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Post by aztecwin on Sept 26, 2017 7:08:52 GMT -8
I guess I am just going to miss the boat entirely. I get the idea of momentum investing but I just can't get past the idea there is no value basis other than what folks are willing to pay. I guess will just watch from the sidelines and wait to witness the carnage. seekingalpha.com/article/4109239-bitcoin-check-sanctimony-door?ifp=0I saw both this article and a pretty convincing advertisement this morning. |
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Post by AztecBill on Sept 26, 2017 9:28:49 GMT -8
I guess I am just going to miss the boat entirely. I get the idea of momentum investing but I just can't get past the idea there is no value basis other than what folks are willing to pay. I guess will just watch from the sidelines and wait to witness the carnage. seekingalpha.com/article/4109239-bitcoin-check-sanctimony-door?ifp=0I saw both this article and a pretty convincing advertisement this morning. That is true of most all currencies today. Nothing backs the dollar. The US backs up dollars with more dollars. |
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Post by aztecwin on Sept 26, 2017 16:24:18 GMT -8
I guess I am just going to miss the boat entirely. I get the idea of momentum investing but I just can't get past the idea there is no value basis other than what folks are willing to pay. I guess will just watch from the sidelines and wait to witness the carnage. seekingalpha.com/article/4109239-bitcoin-check-sanctimony-door?ifp=0I saw both this article and a pretty convincing advertisement this morning. That is true of most all currencies today. Nothing backs the dollar. The US backs up dollars with more dollars. True and one of the reasons I stay pretty nearly 100% invested. When things go south on Exxon/Mobil for instance I still own the same percentage stake in that business and all their assets. What can we have faith in? |
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