Bitcoin is the best money in the history of the world, Noah, as a store of value We do not want bitcoin to replace fiat currencies for medium of exchange as it would become an enemy of the state It is best for bitcoin to stay as commodity and as a global monetary asset that can be exchanged for fiat currencies around the world As Saylor has said, bitcoin is like a digital real estate, sure the Manhattan apartment is very expensive but if you wish to move to Toronto Canada, you cannot bring it with you and will have to sell it And the Manhattan apartment requires maintenance, insurance payments, property tax payments, hoa payments, but the bitcoin you hold the private key to requires none of the expenses mentioned above you can store for 10 years while it appreciates in value
Why wouldn't you want a drawdown is the question...oh that's right because your profits have an expiry date lol. Whatever you make on this trade will be pocket change compared to what you could have made circa 2018-2020. Even IF you make 1M on this trade, it would be less than if you simply invested 100k into btc and hodling back in Jan 2019. What's your trade again? 300 MSTR July 2025 $700 C for $6? That position would match the numbers you posted in this screeshot. BTW Lambos are not supposed to be practical! They are a statement that say piss off, I have more money than you!
I SAID BITCOIN IS DIGITAL REAL ESTATE! #42 Oct 26, 2023 I have been saying this since 2017! Find me an earlier quote from your idol fanboy!
You're exposing yourself you do not even know it, poor boy waxy You got into bitcoin in the 2017 cycle but I got in before you in 2013, I already sold over $750k worth of bitcoin in 2021 April, you can search on this thread You probably bought and sold after making profits, nothing wrong with that, you did not have to experience the bear market pain of 2022 but you forget the rule of bitcoin, don't sell everything more than 50% of my family's net worth has been in bitcoin, why I don't want to have a drawdown, if you were hodling more than 50% of your net worth worth over $1M and that value go down to about somewhere in the $300k value, and now it's back to the highest level again, would I wish for bitcoin to go down 80% just so your broke ass can buy again, waxy? Have Fun Staying Poor, broke-ass waxy Hey broke ass waxy boy, the mstr calls are Dec 2025 and they are deep in the money You want me to show it, you show us a screenshot of your active trade and do not be a pussy, waxy broke-ass Lambos are cool, but I cannot get one, to show off without my kids in the car
Ok so yesterdays return was $19,760 but total return is only $134,560 NOV7 had a low of 252.70 and a high of 280.80...which equates to making about $700 for every $1 dollar move of MSTR. 134560/700=191 so that is your strike? 16 contracts @ 191 = 1600 shares x 82 itm = 134,560 I thought you said you invested 160K? These pnl's are showing much less... As mentioned I liquidated bitcoin back in NOV 2021 to buy bitcoin etfs and start earning dividends. That's 3 years of dividends I've been collecting while bitcoin is practically at the same price 3 years later. My current position including capital gains, and dividend accumulation is performing at a rate 2x what it would if I didn't liquidate. The reason I want more downside it to increase my dividends...not buy bitcoin because holding bitcoin doesn't generate any money. I have car payments you know!
waxy boy, it's quid pro quo, i do not mind to post the screenshot of all the details that you want, but you also have to show a screenshot of your trade Why are you so scared, waxy boy? Don't be ashamed, we are all friends here
What trade are you talking about? I posted for months if I was going to make a trade it would have been in the low 50's after a double correction to ADD to my position. I mean I did add at 67k pullback of course in case we only got a single correction. Let's see the screenshot! My backwards engineering is showing the position is 16 contracts at 191 strike...or 160 contracts at 191 with adj cost etc. Oh and btw before I forget, I told you 75k level meant nothing...don't jump into deep waters when you can't swim.
So you do not have a trade right now???? you piece of shit asshole been gaslighting this thread up down sideways, crash, 50ks 100k, waxy broke ass boy You better show us a screenshot of your trade you stupid shit broke ass waxy, because I promise to you piece of shit broke ass waxy I will clown you and mock your ass, NO MERCY, shithead,, BWAHAHAHAHAHAHAHHHH No offense broke ass waxy gaslighter
No offense...clowns clown...that's what they do. You keep it up and I'll catch up when I get back from cruising around in my (2008) Lambo. There was no trade that materialized! Go back and read my charts if you can comprehend them, but typically the LOWEST point on the chart would be the target entry lol...and the Y in the WXY double correction was at 50k's. So are you going to share your position since you are the one spamming the forum about it.