Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Tacet....impressed with your posts
No little Red Dot this morning... :(
tacet you say it will be banned but you even get traded cyptro ETFs now and its a lot harder now to perhaps outright ban it when paypal and square and other companies are saying they will accept it as payment. I am not sure the grounds in which you can ban an asset and you know that even if USA does not all countries will , some countries will want to profit off of it
tacet. Unfortunately, I make you right. Hopefully, for the future of the World, the likes of us know nothing.
Ok but your talking about currency coins like bitcoin . There are useful blockchain technologies out there that get lumped into the term cryptocurrency that I think will be around for the future . I dont believe bitcoin is a currency in it's current form but the argument can be made the dollar it doesnt generate anything and isnt backed by anything anymore also. We should go back to a fiat backed by silver and gold method.
BB. I'm with you, but cryptocurrencies are the best way, via blockchains, for the elites to track the movement of money. They are gearing-up for national "coins" that will be controlled directly by Central Banks. So we will be given the equivalent of social credits that can be frozen on the wims of civil servants and politicians. Make money whilst you can because the day might soon come when wealth creation is the sole preserve of the top 10%.
ATB, FG
Hear hear BB
Each to own
But im with you
I won't touch any Cryptocurrency. It's fake, it has nothing other than sentiment to drive it and has no substance behind it. Furthermore it is a tool for crooks and terrorists. Should be banned.
Nuff said.
BB bitcoin is down from its ATH but the other alt coins don't seem to have been affected as much recently even by musk tweets ... Id personally like to see it take a big re-rate down so money floods into mining sector and also give me a better entry for a new coins on my radar
MAPP: I hear you buddy :)
Does anybody follow UFO on the OTC? (ASLRF) Up 37% right now.
Personally I don’t usually follow it, just wondering if it has any bearing on our price the following day on LSE.
Bishop Basher, I am not rude. I am honest.
Bitcoin is a fraud invented by Internet gamblers
and promoted by crooks. It is under attack for good reasons
and may disappear with shorts and longs going down the drain.
UFO has treasures in the ground and is sound.
My view is that this is a rise on thin air. The fall back hasn't surprised me. I was thinking of topping up but chose not to do so on the spike. It's only an RNS or other firm indicators that will build something sustained. That's fine as most of us are here for the full journey.
I'm learning not to get excited by the daily madness. But the share is fun to watch.
I still want to see the Chris2 v Silverthingy thread.
At least ShtCoin is taking a beating.
I hope traders missed the train on dodgy AIM.
WHY waste money trading when investment in
managed trusts, etc. is more rewarding.
Trading is gambling and gambling is a vice.
Being addicted means you have become a slave .
Now we are back to where we were before.
Up and down , round and round.
The game on AIM.
Let's hope traders lost the train.
I agree HH, let go of the losing shares . . . if you can tell which ones are losers!
If making a buck on stocks was easy, no one would go to work.
https://twitter.com/NorthstarCharts/status/1394662899067592708
@Barrett - a statistic that has stuck with me ever since I first heard it is that most private investors lose money in spite of making a higher number of successful trades than losing ones. That is to say they don't maximise profits from their good investments but compound loses trying to recover a few bad choices, both problems driven by a fear of losing money.
Nobody likes losing money but I think you have to accept that it is inevitable from time to time, once you accept that it doesn't matter how many losing trades you make so long as the profitable ones make enough profit to offset these then you are moving forward.
However, taking a portion of my investment off when there's a very nice rise (what my brother calls a haircut) seems like a good idea. I will try to do that on this year's rise.
HH, you're right, I've read the main cause of lost money on the stockmarket is moving your money around.
I would quickly drown if I tried to surf on Bondai beach, and the same with stocks: no surfing for me!
I'm very confident that within the next 6 months or sooner this share will be over 3p . The consilodation is over and its next leg up now. Yes there will be sellers on the way up but not many imo. And even if there are a few theirnshares will be eaten up by the silver bulls imo
@ Barrett - the very reason I didn't sell on the spike, despite recognising it as a spike, was I know my timing stinks and that statistically most investors lose money jumping in and out trying to trade sentiment driven moves.
DC26, maybe there has been chat about the rise to 3p, but more ideas would be helpful. All angles together might add up to accurate?
The only reason I didn't worry about missing the high-point was because most of the money I've lost on the stockmarket has been lost by jumping off, jumping on again, jumping off, jumping on again!
@HH, I think quite a number of us on this board can relate to your final paragraph below. I've let it go now but it bugged me for quite a while after the event (i.e not taking a good profit). I believe that one day this SP will be over 10p but I think it could be a bit of a slow move up to 3p because of friction along the way. In October we had free-air from 0.8p - 3.2p but this time around we have sellers on the way back up. I think it is more likely to fly freely later on once we have got past the 3p mark. Only my gut feel on the situation. This has probably been covered as a topic already before but I only check in occasionally. Cheers.