Love99 : To cut or not to cut.
离火盛世 OP Love99 : i would hold, too big of aportion to cut tho
离火盛世 OP 离火盛世 OP : but it is an amount i ok to lose, and I believe in cryptocurrency trading. as long as crypto never dies, people always trade 24/7.
Love99 离火盛世 OP : It's the same.. just ignore it and it won't be bothersome.
离火盛世 OP Love99 : so you also holding long term? just dont look at it for a while
离火盛世 : what is your avg cost?
Michelle lii
OP
离火盛世
:
1000
离火盛世 Michelle lii OP : nope, average price of conl of your entry
离火盛世 : ohh really
离火盛世 : if u can predict the stock price, are u alrdy a billionaire?
101638397 离火盛世 : because got resistance at there, the liquidity will come and push the stock price. But cant predict it just a pullback or bullish for me
The Only Way is Up OP 离火盛世 : because u dont know how to read graph right ?
10baggerbamm
:
I think you're playing with fire shorting it I would tell you to buy a put the only problem is there's so much cost to buying a put right now because this is dropped precipitously that you'll probably lose even if it gets there because the volatility premium and time value will decay so even if it gets there you'll be lucky to get your money back.
I think you would do better buying a put on the common stock than on this ETF just because of what I mentioned about the premium cost
would not short it because this can move $10 in 2 days it was just $12 higher Thursday last week.
Bitcoin reverses and it trades in its own universe it could put on $5,000 in 2 days this is going to be up 7-8 points minimum probably more probably 10 12 points
if the report that Trump commissioned to look into having Bitcoin become part of the US strategic reserve or similar comes back and he has a nationwide address to everybody in the oval office and he says I read the report I think it's an outstanding job they did and it only makes financial sense for the United States to embrace Bitcoin at this time and for the future
at any point in time when that comes out and it will happen if you're short you've just dug your own grave
with regard to your price 23 I posted the other day if it falls 22-23 I'm back in my truck up buying everything I can because this is the equivalent of ICE, and it's early days. I don't mean ice as in the immigration service.
离火盛世
:
sir my cost at 37.5. how
离火盛世 : i thought 37.5 is a good deal knowing 33 is the bottom and news pushes up, so 33 would be an old valuation.
10baggerbamm
OP
离火盛世
:
it's a really really lousy day that's the only way you can say it I think a lot of the attacking that's done is politically aligned against Trump and Elon Musk I think this is coordinated by Europe I think this is coordinated by the deep state that has stolen a trillion dollars if not more and I think they're attacking the marketplace they discredited Donald Trump for four years and when he ran for the election it's everything they could throw at him yet he won Elon Musk you see what's happening to Tesla stock the naked shorting is through the fucking roof it is an outright assault in Europe against Tesla products if you're driving a Tesla car you will come under attack and they had a 47% decline that's falling off a cliff for the month of January on Tesla sales California down 12% Germany down over 70 Spain 72% decline.
so I don't believe today sell off his Walmart with these idiots on TV or saying well Walmart you know why Walmart had problems Walmart had problems because of the strong dollar that's why Walmart had fucking problems because people still have to buy shit every week in stores and the reality is Walmart even though people put it at the high pedestal it's Walmart it's the bottom of skid row before you buy your TV dinners at the Dollar general store.
it's the dollar got strong and they buy all their shit from China so the cost on the conversion side is where they lost money they're not losing customers where they going to fucking go think about that people where are you going to go if you shop at Walmart I mean have you looked at some of the people that go there these people are not going to be on the cover of Vogue magazine they're not going to be on the cover of cosmopolitan magazine I swear their family tree looks like a 2x4 going from the floor to the ceiling
so I don't believe for a second Walmart is what caused this problem and I don't buy it's the unknown about tariffs or the fact that we're not getting any more rate cuts I think this is an attack against the market buy hedge funds and naked shorting and if you don't know the extent of naked shorting I've said this probably 40 times plus go to scc.gov do a Google search and type in naked shorting you want to read this when you want to stay awake because the extent of the naked shorting and the poster child is GameStop by the way.. but the extent of the naked shorting makes the theft under the Biden administration with all these existential threats to the country to the world to civilization all that bullshit seem like nothing you've got trillions and trillions of dollars it will collapse the entire banking system the entire stock market the financial systems around the world if the public knew what is going on you would never put a dime in the stock market it's the biggest fraud it's a biggest criminal cabal bigger than Biden bigger than the deep state so if you want to scare the shit out of yourself and you want to stay awake all night long like the worst horror movie except this is true go look up naked shorting sec.gov
I am way the fuck off coinbase... the news that came out today the CEO was on this is a landmark day for crypto for Bitcoin for coinbase it will come back it may take a month 3 months but it will come back.
I came real close at the end of the day buying and I bit my tongue because I bought two small positions earlier this week they went against me and sometimes no matter how good things look you just walk away take a pause reset and go have a drink in my case catch a flight to The Hamptons..
so I'm waiting for my ride to pick me up I'm answering questions and then I'm going to go gamble with some rich freaking guys that are worth 20 million 50 plus million and I'm the little shit at the bottom of the stick.. we talk stocks these are the guys that I went in for the trading program with and split costs... a big position for me is 10,000 shares so $300,000 at one time is a big position these guys you can put a zero behind that...
when we play cards and I told the story earlier we're playing Texas hold'em and they bring stacks and stacks of $10,000 banded together .. I feel so much in the wrong League like and I got $5,000 that I brought in cash I've seen these guys do that on one hand on a coin flip for shits and giggles.
like I said I'm a little guy I'm going to drink a lot of expensive wine cuz this guy's got like a 4-5 million wine cellar in the Hamptons and his underground exclusive invite only seller.. so hopefully I don't lose but I'm going to drink a shit ton of expensive wine tonight.. lmao
everybody have a great weekend
.
离火盛世 10baggerbamm OP : would you hold when it goes back to your cost? or would you choose to exit at breakeven
10baggerbamm OP 离火盛世 : I'm sitting down playing cards with my buddies right now you don't invest the break even with coin base this company has a bright bright future so if you don't have a crazy amount of vested and you can hold for two quarters being the real number you're going to be very very happy have a great night I got to go take care
10baggerbamm : it's not manipulation do you not understand what just transpired a half hour ago or 45 minutes ago you need to take a step back and read what happened listen to the CEO of coinbase because when you make a statement manipulation I don't think you should invest your own money I think you should just give it to somebody else put it with vanguard with their S&P 500 fund this is real buying of stock this is enormous demand in Bitcoin in crypto in coinbase because of Hallmark actions of the securities exchange commission dropping all cases all charges against coinbase...
104238715 10baggerbamm : its positive statement right?
离火盛世 : so should we enter now
10baggerbamm
OP
离火盛世
:
you know when something moves $3 to say enter now I'm not going to do that because you've got four and a half dollars profit between yesterday's lows and the current price and The leverage ETF right now
this is a dynamic shift for the industry
that's what you need to look at coinbase spent $55 some odd million dollars defending their actions during the Biden administration because the United States had a shit bag head of the SEC I'm not even going to reference his name at this point it's history and he did everything to impede crypto Bitcoin coinbase everything and anything he was a roadblock along the way.
president Trump campaign is being Bitcoin friendly.
he's mentioned this past week for the first time since he's been in office the word Bitcoin normally he's the word crypto and I posted a little video segment and one of my earlier comments but you can find him online YouTube and x and Facebook where he was talking at FII about the future of Bitcoin
the fact that the head of the SEC has dropped charges this was not a settlement this was we're tearing up the paperwork it's over you don't need to change anything you're doing in your business practices we're done chasing you this represents a changing of the guard this affirms 100% that President Trump is for Bitcoin crypto he wants to make the United States the crypto capital of the world but there is a process that needs to be done. this process also involves researching Bitcoin as a strategic reserve so that's being done now who knows when it will be completed next month next week I don't know but whatever it is I can assure you the results are going to be very favorable for Bitcoin and the United States and anybody that owns Bitcoin why well we just had the SEC drop charges against coinbase.
so if you don't have a position in Bitcoin buy it on weakness if you don't have a wallet and you want to buy it through an exchange buy one of the many ETFs that hold Bitcoin they're all the same they're within one 100th of a percent with regard to the fee structure it's pick your favorite brand it doesn't matter if Bitcoin goes to 105 110-150 it doesn't make a damn bit of difference which ETF you are in you're going to make money.
coinbase is the exchange to own long-term this stock it's going to be 360 bucks it's going much higher The leverage ETF if you can take the volatility is the way to go but you've got to be willing to suck up the down days to get to the good days..
this is a huge huge day in history what just happened today I mean this is as important as president Trump being elected I can't stress that enough
Shroomie : yea and all the major crypto stocks are getting hammered by shorts. cleanspark was just shorted another 500k since premarket open
Shroomie :
10baggerbamm OP Shroomie : you just saw what happened with the SEC dropping all charges and cases against coinbase???
The Only Way is Up : holy …..
10baggerbamm OP The Only Way is Up : Bitcoin just spiked like 500 bucks at the same exact time that coinbase went parabolic so something happened I don't see any scrolling headlines I don't see any comments from the president I don't see anything yet but something happened
10baggerbamm : it just went parabolic a second ago straight up
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离火盛世 : i holding at 37.5 so painful
离火盛世 : so regretful to buy after sec settlement news
离火盛世 : i am a clown
10baggerbamm OP 离火盛世 : I'm very shocked that was the best news that has come out on crypto in so long and the entire Market has been obliterated
73237918 10baggerbamm OP : exactly 🥹
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