FourCrossedWands

People hate Elon Musk. Buying Tesla is like investing into Mussolini in early 1940s. On top of that it's extremely overvalued.

You live in a fairytale lol The one and only reason why Trump and his cronies are pushing crypto is because they want to extract money from common people like you. Taxes - > pump crypto - > cash out

I think they should use illegal immigrants to build a couple of pyramids and sphinx, so everyone will remember the greatest age of America.

Another crypto thread 😂 Do you realize you won't find any new bag holders here, on a self actualization forum, right? It's mostly people who don't care, or are against crypto. Or people who hate anything Trump related lol

The best way is to ask Reddit what to invest in and do the exact opposite. People on Reddit are so wrong about stocks and other assets it's almost comical.

You admit that the whole crypto community is corrupted, yet you still want to get involved once BTC crashes 50%? 🙄

Silver is kinda bugged now and has been going sideways for a very long time. My theory is that crypto has partially replaced it as an invesent. Silver has always been a speculative alternative to gold as it was supposed to be up even more during a bull market. There is way too much silver in the economy and it's just not as attractive as gold right now.

5% difference is nothing and gold is not for trading. You buy gold as an insurance against your other riskier investments and basically never sell it if you don't have to. It's a complete opposite of crypto. If everything goes to shit, including banks, you can still sleep well because you have your stack of gold that either holds its value, or even goes up in price.

@Leo GuraI mean, the whole network probably can't be destroyed, but if you have your Bitcoin on a hardware wallet and there is a fire, it's gone. You know fires are very common these days right? But yeah, it's good for Bitcoin 😂

In EU, selling gold is easy. Just put whatever amount you have into a box and send it insured back to the company you bought it from. There are lots of reputable companies and the buy/sell price difference is usually under 5%. Honestly, buying gold was the best investment I could do apart from maybe buying real estate. There was zero hassle and I don't need to check the price daily. But yeah, if you don't want to send the gold for whatever reason and the local gold sellers suck, it can be a pain in the ass.

@Leo Gurasorry but e-gold will never happen. Crypto bros have been saying for over a decade that Bitcoin will replace gold, yet gold market cap has gained over 10 trillion dollars since then and it's not slowing down. How much has crypto gained in the last couple of years? 1 tril? China, the main pusher of everything digital, buys gold like there is no tomorrow. Everything you believe is wrong about gold is the main reason why it can't be replaced by a digital asset. It is scarce in the real world and it cannot be destroyed. It's really hard to move and steal, which is a plus. Bitcoin, on the other hand can both be destroyed (hackers/quantum computing, etc.) and replicated. 90% of people will never trust crypto. It's just human nature. One single tweet can literally crash the whole crypto market lol.

So far this seems like tech stocks and crypto crash. Retail also crashing a bit. I am up about 1-2% this month. Mostly food, health, and utility stocks.

If you have described "pedophilia" 1000 years ago, people would be looking at you like crazy. "Are you telling me I cannot have sex with my 14 year old wife I just married? WTF?"

Or the one about a women being stuck inside a toy monkey.

Warren Buffett sold his beloved Apple and Bill Gates sold Microsoft. The main reason was fear of potential unrealized income tax if Trump didn't win the elections. Maybe they would have stayed a bit longer if this wasn't a concern. The rich know that this current state of capitalism is unsustainable so they rather get out of the market before it's too late. Their main priority is to preserve wealth, not to gamble and become even richer than they already are.

There are some Black Mirror episodes about this subject. A character being stuck for eternity in his/her mind, or in an artificial body, etc. I recommend watching the whole series, it's incredible.

I am quite confident gold won't crash that hard. The price will probably fall for a couple of weeks with everything else, but it will rebound for sure. There is too much cash in circulation and the money has to go somewhere. It will go into gold, bonds, etc. It might seem extremely overpriced at first glance, but when you start digging deeper into it (no pun intended), you realize it's undervalued against the stock market. Check out the gold to Dow ratio gold to US debt ratio, etc. 100 year historical charts suggest that gold is in fact still slightly undervalued. Silver is even more undervalued, but it went out of style with crypto. Also, you have to pay VAT when buying silver, gold is tax free.

I don't like Trump, but he handled the situation better than Zelensky. Ukraine is not in a position to dictate other countries what to do. And Zelensky is not in a position to be funny or cynical. He should have sent some diplomat there instead.

If Europe was just one country, the international sports events would be super boring lol. Olympics gold medals: Europe - 120, USA - 40, China - 40. Ice Hockey Championship: Europe, USA, Canada. etc.

I don't know. Seems quite depressive to me. Most European cities are not very pretty during winter. Nice pictures though.

This can either be a good decision, or a bad decision. There is no absolute answer. I would say that 10-20 years ago, it would probably be a good decision. Right now, I am not so sure. Starting your own online business will be tough right now.

2nd season is getting better. Didn't really like the first 2-3 episodes but it's now catching up again. Have you seen Devs (2020)? Also a very good series with a similar setting.

There is nothing to be worried about. Future generations will probably just inject protein and sugar directly into their veins, so they can spend more time on Facebook lol.

I have read an interesting argument for why the US stock market is growing exponentially since 2008, which never happened before in that degree. Someone said it's because of the exponential growth in the tech sector which never happen before. Then there was a counter-argument that it has happened many times in the history of mankind. 18th century - the age of shipping 19th century - the age of transportation 20th century - the age of oil So, by that logic, the 21th century is the age of information technology. There are like 5-7 companies that are by far the most profitable companies in the world and all are in the tech sector. But, why is that? Why is like 50-75% of the global economy situated in the tech sector? Most people would say "because the information technology helps us solve everyday problems, it is the main reason of all the innovation" but is that really truth? What global problems has Apple, Facebook, or Netflix solved? Let's face the truth: Every single one of us, including Leo is a technology addict. Therefore, I would say that the 21th century is not the age of technology and innovation, but the age of addiction.

Watching American football is like watching a paint dry. It reminds me little kids chasing each other on the courtyard. I would probably name about 100+ sports that are more fun to watch.