SP500 (INDEXSP) BBUS

Originally posted by BusMoves1: ↑

@durmaz you sound like you are emotionally trading. Just because you are making returns in excess of 50,000% per year which can be cashed out at any time, doesn't mean it's a smart investment? So what is the point of investing then, if it's not to make absurd returns which can potentially change your life? Is it to be 'right' and invest in vehicles like BBUS which should fundamentally go to the moon, but "the economy is not the stock market"

I put $5k in december from that Investor's call and i actually am on $42k. Some of the calls in DeFi such as RUNE and YFI are actually up and at new all time highs today despite the big crash, so it's really unfair to say that he's wrong and stupid. Also @thebarry111 he said that staking coins is zero risk, he never actually said investing in cryptocurrencies is risk free. I can see his frustration, you guys purposefully type bad to condone his behaviour but honestly at the end of the day, he is right, and you guy are wrong - however you want to look at it.

I agree he should not be posting here, but i have managed to recover all my BBUS loss and more, which really helped me pay off some personal debt. I can see he has also helped many other users here, so although he's posting in the wrong forum, it's better than discussing BBUS which has hit new all time lows today.

Just be nice to each other, it's not a football team, being short permanently is the worst thing to do in any market. Im thankful for Investor as instead of losing money with BBUS i managed to take your blind faith and completely paid off all my credit cards. To be fair i have never seen anything posted by @durmaz which would of made money. You have posted all those TA and charts but at the end of the day none were proven right. Yet you want to think this is a smart investment and that of Investor which made 50,000% in 3months is a stupid investment.

Really confused here guys...

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Crypto has been a great investment this year, and may well continue to be a good investment.

BBUS has not been a good investment this year which we all on here would agree.

A good trader is flexible and agile. I bought BBUS in the March 2020 crash and good quick returns were made, but I didn't cash out so lost those gains unfortunately but still cashed out before suffering any great losses.

I have also done my own research into crypto and staking and am slowly taking up positions, but am still uncertain long-term. Will try and lock in gains as it is volatile.

I have liked both bear and bull cases on this thread which I think is important. From what I read, a lot of people who invested in BBUS are currently out of it and looking for an opportunity for re-entry. I haven't seen anyone in a long time say to enter into BBUS. There may be some who are really deep in the red who are looking for a chance to exit without a huge loss.

People seem to forget that this is a place to put opinions and predictions. They will be right and wrong. The biggest waste of times is the 'congratulations' posts, as they simply do not provide any new information.

Just remember, you are criticizing others for being focused on an upcoming crash and inflated ego's, but if you do not listen to others opinions whether they are right or wrong, you may also find yourself in the same position if other assets go down and your mindset is this is just a dip and continue to rack up losses. Do not fall into the same trap.