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Oct 9 2020 10:56am
i think the next 9k BTC dip im gonna squirrel away a few grand then wait for a 15k dump.

liking the long term trends on that. who'd have thought we'd see 12k prices again so soon? iirc there was like a 7k dip super recently.
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Oct 9 2020 10:58am
Quote (thesnipa @ Oct 9 2020 11:56am)
i think the next 9k BTC dip im gonna squirrel away a few grand then wait for a 15k dump.

liking the long term trends on that. who'd have thought we'd see 12k prices again so soon? iirc there was like a 7k dip super recently.


Crypto options a thing yet?
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Oct 9 2020 10:59am
Quote (Thor123422 @ Oct 9 2020 11:58am)
Crypto options a thing yet?


no idea. as a person way too close to being a gambling addict at times in my life ive never even looked into how they function. id be like a fat kid staring at cake, eventually im gonna stick my whole hand in and grab a slice.
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Oct 9 2020 11:07am
Quote (thesnipa @ Oct 9 2020 11:59am)
no idea. as a person way too close to being a gambling addict at times in my life ive never even looked into how they function. id be like a fat kid staring at cake, eventually im gonna stick my whole hand in and grab a slice.


They being options or crypto?
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Oct 9 2020 11:07am
Quote (Thor123422 @ Oct 9 2020 11:58am)
Crypto options a thing yet?


Not a thing lol

Suicide rates would be up with 24/7 options

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Oct 9 2020 11:15am
Quote (Bazi @ Oct 9 2020 12:07pm)
Not a thing lol

Suicide rates would be up with 24/7 options


That's part of the idea :thumbsup:

Get the degenerates out
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Oct 9 2020 11:21am
Quote (Thor123422 @ Oct 9 2020 12:07pm)
They being options or crypto?


options. i also dont trade individual stocks. i trade small amounts of cryptos other than the big cash i threw down earlier this year on the 7k to 9k climb on BTC during the pandemic.

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Oct 9 2020 11:24am
Quote (thesnipa @ Oct 9 2020 12:21pm)
options. i also dont trade individual stocks. i trade small amounts of cryptos other than the big cash i threw down earlier this year on the 7k to 9k climb on BTC during the pandemic.


I'm just now learning, but god damn I already love options.

Not because I'm ever going to do anything more complex than a covered call (buy stock, sell a contract for somebody to buy it at X price on Y day, pocket the fee, be happy when the contract you sold expires worthless because I was planning on holding for a year anyway) but because it's one of those situations where you take 2 or 4 ways to organize them and it explodes in complexity based on the myriad of ways you can organize them.

Also options strategies have the coolest names like "Iron Condor".
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Oct 9 2020 11:33am
Quote (Thor123422 @ Oct 9 2020 12:24pm)
I'm just now learning, but god damn I already love options.

Not because I'm ever going to do anything more complex than a covered call (buy stock, sell a contract for somebody to buy it at X price on Y day, pocket the fee, be happy when the contract you sold expires worthless because I was planning on holding for a year anyway) but because it's one of those situations where you take 2 or 4 ways to organize them and it explodes in complexity based on the myriad of ways you can organize them.

Also options strategies have the coolest names like "Iron Condor".


my introduction to options was people on /r/wsb detroying their financial future to entertain people on longshot bets.

i know its far less risky than that if you do it right, but just doesnt intertest me. i dont have time to monitor things daily, i make 3 month crypto bets where i generally have to choose between decent gain, nominal gain, and break even. have yet to do worse than -1-2% on a trade.

at least since my first week, when i was trying to day trade up 1-5% on a diversified crypto portfolio and taking way too much time just for a tiny gain.
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Oct 9 2020 11:36am
Quote (thesnipa @ 9 Oct 2020 12:56)
i think the next 9k BTC dip im gonna squirrel away a few grand then wait for a 15k dump.

liking the long term trends on that. who'd have thought we'd see 12k prices again so soon? iirc there was like a 7k dip super recently.

ez $ this year trading cryptos
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