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  • LAVA Moderator: Shinji Ikari

the market: stocks, bonds, options, whatever

Mr. Krinkle said:
i knew i should've bailed 2 weeks ago....

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At least you didn't load $3k of new capital into the market 5 days ago (hint: that was me). Anyway it doesn't matter if you're investing for long term. 5 years from now even the $69k peak recently will look cheap as fuck
 
Buy the dip: VTI and AVUV if you want an ETF that you won't have to touch for years. If you like individual stocks: F, MU, DOCU, AMD (Ford is my favorite by far).
Electrum1 said:
I was looking at a tiny Canadian one earlier that is testing Ketamine, psilocybin, lsd, mdma and dmt. Symbol PHRRF in the US. Going to follow it as trials move forward since its such a small market cap. Wonder if MNMD ever turns into anything good, it's been getting crushed for a while now.

Here's the PHRRF pipeline:
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A lot of the small Canadian companies in the space are pump-and-dumps. From experience, I'd stick to Mindmed and Atai. Maybe the PSYK ETF as well.
 
I dunno if I would go as far as calling Tether a Ponzi scheme, I would say it's more like an unregulated bank - holding Tether shields you from Bitcoin price volatility, as long as everyone remains confident that it does. When that confidence disappears, though, holders will race to withdraw value in anything but Tether before it's worthless. In other words,

en.wikipedia.org

Bank run - Wikipedia

en.wikipedia.org en.wikipedia.org
 
thujone said:
I dunno if I would go as far as calling Tether a Ponzi scheme, I would say it's more like an unregulated bank - holding Tether shields you from Bitcoin price volatility, as long as everyone remains confident that it does. When that confidence disappears, though, holders will race to withdraw value in anything but Tether before it's worthless. In other words,

en.wikipedia.org

Bank run - Wikipedia

en.wikipedia.org en.wikipedia.org
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It is a bank that takes your money and shreds it. The vaults are hollow and empty. An unregulated bank would at least likely hold your money. Call Tether what you want, but no matter what label you tack on: we should all stay the fuck away from it.
 
Guys how did you stomach yesterday?? at 1,000 down on the down, I stopped watching to learn the close was up!!
The rescue can fron a frew very Large institution placing money in a Market they are not sure of.
There is way TOO much capital in the world Market at the moment 5-10 years worth of :
In 2020 the increase of $3.38 trillion equates to 18 per cent of the total supply of dollars. It means almost one in five dollars was created in 2020
 
I feel like at the MGM, and the House is giving free $$ to get you started, and then bleed you dry!!
my fear is the only way I get out of this house and Tax burden is to Leave country??
I hear Ireland is nice this time of year??
Turks and Caicos, might be a little better :cool:
 
Iceman1216 said:
Guys how did you stomach yesterday?? at 1,000 down on the down, I stopped watching to learn the close was up!!
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Yeah that was pretty crazy. I ended up gaining on all four stocks I bought. Sold LUPN after hours for +13.2% and held the other three. Currently up 11.5% on AUPH, 12% on OBTC and 10.5% on LC. LC reports earnings tomorrow after the market closes, so that could be a good play. Don't know if I'll sell it if it spikes higher.
 
fuck doge!

i dumped cardano at 2.20 after grabbing it at 1.55....so i did ok on that but i feel like a genius for dumping it when i did...i ended buying more matic....that's mostly what i have - polygon - my average on polygon is about 1.35....and then a nice amount of LUNA that i got at $22 - so i did well there
 
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