Message from @Jacob

Discord ID: 392563018120036353


2017-12-18 22:30:51 UTC  

what should we use besides coinbase?

2017-12-18 22:35:14 UTC  

Gemini was suggested to me. They have Bitcoin and Ethereum

2017-12-18 22:35:52 UTC  

Looks like the site isn't currently up

2017-12-18 22:40:07 UTC  

Could I make an altcoin moon by buying it and then shilling online? Would that even be ethical?

2017-12-18 22:41:07 UTC  

I could find some coin valued at $0.00001, buy up a crazy amount, and post about it all over 4chan and Reddit.

2017-12-18 22:41:50 UTC  

Alternatively, we can short a coin, get Anglin to endorse it, and buy the dip.

2017-12-18 22:42:25 UTC  

That's way more viable. We should use shorting to fund pro-white activism

2017-12-18 22:42:43 UTC  

That wouldn't ruin our reputation at all

2017-12-18 22:43:32 UTC  

dude gen Z kids would find it hilarious if we short some SJW company

2017-12-18 22:48:22 UTC  

Nod nod

2017-12-19 03:16:56 UTC  

@Jacob yes anglin should endorse a currency and call it the currency of the alt right and get it to dip and we buy lol

2017-12-19 04:56:07 UTC  

Does anyone know good resources to learn how to pick stocks?

2017-12-19 05:46:06 UTC  

check out the YouTube channel Ricky Gutierrez

2017-12-19 05:46:16 UTC  

join his group techbud solutions

2017-12-19 05:46:23 UTC  

its nice 👌

2017-12-19 05:58:19 UTC  

Thanks

2017-12-19 06:13:05 UTC  

Don't pick stocks.

2017-12-19 06:14:08 UTC  

Check out a quilt chart as to why. Stock picking for most is a fools gold and inefficient,

2017-12-19 06:17:24 UTC  

And shorting options should and can only be done by experts as it leaves investors vulnerable to incredible losses.

2017-12-19 06:20:40 UTC  

The goal is 10% growth in a diversified portfolio. That doubles your money every 10 years. Sure, get rich quick schemes work 1% of the time, but fail otherwise and all that capital is wasted.

2017-12-19 06:25:16 UTC  

Is it that hard to beat index funds?

2017-12-19 06:25:27 UTC  

Bitcoin is better termed petrodollars since it now takes 20 barrells oil to mine one bitcoin

2017-12-19 06:25:51 UTC  

Beating index is called Alpha, and it is difficult

2017-12-19 06:26:17 UTC  

Not impossible by any means, but requires a strategy

2017-12-19 06:27:14 UTC  

And generally, to add alpha, it is more efficient to use mutual funds or etfs

2017-12-19 06:28:31 UTC  

With bitcoins going to 100 barrel prices, I would sell and stay away

2017-12-19 06:31:18 UTC  

Why would it be so hard to find stocks that can at least slightly beat the market?

2017-12-19 06:36:29 UTC  

If it were that easy, everyone would be doing it...beating the market is basically saying beating company valuations...possible as a one off? Sure. Long term it has been shown not to work.

2017-12-19 06:37:39 UTC  

Valuations are done by very intelliegent people, experienced at what they are doing, and have far more info than 99.9% of investors

2017-12-19 06:38:36 UTC  

Yes, penny stock from the pink sheets could work out, but that is exceedingly rare

2017-12-19 06:42:01 UTC  

Everyone wouldn't be doing it because the stocks would become overbought, but, ya, some of those are good points

2017-12-19 06:44:59 UTC  

The first millionaire from the 49er Gold Rush sold the shovels ;-) True story.

2017-12-19 06:45:57 UTC  

Instead of buying Apple, maybe buy shares in the company that supplies Apple the compknents...that can build alpha

2017-12-19 06:46:47 UTC  

So, here's the thing. Index funds naturally are going to include some obviously shit stocks that drag down the average. So, would it really be that difficult to find something that is at the very least above average?

2017-12-19 11:45:13 UTC  

@Jacob I’ve been able to successfully pick individual stocks for years by watching price to earnings ratios. ETF’s that track broader markets are still your best option most of the time.

2017-12-19 12:14:35 UTC  

I'm not sure I'm agreeing with most of what's being said here... you absolutely can be successful picking stocks 😅

2017-12-19 12:16:30 UTC  

why are we acting like it's completely impossible to do technical analysis and have a successful swing trade lol

2017-12-19 12:17:04 UTC  

or even successfuly mitigate risk while capitalizing on momentum?...

2017-12-19 12:22:03 UTC  

while playing lower to mid cap things with more volatility and having trades that are on a shorter basis you're not going to win 100% of the time, nobody does. You need to have the proper entry and exit strategies so if you do lose (which you will) it's only 2-4%

2017-12-19 12:22:30 UTC  

but when you do win, it can be 3-30% percent or even more

2017-12-19 12:27:15 UTC  

like i said @Jacob join techbud solutions and go in the main voice chat during market open, that can be the best way to learn, just by observing