Investing

[Irving]

Nothing special, I just check the price a few times a day. If you'll remember last time the price started to sky rocket and I started to worry and sell some just to at least get my original money back. Then the market spiked AND crashed before I could have made serious money. I just held onto what I had left this whole and have been watching it. I set the coins to sell at $120 a few months ago in the hopes that they would trend back up to where they are now. Anyone can do what I did (if they started last year). The bitcoin prices are so volatile that I'm considering trying to do some type of day trading with them. They sold for $120 earlier, but are sitting at $118 right now, so I could buy them right back for a bit cheaper. I haven't really looked into how much time it and how many trades it would take me for it to be worth my while though. This time last week they were trading at $109ish.

[MrPrena]

So there was some threads in the past about Real Estate investing. I was wondering if anyone here had any info for me on something. Sadly I am at a low point for money or I would be into this for all I have. Past year at 1.40 a share, dropped to 20 cents. I was told to buy in at 32 cents currently trading at 50 cents after being at 32 last month. So question - How do I go about getting a loan to invest into something like that? Yeah I'm poor, but I am smart and I have managed to survive without a real job for years now. I run my own business stuff now and its training me to think different than before. Also the same person who told me to buy in at 32 expects it to rise significantly over a few years.

So how does borrowing on margin work?

One thing I can tell you is Investing/Trading is 10x harder than buying a small company/shop and running it.
Biggest thing I've learned from investing is that I valuate a store/company/corporation/etc differently.

Small store/company can live off of fixed rev/profit increase by drawing income from it.
Wall street investors have light-year far more expectations from their companies.

[Irving]

Bitcoins going up again today for some reason, Syria? Anyway, they've gone up $10 just from this morning. Plan is to watch like a hawk, sell high, then buy em up when they fall again.

[7insert]

Bitcoins going up again today for some reason, Syria? Anyway, they've gone up $10 just from this morning. Plan is to watch like a hawk, sell high, then buy em up when they fall again.

I wouldnt trust coins these days. The federal government keeps seizing them from mtgox and causing price fluxations. The bitcoin train has sailed, I bought at $0.40 and sold at $20.

Gold is a good choice these days. Guns and ammo are an even better investment

[Irving]

I bought at $11 and sold at $120. How exactly is the government seizing bitcoins?

[davsel]

I bought at $11 and sold at $120. How exactly is the government seizing bitcoins?

http://www.theregister.co.uk/2013/08...tcoin_seizure/

[Irving]

Well hell. I better work on getting my money out. F'ing government.

[MrPrena]

I am bleeding today.

[ChunkyMonkey]

Stop calling the stock market an investment. It's pure gambling.

[MrPrena]

Stop calling the stock market an investment. It's pure gambling.

no way!
it is less risky than owning a small company , small shop, nor real estate or REIT.
Only flaw it has is , there is little to no income, because it pays crappy dividends on a dividend paying stock.
After learning how to valuate the company (private capital, securities), I would probably not own a small company. Of course, it can change depends I have some kinda greatest idea/items no one has.
I am still 70% up YTD, and only need to pay 15% cap gain taxes (if i hold till 12/3/13).