Sanrith Descartes
I was forced to self-deport from the /pol thread
- 49,412
- 134,239
Please let me know if this rally fails and that I should close out my IBIT Puts early. Kthxbye.
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Investing General Discussion
- Thread starter Furious
- Start date
Tmac
Adventurer
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Jysin
Bronze Baronet of the Realm
- 7,148
- 5,645
I have a dirty UNH secret. I posted here I stopped out on break of the 100D. It isn't typical to reverse my decisions so quickly, but I did indeed rebuy lower at $311.
Current position:
My previous profits from the name (two trades in and out previously).
Hoping we can finally round out and get past the wall of worry dragging on this name.
Current position:
My previous profits from the name (two trades in and out previously).
Hoping we can finally round out and get past the wall of worry dragging on this name.
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Why do they say BNPL is the worst debt? I only used it once just to see what the hype was (on a cowboy hat lol), and 0% interest was pretty great. I see the appeal. If I could BNPL on my next house I would do it.
Sanrith Descartes
I was forced to self-deport from the /pol thread
- 49,412
- 134,239
Closed my Dec Puts out. I was up about 75% and said, why be a hog.
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Sanrith Descartes
I was forced to self-deport from the /pol thread
- 49,412
- 134,239
Serious question. If you can buy/sell BTC directly through your broker, what purpose does MSTR serve?
Flobee
Ahn'Qiraj Raider
- 3,057
- 3,554
Leverage. The selling point is increasing Bitcoin per share over time.
Fogel
Mr. Poopybutthole
- 15,322
- 64,829
I imagine people with poorer credit only have access to more predatory BNPL's then what you used.
Furry
Email Loading Please Wait
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What if you really like funding a tax fraud's private jet?
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Sanrith Descartes
I was forced to self-deport from the /pol thread
- 49,412
- 134,239
Sanrith Descartes
I was forced to self-deport from the /pol thread
- 49,412
- 134,239
Flobee
Ahn'Qiraj Raider
- 3,057
- 3,554
It only works if Bitcoin per share increases over time. You have to switch the denominator from USD to BTC. I'm not making a qualitative statement, just trying to be accurate about the intended goal as stated by the company.
Blazin
Creative Title
- 7,598
- 37,840
Using leverage is kinda ez no? Just watched the CFO interview of him bragging about how little leverage they have/use, so why not just leverage your BTC if that is what an investor wants.
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Sanrith Descartes
I was forced to self-deport from the /pol thread
- 49,412
- 134,239
I get what you are saying. If he debases the currency less than the value of the BTC he buys with the new proceeds then I am a winner. Or... you just buy the BTC yourself.
Option 1 has potential to return a higher alpha than option 2. Option 1 also has the potential to assfuck you royally on share debasement where that risk is non-existent with option 2.
Here is the challenge for an investor. You cannot quantify those risks and rewards in option 1. Its nothing but hopium. Option 2 is like buying the SPY. It might actually go down if the market goes down, but your net fee is written and the only uncalculatable risk is the underlying asset moving against you. You dont have to worry about State Street issuing a billion news shares to buy a Gulfstream. SPY cannot go down if the underlying asset goes up.
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Sanrith Descartes
I was forced to self-deport from the /pol thread
- 49,412
- 134,239
Sanrith Descartes
I was forced to self-deport from the /pol thread
- 49,412
- 134,239
Blazin
Creative Title
- 7,598
- 37,840
BTC is bigger than Saylor and he is likely the epicenter for this decoupling but in the end BTC has to be bigger than him and I think it will be. Best advice Saylor gives "Buy Bitcoin" . I don't think he is a shitbag, I may be naive on that but I think he even avoids saying Buy MSTR because he knows thats stupid. He is telling you that is stupid all the time as he takes your over paying and buys the thing you should be buying.Flobee it might seem as I come off as anti-crypto but I am not. I am anti-bad investment. Doesn't matter if its a bond, stock, SPAC, meme stock or coin (metal or ethereal). What began as a good investment has turned into a financial clown show under Saylor.
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