I forgot about that one. I like those also (like in my top four). I concur with you. I am try to bring some of the safer plays. I don't want anyone to lose money in this very wild area of investments. Welcome aboard, and post more often.
Do you have a chart for us?
Thank you for spending the time on a well-thought-out post. You are a true asset for this thread. I usually Have quick and somewhat caveman type post. I'm kinda busy and can be lazy. But looks like great minds think alike for I am I am basically locked up you're opinions .
Very cool. Keep us updated!I'm in several projects, LOOKS and RBIF are my faves though.
Looksrare Token is connected to the Looksrare NFT marketplace, is a huge competitor for Opensea. You can stake the Looks on their site and receive more Looks and also, Weth. Every sale on the marketplace, 1 or 2% of each transaction goes into a pool that is split amongst stakers. This is crazy cool as NFTs can sell for thousands or hundreds of thousands each.This token is only 2 weeks old.. so very early.
RBIF Robo Inu Finance is a little over 2 months old, only 1700 holders, 100% organic growth. Ex Google and Saitama folks. Very transparent. Marketing starts at 5000 holders. Check out their telegram. All the links are on coinmarketcap.
hawkish fed/inflation with geopolitical events (Ukraine, etc) will impact all risk assets this year
Interesting comments. Saylor makes an outstanding case for BTC....and I own it, along with ETH, SOL, LUNA, and some minor MATIC, LINK positions. I own GBTC and MSTR as well. What I'm curious to know is why you mention TSLA. What's floating around there?
Elon Musk is one of the biggest shills on the planet...often a total liar. I'm convinced he's mentally ill and/or has a significant personality disorder. Musk also encourages retail investors into crypto shams/memes (Doge...yes, Doge is a total fraud). TSLA holds 42,902 BTC - the second largest holding of BTC (for a publicly traded company) after MSTR. I do feel that TSLA's share of EV's will diminish in the next decade after the push by legacy automakers (esp Ford, Toyota, VW) and upstarts (Rivian); however, one would be a fool to short TSLA in 2022.
your cryptocurrency investments are ideal...
very possible...I do not recommend a large % of one's personal investments in the cryptocurrency space (perhaps no more than 10%)
I use Celcius for staking, but I'm seriously thinking about pulling things out and putting things in a cold wallet (I use SafePal). I'm just not educated enough on things about all the inner workings of staking, pools, farming, etc. I'm cautious about needing to move funds if necessary and want to be able to do so if necessary. Right now is testing everyone's conviction....and not just in crypto.
I can't disagree that he has some things going on in his head that aren't exactly normal. But he is brilliant. He is innovative, and he is a disruptive force in markets (in a good way). Just as Google did in early on, I believe he is a similar disruptive force that is unique and can't be duplicated. Yes, he will face competition in the EV world. But he IS the EV world. And as you mention, he is the second largest owner of BTC. That alone makes a case to invest. Throw in his rockets, satellites, etc etc, and I find it hard not to have a stake in his world. We don't know what he will come up with in a couple, 5, 10 years onward. I don't invest in TSLA for cars. I invest in it for innovation, financial stability, technology that not many can envision, etc. The market is full of blah companies that will get you 15% over time, and I do own some of them for diversification, but the real money is made in innovative, disruptive companies....just my opinion. And if we really step back and look at crypto....we are at the bottom of the floor as far as where this will be in 15+ years. We are so very young....like buying AMZN at $5 young.
I disagree about it being worthless. I'd dig deeper than just listening to what big bank, hedge fund, central bank execs say about it. They are EXTREMELY motivated to discredit crypto because it is a huge threat to their existence. If we REALLY think about it....fiat is worthless in the sense of it being backed by anything. 98% of fiat is moved just like crypto via digital means. What's fiat backed by? We just print it as if it really did grow on trees. It's inflationary. A value in a store of wealth is only what someone is willing to give for it. Gold would be worthless if all you could get is a pack of gum for an ounce. I'm not saying crypto won't go under and people lose everything they've put into it....but at the moment, it is not worthless. People hand over fiat to obtain it, and you can sell it to get fiat or any other thing people will give you so they can have it. Just because you can't "hold" it doesn't mean it isn't worth anything.
Worthless…useless…is there a difference. I guess, if people are going to value something that has no use than I guess it’s not worthless. The only reason crypto is popular is because of its volatility. It’s like a craps table in Vegas.
Agree with you on several points. We have not yet gotten to the point where crypto is traded for goods and services like fiat has. It is coming, but the banks, fed/central banks, governments, etc are scared crapless of it, so it's up against a lot of major powers to come on board to the equivalent of fiat acceptance. On a personal note, I don't fall for the crypto ponzi schemes...I do hold the "blue chip" cryptos and nothing more. I do not venture outside of the top 15 cryptos. And if you really want to discuss ponzi schemes, let's start with the stock market.
I'm 44
and I'm 50...
Congressman Jim Himes submitted a amendment todayGreat conversations in this thread! I am getting out of crypto altogether before I lose anymore money.
US Unveils Bill Giving Treasury Secretary 'Unchecked and Unilateral Power' to Ban Crypto Transactions, Advocate Warns – Regulation Bitcoin News
The new bill would "give the Treasury Secretary unchecked and unilateral power” to ban crypto transactions, according to Coin Center.news.bitcoin.com
