It could be, lots of media saying the same thing, though. CNBC fast traders were unanimous during half time yesterday that it will be a sell the news event Also see a snippet that SEC may not be ready by the deadline and may again push to delay Things are a little bit calm now, good, lol
Update on the MSTR calls position expiration 1/19/2024 Fun is over, there was no spot etf announcement today Friday, most likely next week Opening a new calls position a few months out, capture the post halving move, although in previous cycles the big move happens 9 months later, but those call options would be much more expensive If funds are not available today due to settlement and what not, will open next week, hopefully no approval of bitcoin spot etf news, yet Price anchor to 6-figure value 4 days ago makes this profitable trade less happy
lol, yes I understand the sentiment "... not enough,.." However to just complete the thought, with all the opportunities you've explored during the BTC bear market, do you have more or less BTC than what you started with? If I remember correctly, it was either 10 or 20 BTC, is that accurate?
The number is 15 btc, posted on this thread when I finally accepted it was a bear market sometime after April 2022 10 btc is the number that will never be sold, bull market, bear market, rain or shine, unless some kind of emergency That leaves 5 btc as risk capital for speculative short term trades or investments Bear market opportunities were not cashed out at the top, still did lots of roundtrips, for example, Ethw opps could have added as much as 3 btc, dwindled away to less than 1 btc, it could have been worse, and turned to a loss. For perspective, 3 btc was less than $50k in fiat terms, EThw opps were very early in the year Pepe and other Eth meme coins were great! but as stated, could not get out at the top, could have easily beat the Ethw, even with btc higher $ price Perpetual futures, had some very good results, but also some liquidations Lots of words, Sprout, but never did give you the answer you're looking for There's an asshole on this forum that never shared anything made a comment regarding "hard times" incorrectly ASSuming stuff based on what I've shared here I decided then there is no need to share too much info regarding the whole portfolio I will continue to share individual trades (or short term investments), i.e. Perp futures, or altcoins, or even stock market options, I have active positions on all of these
Cool that you are sticking by your guns yet still exploring opportunity. I appreciate your journal, it's a useful barometer and a datapoint of market sentiment.
New MSTR calls options position - risk capital $40k Closed the 1/19/2024 calls position last Friday, cashed out $20k I was going to post this after close this coming Friday but the bitcoin spot etf's will be trading today Thursday 1/11/2024 Currently, m2m down $15k already, but got lots of time to expiration, these are wotm options, big rewards (hopefully) or expire worthless