Toronto Escorts

Nice Rally

LiveInTorontoPartyInMontreal

Well-known member
Feb 23, 2008
2,341
865
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Waiting for EFT approval for bitcoins .
I thought the DTCC already set up a CUSIP and Nasdaq ticker ( IBTC) for Blackrock's iShares Bitcoin Trust. The market is signaling a done deal for all 12 that are pending. People say "buy the rumor, sell the news". I say buy & buy on this occasion. Global adoption, SEC thumbs up, 12 huge players going to eat up the spot supply of crypto, BTC April 2024 halving. No brainer, just back up the Brink truck ! LOL
 
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Gators

Active member
Apr 9, 2023
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I thought the DTCC already set up a CUSIP and Nasdaq ticker ( IBTC) for Blackrock's iShares Bitcoin Trust. The market is signaling a done deal for all 12 that are pending. People say "buy the rumor, sell the news". I say buy & buy on this occasion. Global adoption, SEC thumbs up, 12 huge players going to eat up the spot supply of crypto, BTC April 2024 halving. No brainer, just back up the Brink truck ! LOL
No dry powder :(
 

angrymime666

Well-known member
May 8, 2008
967
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Then again what goes up in the market typically goes down. In light of the economy its bound to happen.... Again and again
 

LiveInTorontoPartyInMontreal

Well-known member
Feb 23, 2008
2,341
865
113
I just happened to be watching the action live on Kraken, Coinbase and Bybit and some huge sell orders came in at about midnight to 2am area . . Everything that was gained yesterday, wiped out in a few hours . . UGH !
 
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Ceiling Cat

Well-known member
Feb 25, 2009
28,099
1,026
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I really think there is a flaming shit meteor headed our way. I will be underground when it hits. The reason there was a rally is because there are so few traders in the game and the prices are pushed up by uninformed optimism. The big players are totally out at this time or they are waiting for these quick rallies to unload. Can you afford to be caught in a situation where everyone is selling and nobody is buying.
 

sprite09

Well-known member
Aug 10, 2020
964
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It has been great to see all green on all my stocks. Hope the same with everyone else.

good you're in the market... the bears have been caught flat footed and now screaming for it to happen next year instead.. yes markets will go down eventually , but they go up over time and most of the time they go up

those who have been sitting on the sidelines have missed a great year which will be detrimental to their long term return



 

stinkynuts

Super
Jan 4, 2005
7,270
2,072
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I sold some of my bitcoin too early. Still hold $15,000. When the next drop comes, I plan to load up. The REAL rally is coming in the next two years, during the halving cycle. This, combined with the approval of the bitcoin etf in the US will mean a huge influx of investors from hedge funds. Bitcoin should peak in the $80-150,000 range. But you need to get out before the crash.
 

Gators

Active member
Apr 9, 2023
209
169
43
Banks are coming around but doubt that will last in the coming months.
I play banks via sbc and lbs.

Reits are my best performance past months. ENB is doing well and now with approval from Michigan. I see it doing well. BCE and T are looking strong.

I think Reits will continue to do well in 2024 with interest rate cut as everyone expect. They all badly beaten.

I am fully invested but also have lots of GIC at 5 percent for 3 years. You will not see these rates again as inflation coming down and expected interest rate cuts.

Not sure about oil as i sold SU and CNQ. We might be witnessing oil dropping if saudi and Russia decide to increase production to hurt US.

Be vigilant and do your homework and due deligence and do not listen to experts.
 
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