heda97 2,399 Posted February 5, 2018 Share Posted February 5, 2018 Time to buyyy some stocks or should I wait some more Im á Katycat on Fridays #tgif Link to post Share on other sites More sharing options...
Economy 53,076 Posted February 5, 2018 Author Share Posted February 5, 2018 1 minute ago, heda97 said: Time to buyyy some stocks or should I wait some more Even with the crash they are still on the overvalued side and could fall further... But then again many might think like u It could go either way. I can't help u Link to post Share on other sites More sharing options...
heda97 2,399 Posted February 5, 2018 Share Posted February 5, 2018 1 minute ago, Economy said: Even with the crash they are still on the overvalued side and could fall further... But then again many might think like u It could go either way. I can't help u Ok so u know this stuff, between traditional stocks and crypto, which has the general possibility of making more money? Except I’m looking at smaller coins such as ripple not bitcoin Im á Katycat on Fridays #tgif Link to post Share on other sites More sharing options...
reditaccount288 377 Posted February 5, 2018 Share Posted February 5, 2018 ****, didnt expect to get crypto so crushed and following the nasdaq honestly Find your freedom in the music, find your jesus, find your kubrick. Link to post Share on other sites More sharing options...
Economy 53,076 Posted February 5, 2018 Author Share Posted February 5, 2018 13 minutes ago, heda97 said: Ok so u know this stuff, between traditional stocks and crypto, which has the general possibility of making more money? Except I’m looking at smaller coins such as ripple not bitcoin I haven't involved myself with crypto I can't say All I know is that with stocks as a whole there will be pressure from rising rates. And since valuations and trading multiples are high, Corporate Earnings have to keep growing because at these price levels it's hard for them to keep rising on hype and expectation alone, proof earnings are rising to justify their multiples will be needed Link to post Share on other sites More sharing options...
reditaccount288 377 Posted February 5, 2018 Share Posted February 5, 2018 22 minutes ago, heda97 said: Ok so u know this stuff, between traditional stocks and crypto, which has the general possibility of making more money? Except I’m looking at smaller coins such as ripple not bitcoin ripple is not a small coin, its the third largest crypto. Checking the price per coin is one of the biggest mistakes in a deflationary and variable supply currency. Crypto is going to get crushed hard imo, correlation with nasdaq is strong, and the first markets to get liquidated are the volatile ones, im still waiting for a decent buy zone. I believe they will act as a hedge but in a further date, they are not ready yet. But who knows, maybe its approaching bottom, i will hold some just in case. Find your freedom in the music, find your jesus, find your kubrick. Link to post Share on other sites More sharing options...
frankensteined 92 Posted February 5, 2018 Share Posted February 5, 2018 I have no idea what any of this means Link to post Share on other sites More sharing options...
River 128,581 Posted February 6, 2018 Share Posted February 6, 2018 So does it mean rich people lost money? if yes, please crash harder lol So sploosh your juice all over me you Riverboy Link to post Share on other sites More sharing options...
Economy 53,076 Posted February 6, 2018 Author Share Posted February 6, 2018 12 minutes ago, River said: So does it mean rich people lost money? if yes, please crash harder lol Yes. But along with rich ppl average ppl putting away money in RSPs for retirement lost money also I lost some money and I ain't rich Link to post Share on other sites More sharing options...
River 128,581 Posted February 6, 2018 Share Posted February 6, 2018 1 minute ago, Economy said: Yes. But along with rich ppl average ppl putting away money in RSPs for retirement lost money also I lost some money and I ain't rich It's a sacrifice that you must take, I'm sorry, it's for the war against capitalism. So sploosh your juice all over me you Riverboy Link to post Share on other sites More sharing options...
ThisGuyTony 35,285 Posted February 6, 2018 Share Posted February 6, 2018 Should we be concerned about jobs/money income? Link to post Share on other sites More sharing options...
Lady Adga 8,664 Posted February 6, 2018 Share Posted February 6, 2018 Link to post Share on other sites More sharing options...
FRANZGA 13,920 Posted February 6, 2018 Share Posted February 6, 2018 2 hours ago, Economy said: https://www.bnn.ca/dow-drops-more-than-1-100-points-tsx-falls-more-than-200-points-1.988018 Today saw the largest single 1 day drop on the Dow in HISTORY The Dow finished 1100 down but at its lowest point dropped 1600 points A strong fundamental economy is being blamed as higher inflationairy pressures may force the Central Bank (Fed) to raise interest rates faster making equities less competitive against fixed income as an investment option you really have a PASSION in economy.. maybe you can be my adviser for what company to invest in the stockmarket for my binary trade.. cause i'm planning to have one. edit: i meant passion dear Link to post Share on other sites More sharing options...
Economy 53,076 Posted February 6, 2018 Author Share Posted February 6, 2018 28 minutes ago, FRANZGA said: you really have a PASSION in economy.. maybe you can be my adviser for what company to invest in the stockmarket for my binary trade.. cause i'm planning to have one. edit: i meant passion dear Ah. It's too hard to give proper advice over the Internet to someone I don't know. Depends on your time horizon, your knowledge and your risk tolerance I trade energy stocks a lot but a good portion of my investments is also in mutual funds which is nice cuz I don't have to be whatching it all the time And honestly some ppl shouldn't be trading stocks at all and should look into mutual funds because they are much simpler and less risky Link to post Share on other sites More sharing options...
heda97 2,399 Posted February 6, 2018 Share Posted February 6, 2018 1 hour ago, reditaccount288 said: ripple is not a small coin, its the third largest crypto. Checking the price per coin is one of the biggest mistakes in a deflationary and variable supply currency. Crypto is going to get crushed hard imo, correlation with nasdaq is strong, and the first markets to get liquidated are the volatile ones, im still waiting for a decent buy zone. I believe they will act as a hedge but in a further date, they are not ready yet. But who knows, maybe its approaching bottom, i will hold some just in case. interesting, i was only focusing on prices. I remember i almost invested a few hundred in etherium back in 2016 when it was $10, i regret not doing that now. Do you think Ripple will raise in price like etherium did? Im á Katycat on Fridays #tgif Link to post Share on other sites More sharing options...
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