I want my 401k money now!!!

[1989]

Binance by far. I trust it enough that I don’t mind leaving a few k on there at times. Every other exchange, personally I move my tokens/coins off immediately after my buy/sell order goes through. Make sure to double check the url to be sure your not on a phishing site.

Lots of the small market cap 2000% potential coins are usually on the more “sketchers” exchanges, I haven’t had problems with any exchanges ever to be honest.

So binance only lists a few of the larger coins. While other “penny stock” types are listed on unrepeatable exchanges?

 

[Faceplanted]

Lol

Your 328 don’t impress me brah. Could have got something much cooler like a Chevy ss, pre loved caddy cts-v.... but muaaaaaaaaa bmw!!

But hey man, as long as your happy.... just don’t try to floss on me because I’ll put my hater glasses on immediately.

 

[Faceplanted]

So binance only lists a few of the larger coins. While other “penny stock” types are listed on unrepeatable exchanges?

There are tons of great low market cap coins on binance. Binance is honestly amazing.

Companies have to pay to get listed on binance, so most start ups go with kucoin and other small exchanges first. There are some small cap coins that went 300% in 4 days this past week. Those are mostly listed on the coin exchanges.

 

[Brownslave688]

The people you know are idiots. With The prices of gpus and electricity there is no real money in minning within the USA unless your using solar.

My cousin mines but his electricity is free

 

[Brownslave688]

So which is the safest, most legit exchange!

Gemini but not much for choices.

 

[Faceplanted]

My cousin mines but his electricity is free

That’s the only way to make money in the USA.

I delivered a bunch of miners to some Venezuelan kid here for “school”. I’m talking 60-100k worth. He paid like 12k in brokerage fees. I asked him wtf his plans were, he said his family was pretty big in politics with the current regime and he was gonna paletize them and ship them home to mine in Venezuela (prob didn’t have to pay high duty if any)

He had a bunch of antminer s9s and another minner which I don’t recall.

If you look up the cost of minning in Venezuela right now.... this dude and all his friends and family are gonna be set within a year.

 

[Re-Raise]

Your 328 don’t impress me brah. Could have got something much cooler like a Chevy ss, pre loved caddy cts-v.... but muaaaaaaaaa bmw!!

But hey man, as long as your happy.... just don’t try to floss on me because I’ll put my hater glasses on immediately.

New 540i, not my only vehicle. You can absolutely do whatever you want with your own money. Just remember that too much hubris has led a lot of people to bankruptcy. Like I said before, I dont know you and couldn’t care less about you.

 

[Faceplanted]

New 540i, not my only vehicle. You can absolutely do whatever you want with your own money. Just remember that too much hubris has led a lot of people to bankruptcy. Like I said before, I dont know you and couldn’t care less about you.

The number don’t matter no more with bmws.

Still for the same 3 litre boosted motor that’s been around forever. It is a great motor I’ll give you that. Hopefully you got that sported out.

 

[UpstateNYUPSer(Ret)]

The people you know are idiots. With The prices of gpus and electricity there is no real money in minning within the USA unless your using solar.

We have two bitcoin mining operations in our city, which is known for it's low cost electricity (< 5 cents per kwh). Combined they use more electricity than any of our commercial accounts, which include a Georgia Pacific plant and a major hospital. Since we are only allocated a specific amount of electric power at this low rate, we must buy additional power on the open market, which is usually closer to 40 cents per kwh, with the costs passed along to all customers.

 

[Re-Raise]

The number don’t matter no more with bmws.

Still for the same 3 litre boosted motor that’s been around forever. It is a great motor I’ll give you that. Hopefully you got that sported out.

540 s have the 6 cylinder...now I’m out...lol Seriously I don’t wish you bad luck, I have just learned that when you think things are too easy, that’s when you can get burnt.

 

[Faceplanted]

540 s have the 6 cylinder...now I’m out...lol Seriously I don’t wish you bad luck, I have just learned that when you think things are too easy, that’s when you can get burnt.

Do you even know what a 3 litre is? Do I need to give you the engine code of your 6cyl? I helped a friend put down high 4xxwhp with the same motor.

Your a typical bmw owner who doesn’t even know what they got

 

[Re-Raise]

I know my Sierra has a 5.3!

 

[Re-Raise]

The number don’t matter no more with bmws.

Still for the same 3 litre boosted motor that’s been around forever. It is a great motor I’ll give you that. Hopefully you got that sported out.

I thought you were still saying the 540s were similar to the 328s, about 20k difference new at least...and I don’t have to cash out my 401k to buy things!

 

[rod]

I know my Sierra has a 5.3!

I had a 5.3 in my 2008 half ton Sliverado --it got terrible mileage. My 2016 3/4 ton Silverado has a 6.0 in it and gets better mileage

 

[Re-Raise]

I had a 5.3 in my 2008 half ton Sliverado --it got terrible mileage. My 2016 3/4 ton Silverado has a 6.0 in it and gets better mileage

The new ones switch to 4 cylinders to save fuel, but it is still less than 20 mpg. The new BMW gets over 30mpg, but we run premium in it.

 

[Re-Raise]

Do you even know what a 3 litre is? Do I need to give you the engine code of your 6cyl? I helped a friend put down high 4xxwhp with the same motor.

Your a typical bmw owner who doesn’t even know what they got

you’re

 

[rod]

The new ones switch to 4 cylinders to save fuel, but it is still less than 20 mpg. The new BMW gets over 30mpg, but we run premium in it.

I had that switching back and forth to 4 cylinders crap (Fuel Management) in my 08. Even the salesman said it was a farce and not to expect miracles unless I was going down hill with a 40 mph tail wind. I think the newer Ford half tons are getting 27 mpg or so ------unless you try to pull any weight at all behind them and then the get about 12. And then there is the E-85 Flex Fuel engine---what a joke. That's the biggest subsidized scam going.

 

[SolidWoodPanel]

Time and money....


Theoretically let's say he started with $2000 and got a 50% ROI in 4 months. Which is pretty freaking awesome. Now he has $3000.

Now he's looking at that saying man if I had 20k instead of 2k I could of made some real money. I mean it's natural.


It's why guys like warren buffet can sit back and live the high life off 3% dividends while the rest of us look for 10% returns

Buffet is on another level. That guy can lose millions in a day and brush it off like he lost $50. Case in point (you can find his portfolio online), He owns 400,000 shares in Coca Cola. He gets $624,000 annually in dividends. He also owns quite a bit of UPS. Buying and holding stocks of quality companies is a proven method of increasing your wealth.
One of the first stocks I bought was Ford, during the financial crisis years back, at $2.87. It dropped more another 50 cents or more, but I sold about 6 years later at almost $17. I turned $1000 into over $7000 including dividends.
Cryptocurrency is largely a fad. And maybe some people have taken advantage of it over the last decade, but it's ultimately going to be regulated and fail. It's lost around 30% of its value this year.
If you've got money to spend $5000 or more, I'd hold tight a couple of months, maybe another year, and you'll be able to get stocks at a discount. We've had the longest bull market in history, and signs are there that it's coming to an end. That's the best time to buy.
I've been in this game ten years now, and I'm averaging over $300 a month in dividends. I mostly stick to my plan and buy one of the 25 stocks or so I own that are undervalued. $100 goes to me or my savings each month. I plan on averaging $500 by the time I'm 40, and by retirement over $1500.

 

[Brownslave688]

Buffet is on another level. That guy can lose millions in a day and brush it off like he lost $50. Case in point (you can find his portfolio online), He owns 400,000 shares in Coca Cola. He gets $624,000 annually in dividends. He also owns quite a bit of UPS. Buying and holding stocks of quality companies is a proven method of increasing your wealth.
One of the first stocks I bought was Ford, during the financial crisis years back, at $2.87. It dropped more another 50 cents or more, but I sold about 6 years later at almost $17. I turned $1000 into over $7000 including dividends.
Cryptocurrency is largely a fad. And maybe some people have taken advantage of it over the last decade, but it's ultimately going to be regulated and fail. It's lost around 30% of its value this year.
If you've got money to spend $5000 or more, I'd hold tight a couple of months, maybe another year, and you'll be able to get stocks at a discount. We've had the longest bull market in history, and signs are there that it's coming to an end. That's the best time to buy.
I've been in this game ten years now, and I'm averaging over $300 a month in dividends. I mostly stick to my plan and buy one of the 25 stocks or so I own that are undervalued. $100 goes to me or my savings each month. I plan on averaging $500 by the time I'm 40, and by retirement over $1500.

Few points I can't take even remotely serious. Crypto is a fad and it'll be regulated and fail.

You know regulation is a good thing in the long run right? It legitimizes the product.

The internet was a fad too.


Yes investing in quality stocks over a long career will increase your wealth and that's great but you're never gonna hit it big.



All it is is risk aversion. Some are willing to take that 5k and put it into crypto because in 3 months it could be 50k. It doesn't make them dumb. Just means they are willing to take more risk.

 

[badpal]

We have two bitcoin mining operations in our city, which is known for it's low cost electricity (< 5 cents per kwh). Combined they use more electricity than any of our commercial accounts, which include a Georgia Pacific plant and a major hospital. Since we are only allocated a specific amount of electric power at this low rate, we must buy additional power on the open market, which is usually closer to 40 cents per kwh, with the costs passed along to all customers.

I cant even understand bitcoin, let alone bitcoin mining.