I know I could do this if I could get the business I want up and running with my friend and the water park.

I got a great location. The people who have been given the whole lake is a trust/charity. I contacted them (some of the trustees are in the council) and it is basically a closed shop for them. They are receiving 6 figure sums in tax payers money. I went there yesterday and the place was CLOSED! It is closed nearly all the time! Yet they receive tax payers money for nothing. I only want a small section of the lake which would not interfere with anything they want to do, plus it would enhance membership for them.

All so frustrating since they are getting tax payers money for nothing and leaving the place constantly closed. I spoke to the head of the council who likes my idea but said to speak with them. Friends of mine tell me you have to be in with them and bribe them. Corruption is so annoying. They applied for 30k grant to fox the roof there. I offered them 34k rent for 6 months for a tiny section of the lake, they told me they are not interested.

I wonder if I could make this more public in the area as to the situation and how tax payers money is being spent.

Lol

I hate to be the bearer of bad news, but I don't think any money will be made in the market in the next 10 years.

I think we will be in a fallow period.

The market cap of Apple is nearly 3 trillion. The entire US GDP is only 23 trillion.

The math doesn't support a new bull market for a long time.

100k is hard to earn. Don't piss it away.

See my graph underneath in next post.

Time to sell huh? Trouble is we are in inflationary times, interest rates although rising are still so low. Who knows what to do??

Michael Saylor victim.


Truly the worst investment manager ever.

So did you go all-in on ETH or what?

I mean, that’s why DCA works, right? Plenty of good buys between 2000-2009.

Point taken about Apple’s market cap, but that graph really doesn’t have much relevance to today.

The 1990s were different to the 2000s which were different to the 2010s which will be different to the 2020s.

The TA works until it doesn’t. Not to mention, a roughly 30 year sample size is peanuts.

DCA is the way.

Oh, and $100k isn’t what it used to be.

Probably Luna

All-in surely beats DCA. It's much easier to do when something is down 70% however.

I mean, obviously. Good luck knowing when to go all in during each cycle.

DCA is just so easy. Looking at that graph, even if you bought in 2000 or 2008 you were making money by 2013, assuming you held, which is my investment strategy as I'm all long-term. And if you were DCA you were making money all the way up, and then making money on the way down knowing it'll go back up in the future. DCA obviously crushes 2003 and 2009 and whatever bottom happens now.

Unless you're a market sharp, DCA is pretty clearly the right move for long-term investors.

I've come to find legging in and out of positions works much better for me. I'm usually a little early to everything, so easing in over 3 months tends to give me better results and be less impulsive. It really saved me when I was accumulating ETH this year.

The clear choice is TSLA, my base case price is $15000 per share in five years. They are very early on the S curve (look it up, Cathie Wood is in on it) and their cars are super affordable. Tesla semi coming out soon and will sell millions along with the innovative Cyber Truck under $40k is a game changer. My entire networth is in it and sleep like a baby

15 trillion market cap in 5 years seems like a rational base case

You wake up every couple hours crying?

Guessing this is a troll.

Take Cathie Wood and get rid of her glasses and get her hair wet and she'll look like a rat dog. And that's pretty much what she is. It's always confused me how certain financial people get in the spotlight when they are absolutely terrible and they continue to make headlines. Although most of her headlines are how much money she has lost.

I bought Bitcoin on Kraken about 7 years ago and I remember they had leveraged products on there.

Theoretically, you could take your 100k and use 100 X leverage betting that it would go up, which would be equivalent to a 10 million dollar bet.

If it goes up 4 percent you have your 500k.

If it goes down 1 percent you lose everything.

Another idea would be to bet on Man City to win the Champions league this year.

The odds are 11/4.

The odds of Liverpool winning it are 5/1.

So the pro traders just snap dip it to his liquidation and take it. Game over.

The poker boom was a beautiful thing but I can't even imagine how much money is in taking leveraged traders money. Notice how there is no books on how to do it?

There's 40 billion dollars traded in Bitcoin every 24 hours. 100k is a drop in the ocean.

Or you could go to Vegas. If you win 2 hands of blackjack in a row you have 400k.

I was in the Bellgio before and there's a high roller room called Bobby's room.

They play high stakes poker in there especially now in the summer, when the World Series of Poker is on.

Maybe you can go on a run and win some money in there.

Or you could play Linnus or Limitless heads up on GG Poker 500/1k blinds.

Maybe you can stack em a few times.

Roku used to be 467 dollars a share. They are now trading at 83 dollars a share.

Same thing with Zoom. Those shares hit an all time high of 559 and are now trading at 109.

If they ever get back to their all time highs you have your 5 X.

When you say there is $40 billion traded, what do you mean? You think there's $40 billion dollars of money coming in while $40 billion sell? Obviously not. So what's the point of even using that volume stat? It could be the same $100 million being traded back and forth, and likely is.

Go ahead and try and buy or sell $2 bil worth of bitcoin and you'll learn how your $40 Bil in trade volume is mostly funny money.

There's around 20 billion a day in volume of buys in Bitcoin a day and around 20 billion dollars in sales.

The difference betweeen the buys and sells cause the daily volatility.

https://www.youtube.com/watch?v=OxEr...ngCryptoCharts

83 million shares of Apple are traded every day at 170 a share.

You're idea that there are pro traders colluding to bust retail investors is nonsense.

That would be illegal, it would be flagged to the FTC and you would go to jail.

You clearly have never heard of hunting stops and it is not illegal in crypto.

Silly graph - you can just pull the last 30 years of the s and p and draw conclusions rather than cherry picking data points. S and P was on a massive heater late 90s so not surprising it fell off. 2019-2021 was the same thing, 31% in 2019, 18% 2020, 29% 2021. Either way though the S and P is about longterm investing - collect your 10% on average but its a "set it and forget it".