Another move in bitcoin recently. Had a $1000+ move on Friday /Saturday . Will the madness start again?
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Bitcoin Surge Pushes Weekly Gain to 30%, and It's Only Wednesday
The virtual currency surged as much as 14% on Wednesday, topping $12,900 for the first time since January 2018, and bringing its gain since late Friday to about 30%. The digital asset has climbed more than 200% since December, prompting many investors to ignore the 74% drop last year that followed the parabolic 1,400% surge in 2017.
https://www.bloomberg.com/news/artic...utm_content=tv
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
A bitcoin related post on 'Am I the *******' on Reddit:
TLDR: Wife found out husband lost $200k on bitcoin. Now thinking about a divorce
https://www.reddit.com/r/AmItheAssho...band_who_lost/My husband and I have been married for 10 years. For our entire relationship, I have brought the majority of the money into the home. I contribute 75% of that. I don't mind, really. It's not something I think about and I have always considered it "our" money. Our country (Switzerland) is really expensive and I grew up not in a large city, and rather poor. When I had the chance to go to university, I studied hard, learned 3 languages, got 2 degrees, and was able to secure a good position in finance. Years later, I make a very good salary and we don't have to worry about money.
We decided that my husband would handle all of the money and finances for the home. I would check on the accounts every once in a while but, I haven't been checking regularly. A few weeks ago, I was thinking about buying a Model 3, since it has recently come to our country and I've fancied it for some time. I played with the numbers and while figuring out if I can afford it or not, I realized that there was a weird mistake in our accounts. There was 300k CHF/USD missing.
When my husband got home, I showed him the accounts and after some pushing, he admitted that he lost 200k in cryptocurrency in 2018. This is about 25% of our savings. Besides being shocked and angry, I cannot help to feel that he stole from me. He put money into something stupid without talking to me and then tried to hide it. I was thinking about this for a week and talked to my friends and family about it. They think we should see a doctor and talk about it, try to work out the problem. But I honestly just want to get divorced. If he is capable of doing this, how can I trust him ever again? AITA for not wanting to talk about it or go to therapy? AITA for thinking about divorce?
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Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Yeah, what’s the rest of the story?
Did he keep the bitcoin, and now is back to even? Did he keep buying on the way down, so now he is WAY ahead, and she is calling him a ‘financial genius’?
Yes, he should have let her know, even though she said he could handle the finances. But one decision does not make or break a person’s financial acumen.
So what IS the rest of the story??
There are 10 types of people in the world. Those who know binary, and those that don't!!
Retired on December 31, 2018!!
[COLOR=#0000ff][FONT=comic sans ms][I]"In the land of idiots, the moron is King."--Unknown[/I][/FONT][/COLOR]
https://www.reddit.com/r/AmItheAssho...band_who_lost/
See my previous post.
[COLOR=#0000ff][FONT=comic sans ms][I]"In the land of idiots, the moron is King."--Unknown[/I][/FONT][/COLOR]
A $1,800 Drop in Minutes: Bitcoin Volatility on Full Display
$ Pay site $: https://www.bloomberg.com/news/artic...y?srnd=premium
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Have you been waiting for Bitcoin to get back below $10,000?
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Sold once we broke 12k support. Looking for 9-8.5K consolidation to hold before reentry.
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