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Bitcoin going well

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  • Author
3 minutes ago, OneMoreFarang said:

I guess with such an expert recommendation I should right away invest all my money into Bitcoin. What could possibly go wrong... 

I wouldnt. Id wait til the price crosses over the 14 ema then put 1% in.

 

 

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  • OneMoreFarang
    OneMoreFarang

    Those crypto guys must be really desperate to try to find new buyers in forums like this. Your Ponzi scheme is going down. Accept it.

  • jastheace
    jastheace

    going well? how deep is that well?

  • Sparktrader
    Sparktrader

    Bitcoin has crashed 5 times before. I reckon in 12 months time be 50,000.    

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1 hour ago, Sparktrader said:

Bitcoin has crashed 5 times before. I reckon in 12 months time be 50,000.

50,000 baht??

  • Author
4 minutes ago, Mac Mickmanus said:

sparktrader is quite good with investing in stocks .

He looks at the ten year price history of stocks and then states when was the best time to buy those stocks 

The best time is after a decent sell off.

 

What do you think Buffet does? Buy the highs lol

3 minutes ago, Sparktrader said:

The best time is after a decent sell off.

 

What do you think Buffet does? Buy the highs lol

But its easy to spot the lows, when you are looking at a ten year price history

  • Author
2 minutes ago, Mac Mickmanus said:

But its easy to spot the lows, when you are looking at a ten year price history

You dont have to buy the lows. Just buy value. If a house is worth 500,000 would you buy it at 550,000?

 

If a stock is worth $40 would you buy it at $45?

 

If its $35 its value.

 

 

  • Author

Value approach example

 

Roe 20% over 10 years

Current pe 10x

 

Buy when pe is 50% or less of the avg roe.

 

 

You can google the numbers. Dont even need a calculator.

 

Work out the price you want and wait.

 

 

1 hour ago, Sparktrader said:

 

Gold zero income and it costs to store it. Makes no sense unless goes up a lot.

 

.

 

 Barely covered inflation gross less storage fees you have lost.

 

 

I have gold and silver holdings. They cost me nothing to store them.

I sold out of both on March 1, have now bought back in.

Obviously, you have never heard of the pool allocated system.

  • Author
3 minutes ago, Lacessit said:

I have gold and silver holdings. They cost me nothing to store them.

I sold out of both on March 1, have now bought back in.

Obviously, you have never heard of the pool allocated system.

Dont have much interest. Gold was cheap in the 1990s. Not now.

 

 

  • Popular Post
1 minute ago, Sparktrader said:

Dont have much interest. Gold was cheap in the 1990s. Not now.

 

 

I'm thinking nearly everything was cheaper in the 1990s then what it is today.

Besides big board stocks that provide a nice quarterly/monthly dividend I enjoy playing the OTC.

 

Oil & energy stocks have been good to me these past 12 months or so.

  • Author

Screenshot_20220614-002941_Chrome.jpg

  • Author
3 minutes ago, dingdongrb said:

I'm thinking nearly everything was cheaper in the 1990s then what it is today.

All relative. Gold had a bull run from 2000 to 2012.

  • Author
1 minute ago, Sparktrader said:

Screenshot_20220614-002941_Chrome.jpg

Double top

My target be 1400 for gold

 

 

7 minutes ago, Sparktrader said:

All relative. Gold had a bull run from 2000 to 2012.

But gold lost  80 % of its value the twenty years prior to that 

2 hours ago, bkk6060 said:

Is it possible BC could actually go to zero?

No.

 

But it might be worth 1 liter of Gas 95 soon. 

  • Author
1 minute ago, Mac Mickmanus said:

But gold lost  80 % of its value the twenty years prior to that 

Gold is a dog imo most of the time. I think its 25% overvalued atm.

 

 

  • Author

Screenshot_20220614-003906_Chrome.jpg

  • Author

1282 to 1567 be my targets on gold

  • Author

If gold hits 1280 i prob buy some even though i normally wouldnt.

I presume that everyone agrees that it will continue to crash down, then after 1-2 years it will sky rocket again to a new ATH that far exceeds the previous one. 

 

It makes sense. There'll be a load new young college people to get hyped up for the first time as it skyrockets. People will be buying it on credit cards and mortgages their houses to get on the next run again. 

 

Rinse and repeat. 

  • Author

Screenshot_20220614-004853_Chrome.jpg

  • Author
1 minute ago, JeffersLos said:

I presume that everyone agrees that it will continue to crash down, then after 1-2 years it will sky rocket again to a new ATH that far exceeds the previous one. 

 

It makes sense. There'll be a load new young college people to get hyped up for the first time as it skyrockets. People will be buying it on credit cards and mortgages their houses to get on the next run again. 

 

Rinse and repeat. 

Did everytime. 20k to 100k is 400% profit.

5 minutes ago, Sparktrader said:

Did everytime. 20k to 100k is 400% profit.

Are you buying Bitcoin now, now that its in a dip ?

  • Author
1 minute ago, Mac Mickmanus said:

Are you buying Bitcoin now, now that its in a dip ?

No. Id rather buy shares. I bought btc at 5k and 23k.

 

I like bhp under $36. 

 

I like gold under 1300.

 

 

  • Author

I like Anz at $15

3 minutes ago, Sparktrader said:

No. Id rather buy shares. I bought btc at 5k and 23k.

 

I like bhp under $36. 

 

I like gold under 1300.

 

 

Would have been a good idea to sell that 5 K Bitcoin when the price went to 63 K

  • Author
Just now, Mac Mickmanus said:

Would have been a good idea to sell that 5 K Bitcoin when the price went to 63 K

Bit late now.

23 minutes ago, Sparktrader said:

If gold hits 1280 i prob buy some even though i normally wouldnt.

If it hits that price,there will be no gold producers left.

3 minutes ago, Sparktrader said:

Bit late now.

Wasn't it predicated the price would go to $1 Million by about now ?

I recall that some people who bought Bitcoin back then were ordering their custom made Lamborghinis and looking at which Caribbean Island they would retire to in 2022

 

  • Author

50% chance btc falls to 10-11k. 

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