Stop the bleeding · CigarBid Forums

Free Fall
Auctions

Specials
Auctions

QuickBuy
Auctions

Newly Added
Auctions

Ending Soon
Auctions

Welcome Guest

Forum Terms & Conditions | My Topics

BuckyB93
Herf-A-Holic Topic Starter

5 years ago

The markets have been taking a beating the past couple months and tech stuff leads the way. Thanks Biden, why all the tech hate?

Maybe I switch my 401(k) to all crypto and let bgz handle my retirement funds.

Wanna join the discussion?! Login to your CigarBid Forums forum account or Register a new forum account

HockeyDad
Herf-A-Holic

5 years ago

You need Wu Tang Financial.

deadeyedick
Herf-A-Holic

5 years ago

Nasdaq was a big star during the last years of Trump. Maybe just time for a breather. I'm not really expecting stocks to fair nearly as well under Biden but as they say "stocks always climb a wall of worry."

ZRX1200
Herf-A-Holic

5 years ago

Wu Tang is forever.

bgz
Herf-A-Holic

5 years ago

BuckyB93 wrote:

I wouldn't recommend that, I'm going with the old drop and hold.

I'm constantly rooting for mine to take a sh*t :/

BuckyB93
Herf-A-Holic Topic Starter

5 years ago

Yeah, last year (after the COVID crash) was a banner year. Can't really expect it to repeat.

Took some nice profits (% wise) with the speculative stuff during the recent slide in the play account. It was very tech heavy as I hopped on that rally mid and late last year. I transitioned it to a more conservative position while still adding a little here and there. I'll deal with any taxes that I might have to offset later.

The 401(k) is just doing it's thing. It's in a set it and forget it canned Vanguard target retirement year thingy while I wait for bgz to publish his YouTube channel on playing the coins.

bgz
Herf-A-Holic

5 years ago

Dude... I'm telling you. The strategy I chose to utilize, it's scary as sh*t if you don't look at it right... but it's a good strat. I'll tell you about it on the vherf.

It's a stupid easy strat.

BuckyB93
Herf-A-Holic Topic Starter

5 years ago

I wouldn't recommend that, I'm going with the old drop and hold.

I'm constantly rooting for mine to take a sh*t :/

bgz wrote:

Yeah, the crypto stuff is too much like gambling for me. I suck at gambling.

That said, I do have some money in a blockchain ETF. Very volatile but I think it will be a real thing in the long run.

BuckyB93
Herf-A-Holic Topic Starter

5 years ago

Dude... I'm telling you. The strategy I chose to utilize, it's scary as sh*t if you don't look at it right... but it's a good strat. I'll tell you about it on the vherf.

It's a stupid easy strat.

bgz wrote:

Buy low sell high.

NINE!

Edited by user 5 years ago | Reason: Not specified

bgz
Herf-A-Holic

5 years ago

#10

Yeah... pretty much that ^

Whistlebritches
Herf-A-Holic

5 years ago

#11

Yeah, the crypto stuff is too much like gambling for me. I suck at gambling.

That said, I do have some money in a blockchain ETF. Very volatile but I think it will be a real thing in the long run.

BuckyB93 wrote:

Don't tell me that.........I have like 40,000 shares of Dogecoin.I think it'll pay off in the next 12 months but yes I agree it is a helluva gamble.