Recent content by Rangoth

  1. Rangoth

    Investing General Discussion

    I actually put nearly 100% of my day to day stuff on a CC, because of the point systems we all talk about. id be foolish not to. I also save a random 1-3% on stuff because of CC programs that randomly pop up. 2% cash back at circle K, 10 back at wine-insiders….etc
  2. Rangoth

    Investing General Discussion

    Legally it is....right? Property of MSTR/Strategy? You have zero right to the bitcoin when buying shares I think. So like any corporation, they can spend their purse at their discretion and unless its bad enough to constitute fraud or shareholder civil suit.....no takeses-backsies.
  3. Rangoth

    Investing General Discussion

    lol, when you have 650k+ BTC you dont want to fly with the plebs
  4. Rangoth

    Investing General Discussion

    Anytime I want to enter a decent size position I sell puts or do a trailing buy. Mostly for 2 reasons, 1.) im not good at picking the entry point. I try to look for support levels and such but I’m either off by too much and miss the buy or too early and miss respectable downside and 2.) if I...
  5. Rangoth

    Bitcoins/Litecoins/Virtual Currencies

    While I do believe quantum computing in our lifetime is bullshit, it’s possible I’m wrong with the pace things are advancing. quantum computing isn’t some special type of new computing, it’s just a fundamental difference in the transfer of information and bits. It would allow for trillions...
  6. Rangoth

    Investing General Discussion

    For what it’s worth his inverse ETF(not his but the one created to his namesake) actually performs like shit for as funny as it is. im sure one issue with reverse Cramer is that timing matters a bit more than the general “this company will go places” statement where time is *almost* always on...
  7. Rangoth

    Investing General Discussion

    I finally exited 3 different sets of puts, and while I still think it will crawl down to ~=150$ I don't have the conviction to play it with my cash. I bought 3 different sets of puts, each making more than 20% in a matter of about 2 weeks. If I had just held the original(until today), I would...
  8. Rangoth

    Bitcoins/Litecoins/Virtual Currencies

    Why do you say manipulated?
  9. Rangoth

    Investing General Discussion

    Fair and it’s clearly disconnected at this point. So if you believe in BTC it would seem you are better off buying it or a standard conduit over MSTR. I just have no idea what this dude long game is
  10. Rangoth

    Investing General Discussion

    Depending on your definition of long I think it will be fine. It’s basically BTC. I know the charts have desynced because of all the shit he pulls, it long term it’s still BTC. I have absolutely no idea what his play is, but I’d wager in 5-10 years it will above the recent 52w high by a mile...
  11. Rangoth

    Bitcoins/Litecoins/Virtual Currencies

    lol, Godspeed on that 10$ fill, holy shit if you get that.
  12. Rangoth

    Investing General Discussion

    I’m interested so please keep us updated. I assume the rough plan is to find the bottom of an extended downtrend and get back in with a larger position? I kind of use the “wheel” strategy on my SPY position in my long term account. But it’s basically super low risk, low delta, never take a loss...
  13. Rangoth

    Bitcoins/Litecoins/Virtual Currencies

    damn! I just bought more puts on MSTR when it was up today(and once again already made money lol). This thing is on a death spiral. while the inverse Cramer thing is hilarious and I’m all about it, the ETF matching it is preforming terribly. I’ll admit I didn’t read the prospectus or know how...
  14. Rangoth

    Investing General Discussion

    The puts I had were 500$ a piece…I sold for about 625…..now they are worth over 2k a piece. Utter fail for not having more conviction
  15. Rangoth

    Investing General Discussion

    So while I'll never complain about my 20%+ in a day. if I had not been a paper hands bitch my MSTR puts would be worth almost 3x what I bought them at. This is my weakest aspect of trading(not investing)....when I am up I am so nervous about turning a solid win into a breakeven that I jump ship...