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  1. Rangoth

    Investing General Discussion

    I always welcome being told I’m wrong with facts, but my current knowledge says this is literally not true. The advantages with 401k, as I understand them are 2. You dont pay taxes on what you put in each year and the potential company match is “free money” and you don’t pay taxes until you...
  2. Rangoth

    Investing General Discussion

    If you are just trying to long term(1 year + or 10-15 retirement type thing). There is not a *huge* disadvantage to a normal brokerage account. You'll only pay long term capital gains when you sell so if you just bought SPY with whatever extra income you had each year there is really not any...
  3. Rangoth

    Bitcoins/Litecoins/Virtual Currencies

    Maybe. It’s not that it’s revolutionary but SoFi came at people as a bank first. So if they make getting bitcoin seem simple it will open the door to more folks and if other banks follow it will be massive. I’m thinking of it like those programs of “round to nearest dollar into your savings” or...
  4. Rangoth

    Investing General Discussion

    I started to take that bear MSTR position today. Starting at 5k as I wait for more signals but that's already up ~=10%. Did Jan16 @ 160$/165$. I think that's about as low as it gets so I will sell either as the 15m/30m truly starts to turn north or if it's up 100%+(probably not but possible with...
  5. Rangoth

    Investing General Discussion

    Yall got me doing more analysis on the MSTR play. I was waiting for a drop close to 1mNAV as my thesis was that it would not drop below that because it's a value match. I am going to reverse this play. The dude keeps issuing preferred shares with dividends and the only way he can pay is to...
  6. Rangoth

    Investing General Discussion

    quarterly payments Based on gains at that point in time. I could wait until the end of the year but then I often have to pay fines because I waited. If take a big lhit late in the year I would money back no different than someone who pays more than they should each paycheck on W2 so trying to...
  7. Rangoth

    Bitcoins/Litecoins/Virtual Currencies

    ‘I am blown away at the volume and amount of stupid fucking bets on that site lol. It’s pretty awesome.
  8. Rangoth

    Mugshawtys

    You should get a thread ban for putting that in “mugshawtys”
  9. Rangoth

    Investing General Discussion

    If you are not a regularly active trader but want to be aware of these type of events to take advantage of opportunities or otherwise just be aware I would go back to not looking to avoid the stress and maybe setting some price alerts. Say for instance you keep money on the sidelines, to buy...
  10. Rangoth

    Investing General Discussion

    You can probably do that on anything. Almost all of my individual picks have gone down ~10% or more in the last 2 weeks or so. Even BTC keeps bouncing off 100k and I highly doubt it's out for the count, so even that would be be a good 15-20% gain when it heads back up to 125k where it had...
  11. Rangoth

    Investing General Discussion

    Not really with a private cold wallet, but still because of the ledger they can trace every single fraction of a BTC and keep "blacklisting" any wallet that receives money until eventually it's hits a KYC wallet or legit business which gets fined. There is never any way to "wash" it like cash...
  12. Rangoth

    Investing General Discussion

    ‘the point of can’t be printed/inflated is not to be underestimated as it gains traction. Not just the US but not a single economy couldnt ‘inflate’ their way out of shit policy if BTC were truly adopted as reserve(hint that’s why it will never be) you’d also HAVE to balance budgets Which means...
  13. Rangoth

    Investing General Discussion

    I have absolutely bought and sold PUTs against MSTR many times. I didn't do it during this recently downward trend and I really should have considering hindsight :) You are correct that he seems to be biting off a bit more than he can chew with all of these preferred shares, dilutions, etc...
  14. Rangoth

    Investing General Discussion

    Dude put his money where his mouth is at least. Saddle up. I’m a bit busy with work so not paying attention as much as I normally do and no short term plays last 60 days or so. I have noticed that my 6month bets are all showing 2+:1 call to put ratios but still declining daily MAs. So I am not...
  15. Rangoth

    Investing General Discussion

    A fucking billion dollar bet against. i feel like that could move the market even on PLTR?(didn’t look up market cap) im also interested in the dates because that’s just insane. I suppose if you trailing stop a buy far enough out it would work. But depending on date I feel like my money is put...
  16. Rangoth

    IT/Software career thread: Invert binary trees for dollars.

    Good luck man. I’ve had many jobs over the years, the people are what matters most. You spend more than half your day with them
  17. Rangoth

    Investing General Discussion

    Yea earnings mean shit for MSTR. No idea what his long game really is beyond being the BTC bank of the world or some shit. But it’s approach that mNav of 1 I’ve been eyeing for a while now. If it hits I’m in pretty hard(I think, current situation and no crazy new variables)
  18. Rangoth

    IT/Software career thread: Invert binary trees for dollars.

    I’m working in a lab with some “developers” this week and got to see one of these. Code agents for the first time. I’ll admit it was neat and I could see how in good hands it would be helpful but holy fuck what I saw rustled my jimmies. they literally cannot code. They keep asking the agent to...
  19. Rangoth

    Investing General Discussion

    Tread carefully. I was seeing this pop up in various circles for weeks and finally decided I’d go for it at the first sign of the shift. I posted but it was 1$ and I immediately sold the call at that strike. Made 14%. Could have made 900% lol at absolute peak. But my ability to time that shit...
  20. Rangoth

    Investing General Discussion

    lol, it was always a joke. The Reddit posts of people buying in a 5.00+ blow my mind. But joke or not, there was some real money made(and lost)
  21. Rangoth

    Investing General Discussion

    like everything the world will adapt but this absolutely has the potential to become a disruptive force in the next few years. Just like HFT changed things previously. The dust will settle but damn if it won’t shift things. im not sure how it all works, if its technical only or...
  22. Rangoth

    Investing General Discussion

    I wasn't aware of where the custody was for each. I suppose all the major plays using Coinbase for custody actually lends to a potential long term play on COIN if that seems to be the US corporate holding platform of choice. Thanks!
  23. Rangoth

    Investing General Discussion

    Speaking of a hedge, what is the best vehicle outside of actual BTC to go with in the standard market? Any thoughts? I've been reviewing the charts of IBIT/FTBC and BTC-USD over the last 1-2 years(the funds dont have full BTC history) and they seem to track within 1%. It's really hard to tell...
  24. Rangoth

    Investing General Discussion

    Yea, MSTR is way down and mNAV is the lowest it's been a while. I've been watching it to see when the 15m(minute) and then slowly 30m/1d MA's start to cross as I think it would be a good time to get back in since MSTR tends to move quick, but it just keeps dropping. They keep issuing tons of...
  25. Rangoth

    Investing General Discussion

    This is the piece I have a hard time wrapping my head around as said above. I worked my whole life to hit a goal and now I'm not even sure if i am really there. :(
  26. Rangoth

    Investing General Discussion

    I did, but because I don't have steel balls I got the smallest piece ever :( Never go broke taking profits and all that but I knew this was a meme short squeeze from reddit so I bought in at 1.03 for like 1.5k and then immediately sold weekly CC for about 15% so I was super happy! And I could...
  27. Rangoth

    Solar Opposites

    I don’t remember specific seasons and episodes as I joined this party quite late. So I’d have to check. Like any of these cartoons I try not to read into them, they are great bedtime background noise or cooking background noise when I want listen and laugh but don’t really need to watch fully...
  28. Rangoth

    Solar Opposites

    I actually like this show. The concept of the wall is awesome even if some of those episodes are a bit lame.
  29. Rangoth

    Investing General Discussion

    On the MSTR...it's not quite there yet, but what I am waiting for is the 15M chart to cross back over with strong signals. I think when that happens it could easily go back to 350$+ in short order (which is over 10%!) So this is what I am watching. It tried to do this around 310 a few days ago...
  30. Rangoth

    Investing General Discussion

    agree which is why I’m watching closely first. I would gain some confidence at mNAV of 1 for sure. While anything is possible it’s basically a pure ass valuation at that point. Is it def. Muddled due to all his leverage instruments though. i Also love IBIT and BITO has been extremely good to...
  31. Rangoth

    Investing General Discussion

    I don't actually believe in the company from a philosophical perspective, but MSTR is nearly a pretty solid low and potential support around 300$. mNAV(share to bitcoin basically) is about 1.4 which is on the historically lower side. I am eyeing another entry to this soon as this stupid thing...
  32. Rangoth

    Assassin's Creed Shadows

    I played the Rome one and loved it, play Valhalla one and meh. Part of it is my own fault for running around collecting every dot on the map like an OCD asshole so I burned out. Also had maxed everything so content was a joke. but still the story wasn’t as good and the DLC stories were even...
  33. Rangoth

    Investing General Discussion

    I have wheeled that a few times, think I even posted it, but it tends to be a bit meme style for me, or at least it was. It's mNAV has been dropping solidly for quite some time so before I go in for real or long term on that I am waiting to see how it flushes out. My best "true bitcoin" exposure...
  34. Rangoth

    Investing General Discussion

    As we all know nothing is guaranteed but that fact of never below the 50w line would be a trigger for me to buy calls. But other than ETFs on bitcoin I don’t really know how to do that directly and I have no desire to try and do so on some shady platform outside of IKBR/Fidelity
  35. Rangoth

    Investing General Discussion

    If correct, and with the finite supply, that should be a major price driver in your predicted timeframe
  36. Rangoth

    Investing General Discussion

    I’m just hanging out with my iPhone so not doing deep research but my 20,000ft high suspicion is that the general population is either trying to figure out if gold or bitcoin will win so they are somewhat tethered. I think a major “bitcoin positive” news piece like banks storing bitcoins...
  37. Rangoth

    Investing General Discussion

    Long term no, but it does seem like it’s starting to match market more closely. Not sure if we’ll get another +300% year in BTC unless something fundamental changes.
  38. Rangoth

    Bitcoins/Litecoins/Virtual Currencies

    He did say in his post, which is true and like gun control, leverage wasn’t the problem, it was the hands/mind that used it. Pretty rational for someone who just lost 60 million. Id kill myself, but then again if I had 60 million I’d also have it so stable(SPY) and just live off dividends or...
  39. Rangoth

    Bitcoins/Litecoins/Virtual Currencies

    So business as usual?
  40. Rangoth

    Investing General Discussion

    I suppose any solid company heavily hurt by poor relationshi with China, if you believe the political US/China climate will eventually reduce in tension, they tend to go right back to where they were. Big risk/big reward I guess.