Recent content by Rangoth

  1. Rangoth

    Bitcoins/Litecoins/Virtual Currencies

    Why do you say manipulated?
  2. 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
  3. 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...
  4. Rangoth

    Bitcoins/Litecoins/Virtual Currencies

    lol, Godspeed on that 10$ fill, holy shit if you get that.
  5. 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...
  6. 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...
  7. 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
  8. 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...
  9. Rangoth

    Investing General Discussion

    I always welcome being told I’m wrong with facts, but my current knowledge says this is literally not true. The advantages with 401k, as I understand them are 2. You dont pay taxes on what you put in each year and the potential company match is “free money” and you don’t pay taxes until you...
  10. Rangoth

    Investing General Discussion

    If you are just trying to long term(1 year + or 10-15 retirement type thing). There is not a *huge* disadvantage to a normal brokerage account. You'll only pay long term capital gains when you sell so if you just bought SPY with whatever extra income you had each year there is really not any...
  11. Rangoth

    Bitcoins/Litecoins/Virtual Currencies

    Maybe. It’s not that it’s revolutionary but SoFi came at people as a bank first. So if they make getting bitcoin seem simple it will open the door to more folks and if other banks follow it will be massive. I’m thinking of it like those programs of “round to nearest dollar into your savings” or...
  12. Rangoth

    Investing General Discussion

    I started to take that bear MSTR position today. Starting at 5k as I wait for more signals but that's already up ~=10%. Did Jan16 @ 160$/165$. I think that's about as low as it gets so I will sell either as the 15m/30m truly starts to turn north or if it's up 100%+(probably not but possible with...
  13. Rangoth

    Investing General Discussion

    Yall got me doing more analysis on the MSTR play. I was waiting for a drop close to 1mNAV as my thesis was that it would not drop below that because it's a value match. I am going to reverse this play. The dude keeps issuing preferred shares with dividends and the only way he can pay is to...
  14. Rangoth

    Investing General Discussion

    quarterly payments Based on gains at that point in time. I could wait until the end of the year but then I often have to pay fines because I waited. If take a big lhit late in the year I would money back no different than someone who pays more than they should each paycheck on W2 so trying to...
  15. Rangoth

    Bitcoins/Litecoins/Virtual Currencies

    ‘I am blown away at the volume and amount of stupid fucking bets on that site lol. It’s pretty awesome.