BMW M5 Forum

Post Reply
 
Thread Tools Search this Thread
      12-07-2017, 06:05 PM   #221
stylinexpat
Major
stylinexpat's Avatar
430
Rep
1,427
Posts

Drives:
Join Date: Aug 2008

iTrader: (0)

$17,000 broken
Attached Images
 
Appreciate 0
      12-08-2017, 12:04 PM   #222
m235iMike
Private
United_States
73
Rep
94
Posts

Drives: 2015 m235i, 94 Supra, 03 Evo
Join Date: Nov 2014
Location: Long Island, New York

iTrader: (0)

How about iota? Any of you into that? Looks very promising
__________________
Appreciate 1
      12-08-2017, 12:05 PM   #223
bimmer456
Major General
3084
Rep
6,089
Posts

Drives: 340i
Join Date: Nov 2016
Location: Pasadena, CA

iTrader: (0)

Bitcoin Investing

What do you guys think about bitcoin investing? Based on recent reports, bitcoin went from $1000 in January $18000 now. I'm buying GBTC ETF which is 1/10th of a bitcoin. Based on a relatively modest investment and assuming what analysts have been saying it could be easy to make several million dollars in just a few months!
Appreciate 0
      12-08-2017, 12:13 PM   #224
bimmer456
Major General
3084
Rep
6,089
Posts

Drives: 340i
Join Date: Nov 2016
Location: Pasadena, CA

iTrader: (0)

This is the easiest/quickest way to make millions of $$. If you never invest, you'll never become a baller, so jump in.
Appreciate 0
      12-08-2017, 12:47 PM   #225
ASAP
Major General
ASAP's Avatar
10970
Rep
9,101
Posts

Drives: '23 X3 M40i
Join Date: Sep 2012
Location: FL

iTrader: (0)

yes its very easy to make a few million in a few months

here is the best piece of advice you will probably hear- if you've already heard about it on the news and everyone has already hopped in, you are late for the big bucks or are in the middle of a pump and dump.
__________________
2 x N54 -> 1 x N55 -> 1 x S55-> 1 x B58
Appreciate 4
blue-mw215.50
P111736.50
Hawkeye2064.50
      12-08-2017, 01:24 PM   #226
antych
Lieutenant
United Kingdom
245
Rep
435
Posts

Drives: 2017 BMW M4CP SO
Join Date: Feb 2015
Location: London

iTrader: (0)

Garage List
2014 BMW M4  [10.00]
And this is why it's going up in value lol
Appreciate 4
Lups11831.00
bimmer4563084.00
P111736.50
      12-08-2017, 01:35 PM   #227
bimmer456
Major General
3084
Rep
6,089
Posts

Drives: 340i
Join Date: Nov 2016
Location: Pasadena, CA

iTrader: (0)

Quote:
Originally Posted by ASAP View Post
yes its very easy to make a few million in a few months

here is the best piece of advice you will probably hear- if you've already heard about it on the news and everyone has already hopped in, you are late for the big bucks or are in the middle of a pump and dump.
I think it's better late than never, if you think it's going to drop you will never get into it and then it will rally again and you won't get in it at that time because you're always afraid to jump in and take the risk.
Appreciate 0
      12-08-2017, 01:39 PM   #228
wdb
dances with roads
wdb's Avatar
5108
Rep
4,132
Posts

Drives: '07 E86, '02 996, '95 Seven
Join Date: Jul 2015
Location: the perimeter

iTrader: (4)

You should try to time it so that you can jump out of bitcoin and into tulip bulbs just at the right moment.
Appreciate 1
Lups11831.00
      12-08-2017, 01:43 PM   #229
ASAP
Major General
ASAP's Avatar
10970
Rep
9,101
Posts

Drives: '23 X3 M40i
Join Date: Sep 2012
Location: FL

iTrader: (0)

Quote:
Originally Posted by bimmer456 View Post
Quote:
Originally Posted by ASAP View Post
yes its very easy to make a few million in a few months

here is the best piece of advice you will probably hear- if you've already heard about it on the news and everyone has already hopped in, you are late for the big bucks or are in the middle of a pump and dump.
I think it's better late than never, if you think it's going to drop you will never get into it and then it will rally again and you won't get in it at that time because you're always afraid to jump in and take the risk.
sounds like u have a plan!
__________________
2 x N54 -> 1 x N55 -> 1 x S55-> 1 x B58
Appreciate 0
      12-08-2017, 01:45 PM   #230
bimmer456
Major General
3084
Rep
6,089
Posts

Drives: 340i
Join Date: Nov 2016
Location: Pasadena, CA

iTrader: (0)

No need to time it for anything, I buy and hold. I've had 45% return on investment since jumping into the market 2 years ago. Looking to do even better with bitcoin! Worst case scenario if the whole market crashes I'll buy gold and make money during a recession while everyone else is losing money.
Appreciate 0
      12-08-2017, 01:51 PM   #231
antych
Lieutenant
United Kingdom
245
Rep
435
Posts

Drives: 2017 BMW M4CP SO
Join Date: Feb 2015
Location: London

iTrader: (0)

Garage List
2014 BMW M4  [10.00]
Quote:
Originally Posted by bimmer456 View Post
No need to time it for anything, I buy and hold. I've had 45% return on investment since jumping into the market 2 years ago. Looking to do even better with bitcoin! Worst case scenario if the whole market crashes I'll buy gold and make money during a recession while everyone else is losing money.
lol what a guy, only 2 years of investing and you're going to beat everyone when recession comes, such a pro

it's good there are naive people like that in the market, someone has to take in the loses so others can gain
Appreciate 1
Scout1086.50
      12-08-2017, 01:56 PM   #232
GOLFFRR
GOLFFRR's Avatar
11212
Rep
27,974
Posts

Drives: GOLFFRR cart
Join Date: Mar 2009
Location: we sell BMWs to "ALL" US states

iTrader: (4)

too late IMO
__________________

BEFORE YOU BUY YOUR NEXT BMW, EMAIL OUR GUY KOTE FIRST!
Kote M Sales:Kotem@bmwofcamarillo.com Cell:805-368-9101
vipfinance@bmwofcamarillo.com for warranties!
Appreciate 0
      12-08-2017, 02:05 PM   #233
KingOfJericho
Major General
KingOfJericho's Avatar
United_States
2458
Rep
7,341
Posts

Drives: Yes
Join Date: Aug 2007
Location: CT

iTrader: (1)

Garage List
2010 135i Coupe  [5.26]
Quote:
Originally Posted by bimmer456 View Post
No need to time it for anything, I buy and hold. I've had 45% return on investment since jumping into the market 2 years ago. Looking to do even better with bitcoin! Worst case scenario if the whole market crashes I'll buy gold and make money during a recession while everyone else is losing money.
Oh, is that all there is to it?

It's been pretty damn easy to make money over the last nine years when we've had double digit equity gains for seven of them.
__________________
The views and opinions expressed in this post are those of the author and do not necessarily reflect the official policy or position of Bimmerpost.

2018 Jeep Grand Cherokee High Altitude Hemi | 2010 S4 Sold | 2010 BMW 135i Retired | 2006 Lotus Exige Sold
Appreciate 1
Lups11831.00
      12-08-2017, 02:24 PM   #234
bimmer456
Major General
3084
Rep
6,089
Posts

Drives: 340i
Join Date: Nov 2016
Location: Pasadena, CA

iTrader: (0)

Quote:
Originally Posted by KingOfJericho View Post
Oh, is that all there is to it?

It's been pretty damn easy to make money over the last nine years when we've had double digit equity gains for seven of them.
Yes, it's that easy. If I started getting paranoid I could cash out now and keep all the money I've made but I think I'll stay. It's as easy as Mark Z, Tim Cook, and the guy who runs Amazon. Buy and hold one stock, sell a few shares from time to time, etc.
Appreciate 0
      12-08-2017, 02:28 PM   #235
iamwingman
Major
1205
Rep
1,185
Posts

Drives: 21 Carrera S, 23 Tesla Model S
Join Date: Jun 2014
Location: South Florida

iTrader: (0)

Quote:
Originally Posted by wdb View Post
You should try to time it so that you can jump out of bitcoin and into tulip bulbs just at the right moment.
One word. Alpacas.
Appreciate 2
Lups11831.00
wdb5107.50
      12-08-2017, 03:17 PM   #236
kprocivic
Lieutenant Colonel
kprocivic's Avatar
816
Rep
1,575
Posts

Drives: ecoboost s to the t
Join Date: Apr 2014
Location: 92346

iTrader: (7)

Quote:
Originally Posted by ASAP View Post
yes its very easy to make a few million in a few months

here is the best piece of advice you will probably hear- if you've already heard about it on the news and everyone has already hopped in, you are late for the big bucks or are in the middle of a pump and dump.
someone get this man a beer on me.
__________________
2.0l ecosmackkaa
Appreciate 2
      12-08-2017, 03:20 PM   #237
upstatedoc
I'll get back to you
upstatedoc's Avatar
7535
Rep
2,132
Posts

Drives: blue streak
Join Date: Dec 2009
Location: not downstate

iTrader: (2)

yes let's get another thread on bitcoin going
__________________
2018 Stinger GT
2009 E90 N51 /Active Autowerke Stage 2 tune/BMW Performance Exhaust/
Countermeasure enthusiast.
Appreciate 3
Lups11831.00
Bups204.00
P111736.50
      12-08-2017, 04:03 PM   #238
3 Stripes
Private
3 Stripes's Avatar
57
Rep
88
Posts

Drives: 2013 Alpine white F30
Join Date: Aug 2013
Location: Chicago

iTrader: (1)

Quote:
Originally Posted by m235iMike View Post
How about iota? Any of you into that? Looks very promising
I bought some iota at 1.50 last week before it blew up. I have since bought more since the hype and am sitting on 60%+ profit. I literally couldn't put money in my coinbase account fast enough
Appreciate 0
      12-08-2017, 04:07 PM   #239
SunnyD
Major
SunnyD's Avatar
United_States
478
Rep
1,316
Posts

Drives: M4 GTS
Join Date: Dec 2006
Location: Long Beach, CA

iTrader: (1)

This is the time to short it IMO
__________________
'16 ///M4 GTS
'11 ///M3 E90 ZCP | DCT
'06 ///M5 | SMG - Gone
'98 ///M3 | 5MT - Gone
'07 ///M Coupe | 6MT - Gone
Appreciate 0
      12-08-2017, 04:10 PM   #240
Bups
Masterdebater
Bups's Avatar
204
Rep
176
Posts

Drives: Toyoda Camray
Join Date: Oct 2017
Location: Barcelona

iTrader: (0)

This is a pretty good read;

http://time.com/money/5053744/hacker...alflow_twitter
__________________
“How are Mr. Trump’s hands?” My hands are fine. You know, my hands are normal. Slightly large, actually. In fact, I buy a slightly smaller than large glove, okay? No, but I did this because everybody was saying to me, “Oh, your hands are very nice. They are normal.”
- Donald J. Trump.
Appreciate 0
      12-08-2017, 04:19 PM   #241
iamwingman
Major
1205
Rep
1,185
Posts

Drives: 21 Carrera S, 23 Tesla Model S
Join Date: Jun 2014
Location: South Florida

iTrader: (0)

Quote:
Originally Posted by bimmer456 View Post
Yes, it's that easy. If I started getting paranoid I could cash out now and keep all the money I've made but I think I'll stay. It's as easy as Mark Z, Tim Cook, and the guy who runs Amazon. Buy and hold one stock, sell a few shares from time to time, etc.
They have inside information. Do you have inside information ? Do you think those smart men would be stupid enough to be all in on one stock if they weren’t insiders?
Appreciate 0
      12-08-2017, 06:23 PM   #242
m235iMike
Private
United_States
73
Rep
94
Posts

Drives: 2015 m235i, 94 Supra, 03 Evo
Join Date: Nov 2014
Location: Long Island, New York

iTrader: (0)

Quote:
Originally Posted by 3 Stripes View Post
I bought some iota at 1.50 last week before it blew up. I have since bought more since the hype and am sitting on 60%+ profit. I literally couldn't put money in my coinbase account fast enough

I bought a bunch. I feeling bitcoin is going to crumble and iota will rise
__________________
Appreciate 0
Post Reply

Bookmarks


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 06:42 PM.




m5:
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST