First day on Biz what should i know about investing and crypto? during all my college years i made fun of my friends who discussed it and i barely know what math is. Any recommendations for that?
Ethan Thompson
da cats doing da nae nae nigga lol how he do that tho fr???
Careful, I think we're closer to going parabolic ala 2000 rather than crashing down. From the picture: look at the rise to 2000, from there they slowly ground bears until 2600. 30%. Then every single bear got blown out for another 2000+ points. There were people getting run over the whole way up saying it can't go any higher. I circled and starred part of the chart that could be analogous to where we are now, but looking again the question mark part looks close too.
On Monday you could buy 100 shares of MRO for 8.00 and sell an 8 call expiring Friday for $60. How is this not retarded as fuck? 7.5% return for selling the shares for the price you bought at in a week seems like the freest shit of all time. I sold 3 but bought em back for a $5 profit bc I was bullish. Now wishing I had that downside protection but futures are green so who knows what will happen to MRO come friday
Don't lose perspective. The best you could say now is that they are no longer relentless selling volatility. Once vix starts getting over ~31-32, maybe it starts gaining some traction. It could just also just stay between 25-30 for a while. I'm not trying to change your position or anything, just telling you what I see.
That's right I didn't double down. I didn't triple down I quadruple downed. I went from 281 shares at 4.69. To 920 at 6.5 by buying every dip today. as it bounced down after I sold at 8 before. Had to leverage some debt, but I aint scared. (I'm a little scared but the 10 year history keeps me less scared.)
No oil will continue to rise as economies open up. Buy on red days like today sell calls on green days easy money
Easton Hill
Jpow going to unwind tomorrow. Economy opening back up, great 2.5 million positive job numbers when 8 million negative jobs were expected. Market at all time highs again. He's going to take the punch bowl away.
I bought at the march lows but I'm waiting with popcorn ready to see the retail investors get reamed in the ass especially the ones who bought htz. CNBC actually ran a bankruptcy PSA to explain what it is to educate the retarded zoomers.
Michael Carter
Any other RTXchads twiddling their thumbs waiting for it to moon; scooped up a bunch of cheap calls back at 58 a share and am just jerking off waiting for it to blast off
Nathan Gonzalez
There will be another opportunity in a few months. Saudis unironically will go bankrupt in a few years. They can't survive at lower than $70/barrel. The price war was a last ditch effort that failed like the one they pulled off in 2014.
Luke Price
If you liked the stock at 7.4, you should love it on sale at 5.60.
ALL TSX BOYS BTC ETP AVAILABLE AT 12.02 LMFAOOOOOOOO NIGGA WE MADE IT
Ryder Perez
Going from 50k to 100k is proving difficult.
First i had to go back to work which makes it hard to watch what the market is doing. Second the market going down two days really set me back. I was getting close to 60k now I'm basically at 50 again. Third I want to quit my job so bad, but I figured i need 100k in the market plus a year of expense money to do that.
Anthony Bennett
What is a bunch? 50 calls is like a half million gain.
Brandon Bell
>he thinks he isn’t retail
Sebastian Ross
Put down 1k on EOY 85 calls when they were 50c a pop
