantum computing is about 2 years away from reverse mining blockchain for starters. So I could steal your Bitcoin and their ain’t shite you can do it about because #2 there’s no market regulator. Oh and speaking of that, lose your password and you lose your fortune bc again there’s no one to complain to.

It’s ok though, people like you need to learn the hard way.
Posted by FinleyStreet
Member since Aug 2011
7901 posts
Posted on 4/13/21 at 2:23 pm to
quote:

finley has been wrong about crypto/bitcoin for years


Well that's impossible considering I'm a crypto investor myself. No need to be go around accusing people of shite that isn't true.
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