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Old 12-13-2017, 7:11am   #1
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Default Stock Tip ? or Roll Of The Dice ?

My daughter in NYC was turned on to LTC-USD at $163.00 and bought in.
She texted me yesterday and told me to check it out.
Yesterday it was up 64% at one point.
She's holding it... Others cashed out. I'm leaning towards it being a pump & dump, but I'm not swaying her trade one way or another, it's her gig.
I'm not buying any either, but it sure is fun to watch.

https://finance.yahoo.com/quote/LTC-USD?p=LTC-USD
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Old 12-13-2017, 7:16am   #2
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I tried some 19 years ago, to recover business losses via stocks.....looked good for a while......but NO.....

so I walked away with about what I had in.....

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Old 12-13-2017, 7:17am   #3
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I tried some 19 years ago, to recover business losses via stocks.....looked good for a while......but NO.....

so I walked away with about what I had in.....

Ya, it's a tough game and you learn very hard lessons if you're not disciplined.
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Old 12-13-2017, 7:52am   #4
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Crypto.

I have been playing the Bitcoin thing for a couple months now and it has made some unreal returns. I have pulled out my initial investment and just letting it ride.
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Old 12-13-2017, 9:08am   #5
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At this stage of my investment life I am taking a pass on this speculative investment. For the not yet retired or those under 50 it's a nice opportunity to take a swing at some big returns. If you fail you still have several years of working to get back the principle.
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Old 12-13-2017, 3:53pm   #6
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At this stage of my investment life I am taking a pass on this speculative investment. For the not yet retired or those under 50 it's a nice opportunity to take a swing at some big returns. If you fail you still have several years of working to get back the principle.
wash your mouth out!

i'm done with that non-sense. pretty conservative here. few more % up and i'm done taking risks.
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Old 12-13-2017, 5:18pm   #7
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Crypto.

I have been playing the Bitcoin thing for a couple months now and it has made some unreal returns. I have pulled out my initial investment and just letting it ride.
I remember you posting that a while back.
What a ride that must be.
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Old 12-13-2017, 6:21pm   #8
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I remember you posting that a while back.
What a ride that must be.
I has not paid as much as my penny stocks, but it has paid well
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Old 12-13-2017, 6:49pm   #9
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I has not paid as much as my penny stocks, but it has paid well
I'm done with individual stocks but this is piquing my interest.
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Old 12-15-2017, 10:54am   #10
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I has not paid as much as my penny stocks, but it has paid well
Dixie,

What platform do you use to trade crypto-currencies?
I use Ameritrade for stock trades but am not sure if they trade currencies.
I'm going to use Coin Base
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Old 12-18-2017, 8:49am   #11
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Dixie,

What platform do you use to trade crypto-currencies?
I use Ameritrade for stock trades but am not sure if they trade currencies.
I'm going to use Coin Base
I have a fidelity account I am using with some cash from an old rollover 401k converted to an IRA. Keeps me from getting hit with the taxes year to year.

Something to think about - Early investors paid just six cents for a Bitcoin. A $100 investment seven years ago would be worth (you might want to sit down for this) $28,341,266 today.
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Old 12-19-2017, 5:19pm   #12
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I has not paid as much as my penny stocks, but it has paid well
what kinda penny stocks you playing with?
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Old 12-22-2017, 10:50am   #13
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Well there goes nuttin. LTC-USD Litecoin
I bought Litecoin in two equal dollar increments, last night and this morning. I got more Litecoin with the $194.82 buy.
$261.31
$194.82
Boy the sell-off was fun too watch.
My break even is $226.00

She's hovering at $250 +/- right now after the massive sell-off, (or the way I look at it, ... clearance sale).

I'm up and hopefully sitting pretty, just waiting for the next updraft.

Up 10.6% as I type at $262.10
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Old 12-22-2017, 11:06am   #14
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I know nothing at all about stocks but sure wish I did.
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Old 12-22-2017, 11:07am   #15
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I know nothing at all about stocks but sure wish I did.
Sometimes I wish that I didn't, but usually it's all good.
Down to $233 right now.
This thing is a wild ride for sure !
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Old 12-22-2017, 1:46pm   #16
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quick up, quick down, here's your Bitcoin crash today:

https://www.cnbc.com/2017/12/22/bitc...om-record.html
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Old 12-22-2017, 1:57pm   #17
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quick up, quick down, here's your Bitcoin crash today:

https://www.cnbc.com/2017/12/22/bitc...om-record.html
And upquick again.
I'm up 10% from my well timed purchases last night and this morning of Litecoin..
If you have the ballz to catch a falling knife, you'll make some coin. (Pardon the pun).
My daughter In NYC turned me onto this.
I SUGGESTED ADAMANTLY that she sell her original stake when she was up 110%. She wasn't too happy because, as she put it, "I'm so smart and it's going to be like Bitcoin soon." She did sell to get her original stake back and let the profits ride. She didn't say so , but, I'm sure that she is thanking her lucky stars that dad gave her that advice after last night's action, even though she originally got in at $163.00.
She bought back in at $194 with her original stake and still has the profits riding the lightning.
Ya, it may be like Bitcoin soon, but if you can play with the house's money. DO IT !
She gets it now.
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Old 12-22-2017, 6:52pm   #18
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Below are the 2 buy times for my Litecoin purchases.
Looks like I got pretty close to nailing it today, as the entire Coinbase site crashed until 1:44pm today, at 11:11am.

Created December 21, 2017 21:57 EST $261.82
Created December 22, 2017 09:06 EST $194.31
It looks like $180 was the lowest it went
https://www.cnbc.com/quotes/?symbol=LTC.CB=

Litecoin presently sits at $272.00 +/-. I'm up 20% on paper
Not bad for a days work



https://www.cnbc.com/2017/12/22/coin...rice-rout.html
Trading goes down at Coinbase, one of the biggest bitcoin marketplaces, for two hours amid price plunge
Coinbase said at 11:11 a.m. ET that "all buys and sells have been temporarily disabled," but the issue was resolved as of 1:44 p.m., according to the company's status website.
The interruption in service comes as bitcoin briefly tumbled below $11,000, down 44 percent from its record high hit Sunday.
On Thursday, Coinbase had temporarily disabled buys and sells at 5:57 p.m. ET, according to its status website. The issue was resolved within 15 minutes.
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Old 12-23-2017, 8:02am   #19
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The fun thing about these currency things is that they trade 24/7.
The casino never closes.
Litecoin is knocking on $300.00 right now.
With a break even point of $226, I'm now up 33.3%.


https://www.cnbc.com/quotes/?symbol=LTC.CB=
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