Forums Welcome to NABPM Ways to raise capital for real estate investing…..
Viewing 15 posts - 31 through 45 (of 210 total)
  • Author
    Posts
  • #1428 Reply
    Lance Thompson
    302 Posts

    Well, I do have good news……As of today, Thursday, March 7th the cryptocurrency exchange Cryptopia is back up & running. I went in and checked and thankfully I lost zero of any of the cryptocurrencies I own on that exchange.

    Whew!!!!

    Anyway, crypto exchanges have a ways to go to earn “public trust” from big institutions when it comes to them being hack-proof. Whenever you watch discussions on CNBC, Bloomberg or on the Crypto Trader channel on YouTube & you hear those being interviewed say that there are still “custodial concerns about crypto exchanges” that’s exactly what they’re talking about……cryptocurrency exchanges making themselves secure enough that they are no longer hackable by cyber thiefs.

    I will continue to hold my crypto in my electronic wallets on the Cryptopia website simply because I am of the belief that now that they’ve been hacked that they’ve been left with no choice but to reinforce their website security so strongly that it’ll be next to impossible to ever hack them again.

    The rest of the exchanges out there better invest the money needed in strong cyber security so that we see a lot less of this going forward because they’re going to need public trust & confidence if they want cryptocurrencies to shoot up in value again.

    #1432 Reply
    Lance Thompson
    302 Posts

    Listen up good people, listen up!!……Especially at the 15 minute & 15 second mark when they talk about a company called Paxos who is one of the first New York state regulated custodial services for cryptocurrency.

    This Token 2049 Conference currently taking place over in Hong Kong is pretty exciting.

    #1437 Reply
    Lance Thompson
    302 Posts

    Took him a while, but Crypto Kirby has finally seen the pattern in the chart to make him believe that Bitcoin is now really really really forming a “potentially” bullish/upward pattern.

    Only thing I can do is speculate on what is keeping Bitcoin from breaking out and spiking up into the $5,000s or higher. Want to know what I think institutional investors are waiting on?…….I think they’re waiting on the U.S./China Trade Deal to be finalized. Don’t ask me for any technical information that explains that, all I can tell you is that I’ve got a hunch…..I’ve just got a strong feeling. Whenever the U.S. & China announce that they’ve finalized the deal, which I suspect will happen some time in April (and with all of the posturing going on between the 2 countries’ regimes it may even be stalled until May or June) let’s see if Bitcoin spikes within the next few days of that announcement. If it does we know that I was on-point. Until the market has “certainty” that the deal will be finalized I believe that Bitcoin will be “rangebound”, just channeling across, & across, & across, & across, somewhere between $3,170 & $4,100….(in all honesty I really expect it to be rangebound between $3,800 & $4,100 but there is a possibility is may take a dip back down to our previous low of $3,169). When she dipped down to $3,169 a few months ago she was “well defended” by the buyers at that price-point & the sellers “lost steam” at that level so I don’t expect that to change. Also, as many of you are acutely aware ALL INDEXES are rangebound & just sitting there bouncing back-n-forth until the U.S./China trade deal is finalized…..the Dow, the Nasdaq & the S&P are all stuck in certain ranges, as is oil between $58 & $60 a barrel awaiting the word from the 2 regimes that they have a deal. I sincerely believe the crypto market will trade no differently.

    And one last thing…..IF cryptocurrencies spike after the announcement of the U.S. & China trade deal then we’re all going to have to tune-in to CNBC & Bloomberg tv/radio/online broadcasts for the explanation of why that trade deal impacted the price of cryptocurrencies from the institutional investors they interview….Cause I don’t know about you but I’m gonna be thinking “Y’all got some explaining to do…What the hell just happened??”……I suspect that it may have something to do with more regulatory clarity on cryptocurrencies but I can’t say that for sure so I’ll be tuning in for the “official” explanation.

    #1453 Reply
    Lance Thompson
    302 Posts

    Thoughts shared by a few institutional investors regarding the recent jumps we've seen take place in Bitcoin. Enjoy………………………………..

    #1456 Reply
    Lance Thompson
    302 Posts

    For all aspiring poker players out there here's The Phil Ivey Story……It tells you about how Phil got into the game of poker and most importantly it doesn't just talk about his successes……it also goes into great details about his failures which is SO important.

    #1460 Reply
    Lance Thompson
    302 Posts

    Yeah………..

    As I'm sure many of you are aware, Binance Cryptocurrency Exchange which is one of the biggest cryptocurrency exchanges in the world was hacked yesterday evening. So then this begs the question…..Why is Bitcoin still up $110 to $5,931 today on Wednesday? I'm only speculating but Binance has already come forward and promised to cover all losses so no members of their website are going to lose any money. That's what I strongly suspect has restored confidence.

    Still………..at the end of the day these cryptocurrency exchanges need to get their s–t together as I'm sure you all agree.

     

    Binance says more than $40 million in bitcoin stolen in ‘large scale’ hack

    #1461 Reply
    Lance Thompson
    302 Posts

    For those interested in learning how to read stock charts, what better place to learn how to read them than YouTube?? This is only one of several videos on there that teach you how to reach stock charts the way that Crypto Kirby does………………

     

    #1462 Reply
    Lance Thompson
    302 Posts

    Yeah……..as of this afternoon, Monday, May 13th, 2019, while the Dow has tanked by a -600 points, Bitcoin has spiked by +882 points up to $7,860 so it appears that my original theory was incorrect. The Dow is tanking due to China hitting back with retaliatory tariffs of their own in response to the U.S.’s tariff hikes on this past Friday, May 10th. I thought that a U.S./China trade agreement would be the best thing that ever happened to cryptocurrencies but it appears that the U.S./China trade war is turning out to be the best thing that ever happened to cryptocurrencies.

    It looks like institutional investors are viewing cryptocurrencies as a “safehaven” for their money while the trade war escalates causing huge volatility in stocks. Hmmmmm……….never can figure the market out boy, that’s why many people don’t even try. All I know is right now is an excellent time to be in Bitcoin, and hopefully alt-coins (alternative coins…..digital currencies that are NOT Bitcoin in other words) will take a huge jump as well.

    Stay tuned.

    #1474 Reply
    Lance Thompson
    302 Posts

    The Consensus 2019 Blockchain Week NYC Conference that just took place last week in New York City……Exciting stuff guys…..It's easy to tell that the energy around these conferences turns "electric" when the price of Bitcoin jumps…….

    #1494 Reply
    Lance Thompson
    302 Posts

    Just fyi good people…..Cryptopia has gone bankrupt and is being liquidated by the New Zealand Court System in conjunction with the Court of the Southern District of New York (SDNY). On Cryptopia’s website it says that the liquidation is expected to take months. As of now I don’t know what to expect or whether or not to expect any of my digital tokens to be returned.

    Not even gonna lie, this sucks. Thankfully I bought the majority of the tokens I own on Binance which is still up & running…(knock on wood).

    We’ll see how this turns out.

    The lesson learned from all of this? I’ll never buy another cryptocurrency token on an overseas exchange ever again! From now on I stick with buying on U.S. exchanges only because those exchanges have to meet the standards, the capital requirements and the cybersecurity requirements of the U.S. government…..the toughest governing body on the planet to appease.

    #1499 Reply
    Lance Thompson
    302 Posts

    2019 World Series of Poker No Limit Hold 'Em Main Event begins next Wednesday, July 3rd, 2019. Look for it to be airing on ESPN!

    #1500 Reply
    Lance Thompson
    302 Posts

    Good people,

    For those who have seen the movie The Social Network which is the true story of how the Facebook website & company was created by Mark Zuckerburg you'll remember the twins Tyler & Cameron Winklevoss who allege that Facebook was originally their idea that was stolen by Zuckerburg. I say "allege" because although they sued Mr. Zuckerburg the case was eventually settled out of court with what is rumored to have been a payment of $65 million to the twins and their business partner and fellow Harvard classmate Divya Narenda. Well as it turns out the Winklevoss twins were 2 of the original investors in Bitcoin and in addition to that they have founded a cryptocurrency exchange called Gemini whose slogan is "The regulated cryptocurrency exchange". Apparently these guys got in Bitcoin back in around 2012 when it was between $8 & $9 and today that original investment is rumored to have made the 2 of them billionaires.

    Well,

    I don't know about anyone else but with the bankruptcy of Cryptopia I definitely plan to take a look at Gemini as a cryptocurrency exchange and see what all crypto they have available for purchase on there because with it being based here in the U.S. and advertised as "regulated" I feel a little more confident buying cryptocurrencies on their exchange. Enjoy the interview………………

     

    #1501 Reply
    Lance Thompson
    302 Posts

    Here's the Gemini website…………I’m also hearing very good things about this Robinhood cryptocurrency exchange as well.

    Landing

    #1503 Reply
    Lance Thompson
    302 Posts

    The Encore Boston Harbor under the Wynn casino brand that opened up this past Sunday, June 23rd is said to be one of the biggest casinos on the East Coast……located right down on the Harbor in downtown Boston. That's the trend y'all…….Casino owners in Vegas have figured out that the entire world isn't interested in having to move to the Nevada desert in order to make a living at gaming so the big brands like MGM, Caesar's and Wynn have decided to open up locations all across the country so that those who are interested in making a living at poker can do it in their local city.

    I look forward to seeing some of the big poker tournaments on tv air from the Encore Boston Harbor……………….

     

    https://www.boston.com/news/local-news/2019/06/21/encore-boston-harbor-casino-transportation-options

    #1507 Reply
    Lance Thompson
    302 Posts

    And Brothers & Sisters,

    I am thoroughly pleased to introduce you to the world of "poker staking" which according to this CNBC Inside Segment has some serious profit potential and could be another excellent avenue for raising money for investing in rental real estate. This segment came on CNBC back around May 20th, 2019 so it hasn't been out that long.

    After viewing the segment take a look at the websites for YouStake and for StakeKings where you can put your money down to back poker players who compete in poker tournaments. Enjoy the clip.

Viewing 15 posts - 31 through 45 (of 210 total)

Reply To: Ways to raise capital for real estate investing…..

Your information: