**** not financial advice **** meme coin moodeng was weak, very little follow through on the pump, so I took the loss and converted back to popcat
**** Not Financial Advice, for entertainment purposes only **** In the last bull market cycle, the retail players got sucked in by the NFT mania and some made lots of $$$$ but majority of them did not keep it Will NFT mania come back on this cycle? In my humble opinion, no, not anywhere close to the last cycle when a few hundred $ worth of free mint turned into millions of $ (bored apes) The retail is being on-boarded to crypto bull market of this cycle through memecoins, since last year with bonk and return of some old names like doge and shiba inu, and some new players such Pepe and Wif Popcat is up over 1000% since I mentioned it here 7 months ago https://www.elitetrader.com/et/threads/is-the-crypto-winter-over.372152/page-179#post-5937722
**** NOT FINANCIAL ADVICE **** https://www.coingecko.com/en/coins/popcat I'm revising my plan on memecoin $popcat, will continue to hodl until $5 then re-assess Number or hodlers (wallet addresses) are increasing on a daily basis https://solscan.io/token/7GCihgDB8fe6KNjn2MYtkzZcRjQy3t9GHdC8uHYmW2hr
Theses guys don't have the stomach for that lol...funny you get thumbs up but I did the same thing with bito and nothing but crickets! The problem with leaps is the spread, and overcoming the premium. 20 JUN18 MSTR ATM 178C @ 80 This would be your break even point @ expiry....even if it tracks bitcoin 1:1 this could be a stretch...especially if we have a double correction. However 1SD from today is $382.08
I'd rather short the 220 straddle at 165 with the Jun26 synthetic at 187. I'd probably go with the 230 combo but I think rates will drop to 4% in the 1Q. You have a typo: 25 JUN18 MSTR ATM 178C @ 80
My options position was opened months ago and the expiration is not in June/2025, I said I plan to sell 2nd half of 2025, truth be told it would make sense to sell in Nov 2025 which coincides with previous bitcoin bull market cycle peaks