Thread regarding Honeywell International Inc. layoffs

Question for folks over 50: do you invest in crypto, bitcoin and why?

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| 1795 views | | 13 replies (last January 1, 2022) | Reply
Post ID: @OP+1ex9XqQW

13 replies (most recent on top)

Coming here for investment advice, to a group of people who by and large work for 30 years and then whine that their 401K is only $90K after borrowing from it for 30 years doesn't make much sense to me.

I've had a bleeding mole on my leg for the last 18 months that's really gotten big. Should I see a Dr?

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Post ID: @3wvu+1ex9XqQW

Cash out any HON stock you are holding, pay off debt, and buy physical precious metals. The way things are going down the only crypto you will be using by 2023 is the digital yuan!

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Post ID: @3tfm+1ex9XqQW

Bitcoin is crashing dude. Precious Metals all the way.

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Post ID: @2nqa+1ex9XqQW

Post ID: @1pmq+1ex9XqQW

100% correct. They ban people for a lot less. Maybe they are selling CC?

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Post ID: @1gpi+1ex9XqQW

This post shouldn't be posted here. The administrator should delete it.

This board was set up to talk about Honeywell. If we allow off the topics to be posted, the whole board will fill up with none related Honeywell subjects.

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Post ID: @1pmq+1ex9XqQW

You guys don't understand crypto. It's the only way we keep people in power from printing money. They are actively trying to collapse the dollar and you think crypto is fools gold?

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Post ID: @1zem+1ex9XqQW

Nope. Crypto is a threat to people that have armies and air craft carriers. Go try and buy something with crypto in china.

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Post ID: @1eaj+1ex9XqQW

Crypto is fool's gold. High stakes poker is a safer bet. Shut off the electricity, cyber attacks, or government intervention will take down crypto in a heartbeat. 2022 will be the year of CBDCs (Central Bank Digital Currencies). When everything melts down all of your banking and investments will be taken over by the Fed and you will be given a FedCoin IOU.

Only thing that has proven to hold its value over the millennia are tangible assets, especially precious metals. The way hurricane Brandon is destroying the republic, you better also invest in long-term food storage and 2A implements.

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Post ID: @1lfq+1ex9XqQW

Crypto is your ticket out of the 9 to 5 life style. Look into it.
Where do you think all of the money is going to go when the stock market pops?
Bonds? Nope. Real Estate? Nope. Foreign equities? Nope. Physical assets? Maybe. Digital assets which have had amazing returns? It's really the only good option left.

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Post ID: @uql+1ex9XqQW

Who needs to know? Phishy question.

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Post ID: @xab+1ex9XqQW

I mined over 250 ETH with a $2000 investment in video cards, when that still had a good ROI, and I purchased a few BTC when they were in the $400-$700 range. Got into bittrex and poloniex daytrading it, had my ups and downs, and then I consolidated everything I had left in 2017 when BTC hit $1000 and sold 15 and some change to pay off medical bills. (Which it just barely did, even after putting aside my cap gains taxes) Of course the whole thing has made me sick a few times since then. I had always said I'd hold out until they were $10k and sell half, and sell the other half when they hit $50k... but that's my luck. I did what I had to do. :)

Currently? I have 50 million or so SHIB because HEY... just in case. Holding out for $.01 (Like everybody else, I'm sure.)

It's money I would've blown in other useless ways. Not money I needed to get by. I always agreed with the 'never risk more than you can throw away' sentiment.

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Post ID: @ctt+1ex9XqQW

It's a purely speculative investment with nothing tangible to support it. No, I will not invest in it.

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Post ID: @cwn+1ex9XqQW

Nope. It’s a scam

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Post ID: @nki+1ex9XqQW

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