Do you manage your own investments?

[Where's Bruce?]

shiba inuit's crypto coin in steroids.

 

[Where's Bruce?]

https://www.coinbase.com/price/shiba-inu

 

[Where's Bruce?]

Up 50% since I bought 10/8/21.

 

[Where's Bruce?]

Now almost 70% today. Nuther huge gain. You paying attention OP? Checked the news on this crypto? I'm tryin' to help you.

 

[william schmaltz]

Now almost 70% today. Nuther huge gain. You paying attention OP? Checked the news on this crypto? I'm tryin' to help you.

To call SHIB an investment is laughable. I think everyone can agree it's a pure gamble. Which is fine, I'd rather gamble on something like this than scratch off tickets, pull tabs, or a casino. What's your plan with this coin? Where do you see it going? What's the exit point? It already has a huge market cap and there won't be any institutional money flowing in.

I really love crypto and it's pretty well documented on this site already. But I love projects that are actually an investment and have an actual reason for going up besides how many celebrity tweets it gets. SHIB is sitting at a market cap of $24 billion. If it doubles from here, it's right at what DOGE maxed out at. Keep in mind DOGE had the media and celebrity hype to do it. I think everyone can agree that both DOGE and SHIB are terrible projects. They are inflationary with ridiculous supplies and were simply developed off human emotions to make the developers wealthy. A few lucky people will get to make some money along the way, while most will be left holding the bag - especially people late to the party that are just now entering. Neither of these projects will ever have any use case. There isn't hardly anyone with a couple brain cells that could argue that. So no institutional money will ever flow into these projects. They will rely purely on retail guys and we're about to the point where it's large enough that it will take several billion dollars put fourth by average Joes to move it a few percentage points. I personally don't love the sound of that.

Go on CoinGecko, find coins that have utility and a great development team that have a market cap of less than a billion and have an actually maximum supply listed. Ideally I find em with maybe 50 million market cap. It doesn't take much to 20-50x with those types of projects and they're less of a gamble. I have a couple projects that are actually good that outperformed SHIB the last week and a handful more within 10% points that will likely way outperform SHIB over the next couple months.

 

[as.ks.ak]

To call SHIB an investment is laughable. I think everyone can agree it's a pure gamble. Which is fine, I'd rather gamble on something like this than scratch off tickets, pull tabs, or a casino. What's your plan with this coin? Where do you see it going? What's the exit point? It already has a huge market cap and there won't be any institutional money flowing in.

I really love crypto and it's pretty well documented on this site already. But I love projects that are actually an investment and have an actual reason for going up besides how many celebrity tweets it gets. SHIB is sitting at a market cap of $24 billion. If it doubles from here, it's right at what DOGE maxed out at. Keep in mind DOGE had the media and celebrity hype to do it. I think everyone can agree that both DOGE and SHIB are terrible projects. They are inflationary with ridiculous supplies and were simply developed off human emotions to make the developers wealthy. A few lucky people will get to make some money along the way, while most will be left holding the bag - especially people late to the party that are just now entering. Neither of these projects will ever have any use case. There isn't hardly anyone with a couple brain cells that could argue that. So no institutional money will ever flow into these projects. They will rely purely on retail guys and we're about to the point where it's large enough that it will take several billion dollars put fourth by average Joes to move it a few percentage points. I personally don't love the sound of that.

Go on CoinGecko, find coins that have utility and a great development team that have a market cap of less than a billion and have an actually maximum supply listed. Ideally I find em with maybe 50 million market cap. It doesn't take much to 20-50x with those types of projects and they're less of a gamble. I have a couple projects that are actually good that outperformed SHIB the last week and a handful more within 10% points that will likely way outperform SHIB over the next couple months.

You oughta share those project coins with the rest of us then!


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[Where's Bruce?]

I have always chose to invest my money in my own companies cuz I'm convinced I know better than most and prefer to bet on myself. At least I know the game's not rigged.

But while having lunch with my 25 yr old daughter and learning she turned $300. in crypto coin into a $5000.00+ profit...my eyes widened. She said if I wanted to "play" (likening this type of investing as comparable to gambling...something I enjoy) that I should start with a crypto coin called SHIBU ITO. So exactly two weeks today I thought WTH...I'll buy $1000. worth and have something new I can use to bond with my daughter over. All the lingo about this type of investing is over my head (staking, bearing, burning, etc.) and the only thing I do understand is the high risk and volatility of the coin. I figured the worst thing that could happen is I lose a grand which, takes me a short time in Vegas during some trips.

But then a crazy thing happened. My grand is now up 70%. A net gain of $700 in 2 weeks? Seems unrealistic but my kid swears that the longer I hold it, the more it will climb (with major peaks & valleys weekly). She said most investors only jump in for ten days or so...she prefers 10 months.

So while to will not argue with you because, for the most part we agree...the returns since I posted this for the OP do show an enormous ROI in a remarkably short period of time. That is inarguable.

 

[william schmaltz]

So while to will not argue with you because, for the most part we agree...the returns since I posted this for the OP do show an enormous ROI in a remarkably short period of time. That is inarguable.

I know it's been great returns, just be very weary and be ready when it's time to get out. There are projects in crypto like ETH that are like investing in coca cola, nike, facebook, etc. Then there are projects like SHIB which can give you gains, but it's like investing in Theranos. Some people caught a huge bag but most were standing there wondering what happened. Also please look into the market flow for crypto. The whole market is typically bullish for 18 months or so after the BTC havening, tanks, and then consolidates a couple years until the next one. We are getting close to that top in the next couple of months and when it falls, the shit coins will fall the hardest. Just saying, have an exit strategy.

A few projects I'm in that have been on par with SHIB that have very good use case:
DON, CRV, GRT, FTM, OHM

A few I'm in with a very low market cap with good use case and a lot of room to run very soon:
IDLE, VSP, SPELL, XRT, UBT, PCX

 

[Jardo]

1/ Open Vanguard Acct
2/ Buy VTSAX - Don't touch it until you retire
3/ Reinvest the dividend
4/ End Thread

Not sure why you would ever pay someone to manage an index fund. They're pretty much auto pilot and have the lowest expense ratio. That guy managing your money is making a really really easy buck off ya.

this. and buy some crypto.

nuff said


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[Where's Bruce?]

Damn thing blew right past 50 and I've doubled my initial purchase in two weeks. Took this screenshot just before midnight. Pretty cool.




While posting this pic it jumped some more. Holy Buckets this is fun!

 

[Where's Bruce?]

OVERNIGHT! I dunno what to think now.

 

[eddielasvegas]

OVERNIGHT! I dunno what to think now.

View attachment 340644

It's known as the Rokslide Affect.

I looked this up after seeing your post where you mentioned talking with your daughter.

Shiba Inu is selling for fractions upon fractions of a penny, right?

I wonder how easy it is to sell and what will it cost you?

I hope it goes to the moon. 250% profit in a couple weeks means it just might.


Eddie

 

[Poser]

My Shiba has doubled as of today.

Sent from my iPhone using Tapatalk

 

[Where's Bruce?]

It's known as the Rokslide Affect.

I looked this up after seeing your post where you mentioned talking with your daughter.

Shiba Inu is selling for fractions upon fractions of a penny, right?

I wonder how easy it is to sell and what will it cost you?

I hope it goes to the moon. 250% profit in a couple weeks means it just might.


Eddie

Yes, currently it's trading at $0.00006616, it was at $0.000022 when I bought a couple weeks ago. The amazing thing is that buyers outnumber sellers between 75-85 percent. Plus the positive press and celebrity purchases are driving sales.

For my daughter & I we are using this as a temporary replacement for our usual Vegas trips. We've had to cancel two trips to Sin City recently so this fills the void. LOL

 

[as.ks.ak]

I’ve doubled and almost tripled on SHIB. When it triples, I’m taking my original investment out and letting it ride.


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[Where's Bruce?]

Who needs Vegas? LOL

 

[eddielasvegas]

Yes, currently it's trading at $0.00006616, it was at $0.000022 when I bought a couple weeks ago. The amazing thing is that buyers outnumber sellers between 75-85 percent. Plus the positive press and celebrity purchases are driving sales.

For my daughter & I we are using this as a temporary replacement for our usual Vegas trips. We've had to cancel two trips to Sin City recently so this fills the void. LOL

Funny you mention this. My daughter (now 22) and I have postponed two trips to Lost Wages too.

The first in July 2020 to celebrate her 21st birthday and this past July yo try again.

We're gonna try again in December if Vegas is close to fully open. Going to half azzed Vegas just makes no sense.


Eddie

P.S. btw, is the pic above Katy Perry? Me thinks yes, but it really does not matter as it's top shelf photography no matter who it is.

 

[Where's Bruce?]

Yup...Katy and the twins. (Insert motorboating sound here)

 

[Where's Bruce?]

OMG! It's on fire today! Must be because of going on the Chinese market.

 

[eddielasvegas]

OMG! It's on fire today! Must be because of going on the Chinese market.

View attachment 340778

I just saw this was up ~70% in the last 24 hours and thought of you.

Who needs a job if this keeps up!!!!


Eddie