Stocks and investments

[walrus]

https://www.google.com/amp/s/www.foo...n-and-you.aspx

@Gandalf

[Gandalf]

There are some good arguments there, but if you bought Bitcoin at $500 and it is now $2000 plus then it is doing better than anything else out there. If you are going to go out and put everything into it, that is nuts. But a moderate amount in crypto (several interesting ones out there) as well as hedging in other investments seems sensible to me. My thinking is always be willing to lose something. I wouldn't use Bitcoin as a pension plan and even they go bust as do most currencies. I am cynical so I expect everything to turn to poo really.

[walrus]

Miles I hear u and I would not scoff at Bitcoin. Past results is no guarantee of future performance but Bitcoin has done incredibly well. If you have the money and could drop a grand or two in it I'd say what the hell. My secret of investing is if the money you have in keeps you up at night you are not doing it right. If you can buy, sit on it and not stress I'd say go for it. For me one issue is I know nothing about it. I can study a stock learn the P/E and everything but how can I determine the fundamentals of crypto currency? It definitely is attractive the gains have been spectacular and I know they have some atms in NYC where you can cash out Bitcoins, I think u should do it miles, plus you can buy hardcore drugs online with Bitcoin

[Gandalf]

They opened the first Bitcoin ATM here recently. They are recognising it in Japan. At least for the time being I think it is fairly solid. We will see though, governments and banks surely know the threat.

[walrus]

They opened the first Bitcoin ATM here recently. They are recognising it in Japan. At least for the time being I think it is fairly solid. We will see though, governments and banks surely know the threat.

Miles, I think we should do something. Figure out how to buy the Bitcoin safely and consider buying one. I'm going to start researching as I am very intrigued by the notion

[Gandalf]

They opened the first Bitcoin ATM here recently. They are recognising it in Japan. At least for the time being I think it is fairly solid. We will see though, governments and banks surely know the threat.

Miles, I think we should do something. Figure out how to buy the Bitcoin safely and consider buying one. I'm going to start researching as I am very intrigued by the notion

Yes, it is a bit scary isn't it, but some are obviously making a fortune from it. I would like to just go and buy one, but you can't exactly hold it or anything. Then you worry about losing it because of more savvy people than you. This article shows that it can be a bit of a headache, but the damn thing keeps rising.

http://www.businessinsider.com/how-t...ick-my-bank-16

[brocktonblockbust]

Walrus and I have met twice in person at Joe Louis Plaza in front of Madison Square Garden right in Midtown Manhattan New York City the Big Apple the capital of the world. We have gone to a very eclectic and unique Pub for nice food and a couple of drinks two times where we shared excellent conversations which were not boring at all.

[brocktonblockbust]

@walrus @Beanz I find stocks and Investments a very relevant and valid topic not boring at all not fuddy-duddy or anything like that so I don't know why beans would mention that walrus is posting boring topics. Stocks and Investments are an excellent topic as we are all thinking about our future. I find walrus to be very pragmatic and responsible and a great poster.

[Beanz]

@walrus @Beanz I find stocks and Investments a very relevant and valid topic not boring at all not fuddy-duddy or anything like that so I don't know why beans would mention that walrus is posting boring topics. Stocks and Investments are an excellent topic as we are all thinking about our future. I find walrus to be very pragmatic and responsible and a great poster.

I will try not to have an opinion in future. God even replying to this thread is boring in itself....yawn....Sorry dropped off there