Crypto Macro Trends for 2022

Discussion in 'Crypto Assets' started by johnarb, Jan 3, 2022.

  1. Overnight

    Overnight

    Hey, by the way...Don't I get credit for calling the bottom of ~25K last year?

    :-(

    Feeling pisserly yours,

    OverN.
     
    #901     Feb 17, 2024
  2. johnarb

    johnarb

    The bottom was $14.5k.... at $25k, you're giving up 0.8 btc for every 1 btc purchase
     
    #902     Feb 17, 2024
  3. So, what you're saying is it's ok to double down and short more PUTs if it keeps dropping :)
     
    #903     Feb 17, 2024
    johnarb likes this.
  4. johnarb

    johnarb

    Update on the MSTR call options position. NFA

    Bitcoin is $57k, MSTR is almost $900... things are going well, only 700% to go, not 15,000%

    But to go up 700% from $6.5k is less than $40k, to go up 700% from here is slightly more, about $880k

    Doable. Price of MSTR would have to be around $2k/share...

    I think MSTR will go to $10k+ by eoy 2025, but my call options position will expire in 5 months so I do not have that much time


    upload_2024-2-28_8-10-38.png
     
    #904     Feb 27, 2024
    semperfrosty and NoahA like this.
  5. Sprout

    Sprout

    Saylor’s a visionary but what of an unforeseen personal event? Is the MSTR culture strong enough to continue?
     
    #905     Feb 28, 2024
    johnarb likes this.
  6. johnarb

    johnarb

    I saw a video where Saylor has addressed this, even after he retires, everything has been put in place. Most corporations have business continuity stuff as part of disaster recovery planning

    MSTR is a Bitcoin development company now, practically the simplest model there is, purchase bitcoin with operating profits, issue debt to buy bitcoins, sell shares to buy bitcoins, rinse repeat, profit
     
    #906     Feb 28, 2024
    Sprout and semperfrosty like this.
  7. johnarb

    johnarb

    Minor update on the MSTR call options position. Moved up the 2nd level of 6-figure value. Onwards...


    upload_2024-3-1_15-13-21.png
     
    #907     Mar 1, 2024
    jbusse, NoahA and semperfrosty like this.
  8. johnarb

    johnarb

    Just a minor update, mstr call options position skipped some 6-figure levels and went straight to 5th level of 6-figure value (a little lower at the moment)


    upload_2024-3-5_9-40-10.png
     
    #908     Mar 4, 2024
    semperfrosty, NoahA and jbusse like this.
  9. Overnight

    Overnight

    40K later, I get no love. :-(
     
    #909     Mar 5, 2024
  10. johnarb

    johnarb

    If you put money where your mouth is, you would not need any fake internet love from anonymous ET posters

    You would be happy enjoying the profits of your correct call
     
    #910     Mar 5, 2024
    NoahA likes this.