Search results

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

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.

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

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...

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...

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...

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...

Why do you say manipulated?

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

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...

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

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...

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...

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

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...

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...

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...

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...

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...

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...

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...

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

You should get a thread ban for putting that in “mugshawtys”

If you are not a regularly active trader but want to be aware of these type of events to take advantage of opportunities or otherwise just be aware I would go back to not looking to avoid the stress and maybe setting some price alerts. Say for instance you keep money on the sidelines, to buy...

You can probably do that on anything. Almost all of my individual picks have gone down ~10% or more in the last 2 weeks or so. Even BTC keeps bouncing off 100k and I highly doubt it's out for the count, so even that would be be a good 15-20% gain when it heads back up to 125k where it had...

Not really with a private cold wallet, but still because of the ledger they can trace every single fraction of a BTC and keep "blacklisting" any wallet that receives money until eventually it's hits a KYC wallet or legit business which gets fined. There is never any way to "wash" it like cash...

‘the point of can’t be printed/inflated is not to be underestimated as it gains traction. Not just the US but not a single economy couldnt ‘inflate’ their way out of shit policy if BTC were truly adopted as reserve(hint that’s why it will never be) you’d also HAVE to balance budgets Which means...

I have absolutely bought and sold PUTs against MSTR many times. I didn't do it during this recently downward trend and I really should have considering hindsight :) You are correct that he seems to be biting off a bit more than he can chew with all of these preferred shares, dilutions, etc...

Dude put his money where his mouth is at least. Saddle up. I’m a bit busy with work so not paying attention as much as I normally do and no short term plays last 60 days or so. I have noticed that my 6month bets are all showing 2+:1 call to put ratios but still declining daily MAs. So I am not...

A fucking billion dollar bet against. i feel like that could move the market even on PLTR?(didn’t look up market cap) im also interested in the dates because that’s just insane. I suppose if you trailing stop a buy far enough out it would work. But depending on date I feel like my money is put...

Good luck man. I’ve had many jobs over the years, the people are what matters most. You spend more than half your day with them

Yea earnings mean shit for MSTR. No idea what his long game really is beyond being the BTC bank of the world or some shit. But it’s approach that mNav of 1 I’ve been eyeing for a while now. If it hits I’m in pretty hard(I think, current situation and no crazy new variables)

I’m working in a lab with some “developers” this week and got to see one of these. Code agents for the first time. I’ll admit it was neat and I could see how in good hands it would be helpful but holy fuck what I saw rustled my jimmies. they literally cannot code. They keep asking the agent to...

Tread carefully. I was seeing this pop up in various circles for weeks and finally decided I’d go for it at the first sign of the shift. I posted but it was 1$ and I immediately sold the call at that strike. Made 14%. Could have made 900% lol at absolute peak. But my ability to time that shit...

lol, it was always a joke. The Reddit posts of people buying in a 5.00+ blow my mind. But joke or not, there was some real money made(and lost)

like everything the world will adapt but this absolutely has the potential to become a disruptive force in the next few years. Just like HFT changed things previously. The dust will settle but damn if it won’t shift things. im not sure how it all works, if its technical only or...

I wasn't aware of where the custody was for each. I suppose all the major plays using Coinbase for custody actually lends to a potential long term play on COIN if that seems to be the US corporate holding platform of choice. Thanks!

Speaking of a hedge, what is the best vehicle outside of actual BTC to go with in the standard market? Any thoughts? I've been reviewing the charts of IBIT/FTBC and BTC-USD over the last 1-2 years(the funds dont have full BTC history) and they seem to track within 1%. It's really hard to tell...

Yea, MSTR is way down and mNAV is the lowest it's been a while. I've been watching it to see when the 15m(minute) and then slowly 30m/1d MA's start to cross as I think it would be a good time to get back in since MSTR tends to move quick, but it just keeps dropping. They keep issuing tons of...

This is the piece I have a hard time wrapping my head around as said above. I worked my whole life to hit a goal and now I'm not even sure if i am really there. :(