As of today officially out of the stock market, buying BTC and PM,S

Discussion in 'Bullion Investing' started by mpcusa, Feb 24, 2022.

  1. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Exactly what I am talking about, it’s
    a good day when I don’t lose another
    10K in my portfolio.
     
    rzage and rte like this.
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

  4. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    It’s really funny how this thread has
    suddenly gone quite, for all the nay sayers, saying keep your money in
    saved myself $8K today setting on
    the sidelines, it feels so good :)
     
    rte likes this.
  5. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

  6. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    That chart speaks for itself, so basically
    3 weeks of bad news with in 2 days of
    good, not the way to make money that’s
    for sure.
     
  7. Santinidollar

    Santinidollar Supporter! Supporter

    Not the way to make money, but I took advantage of the downturn to add a few shares to three positions. As one wise age once said: “buy when the blood is flowing in the streets.”
     
    -jeffB likes this.
  8. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    and there flowing allot, many people wish to stay in and good for them, Russias war
    machine is only growing, next stop Kiev, I give that another week and they will be hoisting the Russian flag at the capitol :(
    Stocks way to volatile at this point to make money, maybe on the short side
    but in stocks more long term for me.
     
  9. Mr Roots

    Mr Roots Underneath The Bridge

    Don’t you claim you make money off of bitcoins volatility…you’re all over the place.
     
    -jeffB likes this.
  10. rte

    rte Well-Known Member

    Edited
     
    Last edited by a moderator: Mar 3, 2022
  11. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Edited
     
    Last edited by a moderator: Mar 3, 2022
  12. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Another red day for the Dow, I would really be crying by now if I was still
    In.
     
  13. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    82712C43-07B4-4CB7-A223-548A232ED28C.png 82712C43-07B4-4CB7-A223-548A232ED28C.png
     

    Attached Files:

  14. -jeffB

    -jeffB Greshams LEO Supporter

    Could be worse...

    upload_2022-3-3_22-55-55.png
     
  15. GoldFinger1969

    GoldFinger1969 Well-Known Member

    But the market is/was HIGHER than when you told your broker to get out of the market.

    Market timing doesn't work for 90-95% of us. Better to scale IN and scale OUT of strength and weakness.
     
  16. Mr Roots

    Mr Roots Underneath The Bridge

    The Dow was never over 30k till 2021, if you get out now because it’s at 33k you are the very definition of a weak hand.
     
  17. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    When you trade between the lines like I do it really doesn't matter up or
    down, but man people sure go out of there way to stick it to BTC but again
    trade what you like :)
     
  18. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I track it daily, and I have seen way more red days then green, and the green days
    I have seen are few and far between, so at this time, just working BTC and PM.S
    working really good for me at present :)
     
  19. GoldFinger1969

    GoldFinger1969 Well-Known Member

    I agree that it's paid to be out of the market the last few weeks or YTD or even the last 5-6 months given the carnage in the market.

    But it paid to have cash THEN and not raise it on Feb. 24th, that's my point. And people should be looking to BUY on weakness with a list of stocks to buy.

    I see lots of formerly high-growing tech stocks down 50%....60%.....75%. Starting to see a wash-out. Even if I am wrong, I'll do OK even if they go 30% lower when they rebound.

    Good dividend payers on sale, too.

    Emerging markets small cap value is the key as per GMO.
     
  20. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I dont like the volitilty in the market right now, this is why I set in aside for the time
    being until things get a little more under control in the Ukraine, but who knows how
    long that will take, only god knows ! but did buy some more GOLD today with
    some BTC foam both are good players for me in the mean time.
     
  21. GoldFinger1969

    GoldFinger1969 Well-Known Member

    I agree that volatility can be difficult to deal with. But that volatility is why you get paid excess returns from equities.

    Use volatility to your advantage. Buy lower and set targets where you will automatically buy quality mutual funds or good stocks.
     
Draft saved Draft deleted

Share This Page