GraniteShares 2x Long COIN Daily ETF Stock Discussion

LittleSoldier : Why the drop in Crypto?

10baggerbamm OP LittleSoldier : because it tasks David Sacks by heading up a group to evaluate the possibility of a digital asset stockpile

LittleSoldier 10baggerbamm OP : correct me if im wrong but wouldn’t a stock pile have to be purchased at some level?

Ginvest : bought at 43 this morning, LMT to sell at 49.5

10baggerbamm OP Ginvest : awesome... I should give you some of my money so you could trade it

Ginvest : thx for the comment. i read your  post dailt to fetch ideas. your are better trader than anyone on moomoo comment

104916373 : Should I hold it until next Tuesday? Should I sell it now? Only making 2 points.

10baggerbamm OP 104916373 : you've got to decide for yourself... there's a lot of talk going around right now on TV for what the preliminary stance Trump will take on crypto it does not say a strategic reserve in the preliminary rumor Mill that's going around and it was just set on the news that there's early reports that he is going to mention and they rattled off several things it doesn't say strategic reserve

10baggerbamm : seriously,pump and dump with this do you not understand it's a leveraged ETF that trades against coinbase common stock. coinbase common stock is being pegged right now to bitcoin you don't get what you're doing so you shouldn't be playing with the big boys because you don't obviously understand what you're involved with

Too Tall 10baggerbamm :

10baggerbamm : it's not a CEO do you not understand this is a leveraged ETF? coinbase (conl) went from $18 to $72 post election on pure momentum.
the balloon has deflated and this is coming down that's what happens in a leveraged ETF.
so now you need to make a decision do you believe Bitcoin will be significantly higher this year or not that's it it's a yes or no question and if you believe that President Trump and Congress and the head of the SEC are Bitcoin friendly and president Trump is going to do something his words with crypto because he wants the US to be first well that means you need to reach down and see if he got anything between your legs if you're a guy and you need to step up and you need to buy before he makes an announcement because January 20th at any point in time thereafter president Trump is going to say something and if he adopts any type of pro crypto Bitcoin strategy for reserve anything like that you will see a cascading of events for other countries to follow very quickly they will ramp up and when that happens this ETF is going to be in rally mode again which is why you need to nibble at it before that happens

72993459 : it's crypto before you know it'll be 200% tomorrow welcome to the crypto world