Search results

  1. Arden

    Bitcoins/Litecoins/Virtual Currencies

    I haven't found one. If there was a better place doge would be even higher than it is. Everyone is struggling to find a place to buy/sell. I still use RH even though they suck bc they are free and I'm already set up there. Places like gemini and coinbase will fuck you with fees.
  2. Arden

    Bitcoins/Litecoins/Virtual Currencies

    If you had invested 1k in doge when you posted this yesterday and sold right now, you would have made $310.
  3. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Here's a super interesting question that no one can answer: When you buy doge on RH you aren't actually buying doge, you're just betting on the price. You never possess or own actual doge, even though your RH account indicates you do. You can't xfer doge off your RH account for this reason-...
  4. Arden

    Bitcoins/Litecoins/Virtual Currencies

    It is ridiculous. Ridiculously lucrative.
  5. Arden

    Investing General Discussion

    Any of you guys scouted the following SPACs? Going to pick them all up Monday (sans new info): CPUH.U TVAC ETACU AAC-UN COVAU
  6. Arden

    Bitcoins/Litecoins/Virtual Currencies

    My understanding is that you pay capital gains taxes on both stocks and crypto. If you hold either asset for less than a year, you pay the short-term capital gains tax. If you hold either asset for more than a year, you pay the long-term capital gains tax. Please let me know if this is incorrect.
  7. Arden

    Bitcoins/Litecoins/Virtual Currencies

    I'm assuming at the end of the year I'll have to pay capital gains tax on my profits...? Same as stocks right?
  8. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Ok, here's a question for the crypto guys- if we assume China goes all in on crypto and it blows up, which crypto should we be investing in? BTC?
  9. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Yeah... Elon and even Gene Simmons have been pushing doge and it's keeping it steady and even bumping it a little. I'm guessing when they stop pushing it will dip. I keep making money hand over fist every time I buy doge so I'm thinking about investing again at the next dip. Still doesn't...
  10. Arden

    Investing General Discussion

    Wow, higher than I thought it would be. Makes sense though. I guess I'd have to really like the guys with the 176m IPO.
  11. Arden

    Investing General Discussion

    For context, what's "very small"?
  12. Arden

    Investing General Discussion

    SPAC question: I'm evaluating a few newer SPACs for investment and I know we look for: 1. Early entry- less than $11 2. Well-known sponsors with a history of success 3. SPACs that are looking to attach to a sector we like (tech, healthcare, transportation, etc) But how much does the IPO size...
  13. Arden

    Investing General Discussion

    Lol I must be dense. I though we didn't give a shit about warrants because (with a few rare exceptions) no one is holding a SPAC beyond the first big rumor bump? Have I totally missed what you guys are saying? I thought it was buy SPAC units early, wait for a rumor bump, sell, rinse and...
  14. Arden

    Investing General Discussion

    But ultimately I want whichever "U" designation they are using, not the "W"?
  15. Arden

    Investing General Discussion

    Thanks. So if you just want the stuff that most people on this board are buying, it's "U" right? Because units don't drop to less than $10?
  16. Arden

    Investing General Discussion

    Can one of you smart SPAC people explain what the suffix ticker designations for SPACs mean? For example, I read about Ares Acquisition Corp as an exciting new SPAC that was supposed to have the ticker AAC. I can't find just "AAC" though, only AAC-UN. I've seen this with other SPACs too...
  17. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Anyone here mess with Webull? Seems similar to Robinhood. They recently enabled crypto trading, but they seem limited in the coin types they have so far. Best part about them is you can trade crypto for free. Assuming they add additional coins in the future, this seems like a good...
  18. Arden

    Investing General Discussion

    So one of the newer SPACs I scouted was: Omega Alpha SPAC- Opened 1/7/21. Biotech field. Jefferies LLC and Morgan Stanley & Co. LLC are acting as joint book-running managers for the offering. Raised $120m in IPO. 120m seems kind of low. Should I be avoiding SPACs under a certain amount...
  19. Arden

    Investing General Discussion

    NAV = Net asset value (NAV) ? What's that mean for a SPAC?
  20. Arden

    Investing General Discussion

    Really no reason not to just go balls deep if you get in near 10. Got nothing to lose and everything to gain.
  21. Arden

    Investing General Discussion

    Yep, pretty much exactly what I read. That was one of the "disadvantages" I read about SPACs... The managers are going to make the merger happen even if it's a bad one. But that doesn't affect you if you jettison the SPAC prior to merge. Still trying to figure out the downside to SPACs...
  22. Arden

    Investing General Discussion

    So ideally, hope to buy a SPAC for 11 or under and sell for 14-16 within 6 months?
  23. Arden

    Investing General Discussion

    What's considered a homerun with a SPAC? Sell at $20? Double up?
  24. Arden

    Investing General Discussion

    Heard a rumor about a pairing with Archer Aviation. But it's just a rumor. Will probably hold off since I'm still very much learning and getting a feel for things. Going to stick to the under 13 SPACs while I get my feet wet.
  25. Arden

    Investing General Discussion

    You guys think it's too late to buy IPOF at around 16?
  26. Arden

    Bitcoins/Litecoins/Virtual Currencies

    People definitely pumping. It's a war between the pumpers and the sellers.
  27. Arden

    Bitcoins/Litecoins/Virtual Currencies

    You aren't still holding it are you?
  28. Arden

    Investing General Discussion

    Hearing a lot of twitter chatter on cannabis stocks. Which ones you guys snatching up for the big gains? SNDL has been popular, I know, but people saying lots of room for growth still. Any others?
  29. Arden

    Bitcoins/Litecoins/Virtual Currencies

    yeah, my bad- misread your post
  30. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Shit man- you think it's going to get that high? I was going to be shocked if it broke .10
  31. Arden

    Bitcoins/Litecoins/Virtual Currencies

    I mean I'm totally guessing here. The "group buy" thing today isn't scheduled until later today, so I'm kind of imagining it building momentum all day. Last time it bounced off .08, but this time it might not even get back there or it might blow past it. That's kind of why I'm fielding...
  32. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Ok crypto bros, here's the question. I'm seeing a pattern pretty much identical to the last time doge jumped up to ridiculous heights: steady increase, lots of twitter blue check chatter, Elon tweet, planned buy time tonight, etc. This is almost certainly a pump in dump (imo). Last time it...
  33. Arden

    Investing General Discussion

    Sad is the only word for it.
  34. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Doge may be a joke, but it's been a really, really good joke for me so far.
  35. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Worth a listen.
  36. Arden

    Investing General Discussion

    Don't use RH under any circumstances. Their UI is very slick and they make things super easy. But I can't describe to you how frustrating it is to be cockblocked by your own brokerage. Frankly, I don't even care if it was incompetence or collaboration with the hedge funds. There's no excuse...
  37. Arden

    Investing General Discussion

    Oops I mean 200,000, not 2,000,000. Added an extra 0.
  38. Arden

    Investing General Discussion

    I went ahead and bought 2000000 myself. What the hell.
  39. Arden

    Investing General Discussion

    Yeah I'll definitely echo that. Cruising the shitshows that are the other boards/discords over the past week has made me really appreciate this one.
  40. Arden

    Investing General Discussion

    Yeah, that's super helpful, thanks man. So if I'm reading that right, you want to get in near IPO when the price is still around $10. Then you hold for 4 to 6 months while momentum builds (Catalysts 1 and 2). Then when Catalyst 3 hits, you wait until it peaks and starts to drop, and sell as...