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Is Bitcoin and GOOGL good and enough diversified portfolio? Can't go wrong with those two... am I right? 😉😅
[CNBC] Three former DeepMinders are developing A.I. to pick stocks and crypto
Stock Market/Crypto Trader here. What’s next for the market?
A Comprehensive Technical Analysis of the Economy and the Stock Market
Great News From Kraken. Adopting both Google pay and Apple Pay on their platforms
Is ETHEREUM a good investment today?
🔥BabyGoogle ($BabyG)🔥 - Earn GOOGL stock from holding $BabyG
Which crypto would you go all in, and why?
Latest on Cryptocurrency Scam. 9.5 bitcoins lost
Looking at: Google - BTC - GME: 2019 - 2021
Mentions
“Most companies in the S&P utilize debt” Why is this a bad thing? If you can borrow at 5%, invest in your own business and return 10%, you’d be stupid not to take on debt. “Or have immoral streams of revenue” First off, I’d argue that the vast majority of SPY companies benefit society much more than they hurt it. Taking a black and white approach is very dangerous. Life is gray, nothing is pure good or pure evil. “only a sith deals in absolute” - Obi Wan Second, the top 5 holdings of SPY are AAPL, MSFT, AMZN, NVDA, and GOOGL. None of those sell alcohol or promote gambling. Maybe you can buy alcohol on AMZN, but they don’t make it.
I'm pretty sure FB and GOOGL have zero value to some people lol
>**Bitcoin trading volume hits six-year low amid macroeconomic uncertainty** > >Published Sep 26, 2023 03:29PM ET > >Amidst a climate of macroeconomic uncertainty, Bitcoin (BTC) exchanges have seen a significant decrease in trading volume. This decline has been observed over the past few months, with daily BTC volumes reaching lows not seen since 2018, according to research published by on-chain analytics platform CryptoQuant on September 25, 2023. > >The analysis highlighted that daily BTC spot exchange transactions ranged between 8,000 and 15,000 in the past week, a stark contrast to the average March daily tally, which exceeded 600,000. The drop in volume coincides with Bitcoin price action remaining within a familiar range for several months. > >Contributing analyst at CryptoQuant, Caue Oliveira, attributed the decline in trading volumes to the prevailing macroeconomic climate. He noted that actions by the United States Central Bank have perpetuated a constant feeling of uncertainty, leading investors to anticipate a possible recession. The Federal Reserve's inconsistent stance on interest rate hikes and pauses throughout 2023 has contributed to this sentiment. > >The decline in trading volumes and the shift towards long-term holding come at a time when Bitcoin price is trending toward the $26,000 mark. Despite this, short-term holders currently hold almost their funds at an unrealized loss, with their cost basis higher than the current spot price. > >**As a result of these factors, interest in Bitcoin has also declined. Google (NASDAQ:GOOGL) Trends data shows the lowest interest in "Bitcoin" as a search term since October 2020. This data suggests that external interest in BTC exposure remains low amidst the current economic uncertainty and market conditions.** https://www.investing.com/news/cryptocurrency-news/bitcoin-trading-volume-hits-sixyear-low-amid-macroeconomic-uncertainty-93CH-3183318
Last 10 Years Bitcoin $BTC: +30,820% NVIDIA $NVDA: +11,977% $AMD: +2,847% Tesla $TSLA: +2,279% Apple $AAPL: +1,157% Microsoft $MSFT: +1,078% Netflix $NFLX: +1,068% Amazon $AMZN: +833% Facebook $META: +683% Google $GOOGL: +481% S&P 500 $SPY: +216% Gold $GLD: +40% US CPI: +31%
Apple at all time highs, NVDA at all time highs, MSFT, GOOGL and all tech stocks getting close to all time highs......BTC down 60% from ATHs LOL
yeah i try to divide between stocks and crypto. if you don't know much, i'd stick with buying etfs like SPY and VOO. APPL/AMZN/GOOGL/MSFT/DIS are also pretty safe bets for a new investor, but again, i'd stick with the ETFs that mirror the market as a whole before you know more about things.
Hey friend, care to explain why my GOOGL, AMZN, BIIB, BKNG, EW, META, MNST and WAT holdings are not paying dividends? Are these not actual investments either?
You're mistaking your opinion for fact. I don't believe I could make the same gains in tech at the same level of risk as BTC or ETH. I prefer to sit somewhere between the safety of MSFT/AAPL/GOOGL and the shit coin roulette
>He’s notoriously bad at tech stocks too. Well, yes and no. His biggest holding in entire portfolio is Apple. Other tech stocks include GOOGL, CDNS, MPWR, TER, KLIC, STM and others.
I have not gotten an answer from anyone here posing the question: If Bitcoin is a currency and it offers us freedom from banks, a simple fact need explained. I want to learn and understand from people here, not aimed to counter to bitconers If Bitcoin is a currency, and it's an alternative to fiat currency, how come : 1bitcoin =24K USD 1 Bitcoin is equal to a value in USD currency. Therefore if USD currency is the economic reality of USA money, and this money is administered/printed and valued according to world economics, so does Bitcoin! How in this equation, Bitcoin is the future and it's the currency and it offers us freedom from government and banks? This doesn't make sense to me. Same way, 1 GOOGL stock is valued at 90 USD at the moment. How is Bitcoin any different in all of these? Based on these equations, Bitcoin is more like a Google stock without a company behind it and merely valued based on speculation What am I thinking wrong?
GOOGL is down by 8% because their bot fucked up during a presentation? 🤣
GOOGL and MSFT both moving up on AI hype, I doubt the gravy train stops very soon on some of these ai cryptos. Greater fool theory definitely in play soon enough though
I’m just going to put this up again as a PSA. This next week could be crazy - be prepared for some volatility. Not only FOMC, but also major NASDAQ earnings. Set to report this week: Meta Platforms (NASDAQ:META) Apple (NASDAQ:AAPL) Alphabet (NASDAQ:GOOGL) Amazon (NASDAQ:AMZN)
This next week could be crazy - be prepared for some volatility. Not only FOMC, but also major NASDAQ earnings. Set to report this week: Meta Platforms (NASDAQ:META) Apple (NASDAQ:AAPL) Alphabet (NASDAQ:GOOGL) Amazon (NASDAQ:AMZN)
Apple makes up slightly less than 6% of SPY. Post earnings, APPL has, generally, moved approximately +/- 3.9%. Last earnings resulted in a 7.6% actual move (which is significantly greater than average). Keep in mind that APPL is also about 10% below its SMA200. What does this mean? Well, nobody can predict the future and past events/data do not necessarily accurately reflect what will happen this time. However, I would think that even a relatively big miss (something like the recent GOOGL 15.4% miss on EPS and 2.2% miss on revenue) is only going to result in a price drop of 8% or less. To be clear - GOOGL dropped more than that following it’s miss. However, the entire tech sector has already had a correct (though not necessarily the final correction). I am certainly not a guru or a soothsayer. But I would be surprised if SPY moved more than 3% following an AAPL earnings miss.
I guess the silver lining here is that those who are trying to exploit the crypto community are getting exposed or cornered. While it’s great that BTC could go back to 30K, those crooks like FTX, Celsius would still be operating under the disguise that everything is alright. That I’d argue would be worse in the long run. I guess these are necessary growing pains for an asset that’s still very new and highly speculative. There’s a lot of nastiness to shake off and folks are starting to understand the line between total decentralization and total regulation. I assume in the next decade or so we’ll find the happy middle point between the two. Im still very optimistic going long and sort of happy that crypto community is having an honest discourse with itself. This is time of reeling, healing and eventually growing. Lastly, this is pain not exclusive to crypto. Many folks got torched holding stocks, even ones that were deemed “safe” (NVDA, AMZN, GOOGL and META). So folks need to understand the macro environment and not make panic moves like sell all their crypto for something else that’s also in the dumps. When time comes for money to flow back into the markets, you can bet crypto will rally again.
I guess the silver lining here is that those who are trying to exploit the crypto community are getting exposed or cornered. While it’s great that BTC could go back to 30K, those crooks like FTX, Celsius would still be operating under the disguise that everything is alright. That I’d argue would be worse in the long run. I guess these are necessary growing pains for an asset that’s still very new and highly speculative. There’s a lot of nastiness to shake off and folks are starting to understand the line between total decentralization and total regulations and I assume in the next decade or so we’ll find the middle point between the two. Im still very optimistic going long and sort of happy that crypto community is having an honest discourse with itself. This is time of reeling, healing and eventually growing. Lastly, this is pain not exclusive to crypto. Many folks got torched holding stocks, even ones that were deemed “safe” (NVDA, AMZN, GOOGL and META). So folks need to understand the macro environment and not make panic moves like sell all their crypto for something else that’s also in the dumps. When time comes for money to flow back in to the markets, you can bet crypto will rally again.
"Between October 24 and October 28: GOOGL shed 6.2%, Amazon dropped 13.3%, Apple gained 4.5%, Meta crashed 23.5%, and Microsoft lost 4.8%." Honestly these aren't too bad other than Meta, which is expected. BTC can dump twice as hard in just a day.
tldr; Software giant Alphabet Inc. (NASDAQ: GOOGL) announced a cloud-based node engine service for Ethereum (CRYPTO: ETH) developers and projects. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
tldr; Alphabet, the parent company of Google, GOOGL 104.48 USD +1.96 (1.91%), posted quarterly results yesterday, falling short of Wall Street projections on both the top and bottom lines due in large part to lower-than-expected revenue from YouTube ads. Following the revelation, investors dumped over 6% of their holdings in Alphabet. In the most recent few *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
My goal is 1,000,000 shares of SCHD, GOOGL, SWPPX and 50,000 ETH. I’m about .0001% on my way there!
Interesting to see how much is being pumped into the sector. "Alphabet (NASDAQ: GOOGL) invested $1.56 billion in blockchain companies between September 2021 and June 2022 with four rounds, taking the lead among publicly listed firms investing in the sector, research published by Blockdata on August 11 indicates. During the period, Blackrock (NYSE: BLK), with three rounds, invested $1.17 billion, followed by banking giant Morgan Stanley (NYSE: MS) at $1.1 billion with two rounds. Elsewhere, electronic giant Samsung leads in the number of funding rounds at 13 with $979 million, while Goldman Sachs (NYSE: GS) occupies the fifth spot at $698 million. "
Sub-dividing it doesn't dilute existing BTC, though. So there's no real "division" going on. Sure, you can split GOOGL stock 1:2 and end up with individual shares that are worth half as much, but someone who was holding 200 shares of GOOGL yesterday still holds the same fraction of the company today. But every time a new Bitcoin is mined, it reduces my total percentage of the world-wide BTC pool. These are not the same thing, and yes, the number of times that that can happen is capped.
“In an update on Twitter, developers announced that they are working with Australian game developer PlaySide Studios to release the Shiba Eternity game on both the Apple Inc (NASDAQ:AAPL) App Store and Alphabet Inc (NASDAQ:GOOGL) (NASDAQ:GOOG) Play Store.” - Benzinga
90% GOOGL, 9% SHOP, 1% CKB Why you ask? Outside of raw land where you can score sweet AG tax exemptions, Alphabet is the safest play in investing. It's a real company with it's tentacles in just about every profitable arena. Crypto is too... crypto right now. Speculative at best, with 1000 shillers for every altcoin that manifests into reality. Sure, the stock market is manipulated to hell and back, but I don't figure Google to rugpull any time soon.
>the market is up this time. Earnings reports are coming soon According to who exactly? We have a majority of earnings down across multiple sectors, especially among the major players, from manufacturing to tech (MSFT/GOOGL) to retail (TGT/WMT). The last rate hike was also accompanied by a pump that lasted about a day followed by one of the worst sustained sell-offs in recent history across all three major indices.
I trade SPY, APPL, GOOGL, TSLA, NVDA. However, all of my trades are in Bitcoin futures. I also arb ETH against Bitcoin and provide spot liquidity for CRO (market making). If you want to trade Bitcoin profitably, you need to follow the stock market and the dollar. When the NYSE is open, there's always lots of manual trading opportunities. When the NYSE is closed, algorithmic trading is the best option, especially if you want to be on the right side of bittys wild pump and dumps.
My money's on GOOGL and AMZN. Oh wait...
The only stocks I'm really waiting to buy are MSFT, NVDA, GOOGL, AMZN, AMD. Outside of that I just do indexes and day trade SPY. I'd think about JPM and some other banks after the market gets clobbered and the trash gets taken out. I've got cash stocked up for purchases when the market is sufficiently beaten down. Outside of that $10k into I-bonds will yield good interest for the next year to year and a half. I think food disruption from Ukraine/Russia and then EU/Africa will cause issues in the short-term. In the long-term I look at what Burry said and think you have mega-corps cutting spend and reducing inventory in the short-term with rising rates, but as soon as rates start decreasing there will be a supply shock due to lack of supply while people are again flush with cash - and you'll have this whipsaw between extremes at both sides of the demand equation.
Bro you do realize physical or liquid it’s still an asset. Can you explain any of this? Why did JPmorgan make a privatized coin for its shareholders? Why is Bank of America educating people on the changes coming from crypto? Why are global economist warning if banks don’t get on the trend they will fall behind in the future? Please I have to know why you think banks are so good compared to crypto. Other than being biased. Please post some factual information that backs what you’re saying. Currently, cryptocurrencies are regulated in the US by a plethora of institutions - CFTC, SEC, and the IRS - making it difficult to create an overarching regulatory guideline even in the States alone. https://softjourn.com/insights/will-bitcoin-ever-be-regulated#:~:text=Believe%20it%20or%20not%2C%20Bitcoin,strict%20KYC%20and%20AML%20laws. The U.S. Federal Reserve has announced that it is assessing a central bank digital currency (CBDC). The central bank has released the preconditions necessary for the launch of the digital dollar. Hedera is one of the platforms rumored to be potentially working on the CBDC. Hedera is backed by Google (NASDAQ:GOOGL), IBM (NYSE:IBM), Boeing (NYSE:BA), and LG Electronics. https://hill.house.gov/news/documentsingle.aspx?DocumentID=8350 Cryptocurrency exchanges are legal in the United States and fall under the regulatory scope of the Bank Secrecy Act (BSA). In practice, this means that cryptocurrency exchange service providers must register with FinCEN, implement an AML/CFT program, maintain appropriate records, and submit reports to the authorities. https://complyadvantage.com/insights/crypto-regulations/cryptocurrency-regulations-united-states/ https://www.reuters.com/markets/us/us-senators-unveil-bill-regulate-cryptocurrency-2022-06-07/ You just stated crypto is backed my nothing that’s completely false.
Can you explain any of this? Why did JPmorgan make a privatized coin for its shareholders? Why is Bank of America educating people on the changes coming from crypto? Why are global economist warning if banks don’t get on the trend they will fall behind in the future? Please I have to know why you think banks are so good compared to crypto. Other than being biased. Please post some factual information that backs what you’re saying. Currently, cryptocurrencies are regulated in the US by a plethora of institutions - CFTC, SEC, and the IRS - making it difficult to create an overarching regulatory guideline even in the States alone. https://softjourn.com/insights/will-bitcoin-ever-be-regulated#:~:text=Believe%20it%20or%20not%2C%20Bitcoin,strict%20KYC%20and%20AML%20laws. The U.S. Federal Reserve has announced that it is assessing a central bank digital currency (CBDC). The central bank has released the preconditions necessary for the launch of the digital dollar. Hedera is one of the platforms rumored to be potentially working on the CBDC. Hedera is backed by Google (NASDAQ:GOOGL), IBM (NYSE:IBM), Boeing (NYSE:BA), and LG Electronics. https://hill.house.gov/news/documentsingle.aspx?DocumentID=8350 Cryptocurrency exchanges are legal in the United States and fall under the regulatory scope of the Bank Secrecy Act (BSA). In practice, this means that cryptocurrency exchange service providers must register with FinCEN, implement an AML/CFT program, maintain appropriate records, and submit reports to the authorities. https://complyadvantage.com/insights/crypto-regulations/cryptocurrency-regulations-united-states/ https://www.reuters.com/markets/us/us-senators-unveil-bill-regulate-cryptocurrency-2022-06-07/ Educate yourself.
Can you explain any of this? Why did JPmorgan make a privatized coin for its shareholders? Why is Bank of America educating people on the changes coming from crypto? Why are global economist warning if banks don’t get on the trend they will fall behind in the future? Please I have to know why you think banks are so good compared to crypto. Other than being biased. Please post some factual information that backs what you’re saying. Currently, cryptocurrencies are regulated in the US by a plethora of institutions - CFTC, SEC, and the IRS - making it difficult to create an overarching regulatory guideline even in the States alone. https://softjourn.com/insights/will-bitcoin-ever-be-regulated#:~:text=Believe%20it%20or%20not%2C%20Bitcoin,strict%20KYC%20and%20AML%20laws. The U.S. Federal Reserve has announced that it is assessing a central bank digital currency (CBDC). The central bank has released the preconditions necessary for the launch of the digital dollar. Hedera is one of the platforms rumored to be potentially working on the CBDC. Hedera is backed by Google (NASDAQ:GOOGL), IBM (NYSE:IBM), Boeing (NYSE:BA), and LG Electronics. https://hill.house.gov/news/documentsingle.aspx?DocumentID=8350 Cryptocurrency exchanges are legal in the United States and fall under the regulatory scope of the Bank Secrecy Act (BSA). In practice, this means that cryptocurrency exchange service providers must register with FinCEN, implement an AML/CFT program, maintain appropriate records, and submit reports to the authorities. https://complyadvantage.com/insights/crypto-regulations/cryptocurrency-regulations-united-states/ https://www.reuters.com/markets/us/us-senators-unveil-bill-regulate-cryptocurrency-2022-06-07/
You have no idea what you’re talking about. Sorry. Currently, cryptocurrencies are regulated in the US by a plethora of institutions - CFTC, SEC, and the IRS - making it difficult to create an overarching regulatory guideline even in the States alone. https://softjourn.com/insights/will-bitcoin-ever-be-regulated#:~:text=Believe%20it%20or%20not%2C%20Bitcoin,strict%20KYC%20and%20AML%20laws. The U.S. Federal Reserve has announced that it is assessing a central bank digital currency (CBDC). The central bank has released the preconditions necessary for the launch of the digital dollar. Hedera is one of the platforms rumored to be potentially working on the CBDC. Hedera is backed by Google (NASDAQ:GOOGL), IBM (NYSE:IBM), Boeing (NYSE:BA), and LG Electronics. https://hill.house.gov/news/documentsingle.aspx?DocumentID=8350 Cryptocurrency exchanges are legal in the United States and fall under the regulatory scope of the Bank Secrecy Act (BSA). In practice, this means that cryptocurrency exchange service providers must register with FinCEN, implement an AML/CFT program, maintain appropriate records, and submit reports to the authorities. https://complyadvantage.com/insights/crypto-regulations/cryptocurrency-regulations-united-states/ https://www.reuters.com/markets/us/us-senators-unveil-bill-regulate-cryptocurrency-2022-06-07/ Old people constantly prove they are unable to absorb new technology and ideas. When you post biased false information because it lines up with your idealism you only show your lack of understanding which is dangerous as you spread false claims.
Currently, cryptocurrencies are regulated in the US by a plethora of institutions - CFTC, SEC, and the IRS - making it difficult to create an overarching regulatory guideline even in the States alone. https://softjourn.com/insights/will-bitcoin-ever-be-regulated#:~:text=Believe%20it%20or%20not%2C%20Bitcoin,strict%20KYC%20and%20AML%20laws. The U.S. Federal Reserve has announced that it is assessing a central bank digital currency (CBDC). The central bank has released the preconditions necessary for the launch of the digital dollar. Hedera is one of the platforms rumored to be potentially working on the CBDC. Hedera is backed by Google (NASDAQ:GOOGL), IBM (NYSE:IBM), Boeing (NYSE:BA), and LG Electronics. https://hill.house.gov/news/documentsingle.aspx?DocumentID=8350 Cryptocurrency exchanges are legal in the United States and fall under the regulatory scope of the Bank Secrecy Act (BSA). In practice, this means that cryptocurrency exchange service providers must register with FinCEN, implement an AML/CFT program, maintain appropriate records, and submit reports to the authorities. https://complyadvantage.com/insights/crypto-regulations/cryptocurrency-regulations-united-states/ https://www.reuters.com/markets/us/us-senators-unveil-bill-regulate-cryptocurrency-2022-06-07/ Old people constantly prove they are unable to absorb new technology and ideas. When you post biased false information because it lines up with your idealism you only show your lack of understanding which is dangerous as you spread false claims.
This one guy on twitter bought a GOOGL $2300c call expiring in exactly one month for like $6K lol
>It's like buying a house and letting it sit empty and expecting a positive return when anybody can simply make their own houses (other crypto). This is exactly what is happening though. People buy houses, make minor changes and then sell them for tens of thousands more? House prices have been rising by about 10% every single year near me. >Yes, renting out your crypto would be similar to renting out a house, with the major exception that housing is necessary for human life. So like purchasing commercial office space? Or retail? Etc. >Also the risks are far different, the legal system protects your asset you are renting out whereas if nobody pays back your crypto loan the government won't involve the authorities to get your asset back. Yep. There's also risky non crypto investments. Doesn't change anything though. >Also, GOOGL and AMZN don't pay dividends because the shareholders are happy with the returns. If they were to remain flat for five years or so I can guarantee you the shareholders would vote in a dividend or share buyback. Same with some cryptos? Plenty of cryptos have similar mechanisms that the holders can vote on.
Yes, renting out your crypto would be similar to renting out a house, with the major exception that housing is necessary for human life. Also the risks are far different, the legal system protects your asset you are renting out whereas if nobody pays back your crypto loan the government won't involve the authorities to get your asset back. But yes, lending crypto is a different beast and my issue is people buying and holding and simply expecting the price to increase. It's like buying a house and letting it sit empty and expecting a positive return when anybody can simply make their own houses (other crypto). Also, GOOGL and AMZN don't pay dividends because the shareholders are happy with the returns. If they were to remain flat for five years or so I can guarantee you the shareholders would vote in a dividend or share buyback.
>A crypto like Bitcoin has no 'cheap' valuation and no 'expensive' valuation. You will never get any earnings from Bitcoin. It will never make you more money unless you convince somebody to buy it from you. You'll never get money from GOOGL or AMZN unless you get someone to buy it from you. >You can have a positive return with stocks, real estate, and bonds even if you NEVER sell the asset. That is the fundamental difference. Crypto is ONLY speculation. Speculation exists for other assets but it is not the sole return driver. See, you're talking about positive returns from real estate? Do you mean by renting your asset out? Similar to how you can essentially rent your crypto out as well?
Crypto, Stocks, all requires long term thinking. People doubt everything. I doubted my boy when AMD was $3/share. People doubted me when GOOGL was $800/share. Everyone will always doubt. Just have high enough conviction in your positions
I dont use robinhood for crypto, I use it for AMZN and GOOGL stock holding, and I’m pretty sure they have no control over the money that is invested into shares under my name
GOOGL missed earnings and is tanking. I assume BTC, being a tech stock, will follow. Sure smells like a recession at this point.
Decentralised leverage trading stocks is opening in next couple of weeks on [gains.trade](https://gains.trade), theres already some visible GOOGL/USD trades on testnet - at minimum, we're going to be able to leverage trade against events like this on chain very soon.
stocktwits is still worse imo they pump their microcap garbage like it'll be the next GOOGL or something and they genuinely believe in it at least ppl here buying APE know they're just gambling
tldr; Shark Tank host Kevin O'Leary revealed that 20% of his investment portfolio is made up of cryptocurrencies and blockchain. "I own 32 different positions, including equity FTX itself," he said in an interview on CNBC's Squawk Box. "If you own Microsoft Corporation (MSFT), if you own Alphabet, Inc. (NASDAQ:GOOGL) (GOOG), why not own Bitcoin (CRYPTO: BTC)," he added *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Why would you DCA at a time like this? Go hard af when it dumps. You could have bought GOOGL at $2500 or NVDA at $200
If we’re comparing dot com bubble and crypto bubble. The 17-20k BTC blowoff top during Christmas is the bubble and now we’re heading towards the stage where the dot com companies rule the world (APPL, AMZN, MSFT, GOOGL).
Did you miss AAPL, MSFT, GOOG/GOOGL, AMD, or AMZN earnings? They all jumped since they hit or beat estimates.
tldr; Technology Order Reprints Print Article Google could be a blockchain player. Sundar Pichai, CEO of the tech giant and its parent company Alphabet (ticker: GOOGL), acknowledged the power of Web3 and blockchain in the group’s quarterly earnings call Tuesday. It was one of his first—if not the first—public comments on the technology. Web3... *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
If you live in India now (and assume this or worse will happen everywhere soon) you now owe the government a flat 30% of crypto profits as tax, and if you lost on other investments you cannot deduct that from your crypto gains. Therefore if you made $100,000 from cryptos and then lost $200,000 from something else, you owe the government $33,333, so you lost 233,000 or minus your after tax crypto gains $167,000. However is you invested in stocks instead and had the same numbers you wojld be taxed at a lower level with deductions allowed, so you would pay not tax at all and be able to carry over the loss into next years. That defeats the whole purpose of "diversifying into cryptos" or "cryptos as a hedge" since these days cryptos are much more likely to go down or do nothing than to ever repeat the covid shutdown meme stock rallies which were driven by hype and a totally unrealistic notion that crypto would replace real money. Also, Paypal is heavily intro cryptos and just blew their quarter and issues bad guidance and is down 17.5% after hours. GOOGL which has nothing to do with cryptos is up 8.5%. The fact that Bitcoin has stopped going down it likely because big whale exchanges whales like FTX have been propping it up, but that is very expensive and unsustainable. Paul Krugman compares the current crypto market to the subprime mortgage market in early 2008. However at least subprime mortgages had some liquidation value, crypto have none. They can all potentially go to zero.
Definition of a Ponzi Scheme: “A Ponzi scheme is an investment fraud that pays existing investors with funds collected from new investors. Ponzi scheme organizers often promise to invest your money and generate high returns with little or no risk. But in many Ponzi schemes, the fraudsters do not invest the money. Instead, they use it to pay those who invested earlier and may keep some for themselves.” You can vote on Tesla. Google you can only vote if you hold GOOGL, but not if you hold GOOG, both are publicly available. They are in fact investing your money to grow, so they are not completely detached from the price of the stock. The idea of them not giving dividends is because that money supposedly is being used to grow the company. Once their growth starts to slow down they start giving those dividends (like Apple and Microsoft). Crypto is similar, the idea is that they are investing the money on development, research, publicity, attracting developers, etc
Yes, makes sense. But if it's big companies tanking, I think it's probably bigger accounts dumping. Like if I had a bunch of GOOGL, I don't see myself selling at this point.
$GOOGL here we come then 🙄
I'm in a tough position. I racked up some debt and Margin last year. I was waiting till this year to sell off some positions and pay everything down. This year hits and the rally is missing. I've still got some profits (TSLA, AAPL, GOOGL etc.) But my small caps (PLTR, CRSR, NIO etc.) Are smashed down 20-25%. Now I'm still sure that this is an awful time to sell. I'm sort of attached to all my positions. If I hold and this is the bottom. Than I'll be great. If we aren't even in a bear market yet.... then I'm Fd.
It's better to HODL GOOGL, they produce value at a massive schale and tje number of shares decrease!
It also affected stocks. Check out what happened to TSLA, GOOGL and so on.
It's not just crypto. If you think BTC is down take a look at stocks like TSLA and GOOGL.
I have a different interpretation of what’s going on in the stock market. The speculative bubble on growth stocks has been deflating since February, one sector at a time, and people are putting their money into the most profitable companies instead (AAPL, MSFT, GOOGL, etc). I don’t think this predicts a wider market crash, just a correction of absurd valuations on speculative companies.
$IBFR (Buffer Finance) The only Options category in coingecko that have listed TSLA, AMZN, NFLX and GOOGL. Sitting on 3M marketcap. The top dogs on Options category are on 200M without the big listing I mentioned before. DYOR
IBFR, the first decentralized option trading that list $AMZN, $TSLA and $GOOGL. Only 3 Mil Marketcap. The biggest project in option category in Coingecko is 60+ Mil. DYOR
Shit, I’d happily trade 100k worth of my current crypto for 100k cash and give up crypto’s for 10 years ... if only to avoiding paying taxes on profits. I know it’s hard for people to see, but the stock market has more than plenty opportunities to make you rich. Just look at the price movement of AMD, NVDA, GOOGL, MSFT, AAPL in the past year and you’ll see you can still make solid returns without setting foot into crypto’s.
[source](https://www.investors.com/etfs-and-funds/sectors/sp500-companies-stockpile-1-trillion-cash-investors-want-it/) S&P 500 Companies With The Most Cash Cash and investments as of end of 2020, financial sector excluded Company (Ticker) Cash ($ billions) % cash Dividend Sector Apple (AAPL) $190.5 6.9% 0.6% Information Technology Alphabet (GOOGL) 168.5 6.1 0.0 Communication Services Microsoft (MSFT) 137.0 4.9 0.7 Information Technology Amazon.com (AMZN) 86.2 3.1 0.0 Consumer Discretionary UnitedHealth Group (UNH) 68.6 2.5 1.3 Health Care Meta Platforms (FB) 64.8 2.3 0.0 Communication Services Chevron (CVX) 47.1 1.7 4.7 Intel (INTC) 41.6 1.5 2.8 Information Technology Exxon Mobil (XOM) 41.2 1.5 5.5 Energy Anthem (ANTM) 39.5 1.4 1.0 Health Care Oracle (ORCL) 39.3 1.4 1.4 Information Technology Coca-Cola (KO) 36.2 1.3 3.0 Consumer Staples Ford Motor (F) 36.0 1.3 2.0 Consumer Discretionary CVS Health (CVS) 35.2 1.3 2.1 Health Care Walmart (WMT) 34.3 1.2 1.5
Alphabet Inc's (GOOGL.O) Google has invested $1 billion in CME Group (CME.O). It has also struck a separate deal to move the futures exchange operator's trading systems to the cloud. Essentially, Google owns a crypto trading desk now. BULLISH.
ehh, actually: Alphabet Inc's (GOOGL.O) Google has invested $1 billion in CME Group (CME.O) and has struck a separate deal to move the futures exchange operator's trading systems to the cloud, the companies said on Thursday. Zero mention of bitcoin. This is not about bitcoin.
No, and I didn’t use gold to buy anything before bitcoin. I don’t use shares of SPY or shares of AAPL or GOOGL either. Maybe one day it’ll make sense to transact in bitcoin but for now it’s a deflationary storage of value.
Ah this is a relief...my .02 GOOGL share and .00000000001 BTC and .00001 ETH is safe and sound! lol
This is what I’m doing. Each kid has a custodial account in my brokerage that will be changed to their ownership at 21 years old. It’s also been a cool teaching tool. We homeschool and this past year I started teaching our 9 and 6 year olds about some basic concepts of investing. I had them choose 4 companies they want to own a piece of and we invested in them. They chose YouTube (GOOGL), Disney, Apple, and Netflix. It’s been great watching them get excited when we opened the account after 6 months and see they’re up 20%. They’ve made 20% more money by doing nothing but investing it.
I'm not saying it's going to, but don't be so confident in it and don't risk a lot of your portfolio. Rather invest in MSFT GOOGL NVDA AAPL and stuff. Those are more stable and still give you good returns. You also should have 20% in VTI Total market ETF.
ATVI Z GOOGL CMG F GILD LRCX AAPL MRNA NVDA TRMB Thoughts?😎
My solution sniper bots was deploying my bots closer to the exchange (thanks for near infinite developer credits, AMZN MSFT GOOGL.)
75% whoa! That's risky? Most of my portfolio is MSFT and GOOGL AAPL
😂🤣 Not a movie I mean this: You own stocks in KO, FB, MSFT, AAPL, GOOGL, BRK.A etc etc. Has there ever been a legal case (all the way to SCOTUS) that allowed the confiscation of these stocks?
It's funny watching people try to get over this mental hurdle that stock investors deal with on a regular basis. Imagine not buying GOOGL at $1000 because one missed it at $300. And crypto has black swan events left and right, so it makes timing the market an even more futile endeavor. DCO is the way.
That's not really what people mean. Me buying AAPL, MSFT, AMZN, GOOGL, IBM is not diversifying. When people say diversify, they are talking about getting exposure to multiple markets, investment vehicles, industries, etc. Diversifying is decreasing risk. If big tech gets hit, you don't want to only be exposed to big tech. If you have a much higher risk tolerance and want to go big or go home, you don't have to. It's just generally recommended to diversify to limit risk and increase various exposure.
True, I am with you, But then same logic fits to costly stocks as well like AMZN, GOOGL, etc.. I bought in NVIDIA at $59 and then it recently reached $800 (before splitting 1:4), But I doubt this will happen. Big guys will always be there to dump and fund.
The top 10 global brands are: Apple (AAPL) Google (GOOGL) Amazon (AMZN) Microsoft (MSFT) Coca-Cola (KO) Samsung (SMSN) Toyota (TSE) Mercedes-Benz (DAIG) McDonald’s (MCD) Disney (DIS) All of them are using blockchain technology internally, or to promote and/or sell products. This is fantastic news!
My portfolio consists of MSFT,GOOGL,TSLA,BTC with a less ETH,GME and DOGE. I got in at under a cent on doge which is my pride and joy. As for DD i just try to stay informed through different financial outlets. Haven’t bought a ton recently and just holding and waiting. Even though I’m tempted to YOLO it into a potential non existent MOASS from GME. Really don’t have a good strategy tbh
**With paragraphs:** Cryptocurrency scams have soared in recent months, new figures reveal, as victims report losing millions every week to criminals seeking to capitalize on the bitcoin craze. As the value of bitcoin rallies, the findings have prompted warnings that the get-rich-quick frenzy is leaving new investors vulnerable to scammers, potentially overwhelming authorities with far more cases than they can deal with. Data obtained from Reimburse solutions tech, an international fraud reporting service, show that in the 12 months to December, reports of scams relating to cryptocurrency investments surged 57 percent year-on-year, to 5,581. In January, as bitcoin continued its ascent to record highs, the number of reports more than doubled compared to the same month in 2020, to reach 720 – equivalent to about 23 every day. In total, victims said they lost £113m last year to cold callers and other criminals promoting fraudulent cryptocurrency investments, according to the data received through a freedom of information request sent by the Investors’ Chronicle. Some £14.3m was declared stolen in January alone – suggesting an average loss of almost £20,000 per scam. The astronomic rise of bitcoin, promoted by advocates as one of the most secure assets to invest in, has prompted a flurry of advertising by cryptocurrency investment firms looking to win over new customers. But it has also spurred opportunism from more nefarious actors, who have made use of online platforms where financial promotions often elude regulatory scrutiny. In 2018, both Facebook (US:FB) and Alphabet's (US:GOOGL) Google decided to ban all bitcoin ads on their websites, amid concerns that many were being used to mislead investors. But since then, both companies have repeatedly been accused of hosting ads for fraudulent investment schemes on their websites, some of which have used fake bitcoin endorsements from celebrities. Last July, scammers reaped more than $100,000 after hacking several high-profile Twitter (US:TWTR) accounts and posting messages promising followers to double their money if they sent funds to an anonymous bitcoin address. Concerns have also been raised by reports that cold callers are now attempting to coerce elderly people into investing in fake cryptocurrency schemes, as bitcoin gains more mainstream recognition beyond its traditionally younger followers. Research by the Financial Conduct Authority found that 22 percent of cryptocurrency investors were aged over 55 in 2020, compared with just 7 percent in the previous year. “There are more opportunities for fraud in cryptocurrencies,” said Sam Tate, partner and head of white-collar crime at City law firm RPC. “Some people have made a lot of money out of cryptocurrency and that is drawing vulnerable investors.” Last month, RPC said it obtained figures from the FCA showing that the number of inquiries the financial regulator opened into unauthorized cryptocurrency businesses actually fell in the year to June, from 59 during the previous 12 months down to 52. The law firm warned that the FCA was probably only investigating the tip of the iceberg when it came to illegal cryptocurrency-related activity. “The question is: what is happening with these [Action Fraud reports] that might act as a deterrent to fraudsters? There is a real question around the funding for fraud investigation and whether sufficient resources can be put towards specifically crypto crime,” said Tate, pointing to the £100m that was earmarked in yesterday’s Budget for investigating coronavirus-related fraud. “Where is the additional funding [for tackling cryptocurrency scams]? Responding to the figures obtained by the IC, superintendent Sanjay Andersen, head of the National Fraud Intelligence Bureau, said: “UK policing and its partners, such as the Financial Conduct Authority... know the devastating impact investment fraud can have on victims, both financially and emotionally. We work closely together, in a whole-system approach, to disrupt criminal activity by shutting down websites and bank accounts, and build cases against the people carrying out these scams to bring them before the courts.” He added: “Criminals will go to great lengths to persuade you they are knowledgeable and professional, offering you big returns for little investment and effort. But remember, if a deal sounds too good to be true, it probably is.” This unregulated growth in fraudulent activities as been striking and firms like Reimburse Solutions Tech have been taking the fight to these scammers apprehending and repossessing stolen financial assists that these criminals have wrongfully extorted from their victims. Being scammed isnt something to be ashamed of, so dont hesitate to report any scam activities as it would increase you chances of getting these criminals of the streets.
i wasnt paying attention to wsb. you can just use a backtest tool [here](https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=2&startYear=2021&firstMonth=1&endYear=2021&lastMonth=6&calendarAligned=true&includeYTD=false&initialAmount=50000&annualOperation=0&annualAdjustment=0&inflationAdjusted=true&annualPercentage=0.0&frequency=4&rebalanceType=1&absoluteDeviation=5.0&relativeDeviation=25.0&reinvestDividends=true&showYield=false&showFactors=false&factorModel=3&benchmark=-1&benchmarkSymbol=VTI&portfolioNames=true&portfolioName1=ETH%2FBTC&portfolioName2=WSB&portfolioName3=Blue+Chip&symbol1=%5EETH&allocation1_1=60&symbol2=%5EBTC&allocation2_1=40&symbol3=GME&allocation3_2=60&symbol4=BB&allocation4_2=20&symbol5=WISH&allocation5_2=20&symbol6=GOOGL&allocation6_3=25&symbol7=MSFT&allocation7_3=25&symbol8=TXN&allocation8_3=20&symbol9=FB&allocation9_3=15&symbol10=AAPL&allocation10_3=10&symbol11=MSTR&allocation11_3=5). not able to add AMC for some reason. less work if you want to use it.
Can we short $GOOGL already? 🤮
Formula 1® has today announced Crypto.com, the fastest-growing crypto platform with over 10 million users worldwide, as a Global Partner and Inaugural partner of the new Sprint series for 2021, with the first event at Silverstone on Saturday 17 July, ahead of the FORMULA 1 PIRELLI BRITISH GRAND PRIX 2021. Crypto.com, will also have a trackside presence at every race for the remainder of the season as part of a leading Global partnership deal with Formula 1®. In addition to building the world’s fastest growing crypto platform and the leading app in both the App Store and Google (NASDAQ:GOOGL) Play the Crypto.com Visa (NYSE:V) Card is the world’s most popular crypto card available in 30+ countries world-wide. Partnering with Formula 1 will ensure Crypto.com continue to grow their brand awareness on an international stage As F1® continues to explore new ways for fans to engage and become more immersed in the sport, Crypto.com will also become the Official Cryptocurrency Sponsor and NFT Partner of F1®. Mirroring the fan-first approach F1® has adopted to engage with new audiences, Crypto.com aim to democratize the world of cryptocurrency for fans, through education and experiences in the new partnership. Crypto.com will also present a brand new award, which will be annouced ahead of the Belgian Grand Prix. Aligning with the sustainability plans for F1®to be Net Zero Carbon as a sport by 2030 Crypto.com announced an ambitious pledge in May 2021 to become carbon negative within 18 months, offering the industry a path and a model for “clean crypto”. This plan will initially focus on an assessment of the carbon generated through cryptocurrency trading, deposit and withdrawal activities across all of its own platforms, before reevaluating the ways it operates throughout the business outside of trading. ”
I didnt. Hence why I said before the bull run, I held through it. What other investments have doubled in the last 3 years? AAPL, MSFT, AMZN, FB, GOOGL, the s&p 500 index
I personally do 80% in ETH because it is the biggest, 20% spread across everything else just in case it's the next GOOGL. ​ That way I sleep better at night either way.
I'm from the stock world too, and I just bought my first tranche of crypto a couple of months ago. I'm DCA'ing putting in some more every week. Personally, I don't try to time the market. I have no idea what BTC, or AMZN, or ETH, or GOOGL is going to be in a month or a year. I have confidence that over the long run they'll all be worth more than they are today. The question, as you mentioned, is "what is a bear price?" If BTC raises to $100,000 and then falls to $75,000 you will have missed the chance to buy it at $58,000 today. Having said that, my version of DCA is a bit more loose than most. I have a set amount to invest starting every Friday. Instead of just buying on Friday, I wait for a dip during the week. If one doesn't happen, by Thursday I buy no matter what the price. I'll admit my main motivation is fun and market awareness. Some weeks it works out, some weeks it doesn't. Overall I'd guess that I'm not making any more than I would if I just bought at 5pm on Friday.
As I understand it, BTC is rarely used as an actual currency. It is mainly used for speculation, as an investment object. Now obviously I well aware that it is very much possible to use it for purchasing things, such as mailorder cocain. But if its mainly another tool for speculation. Then maybe a fairer comparison would be AAPL, AMZN, MSFT or GOOGL. All which are valued in trillions.
I learned it in the stock market. Some day trades, more swing trades, few holds over 1 month. After 10 years I looked back at stocks I traded in the past. Any one stock I traded would have made me 10x more money than day trading if I held the stock for 10 years. Despite profitably trading, there is no way to earn enough per year and keep up with gains over time. For reference, I traded tech like PCLN, NFLX, GOOGL, AAPL, LVS, FSLR, Etc. TL;DR Buy solid companies and hold. You’ll make more than trading.