At 37 I definitely have to ride it out. The good new is the gains this past year was amazing! So when we do have a correction I should have some decent buying power.
The wealthy are dumping money.
- Thread starter GOPerfect
- Start date
BerettaGuy
.308 Win
The Central Banks only hope is for us to inflate our way out of the debt. Remember 11 percent mortgages and 19 percent credit cards you could almost get a better deal with the mob. It is always the banks and bankers. After all the mobsters learned their craft from them.
holdover
.475 A&M Magnum
The gig is up, its a done deal. The dollar is declining and will continue to decline until it breaks and a new currency is issued . You can read it in the history books over and over again. It may take a while or it may happen suddenly. Nothing new under the sun. All paper currencies have failed over time. Mainly because of greedy assholes who want to fuck people out of their cash.
1075tech
.338 Win Mag
Anyone who want's to dump their money, PM me for deposit information.
I know I'm risking losing out but, I just set stop loss orders for my stock positions (not 401k) in the event the market begins to tank I will try to have my cash pulled out and hopefully have more buying power to get back in.
I know it's a risk if it's just a temporary dip I may lose shares in the process, but at least I will feel better that in protecting my money and gains.
I know it's a risk if it's just a temporary dip I may lose shares in the process, but at least I will feel better that in protecting my money and gains.
Doc8404
.450/400 Nitro Ex
hmmmmmm. I may need to look at this for my IRA and few stocks.
holdover
.475 A&M Magnum
Becare full of confidence in a stop loss. Not normally, but in a market crash , everyone is selling, and no one is buying. Theres two sides to a trade. And if no one is on the other side of the trade , your fucked. Your trapped in your position and cant get out, no buyers.
holdover
.475 A&M Magnum
Sure, Ill trade you dollars for worthless bars of gold and silver. Then we can see who got the better trade next year.
SigSweet
.45 acp
Why no talk of Bitcoin here, its turning into a great hedge for inflation
JaguarJaguarGolf
6.5 Creedmoor
When the wealthy start burning cash in their wood stove to keep warm I'll worry.
I do remember just before the 2007-8 crash a lady on one of the finance channels yelling " If that happens we'll be breaking up the furniture to burn to keep warm this winter."
I do remember just before the 2007-8 crash a lady on one of the finance channels yelling " If that happens we'll be breaking up the furniture to burn to keep warm this winter."
JaguarJaguarGolf
6.5 Creedmoor
Two of the arguments Texas Legislature addressed for Texas Independence were ; Texas has it's own power grid; it has it's own gold repository.
meketrefe
.450/400 Nitro Ex
I think bill gates is secretly getting ready to go Amish.
SigSweet
.45 acp
That can easily be avoided, im surprised the people that understand how the media works dont realize the click bait there
I have had 2 computers fail that had bitcoin wallets on them, but i wrote down the 24 word seed and was able to recover it.
I would rather trust myself then rely on the banks or government to allow me to have my hard earned money when i need it
But hey maybe my grocery bill wont go up 10% yoy and uncle sam will allow me to buy whatever i want. We see how this has gone
Bitcoin scared me because it's so volitale
I'm starting to dabble in cryoto I put $200 in bitcoin on robinhood to start following it. It's had some crazy fluctuations the past month.
I'm still not ready to commit to a crypto wallet yet. I'm trying to learn more. It's pretty different to me.
I do think it's a very valuable hedge against the USD but I need to understand it better
I'm starting to dabble in cryoto I put $200 in bitcoin on robinhood to start following it. It's had some crazy fluctuations the past month.
I'm still not ready to commit to a crypto wallet yet. I'm trying to learn more. It's pretty different to me.
I do think it's a very valuable hedge against the USD but I need to understand it better
SigSweet
.45 acp
Thats good but following the price isnt learning much to be honest, esp because you arent getting the actual benefits of owning bitcoin and some of the negatives.
Robinhood doesnt allow you to withdraw or own your Bitcoin, so you cant spend it, or use it if you ever needed.
I recommend people look into PGP, download a wallet, save your seed pharse, and send some transactions back and forth to yourself to see how things work.
It really is better money, i have basically been using Bitcoin as my checking and savings for the last 4 years with no issue.
Robinhood doesnt allow you to withdraw or own your Bitcoin, so you cant spend it, or use it if you ever needed.
I recommend people look into PGP, download a wallet, save your seed pharse, and send some transactions back and forth to yourself to see how things work.
It really is better money, i have basically been using Bitcoin as my checking and savings for the last 4 years with no issue.
If people are starting to look at crypto currency I would suggest a physical wallet. Can't be hacked if its not connected.
trezor.io
Trezor Hardware Wallet (Official) | Bitcoin & Crypto Security
The safest cold storage wallets for crypto security and financial independence. Easily use, store, and protect Bitcoins.
Last edited:
Thanks for the link.
SigSweet
.45 acp
Agree to a certain extent, people shouldnt fear hot wallets for a small amount, you should keep your stuff secure as your data is just as valuable to some people
Check out the coldcard by coinkite if you want a physical device, you can also use a 2/3 multi-sig for added security
Vapor
.308 Win
You know what always has value?
Force projection.
Skills.
Sex/drugs/vice
I have 2 out 3, so that ain't bad.
Force projection.
Skills.
Sex/drugs/vice
I have 2 out 3, so that ain't bad.
spat
.950 JDJ
I am far more worried about losing them than having them stolen.
Bitcoin can be a lot safer than cash though.
Unlike cash, you can store an offsite backup for a bitcoin wallet.
Also unlike cash you can password protect them too.
holdover
.475 A&M Magnum
You have sex and drugs?
holdover
.475 A&M Magnum
Im still researching cryptos and Im going to buy some , But I still dont have high confidence in them ,
Robin
.577 Tyrannosaur.
Send $100.00 cash and I'll tell you.
Robin
Robin
Vapor
.308 Win
Hey man, until you've been downwind of me after chili night, you don't understand force projection.
That's mighty white of you.
Vapor
.308 Win
Skills are really important. Currency is nice, but you can always obtain currency.
Can you build a shed? Can you fix a toilet? Can you change an alternator? Can you hunt game? Can you save lives with first aid? Can you fish?
Can you plow a field? Can food?
Sew your own clothes?
My mother can preserve food and make clothes with a machine or by hand. I've only dated one woman ever that could do either, and she's actually the youngest girlfriend I've ever had. These things are being lost.
All these things we take for granted normally done by others for a hefty price, or in sweat shops might suddenly become important.
Can you build a shed? Can you fix a toilet? Can you change an alternator? Can you hunt game? Can you save lives with first aid? Can you fish?
Can you plow a field? Can food?
Sew your own clothes?
My mother can preserve food and make clothes with a machine or by hand. I've only dated one woman ever that could do either, and she's actually the youngest girlfriend I've ever had. These things are being lost.
All these things we take for granted normally done by others for a hefty price, or in sweat shops might suddenly become important.
holdover
.475 A&M Magnum
Oh man, was that you!
SigSweet
.45 acp
You can read the white paper here:
A good short read is the bitcoin standard you can find on amazon as well
If you want to dabble with a wallet and see how things work like sending transactions I can send you some Bitcoin for you to test things out.