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Front Room
7 years ago

Bitcoin...

... is up about 40% since I made the last thread on February 24th. In comparison, the S&P 500 is up about 3% since then. If this trend continues, where do you think I will get a greater return--in Bitcoin, the money of the future, or in the currently-overvalued stock market? I wondeeerrrrr............

P.S. Don't buy Bitcoin, it's too risky. LMAO.
P.P.S. Seriously, the 1-day RSI is over 90; don't buy Bitcoin right now.

comments (13)

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Avatar for san_jose_guy
san_jose_guy

Maybe when you think it is about as high as it can get, then you want to buy in.

Hard to imagine anything more bullshit than the stock market, but you seem to have found it.

Can I interest you in SJG Coin? cdn3.volusion.com

SJG

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Avatar for mark94
mark94

The Economist magazine had an article years ago showing that you could prove any investment theory if you were allowed to pick the time frame. Investing in Prune Juice is better than investing in stocks ? There’s a time frame where this is true.

Avatar for san_jose_guy
san_jose_guy

^^^^^ The ultimate gov't entitlement program, the stock market.

All it takes is just cutting taxes forever.

SJG

Avatar for Mate27
Mate27

Good job! I’ve wanted to pull the trigger for quite some time, but it’s hard to think about catching a falling knife.

I hate creating another account to purchase the currency. My bias kicked in, status quo.

Avatar for Mate27
Mate27

Some people don’t believe in TVM, especially when it comes to equities.

Avatar for rickdugan
rickdugan

@mark94: +1. For example, if you bought bitcoin 1 year ago you've lost over 30%, compared to a positive approx. 8% gain for the S&P over the same time. You can play that game forever.

Avatar for san_jose_guy
san_jose_guy

^^^^ In Las Vegas the casinos are always open.

SJG

Avatar for Daddillac
Daddillac

Yeah, but it does not cost anything to live in your mothers basement, does it SJG? Growing up and taking on adult responsibilities is such a chumps game

Avatar for san_jose_guy
san_jose_guy

And Daddilac, it does not cost anything to be a grouchy idiot on this board either, does it.

SJG

Avatar for Daddillac
Daddillac

I'm not a grouch.... I just don't like leaches on society.... basically you

Avatar for san_jose_guy
san_jose_guy

^^^^^^^ You're the one who sounds like a leech, living by bashing poor people it sounds like.

About all you can be then is a keyboard coward, because no one would tolerate you f2f.

SJG

Avatar for Daddillac
Daddillac

LOL..... I'm gonna make a special trip out to San Jose.... what club should I go to

Avatar for san_jose_guy
san_jose_guy

Our clubs aren't the kind you would like, no touching, only two nude clubs in the country, the rest bikini. This is why my mongering started in AMPs.

SJG

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