Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Bitcoin vs Gold
Bitcoin to zero.
I'm holding INTV, PYPL, SQ, TSLA, MSTR, CRSP, SHOP, NVDA.
Coulda woulda shoulda bought RIOT and MARA before they ran up
Heck INTV was a penny recently shoulda bought 150k worth.
Maybe just maybe
I like your charts and banter better then Harry.
As you know knowledge is good but timing, methods, readiness and execution of assumption and managing your risk is how we make profit.
Sorry for the delay, yesterday I opened and entered into bitcoin for the first time using the twin exchange called Gemini.
Today I'm have the best one day unrealized gains ever, ha! So lucky, yes luck is another good criteria.
Way to many dip buyers for it to go that low dont you think?
It is easier to use bond and ten year note futures or buying TLT ETF shares.
I'm buying LEAPS. TLT is near $150.
The 100 strike has a 97 delta so will move like a hundred shares in gains/losses but your controlling it for $5,000 with your risk identified. The 150 strike for the Jan 2023 cost $1,225 with a 50 DELTA.
Remember I used to buy options on bond and ten year note futures that are expiring 6 weeks and look for a credit with buying a straddle and selling a strangle because these correlate with one moving faster then the other.
I need to go so I can vomit
Harry Dent on Bitcoin
She sounds like my millennial daughter inlaw lifting her voice like that.
Chart looks like NIO.
They bought GOEV(Canoo) and SNDL edibles for 25 cents recently. Could be movers.
I think you will like this.
Same here, my parents ended up retiring buying in Summerlin and gambling at Suncoast mainly.
They took us to Vegas in 1962 before the strip I was 12.
My wife and I started going at least 4 times a year going to shows mainly, then got hooked to gambling sorta. We always hated the day we had to go back home so we moved and have only been once back to Cambria ha!
She is flying out today to visit the grandkids, hurry come and visit.
Heck anytime.
They(goverments) will fail trying to control Bitcoin, China and India tried.
Listen to Ross Stevens from Stoneridge explain.
Iwe could have hooked up!
We moved to Vegas 2018.
"Risk must be priced"
"Everyone has a plan till they get punched in the face"
Totally agree with you. I'll keep you in my thoughts and sorry you are going through this but want you to know I care.
thx, made me laugh out loud.
oh shit!
I'm poor now, why?
I'm old and in poor health.
IRA $2,700.oo to a billion? Soon? LoL
We have 4 boys they were friends with this guy in High School and after H.S., he became a coder and earned big money and received a 250k bonus he used to buy bitcoins when it was under $100.
So what did I learn?
That it is okey to risk money on a vehicle I do not understand. I learned to take a flyers on something that seemed sure to fail. I learn to not listen to truisms, like, invest only in something you use and understand. I learned that it's okay to break a rule here and there.
Proud of you for taking that chance.
Close long CALL and short PUT. Leave open short CALL and long PUT(synthetic short) Very risky but most reward especially if you buy another closer to the money PUT. To identify your risk you can close your short CALL now your risk is limited to the cost of the PUT(s) and your profit potential is unlimited to zero.
Peter on Bitcoin, "Ponzi scheme".
So if price shoots up big, short PUT is almost at cabinet long CALL has doubled or tripled and you think it has shot it's wat, you close the long CALL.
If your unwilling to leave the short strangle CALL now naked now ITM, you can buy to open another to protect you or close it and now only have the long PUT(s) add risk buy more PUT(s).
Vertical debit straddles with credit strangles with that forecast
You can always leg out of short strangles and eventually legging out of long CALL(s) as well to end up with long PUT(s) without risking your own money.
LEAPS Jan 2023 $250 strike PUT closed at$19,900.oo
200 closed at $15,700.oo
20 closed at $1,500.oo
10 strike@$470.oo
Long premium PUT trade requires price to move down WITH SPEED a lot of speed.
A mistake is buying this deep out of the money but if your proven correct it will make more percentage wise on premium at risk.
If for some reason this is not enough time, you will have to buy the 2025 when it losses most of it's time. Also buy more PUTS after this premium gets cut in half because price keeps moving up.
Eventually you will win.
When to sell.
Fake Twitter accounts
Is it a security or property?
Elon's Twitter (bio)pic is now BITCOIN.
TWEET was " it was inevitable"
Will they(goverments) succeed in outlawing crypto?
I do not have a premium account to must post.
They are trying to figure out how
I do not know if they will win.
Since this post up several hundred percent, hope you guys are doing good as well in your buying and selling.
Other bitcoin companies I been buying is SQ and PYPL. I'm going to sell PYPL because STRIKE will replace PYPL, Visa and other ways to pay with fiat currencies.
Only bought 120 shares and one CALL a LEAP 300 strike 2023 when MSTR was trading below $300. Also NIO 15 LEAPS $4 and $5 strikes now holding 3 $17 strikes sold 1200 shares holding 200 shares.
Long TSLA with LEAPS 450 strike and 20 shares when it was trading below 400.
But life sucks for me, I'll leave my grandkids these investments I'm building up to several thousand each.
Yesterday bought PSAC for $15.61, It's another EV.
Life for me has its ups and downs.
Ups are my bitcoin buying, synthetically, Tesla, LMND and NIO buying, had I gone all in last March with nearby options I’d be up millions.
November 2020 in Bali.
Orange man bad - he's a racist - paid 750k in taxes - orange man is a nazi
I hope you are right regarding more down days coming.
Re: Biden .... Russian got him to win by interfering with our voting methods.
NOTMYPRESIDENT
# RESIST
boohoo I'm crying trump lost bwhaaaaaaAAAAAAAAAAA
Started buying TSLA calls when price was below$50 and NIO calls, all leaps, when price was below $8 again below $4 and added martingale below $3. They almost went worthless then months later BOOM! 10x them.
QLD those leaps were bought below $25, again last March below $30 expiring December 2022.
Up 70% in my gambling account YTD with 70% in cash, and up 40% in IRA with 85% in cash.
This has equaled my 2000 results.
Hopian your right on this forecast, I’m holding a lot of cash still.
Used 30% on QLD calls NIO calls TSLA calls hedged a little after taking some profits on NIO, still have 2023 leaps on NIO, letting it ride till October 2022.
Bought QID shares just in case your forecast comes to fruition.
Was going to double up Friday but removed orders, too much of a gamble.