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KULiquidGold

01/15/23 8:51 PM

#61927 RE: EliSmith #61902

1 $INTV long trade 5,833% vs short 98%, LOL

Scenario example below is using the $INTV highest price on Feb 2, 2021 of $.89 and the recent lowest on Dec 29, 2022 of $.015 You could go back before the 2021 parabolic run on the long buy side for an even lower price that would just raise the 5,833% even higher and only a potential miniscule more profit for the shorts. Don’t trust my calculations, run them for yourself.



With your narrative below, sounds like you are implying your trading style is exclusively shorting,..

Warren Buffet’s take on short selling. Unlike on the long side, where can make many times your initial investment, when you short stocks, you can only make 100%, but you can lose an infinite amount.
https://finance.yahoo.com/news/why-warren-buffett-struggles-short-164446820.html

Your making global assumptions and/ baseless opinions without data that the longs here bought $INTV at the top when $BTC #Bitcoin was at around $70K! Most of the $INTV posters sentiment indicated they were accumulating in 2020 possibly earlier and buying INTV at bargain basement prices at the bottom before and leading up to the parabolic run in 2021. You are also making assumptions / baseless opinions without any data that longs did not sell $INTV on the parabolic ride to the top. And totally discounting longs entering again at the recent lows based on the $Bitcoin cyclic window timing. Typical of short traders throwing Nerf darts wearing a blindfold. How is it that a staunch chart guy that relies on factual data makes so many assumptions!

IMO, seasoned Longs invest smarter, not harder! Seasoned Longs here can park their investment, accumulate and wait for the next bull run and / or a combination of day / swing trades. Plus, they can trade hundreds of other tickers, tokens or whatever.

Keep up the hard work with shorting based on the narrative and that has a governor not to exceed 100% on a single transaction. That style translates to you having to execute a tremendous number of short "legal" transactions to even come close to ONE parabolic long run! A long position doesn't even have to be parabolic (just over 100%) to do better than a short position.

It is so much easier to make money shorting than being long in any market.


My interpretation in your notes below indicate your investment strategy in $INTV is exclusively short with $INTV?

And yet bitcoin drops from 70k to 17k and all the cannon fodder sheep were wiped out. They won't be back. Wall St got rich on that drop. This is always the way, it has worked for the pro's forever. It wil happen again and then once more. It is so much easier to make money shorting than being long in any market. Who do you think got rich shorting INTV? As long as guys listen only to what they want to hear instead of the truth, guys like me will get richer and richer. Human nature does not change. Thank you human nature and thank you INTV longs. Once more, it's not about bitcoin, it's only about the money.