Search results

  1. Rangoth

    Bitcoins/Litecoins/Virtual Currencies

    ...and filecoin is filecoin is at 190$ and showing no signs of slowing down. Anyone understand the future for this coin? I'm tempted to buy a few(5-10 nothing crazy) more coins in the hope it takes the route of bitcoin.
  2. Rangoth

    Bitcoins/Litecoins/Virtual Currencies

    Hindsight is always a bitch but one of the, apparently not so shitty alt coints I bought was filecoin. I spent 250$ on it at 22.75$ per filecoin....its now over 140$ I read into a little to try and figure out why, sure someone knows more than me but basically you "mine" FileCoin by running a...
  3. Rangoth

    Bitcoins/Litecoins/Virtual Currencies

    I dont understand or trust crypto enough to day trade either, plus fees tend to be high I look at it as pure long term at this point. I just add more to my investment when i see a “low” and let it keep piling. My goal/hope is that in 5 years bitcoin is 500k and etheruem is god knows what. Put...
  4. Rangoth

    Bitcoins/Litecoins/Virtual Currencies

    When and where will coinbase be listed? I actually have faith in a big early jump with this stock.
  5. Rangoth

    Investing General Discussion

    Not so much worried about profits as I didn't invest much, just curious as to how try and gauge the upper limits of this thing. That's one thing I still suck at, I can understand the DMA/Support/Resistance stuff, but I can never tell if this is at an all time high because the market is or...
  6. Rangoth

    Investing General Discussion

    Anyone watching FQVLF? I bought this thing on a hunch and some reading last fall for about 8.00 or something. Now it's $24.00+. Sadly I was playing it safe like I always do so only bought about 500$ worth :( Tempting to sell but also tempted to just let it sit since it's not much money. Any...
  7. Rangoth

    Bitcoins/Litecoins/Virtual Currencies

    If you dont need the money or are not trading swings I would honestly just hold....the alt coins(i hold about 20) seem to swing up and down about 10-20% every week or two. Its like clockwork but there also seems to be a slow net positive overall(viewed longer term). For example i bought...
  8. Rangoth

    Bitcoins/Litecoins/Virtual Currencies

    I mean, the US will absolutely try to make their own coin they can manipulate or fuck with. I would never put that past any government, but I'm not sure it can eliminate the positions on BTC. In fact, other than "banning" it, which again I am not sure how you enforce or do that, can anything...
  9. Rangoth

    Bitcoins/Litecoins/Virtual Currencies

    I wouldn't worry, unless you are real heavy into strange alt-coins. If my normal stock type portfolio dropped 20% in 5 minutes I would seriously be reviewing my positions and the cause to figure out the what the fuck I should do, assuming I didn't already plan for this. That is meme stock level...
  10. Rangoth

    Everything Options

    Gotcha, but if the stock did not have such a high IV there would be no need to buy the 26PUT for the most part though if I am understanding correctly. The reason you would do that in this case is because this stock swings like mad and you want to avoid hold 100 shares as it plummets to 0$(or...
  11. Rangoth

    Everything Options

    That's kind of how I feel when I see people talking about new stocks every day here. By the time I read about and figure out what it is and what's going It's already made so much movement that it's too high risk for me to want to get in being bagholder dude who bought it at the top of it's peak...
  12. Rangoth

    Everything Options

    Cool and thanks for the input, I understand the way all of that affects the premiums, but I was curious if you basically do a top down approach or down up approach, so to speak, with how you look for opportunity. For example I have been picking stocks I like and maybe want dividends for(aka...
  13. Rangoth

    Everything Options

    Is your starting point stocks you wouldnt mind owning and then looking for good opportunities or do you search based on criteria and then look for stocks you wouldnt mind owning?
  14. Rangoth

    Bitcoins/Litecoins/Virtual Currencies

    Im sure it will beworthless, but also took 10 minutes of my life while the girl watched some garbage
  15. Rangoth

    Bitcoins/Litecoins/Virtual Currencies

    Ok, at this point I'll admit I am dumb. I understand if I follow an invite link I am joined with someone, but I am already joined, so not sure that is possible. When I click on the "add to my security circle" I get 2 choices.... Existing member Invite from contacts Assuming I want 1, it does...
  16. Rangoth

    Bitcoins/Litecoins/Virtual Currencies

    Ahh, just figured out the PI problem I was having. Correct if I sign up via the link you would be a "contact" and in my security circle thus increasing my pi rate, but if you are not the original link and I got "add upi user to my security circle" it apparently only shows people in my contacts...
  17. Rangoth

    Bitcoins/Litecoins/Virtual Currencies

    For this Pi thing, are we all in a security group/contributor group? I can't figure out how to add people by name
  18. Rangoth

    Bitcoins/Litecoins/Virtual Currencies

    This is why I struggle to see how it can ever become a "commonly used" currency. That and the fucking volatility in that my 2$ soda will have cost me 500$ if I waited a week :( BUT, as a way to make money simply by buying and selling, crypto is fucking awesome. Honestly you could have picked...
  19. Rangoth

    Investing General Discussion

    Assuming you mean TraderPro or whatever it's called. Top menu: Account -> Positions I actually quite like the app. If you are a child of the modern age then sure things like Robinhood do look nice and slick, but the TraderPro app gives you everything you need in a fairly standard trader type...
  20. Rangoth

    Bitcoins/Litecoins/Virtual Currencies

    Correct. I didn't invest a ton but I put about 250$ into a bunch of random coins hoping one will be the lol explode coin and turn my 250$ into 25k! Overall my profile is fucking skyrocketing, so no complaints, but I don't have much faith in the holding power here. I am however convinced...
  21. Rangoth

    Investing General Discussion

    Does everyone here use a margin account? I do not at the moment as it goes with my risk adverse thing, figured why not just gamble my own money. I get the concept and all, just wasn't sure what most do. Can you choose to use it on some trades and not others, etc? Also, I know they charge...
  22. Rangoth

    Investing General Discussion

    Ahh, good to know. Important distinction!
  23. Rangoth

    Investing General Discussion

    When you sell a put you are agreeing to *buy* the stock at X price. If it stays above that price you do not have to buy it, if it goes below you do(unless you close the option, blah blah). So in a way you are betting the stock will go down, but your maximum theoretical loss would be the strike...
  24. Rangoth

    Investing General Discussion

    Exactly. For example I thought it would be a good idea to own JCI(pays a dividend, mostly stable, etc). as part of my long term goal. Overall I am up over 100%, but this is after about a year and of course I am still holding the stock. So for me a somewhat aggressive(either at strike or close...
  25. Rangoth

    Investing General Discussion

    Thanks, that part makes sense. So basically like anything you want the cash back asap to put it to future use. Using the silly example above holding to expire to keep that extra .30 is not as good as repeating the process. Got it :) I've been using puts on stocks I actually want(opps). If it...
  26. Rangoth

    Investing General Discussion

    Curious about this. When you write a put, just to make sure I understand, you are receiving 1.85$ premium, correct? So what is your actual goal with this type of maneuver? Do you actually want to own the stock at $15? Are you hoping it will expire above $15 and thus you just bank the premium...
  27. Rangoth

    Investing General Discussion

    I just transferred to fidelity. It was pretty painless, I did it from the fidelity side. Sad part is they say it can take up to 10 days...so not sure how long it will really take and I'll update the thread if people care when it's over on whether or not I encountered any issues. There was a line...
  28. Rangoth

    Investing General Discussion

    So I think I am finally ready to switch platforms :( I close Robinhood shortly after the fiasco, but 90% of my trading was on eTrade(inoino, lol @ me). But for the most part it worked perfectly and I never had any issues to be honest. The last few weeks/months the system seems flat out broken. I...
  29. Rangoth

    Investing General Discussion

    Is there a specific reason for this or just company loyalty and that's where your money is?
  30. Rangoth

    Investing General Discussion

    You can start with small amounts like 200$. I did. It is a little more challenging since some things are simply beyond your price point, but you can still do well. The biggest fail i made early on was dreaming too big. 11% doesnt seem like much with 200$ since its only 22$. But remember it was...
  31. Rangoth

    Bitcoins/Litecoins/Virtual Currencies

    I know the day is coming for sure. That's why I have a max of about 2k in them any given day. As I said above I basically swap the money from coin A to coin B every day-3 depending on swing. I keep the profit and reinvest the original money. Thus far it's been awesome! If I can keep this up for...
  32. Rangoth

    Bitcoins/Litecoins/Virtual Currencies

    @Mario Speedwagon I hear you, I really do....but the "overall" market(at least according to coinbase) is literally up about 24%+ daily....like what the fuck? I would say in general all of the coins are rising, but obviously there are bigger/better players amongst themselves. But this is fucking...
  33. Rangoth

    Bitcoins/Litecoins/Virtual Currencies

    I am so ignorant to this altcoin shit. I basically invested about 250$ into a bunch of random ones with the long game of maybe one of them will "make it". Overall I am up huge so no complaints, but it is so fucking confusing. I struggle to understand the real-world "value" these fucking things...
  34. Rangoth

    Investing General Discussion

    It's(TBCPU) is not doing much, actually went down from 10.67 to 10.58 so I'm actually losing right now ;) But it did not start trading until about 30 minutes ago, so I'm sure it will be fine.
  35. Rangoth

    Investing General Discussion

    Im no expert but there is another SPAC out I believe if people want in, currently at 10.67, TBCPU Not personally promoting it, I just know people like to get in early.
  36. Rangoth

    Investing General Discussion

    Ahh ok, that's my point though. You have some target you want to hit and you just watch closely for it approaching, or I suppose bombing so you can get out before it gets too bad. Why can't a trailing stop be used? Is it just my broker(etrade) or is this normal?
  37. Rangoth

    Investing General Discussion

    @Sanrith Descartes Since it is not possible to put trailing stops on those types of trades, BTNB what do you typically do? Just set new safety limits as it goes up, watch it all day, etc? Or do you just generally hold until you hear a merger announcement then dump? I'm not so much asking for...
  38. Rangoth

    Investing General Discussion

    Anyone know whats going on with AACG today? up 800% but I am trouble finding information and I'm pretty sure I missed the boat on this one.
  39. Rangoth

    Investing General Discussion

    Can only the buyer chose to execute early? Otherwise I think I am missing something.... For instance, I saw a stock currently trading at 19.93$ with a sell put months out for 17.50$ w/premium of 4.10$. This means someone will pay me 4.10$x100 for me to be required to purchase the stock at...
  40. Rangoth

    Investing General Discussion

    ok, Yea...new guy back :( sorry for using the forum as a learning platform, but honestly not sorry too. I like this place and trust people. So anyway, in case there are others like me, my experience with the market up until the GME thing was basically put a flat amount of my paycheck every week...