OT: Lets talk about stocks (Part 2)

[Pacciosoftie]

Can anyone recommend a good online broker without ridiculous fees? I checked TD direct invest but $10 per trade plus quarterly fees are too much for me. I’m interested in Questrade but $1000 min. first deposit and I heard they have bad service.

 

[Scintillating10]

few things. If you're looking to make short term gains, it's with alt coins right now.

ATH from last week

BTC -14%
ETH -5%
ADA -20%
DOT -27%
XRP -30%
ALGO -30%
VET -14%
DOGE (lol) -33%

serious projections are talking about 70k in may, and 80-90 during summer.

Alt coin season will END in 2021. people will invest their gains in BTC/ETH

Those numbers can't be right. Made lot of money in Doge last week. Week before in Cardano

While Bitcoin been stuck around 60k for 2 months

 

[Woland]

Can anyone recommend a good online broker without ridiculous fees? I checked TD direct invest but $10 per trade plus quarterly fees are too much for me. I’m interested in Questrade but $1000 min. first deposit and I heard they have bad service.

wealthsimple is the popular one these days

 

[llamateizer]

Compared current price and recent ATH.

You can make big money with doge and safemoon.
It's about timing and when you get in or out.

Fast money can be made with alt coins.
But it's risky and exhausting.

I suck at this game. Tried a few times. Some gains and losses

 

[Boardish]

Can anyone recommend a good online broker without ridiculous fees? I checked TD direct invest but $10 per trade plus quarterly fees are too much for me. I’m interested in Questrade but $1000 min. first deposit and I heard they have bad service.

Wealthsimple trade. No trade fee, no minimum first deposit. App works well.

You can get 10$ free if I refer you

 

[llamateizer]

Can anyone recommend a good online broker without ridiculous fees? I checked TD direct invest but $10 per trade plus quarterly fees are too much for me. I’m interested in Questrade but $1000 min. first deposit and I heard they have bad service.

Wealthsimple is the best entry without the fees.

Disadvantages
- no real time. 15 min delay
- wires takes 3 business days.
- withdraw probably too (never tried)

Advantages
- 0 comissions fees
- can buy in small numbers

Personally I use RBC DI and WS.
I use the RBC to check prices and buy with WS

99.9% of my stocks is with RBC. instant wire is a big plus for me. 10$ is not fun for small purchases .

 

[Mrb1p]

Compared current price and recent ATH.

You can make big money with doge and safemoon.
It's about timing and when you get in or out.

Fast money can be made with alt coins.
But it's risky and exhausting.

I suck at this game. Tried a few times. Some gains and losses

Same. Ive made some coins with Doge, XRP, LTC, LINK and Dot but my real money is long-term. ETH, BTC, ADA and OMI (@Habs IM ABOUT TO COME BREAK YOUR LEGS)

 

[QuebecPride]

Can anyone recommend a good online broker without ridiculous fees? I checked TD direct invest but $10 per trade plus quarterly fees are too much for me. I’m interested in Questrade but $1000 min. first deposit and I heard they have bad service.

The 2021 Globe and Mail online brokerage ranking: Who’s best for investing ... and answering the phone

You should check this article out. It really depends what you want to do.

 

[Habs]

Same. Ive made some coins with Doge, XRP, LTC, LINK and Dot but my real money is long-term. ETH, BTC, ADA and OMI (@Habs IM ABOUT TO COME BREAK YOUR LEGS)

OMI is legit don’t worry we work with them. Don’t expect it to pump overnight lol. I bought another 300k coins two days ago. You will be loving me by the end of summer

 

[Mrb1p]

OMI is legit don’t worry we work with them. Don’t expect it to pump overnight lol. I bought another 300k coins two days ago. You will be loving me by the end of summer

I already love you for your refreshingly positive takes on the Habs, don't worry.

 

[Habs]

I already love you for your refreshingly positive takes on the Habs, don't worry.

I’m a ray of sunshine my friend , happy to lift your spirits. I mean what would you do if I showed up here all positive one day anyways ?

 

[Scintillating10]

wealthsimple is the popular one these days

So long moving money around with them. I left

 

[Scintillating10]

Short interest on AMC is 16%. Similar to GME, the squeeze happened late Jan when the stock jumped 10x over a few day period.

These guys holding out for a squeeze that already happened are not understanding what is going on. Both GME and AMC prices are slowly melting away while ignorant redditors wait for an event that already occurred. I read WSB every day, fascinating to watch the rain wreck in real time.

Definitely something odd happening with AMC though. It went up 5% yesterday with only 14% of usual volume traded. AMC usually trades 168 million daily, it traded 23 million volumes yesterday and went up 5%? That stock should be tanking.

 

[QuebecPride]

OMI is legit don’t worry we work with them. Don’t expect it to pump overnight lol. I bought another 300k coins two days ago. You will be loving me by the end of summer

From what I gather Ecomi has some deals with big names, but how does that transcend with the crypto value? Does the crypto value fluctuate via the number of transactions on its platform? Having a share of Ecomi would be interesting, not sure about putting money on that platform though.

 

[Habs]

From what I gather Ecomi has some deals with big names, but how does that transcend with the crypto value? Does the crypto value fluctuate via the number of transactions on it platform? Having a share of Ecomi would be interesting, not sure about putting money on that platform though.

They are burning coins with every drop, so in theory, the number of coins in supply will keep dropping. Thye launched with a lot of circulation, but that will correct itself. So yes, the value will fluctuate once the big big drops come in. I think NFT'S are a huge market, so I have bought a lot of cheap NFT plays right now.

 

[Crusher117]

Bought back into AC after selling it for 30$, didn't except to see a 23$ entry to soon after selling it at 30$. AC becoming a bit easy to swing trade these last few months.

 

[Woland]

So long moving money around with them. I left

what are you using instead ?

 

[llamateizer]

I bought some SCR at 21.42 in order to lower a bit my avg.
I've been buying dips for the last few weeks.


TSLA. do you put it in TFSA or RRSP ?

what are you using instead ?

I don't know what's your objectives. But if you want make small purchases in order to get comfortable with stock market, WS is the key.

 

[QuebecPride]

TSLA. do you put it in TFSA or RRSP ?

If you plan on holding Tesla, TFSA. Depends of your revenues of course as the RRSP tax break could be nice. But TFSA means no tax in the future either.

 

[DAChampion]

I'll be selling all of my crypto (or close to it) next Friday to set up an escrow account for a mortgage.

Hopefully next week is a better week for crypto then this past week.

 

[Habs]

Holy shit this is insane, thanks Jo. Every market is being played with by the whales, unreal.

 

[Habs]

I'll be selling all of my crypto (or close to it) next Friday to set up an escrow account for a mortgage.

Hopefully next week is a better week for crypto then this past week.

Its been a gong show, I'm in for the long haul so I'm just holding at this point. Still have my OMI, VeChain, Eth, ADA and a few other small caps. I'll just let it ride for a few months now.

 

[Scintillating10]

Bitcoin really taking a nosedive, 49k now.

 

[QuebecPride]

Bitcoin really taking a nosedive, 49k now.

Good moment to buy some more

 

[Scintillating10]

Good moment to buy some more

Bitcoin down below 50 day moving average. Many use that, be long comeback now