AMD ride or die

Largest gain day for my portfolio in a long time

seems like a relevant place to post that i bought Litecoin over a year ago at like 110$, it was on a slide down from like 130$ and even tho it was dipping i bought like 200$ of it with cash i had trying to hit an easy 5% jump and dump.

well a year and one week or so later im stilling holding it lol. im willing to take a loss but with it at 44.47$ atm it just hurts too much. even 90$ id dump this shit, tired of seeing it in my app.

A lot or a little ?

200$ or so bought, did it in 3 batches over 2 days. all around 110$ish price. worth like 79$ as i type this lol.

i should have sold it off when it was worth like 175$, but no. so ive held it for over a year.

it would be the first crypto trade that id have to take a loss on over 1%. ive done fairly well overall, albeit with a few 1-3 month holds to scrape out a profit. this is a shitty outlier.

This post was edited by thesnipa on Jul 24 2020 09:30am

That's why i don't touch crypto besides BTC

I have 1k in BTC but wouldn't dare touch anything besides that or eth. Soooo much hype based on nothing imo.

With stocks i can at least understand some of the strategies and logic for why something will go up or down, crypto? No idea.

This post was edited by ofthevoid on Jul 24 2020 09:39am

Shrug lol

Idk shit about crypto trends.

honestly holding a small amount of each alt coin isn't a bad idea, because of the volatility.

Dogecoin spiked from like 22 to 49 or so because tik tok users decided to make dogecoin memes.

company announces potentially trying to wrap in some random coin into their system and boom, it spikes big.

and honestly on an app like Robinhood none that they trade in will go to zero, so just find a 1 year low point drop 20$ on it and wait is what i do. unless i see an opportunity for a big jump.

BTC 100% is still the easiest to predict and easiest to get out of, but u can imagine the insane profits u can make on alts from time to time. and i take a loss or nonprofit way less than i thought i would.



most alts are like 5-8% swings per week from high-low. but monthly it can be 30% up, 30% down, or even. crypto day trading and quick flipping is how i got stuck with this LTC, so im done doing that lol.

well and stubbornness to not want to take a loss.

This post was edited by thesnipa on Jul 24 2020 09:49am

I have a very small position in amd that I got into at 50. Had a much larger position but sold most off at 56.

I just like Intc at this price and multiple. I already sold my calls for 20%

Gotcha nice

For me it’s little different , i opened up huge position around $15 and again at 23-24 and again at ~39 (March) This is one I am just going to hold

Opening some 7/31 spy calls if we bounce here, Trump is encouraging mask use which will help curb the numbers, good pharmaceutical news coming out, and stim pack on the horizon. Only thing that worries me is potential escalation with China impacting trade.

Currently 78:21 puts vs calls open so trading against the trend.