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  1. The_Krakenite

    Baron's Crypto Trading Journal

    We have both the halving, with Blackrock flipping and many other institutions as well. Not to mention, Gensler is getting the crap kicked out of him in the courts and most have started to take sides against the SEC. Good times to go LONG... except for the risk of Tether implosion.
  2. The_Krakenite

    What are you presently reading?

    I just finished this: So now I will try this:
  3. The_Krakenite

    The US is now in recession

    A lot of people I know have switched to working TWO jobs now, because they can't get by on the original full-time one they had. This includes some of the millennials at my work also, so not just the older. Of course, the government looks at that as a positive thing. Look, TWO jobs per person...
  4. The_Krakenite

    Dusting off my LEAPs again...

    Friday, July 7: Still no further derivatives trades. Just sitting on my ass while I keep watching the scale move further into profits. At the moment, we broke the 10K barrier- the overall Total Options trade is over 10K in profit as of today. :fistbump::fistbump: All my short-PUTs are now OTM...
  5. The_Krakenite

    Crypto Giant Binance Struggles in Europe

    Now that I've been thinking on it some more, I suppose the traditional old-school hedgefund method of hedging the trade by going Long Ethereum, while Shorting BNB is a 'relatively safe way to do this without making things too complicated.
  6. The_Krakenite

    Is the crypto winter over?

    Boom! 10K+ now... Seems everything I touch turns to gold... that probably means something terribly bad is about to happen soon. :sneaky: Sorry guys if I pull the plug on the market here. I also bought 10 more round-lots of Ether Capital today, bringing my total shares to 3K of that ETF. I...
  7. The_Krakenite

    Crypto Giant Binance Struggles in Europe

    The risk there is... too many religious zealots to still pump BNB full-retard.
  8. The_Krakenite

    The US is now in recession

    Isn't it well deserved? You can't sit there and let Banana Ben Bernanke bankrupt all future generations with multiple lies of QE (this is the last time guys, I promise!). And then claim that everyone's worries were for nothing because we went on a bull-run after 2009. At what cost was that...
  9. The_Krakenite

    Crypto Giant Binance Struggles in Europe

    If only... I could have shorted Binance.
  10. The_Krakenite

    Is the crypto winter over?

    I took this screenshot yesterday. Though today I'm up to just under 10K for my recent options profits. Thank you so much bears! You've made our great depression fun again... All my short-PUTs are OTM. Even the ones I originally sold ITM. And the irony of COIN's stock jump... definitely was...
  11. The_Krakenite

    Crypto Giant Binance Struggles in Europe

    CZ has gone a little woke... so even though I was just coming around to finally give him a slight benefit of the doubt... I take it back now. As soon as he started using the "People just don't like me because I am Asian--" and the whole pigeonholing thing... I just can't stand him now.
  12. The_Krakenite

    The US is now in recession

    You believe too much in flawed GDP metrics. I was listening to Taleb again today(Anti-Fragil), how the government just loves to cheat/inflate GDP by loading up on the debt of future generations. It is very easy to do so, yet people will keep pointing to the manipulated figures in an attempt to...
  13. The_Krakenite

    Coinbase surges after Cboe names crypto exchange in bitcoin ETF application

    It's going to be a long, long, long drawn out fight... Even XRP seems to have beaten up on Gensler...
  14. The_Krakenite

    Coinbase surges after Cboe names crypto exchange in bitcoin ETF application

    But... wasn't that already widely known?
  15. The_Krakenite

    Savers - Value Village IPO

    Ahh, out of curiosity I had to do some nostalgic backtracking... I still see the old adverts when looking her up, people making this huge BFD because the CEO was a female billionaire, as though that means anything. I guess it does if you're some virgin and an investor who spent their life...
  16. The_Krakenite

    The US is now in recession

    The funny thing, is people are worried about a 'recession'. Fun fact: You can have both a recession AND an anti-recession within a great depression. I didn't think on this much until I was watching Hugh Hendry get into stats on this. Ever since TGFC we've actually been in a depression not seen...
  17. The_Krakenite

    The boycott against Woke Bud Light...

    I had given it a rough 50/50 chance that it wouldn't have blown over by now and be forgotten. I decided not to do any trades and stick to things I know better. Just curious if anyone here tried to take a stab at some profits, and how did it work out if so? I don't see much talk regarding the...
  18. The_Krakenite

    SCOTUS kills Biden plan to forgive student loan debt

    Since we live now in a woke society where you can pick and choose which of the 99999 different SEXes you want to be... I find it odd that I am not allowed to also choose how much melanin in my skin I have on my driver's license. It sure would come in handy... Keep being told I have white...
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