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15 May 2022, 02:20 AM | #61 |
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To the sky, I agree, but we have still have a lot of room to go down in the coming months. Maybe I'm wrong but I would wait a little longer.
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15 May 2022, 02:42 AM | #62 | |
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Quote:
Actually some crypto dropped way more than that, just look at Luna... Dropping 25, 50% is a lot for 2 days of market. People who are on leverage literally can lose all their money. Tho prices have risen back a bit, they are nowhere near the prices they were a few days ago yet. I’m just saying, don’t tell people to “invest” into risk assets when you said yourself, it’s insanely volatile and that “markets are crumbling” Crypto is not investing imo, it’s gambling. You may be a perma-bull but if even you say it’s dangerous out there, you shouldn’t be telling people to buy such risky assets. Watches, at least you can wear and rarely are on leverage. |
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15 May 2022, 05:40 AM | #63 |
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> you shouldn’t be telling people to buy such risky assets. Watches, at least you can wear
yes carrying a luxury watch is a joy for which i am willing to pay solid money. but i am not under any illusion that this is a rational thing to do (why not a casio or Swatch...). In sharp contrast, crypto is not useless at all. if you know what you are doing, you can use it for passive money earning, yield farming, or you can use it as a building block to fund some novel defi business ideas and more.. so, while VERY VERY risky (fully agree with you there), crypto is actually the more utilitarian investment than watches and while the comparisons to Nasdaq 1999 bubble are fully justified, look where those who survived 1999, Amazon & co, are today...
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RLX: 116520 White, 116520 Black, 116710BLNR, 126710BLRO, 116400, 126610LN, 114060 | AP: 15300ST | PP: 5711/1A-011, 5146G-010 |
15 May 2022, 06:00 AM | #64 |
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I just want my first AP from AD … why on earth are people worried what it’s worth or what it will be worth? Crazy . Buy what you like . Simple
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15 May 2022, 06:55 AM | #65 |
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well you yourself seem to worry about what it is and will be worth.. because if those considerations would not matter to you, you'd buy on grey market instead of waiting an undefined amount of time. So, instead of calling other's "crazy" a bit of introspection could be in order..
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RLX: 116520 White, 116520 Black, 116710BLNR, 126710BLRO, 116400, 126610LN, 114060 | AP: 15300ST | PP: 5711/1A-011, 5146G-010 |
15 May 2022, 07:49 AM | #66 |
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Read what I’m saying before you come out with stupid comment. I want to buy from AD for the experience. Price don’t worry me I could buy the one I’m after tomorrow if I wanted but the whole purchase would be lifeless
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15 May 2022, 08:16 AM | #67 | |
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I agree though to an extent crypto is to some degree gambling. For instance buying Shiba Inu. It went up 90 million percent at one point. Who knows if it'll do it again. It already spiked twice. Maybe it'll happen a third time. But I do not agree Bitcoin or Ethereum are gambling. The world all over is adopting these 2 more and more. The technology behind them is being adopted. Exchanges are being created. They aren't going any where any time soon. |
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15 May 2022, 08:43 AM | #68 |
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I don’t know about crypto but I think like this….
From September we can go to AP or PP or Rolex and we can get all pieces we want?…. I am almost sure that this scenario it’s science fiction in the next future because all this brand adopted some policy who don’t let this happen….. On other hand yes Ukraina war and China lock down hit the market…. On the beginning of pandemic I see same situation and to receive a watch from AP or PP or Rolex war more easy…..and after this price are on the sky….. I believe that till supply don’t cover demands price will be up and down but will be far from MRSP…. |
19 May 2022, 08:05 AM | #69 |
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19 May 2022, 08:12 AM | #70 | |
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24 July 2022, 03:25 AM | #71 |
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28 July 2022, 10:18 AM | #72 |
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Interesting
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28 July 2022, 03:00 PM | #73 | |
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Quote:
That’s me. 5712 at retail i can handle, at 120k or whatever they trade for right now, no way. I welcome the days of watches being worth what you paid for them, not 3-4x in some cases. Sent from my iPhone using Tapatalk |
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1 August 2022, 03:25 AM | #74 |
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Agree.
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3 August 2022, 10:00 AM | #75 |
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3 August 2022, 10:00 AM | #76 |
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So nice to see comments about china opening and yet it has opened and the prices are still dropping
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7 August 2022, 05:02 PM | #77 |
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China is opening, but hasn't fully opened yet. The restricitions are coming and going.
However, I do not think this will make the prices bounce up again. The travel, passport and visa restrictions seems to have shifted the focus on the wealthier chinese to try to get out of there instead. |
8 August 2022, 02:20 PM | #78 |
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Real Name: victor
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all this talk about china reopening and rolex prices being on the verge of bouncing back.
i'll be the contrarian. i don't think anyone anywhere is feeling as wealthy as they did 6 months ago. in china, there are few places to invest money. that's why individuals and families buy multiples of new apartments. we all know where the real estate market in china is heading. do you think people in china will be buying rolex's as the value of their real estate plunges? just my $.02 |
6 October 2022, 02:12 AM | #79 |
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6 October 2022, 03:45 AM | #80 |
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I've had a few people smarter than I who have made this same comment to me. After Nov elections to expect a huge downfall. and stuff is being propped up as well as they can until then.
We'll see, but if this week runs up some more I might close all my positions and sit tight until 2023. I feel like I want to have way more cash on hand for scoop ups than I do now. Whether thats watches or stocks, either one. |
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