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May 8 2020 11:48am
btc hit 10k
just silly stuff, 100% return in 1.5 months. all other cryptos like 30-40% gain from march lows. took a bit off the table now
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May 8 2020 01:01pm
Quote (excellence @ May 8 2020 01:48pm)
btc hit 10k
just silly stuff, 100% return in 1.5 months. all other cryptos like 30-40% gain from march lows. took a bit off the table now


BTC halving and world governments expanding money supply= BTC to the moon.

I'm still holding like a grand worth of BTC, sold small chunks on the way up at 7.5, 8.5, 9.5. But honestly i think it still has legs and holding on to what i have. Once we get past this deflationary stage and the economy starts to expand we're going to see crazy inflation. I really think the people that were talking about 20k BTC aren't that crazy atm.

This post was edited by ofthevoid on May 8 2020 01:10pm
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May 8 2020 01:18pm
Quote (ofthevoid @ May 8 2020 12:12pm)
Looks like you might be right, we'll see soon. Reading some stats and seems like this run has been heavily fueled by retail investors.

I day traded those puts scalping 5% each time between 289-287 and closed them end of day so miraculously missing the overnight gap up. Have a limit buy at 292 for puts to day trade again but not hitting yet.


Any close <293 and still no mans land, look like we will see that. Would have liked to see 294 and then that would confirm next leg up to 300 , 313

I still think we get there and I’m waiting for those levels to short

Edit : any close <293 then prob we test 289 Monday Tuesday again

This post was edited by Bazi on May 8 2020 01:21pm
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May 8 2020 01:19pm
Quote (ofthevoid @ May 8 2020 02:01pm)
BTC halving and world governments expanding money supply= BTC to the moon.

I'm still holding like a grand worth of BTC, sold small chunks on the way up at 7.5, 8.5, 9.5. But honestly i think it still has legs and holding on to what i have. Once we get past this deflationary stage and the economy starts to expand we're going to see crazy inflation. I really think the people that were talking about 20k BTC aren't that crazy atm.


Love that speculative virtual asset. Better to move your greenbacks to assets if you still can...
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May 8 2020 01:20pm
Quote (excellence @ May 8 2020 12:48pm)
btc hit 10k
just silly stuff, 100% return in 1.5 months. all other cryptos like 30-40% gain from march lows. took a bit off the table now


Quote (ofthevoid @ May 8 2020 02:01pm)
BTC halving and world governments expanding money supply= BTC to the moon.

I'm still holding like a grand worth of BTC, sold small chunks on the way up at 7.5, 8.5, 9.5. But honestly i think it still has legs and holding on to what i have. Once we get past this deflationary stage and the economy starts to expand we're going to see crazy inflation. I really think the people that were talking about 20k BTC aren't that crazy atm.


You guys have balls playing with this fire. Too volatile for my bowels
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May 8 2020 02:11pm
Quote (Bazi @ 8 May 2020 15:20)
You guys have balls playing with this fire. Too volatile for my bowels


well i got in pretty early, relatively speaking, so i dont care. not enough to retire on obviously. but early enough that $5k seemed completely impossible at one point lol. btc has fairly obvious trading patterns though. even quick periodic +/-5% shifts can be targeted pretty easily
this wasn't really playing with fire..buying sub $5k and dumping when it doubles has been pretty easy last couple years.

This post was edited by excellence on May 8 2020 02:12pm
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May 8 2020 02:23pm
Quote (excellence @ May 8 2020 03:11pm)
well i got in pretty early, relatively speaking, so i dont care. not enough to retire on obviously. but early enough that $5k seemed completely impossible at one point lol. btc has fairly obvious trading patterns though. even quick periodic +/-5% shifts can be targeted pretty easily
this wasn't really playing with fire..buying sub $5k and dumping when it doubles has been pretty easy last couple years.



Power to you man

Your btc and your tsla. I hate you and love you simultaneously
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May 8 2020 02:42pm
Quote (Bazi @ 8 May 2020 16:23)
Power to you man

Your btc and your tsla. I hate you and love you simultaneously


lol like i said bit of luck getting in when i did but didnt put in nearly enough to retire or anything on. who knows if i had that kind of money then i probably wouldn't have bothered getting in. can't say for sure, funny intricacies of life. anyways just going forward i hope it just keeps going up and when i have a family i can pass it down the line haha

i did load up quite a bit on regular equities the end of march, it's done well so far. but as you guys know im a boring investor. buy and hold zzzzzzzz. your guys tales are far more interesting lmao
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May 8 2020 02:45pm
Quote (excellence @ May 8 2020 03:42pm)
lol like i said bit of luck getting in when i did but didnt put in nearly enough to retire or anything on. who knows if i had that kind of money then i probably wouldn't have bothered getting in. can't say for sure, funny intricacies of life. anyways just going forward i hope it just keeps going up and when i have a family i can pass it down the line haha

i did load up quite a bit on regular equities the end of march, it's done well so far. but as you guys know im a boring investor. buy and hold zzzzzzzz. your guys tales are far more interesting lmao


yeah, gambling can be interesting lol
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May 8 2020 03:44pm
Quote (excellence @ May 8 2020 09:42pm)
lol like i said bit of luck getting in when i did but didnt put in nearly enough to retire or anything on. who knows if i had that kind of money then i probably wouldn't have bothered getting in. can't say for sure, funny intricacies of life. anyways just going forward i hope it just keeps going up and when i have a family i can pass it down the line haha

i did load up quite a bit on regular equities the end of march, it's done well so far. but as you guys know im a boring investor. buy and hold zzzzzzzz. your guys tales are far more interesting lmao


I do the same. buy and hold is the only profitable strategy for non professionals over the long term
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