Home Forums Hunting & Shooting Hunter's Campfire Dogecoin

Yes and yes

Can one buy a loaf of bread and a potato with it at the corner store?

Truth.

The old adage in the market was to buy it when everyone calls you a fool.

And sell it when they tell you how smart you were!

Yes

Do you first go to the ATM for the cash to effect the purchases ?

Yeah I see a lot of people interested in getting in now when the price is sky high, but months ago when it was low few were interested. FOMO, or fear of missing out, is a very real thing.

That's not why one buys investments.

Yep
If I buy into it right now they will go bankrupt in a month.
I purchased Silver at $36 per oz. and Gold at around $1800.
Because I listened to people say that it was going sky high.
They were right but it was sky high when i purchased and wend down soon after.
Right now I do not think that I will be one to jump into Cripto.
The rest of you can be a sherd that it will not be me that makes it fall.
It will probably shoot up because I do not buy into it.

I'm not by any means saying this is a bad time to get into crypto, but there are a lot of different ones out there, and not all are created equal. Unfortunately, its the sheitcoins that often attract the attention of newcomers because they heard about someone making millions overnight.

Alan Greenspan called such as this “irrational exuberance”.

And then came the dot com crash as did the sub prime crash.

But this time could be different. Crypto appears to have legs.

I was in at .04 cents back in late Jan/early Feb with a few grand I had from a tiny little side investment and some sports betting winnings. $3875 worth at .04. Sold it all on my Birthday last week for ~.31 cents.

That money was 100% funny money I never intended to be serious about. But I no longer have a Tundra payment, so that's nice.

I've been slow adopting crypto but my son is rapidly convincing me to see the light.

My buddy that follows crypto pretty closely advised me to stay clear a couple months ago. Lol

Anyone have an opinion on Montero (XMR)?

Crypto’s biggest hurdle will be deciding whether it’s a currency or an investment.

Right now, it’s ardent proponents want it to be a currency, but the market is treating it like an investment.

If you need your transactions to be private and anonymous rather than just anonymous it is the crypto for you. That is the main focus of its development and it seems to work very well for that.

Crypto doesn't "decide" anything nor, in most cases, is there even anyone controlling them who could "decide". All of them are just a set of rules that provide for cryptographic proof of work to be done between two operators.

The need for something to be one or the other exists mostly in the mind of boomers who need to satisfy their simple view of how the world works. They think their fiat currency has some fixed value, don't know about Forex markets, and have no idea that precious metals long have been and still are used as currencies and investments all over the world outside of boomerland.

Find a duplex or triplex (or ...) that needs work.
Fix it.
Rent it.
Laugh at Wall Street.

I think that's pretty solid. I've been adding bitcoin and some alts for store of value. Hedging against inflation seems prudent. Equities are on shaky territory, relying on central banks and the fed.
Betting on Doge coin is pure gambling, imo.

Good advice for the mildly retarded who can handle only one task at a time.

Those of us who can, do both and then some. I’ve restored many hundreds of historic homes to sell to hipsters, and traded stocks and ETFs and crypto and boomer metal in between hammer blows.

Laughing. You pompous fugking moron. Many here have been doing it all for decades.

Stupid loudmouth fugk.