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Not all DeFi are the same. Some are riskier and provides higher yields The reddit post was disingenuous asking did he miss anything and not discussing the most popular and highly rated ones like AAVE (which I explained to you is the simplest form of defi, a bank, deposit/lend_ Did he mention...

I'm sorry but @Dustin would be better to answer. My assumption was that options are derivatives like futures and there's no wash sale? My tax issues are unrelated to the stock market or options, I sold over $500K worth of bitcoins (don't want to say the exact number publicly) and my cost...

Not a dumb question, it was my bad, 16c can be interpreted as call option strike price 16 :) As Dustin said, we're in a golden time currently for taking these high-probability trades, the target for profitability is so wide HFT's are either not trading these meme stocks or letting them trend...

Thanks for the breakdown of your trades I used to trade IWM, SPY, QQQ or DIA options countertrading amateur hour big moves and closing midday or eod. I eventually blew up my account doing that (not enough capital, methinks) but there were times I did ok. I did better with options on swing...

https://www.financemagnates.com/cryptocurrency/news/binance-not-registered-in-cayman-islands-regulator-starts-investigation/

inb4 grandmas buying bitcoins Updated article on this from Forbes. Lots of juicy details Some highlights: "Now, Brown says “dozens” of NCR’s banking and credit union clients have come to his company complaining that their customers were using their savings to buy bitcoin and other...

Not sure if this is what you meant but I opened a synthetic long position on AMD call options Jan/2022 last week when stock was ~$82sh It was a cumulative 1158 delta, but a little bit out of touch with how fast options can move. Today position is at ~1500 delta and added another 120 delta...

If you're going to compare CFD's with bitcoin and cryptos, then you must have a similar list of adoption for CFD's to the ones I posted? PayPal bitcoin and cryptos integration took about a year, I think due to regulatory approvals and systems development Now, PayPal is doing hundreds of...

1. Bitcoin and other crypto digital assets are classified as property in the US and treated and taxed accordingly 2. I don't know what governments you are referring to, but the important one for me is the US The US Government does not seem to be planning to ban bitcoin and cryptos If the USG...

https://www.bloomberg.com/news/articles/2021-06-28/even-gold-obsessed-indians-are-now-pouring-billions-into-crypto Even Gold-Obsessed Indians Are Now Pouring Billions Into Crypto By Suvashree Ghosh and Ronojoy Mazumdar June 27, 2021, 5:00 PM PDT Daily trading values are up nearly 900% in...

It did, but stopped mining btc after a couple of months when it was "no longer worth it" Payout was less than $30/day or less than 0.04 btc/day when electricity costs from mining was over $200/month and the price of btc had gone down to less than $500/btc It was better to just purchase btc...

Can you elaborate? It's the weekend, watch a video

A Watt meter was useful to me when I was mining with Antminer S1's in 2014 and other altcoins including LTC using gpu's on a caseless motherboard (using a plastic box) I plugged everything to a good power strip and plugged to one of these Gotta be careful living in a 1-bedroom apartment not to...

Interesting. I could see $1M causing issues if not broken up manually or using a bot on defi systems, but my posts on the thread were specific to redemption of US $ to traditional banks which were a "concern" for others due to "insufficient" $-backing of Tether I never mentioned defi which...

Looks interesting but I don't know if there's any validity to the argument

I'm not a cool aid drinker. I already made thousands of percent ROI on my Celsius investments and I've cashed out I believe Celsius has proven itself and its business in over 2 years of giving the same interest week after week and growing the business I got in at 20 cents, some got in at even...

"Michael Saylor is a Picasso of Financial Engineering" Click the play and watch for 5-7 minutes In Michael's own words... "that was accretive" Hit the play button, short video

The "Celsius doesn't do that" was my phrase re: GBTC discount trade that BlockFi was doing Celsius lends out the crypto assets deposited on their platform to Institutional traders such as Susquehanna and a couple of hundred others Prime brokerage and Securities lending That's their business...

You have a point re: being all-in and not able to buy more, but there's some context behind that All-in was being too poor and borrowing from credit cards to purchase bitcoin starting in 2013, all the way to Feb/2017 All-in was having full commitment to bitcoin and cryptos as investment and...

Yea!