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gilbert33
Fountain Valley, OC, CA
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since Feb 7 2012

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Stocks and Crypto down but there is a silver lining.
Jan 21 2022 02:05PM more by gilbert33
Tags: Orange County, Current Events (All tags)

It has been a bad couple weeks for my stocks and crypto. There is a silver lining.
My small mountain of silver has gone up in value. Going to start selling some of my junk silver, 90% half dollars, quarters and dimes this weekend. $1.00 in 90% silver coins selling for approx. $24 plus shipping. I have approx. $300.00 in junk silver. Some of it I purchased for under $11 per $1 dollar. Some of it came from the CoinStar machines in stores. Those machines reject silver and foreign coins. Been sticking my hand in the return slots for years. Some coins from metal detecting. My biggest score was purchasing a old, rusted, beat up slot machine at a garage sale. I shook it and heard coins rattle. There where about $150.00 dollars in silver in that machine.

      
There are 19 comments on this blog.
MartinBlank
Rancho Palos Verdes, Coastal, LA, CA
274 blogs/7883 comments
since Jan 11 2016

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Jan 22 2022 01:24PM     link to this

Too much math.
GoBallsDeep
Fullerton, OC, CA
152 blogs/11237 comments
since Dec 12 2019

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Jan 22 2022 01:34PM     link to this

I own the Mines of Moria, so I'm not worried.

SinfullyKorean
Huntington Beach, OC, CA
160 blogs/1024 comments
since Oct 25 2010

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Jan 23 2022 10:57AM     link to this

Sounds like a LOT of work and time for $300. Just go indy for an hr. lol
gilbert33
Fountain Valley, OC, CA
84 blogs/859 comments
since Feb 7 2012

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Jan 23 2022 12:53PM     link to this

$300 in junk silver equals approx $7,400.

I will do the work. Thank you.
GoBallsDeep
Fullerton, OC, CA
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since Dec 12 2019

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Jan 23 2022 03:54PM     link to this

^ How about a loan, I need to leverage up my crypto and double down
gilbert33
Fountain Valley, OC, CA
84 blogs/859 comments
since Feb 7 2012

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Jan 23 2022 04:49PM     link to this

^^ I purchased more Shibu when it dropped below .000019. Briefly hit .000023 ow dropping again. My average purchase price is at .000009.
gilbert33
Fountain Valley, OC, CA
84 blogs/859 comments
since Feb 7 2012

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Jan 23 2022 08:11PM     link to this

^ Yes, right now shib sits at .000022.

AFMadness
Inland Empire, CA
264 blogs/5900 comments
since Aug 17 2009

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Jan 23 2022 11:43PM     link to this

There is a report that an Executive order is being drafted for Biden to sign mid Feb. ish about Crypto.

Plus interest rates going up the next four quarters. So... hang on, it's going to be a long ride.
DrBoogie
El Monte, SGV, LA, CA
0 blogs/1057 comments
since May 31 2018

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Jan 24 2022 04:27AM     link to this

I have a diversified crypto portfolio and bought on the low side but
crypto keeps dropping, so I plan to buy some more.
I believe that crypto technology is the future, so it should eventually go back up
big time.
Crypto is the high- tech roller coast ride. 👍
CaliforniaGirl21
Inland Empire, CA
19 blogs/118 comments
since Aug 2 2021

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Jan 24 2022 09:10AM     link to this

I would to... for 7000.00

As for crypto, I will continue the Diamond Hand strategy with Bitcoin and Ethe.... eventually those too will get horny and rise up... jk but yeah I'm buying Bitcoin every time I can. this is another opportunity to jump on the wagon as you are still early to the party sort of speak...


just my silver dollar... I mean my 2 cents...
AFMadness
Inland Empire, CA
264 blogs/5900 comments
since Aug 17 2009

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Jan 24 2022 09:48AM     link to this

The problem I have is with any Crypto Token, it threatens the big boys up stairs. Namely the Federal Reserve and the US dollar. I expect bad things to come.

They have already turned the term "Miners" into Brokers so unless that changes they now have a tax liability. One reason why I believe Crypto took a hit in Nov.

Did you notice on last years IRS 1040 form that there is question asking you if you bought or sold any Crypto currency ? Yes or No. Mostly I may check No again Because I haven't sold any amount to trigger / generate a tax document, a 1099 to be sent to the IRS.
Robinhood kept asking me for the SSN, but I'm like I have no taxable income on that as of yet so you do not need it. Plus I have very little Doge in it anyway.

Sure now seems to be a great time to buy. However try not to go over an amount that you can not afford to lose.
InsearchofStarfish
Santa Ana, OC, CA
741 blogs/13135 comments
since Nov 17 2008

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Jan 24 2022 04:48PM     link to this

robinhood might hold any money coming out to you until you give them a SS#

these companies better be sending you any info they send the IRS...that could pose quite the cluster fuck




SydneyFox
OC, CA
160 blogs/1516 comments
since Dec 15 2011

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Jan 24 2022 07:40PM     link to this

Crypto will go poof like the .com bubble.
SydneyFox
OC, CA
160 blogs/1516 comments
since Dec 15 2011

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Jan 24 2022 07:46PM     link to this

A hedge fun manager would know the rules of the game best!
InsearchofStarfish
Santa Ana, OC, CA
741 blogs/13135 comments
since Nov 17 2008

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Jan 24 2022 07:59PM     link to this

crypto dot com has 700million dollars(over next 20 yrs) they need to be doling out to owners of the arena they just put their name on
SydneyFox
OC, CA
160 blogs/1516 comments
since Dec 15 2011

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Jan 24 2022 08:10PM     link to this

I know a guy
sugarbeer
Northridge, SFV, LA, CA
0 blogs/184 comments
since Dec 17 2011

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Jan 24 2022 08:30PM     link to this

you might wanna check out something called HEX, crypto started by Richard heart he's a cool cat, interviewed on LINK UP TV. just saying
InsearchofStarfish
Santa Ana, OC, CA
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since Nov 17 2008

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Jan 24 2022 08:39PM     link to this

spend 10hrs a week on crypto and or stock

time will be coming soon again for some life-changing investments

too bad we don't have a stock club...there were some good picks back in 2008/2009
GoBallsDeep
Fullerton, OC, CA
152 blogs/11237 comments
since Dec 12 2019

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Jan 24 2022 09:53PM     link to this

Buy any stock
If it goes up, sell it
If it don't go up, don't buy it
Don't over think it
There are 19 comments on this blog.