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  1. The_Krakenite

    Dogecoin lagging?

    Reddit has switched from pumping Doge to HOLO recently, lol. Not sure how long this will last, but those who got in early made big bucks, those who aped in at the top lost a chunk by Friday after-hours. We've already seen how this ends before...
  2. The_Krakenite

    Is the crypto winter over?

    LOL. I guess you can tell I was a little kid in the 80s, because OTC to me meant a fraud desk where you trade PINK SHEETS from small fraudulent companies. :D And yes, the sheets used to originally be pink. The more popular fraud companies simply operate through reverse merger on the...
  3. The_Krakenite

    Is the crypto winter over?

    They've been around as ETNs in Europe for a while. And they've been around as spot-ETFs in Canada for years. Institutions have been buying them, including retirement funds. It will be a very slow process to ramp up though. Gold amount increases only ~2% a year when in demand. It is very...
  4. The_Krakenite

    Is the crypto winter over?

    If it does, unlikely that will be soon. It is kind of foolish to not diversify.
  5. The_Krakenite

    Canaan Inc. (CAN)

    Ethereum swapping to PoS can't have helped them much. I will try to continue doing due diligence in 2024. In any case, I already took a small position of 30 contracts here:
  6. The_Krakenite

    Crypto Macro Trends for 2022

    So, what you're saying is it's ok to double down and short more PUTs if it keeps dropping :)
  7. The_Krakenite

    Dusting off my LEAPs again...

    Friday, Feb 16. So in the meantime, I've been slowly adding a few more round-lots of ZRE to my portfolio. As long as REITs still remain depressed, I'll keep trying to add to the stack. Best thing in all of this is that Return-of-Capital is not taxable such as other sources of income. I also...
  8. The_Krakenite

    Crypto Macro Trends for 2022

    I made a minor miscalculation with MSTR. Something I had been debating on before hand actually. My original plan was to close out any short-PUTs on MSTR as soon as any ETFs showed up in the US. I (correctly) figured many would sell out of MSTR and instead feel safer in an institution that can't...
  9. The_Krakenite

    Blockchain is Dangerous Nonsense

    I only started experimenting with the BTC micro this year. Used to play with the Micro Ether beforehand. These were badly needed. Everyone HATED the 5-coin thing. Remember when the micros were first announced here just a few years ago? There was a lot of bitching about CME's fees and poor...
  10. The_Krakenite

    Roku

    I really don't have that kind of conviction though. Paying ~60 IV for 700 days on a one-way bet with Roku, lol. I also try to avoid DEEP options. Very rarely do I go long calls. Bitcoin and its miners is one of those exceptions.
  11. The_Krakenite

    Roku

    I decided to take a little gamble today. Shorted a PUT-LEAP into 2026. Quite a bit of premium for a strike at 70. Some analysts are claiming by 2026 Roku will be profitable. LOL, we'll see. For now, I'll sit on the cash until interest rates drop (if they ever do).
  12. The_Krakenite

    Roku

    Damn. Crashed yesterday, and teetering around -20% again in after-hours right now. Tomorrow another inflation report hits, maybe she'll keep taking even still. I guess this means Cathy is doubling-down again?
  13. The_Krakenite

    Here we go bitcoin

    Unfortunately, I missed this important detail until things were too late. Should I re-buy back my stuff after I sold it all at a lower price?
  14. The_Krakenite

    Michael Saylor YouTube ad offering to double your BTC

    Can we stop calling these vids deep fakes? You can tell it's an AI algorithm right off the bat, even the lip-synch is way off and the tone of voice is abysmal. They are very piss-poor shallow fakes at best. Every night I browse crypto feeds on YT I get hit by the same Saylor ads. These are the...
  15. The_Krakenite

    Is the crypto winter over?

    Now that SBF drama is behind us... looking forward to Alex Shitshinsky trials.
  16. The_Krakenite

    Crypto Macro Trends for 2022

    I'll pass. The time to buy calls was yesterday, today it's priced in :sneaky: Loaded up on 100 CALLs for Bitcoin ETFs and 20 more on HIVE last year. Unfortunately, I backed the wrong horse (so far) with the miner. Still lots of time though for him to catch up in the race. On the short end...
  17. The_Krakenite

    Is the crypto winter over?

    Not too long ago I shorted ITM PUTs on ETH. Rarely do I do options ITM, but with due diligence, if you are going to short PUTs on crypto, this seems to be the best risk/reward method at a time like yesterday. This is something I've been watching for a while now... The only thing I still...
  18. The_Krakenite

    Coinbase...

    Great way to end the week. All my short Coin PUTs are OTM again. :thumbsup:
  19. The_Krakenite

    Dusting off my LEAPs again...

    Feb 9 This week I purchased another round-lot of ZRE. REITs are still suppressed so I am happy with this. If the lowering of rates keeps getting delayed into perpetuity, then this is dumb, but I'm trying to be positive about the future here, lol. PayPal sold off yesterday. Last night I was...
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