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HODLing lets you avoid paying taxes on the capital gains, and saves on commissions among other stupid risks like fat-finger orders :)

That may be true, however, it is the wrong kind of thinking. You go long into blue-chip cryptos because of the asymmetric nature, and where it is going. :fistbump: Not simply because something is on a discount from a previous high.

Interestingly, my history has always shown that the fall of the Great Roman Empire was due to the debasement of the currency, despite numerous leaders having tried to solve this issue right up to the final downfall. If you pay attention to the Denarius coin in its 200-year existence, you will...

The new Bretton Woods is happening in August. The good news, is the world will have a fiat reserve currency backed by Gold again. The bad news (for Americans), is they are going to see what it's like being outside & looking in.

Looks like Roni Cohen-Pavon is hiding from US authorities in Israel. Interesting... this is not the only crook that defrauded Americans, then runs to the same terrorist nation that also takes in billions of dollars from the US government in donations every year. Here's an idea... America could...

If there is one reason why I worry about crypto blue-chips going under... it's when Fink starts preaching how great it is. God help us... the hench-man behind woke ESG pimping is coming.

When a state goes woke, it goes broke. Kinda like that silly SeaGate company that boasted about being 'progressive inclusive' except that they banned the hiring of experienced '50-year-old white men'. In fact, they even boasted of it to the leftist media, and no one even batted an eye at that...

Another thrift-shop find I've had collecting dust. Time to see if there is anything left to learn in the world of options...

Lynch's Magellan fund:

LOL @ the $40 million bail. If it's anything like the Bankman bail... it comes to around 1 penny per thousand dollars involved in the bail. Why do courts play politics by using these shenanigans? Are they that desperate for headlines?

Friday, July 14th: So, suddenly there is talk again of everyone assuming/hoping that inflation is going back down. And yet, at the same time, the chair is saying rates will be high for a much longer time than they ever suspected before. Now the goalposts have been moved AGAIN all the way down...

I'm not so sure he started out as a fraud. But maybe I have far too much stupid faith in humanity. I am going to assume he tried out as a legit business to make lots of stupid $. But when things start going bad, people feel pushed to cheat a little here and there hoping that things will recover...

Still holding my MSTR LEAPs short-PUT. Expiration DEC/2025 :sneaky:

Celsius tokens are on the move! That Alex Shitshinsky is a very busy guy.

Ahh Scientology. Let's add the word 'science' to a made-up religion, so it sounds legit. And while at it, let's add '.com' or 'crypto/blockchain' to any listed stock-name to pump the shares.

Instead of shorting VOL on the spot value, you can short it on the equity instead (BTC Miners) They are often well over 100% IV. I built many quasi-synthetic stocks that way around the time BlackRock did a 180 on their anti-crypto stance. I was waiting for them to eventually sing a different...

@NoahA None of what you are saying is making much sense to me. And I can't even figure why you are DCA the way your processing works. So you are worried if you buy at today's discount-to-prev-high... that the price may go down more, giving you an even better bargain?! What more could you ask...

I still have that on reserve at the local library. Seems it's quite popular! I also started this one as well... it's a bit old. But I love the nostalgia of very early dial-up options trading... going back to Enron Online :)

The problem with the zeros, in Canada a house will be $3,000,000 by 2026 :sneaky: Thanks, Trudeau!