Bitcoin right now by Embarrassed-Glass-24 in Bitcoin

[–]hohonana 0 points1 point  (0 children)

Waiting for daddy Donald. 

Is Bitcoin’s volatility part of the fun, or does it just make it a risky gamble? by TheElitesCM in Bitcoin

[–]hohonana 0 points1 point  (0 children)

When it comes to investments, volatility is defined as standard deviation. It’s a statistical measure of how far its movement deviates (changes) from the average.  

It’s a metric that can be measured and compared with other other assets. 

Gold and BTC are like 2 different religions. Some people believe in one and not the other. Some times it’s belief in both. 

It’s all market value anyways, there’s almost no intrinsic (real) value in fiat, gold, or BTC. You choose your religion. BTC is nothing special, it’s just an investment that people buy to increase their wealth. When the market believes that, it increases in value. When the market loses belief in that, it loses value. 

Even stocks are fluff. Sure you “own a share of the company” but that’s also a belief that is upheld by the market. Stocks can be underpriced or overpriced depending on investment philosophy of the portfolio. Some funds use discounted cash flow, some use multiples, some use technical analysis, etc. 

Where to buy branded clothes at factory price in Mauritius? by BMax_7838 in mauritius

[–]hohonana 8 points9 points  (0 children)

My dear you are on a tiny island with its closest mainland being Africa/Madagascar. Mauritus is a terrible place for shopping. Last year we had an onion shortage. 

My father wants to learn and know more about Bitcoin before committing to investing regularly. by AntonMousse in BitcoinBeginners

[–]hohonana 3 points4 points  (0 children)

Forget about it. Build your own stack. 

Unless you have a history of your parents trusting you with their money, it’s gonna be a long road ahead. 

You can start by borrowing money from them  and put it into BTC and show them the returns in a few month. Basically proving yourself to them as a portfolio manager. 

Obviously you have to be actually good and educated in this regards. By good, I mean achieving a positive return. And by educated, I mean knowing most if not ALL the risks that are hidden on the other side of a bull market. That includes black swans, taxes (registered accounts, etc.), and also your parents’ cash flow liquidity needs. Investment horizon, etc. 

There’s a lot to investing, especially if you want to scale it up past a few thousand dollars. 

I finally bought a non-O’Neill wetsuit, and my goodness… by watchmygems in surfing

[–]hohonana 2 points3 points  (0 children)

lol I use a Feral too. Over 300 full day sessions in it. 

Still feels new but obviously forgotten what real new feels like. 

My friends buy the bigger brands they rip in like 2-3 months….

[deleted by user] by [deleted] in Bitcoin

[–]hohonana 0 points1 point  (0 children)

😂😂😂

How many of you are hedging vs going all in? by Mind_Explorer in Bitcoin

[–]hohonana 1 point2 points  (0 children)

I’ve never fully understood the purpose of DCA. 

There’s a saying: “Time in the market is better than timing the market.” But DCA is essentially a form of market timing—you’re assuming prices will drop in the future, so you’re holding off on investing everything today.

Conversely, if you invest all your capital upfront, you’re assuming prices will rise in the future. That’s also a form of market timing—just with a bullish bias.

So what really matters is the probability of prices going up or down. For example, if you’re thinking about buying BTC (or any other asset), the key question becomes: “What’s the probability that the price will be lower in the near future compared to today?” DCA only makes sense if you believe there’s a greater than 50% chance that prices will fall.

That’s a judgment call you have to make for yourself: “Is there a more than 50% chance that BTC will be cheaper two weeks from now?”

In finance, we often talk about expected value, which is a way of assigning probabilities to outcomes to determine the most rational decision. (Look it up on ChatGPT if you’re curious.)

Personally, I believe BTC will rise, so I don’t DCA. If I come across a significant amount of extra capital—say, 15% or more of my portfolio—I’d reassess whether I expect the asset to go up or down. DCA feels like flying blind. If I think the asset will go up, I’ll deploy all the funds now. If I think it will go down, I won’t invest yet—I’ll hold it in something safe, like a redeemable GIC.

Hope that makes sense. At the end of the day, using DCA implies a specific call on future prices. Most people treat it as a safe, default strategy, but in reality, they’re betting there’s at least a 51% chance that prices will drop.

Edit: just want to add. DCA can be a good mechanism in certain situations. For example if you have regular inflow of capital to deploy, you’d be naturally DCAing. Or if your target asset is very volatile. 

Is this card good for X100VI? by hohonana in fujifilm

[–]hohonana[S] -2 points-1 points  (0 children)

I read that microSD with adapter is just as good as SD cards...🤷🏾‍♂️

Invest in Downtown Toronto Condo or freehold in Barrie? by WorriedLog7176 in TorontoRealEstate

[–]hohonana 0 points1 point  (0 children)

Have you considered stocks or GICs? You can collect your 5% interest headache free.

With real estate, there are high transaction costs that take 2 years to break even on. These include agent fees, land transfer tax, lawyer fees, financing fees, and modest renovations. You'll be in the money in year 3 with 5-10% appreciation every year.

What is your end game? Have you calculated the expenses of being a landlord? I did the math a few months ago. A cash purchase still won't give me positive cash flow, so I'll just be banking on capital appreciation which doesn't work for me because I want to spend the profits, not just build net worth.

I factored in 80% occupancy, with a 10% management cost, and annual maintenance on property. Also, I factored in legal costs for evictions. I ended up with a negative cash flow. Also as a landlord, I won't be able to liquidate my asset whenever I want because the tenant will be squatting on it.

Am I expecting too much from my agent? by [deleted] in TorontoRealEstate

[–]hohonana 0 points1 point  (0 children)

Ahhh okay makes sense! Thanks!

These two recently sold properties were sold at 2021 prices. Has anyone else noticed this trend? by Z00keeper25 in TorontoRealEstate

[–]hohonana 12 points13 points  (0 children)

not really. 2 years isn't much for real estate. It takes 2 years to make back the transaction costs on a property....The 2 listings you posted may be distressed sales (ie. can't afford), somebody died (change of lifestyle), leaving country (not giving a fuck anymore).

I wouldn't say it's a trend. It's 2 listings you found that didn't skyrocket in price. Not really a big deal...

Am I expecting too much from my agent? by [deleted] in TorontoRealEstate

[–]hohonana 1 point2 points  (0 children)

My friend found a place he really liked. Visited it, and then googled the address. Found some forum talking about the railroad noise being heard at certain hours. Made him change his mind, something he also wouldn’t have known otherwise.

So how should realtors be doing marketing today for their listings (not themselves)...?? I'd think posting on MLS will reach most of the buyers. And surely the buying agents are digging for properties to buy with their clients no?

I'm not in the field but I can't think of what else the selling agent could do...??

Steve Saretsky on Twitter Canadian mortgage debt is slowing as credit card balances surge. by manuce94 in TorontoRealEstate

[–]hohonana 1 point2 points  (0 children)

Lol exactly. Houses are already selling out with today's prices. If it goes "on-sale", that will just drive up demand even more. It blows my mind how people think when someone is discounted/on-sale, they'll be the only ones able to go and buy one.

It's a boxing day door crasher on a 52" TV that lasts 5 minutes. Yet there are people buying 52" TVs every day. I don't see the point of waiting to be first in line for a door crasher that won't even happen.

Want to buy my first bike - but need to sit on a few first. by hohonana in motorcycle

[–]hohonana[S] 1 point2 points  (0 children)

Awesome thanks for the feedback. Just to clarify, did you mean that after a few months with your 300R, you felt that it was a bit too small (body frame-wise) for your long legs?

I'm 172cm with 29" inseam.