Search results

I may just have to double-down (yet again) on Microstrategy next month depending on the risk vs reward ratio. If market doesn't recover, it may be just best to just buy up Ethereum spot ETFs. Possibly a little more BTC exchange traded funds, but in all honestly, I'm not a fan of BTC which is a...

That does not seem smart. BTC has had many attacks by countries including Europe for its ban, while ETH gets free passes because of the continual upgrading. You do realize that most the early car manufacturers are long bust... early investors thought they'd have a permanent gold-mine because...

Today I just doubled-down on MSTR.

Well, even without the world crashing and burning, there was always large players getting rekt. Speaking of, remember when FireBlocks (I think) lost those keys to all those assets? :banghead:

During times of high market stress, all correlations go to 1. You should know this by the time you sign up for EliteTrader :sneaky: I do get tired of people getting upset why GLD sold off during a market crash/correction, because they bought it fully sure from some article on the internet...

Alright, I did it today. On lunch-break I sat in the car and bought my first share of MicroStrategy. LOL. The whole rest of my dividend payouts went into buying up CAP-REIT units while the markets were still on sale. This is actually kind of fun, now I can say I actually own a piece of...

What I remember, was the (day-traders) new figuring out that they can't lose by buying negative contracts. Then they were sitting at losses in the tens of millions.

Ironically, there was NO investigation into Nortel due to political connections. Long live democracy I guess. Bre-X was about as bad as Nortel... sits in that time-era too wasn't it?

Hmm, took a while, but I see hood down to the $6 range now... what a fall. And I was feeling bad about trying to be smart and buying Nutflix on a huge discount with Bill Ackman right in front. Grrrr

I taught myself solidity last year (or was that 2 years ago now?). A great site I started off with: https://cryptozombies.io/en/course/

Hate to break any party-pooper's bubble, but there was no margin-call for Microstrategy today. Kinda the opposite, over 10% to the up-side.

Seems MSTR already shot up almost 10% on the day, and is trading higher in after-hours...

Well, that was unexpected... https://www.coindesk.com/business/2022/06/15/binance-kraken-polygon-accelerate-hiring-in-response-to-industry-wide-job-cuts/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Waiting... waiting... waiting for my REIT distributions to settle tomorrow. Then I'll pick up a single share of MSTR... and the rest goes into apartment-REITs for an inflation hedge. Then I'll re-evaluate the crypto scene next month when my 30-day time-lit expires on wash-sale trades for my...

That is pretty much what happened to blue-chip FAANG stocks like Nutflix. Did you predict that too in your Pelosi-crystal-ball? :sneaky: Ironically, BTC has returned exponentially more than Nasdaq blue-chips, despite down 80%

Don't over-leverage....& diversify.

As Dr. Burry said, crypto markets have far too much leverage and were at risk of a major collapse. I don't recall him being short on it though, someone correct me if I'm wrong. In any case, as the world continues into its 2nd generation of The Great Depression, sit tight and let the leverage...

Even more tempted now to buy Microstrategy. Just a single share so I can boast how I got wacked by the MSTR margin-call. :)

I hate to burst your bubble, but De-Fi is not going anywhere. The world may keep burning, even banks may go under, but DeFi is here to stay. Next year has a higher chance of a few developments over-taking NFTs even.