GraniteShares 2x Long COIN Daily ETF Stock Discussion

• 10baggerbamm : 100% agree with you. coinbase is a stock exchange it's a stock exchange for trading crypto.. there's a 100% correlation and historic proof that when the stock market is weak the revenue generated by the large brokerage firms is down and their stocks go down and when the stock market is strong margin loans increase transaction volume skyrockets and their profits go up and the stocks go up. so coinbase being the premier venue for crypto clearly is going to benefit from a rising Bitcoin rising ethereum and more activity trading with the other tokens. president Trump embraces Bitcoin keep your fingers crossed when he wins and he adopts a reserve a strategic reserve just like gold just like oil for the United States you will watch other nations around the world do the same thing and there's a finite amount of Bitcoin and it will create the rally that people will look at and study throughout history for a generation. and everybody will be buying Bitcoin and every other token and coinbase profits will skyrocket

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• itsgoodinmysoul : Hinges on the assumption Btc will make ath, what gives you confidence that this is the likely outcome?

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• 10baggerbamm OP itsgoodinmysoul : it doesn't need to bust an all-time high it just needs to be a buzzword again that people are talking about where people are buying the dips and the number one seller is the Biden Harris administration of Bitcoin. why should I vote for I talked about this for the past several months that they have been net sellers of the seized 13 and 1/2 billion dollars of Bitcoin. you do I guess the mindset and then finally an article came out and validated what I was saying is true. so now it comes down to what do they have left well I can guarantee you this if it's 2 billion or 3 billion that's about it and they will have zero the day of the election. I had never seen and I expect this weekend that you're going to see another 1100 share Bitcoin sale or a thousand not share but token cell to try to break the momentum. once they are done selling there's no big sellers left there's none. and that and of itself even if God forbid The laughing Hyena wins . Bitcoin will trade higher because they have nothing to throw on top of the momentum to try to prevent it from rallying.

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• 10baggerbamm OP itsgoodinmysoul : pt 2
  I believe at that point regardless of who wins it will trade higher and because of this the transactional volume on coinbase is going to increase for all tokens and their profits go up because these things trade with enormous spreads and they're capturing huge amounts of money. there's a lot of fees to be made and again it's just like an investment brokerage firm when the volume increases their profits go up when the stock market goes down brokerage firms make less money because people took losses retail took serious losses and they don't have the ability to transact they have to wait till their positions break Even again or they save up enough money to go back to the casino and start gambling again in the stock market. this is 100% linear and I can guarantee you and assure you that coinbase will trade significantly higher going forward post-election because Bitcoin will trade higher the confidence will pick up again and the transactional volume around the world for tokens will begin to accelerate.  this is the equivalent of the Goldman Sachs coinbase this is the equivalent of BlackRock coinbase. it's my opinion I'm buying on any weakness and building a big ass position.
  if you're going to buy the leverage ETF you need to be able to sleep at night because this could be right back down to $18 tomorrow and if you can't take that risk do one of two things just buy coinbase common number one number two don't take as large of a position in this ETF rather take trading profits from other securities and buy into it with the houses chips if you will and that way time is on your side and you're not going to panic when it drops 10 15% in a day or two

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• 10baggerbamm OP : look at it go!!!! and you will see new highs out of this sometime in the next couple of quarters

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• intellectual Sheep_2 : from 74k until 56k already still asking people to buy.

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• 10baggerbamm OP intellectual Sheep_2 : maybe you don't know how to read. when you position yourself for a trade you need to have everything in advance in anticipation depending upon who will win and if you don't plan in advance to succeed you plan to fail. and I will guarin fucking tee you that if Trump wins wherever the stock is it will be up 30 to 40% minimum within 2 months.. so if it drifts in $19.80 and Trump is elected president put a 27-  $28 price tag on it.. and that's minimum because the reality is there'll be so much Rush towards Bitcoin that this will probably be in the 40s again.

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• Fomo Mofo 10baggerbamm OP : I see a lot of talking... man you must be losing money everyday to be writing a novel here on every stock

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• 10baggerbamm OP Fomo Mofo : hey fuck whad i don't own it I'm giving people ideas on how to position yourself. but you see when you're a small minded person such as you are that doesn't understand that it's easy for you to misinterpret what I'm saying.

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• intellectual Sheep_2 : You can write a thesis here but won't change the fact that it's going to zero. Enjoy your losses

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