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Posted (edited)
1 hour ago, Standby said:

Hopefully you loaded up on the 3rd and dumped it last night…if not, oof. I lost a little in a panic sell. 

The guy I follow was short through the collapse, then went long during the sucker rally. I wasn't thrilled by the end of Tuesday, but I trust him and it paid off on Today. 

Edited by Lord Ratner
Japan time confusion
Posted
9 minutes ago, BashiChuni said:

this market is a dream for options traders

there was LOTS of money made on both swings

i loaded up on some BTC when it touched 74k

Lot of money to be made there, just remember, it is absolutely not a store of value/safety trade. It's been moving basically in sync with the magnificent seven. Completely speculative right now.

Posted
17 hours ago, Lord Ratner said:

Lot of money to be made there, just remember, it is absolutely not a store of value/safety trade. It's been moving basically in sync with the magnificent seven. Completely speculative right now.

agreed the swings are brutal

i'm on a 15-20 year BTC investing horizon and think it can hit 500k + down the road. used to think those numbers were crazy until i dug into the math. the big investment firms taking positions in it seems to signal it's long term viable.

Posted
3 hours ago, Banzai said:

And after today?

Still up form the low...lost about 33% of yesterday's gain.  Buying the dips...I had a lot of cash sitting on the sidelines.

  • Like 1
Posted
4 hours ago, ClearedHot said:

Still up form the low...lost about 33% of yesterday's gain.  Buying the dips...I had a lot of cash sitting on the sidelines.

Nice!

  • Haha 1
Posted
5 hours ago, Banzai said:

https://amp.scmp.com/news/china/diplomacy/article/3306066/eu-leaders-plan-trip-beijing-july-summit-xi-jinping

If true, we’re gonna get to test your guys’s theories about how soft power and globalization are old news! The cracks are starting to form in the world order.

But at least some insiders and billionaires are making money off dumps and pumps while we go down. Transfer that wealth!

Europe is the gayest place on Earth.  How else will they continue to purchase cheap dildos besides meeting with Xi.   

  • Haha 2

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