Anybody on here trade stocks and bitcoin?

[snarlpill]

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. 
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?

[1715082765]

1715082765

[1715082765]

1715082765

[1715082765]

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[keithers]

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

[Broseph Stalin]

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.

[Alley]

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. 

[BitOnyx]

Well marijuana related stocks would grow for rather long time now I'm afraid. Demand is limitless in US

[skilo]

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.

[keithers]

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...

[Dalmar]

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.

[keithers]

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...

[5thStreetResearch]

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. 

[snarlpill]

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.

[5thStreetResearch]

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.

[snarlpill]

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.

[5thStreetResearch]

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.

[snarlpill]

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.

[5thStreetResearch]

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.

[snarlpill]

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.

[miketonic]

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.

[aminorex]

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

[5thStreetResearch]

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

[snarlpill]

variations in share prices depend on lots of things

Word, definitely. There are so many different factors that influence stock prices such as political/economic factors, company news, good/bad company press, new laws and regulations, WAR, etc. Way too many to list.

[TrollboxChamp]

It is so funny this is popping up here today of all days. I had decided i wanna invest in marijuana related stocks cause i see a big boom coming and then here is this thread. So snarlpill...full disclosure what do you own? hehe...

I could see myself investing some profits from mining into stocks.

https://www.youtube.com/watch?v=LQ8HzyMiLd0 <---my rig i bought with profit from trading mazacoin  

[bitcoinwonders010]

this might be of interest to you

https://bitcointalk.org/index.php?topic=485719.0

[asfbhero]

try using interactivebrokers 1$ trades and u can trade basically any instrument with them, currency commodity bonds stocks derivatives etc.

If ur looking to do short term to mid term trading I would look into trading Forex cause u get great leverage and they are highly liquid. 

I used to trade stocks for a hedge fund, but have been focused on Bitcoin mining, exchange, trading, arbitrage, among other aspects of the Bitcoin economy.

Bitcoin profits vs stock market profits are massive in favor of Bitcoin.  as for marijuana the most profitable thing to do is invest directly with  a good grower and sell it yourself, it doesn't seem that's what you're looking to do though...

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[ryanmnercer]

Diversification. Why would you sell your stocks (diversity) to put all your eggs in one basket? That's insanity.

[Revolution]

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.

Yea cryptos are a great way to make money fast... or lose money fast...

Its a bit like gambling. But slightly safer if you know what you are doing.

[snarlpill]

The following is a story from trading stocks today. If you are not interested in trading stocks and prices it might bore you, I don't know.

Hey guys. Made 2 big mistakes today trading stocks. When I finally got around to checking my brokerage account's watchlist, I saw that ISR was up from $1.10 to $1.93. This was already around a 70% increase, which in my opinion you don't see very often. Usually if I am late to the party and a stock has already went up 70%+, if I jump in and buy, everybody already has sell orders executing because of the day's rises, then I get burned. Today I had seen the huge volume in it, this was around 2 pm, and the price at $1.93, I set a limit order to buy at $2.07, but watched as it climbed and climbed. Was going to raise my buy limit price to $2.10 but then decided to watch it live on my phone while I had a "market" buy order ready to click on my laptop as I saw the price drop to the lowest possible. Anyways, somehow my waiting hand accidentally clicked "buy" on my order and I bought 75 shares for $2.38. I thought to myself- Damn it! I thought everybody was going to continue selling and I had accidentally bought it way too high. So then I waited. I saw it steadily rising a little at a time, so I figured if I could pull off $2.54 a share I would be able to squeeze out a little in the positive. So I waited and waited some more. Then I saw it start to rise pretty fast. As it neared $2.50, I went to again cancel my limit order of "sell" for $2.54 and try to squeeze out the highest market price available. Long story short there- The price continued to raise. I ended up not cancelling my sell @ $2.54 order, it executed without me knowing, and then I sadly watched as the price went up further from $2.54 topping out at $3.04 for the day. It opened at $1.10! This stock went up from $1.10 to $3.04 today, nearly an 180% increase and nearly tripled. I kicked myself for not going all in at $1.93. Today's volume was around 87.39 million.

Anyways, does anybody think ISR will continue to rise tomorrow? @5thStreetResearch do you have any thoughts on that stock? I bought 58 more shares after-hours at $2.50 with money I will have settling tomorrow.

[snarlpill]

It is so funny this is popping up here today of all days. I had decided i wanna invest in marijuana related stocks cause i see a big boom coming and then here is this thread. So snarlpill...full disclosure what do you own? hehe...

I could see myself investing some profits from mining into stocks.

https://www.youtube.com/watch?v=LQ8HzyMiLd0 <---my rig i bought with profit from trading mazacoin  

@TrollboxChamp
I have an individual brokerage account with Scottrade. If you are looking into getting a trading account with a legitimate company, starting out as a basic trader - more advanced trader, I would recommend it. $500 min. to open. Basically $7 flat to buy, and $7 to sell. Stocks under $1 are a tiny bit more. You can get a check or wire transfer anytime if you have settled funds available (3 days min. after shares sold).

But anyways- as far as marijuana related stocks, I definitely do recommend them just in my personal opinion. I've owned and traded MJNA a lot and also CBIS, both of which have been doing pretty well lately. So those but also I watch GRNH. There are a few marijuana investing advocacy groups really promoting a lot of other listed companies, so there are a lot of others to look into. The way I see it, investing in marijuana could be a temporary "bubble," but in the long-term I think things are only destined to rise as legalization continues to spread, this is something I believe in so I definitely don't mind investing in it. All of these comments are just my personal opinions by the way.

[5thStreetResearch]

The following is a story from trading stocks today. If you are not interested in trading stocks and prices it might bore you, I don't know.

Hey guys. Made 2 big mistakes today trading stocks. When I finally got around to checking my brokerage account's watchlist, I saw that ISR was up from $1.10 to $1.93. This was already around a 70% increase, which in my opinion you don't see very often. Usually if I am late to the party and a stock has already went up 70%+, if I jump in and buy, everybody already has sell orders executing because of the day's rises, then I get burned. Today I had seen the huge volume in it, this was around 2 pm, and the price at $1.93, I set a limit order to buy at $2.07, but watched as it climbed and climbed. Was going to raise my buy limit price to $2.10 but then decided to watch it live on my phone while I had a "market" buy order ready to click on my laptop as I saw the price drop to the lowest possible. Anyways, somehow my waiting hand accidentally clicked "buy" on my order and I bought 75 shares for $2.38. I thought to myself- Damn it! I thought everybody was going to continue selling and I had accidentally bought it way too high. So then I waited. I saw it steadily rising a little at a time, so I figured if I could pull off $2.54 a share I would be able to squeeze out a little in the positive. So I waited and waited some more. Then I saw it start to rise pretty fast. As it neared $2.50, I went to again cancel my limit order of "sell" for $2.54 and try to squeeze out the highest market price available. Long story short there- The price continued to raise. I ended up not cancelling my sell @ $2.54 order, it executed without me knowing, and then I sadly watched as the price went up further from $2.54 topping out at $3.04 for the day. It opened at $1.10! This stock went up from $1.10 to $3.04 today, nearly an 180% increase and nearly tripled. I kicked myself for not going all in at $1.93. Today's volume was around 87.39 million.

Anyways, does anybody think ISR will continue to rise tomorrow? @5thStreetResearch do you have any thoughts on that stock? I bought 58 more shares after-hours at $2.50 with money I will have settling tomorrow.

Sorry bud, I dont follow that one.  What a move today though!

[arieq]

I used to trade stocks but then I switched to crypto. Trading crypto makes stocks look so boring. Who has time to wait a decade for something to double when you can invest in an alt coin and watch it quadruple in one hour

[snarlpill]

I used to trade stocks but then I switched to crypto. Trading crypto makes stocks look so boring. Who has time to wait a decade for something to double when you can invest in an alt coin and watch it quadruple in one hour

Slight thread-necro there but I agree. You can also get burned like a mofo trading crypto though, even if you think you've "got it."

[btcstomper]

How are you supossed to daytrade bitcoin? whenever I tried I always had bad luck and lost the train and took me a lot of days to be able to reenter the game. Its too damn risky.

[USAS-12]

How are you supossed to daytrade bitcoin? Its too damn risky.

That's a tough question and seems that we won't get answer soon

[Ayers]

i like to do some trades here and there, but it's better with altcoin, and not so much with bitcoin, also now it's even more risky, better to buy some cheap alt