forums

Off-Topic Stock Market & Crypto Discussion

CFLCane said:
Robinhood: You can buy/trade bitcoin here but you do do own the "keys" to bitcoin. This is like trading gold etf's, you bought gold but it's in a london vault.

Coinbase Pro: (cheaper trading fees than regular coinbase). You can buy/trade bitcoin here as well but you have the added ability to send your bitcoin to any other wallet that accepts bitcoin, or into cold storage. (you own the digital keys to your $)

Paypal: DYOR on this one i know you can buy it but i don't believe you actually own the keys to it here. You can spend it with paypal affiliated merchants, and perhaps use third parties to shop out of network based on quick read.

Cashapp: DYOR idk anything about this company

Grayscale Trust: Wouldn't recommend this. Fees and premiums out the ***.
Click to expand...
I looked into Grayscale and it works out to about a $6 premium per share (as of today) plus 2% fees annually. Thank you for the rest of the info.

Question on robinhood - what is the hubris that has made this app and trading platform so polarizing?
 
Advertisement
wspcane said:
I looked into Grayscale and it works out to about a $6 premium per share (as of today) plus 2% fees annually. Thank you for the rest of the info.

Question on robinhood - what is the hubris that has made this app and trading platform so polarizing?
Click to expand...

Robinhood has a very simple UI and was one of the first if not the first to offer no fees on equity trades. It spread like wildfire to young investors and completely disrupted the entire industry. Nearly every trading house introduced free trades in the last 6-8 months because of them and slew of mergers have also happened in that time frame. I believe they were also one of the first if not the first to offer purchasing fractional shares. They also have ultra competitive lending rates.

Because of their popularity with youth of course there was a lot of horror stories that came out about investors getting in over their head with margin lending and options trading. The main argument against them is that some of their warnings/guardrails weren't sufficient enough early on. They also had some outages during the march crash because of the ridiculous volume spikes (this happend to a lot of trading houses).

The app overall while extremely easy to use is extremely limited. They don't offer 10% of the research or depth an app like TD ameritrade offers. I do still have some $$ on Robinhood so I can take advantage of their margin when I need it and for buying crypto.
 
wspcane said:
I looked into Grayscale and it works out to about a $6 premium per share (as of today) plus 2% fees annually. Thank you for the rest of the info.

Question on robinhood - what is the hubris that has made this app and trading platform so polarizing?
Click to expand...

galaxy digital
galaxy digital
galaxy digital
galaxy digital
galaxy digital

www.galaxydigital.io

Home

Galaxy is a digital asset and blockchain leader helping institutions, startups, and individuals shape a changing economy.
www.galaxydigital.io
 
wspcane said:
Is this a stock or platform?
Click to expand...

I've talked about it in here extensively as a way to get excellent crypto exposure. I even recommended it to you, personally. See my post below!

BRPHF.

Basically becoming the black rock of crypto.

Up another 18% today.
 
Last edited:
Advertisement
Bird4um said:
Canadian ad company... I use a guy... stockgumshoe.com . Has hit many for me... Shopify at 50. He reads all those teasers like motley fool and deciphers the clues and tells you the stock they are recommending. Then he recommends or not. 4$ a month.
Click to expand...
Nice call on this. Still a buy? This conversation and rec slipped through the cracks for me.
 
Advertisement
Anyone like Luckin coffee in China? huge accounting fraud... Dropped from 50's to .95.... Maybe they fixed the issue. Still selling coffee in China... Up 42% today to $5.32 Some are saying it will survive...
 
Bird4um said:
Anyone like Luckin coffee in China? huge accounting fraud... Dropped from 50's to .95.... Maybe they fixed the issue. Still selling coffee in China... Up 42% today to $5.32 Some are saying it will survive...
Click to expand...
Just shot up to 7$ at 3pm. ****.
 
Cryptical Envelopment said:
Agree. Definitely some focused tech fund exposure if long-term.

Also... well, ok, I am going to pivot... this is making me speak a different language than I want to. I just don't understand why someone would want to invest in their best 100 ideas or in the 100 best companies that fit into a restrictive profile when they can invest in their best 10.

I would carve a little space out in his portfolio for some TPL. People don't understand it still. It's going to spit cash, probably forever. They are the largest landholder in Texas I believe. Its converting from the trust to a C-corp which is going to take the handcuffs off. Its not only an energy and grazing and more play... but its a future water rights investment. Long term, it's a no-brainer and could be a difference-maker. Regardless, the risk is very low IMO. How about 5%, @wspcane?

And you just have to have some crypto exposure in your life. At least a bit. Some smart people are calling for 20x. And you can do it without worrying about owning coins. It's multi-purpose. It's a hedge, a tech investment to some extent, and it gives you some exposure to a supposed new economy. I'd grab some Galaxy (BRPHF), just a little, and tuck it away for now. They are aiming to be the Black Rock of crypto, and its a coin play too as they have holdings.

And holy crap, XOM is down so much it's spitting off around a 10% DIV. You are talking about one of the most substantial companies in the world. What a fantastic time to take a position and sit on it long-term and reinvest the dividends. I think that's an easy 15%-25% a year.

How about a little AAPL? Or more than a little? You're not buying an iPhone company. You're betting on the fact that some of the greatest and most innovative minds on the planet, who get to spend FIFTEEN BILLION DOLLARS A YEAR SOLEY ON RESEARCH AND DEVELOPMENT are going to come up with what's NEXT. You want to bet against what they have in their secret pipeline? I think you just have to have some, and it's down nicely from its highs. They are going to dominate digital services eventually too, not that they aren't killing it already.

I guess you should own a little AMZN. I never have because I've never seen an entry point. And I've been wrong the whole way.

These aren't stocks you have to "manage." This is buy and hold type stuff. Fvck funds.
Click to expand...


@wspcane-

For fun, let's revisit the conversation and take a look at where these stocks were on Sept 24 when I posted this suggested long-term "buy it and forget it" portfolio that is more focused instead of just buying ETF's and funds, and where they are now.

TPL: Was $421, now $725, +72%

BRPHF: Was $2.02, now $6, +197%

XOM: Was $34, now $44.50, +31%

AAPL: Was $107, now $129, +21%

AMZN: Was $2,990, now $3,238, +8.3%


You'd be up +66% in your portfolio in less than three months if you split your investment evenly over these 5 stocks. And 60% of your portfolio would have been bluechips, and other 20% would have been maybe even more conservative in some people's minds (TPL). And this doesn't even include some dividends you would have been paid along the way (XOM and APPL).

You could do worse.
 
Last edited:
Cryptical Envelopment said:
@wspcane-

For fun, let's revisit the conversation and take a look at where these stocks were on Sept 24 when I posted this suggested long-term "buy it and forget it" portfolio that is more focused instead of just buying ETF's and funds, and where they are now.

TPL: Was $421, now $725, +72%

BRPHF: Was $2.02, now $6, +197%

XOM: Was $34, now $44.50, +31%

AAPL: Was $107, now $129, +21%

AMZN: Was $2,990, now $3,238, +8.3%


You'd be up +66% in your portfolio in less than three months if you split your investment evenly over these 5 stocks. And 60% of your portfolio would have been bluechips, and other 20% would have been maybe even more conservative in some people's minds (TPL). And this doesn't even include some dividends you would have been paid along the way (XOM and APPL).

You could do worse.
Click to expand...
I was actually thinking back on that post recently. Please do keep the recs coming, especially the blue chips! You know my risk tolerance with some of the smaller cap/OTC stocks is still not all the way aligned with yours. But I do think there is still a lot of value in the large caps still to be found.
 
Advertisement
Apple is supposed to have some new chip or something that is going to be a game changer. Maybe goodbye intel.
 
Bird4um said:
Apple is supposed to have some new chip or something that is going to be a game changer. Maybe goodbye intel.
Click to expand...

Intel is getting crushed from every angle at once, they're really in a bad spot. AMD has been gaining serious market share and is a really good spot to take the dominant position for desktop chips. They're also neck and neck with Nvidia on the GPU side. The stock has already run really far in the last 18 months but if they overtake intel it's going much higher. ( i was a late to the AMD party but i've been buying since 35$)
 
CFLCane said:
Intel is getting crushed from every angle at once, they're really in a bad spot. AMD has been gaining serious market share and is a really good spot to take the dominant position for desktop chips. They're also neck and neck with Nvidia on the GPU side. The stock has already run really far in the last 18 months but if they overtake intel it's going much higher. ( i was a late to the AMD party but i've been buying since 35$)
Click to expand...
Sold mine early and couldn’t get back in. ****ed about it!!!
 
Advertisement
CFLCane said:
Intel is getting crushed from every angle at once, they're really in a bad spot. AMD has been gaining serious market share and is a really good spot to take the dominant position for desktop chips. They're also neck and neck with Nvidia on the GPU side. The stock has already run really far in the last 18 months but if they overtake intel it's going much higher. ( i was a late to the AMD party but i've been buying since 35$)
Click to expand...
Is TSM in the same space as them?

Anyone expect to see massive cybersecurity spending in the next year or two following this Russia hack? I would love to see some military spending shift to this space.
 
@wspcane

TSM is the foundry that makes chips for a variety of companies including Apple and AMD. AMD and APPLE would be "architects" in this relationship. Intel did recently ink an agreement with tsm to help alleviate their self caused supply issues that started their decline.

I also own TSM as well as qcom, marvell, qorvo skyworks, xlnx, nvidia, apple. Im big on the sector long term and there still a half dozen names id like to add. Intel to me just looks like its the obvious loser of the bunch right now.
 
Last edited:
Advertisement
Back
Top