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Stock Trading

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I just sold my rental house so have some cash ready just trying to decide when is the best time to buy.
 
HeavyD said:
what stocks are you eyeing up? Lots of deals out there.
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I probably have 50 on my watch list. I work in tech so I tend to stay there but that hasn't been a great idea lately. Tesla, Nvidia, AMD, TSM, apple, crowdstrike, etc.
 
I jumped heavy into nfts. For me I look at it as a storage of eth and sol (the two chains I buy nfts on)

if it’s something you are doing or want to do you need to just jump in, you will have some losses and projects that go to zero but when u start figuring out who is influencing what in the space and what people are drawn to it’s like printing money.
 
Boomah21 said:
I jumped heavy into nfts. For me I look at it as a storage of eth and sol (the two chains I buy nfts on)

if it’s something you are doing or want to do you need to just jump in, you will have some losses and projects that go to zero but when u start figuring out who is influencing what in the space and what people are drawn to it’s like printing money.
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I'm not sure I'm that brave!
 
Boomah21 said:
I jumped heavy into nfts. For me I look at it as a storage of eth and sol (the two chains I buy nfts on)

if it’s something you are doing or want to do you need to just jump in, you will have some losses and projects that go to zero but when u start figuring out who is influencing what in the space and what people are drawn to it’s like printing money.
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Any courses or videos you can recommend on NFT's? I haven't gotten into the NFT game yet, I'm up to 27% of my portfolio into crypto now and wouldn't mind dabbling around in NFT's but have no clue where to start.

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Cbinderjr said:
Any courses or videos you can recommend on NFT's? I haven't gotten into the NFT game yet, I'm up to 27% of my portfolio into crypto now and wouldn't mind dabbling around in NFT's but have no clue where to start.

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no courses and most videos are shilling projects crap I would avoid

*not financial advice*

biggest takeaways for me have been
- Spend time on Twitter to find those influential people…alot however not all have large followings on there and share projects they are getting in and why (often times in Twitter spaces) once u find those 5 -10 people start getting into projects you see multiple of them mentioning.
next it’s almost always better return to buy the floor than buy rares
- Once I see a project I like I will often jump in heavy quickly as these markets fly (way faster than stocks and crypto) however they fly both good and bad so please be careful and only invest with what you can afford to loose
- If I’m able I buy multiples of a project and will often sell one once I can cover my entire position of that project for example if I buy 4 nfts for .25 eth and it goes to 1 eth I will sell one of my for basically giving me 3 free nfts (that way if they do go to zero or drop back to .25 eth it’s not a big deal bc they are free)
- eth has much higher fees (gas) to buy sell list cancel etc so I tend to be a bit more picky here with my projects
- sol has very little fees (gas) to buy sell etc so I will trade these like I use to do when I day traded stocks often jumping in and out of a project to capture gains

Last piece I can think of at the moment is there are scams everywhere in nfts way more than anywhere else I have seen
Spend time learning how to project your wallet, your key words, what a rug is and signs to look out for them and many many more..honestly almost everyone I know has been a victim of some form of an nft scam they pray on new people via dms in discord etc so again please please do your research on types of scams and how to avoid/protect yourself

if u have more questions feel free to reach out and we can connect
 
Boomah21 said:
no courses and most videos are shilling projects crap I would avoid

*not financial advice*

biggest takeaways for me have been
- Spend time on Twitter to find those influential people…alot however not all have large followings on there and share projects they are getting in and why (often times in Twitter spaces) once u find those 5 -10 people start getting into projects you see multiple of them mentioning.
next it’s almost always better return to buy the floor than buy rares
- Once I see a project I like I will often jump in heavy quickly as these markets fly (way faster than stocks and crypto) however they fly both good and bad so please be careful and only invest with what you can afford to loose
- If I’m able I buy multiples of a project and will often sell one once I can cover my entire position of that project for example if I buy 4 nfts for .25 eth and it goes to 1 eth I will sell one of my for basically giving me 3 free nfts (that way if they do go to zero or drop back to .25 eth it’s not a big deal bc they are free)
- eth has much higher fees (gas) to buy sell list cancel etc so I tend to be a bit more picky here with my projects
- sol has very little fees (gas) to buy sell etc so I will trade these like I use to do when I day traded stocks often jumping in and out of a project to capture gains

Last piece I can think of at the moment is there are scams everywhere in nfts way more than anywhere else I have seen
Spend time learning how to project your wallet, your key words, what a rug is and signs to look out for them and many many more..honestly almost everyone I know has been a victim of some form of an nft scam they pray on new people via dms in discord etc so again please please do your research on types of scams and how to avoid/protect yourself

if u have more questions feel free to reach out and we can connect
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Thanks, will do. Do you have any recommendations for people to follow on Twitter to get started?

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Bowtie747 said:
Glad to see some other guys on here invest and save. Not just spend! Try to do a blend of it all myself! Spend, invest, save.
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Yes. I wonder how many could be able to identify the percent of their income they save or invest.
 
Wish I had funds right now. Pretty much everything you look at is on sale
 
Gator said:
Definitely this but if you just leave money in savings account you are losing money when you factor in inflation


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Market is in my mind a big casino, the house always wins. By house I mean the uber elites who are able crash the market when there “club” wants to. Then they swoop in and buy it all on the cheap. Like a casino in that when the little guy is winning say on Game stock and the hedge funds are loosing there ass they say we can’t play no more... or how Bank of America can sell short up to 800 million ounces of silver, it such bs.(look up Ted Butler and BOA).It’s riding high on artificial money and will burst (bad) much sooner than later.
My bet would be on PHYSICAL silver and some of the cryptos minus Bitcoin. I don’t like how one man (Elon) can tweet less then a sentence and manipulate crypto price though.

(Frustrating sigh)
End rant.
 
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