BITCOIN

Zola.

Aegis said:

Zola. said:

Not that I want to talk about !!!!!! coins in a bitcoin thread... but stupid meme dog coins are what's damaging to the likes of bitcoin as its all seen as "risky gambling crypto". People will get rekt when they jump into that mess and the rug is pulled from under them... and they deserve it. 

I genuinely can't see any way to interpret your comments that wouldn't apply equally to bitcoin.

If by this stage, that you cannot clearly see that Bitcoin is vastly different from the other 9000 odd "cryptocurrencies", (which are mostly extremely poor copycats and are not actually decentralised),  with sovereign wealth funds, wall street ETFs, pension funds, massive corporations, and banks all flocking into bitcoin (and not all the other crap) then I do not know what to say other than maybe you should do some research?

adindas

Hexane said:

RolandFlagg said:

Over the next couple of decades it will be about how millennials invest their money.
They have grown up hating the banks and loving technology, and now they have trading apps they can easily access to invest/trade/gamble.

They ain't going to be investing in Gold, Bonds or Value stocks.

If true, this will mean that Value stocks are going to be increasingly good value, because no-one will be buying them.

Not really imo. Many good value stocks especially with big market caps are already in the index funds, well known mutual funds, multi assets funds. For people who are considering risk/reward, they might want starting position before they are included the index fund. Once they are included in the index funds the share price will jump significantly. If you are just investing in index funds you could not take advantage of this significant price movement. A good example of this is Tesla (TSLA). But keep in mind you also take a higher risk, because when they fail to be included in the index fund it might also go to the other direction.

Most investors (Traders) already hold good value stocks, blue chip stocks as part of their index their funds.

The value stocks movement is generally small unless you get some major catalysts, such as political catalyst like you see in BABA (Alibaba) recently. The traders, Swing Traders, ST investors (not LT Investors) are considering the volatility as their friends which are mainly featured in high growth stocks. Sometimes also happen in mega/Large caps stocks, Value stocks if there is a major catalyst such as we have seen recently with Facebook, Apples etc. You wil not take advantage when they go back to All TIme High and sell it at higher price (but also more risk) if you just investing in index fund. That is my personal opinion other people might have a different opinion.

Aegis

Zola. said:

Aegis said:

Zola. said:

Not that I want to talk about !!!!!! coins in a bitcoin thread... but stupid meme dog coins are what's damaging to the likes of bitcoin as its all seen as "risky gambling crypto". People will get rekt when they jump into that mess and the rug is pulled from under them... and they deserve it. 

I genuinely can't see any way to interpret your comments that wouldn't apply equally to bitcoin.

If by this stage, that you cannot clearly see that Bitcoin is vastly different from the other 9000 odd "cryptocurrencies", (which are mostly extremely poor copycats and are not actually decentralised),  with sovereign wealth funds, wall street ETFs, pension funds, massive corporations, and banks all flocking into bitcoin (and not all the other crap) then I do not know what to say other than maybe you should do some research?

That's all I ever get told, as though the research I have done has been utterly worthless.  My point is that you can apply literally every criticism of dogecoin against bitcoin with exactly the same validity, the only difference is that bitcoin is seen as more legitimate by more people for some reason, perhaps because it was the original.  I don't personally see any benefit to owning bitcoin vs dogecoin or other tokens, and as a result I will continue to stay well clear of crypto assets.

Zola.

Aegis said:

Zola. said:

Aegis said:

Zola. said:

Not that I want to talk about !!!!!! coins in a bitcoin thread... but stupid meme dog coins are what's damaging to the likes of bitcoin as its all seen as "risky gambling crypto". People will get rekt when they jump into that mess and the rug is pulled from under them... and they deserve it. 

I genuinely can't see any way to interpret your comments that wouldn't apply equally to bitcoin.

If by this stage, that you cannot clearly see that Bitcoin is vastly different from the other 9000 odd "cryptocurrencies", (which are mostly extremely poor copycats and are not actually decentralised),  with sovereign wealth funds, wall street ETFs, pension funds, massive corporations, and banks all flocking into bitcoin (and not all the other crap) then I do not know what to say other than maybe you should do some research?

That's all I ever get told, as though the research I have done has been utterly worthless.  My point is that you can apply literally every criticism of dogecoin against bitcoin with exactly the same validity, the only difference is that bitcoin is seen as more legitimate by more people for some reason, perhaps because it was the original.  I don't personally see any benefit to owning bitcoin vs dogecoin or other tokens, and as a result I will continue to stay well clear of crypto assets.

It sounds like you haven't actually done any proper research but are commenting anyway. If you spent a few hours you would learn the value proposition and the point of Bitcoin (although you need to actually study it).

Doge was literally born from a p1ss-take (the creator has said so itself), and it is the antithesis of bitcoin in just about every way.

So no, you cannot possibly compare the two and your comments just show your ignorance of this topic. 

Thrugelmir

Zola. said:

Aegis said:

Zola. said:

Aegis said:

Zola. said:

Not that I want to talk about !!!!!! coins in a bitcoin thread... but stupid meme dog coins are what's damaging to the likes of bitcoin as its all seen as "risky gambling crypto". People will get rekt when they jump into that mess and the rug is pulled from under them... and they deserve it. 

I genuinely can't see any way to interpret your comments that wouldn't apply equally to bitcoin.

If by this stage, that you cannot clearly see that Bitcoin is vastly different from the other 9000 odd "cryptocurrencies", (which are mostly extremely poor copycats and are not actually decentralised),  with sovereign wealth funds, wall street ETFs, pension funds, massive corporations, and banks all flocking into bitcoin (and not all the other crap) then I do not know what to say other than maybe you should do some research?

That's all I ever get told, as though the research I have done has been utterly worthless.  My point is that you can apply literally every criticism of dogecoin against bitcoin with exactly the same validity, the only difference is that bitcoin is seen as more legitimate by more people for some reason, perhaps because it was the original.  I don't personally see any benefit to owning bitcoin vs dogecoin or other tokens, and as a result I will continue to stay well clear of crypto assets.

I
Doge was literally born from a p1ss-take (the creator has said so itself), and it is the antithesis of bitcoin in just about every way.

So no, you cannot possibly compare the two and your comments just show your ignorance of this topic. 

Investors should never become emotionally attached to their investments. More often or not it comes back at some point to bite them hard. 

tebbins

Thrugelmir said:

Zola. said:

Aegis said:

Zola. said:

Aegis said:

Zola. said:

Not that I want to talk about !!!!!! coins in a bitcoin thread... but stupid meme dog coins are what's damaging to the likes of bitcoin as its all seen as "risky gambling crypto". People will get rekt when they jump into that mess and the rug is pulled from under them... and they deserve it. 

I genuinely can't see any way to interpret your comments that wouldn't apply equally to bitcoin.

If by this stage, that you cannot clearly see that Bitcoin is vastly different from the other 9000 odd "cryptocurrencies", (which are mostly extremely poor copycats and are not actually decentralised),  with sovereign wealth funds, wall street ETFs, pension funds, massive corporations, and banks all flocking into bitcoin (and not all the other crap) then I do not know what to say other than maybe you should do some research?

That's all I ever get told, as though the research I have done has been utterly worthless.  My point is that you can apply literally every criticism of dogecoin against bitcoin with exactly the same validity, the only difference is that bitcoin is seen as more legitimate by more people for some reason, perhaps because it was the original.  I don't personally see any benefit to owning bitcoin vs dogecoin or other tokens, and as a result I will continue to stay well clear of crypto assets.

I
Doge was literally born from a p1ss-take (the creator has said so itself), and it is the antithesis of bitcoin in just about every way.

So no, you cannot possibly compare the two and your comments just show your ignorance of this topic. 

Investors should never become emotionally attached to their investments. More often or not it comes back at some point to bite them hard. 

One of Peter Lynch's 10 mistakes, "the stock doesn't know you own it".

Aegis

Zola. said:

Aegis said:

Zola. said:

Aegis said:

Zola. said:

Not that I want to talk about !!!!!! coins in a bitcoin thread... but stupid meme dog coins are what's damaging to the likes of bitcoin as its all seen as "risky gambling crypto". People will get rekt when they jump into that mess and the rug is pulled from under them... and they deserve it. 

I genuinely can't see any way to interpret your comments that wouldn't apply equally to bitcoin.

If by this stage, that you cannot clearly see that Bitcoin is vastly different from the other 9000 odd "cryptocurrencies", (which are mostly extremely poor copycats and are not actually decentralised),  with sovereign wealth funds, wall street ETFs, pension funds, massive corporations, and banks all flocking into bitcoin (and not all the other crap) then I do not know what to say other than maybe you should do some research?

That's all I ever get told, as though the research I have done has been utterly worthless.  My point is that you can apply literally every criticism of dogecoin against bitcoin with exactly the same validity, the only difference is that bitcoin is seen as more legitimate by more people for some reason, perhaps because it was the original.  I don't personally see any benefit to owning bitcoin vs dogecoin or other tokens, and as a result I will continue to stay well clear of crypto assets.

It sounds like you haven't actually done any proper research but are commenting anyway. If you spent a few hours you would learn the value proposition and the point of Bitcoin (although you need to actually study it).

Doge was literally born from a p1ss-take (the creator has said so itself), and it is the antithesis of bitcoin in just about every way.

So no, you cannot possibly compare the two and your comments just show your ignorance of this topic. 

Oh wait, let me try...

It sounds like you've done no proper research but have instead just jumped on board the bandwagon blindly.  If you spent a few hours you would also question the lack of a value proposition and would struggle to find the point of bitcoin just like I have.

Yes, dogecoin was literally created as a complete joke, and from there it took off.  Future changes in value are, however, based on where it is now and don't care at all where it came from.  As such, the only meaningful comparison you can make is between two tokens that do more or less the exact same thing.  Bitcoin offers nothing more than dogecoin, which you've already said was made as a joke.

Next time try to actually make a point rather than just insulting me and assuming that this would somehow make your point for you.

Zola.

I have known about bitcoin for years. In the last few months alone I have read approx 10 books around the subject and in-depth right on the subject. I have also read countless long-form articles, as well as listened to hundreds of hours of long-form podcasts, often featuring some of the best investors on this planet. So I think I am well versed in bitcoin. 

The fact that you do not seem to be able to grasp the value proposition is a clear demonstration that you have not looked into it deeply.

Zola.

Thrugelmir said:

Zola. said:

Aegis said:

Zola. said:

Aegis said:

Zola. said:

Not that I want to talk about !!!!!! coins in a bitcoin thread... but stupid meme dog coins are what's damaging to the likes of bitcoin as its all seen as "risky gambling crypto". People will get rekt when they jump into that mess and the rug is pulled from under them... and they deserve it. 

I genuinely can't see any way to interpret your comments that wouldn't apply equally to bitcoin.

If by this stage, that you cannot clearly see that Bitcoin is vastly different from the other 9000 odd "cryptocurrencies", (which are mostly extremely poor copycats and are not actually decentralised),  with sovereign wealth funds, wall street ETFs, pension funds, massive corporations, and banks all flocking into bitcoin (and not all the other crap) then I do not know what to say other than maybe you should do some research?

That's all I ever get told, as though the research I have done has been utterly worthless.  My point is that you can apply literally every criticism of dogecoin against bitcoin with exactly the same validity, the only difference is that bitcoin is seen as more legitimate by more people for some reason, perhaps because it was the original.  I don't personally see any benefit to owning bitcoin vs dogecoin or other tokens, and as a result I will continue to stay well clear of crypto assets.

I
Doge was literally born from a p1ss-take (the creator has said so itself), and it is the antithesis of bitcoin in just about every way.

So no, you cannot possibly compare the two and your comments just show your ignorance of this topic. 

Investors should never become emotionally attached to their investments. More often or not it comes back at some point to bite them hard. 

Bitcoin most likely will crash hard again no doubt, that's par for the course, and is a good time to scoop up on a discount. 

There is no emotion here, I just think it's a good investment vehicle as part of a well-diversified portfolio.. and most other "cryptos" need to be called out for what they are. 

Cus

Thrugelmir said:

Zola. said:

Aegis said:

Zola. said:

Aegis said:

Zola. said:

Not that I want to talk about !!!!!! coins in a bitcoin thread... but stupid meme dog coins are what's damaging to the likes of bitcoin as its all seen as "risky gambling crypto". People will get rekt when they jump into that mess and the rug is pulled from under them... and they deserve it. 

I genuinely can't see any way to interpret your comments that wouldn't apply equally to bitcoin.

If by this stage, that you cannot clearly see that Bitcoin is vastly different from the other 9000 odd "cryptocurrencies", (which are mostly extremely poor copycats and are not actually decentralised),  with sovereign wealth funds, wall street ETFs, pension funds, massive corporations, and banks all flocking into bitcoin (and not all the other crap) then I do not know what to say other than maybe you should do some research?

That's all I ever get told, as though the research I have done has been utterly worthless.  My point is that you can apply literally every criticism of dogecoin against bitcoin with exactly the same validity, the only difference is that bitcoin is seen as more legitimate by more people for some reason, perhaps because it was the original.  I don't personally see any benefit to owning bitcoin vs dogecoin or other tokens, and as a result I will continue to stay well clear of crypto assets.

I
Doge was literally born from a p1ss-take (the creator has said so itself), and it is the antithesis of bitcoin in just about every way.

So no, you cannot possibly compare the two and your comments just show your ignorance of this topic. 

Investors should never become emotionally attached to their investments. More often or not it comes back at some point to bite them hard. 

I think it's very difficult to not have an emotional involvement.  For example one might not buy tobacco or oil stocks, or they do buy biotech or electric car stocks etc etc.