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Jun 14 2022 06:40pm
Quote (SunnyvaleTrailerPark @ Jun 14 2022 05:25pm)
You're clearly a peasant that have no clues how crypto work.

Let me educate you. I've sold everything prior to the crash giving me a huge money pool to use to buy very very low and do tons of micro flips daily. So if i invest 25k on a product that worth X and i can sell it a few hours later or the day after for X+Profit, guess what, i'm printing money.

Numbers you see is only a number. The one who got hurt are the rookies who didn't predict this market crash that was very obvious. Those lost lot of money. For us smart people, it's Crypto Black Friday and very easy profit.

Just last week, i've made more money in a week than most here make in a few months by buying BTC at 26 and selling them at 29. Then bought more at 27 then sold them at 29.1 .

You need to learn bout Crypto before you make a statement bout crypto.

Just out of curiosity, how much you make a year? It's probably what i make passively in less than a month or two.


Which "I" are you talking about - the DOFUS/Albion Online I, the libertarian I, the socialist I, the neo-nazi I, the Asian woman I, etc? Just so we are on the same page - I keep forgetting what personality you are or what delusion you are experiencing in a given day. Also, I'm a software engineer with more or less 7 years of experience who has a life outside of this forum. How are your cats?

Poor - must have been rough. Keep your head up, bud.

This post was edited by kenw on Jun 14 2022 06:42pm
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Jun 14 2022 07:37pm
I don't lose anything until etherium drops under $109.
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Jun 14 2022 07:40pm
Quote (kenw @ Jun 14 2022 08:40pm)
Which "I" are you talking about - the DOFUS/Albion Online I, the libertarian I, the socialist I, the neo-nazi I, the Asian woman I, etc? Just so we are on the same page - I keep forgetting what personality you are or what delusion you are experiencing in a given day. Also, I'm a software engineer with more or less 7 years of experience who has a life outside of this forum. How are your cats?

Poor ^darkhead69 - must have been rough. Keep your head up, bud.


:D
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Jun 14 2022 07:42pm
As long as my electrum coin collection, comic collection or vintage video game collection doesn't tank, I am fine.
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Jun 14 2022 07:59pm
rotated out of shipping early this year (DAC, ZIM, (held drybulk like SBLK and GRIN a bit longer) and went heavy into energy in January/feb and it was the best decision I made this year

primarily XOM, VTNR, VET

don't like big tech or crypto atm, would consider a btc long at 11k or eth at 300

This post was edited by majorblood on Jun 14 2022 08:00pm
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Jun 14 2022 09:43pm
Quote (majorblood @ 14 Jun 2022 21:59)
rotated out of shipping early this year (DAC, ZIM, (held drybulk like SBLK and GRIN a bit longer) and went heavy into energy in January/feb and it was the best decision I made this year

primarily XOM, VTNR, VET

don't like big tech or crypto atm, would consider a btc long at 11k or eth at 300

solid moves. im a little less bearish on btc and eth (think 18k-20k btc, 800-1k eth bottom)

as for equities i am just gonna do value buys on major players. i did some wheat futures for fun a couple months, no idea what im doing but i expect a lot of commodities to have crazy prices for the mid term future
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Jun 14 2022 10:00pm
Quote (excellence @ Jun 14 2022 08:43pm)
solid moves. im a little less bearish on btc and eth (think 18k-20k btc, 800-1k eth bottom)

as for equities i am just gonna do value buys on major players. i did some wheat futures for fun a couple months, no idea what im doing but i expect a lot of commodities to have crazy prices for the mid term future


i think the global market recession hasn't hit yet in its full strength and btc is already at ~20k support, i see another large correction in spx soon and there's no chance btc does well in those conditions. 11k is strong support, if that breaks 6k is next.

also I think cash is a good position as you said rn until there's solid upward momentum in value names, don't try to time the bottom, miss 10-15% potential gains and buy into strength instead when there's a clear sign of recovery

This post was edited by majorblood on Jun 14 2022 10:04pm
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Jun 14 2022 10:01pm
WE ARE SCREWED..................
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Jun 14 2022 10:12pm
Today wasn't a good day for money.
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Jun 14 2022 11:02pm
Quote (majorblood @ 15 Jun 2022 00:00)
i think the global market recession hasn't hit yet in its full strength and btc is already at ~20k support, i see another large correction in spx soon and there's no chance btc does well in those conditions. 11k is strong support, if that breaks 6k is next.

also I think cash is a good position as you said rn until there's solid upward momentum in value names, don't try to time the bottom, miss 10-15% potential gains and buy into strength instead when there's a clear sign of recovery


yeah it definitely is gonna get worse, i said recession is locked in during feb when the war started and people looked at me like huh why.
unfortunately yeah. btc is tied too close to the s&p and nasdaq now so, we'll see. i think 3k spx is bottom, thats like a 20% haircut from yesterday's close, but who knows

cash is king yeah, which is why i never will not wage cage. labor is still the tried-and-true method for a person to obtain cash.
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