Post by
Potadvisor1 on Mar 05, 2024 4:53pm
I had to laugh when Andrew dumbell on BNN said
after SH-tcoin dropped (as it should) what are investors going to do now? LOL Oh you mean GAMBLERS. Lets evaluate shall we ???
Does it have a product or sell a product ? ERRRR NO
Does it have earnings ? ERRRR NO
Is it expected to have future earnings ? ERRRR NO
Is it backed by anything, eg; government, gold ??? HRRRR NO
THAN WHAT IS IT ???
Ah, it must be a piece of T-RD. Just like Charlie Munger said, you can try to color it, you can try to mask the smell by a strong perfume, but ultimately it still SMELLS and LOOKS like piece of T-RD.
You might say, but it's up huge. Yes, but so were the tulips and the dot coms now wern't they ???
It shows the world, as per stats, which show it is full of poor people about 95% in these markets all trying to make lots of money, and the only thing they know how to do is to GAMBLE, since INVESTING in a stock like IVN, you have to have knowledge, since we DON'T BET on a piece of T-RD, we INVEST IN A REAL COMPANY WITH A PRODUCT WE SELL, WE HAVE ASSETS, EARNINGS AND BIGGER EARNINGS IN THE FUITURE. I KNOW WHERE MY MONEY IS, besides, I don't like the SMELL of the former. LOL
Comment by
Cobalt on Mar 05, 2024 9:40pm
Tulpis topped out at $750k and that was a one country bubble this will be planet wide :) One year Bitcoin 180% IVN 16% BlackRock will cover the planet in BTC ETFs making it so so easy to get in.
Comment by
Drksideofmoon on Mar 05, 2024 11:47pm
This post has been removed in accordance with Community Policy
Comment by
Cobalt on Mar 06, 2024 10:34am
Fastest growth ETFs in history inflows are tops of all 3500 US etf now bigger then silver etfs take that silver stackers. Correct we have not seen anything yet boards are just getting around to saying yes for a % of their holdings, buys to come. Just wait for Asia to dropps ETFs, 3 countries as of now are working on it. Brazil just got one Go BlackRock Go.
Comment by
Cobalt on Mar 09, 2024 1:24pm
"According to an SEC filing on March 7, BlackRock, a global asset manager with more than $9 trillion in assets under management, is planning to invest in spot Bitcoin ETFs through its Global Allocation Fund (MALOX). This move reflects BlackRock's anticipation of growing institutional demand for Bitcoin, which could push its price above $600k."