Author Topic: New To Investing Thread (Read 333412 times)

DQ12 · « **Reply #1650 on:** June 26, 2017, 01:33:53 PM »

yeah. I like this thread too. even if I don't actually have the nerve to buy this stuff, I like to see TBT talk about it.

The Big Train · « **Reply #1651 on:** June 26, 2017, 02:12:29 PM »

https://www.bloomberg.com/news/articles/2017-06-26/bitcoin-ether-lead-slide-as-digital-currencies-drop-from-highs

yoga-like_abana · « **Reply #1652 on:** June 26, 2017, 02:18:33 PM »

trying to figure out how low its gonna drop so I can start stockpiling eth

Emo EMAW · « **Reply #1653 on:** June 26, 2017, 03:02:16 PM »

Quote from: The Big Train on June 25, 2017, 10:02:40 PM

I'll go ahead tho and just abstain from anything further about this topic ITT. It's apparent to me it's a trigger for people that don't understand the technology nor have the mental capacity to grasp its impact on the world. It was fun while it lasted guys!

catastrophe · « **Reply #1654 on:** June 26, 2017, 03:37:10 PM »

I do feel a little sorry for any future Cats looking to begin their journey in the world of investing but then having to wade through crap tons of day trading advice on bitcoin.

The Big Train · « **Reply #1655 on:** June 26, 2017, 03:43:18 PM »

Quote from: The Big Train on June 19, 2017, 12:39:19 PM

I'm not buying to sell quickly tho.

mocat · « **Reply #1656 on:** June 26, 2017, 03:50:03 PM »

like, just put it in its own thread

yoga-like_abana · « **Reply #1657 on:** June 26, 2017, 04:17:14 PM »

why don't you just invest your time reading another thread?

mocat · « **Reply #1658 on:** June 26, 2017, 04:22:15 PM »

it's very hard to read this thread now and it used to be pretty good

Emo EMAW · « **Reply #1659 on:** June 26, 2017, 04:26:59 PM »

Quote from: The Big Train on June 26, 2017, 03:43:18 PM

Quote from: The Big Train on June 19, 2017, 12:39:19 PM
I'm not buying to sell quickly tho.

Then profits you have not taken.

The Big Train · « **Reply #1660 on:** June 26, 2017, 04:29:38 PM »

Quote from: Emo EMAW on June 26, 2017, 04:26:59 PM

Quote from: The Big Train on June 26, 2017, 03:43:18 PM
Quote from: The Big Train on June 19, 2017, 12:39:19 PM
I'm not buying to sell quickly tho.

Then profits you have not taken.

I honestly don't think you're being an intentional dumbass, I think it's just that you're actually this stupid. The quote I posted was for LiteCoin this round, not what I already sold and took profits from. This isn't hard.

yoga-like_abana · « **Reply #1661 on:** June 26, 2017, 04:35:28 PM »

Quote from: mocat on June 26, 2017, 04:22:15 PM

it's very hard to read this thread now and it used to be pretty good

why? Its like someone talking about an individual stock..

The Big Train · « **Reply #1662 on:** June 26, 2017, 04:36:06 PM »

It was also a quote dispelling the idea that what we have been talking about is day trading. I'm sure that just soared over your head too, tho.

The Big Train · « **Reply #1663 on:** June 26, 2017, 06:11:21 PM »

For better or worse August 1st and the run up to it will be an interesting ride.

https://seekingalpha.com/article/4084004-make-break-august-1st-event-coming-bitcoin-investors

wetwillie · « **Reply #1664 on:** June 26, 2017, 06:37:08 PM »

IMO what you are doing is speculating, which isn't really investing. I think it's very interesting though because it appears you have found ways to exploit inefficiencies in this really new market. I also think you should continue to post your thoughts ITT.

Tobias · « **Reply #1665 on:** June 26, 2017, 06:41:38 PM »

if one thing is for sure there are just way too many posts on this board to handle

Emo EMAW · « **Reply #1666 on:** June 26, 2017, 07:01:04 PM »

Quote from: The Big Train on June 26, 2017, 04:29:38 PM

Quote from: Emo EMAW on June 26, 2017, 04:26:59 PM
Quote from: The Big Train on June 26, 2017, 03:43:18 PM
Quote from: The Big Train on June 19, 2017, 12:39:19 PM
I'm not buying to sell quickly tho.

Then profits you have not taken.

I honestly don't think you're being an intentional dumbass, I think it's just that you're actually this stupid. The quote I posted was for LiteCoin this round, not what I already sold and took profits from. This isn't hard.

I'm not paying attention is all.

star seed 7 · « **Reply #1667 on:** June 26, 2017, 08:53:08 PM »

I just skip all the tbt posts itt tbh, it's pretty ez and no moddin' required

chum1 · « **Reply #1668 on:** June 26, 2017, 10:10:39 PM »

I just always figured the TBT posts were perfectly fitting for a thread titled "New To Investing."

wetwillie · « **Reply #1669 on:** June 26, 2017, 10:34:10 PM »

Quote from: chum1 on June 26, 2017, 10:10:39 PM

I just always figured the TBT posts were perfectly fitting for a thread titled "New To Investing."

The Big Train · « **Reply #1670 on:** June 26, 2017, 10:45:38 PM »

Thanks for the support, guys.

Phil Titola · « **Reply #1671 on:** June 26, 2017, 10:45:52 PM »

I got my ETH back

....lesson learned, know the wallet you are sending

The Big Train · « **Reply #1672 on:** June 26, 2017, 10:46:41 PM »

Quote from: Phil Titola on June 26, 2017, 10:45:52 PM

I got my ETH back ....lesson learned, know the wallet you are sending

That's good news!

Phil Titola · « **Reply #1673 on:** June 26, 2017, 10:51:37 PM »

Quote from: The Big Train on June 26, 2017, 10:46:41 PM

Quote from: Phil Titola on June 26, 2017, 10:45:52 PM
I got my ETH back ....lesson learned, know the wallet you are sending

That's good news!

Thanks TBT, I was happy...now to buy some Ripple, hopefully after ETH bounces back a bit. I'm squatting on LTC until August.

sys · « **Reply #1674 on:** June 26, 2017, 11:04:41 PM »

Quote from: catastrophe on June 21, 2017, 01:24:32 PM

WARNING: NON BIT CURRENCY POST

So my company is now allowing up to $54k in after-tax contributions to 401(k)s. As far as I can tell, these after-tax contributions are treated almost exactly like any other after-tax investment you would make, except any dividends or other gains are tax-deferred. Seems like a no-brainer to max out this kind of an account before using any other investment accounts unless you plan on being in a higher tax bracket when you start cashing out, which seems counter-intuitive.

be careful about mixing pretax and after tax money in the same tax deferred account. you can get mumped a little that way. the conversion to a roth is a great loophole though.