Today is a good day to --

Discussion in 'Crypto Assets' started by The_Krakenite, Aug 22, 2022.

  1. Do just about anything but nothing.

    The bear-market rally already ran out of steam on Friday. Certain Nasdaq stocks fell so hard that Coin for example is on short-sale restrictions and up-tick rule is still enforced today as the markets were still not happy again this Monday. :sneaky:

    My IBKR trading account has another 1.8K in dividends paid out this month, with another $500 from BMO short-PUTs that expired friday OTM. So I felt like buying even more ETH one last time before the Merge. :fistbump:

    The ETHX (CI Galaxy Ethereum ETF) was down to almost $8 a share this morning. I put in a limit-order for $7.5 and got an immediate fill at $7.38 (CAN). :D

    For 1K shares purchased this dropped my basis down to almost a full tick, as I have now accumulated half a block-order worth since these ETFs hit the market last year.

    Now... to sit and wait. I need to stop buying Ethereum, but if it goes through many more discounts pre or post merge, then I won't be able to resist adding more fuel to the fire.



    Screen Shot 2022-08-22 at 4.30.52 PM.png
     
  2. TheDawn

    TheDawn

    The recession is coming...Brace yourself!!
     
  3. Bro, we've already been in it for over 6 months now...
     
  4. Tokenz

    Tokenz

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    We are retesting this curved resistance and will either shoot straight up or get rejected by the resistance line. Hopefully the latter.
     
  5. maxinger

    maxinger

    I thought I read it as
    Today is a good day to get laid.