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Author Topic: Buying stocks with Bitcoin profits  (Read 2977 times)
bryant.coleman
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April 24, 2014, 02:15:35 PM
 #21

Buying stocks now is pretty retarded. The vast majority of them are significantly overvalued.

Yes... the vast majority of them are significantly overvalued. But there are still a few stocks which are having a very low P/E ratio. A wise investor must be able to differentiate these stocks.

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twiifm
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April 24, 2014, 05:35:08 PM
 #22

I suggest buying KNDI.  It could go down to 8-9.  If it does then buy more to double down

Otherwise as others say.  Now is time to short rather than buy
Skinnkavaj
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April 25, 2014, 02:30:15 AM
 #23

The money is in the Bitcoin economy... in fact, technically, Bitcoin is the only true form of "money" that exists in the world right now.

Putting your profits anywhere else, whether it be fiat - stocks etc would be the antithesis of what you're trying to accomplish (keep /make more money).

I wouldn't buy property or land either, unless you're financially stable enough to purchase outright... (Remember wealth is a game of Liabilities VS Assets)

I'd continue investing in bitcoin, might allocate some profit to commodities like gold, oil etc but bitcoin is ultimately where the action is right now. Those who are all in today will be the superiors of those who aren't in 10 years time... guaranteed.

People look at the current price and say "the markets crashing"... The word "crash" is used to draw connotations with planes falling out of the sky, car wrecks etc... Situations you would steer clear of, or wish to extracate yourself from immediately... The greatest trick the elite ever pulled!

Look at all the greats, JP Morgan... Soros... even Nathan Rothschild.. they all made the bulk of their fortunes from "crashes".. Their ethos is get the idiots to establish value... wait for a group of idiots to sell.. alert the nation of a "crash".. then buy everything at rock bottom price.. (remember if someone is selling, it's because someones buying)... a year later the market rebounds and who do you think profits the most?

I look at the market as it is now and see "prices slashed"... "60% off"... "SALE"... and I gobble up all i can i tell ya.. Think with your logical brain and always remember that bitcoin is going to change the world.. each coin you own is an investment in the underlying technology.. HODL

Couldn't have said it better myself

bryant.coleman
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April 25, 2014, 04:31:06 AM
 #24

I suggest buying KNDI.  It could go down to 8-9.  If it does then buy more to double down

Kandi Technolgies? The problem is that the stock is slightly over-priced right now. A year ago, it was trading at $3.80-4.00 levels. Now it is going at $12.50-13.00. That is almost 300% increase in valuation in just 12 months.

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April 25, 2014, 05:28:22 AM
 #25

I would at how much they distribute and when.  Many finance guys recommend spreading disbursement throughout the year.  Also look at what CDs and bonds throw off as well.  Finally there are some municipal bond that can be tax free - as long as the city (eg Detroit) doesn't go bankrupt.

Some states also allow you to invest in crowd loaning sites like prosper.


ALL investments have risk, so you just need to deal with the level tou can tolerate.

Dividend paying stocks,  bonds, both taxable and non taxable , loaning money to others -prosper.com-,
Personally things like annuities and CD are not something I like.

Good luck
Dalmar
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April 25, 2014, 03:23:52 PM
 #26

Playing commodities may be of interest to OP. They are a bit safer than stocks at the moment (both on the long or short side). I would keep an eye on coffee and wait for it to top out for a very nice shorting opportunity (it could go down hard over a period of a few months). Also, silver is an interesting one that may bottom out this year.
twiifm
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April 25, 2014, 03:36:17 PM
 #27

I suggest buying KNDI.  It could go down to 8-9.  If it does then buy more to double down

Kandi Technolgies? The problem is that the stock is slightly over-priced right now. A year ago, it was trading at $3.80-4.00 levels. Now it is going at $12.50-13.00. That is almost 300% increase in valuation in just 12 months.

There is risk.   But its a new company w a lot of growth potential.   8 or 9 would be a good price.   Not sure itll dip that low
bryant.coleman
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April 25, 2014, 03:41:45 PM
 #28

There is risk.   But its a new company w a lot of growth potential.   8 or 9 would be a good price.   Not sure itll dip that low

Well... it is a blue chip stock. That means that it is having high risk profile, at the same time having the potential for high returns as well. Just keep in mind that the EPS is -0.61 right now.

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wachtwoord
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April 25, 2014, 05:11:18 PM
 #29

Buying stocks now is pretty retarded. The vast majority of them are significantly overvalued.

So buy the undervalued ones.

OP, I think this is a great idea and stocks is the best thing to diversify to from Bitcoin imo.
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April 25, 2014, 05:21:18 PM
Last edit: April 25, 2014, 06:34:04 PM by Dalmar
 #30

So buy the undervalued ones.

OP, I think this is a great idea and stocks is the best thing to diversify to from Bitcoin imo.

With all the central bank pumping around the world there are not many left... And if they are still significantly undervalued by now, there's usually either something fundamentally wrong with the company or the industry.
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April 25, 2014, 05:27:31 PM
 #31

So buy the undervalued ones.

OP, I think this is a great idea and stocks is the best thing to diversify to from Bitcoin imo.

With all the central bank pumping around the world there are not many left... And if they are still undervalued by now, there's usually either something fundamentally wrong with the company or the industry.

I'm not sure you understand what undervalued means.
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April 25, 2014, 06:30:07 PM
Last edit: April 25, 2014, 07:15:20 PM by Dalmar
 #32

I'm not sure you understand what undervalued means.

I'm not sure you understand how efficient markets work.

Cheap credit has been flowing around Western markets for many years now, most stocks aren't 'cheap' at all. Most of those that appear to be undervalued on the surface usually have significant underlying issues. An example of this would be ticker PAL.
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April 25, 2014, 09:45:50 PM
 #33

I would like to make sure that my first million won't be the last one. For this I would reinvest a portion of my bitcoin profits to stocks.

3 questions rise:
1. Must I pay income tax before investing my bitcoin earnings to stocks?
2. How profitable can stocks be?
3. This is probably lame but: what stocks would you suggest to buy?

I wouldn't own stocks to trade them but to get the dividends. However, I have no idea how profitable stocks are in that sense. Can anyone tell me how much money I should invest in some nice stocks in order for them to earn me noticeable dividends?



For question #1...you can re-invest your earnings whenever you want, but you will have a tax liability on the gains that you made from BTC.   For the BTC you had more than a year it would be long term capital games, for BTC that you have owned less than a year it will be short term capital gains.  The tax liability will be due when you file your taxes in April (in United States)
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April 25, 2014, 10:28:57 PM
 #34

I'm not sure you understand what undervalued means.

I'm not sure you understand how efficient markets work.


I don't think anyone knows how efficient markets work because they are a myth.
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April 26, 2014, 06:50:30 AM
 #35

yes but if you take into consideration what the price was like a decade ago then you can see the the price is still pretty high.  I believe the price will soar but you shouldn't expect something like that over night.  I for one suspect manipulation in that market and would be cautious is what I'm getting at.

I really think that an unexpected event can happen --- gold crashing down to its intrinsic value.

As technology advances, the intrinsic value of gold may go up but I don't think it can go that much up. Ancient aliens were into gold for some reason, but it is highly speculative to think that man kind starts building pyramids with their tips made of pure gold any time soon.

Maybe buying land / houses and apartments would be a better alternative?

I'm bearish for conventional energy production too because the suppressed technology of Nikolai Tesla may soon find its way to the main stream. If energy becomes a free resource then you wouldn't want to be in the same boat with fossil fuels companies and its best friends.

Agreed always expect the unexpected as they say.  I am a believer in gold but I wonder how long until it shoots for the moon and how long it will stay that way if it does at all. 

I do like the open mindedness you have when it comes to investing but I think you should try and stick with more conventional ways of making profit at this time.  Land is not a bad idea I guess but like stocks you really have to do your due diligence.  I'm thinking stocks like Biotech would be good to look into as people will always be sick and that field is advancing.  Maybe look into other forms of technology based stocks sense you seem to have done well with BTC and even consider pharmaceuticals?  This is all just ideas that I think have potential in the future but need to be researched fully before making any real moves.    Best of luck with your investments!
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April 26, 2014, 02:40:36 PM
 #36

Yes, i better suggest to buy gold or silver instead stocks. You really need to know what you're doing when buying stock and still you are on a risk. Gold and silver like many people say.
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April 26, 2014, 04:37:43 PM
 #37

Yes, i better suggest to buy gold or silver instead stocks. You really need to know what you're doing when buying stock and still you are on a risk. Gold and silver like many people say.

Gold has already declined almost 50% from its peak in just 2 years. And I am not sure whether it will go down even more in the near future or not. So, in short, we can't say that bullion is any more risk-free when compared to the stocks.

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April 26, 2014, 07:48:19 PM
 #38

Sure you can, stocks can go bankrupt but its fairly hard to make gold evaporate.   In absolute terms it is absolutely risk free in comparison but they are two different asset types.   Gold wont grow either and a stock can go from a garden stall to cover half the world and you as the owner it is a proper investment.   Gold is just a rock, it starts, continues and ends at the same point it always was

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I am a believer in gold but I wonder how long until it shoots for the moon and how long it will stay that way if it does at all.  

Ive heard of gold in catalysts but never seen it, rocket fuel is even more unlikely.   Its essentially a paradox, not essentially useful but unique and unchanging and that includes price.   Dollar value can fall into a pit and its very likely, inversely appearance of gold in dollars rises

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Gold has already declined almost 50% from its peak in just 2 years.

The Chinese stopped buying gold directly and tried to declare no alteration in their gold holdings for the past few years yet they are the worlds largest miner and export nothing.   Since they've also tried to misrepresent their treasury holdings at times, this decline is more about politics then a real change

http://pricedingold.com/bitcoin/


Did anyone mention a holding in a BTC company   ?   That can grow.    Generally you should buy a mutual fund not single stocks, the risks are too high unless you are an accountant and can study factors.   More generally you should hold sectors

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April 26, 2014, 09:30:58 PM
 #39

Since you are taking profits out of a high risk investment, you probably want to put some in something that is a little less risk i.e mutual funds or bonds rather than individual stocks. Obviously some stocks are more stable than others, but you typically dont take profits out of something that is high risk, just to invest it in something else that is also high risk, you know?
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April 26, 2014, 10:07:36 PM
 #40


Did anyone mention a holding in a BTC company   ?   That can grow.    Generally you should buy a mutual fund not single stocks, the risks are too high unless you are an accountant and can study factors.   More generally you should hold sectors

I was basically saying the OP should look into other Bitcoin investemnts such as that in my last post.  I think it would be good to do that sense the OP has a good idea what Bitcoin is all about and can then research what new companies have to offer and can then begin to look into how much potential profits could be made.  Probably best to do a number of things mentioned in this thread and not go all in on one of them. 

I also like the idea of investing in bonds but don't really know much about it honestly.
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