Tero's Crypto Corner

Discussion in 'General Discussion' started by terosis, Jun 20, 2017.

  1. AgelessDrifter

    AgelessDrifter TZT Neckbeard Lord

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    I dunno if I like the sound of his gubernatorial platform but I did enjoy listening to him dismantle that anchor
     
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  2. AgelessDrifter

    AgelessDrifter TZT Neckbeard Lord

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  3. Octavionn

    Octavionn Non-Financial Advisor

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    Same. lol. It was all good up until he started talking about recalling Gavin Newsom.
     
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  4. Red

    Red TZT Neckbeard

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  5. Octavionn

    Octavionn Non-Financial Advisor

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    Yep... The Mods at WSB have calmed my weak hands. I have more resolve now than ever. GME is still shorted around 138% or some ridiculous number. I'm waiting for the blastoff epic squeeze that pumps it $100 - $200 in a matter of minutes.... and then $300... or higher. hehe
     
  6. Octavionn

    Octavionn Non-Financial Advisor

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    I was just shopping on their website too. I'm pretty annoyed that they leave a lot of stuff on their site that they're clearly sold out of. That was annoying trying to go through each page. I did order a Lord Zedd & Rita Repulsa that was 30% off. Would go with my Goldar & Putty army. lol.
     
  7. Red

    Red TZT Neckbeard

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  8. Red

    Red TZT Neckbeard

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  9. Red

    Red TZT Neckbeard

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    [​IMG]
     
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  10. AgelessDrifter

    AgelessDrifter TZT Neckbeard Lord

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  11. Octavionn

    Octavionn Non-Financial Advisor

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  12. Sear

    Sear TZT Neckbeard Lord

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    Out of curiosity, what's the endgame for you fellow GME holders? $1000? $400?

    Let's say it dips tomorrow. Do you bail and just take what you can if it falls below 200?

    I'm already half out, and I actually don't feel terrible about that (even if it jumps to the moon in the coming days). I'm not sure how realistic $1000+ is. I'd love that, of course. But it seems greedy and I suspect the party will end sooner rather than later. $300+ is already insane. There's no secret or confusion to what's happening anymore - the cat's out of the bag. Normal people are wanting a piece of the action now.

    I'm impressed with the WSB solidarity to hold, but the elephant in the room there is that even if everyone bands together to hold to $1000, not everyone gets to sell at that price point. In fact, very few people will. Mass sell-offs just don't work that way. Who is buying? As soon as that drop starts, it's going to fall like a fucking rock. No one will be buying. You might be stuck holding bags that are worth $30 before your sell order goes through.

    It's playing with fire trying to time a sell just before (but not a moment after) it hits the top. I'm just curious what yall are planning since people here are generally pretty smart.
     
  13. Utumno

    Utumno Administrator Staff Member

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    I think ppl here are generally pretty smart but I honestly believe we're all pretty much idiots when it comes to actually having a clue about when this will turn around. I mean all if this is unprecedented right? Even the crypto heyday didn't seem as nuts as this... I think partially because these are real stocks and very easy/accessible to get into, and to have someone like Musk throwing fuel on the fire, and a country full of shitters stuck at home during a pandemic with oodles of time on their hands, and on top of that the Robin Hood (lol) aspect of it (or David and Goliath or whatever you prefer that story)...

    I really think this is absolute randomness/gambling at its finest.

    I will probably yoink out sometime tomorrow unless some other major fuckery crops up that makes me think it has more legs. Though there is a part of me that thinks the grand I have remaining in GME is all profits anyway, and I should just let it ride until it triples or whatever because who gives a fuck if it goes to zero at this point.

    What's funny is my reasons for staying or leaving (at least in GME) are less about pure profit and more about having fun participating in a war vs hedge funds (staying) or dropping out so I'm not so obsessively watching the news/memes and returning to some semblance of productivity at work/home (leaving) Lol!
     
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  14. Octavionn

    Octavionn Non-Financial Advisor

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    The shorts are still around 138% of all GME stocks.... I'm sticking around until I see MASSIVE spikes in a matter of minutes. Like hundreds of dollars. That's when you know the epic gamma squeeze is happening... and skies the limit, unless they can get another billionaire to bail them out. But then the game just keeps on rolling and we keep pushing higher until that billionaire's money vanishes into our pockets. Lol.

    I readjusted my sell levels. 4 Stonks at $666. "Praise Satan!" and hopefully after it hits $666 we see the gamma squeeze where they have to start halting the exchange because its exploding upward and the hedgefunds need to get people to bail them out fast. 10 Stonks at $7777.77
     
  15. Sear

    Sear TZT Neckbeard Lord

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    Same here on all of this. I've actually drove my wife a little crazy by staying up staring at the market movement when I should be sleeping, although she is thrilled at the unexpected money we're making from it.

    I initially bought this just for the meme and fucking over hedge funds. Now that it's popping over $300/share I'm forced to consider the financial aspect of it, though. That's a lot of baby food and electricity bills.

    I'm taking a tiered approach that shifts depending on the events of the day. If it pops over $400 I'll probably sell another share or two & hold the remaining few. If it dumps hard to sub-$200 I might just get out with what I can. I've already locked in over two grand of profit.

    It's not in your pocket until you sell. I just wonder how the selloff portion of this reddit plan will go. It's not like everyone just lines up at the same time and cashes out for their $1000.

    I'm morbidly looking forward to the dump. It's going to be a nosedive for the ages, with all of these former reddit brothers scrambling to find a buyer as soon as that line breaks.

    Not trying to be negative ofc, it's just inevitable. It has to happen at some point. There's no scenario where everyone gets rich.
     
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  16. Octavionn

    Octavionn Non-Financial Advisor

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    The real diamond hands are waiting for signs of the real squeeze where it jumps by hundreds of dollars. Which is the chain reaction where it forces the markets to halt and everytime they get back in its shooting upwards and forcing other shorts to close, fueling the blastoff.

    i cant see the sec getting involved with WSB because the little guys are winning. And that’s a good thing. More people with money to spend and further fuel the economy imo.

    I personally will use these funds for a desk to setup my 3 work monitors amd get me the latest in virtual tech... and a monster of a gaming rig that can last me years. My current computer is 11 yrs old and the thing makes strange writing/reading sounds non stop. =\. And ai cant have more than 20 browser windows open before it starts insanely lagging
     
  17. Octavionn

    Octavionn Non-Financial Advisor

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    Oh and I need a peletron. My fat ass has gotten sooooo fat working from home. =\
     
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  18. Red

    Red TZT Neckbeard

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  19. Red

    Red TZT Neckbeard

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  20. Octavionn

    Octavionn Non-Financial Advisor

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    This is the age of fucking over the short players. Lol. Finally there’s a group with enough balls and enough collective money to counter the hedgefunds that are destroying companies on purpose.

    Now every company shorting something has to be very careful that the shorts dont get too massive... otherwise WSB will a come and take all ur monies. Lol. They’re introducing real fear for players who made most of their $$$ shorting companies.