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Author Topic: Anybody on here trade stocks and bitcoin?  (Read 2400 times)
snarlpill
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March 18, 2014, 04:26:31 AM
 #1

I've had an individual brokerage account with Scottrade for a couple years now, and just recently I've fully gotten into BTC, and I've been thinking about selling my stocks to invest in bitcoin. Do any of you fellow Bitcoin enthusiasts invest in the stock market as well as holding/trading in bitcoin? I mostly do short-term to long-term holdings of stocks before selling, lately I've had good gains in marijuana related stocks.  Wink
I have very limited capital right now. Anyways, I see pros and cons to both with going all in on one of the 2 options. Just wondering if you guys had any input, and if you don't currently trade would be interested in buying and selling stocks. If you do trade, what companies have you had good experiences with lately?

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March 18, 2014, 06:29:46 AM
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I do a little bit of both. I'll check out what I have in my portfolio and post back here. I have some individual stocks and then some mixed funds
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March 18, 2014, 07:08:13 AM
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I'm no expert or anything, but I subscribe to some of the Motley Fool newsletters as well as the free Stock Gumshoe.
At this time I don't hold any stocks. I sold them all to invest in bitcoin last year, and that turned out very well as you can imagine. I've been thinking about getting back into stocks seeing as I've sold some of my bitcoin and have fiat available again. If I do, the holdings will be for the long term (10+ years) and I will most likely follow the core portfolio of the Motley Fool Stock Advisor newsletter + a few from their Rule Breakers.
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March 18, 2014, 11:40:52 AM
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I do both.  I use TD Ameritrade.  I have long stocks that I collect dividends on and gamble with penny stocks on the short term.  Bitcoin makes up about 20% of my portfolio bit I've actually been thinking about increasing my position lately when I consider whats going to get me the best end of year gains. 
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March 18, 2014, 11:57:51 AM
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Well marijuana related stocks would grow for rather long time now I'm afraid. Demand is limitless in US

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March 18, 2014, 02:43:13 PM
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I played with stocks for about a year back in 2012 and i really didn't do very well so i sold what few shares i had and started putting more money into Bitcoin, Needless to say Bitcoin has been doing very well and i have made more money in Bitcoin in a like a month than i did in stocks all year.
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March 18, 2014, 03:36:16 PM
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Seeking Alpha is a good iphone app that allows you to track the news on your portfolio as well as companies that you are considering investing in.   IMO, it is one of the few news outlets that actually has the power to shift the market prices with its news briefs...
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March 18, 2014, 03:38:17 PM
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Well marijuana related stocks would grow for rather long time now I'm afraid. Demand is limitless in US

Many marijuana penny stocks are pump and dumps. Few are legitimate.

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March 18, 2014, 03:39:00 PM
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Well marijuana related stocks would grow for rather long time now I'm afraid. Demand is limitless in US

I had some money in Marijuana stocks.   I got in and out and made a little more than double my money.   It was more luck than skill, as I did not do the proper research before investing.   My train of thought was that the stocks would go up as states in the United States legalize Marijuana.  However, only certain marijuana stocks actually benefit from the adoption of marijuana.   The companies that I invested in did not benefit from this, but I think the speculation still brought the stocks to more than double their value.

For instance, I think I got in MJNA at around $0.10/share, and sold at like $0.31.   So it was the equivalent of like a feathercoin pump and dump...
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March 18, 2014, 05:27:13 PM
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I traded for a hedge fund based in San Fran and I currently publish a stock analysis website, http://5thstreetresearch.com/.  I haven't had much time to update in the past 2 months, but MPEL, LVS, FL, MSG and TTWO all remain solid buys in my opinion.  If you disagree with any of my recommendations please feel free to comment. 

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March 18, 2014, 05:31:57 PM
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Many marijuana penny stocks are pump and dumps. Few are legitimate.


I tend to disagree with that. MJNA and CBIS have shown pretty consistent growth and I forecast them as continuing to rise. I disagree with whoever said that Seeking Alpha's news briefs are the only ones to influence  the market. Some of the benefits I see with going all-in on BTC rather than the stock market- it seems like there is lower commissions for buys/sells (Scottrade charges me a min. of $7 to buy and sell each), no settling period after a sale where I can't immediately re-buy some and/or cash out, long-term holdings with BTC I could use the profit as money to live, no market-only hours, I can gamble with my BTC holdings for gains (I wish), etc. There are a few more than those that I have thought of but can't think right now. However, the stock market has some upsides to it as well. But for now- I'm thinking about continuing to hold some of my long-term shares, and selling the rest to put into BTC.

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March 18, 2014, 05:35:04 PM
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Many marijuana penny stocks are pump and dumps. Few are legitimate.


I tend to disagree with that. MJNA and CBIS have shown pretty consistent growth and I forecast them as continuing to rise. I disagree with whoever said that Seeking Alpha's news briefs are the only ones to influence  the market. Some of the benefits I see with going all-in on BTC rather than the stock market- it seems like there is lower commissions for buys/sells (Scottrade charges me a min. of $7 to buy and sell each), no settling period after a sale where I can't immediately re-buy some and/or cash out, long-term holdings with BTC I could use the profit as money to live, no market-only hours, I can gamble with my BTC holdings for gains (I wish), etc. There are a few more than those that I have thought of but can't think right now. However, the stock market has some upsides to it as well. But for now- I'm thinking about continuing to hold some of my long-term shares, and selling the rest to put into BTC.

dont place too much trust in any stock traded on an OTC exchange... there is a reason they are there.

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March 18, 2014, 05:38:02 PM
 #13

I traded for a hedge fund based in San Fran and I currently publish a stock analysis website, http://5thstreetresearch.com/.  I haven't had much time to update in the past 2 months, but MPEL, LVS, FL, MSG and TTWO all remain solid buys in my opinion.  If you disagree with any of my recommendations please feel free to comment. 

I checked the 5 year charts on all of those, they look pretty great, especially if you've been holding for long. However, I don't know whatever individual company news is going on either.

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March 18, 2014, 05:41:21 PM
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I traded for a hedge fund based in San Fran and I currently publish a stock analysis website, http://5thstreetresearch.com/.  I haven't had much time to update in the past 2 months, but MPEL, LVS, FL, MSG and TTWO all remain solid buys in my opinion.  If you disagree with any of my recommendations please feel free to comment. 

I checked the 5 year charts on all of those, they look pretty great, especially if you've been holding for long. However, I don't know whatever individual company news is going on either.

MPEL and LVS will continue to ride the Macau boom for some time.  I lived in Macau for 3 months last year and there is absolutely no sign of things slowing down anytime soon there. Both have a couple massive casinos opening in the next 2 years as well that will yield huge growth especially for MPEL as most of there revenue currently comes from 1 casino.

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March 18, 2014, 05:47:40 PM
 #15


dont place too much trust in any stock traded on an OTC exchange... there is a reason they are there.

True, but many of the marijuana companies are moving up everyday towards full reporting. Props on working for that San Fran hedge fund too. Basically my dream job is day trading, with my own money.

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March 18, 2014, 05:53:35 PM
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dont place too much trust in any stock traded on an OTC exchange... there is a reason they are there.

True, but many of the marijuana companies are moving up everyday towards full reporting. Props on working for that San Fran hedge fund too. Basically my dream job is day trading, with my own money.

Thanks bud.  Keep studying and working at it and you'll get there.

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March 18, 2014, 05:55:13 PM
 #17


Thanks bud.  Keep studying and working at it and you'll get there.

Thanks man. Great idea with investing in casinos in the first place by the way. The house always wins, and they will continuously rake in that dough.

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March 18, 2014, 09:16:20 PM
 #18

I have most of my capital in stocks and BTC is kind of a extra spice on my portfolio. I believe it has a lot of potential, but it's so risky that I'm not ready to bet on it big time. Also I like the fact that my stocks offer me regural cash flow in form of dividends. I have also allocated some of my BTC holdings to cryptostocks for the same reason I'm invested in regular stocks.
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March 18, 2014, 09:44:24 PM
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Thanks bud.  Keep studying and working at it and you'll get there.

Thanks man. Great idea with investing in casinos in the first place by the way. The house always wins, and they will continuously rake in that dough.

Variations in share price tend to depend on changes in the margins

Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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March 18, 2014, 10:33:53 PM
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Thanks bud.  Keep studying and working at it and you'll get there.

Thanks man. Great idea with investing in casinos in the first place by the way. The house always wins, and they will continuously rake in that dough.

Variations in share price tend to depend on changes in the margins

variations in share prices depend on lots of things

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