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panthera said:
You can read back in this same thread where I said the same thing months ago. The wife and I liquidated our equities because I thought we were going to see a downturn in stocks. You can't time the market so we got out a little early. I believe this next downturn is going to be the greatest correction I have seen in my lifetime. Things are way overvalued on wall street right now. If I'm wrong oh well I still have the cash.
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Are you not aware of current inflation, with much higher inflation to come? Are you not aware of the weakening dollar?



Really it's all a gamble but if you do you homework you will fair better than most. Information is your friend.
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Good information can be your friend - unfortunately, even the best of friends can't help you in certain situations. Murphy's Law applies. In fact, "anything that can go wrong, will go wrong" doesn't even cut it with this phony, manipulated zombie economy. It's more like "everything that can go wrong, will go wrong".

I think the dollar is going down for the count this time. The mother of all cryptos will be released by the powers that be once this "private sector" crypto test run has concluded to their satisfaction.
 
redruM said:
Are you not aware of current inflation, with much higher inflation to come? Are you not aware of the weakening dollar?





Good information can be your friend - unfortunately, even the best of friends can't help you in certain situations. Murphy's Law applies. In fact, "anything that can go wrong, will go wrong" doesn't even cut it with this phony, manipulated zombie economy. It's more like "everything that can go wrong, will go wrong".

I think the dollar is going down for the count this time. The mother of all cryptos will be released by the powers that be once this "private sector" crypto test run has concluded to their satisfaction.
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Precious metals are your friend when the SHTF
 
E.HONDA said:
Precious metals are your friend when the SHTF
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Yup, that gold and silver I bought in the seventies and eighties has really appreciated.

oops. I mean it kept up with inflation more or less.

The stocks, on the other hand....... :laughing
 
afm199 said:
Yup, that gold and silver I bought in the seventies and eighties has really appreciated.

oops. I mean it kept up with inflation more or less.

The stocks, on the other hand....... :laughing
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eh, I don't hold it for decades. When the economy slumps they go up. Sell it when it turns around.

Just look at the gold price from 08 - 09
 
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getting back on crypto I love how in the beginning of January my Facebook was flooded with crypto posts, wannabe traders, "gurus", random bitcoin articles.

Now it is crickets lol
 
Precious metals are your friend in a downturn, but in shtf they're just rocks.
 
byke said:
Precious metal are yours friend in a downturn, but in shtf they're just rocks.
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I agree, I should have rephrased. I meant I buy in downturns. I always sell when the economy picks back up.

I didn't mean zombie killer SHTF type of scenario
 
Entoptic said:
GoPro was one of mine. I'm also 94 LTC underwater right now for the tune of about 10k. Alt coins haven't come back, still hurting on those. It's hodl season for me. However I do have investments that are doing well in the current dip.

Unlike Blankpage I won't constantly try to get a rise out of someone that made a mistake when investing.
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right on dude
wishing you the best
 
JesasaurusRex said:
I just wish the people that were so transparent about the money they made when giving advice would also fess up when they lost money. It's disingenuous when you're practically making a thread giving advice.

Not directed at anyone in particular
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You can bet anyone that just got in in December/January got absolutely destroyed.
 
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redruM said:
Are you not aware of current inflation, with much higher inflation to come? Are you not aware of the weakening dollar?





Good information can be your friend - unfortunately, even the best of friends can't help you in certain situations. Murphy's Law applies. In fact, "anything that can go wrong, will go wrong" doesn't even cut it with this phony, manipulated zombie economy. It's more like "everything that can go wrong, will go wrong".

I think the dollar is going down for the count this time. The mother of all cryptos will be released by the powers that be once this "private sector" crypto test run has concluded to their satisfaction.
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One year:

DOW +31%
GOLD +11%

vfsPzqY.jpg
 
E.HONDA said:
eh, I don't hold it for decades. When the economy slumps they go up. Sell it when it turns around.

Just look at the gold price from 08 - 09
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:rofl

Yes, because market timing works so well. Everyone knows when the peaks and valleys are.
 
Blankpage said:
Dude if I were getting rich off my investments I wouldn't be concerned about a few jokes over a bad pick.
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The insults continue. For some reason you think I'm losing money and then jab me for it. Remind me to make a joke at your misfortune when it happens. :twofinger

The constant GoPro reference was funny at first but it's old and played out. Now you use it in an attempt to poke fun at me. Do I mind? I could care less but to downplay what you're doing would be silly.

With that being said what are folks top picks for the week?

For me it's IOTA and EOS. Anything can happen tho. CME futures tomorrow. Wonder what will happen tonight. Whalepool should have some good info on it.
 
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afm199 said:
:rofl

Yes, because market timing works so well. Everyone knows when the peaks and valleys are.
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Where did I say I buy at the valley and sell at the peak?


This isn't even about crypto...

You already have your mind made up on the crypto market, why are you in this thread still?
 
Two great buy and hold candidates I think. I dont currently have either though. I only trade if I see an opportunity otherwise Im a hodler.
 
panthera said:
Two great buy and hold candidates I think. I dont currently have either though. I only trade if I see an opportunity otherwise Im a hodler.
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Did you see the CDO of Volkswagon is now on the advisory board of IOTA?

Really interesting stuff to read on with what I think VW is positioning themselves to do.
 
Entoptic said:
The insults continue. For some reason you think I'm losing money and then jab me for it. Remind me to make a joke at your misfortune when it happens. :twofinger

The constant GoPro reference was funny at first but it's old and played out. Now you use it in an attempt to poke fun at me. Do I mind? I could care less but to downplay what you're doing would be silly.

With that being said what are folks top picks for the week?

For me it's IOTA and EOS. Anything can happen tho. CME futures tomorrow. Wonder what will happen tonight. Whalepool should have some good info on it.
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If the futures prediction holds true and things dip, I'm probably buying VeChain tomorrow. I've been eyeing it since it was in the $4 during the recent crash and was FOMO'd as I watch it rise to $8
 
a friend just called me from an ICO conference and said Erykah Badu is talking about getting paid for her albums in bitcoin. someone hears about 50Cent finding $7M in BTC and everyone wants in on it :laughing

he's there for this ICO: https://tokensale.ponderapp.co which I probably won't be investing in.
 
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