Bitcoins/Litecoins/Virtual Currencies
- Thread starter Tripamang
- Start date
Tmac
Adventurer
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Arden
Blackwing Lair Raider
- 2,962
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Nada. I mean im almost entirely in BTC, silver, gold, and a few miscellaneous things. Took a hit with BTC like everyone but nothing realized. And im not stupid enough to sell and realize it. It will be right back up at ath soon. The thing about the current scam is that it's super predictable. We've done the tariff dance all year. If youre falling for it at this point you probably shouldn't be investing your own money.
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Jysin
Bronze Baronet of the Realm
- 7,046
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Jesus. That’s insane
No idea what I’m looking at for “leaderboard”, but if taken at face value, why the fuck are you margined to the tits if you have a $60m balance?
Again, assuming the person is real, how greedy can you get? You could literally have cashed out everything at $60m, threw it into the most boring ass long term US treasuries and lived off approx $3m USD per year for decades and never touched the original $60m investment.
I don’t get people.. or my financial aspirations are seemingly mundane.
No idea what I’m looking at for “leaderboard”, but if taken at face value, why the fuck are you margined to the tits if you have a $60m balance?
Again, assuming the person is real, how greedy can you get? You could literally have cashed out everything at $60m, threw it into the most boring ass long term US treasuries and lived off approx $3m USD per year for decades and never touched the original $60m investment.
I don’t get people.. or my financial aspirations are seemingly mundane.
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Jysin
Bronze Baronet of the Realm
- 7,046
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I don’t know what that leaderboard is. I was reading it as he had 60m that got liquidated and has $450k left. If what you are saying is true and he had a 450k account that is now on the hook for 60m in losses, that guy is fucked.
More to the point, the broker is fucked. I can’t imagine their systems wouldn’t have auto-liquidated to protect their own risk. This is why I’m assuming the 60m acct reduced to 450k.
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Lambourne
Bronze Baronet of the Realm
- 3,597
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450k is what he has now, 60.8M loss over 24h. So he had about 61.2M Friday morning.
Crypto margin trading is playing with explosives. They think it won't happen to them because they're smarter than everyone else and read a lot of twitter posts. But it will.
Buffet was right, successful investing doesn't need brains, it needs temperament.
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Jysin
Bronze Baronet of the Realm
- 7,046
- 5,450
In which case, see my previous post. Could have sailed into the sunset, not just figuratively, but literally on a yacht with $3m in interest income from Uncle Sam annually.
These people are retarded.
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Lambourne
Bronze Baronet of the Realm
- 3,597
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It's from Hyperliquid, which is a perfect Venn diagram overlap for gamer/crypto/social media addicts because it gives them a ton of data to ponder over and a scoreboard where they can try and outdo each other.
Basically Gearscore/Warcraftlogs for crypto bros, where they can completely forget about the actual game they're playing and use 50 add-ons to make number go up on an external site.
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Asshat Foler
Chief Philosopher
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TJT
Mr. Poopybutthole
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This guy sounds like an absolutely massive faggot.
This isn't some noble cause here it's straight leveraged trading for the sole and singular purpose of making money, and he does it for making money's sake. Why does he frame it like one?
Lambourne
Bronze Baronet of the Realm
- 3,597
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Gamified investing reinforced by social media engagement. Can even see it in the way he talks about crying at his wife and talking about wanting other men to be comfortable being vulnerable. It's classic virtue signaling language that gets maximum updoots. Guy is a crypto equivalent of insta thots that ruin their bodies with botox and plastic because it gets more clicks.
Smartphones and social media really did a number on a generation.
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Rangoth
Vyemm Raider
- 2,170
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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 some low delta CCs jesus this dude is insane
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 some low delta CCs jesus this dude is insane
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Sanrith Descartes
Its all the Joos' fault. Am I doing this right?
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