Warcraft II Forum
General => General Discussion => Topic started by: tk[as] on June 09, 2020, 08:03:39 PM
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I've recently started trading. Seems like some others here are into trading as well. If you're into trading or even just investing feel free to hop in the discussion.
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Anyone hear of SOLO? (Electrameccanica Vehicles Corp) Price currently at $2.54
Friend suggested it to me.. its another electric car manufacturer that appears to be doing some good things.. and there's a lot of speculation it will make some moves because Tesla and NKLA have had a lot of interest lately. People predicting SOLO will get brought up with them.
It's already been pumped in the last day or two from mid 1.30's to 2.54. But i would be surprised it if gets another or two soon.
I'm looking at getting in to see if it makes a big move. hoping to take profits as soon as possible and gtfo of it. Havent made up my mind yet though.
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Shit Tora will you move this. honestly thought i posted it in General Discussion
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I'm not going to play SOLO. i dont have any more day trades left lol.
I will post it's progress.. assuming it gets pumped again in the next day or two.
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KURWA
MARKET IS A COOL IDEA, EXCHANGING OIL FOR GOLD OR WOOD FOR GOLD IN 8 PLAYER FFA MAPZ
OR SENDING RESOURCES TO UR ALLY IN TEAM GAMEZ
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🤣🤣🤣
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Glad I didnt play SOLO today lol
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I have an AAPL put out for August. its way over extended in my opinion.
The whole market is really. Reality has to set in soon. It's due for a massive correction
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its important to know i will continue talking to myself here for ever and ever until others eventually engage in the discussion
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Shut up broke bytch
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Are you using margin? If not, tell your broker you want a cash account and you don't have to worry about the day trade rule.
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Are you using margin? If not, tell your broker you want a cash account and you don't have to worry about the day trade rule.
yeah margin. i thought about cash but it takes like 2 days for funds to settle any way.. which for me doesnt really give me a big advantage over margin
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Massive market correction starting today. It's going to be ugly for a while
my opinion
ive hedged myself pretty decently though. AAPL put. GM and GPRO vertical put spreads.
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DOW jones lost 1861 points holy fuck.... but Green day for me. vertical put spreads and put options paid off.
if there's no type of intervention ... it's going to be a fucking mess again tomorrow.
i dont really see what type of intervention can be done. the FED has already pumped trillions into the market, they know they can't continue to do it without risking devaluing the dollar, driving our country further into debt, and possible hyper inflation.
the only thing i can see that would potentially turn it around is news related to congress coming together to pass another stimulus package.. and i don't think they're ready to do that just yet. but i do think we will see a 2nd stimulus package in the coming weeks/months.
until then, there will be a lot of red days.
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got rid of a couple verticle call spreads. bought a HD put option out till august.
the spring rush is essentially over. people got their plants planted, grass seed spread, fences built...
the U.S. officially announced it's in a recession. Millions unemployed.
I dont see much money getting spent at Home Depot for "fun" projects. just the necessary stuff.
im convinced the entire market is going to take a big hit, but HD seems like it's more predictable.
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i dont think there will be a second stimulus, and i think the entire economy is a house of cards. the options are: an even more expansive police state to keep the have-nots subjugated, or a communist revolution. i hope my input helps you with your portfolio
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Greatly insightful sir
Thank you
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Big thanks to Wargasm for putting me on to the Think Or Swim platform. Has great charts. and great indicators. Navigating the platform took some time to learn but it's good stuff.
This chart is of the Dow jones over the last 3 months. Each "candle" on the chart represents 1 day on the Dow Jones.
The indicator lines moving through the charts are a variation of a moving average (three middle lines) known as Keltner Channels, and bollinger bands (red and green lines) that are for the most part extended outside of the candle sticks and the keltner channels.
If you see the "hi 27850.21" bubble indicating the high of the day, the candle sticks are extended outside of the bollinger bands. That signals overbought territory. It's suggesting the market as a whole is essentially getting too greedy, and that a pull back is likely.
it's pretty rare to see the dow jones go beyond the bollinger bands on a time frame like this. so it was a big signal by itself that a pull back was likely.
next study down is volume. not a whole lot going on there other than maybe some increased volume.. and that there were 7 consecutive green days in a row, when the longest stretch of green or red days prior to that was 3 days in a row. So it supported the argument that the market was most likely way overbought.
next study is the RSI indicator. there are 2 horizontal lines. 30 and 70. If the line crosses 70 mark it turns red which indicates overbought. If it drops below the 30 mark it indicates over sold... so again this supports the argument that the market was in overbought territory, and was due for correction.
next indicator down is the DMI. When red line crosses above red line, it indicates downward trend. stocks moving down. when green line crosses above red line it indicates upward trend. the blue line shows the strength of the trend. when blue line is sloping up the trend(in either direction.. up or down) is strong it has good momentum. sloping down means trend is losing momentum..
so the DMI is showing us that clearly there was an upward trend that reversed momentum on like June 9th... which wasnt as big of a predictor in forecasting the down turn as the other indicators.
but if you were looking at this chart on a daily basis, you would have had a lot of evidence supporting a likely pull back/reversal/correction in the market by June 7th. 2 days before it actually started happening.
(https://i.imgur.com/0bDnmAc.png)
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Tomorrow is a big day for GNUS .. it's a new streaming platform that is extremely kid friendly. tons of solid content from entertainment to educational.
free streaming platform that looks to make profits from ad revenue and royalties from toys sold.
they have partnerships with all of the big names: walmart, netflix, amazon, and many more.
tomorrow is their launch date. it could be an eventful day.
regardless of how tomorrow goes, GNUS is probably a good longer term investment. there is a lot of potential with this company. they're doing everything right.
important to note that they're essentially covid proof. if kids are stuck at home because of covid, the free GNUS streaming platform will be very appealing to parents.
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Welp. FEDS "save" the day again. They announced they will continue overnight REPO operations.. which is basically inject liquidity into the market by buying corporate bonds.. which is essentially another form of a bailout for large corporations.
https://www.cnbc.com/2020/06/15/the-fed-says-it-is-going-to-start-buying-individual-corporate-bonds.html?__source=facebook%7Cmain (https://www.cnbc.com/2020/06/15/the-fed-says-it-is-going-to-start-buying-individual-corporate-bonds.html?__source=facebook%7Cmain)
Here is the current scheduled pumps/injections
https://www.newyorkfed.org/markets/domestic-market-operations/monetary-policy-implementation/treasury-securities/treasury-securities-operational-details#current-schedule (https://www.newyorkfed.org/markets/domestic-market-operations/monetary-policy-implementation/treasury-securities/treasury-securities-operational-details#current-schedule)
this is nuts. the second the market shows signs of behaving like it had some connection to reality, the FED intervened and saved the day.
gonna ride the wave back up until i see signs of resistance. Time to make some adjustments to my portfolio.
i think i'll keep my put options for now, and wait to see what Jerome Powell (chair of the FED) says tomorrow and wednesday. He's supposed to be talking.
But between then and now i'll probably buy a call option. Possibly BA.. I can see another bounce up from them.
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i feel like the more the FED intervenes, the further the market is disconnected from reality... and the further the market gets from reality, the harder the market will react when reality finally sets in. The FED can't pump it forever without serious long lasting consequences. At least i don't think they can.
I think it's going to be a mess when the FED eventually says "ok.. we can't keep doing this. seriously. we're done"
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I went to buy a BA call option this morning.. BA gapped up over night. I figured the BA call option was a good bet after the after-hours gap-up. Went to buy the call and they were more than I was willing to pay.
saved my ass because it just went downhill from there.
i held the APPL and HD puts.. sold a shit stock that wasnt doing anything and that i never should have been in to begin with for more than 1-2 days (LK)
GNUS looking bad.. and its not fun to watch, but i'll almost definitely hold until earnings aug 17th. If it hits $3 im going to have a decision to make tho =/
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Going to play SWBI tomorrow i think (Smith & Wesson Brands Inc). 1 day play.
earnings are on Thursday and guns and ammo have been wiped off shelves nearly everywhere. Im not going to stick around till earnings, but i suspect tomorrow will be another big day for them tomorrow.
edit: ... not sure exactly how long i will play this after looking through the historical chart. if earnings are good (which im pretty confident they will be) it could be in play for a couple weeks.
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in hindsight i should have known the BA call option was too much risk any way. many more covid cases being reported. Beijing basically quarantining itself again. it was stupid of me to think anything airline related could get another pump.
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i feel like the more the FED intervenes, the further the market is disconnected from reality... and the further the market gets from reality, the harder the market will react when reality finally sets in. The FED can't pump it forever without serious long lasting consequences. At least i don't think they can.
I think it's going to be a mess when the FED eventually says "ok.. we can't keep doing this. seriously. we're done"
Exactly. I don't think the Fed will ever actually stop if they can help it, but the whole thing is building toward a massive collapse.
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Not much going on with SWBI today. There has been a lot of consolidation... i think it's just in anticipation for the Earnings. If earnings are good, the stock should celebrate, if not.. it's going to tank. That's my theory any way. I cant see how earnings won't be amazing based on what i've experienced trying to buy ammo.
I'm definitely late to this game, and im kicking myself for not thinking of it sooner. Live and learn.. I do have a window to potentially take nice profits if earnings go my way i think.
(https://i.imgur.com/vhpEWso.png)
GNUS i think has bottomed out. Seems like a ton of resistance around the $3 mark which is good, because thats the mark i really dont want it to go past. Also a ton of resistance approaching 5... massive short sellers. I'm hoping they fade away soon and open the doors for growth before August 17 (GNUS expected to report earnings)
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I'm holding on to GNUS. it got below $3 but it did it the day before a lot of short positions expired. I actually bought more GNUS around the 2.90 mark.
There are still a lot of short positions around the $3 and $5 mark, but i really believe the stock is going to turn around. Big players are buying massive amounts of shares.
The initial growth of GNUS is going to be a tough battle because it burned so many people, so the people "holding the bag" from the initial pump and dump have bad feelings towards the stock, and will sell the first opportunity they get. There are still a lot of short positions on the stock, and its going to be a battle on the way up.. But I do believe the trend has officially reversed, and we should see growth in the coming days/weeks/months. It will be a battle. I'm anticipating a long uphill battle but I feel comfortable staying in it right now.
Still holding my APPL and HD put options, They havent been making me money lately because of the FED's apparent willingness to prop the market up, but with all of this talk of covid, high unemployment, and recession i do think the market is on a downward trend now. I'm expecting the put options to pay off over the next few days/weeks.
I was indeed late to the game on Smith and Wesson (SWBI). the earnings play didnt work out. I got out of SWBI, and im looking for to potentially buy a put option on SWBI... Everyone has been buying their guns and ammo the last 3 months, and they're stocked up for the most part.. and SWBI is typically a "Buy it when shit hits the fan!" typ stock. Shit is still hitting the fan to some extent, but im expecting revenue to decrease for SWBI over the following weeks.
It doesnt sound like the U.S. will quarantine itself if there is a 2nd wave of covid, and it sounds like there will be a 2nd wave.. so im expecting airline stocks, travel related stocks, and other stocks that involve large groups of people in close proximity to eachother to take big hits again.
With the exception of GNUS, i'm extremely bearish on the rest of the market. Looking for opportunities to short companies.
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SHLL and IDEX worth looking into.
Nio and nkla too.
Some more speculative than others
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Going to test a new strategy I was thinking of.
I'm going to use a scanner to find low float stocks, stocks that are really easy to move. Then filter out the ones that have had recent upward moves (10%-200% gainers in a day).. once I've identified those, I'll look at the news on them and pick out 1-2 a night and buy them at market price. Like 100 shares or whatever. Il put a stop loss at 20% Loss for each stock, and a limit sell order for 100%. Auto sell the stock if I get 100% return on it... and then just let it ride.
In theory, as long as I'm right more than 1 out of 5 times, I should profit.
Gonna test it out and see how it goes.
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Hahah I just looked at SOLO and got a headache. Why are they consistently carrying more cash than PPE? And they're running huge operating losses, but only like a 3rd of it is coming from R&D, which seems weird for a company apparently pushing hard to get into a new market (3 wheeled single seat EVs?). I didn't try to figure out why they carry so much cash though.
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I've heard of SOLO but havent looked too deep. I just looked at the 1 day chart of PPE and that is an extreeemeeellyy manipulated stock. you can tell a big player is in there just fucking with people. Tricking them into buying so they can sell. Tricking them into selling so they can buy.
GNC just filed for bankruptcy .. It's currently at .70 a share with a market cap of about 52M. It's gonna be super easy to move, and these new retail investors LOVE playing the "pump and dump" games with stocks just like this (HTZ perfect example)
i got 200 shares @ .56 ... I suspect it will get close to 5 or 6 before getting dumped.. I'll be looking to get out around $4 if the game happens. I highly suspect it will pretty soon.
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I dont know when GNUS will pop.. but i firmly believe it will eventually. and I'm willing to sit and wait for it. Even if it takes a year.. It will be interesting to STUDY a specific stock's movement daily just to try to analyze the psychology behind it. I watch it daily trying to understand why it's doing what it's doing.
I'm in GNUS for however long it takes. I'm probably averaged around $3.00 with GNUS.
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Boeing is dropping like a rock again.. Also all the other airline related stocks.
I'll wait until they bottom out completely and re-evaluate what is going on in the world. As soon as i feel like they're going to start climbing again, i'll put in a call option.. Ride it to the top and put in a put option for the pull back.. take profits and forget about it.
sounds good.. but it will be really hard to time it just right. timing is everything, and it's not an art that i've quite mastered yet =/ .. I generally know that something is going to happen, I just have a hard time accurately predicting when it will happen.
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Watching a youtuber.. something he said hit me hard: It's better to be late than to be wrong.
My problem is that i've been entering positions too early because im confident something is going to happen.. I'm just jumping the gun and then my position takes forever to develop.. a lot of times it goes against me initially.. and it's not been ideal.
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Update on my current positions:
I'm in GNUS, and I feel like 2.20 is the resistance level. We will see if that proves to be true soon. If it holds above it this week, it's probably a pretty good indicator.
I'm back in SWBI and I believe as long as recession fears, covid, protests, and the possibility of Biden getting elected loom, its going to do well. I bet it hits 30 before August.
I'm JNUG also... same reasons as SWBI.. gold is the go-to in these uncertain times.
I'm not in crypto currently, but I suspect bitcoin is going to make a good push up to 10,000 over the next few weeks/months.
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Gnus, swbi, and jnug doing good.
Great day in the market for me!
I was looking back over the years at the dow jones. How it did historically around July 4th. It typically does pretty well, followed by nice growth 2-4 weeks following the 4th, then typically a pretty significant sell off.
I'll be watching the news, but I'll be looking to potentially exit bullish positions in the next 2 weeks
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Going to test a new strategy I was thinking of.
I'm going to use a scanner to find low float stocks, stocks that are really easy to move. Then filter out the ones that have had recent upward moves (10%-200% gainers in a day).. once I've identified those, I'll look at the news on them and pick out 1-2 a night and buy them at market price. Like 100 shares or whatever. Il put a stop loss at 20% Loss for each stock, and a limit sell order for 100%. Auto sell the stock if I get 100% return on it... and then just let it ride.
In theory, as long as I'm right more than 1 out of 5 times, I should profit.
Gonna test it out and see how it goes.
i actually ended up testing this out.. but not long enough.
I ran the scanner, found 3 stocks that i was interested in (SYN, JOB, AND LPCN)
I let them ride for a few days, JOB was the only one with some regular growth in that period. The other 2 had very small losses.. probably like 10% each if i had to guess.
I kept JOB for like another week.. made small profits, got impatient and got out.
Looking at what all 3 stocks have done. I had 100 shares of each.
SYN - purchased @ .58 on 6/23 ... since then it's dropped to .50 .. So i think thats a 14% drop .... but looking at the chart i made a mistake purchasing it to begin with.
JOB - purchased @ .54 on 6/23 ... since then it's highest high was 2.30 .. So i could have potentially had a 325% profit on that.
LPCN - purchased @ 1.16 on 6/23 ... Since then it's highest high was 1.34 (current) .. it still has a really nice uptrend over the last month. So 16% up currently. I'd actually be interested in buying back into this based on the chart, i suspect it still has some more to go.. But im wrapped up in other things for the time being.
pretty interesting numbers i think. i might spend some more time looking at this approach and see how it does longer term.
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I cant stop thinking about these results.. and I want to minimize the position i have in GNUS right now. I'll probably sell half of it in one of my accounts early monday, and split the money up into 3 of the "low float" penny stocks that i just scanned tonight, and get in LPCN
I think i'll get like 200 shares of each:
ABML - lithium ion battery recycling
PNCKF - metal miners (nickel and copper primarily i believe)
AMYZF - lithium ion battery recycling
LPCN - small pharma company
i'll still have a healthy position in GNUS in both shares, and some call options.. but i've made some profits and want to capture some of them if the conference call they're holding on monday 10am Eastern doesn't impress investors.
I'll hold the low float stocks longer this time around.. and i think i'll just put like a 15% trailing stop order on them.
if you're unfamiliar with what a trailing stop order is, I can set it to a percentage. If the stock is currently $1.00, a 15% trailing stop order would be at 85 cents.. as the stock price goes up, the trailing stop order also follows it so that if the stock got to $2.00, the new trailing stop order would be at $1.70. So if the stock got to 2.00, then had a 15% reversal to 1.70, i will automatically sell the stock... or if it just goes straight to 85 cents after i buy it, it will sell. hypothetically any way.
if the market moves too quick downward, my order to sell might not get filled which could suck.
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Warren buffett was asked about Diversification and his response was pretty interesting i thought..
He took the position that like 98% of people should be diversifying ... but essentially only because they're not willing to treat investing like a part time job. they don't want to/have the ability to research and understand individual companies.
He suggested that if you do have that ability/desire to put the work in to understand companies, you should be invested in 6 or less companies. Not diversifying.
If you truly understand a company, and spend the time keeping yourself updated on the company, you should be able to find a small handful of companies that you are extremely confident in..companies that are so innovative and well structured that they will outperform the overall market over time.. and there would be no reason to search for a 7th good company, or 10th.. or 20th. Not when you have a high degree of confidence in the small handful of businesses you truly have confidence in.
I strongly believe in that and am going to transition into 50% investing, and 50% trading. It will be interesting to see which one makes more money.
The four companies i want to invest in that i have a high degree of confidence in are Amazon(AMZN), Tesla(TSLA), and Square(SQ), and Genius Brands (GNUS). I'll keep my eyes and ears open for a couple more companies to invest in. But im in no rush because i have a high degree of confidence in these 4 companies.
On the trading side i'll still play with options (buy puts/buy calls), swing trade, occasional day trades, and test that "low float" scanner strategy i talked about.
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I think i'll add BTC as an investment as well it's a little on the speculative side, but I do believe crypto currency will have a very powerful position in our future economy, and currently BTC seems like the most likely to be universally used... and i'll be flexible enough to remove any of the long term investments and replace them if i see something more promising. But i will keep it below 7.
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GNUS found support for 2nd time in a row at 2.20 and bounced off of it. That's great news for the stock. It will investors a level of confidence seeing a pretty clear support line. I see an upward trend from here on out. At least until earnings.
I sold my call options on SWBI. made good money on them, but SWBI seems to be losing steam.
I sold some of my GNUS calls and half my shares yesterday morning for profit. I still have 2 call options and like 300 shares. The call options expire aug 21, so they cover earnings on aug 18th.
ABML is the only low float stock making any positive moves so far. It's up like 8% today, so I bought another 800 shares.
With the profits from SWBI I bought 2 different SQ call options. They're doing really well so far. I also have 10 shares of SQ. I really believe this stock will be a $1k+ stock in the next couple years. It will be another company like AMZN or TSLA where everyone kicks themselves for not getting in at like $100 or $200
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I'm going to keep a close eye on SWBI. I'll probably look to short it if I get a clear signal its sinking back to low teens or lower.
I'll also probably be selling the SQ calls early Thursday. I'd be surprised if it can keep running like this, and I expect a pretty decent pull back in the market soon. I'll keep an eye on futures but I dont want to get burned holding the SQ calls to long.
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bro absolutely do not invest in tesla
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Bro Elon Musk probably is the most brilliant mind of our generation. Anything he is involved with will be highly successful if the funds to see his vision through are there.
And until SpaceX goes public, people will celebrate their achievements by buying TSLA.
side note: looking like 2nd round of Stimulus is increasingly probable
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JNUG trucking along slowly but surely. It's up 5% today. 8.5% last week. 30% last month.
I'll probably bounce back to JNUG when i get a chance.
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Tesla is like the single worst investment there is to make. Their cars all fall apart and catch on fire and cost too much and they lose money and by the time they're profitable they'll have no advantage in electric over any of the legacy companies. Their entire image is based on this mythical vision of Elon Musk as Tony Stark or whatever, when he's just some dumbass reddit-tier guy that was rich from his parents' apartheid diamond mine.
https://www.plainsite.org/realitycheck/tesla.html (https://www.plainsite.org/realitycheck/tesla.html)
https://www.cnbc.com/2020/04/29/tesla-tsla-earnings-q1-2020.html (https://www.cnbc.com/2020/04/29/tesla-tsla-earnings-q1-2020.html)
https://www.marketwatch.com/story/teslas-stock-is-forming-a-bubble-and-new-buyers-should-buckle-up-for-a-crash-2020-07-07 (https://www.marketwatch.com/story/teslas-stock-is-forming-a-bubble-and-new-buyers-should-buckle-up-for-a-crash-2020-07-07)
Just trying to help you out here. Stay far far away.
Yes though, with the virus roaring back and elections approaching, I have changed my mind on the second stimulus. I think it's fairly likely now
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Top 3 companies to invest in long term. U cant change my mind lol
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The only reason you see those articles is because they're a massive threat to the previous leaders in the auto-industry. Ford, gm, Toyota etc.. no car is perfect and all will have issues. But they are changing the auto industry and the world for the better.
It's just like big tobacco pushing anything negative they can about vaping. It's a threat to their business.
Tesla is a threat to big oil and big auto. They will spam the media with anything they can to try to discredit tesla. But it wont work. It hasnt worked except with a few select individuals *points finger at you*
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Sold my SQ call for like 100% profit. Just bought JNUG call expires july 31.
All of my low floats stocks are green today except AMYZF. Still holding them.
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I will acknowledge that NKLA is a potential threat to TSLA .. but until NKLA's hydrogen fuel cell technology is proven effective and feasible.. Tesla is going to be the dominant force in the auto industry for years to come
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I sold my SQ shares and 1 more call option at a profit small because the dow had a huge pull back today. I'm going to play it safe for a bit, because I suspect more red days in the coming weeks. I'll look to buy back in at a cheaper price hopefully. The biggest news I can think of that would keep the market going is if the fed announced more plans to conduct repo operations, and there will definitely be a spike if/when they agree on a 2nd stimulus.
I have a JNUG call option, a SWBI put option, all the low float stocks still, and I bought shares of TLT and a call option on TLT. TLT is a bond ETF. It's been going super strong the last few months. In these times of economic uncertainty people and corporations are taking money out of the market, and putting it into bonds. TLT is a really safe bet for a while.
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I also held on to my GNUS shares, and 2 call options for gnus
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I think a global recession is pretty much set in stone. I havent really felt it yet, it's a slow moving train.. i suspect 2021 is going to be rough for the majority of us.. possibly into 2022
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Tesla is like the single worst investment there is to make. Their cars all fall apart and catch on fire and cost too much and they lose money and by the time they're profitable they'll have no advantage in electric over any of the legacy companies. Their entire image is based on this mythical vision of Elon Musk as Tony Stark or whatever, when he's just some dumbass reddit-tier guy that was rich from his parents' apartheid diamond mine.
https://www.plainsite.org/realitycheck/tesla.html (https://www.plainsite.org/realitycheck/tesla.html)
https://www.cnbc.com/2020/04/29/tesla-tsla-earnings-q1-2020.html (https://www.cnbc.com/2020/04/29/tesla-tsla-earnings-q1-2020.html)
https://www.marketwatch.com/story/teslas-stock-is-forming-a-bubble-and-new-buyers-should-buckle-up-for-a-crash-2020-07-07 (https://www.marketwatch.com/story/teslas-stock-is-forming-a-bubble-and-new-buyers-should-buckle-up-for-a-crash-2020-07-07)
Just trying to help you out here. Stay far far away.
Yes though, with the virus roaring back and elections approaching, I have changed my mind on the second stimulus. I think it's fairly likely now
yeah 150% gains in 5 months is dumb.
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These investments will most likely 10x in the next decade:
TESLA
PLUG
SQ
BTC
FCEL
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I sold my SQ because the CEO Jack Dorsey is a liberal fuck tard who tries to suppress conservative views.. but i do believe SQ will do well.
The 2 IPO's i'm most interested in is Strype and Starlink... I suspect we will see them IPO between now and 2022.
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Also Elon's parents werent rich. They didnt have a diamond mine?
his mom was a model and his dad was an egineer.
there's no record that either of them ever gave him any substancial amount of money.
He's a genius. literally. A self-taught rocket scientist. He understands the way the world works.. the way it truly works.. better than anyone im aware of.
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I have 2 different accounts on 2 different trading platforms.
I feel like we're going to see a massive dip/crash before too long. I sold all of my positions in one account today. And I might sell all of my positions (other than BTC) in the other account in the near future.
I might buy some shares of JNUG (gold), TLT (bond ETF), more BTC, or just trade options until i feel comfortable getting back in.
if i'm right.. i will have the ability to re-buy the stocks im most interested in at a much cheaper price.. if i'm wrong.. i'll miss an opportunity to make a little more money.
I just don't think this market is sustainable ... I haven't thought it's been sustainable for a while now. Record high stock market levels while we're also experiencing extremely high unemployment. super low interest rates. covid cases/deaths appear to be increasing... and an administration (Biden and Kamala) that are dumb as fuck about to take over power.
The risks of staying in outweigh the possible rewards the way i see it.
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Tesla is like the single worst investment there is to make. Their cars all fall apart and catch on fire and cost too much and they lose money and by the time they're profitable they'll have no advantage in electric over any of the legacy companies. Their entire image is based on this mythical vision of Elon Musk as Tony Stark or whatever, when he's just some dumbass reddit-tier guy that was rich from his parents' apartheid diamond mine.
https://www.plainsite.org/realitycheck/tesla.html (https://www.plainsite.org/realitycheck/tesla.html)
https://www.cnbc.com/2020/04/29/tesla-tsla-earnings-q1-2020.html (https://www.cnbc.com/2020/04/29/tesla-tsla-earnings-q1-2020.html)
https://www.marketwatch.com/story/teslas-stock-is-forming-a-bubble-and-new-buyers-should-buckle-up-for-a-crash-2020-07-07 (https://www.marketwatch.com/story/teslas-stock-is-forming-a-bubble-and-new-buyers-should-buckle-up-for-a-crash-2020-07-07)
Just trying to help you out here. Stay far far away.
Yes though, with the virus roaring back and elections approaching, I have changed my mind on the second stimulus. I think it's fairly likely now
i think their batteries last long
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Also Elon's parents werent rich. They didnt have a diamond mine?
his mom was a model and his dad was an egineer.
there's no record that either of them ever gave him any substancial amount of money.
He's a genius. literally. A self-taught rocket scientist. He understands the way the world works.. the way it truly works.. better than anyone im aware of.
what the fuck am i reading lol, the cult is real.
i thought elon's tweets were enough to expose him as a clueless man-child retard.
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Your username is enough for me to know you have no understanding of economics. I have no interest in debating with an unarmed person
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choking on billionaire cocks means you understand economics and the more billionaire cocks you choke on the more you understand economics
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(https://i.redd.it/qwxryhilqp561.png)
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quoting me while completely changing the quote only makes you more retarded.
the holes you dig for yourself are large.
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PACB and CRSP super interesting companies as well. Lots of cool stuff about to happen in the biotech industry in the next 5-10 years.
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Bro Elon Musk probably is the most brilliant mind of our generation. Anything he is involved with will be highly successful if the funds to see his vision through are there.
And until SpaceX goes public, people will celebrate their achievements by buying TSLA.
side note: looking like 2nd round of Stimulus is increasingly probable
lol
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Bro Elon Musk probably is the most brilliant mind of our generation. Anything he is involved with will be highly successful if the funds to see his vision through are there.
And until SpaceX goes public, people will celebrate their achievements by buying TSLA.
side note: looking like 2nd round of Stimulus is increasingly probable
lol
I'm not saying this to be mean. I'm only saying it because its simply the way it is:
If you were just 20 or 30 IQ points higher, it wouldn't be something you would laugh at. It would be something we were able to find common ground on.
Tesla will be the most valuable company on Planet Earth within 10 years.. and that reason is so blindingly obvious and simple that anyone with an average intelligence who spends 10-20 hours looking onto it will come to the same blindingly obvious conclusion: Elon Musk is the most brilliant mind of our generation, and any company he runs is destined for success because he is so brilliant. The end.
If you cant see that then you're either retarded, or you havent done any research but really want to give your 2 cents,.. which still makes you retarded. Either way your retarded and I feel sorry for you.
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Bro Elon Musk probably is the most brilliant mind of our generation. Anything he is involved with will be highly successful if the funds to see his vision through are there.
And until SpaceX goes public, people will celebrate their achievements by buying TSLA.
side note: looking like 2nd round of Stimulus is increasingly probable
lol
I'm not saying this to be mean. I'm only saying it because its simply the way it is:
If you were just 20 or 30 IQ points higher, it wouldn't be something you would laugh at. It would be something we were able to find common ground on.
Tesla will be the most valuable company on Planet Earth within 10 years.. and that reason is so blindingly obvious and simple that anyone with an average intelligence who spends 10-20 hours looking onto it will come to the same blindingly obvious conclusion: Elon Musk is the most brilliant mind of our generation, and any company he runs is destined for success because he is so brilliant. The end.
If you cant see that then you're either retarded, or you havent done any research but really want to give your 2 cents,.. which still makes you retarded. Either way your retarded and I feel sorry for you.
LMFAO!
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Bro Elon Musk probably is the most brilliant mind of our generation. Anything he is involved with will be highly successful if the funds to see his vision through are there.
And until SpaceX goes public, people will celebrate their achievements by buying TSLA.
side note: looking like 2nd round of Stimulus is increasingly probable
lol
I'm not saying this to be mean. I'm only saying it because its simply the way it is:
If you were just 20 or 30 IQ points higher, it wouldn't be something you would laugh at. It would be something we were able to find common ground on.
Tesla will be the most valuable company on Planet Earth within 10 years.. and that reason is so blindingly obvious and simple that anyone with an average intelligence who spends 10-20 hours looking onto it will come to the same blindingly obvious conclusion: Elon Musk is the most brilliant mind of our generation, and any company he runs is destined for success because he is so brilliant. The end.
If you cant see that then you're either retarded, or you havent done any research but really want to give your 2 cents,.. which still makes you retarded. Either way your retarded and I feel sorry for you.
LMFAO!
rofl
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Krusty bets against the Harlem Globetrotters - YouTube (http://www.youtube.com/watch?v=s4GAj2v4BIE#)
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Bro Elon Musk probably is the most brilliant mind of our generation. Anything he is involved with will be highly successful if the funds to see his vision through are there.
And until SpaceX goes public, people will celebrate their achievements by buying TSLA.
side note: looking like 2nd round of Stimulus is increasingly probable
lol
I'm not saying this to be mean. I'm only saying it because its simply the way it is:
If you were just 20 or 30 IQ points higher, it wouldn't be something you would laugh at. It would be something we were able to find common ground on.
Tesla will be the most valuable company on Planet Earth within 10 years.. and that reason is so blindingly obvious and simple that anyone with an average intelligence who spends 10-20 hours looking onto it will come to the same blindingly obvious conclusion: Elon Musk is the most brilliant mind of our generation, and any company he runs is destined for success because he is so brilliant. The end.
If you cant see that then you're either retarded, or you havent done any research but really want to give your 2 cents,.. which still makes you retarded. Either way your retarded and I feel sorry for you.
(https://pbs.twimg.com/media/ENvA-C4WsAEx_vr.jpg)
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how long until tesla gets owned by the big automobile companies as they being developing more electrical cars and elon musk is arrested for being a pedophile?
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how long until tesla gets owned by the big automobile companies as they being developing more electrical cars and elon musk is arrested for being a pedophile?
Literally that whole post says "I'm retarded. Look at me. I'm retarded"
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Big news for PLUG power. Stock jumped like 30% on it lol
https://www.marketwatch.com/story/plug-power-jumps-after-deal-for-sk-group-to-take-15-billion-stake-2021-01-07 (https://www.marketwatch.com/story/plug-power-jumps-after-deal-for-sk-group-to-take-15-billion-stake-2021-01-07)
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Sold my btc at 36.8k
Looking like it could drop hard.
Gonna get back in at some point
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Sold my btc at 36.8k
Looking like it could drop hard.
Gonna get back in at some point
Let us know when the cash hits your bank account. lmao
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Sold my btc at 36.8k
Looking like it could drop hard.
Gonna get back in at some point
Let us know when the cash hits your bank account. lmao
it settled in my account yesterday.
why did you want to know
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Sold my btc at 36.8k
Looking like it could drop hard.
Gonna get back in at some point
Let us know when the cash hits your bank account. lmao
it settled in my account yesterday.
why did you want to know
Your Minecraft account in the fake Minecraft bank? hahahahahah
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Invalid Tweet ID
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Invalid Tweet ID
Yeah that's bull shit... the Elite can fuck the little guy, but the little guy can't fuck the Elite.
Pretty sure your favorite person in the world (ELON MUSK) is helping the little guy... Pumping these stocks trying to fuck the hedge fund managers over also.
AMC, GME, BB, and looking like GNUS are all stocks getting pumped to say "FUCK YOU ELITE".
The elite short selling hedge fund managers have literally lost over 10 BILLION dollars on these stocks in the last month.
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I just bought 200 more shares of GNUS... got like 50 shares of AMC... to afraid to buy GME.
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the bourgeois own the economy, they rage when the peons make too much money. it is a zero sum game.
(https://pbs.twimg.com/media/EswepdVUYKc0-L3.jpg)
(https://pbs.twimg.com/media/EswepclVEAAWdaW.jpg)
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Invalid Tweet ID
lmao. "free market" is a myth. :rofl:
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If BTC is going to be the global digital gold.
ETH is going to be the global digital silver
dogecoin will be the global digital fiat currency.
no joking. i think that's the evolutionary future of dogecoin... from meme coin to global fiat.
im betting big on it.
dogecoin to the mooooon!!
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dogecoin is a dumb meme crypto that's probably going through its all-time peak currently as grifters like elon musk and dumb redditors pump it up so they can sell out and leave others holding the bag
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dogecoin is a dumb meme crypto that's probably going through its all-time peak currently as grifters like elon musk and dumb redditors pump it up so they can sell out and leave others holding the bag
you heard it here first folks. blid say's it's bull shit.
buy more and holddd!!
toooo the moooooon
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pump and dump
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Future global fiat.
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Psychology of chart doesnt even remotely suggest pump and dump.
It did when it spiked up on Jan 28th. . and many spikes before that.. but this is different.
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I cant stop thinking about these results.. and I want to minimize the position i have in GNUS right now. I'll probably sell half of it in one of my accounts early monday, and split the money up into 3 of the "low float" penny stocks that i just scanned tonight, and get in LPCN
I think i'll get like 200 shares of each:
ABML - lithium ion battery recycling
PNCKF - metal miners (nickel and copper primarily i believe)
AMYZF - lithium ion battery recycling
LPCN - small pharma company
i'll still have a healthy position in GNUS in both shares, and some call options.. but i've made some profits and want to capture some of them if the conference call they're holding on monday 10am Eastern doesn't impress investors.
I'll hold the low float stocks longer this time around.. and i think i'll just put like a 15% trailing stop order on them.
if you're unfamiliar with what a trailing stop order is, I can set it to a percentage. If the stock is currently $1.00, a 15% trailing stop order would be at 85 cents.. as the stock price goes up, the trailing stop order also follows it so that if the stock got to $2.00, the new trailing stop order would be at $1.70. So if the stock got to 2.00, then had a 15% reversal to 1.70, i will automatically sell the stock... or if it just goes straight to 85 cents after i buy it, it will sell. hypothetically any way.
if the market moves too quick downward, my order to sell might not get filled which could suck.
the lithium companies have like 1000x'd since i posted that
omg
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It is starting to look like Robinhood is the big "whale" of Dogecoin.
if that's the case, i think Dogecoin will fail. Elon will start his own crypto and doge will tank.
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I just created a Stock Group on Facebook.
I feel like some of the other larger Stock Groups filter/hide topics they don't want other people to see.
This group is meant to be completely transparent and encourage open discussion to everything stock, crypto, and forex trading related.
If anyone is interested in that stuff, would be great if you joined the group. With any luck i'll be needing some help moderating it once more members join.
Join the group. Participate if you'd like. Invite others to join the group if you're pleased with it.
https://www.facebook.com/groups/2910726055871353/ (https://www.facebook.com/groups/2910726055871353/)
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OHHHH OHHHH WATCHOUT after 20 years i can finally reply harrywangs what is S9
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Dogecoin to the MOOOOON
Gonna wait for a good pullback and buy more.
@Certified MENSA Genius Brain (smart) I'll pay you to tell me what else not to buy. U have a gift.
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I actually have decided to humor this dogecoin craze. Everyone said bitcoin is crap 10 years back but last I checked it is at over 60k a coin lol.
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Guess who was not saying Bitcoin was crap 10 years ago? Me. I was just too dumb to put my money where my mouth was. I'm not making that mistake with Dogecoin
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If I would have bought Bitcoin when I wanted to buy it in 2009, and then not sold any of it.. my $2,000 investment would have made me worth 120 million dollars right now
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If anybody is interested in buying Dogecoin, It will likely have a pull back and settle down. Likely to take two or more weeks. But if you did by in during the run-up, holding on to it for a year or more will make you money
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lol
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dogecoin is a dumb meme crypto that's probably going through its all-time peak currently as grifters like elon musk and dumb redditors pump it up so they can sell out and leave others holding the bag
The price of Doge at the time of this post was .078 ... just over 2 months ago.
Currently Doge is .26
over 3x gain since the time of this post.
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lol @ crypto
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lol @ crypto
so so funny
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Doge now being traded on Webull.
Coinbase will follow suite soon.
it'll be a dollar in less than 6 months.
so ~300% - 400% gains incoming.
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I think doge gonna be floating around this range for a while. .23 give or take a few
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Tooo thee mooooon
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Sold my doge @ .64
Need to put the money other places for now.
Going to be looking for opportunities to buy more later.
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Was a fun ride lol. Made watching the doge rally interesting.
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Tooo thee mooooon
Sold my doge @ .64
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i turned a 4k investment to 50k in like 3 months.
it went to the moon... its gonna take a breather i think.. then we'll hop in the shuttle and head to mars.
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it didn't even get to $1. anyway dogecoin even moreso than other crypto nonsense is a purely speculative vehicle with zero inherent value propped up by a bunch of morons posting "to the mooooooooooon" at each other. that doesn't mean there can't be a short-term gain but then it's just about riding the wave because there's no actual value involved at all, at any point, and for every winner there has to be a loser. doesnt mean there cant be winners.
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the value of any object on planet earth is always decided by 2 or more people.
right now your opinion of what it is or isnt worth does not supersede what other people who are buying it and selling it believe it is worth.
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it will pass $1 btw.. and over time go a lot higher than that.
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i turned a 4k investment to 50k in like 3 months.
fake news
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Oh
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Looking like probably good entry point around .45 area on doge.
Highly highly likely to see $1 in less than a year I think
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Doge testing .44 level.
If it dips below, time to get out for a bit imo.
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Yes, I think $ 1 in less than a year is a real story...
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i have some ALGN put options that i should have probably sold today, expecting a lot more downward trend from them though in the coming weeks.
My HD put options showed some life today too. I might be wrong, but im thinking not many people will be doing home improvement projects when lumber is like 300% above where it was a year ago, and copper is not too far off of that.
I have a put option on COPX that expires in like 5 months. Im thinking they will get the supply chain running smoothly again soon, and supply will be able to meet the demand.
I haven't looked, but if i could find some lumber related stock, i also think that would be good to short over the next 6 or so months.
1 year anniversary of the famous GNUS pump is coming up. Thinking there might be some opportunity with that. I might try some call options that expire june.
I'm Looking for big moves on ENPH, FCEL, UPS, AMZN, SQ, and RESN
PLUG is super interesting right now.
Doge holding strong above .44 so far. I suspect there will be a boring few weeks, maybe even months with doge. who knows though. .44 is the number i have my eye on though until something else happens.
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Doge is tip toeing that line for me. Don't think it's going to hold it :O
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so far so good .. we'll see.
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I don't know if I will hold Dogecoin throughout the night if it keeps hovering around this level
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I'm outttt
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.
;D :rofl:
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purely speculation.. but the entire market is taking an extreme beating right now... and i think it will continue to for a while.
i think tesla made the decision because the market is about to get wrecked under the Biden administration, and elon made the statement to try to protect retail investors from whats about to come. give them a bit of a warning.
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what does the creator of doge have to say about elon
(https://i.redd.it/1a7j1dt6ezy61.jpg)
oh ;D :rofl:
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"creator" lol.
they took like 95% of the code from BTC and copy pasted it.. changing a few values that had dramatic affects.
im not too concerned about what palmer says...i dont dont understand how people are so poor at interpreting his motives. doesnt make sense to me.
elon is extremely misunderstood by a large demographic of people... i guess you all just drank the kool aid that the propaganda machine fed you..
guy comes along and disrupts like a dozen different sectors, negatively affectings hundreds if not thousands of 1 percenters... they go on an "anti-elon" mission to undermine the significance of his projects (all of which will negatively affect them.. again..) ... and then you have a bunch of sheep who blindly listen to what they're told, because they hear it so often... never doing their own research.. just believing it all and then regurgitating it.
dont be a clueless sheep who just regurgitates shit that hundreds of millionaires/billionaires want you to believe... because believing it helps protect their dinosaur technologies, which in turn protects their massive wealth.
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Big oil guy: Elon is trash!
Big auto guy: Elon is trash!
Little guy who watches it all but never does their own research: Elon is trash!
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Question:
why didnt you post the tweet where Elon said he is working with Dogecoin Developers to make transactions more efficient?
The world is going to switch to crypto. That's going to happen... but there are problems with it... Elon is telling the world about the problems.
1) Mining them sucks up too many fossil fuels.
2) transaction rates are highly inefficient
Do you think after his tweet about fossil fuel consumption that miners will just ignore it? Or will they start trying to solve that problem?
Do you think after his tweet about transaction rates being inefficient that people will just ignore that problem? Or will they start trying to solve that problem?
Elon sees problems that everyone else sees.. problems that for whatever reason people ignore... and then he essentially says "If we dont fix this, It wont work... the end"
he's lighting fires under people's asses to solve problems.. just by a few tweets here and there.
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(https://i.redd.it/wczbagyy72z61.jpg)
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setting himself up to buy the dip
Goodbye Nocoiners (The Bitcoin HODLers $60k Anthem) - YouTube (http://www.youtube.com/watch?v=JSW1R24Lqic#)
timestamp 1.00
dno how to make those youtube links work
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I can't see the video :(
almost at 1 year anniversary of GNUS's Famous Pump!
im going to throw a few bucks in it, in the off chance people want to celebrate that by pumping it again :)
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Ford announcing its pickup truck EV lineup tonight. Could make some moves tomorrow if the market likes the specs
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If a move does happen, I'm expecting a sell off afterwards.
im just looking for like 30 mins or so of an upward trend.... get in. get out. hope that Ford does well because competition is an amazing thing.
but i currently dont think Tesla has any true competition... but it doesnt matter what i think. it matters what ford investors think.
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(https://i.redd.it/piqgu5tle3071.jpg)
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1) Elon didnt make him.
2) He didnt invest anything. He traded something (assuming he sold.. since he is saying he lost it)
3) worst case scenario he might thave lost like 50% of it assuming he bought near the top and sold near the bottom.
Assuming this isn't some troll, the moron here is the OP, not Elon.
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TSLA didnt sell all of their bitcoin btw. They sold 10% of it. They're still holding the rest.
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wow who wouldve thought, the purposeless meme coin whose valuation is derived entirely on a pyramid basis went back down
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wow who wouldve thought, the purposeless meme coin whose valuation is derived entirely on a pyramid basis went back down
has everything to do with technical analysis and little to nothing to do with fundamental analysis. look up fibonacci retracement if you're interested.
so it went down.. but has nothing to do with what you're implying.
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you have an extremely ironic forum username btw <3
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pretty sure a bunch of mouth-breathing clowns started memeposting "dogecoin to the moon" and then clown-in-chief elon musk got onboard, creating profits for people who got in at the top of the pyramid and got out on time, and losses for those who didnt. basic shit. wonder what the next "to the moon" scam is gonna be
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This is going to be an interesting thread to look back on in 5 years
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Here is the vision:
This planet is increasingly becoming a smaller place thanks to innovations in transportation and the interwebs. This should be obvious to you on the interwebs front.. all you have to do is look at who we have logged on the server. You can talk to people from all over the planet real time. Just /msg (someone from russia, germany, poland etc...) and start typing.
Thanks to current aviation we can get to the opposite side of the planet in less than a day via airplane assuming no horrible layovers.
This planet is getting exponentially smaller... Human beings across the globe are increasingly becoming closer connected.
In the not too distant future (probably 20-30 years from now) You will be able to get on a SpaceX commercial rocket (possibly other companies will enter the market as well by then), and go anywhere on planet earth in less than a couple hours. That's going to happen.... But even if you don't believe the rocket transportation replacing modern airplanes for long distance travel, you have to acknowledge that there will definitely be some sort of high speed high efficient mode of long distance transportation in the future... As long as human beings are alive, technology will advance. All of it. Including transportation.
It's inevitable that human beings will move towards globalization.. while probably still holding on to some aspects of nationalism.
That will happen. And because it will happen, there needs to be global forms of currency. Decentralized currency. Highly secure currency that people trust.
Unless you can think of something else, Crypto solves that problem.
The only question after that is which cryptos will be used for what.
I think it's safe to say bitcoin has solidified it's position as a global digital gold. I'll be honest i dont have a good understanding of Ethereum but based on what little i observe, that's here to stay also.. I honestly don't know what purpose it serves but I know it's not global fiat, and i admit i do need to look into it.
That leaves the big question: What will serve as a global digital fiat?
Right now, that seems to be doge coin for a multitude of reasons. Some super dumb/silly, but some fundamental as well.
A global fiat needs to be inflationary for the same reason national fiat currencies are. Partly stability and partly psychologically. Doge is the only "mainstream" crypto i know of that's inflationary... and unless some new groundbreaking idea for global digital fiat comes along, the mainstream idea is going to win almost every time.
So you can have whatever opinions you want about the people who are currently embracing these cryptos, but i'd say its not wise at all to base your opinion of the security off of who are endorsing it. Creating a connection between the fundamentals of the security and the people who currently hype it up is silly.
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I remember a year or two ago i tried sending some money to someone in poland or russia .. it was a pain in the ass. I think i ended up sending it to Tora and Tora sent it to them. Idk how he did it but i gave up. Crypto would solve that problem.
Virtual reality.. It's advancing rapidly. In the next decade or two you will be able to put some sort of VR equipment on, and "enter" a store in hong kong, russia, china, uganda etc... "walk" through it and look at the merchandise on the shelves, pick out what you want and pay for it, and then it will ship to you from anywhere on planet earth in a matter of hours.... People are not going to be converting different currencies from different countries constantly. That's insanely inefficient. There is going to be a global fiat currency.
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pretty sure a bunch of mouth-breathing clowns started memeposting "dogecoin to the moon" and then clown-in-chief elon musk got onboard, creating profits for people who got in at the top of the pyramid and got out on time, and losses for those who didnt. basic shit. wonder what the next "to the moon" scam is gonna be
i wonder if being a fraudster should be on top of his list of charges among his pedophilia when he gets arrested
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In the not too distant future (probably 20-30 years from now) You will be able to get on a SpaceX commercial rocket
no that's not going to happen. we still can't perfect self-driving cars for the general public which itself is probably decades away. who knows if we're ever get the technology that'll bring us across the globe in just a few hours , but if we do it won't be spacex doing it, lmao.
anyways we should probably prioritize solving global warming and have an economic system that's actually sustainable so we don't go extinct, before we worry about making rockets that get us across the globe in 30 minutes.
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You're like super out of the loop on full self driving. It's less than 3 years away. I'm being extremely conservative saying 3 years.. and everyone (google, apple, ford, gm, etc...) knows it's coming from Tesla. They have extremely powerful AI and are collecting 1000x more real world driving data than any competition.
You're also super out of the loop on AI.. deep learning.
Human beings are on the edge of never having to invent anything else ever again. There will be no need thanks to AI. that's a global balls to the wall race. Hundreds of billions are being spent on advancing AI.
You're either trolling or you have little understanding of the future of these sectors. . You should do a little research. YouTube's or whatever u need to do to bring some meaningful information to this discussion.
You're just spewing nonsense right now. Its super obvious you spend zero time looking into these topics.
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so you're saying fully autonomous vehicles will be a thing in 3 years? lmao.
shut the fuck up about Testa, they won't even have the best EV in 3 years. actually China's NIO is already better.
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You're clueless.
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did you let the cab drivers and truck drivers know they'll be out of a job in 3 years because fully automated cars will be ready then :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl:
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There will be a transition period. Are u dumb
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Remember when henry ford made automobiles that nearly all americans could afford... and horse breeders stopped breeding horses the same day
Remember when LED light bulbs were invented and they stopped making incandescent light bulbs the next day?
Remember when online porn websites were created, and everyone stopped buying hustler, penthouse, and playboy that same day?
man you gotta bring some sort of intelligence to this conversation.. please. I need that. The world needs intelligent debate. Not this dumb shit half retard type shit.
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Holy shit you're dumb. From screen name to everything you type. It's gotta stop.
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Remember when henry ford made automobiles that nearly all americans could afford... and horse breeders stopped breeding horses the same day
Remember when LED light bulbs were invented and they stopped making incandescent light bulbs the next day?
Remember when online porn websites were created, and everyone stopped buying hustler, penthouse, and playboy that same day?
yea i remember when horses went extinct, incandescent light bulbs are gone, and porn magazines stopped being produced when the first porn image hit the internet.
wait no those things didn't happen.
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mY GrAnNy StILL haz rOtAry PhONe
AfRiCa sTiLl uSEs CaNdLeS FoR liGhT
IM sMaRt
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are u saying truck drivers and cab drivers should like learn to code? ;D :rofl:
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I'm saying thanks to technical advancements artificial intelligence and the robots are going to increasingly be taking human jobs. Which means you are almost definitely going to see a transition to Ubi
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lmao, you're quite confident in a bunch of things that obviously aren't going to happen, at least no where in the time frame you think it will.
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It's common sense. Look at the rate of innovation over the last 500, 100, 50, 20, and 10 years. It's exponentially increasing. All indications are that it will continue to exponentially increase.
Quantum Computing. Artificial Intelligence.
We are living in a period of time where the world as we know it is going to completely transform in an extremely small amount of time relative to any technological transformations in the past.
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(https://i.redd.it/l0uvimkf22171.jpg)
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What will you say when BTC is $100,000 and Doge is over $1?
Seriously im super curious.
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"Elon scammed us again! ... Look at all of this money i made!" (Me, not you)
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And assuming Biden/Obama dont make more horrible policies that tear the economy apart, which is highly unlikely.. both would happen in less than a year
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I think AMC likely to hit 100 this week.
dont recommend anyone get in it if they dont have an exit strategy and don't plan on watching it insanely closely.
these stocks are insane with insane movements that aren't always easy to predict... but there will be opportunities to make money if you don't get greedy.
if you get in, and make some money, and see that it keeps running... dont chase. chasing will kill you ever time. just be happy you made a bit of money.
one possibility to play it safe but still take profits is something like this:
Say you buy 10 shares. Current price is $55 (that could change pre-market)
Sell 2 shares at $60
sell 2 shares at $65
sell 2 shares at $70
sell 2 shares at $75
let the other 2 shares ride.
... assuming it's $55.. as soon as it reaches say $65 tell yourself that you will sell all shares no matter what if it hits $58.50 after hitting $65.
something along those lines.
these $5 increments seem to be levels of support and resistance... It's not uncommon for it to hit $65, then retrace back to $60, then even dip a little bit below that.. maybe $59... but then bounce back up.. so you give yourself a little bit of wiggle room and call it $58.5 or $58 even.
but dont recommend anyone get in this unless they have a little bit of money to play with, if they have a low risk tolerance, or the discipline to get out with profits and then stay out.
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If AMC drops to $45 at any point tomorrow im out.
If it hits $50 and touches $48 after that im out.
If it does not hit $55 during market hours im out.
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GNUS up 40% last month.
im not saying it will happen, but it would not surprise me if GNUS was the next AMC or Gamestop.
It has a very low market cap. Very easy to move. Plenty of short interest. All retail traders are familiar with it.
im going to start a position and see what happens. if i start the position and it touches 2.05 im out.
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AMC should break out of this wedge within the next 5 trading days.
if it breaks to the down side, all hope is lost imo.
if it breaks to the upside.. could be a very interesting run.
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update amc chart plz
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AMC IS D.E.D.
lol
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These "Apes" keep putting out new information every day on why it's going to see a short squeeze and go to parabolic numbers.
maybe it will... but currently it's getting the hell beat out of it with no short squeeze in sight.
so far it's behaving just like any other "pump and dump".. just with a different catalyst.
I'm going to wait on the side lines.. see how low it drops.. wait for some consolidation ... and maybe buy some shares
right now my opinion is that it will slowly drop down to $30ish range.. give or take a couple dollars (but it could be even lower we will see).
i think it's likely it will hit that low.. settle for a little bit.. consolidate ... appear as if it's completely dead in the lower price range that it settles... then out of nowhere it will come back to life and probably make it back up into the mid 40's, but not much beyond that.
so my plan right now is to just sit and wait, ignore what the apes want to happen, and focus on what is objectively likely to happen... and i should get an opportunity to make around 50% profit on another AMC swing trade..
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there is some consolidation right now, if it were to gain enough strength to pass 52 currently, i would feel comfortable forming a small position and adding to it as it broke new resistance levels.
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I'm a devil's advocate. I play both sides of the field. often. I am constantly challenging people's opinions/ideas not because i disagree with them, but because i want to see how they respond so that i can better form my own opinion.
I'm increasingly beginning to believe AMC is different. It's not going away. It's getting national attention. Terminology is being used on mainstream financial in the last week that was taboo to even discuss a couple weeks ago. "Naked shorts"
There might be something here. Something big... bigger than gamestop. A lot bigger.
I definitely think that given the determination of this "ape" community and everyone who supports it, the financial world is going to forever change.
Whether these Apes get the financial win they're looking for is the question.
Does wallstreet have some tricks up their sleeve? Can big money make this problem go away without a payoff to the little guy holding AMC? Is the corruption so wide spread with so many big players involved that they can somehow sweep it under the rug without losing hundreds of billions of dollars? .. because that's what's on the line. Literally hundreds of billions of dollars.
Seems like an impossible feat.. but idk.
I've personally kind of lost hope in humanity.. The world is corrupt and evil and there's little to nothing you can do to change it..
Can AMC be a small beam of light of hope, in what often seems like a hopeless world.
deep thoughts.. but that's what this movement is about.. and it's not going away.
I'm super curious how this is all going to unfold.
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If AMC breaks $52, im going to form a small position... and then add to the position every $5 AMC gains. $57..$62..$67.. and keep doing that until it retraces $7.
we'll see what pre-market looks like, but i might wait 10-15 minutes after opening bell to see how it's acting
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stfu dumbass
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stfu dumbass
Go cry about people making more money than you. screaming "mommy mommy thats not fair. they must be cheating!"
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if you spent half as much time as you do rambling unintelligible libard jibberish as you could be applying yourself, you'd probably be successful too.
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AMC up premarket. hit almost $55 first few minutes of open. Retraced and bounced off $52. so far it's saying "we're not going back below $52 right now"
looking sexy right now.
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dropping below $52 would concern me. Below $49 would be an exit for me currently
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now that it's been trending up, $52 is now my sell.
update: $56.5 is new sell
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Broke 60. Came back to 56.5 and bounced off.
Going to be some crazy volatility this week.
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stfu dumbass
AMC up over 15% today. im just trying to help you find opportunities to make money.
why so negative bro
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Guys.. I think AMC is about to go fucking nuts.
like well over 100. possibly into the 200-300 $ range.
im increasingly becoming more convinced of that.
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I think we're going see another economic disaster in the following 6-12 months. hopefully not sooner.
liberals pushed to bring the largest economic machine ever known to man to a grinding halt. they succeeded.
they believed (or at least led the public to believe) that the dangers associated with covid-19 were more severe than the dangers associated with another global economic crisis, and that isolation/quarantine, and the lack of production that went along with itwere worth the risks of completely disrupting the global suppy chain.
it's been a slow moving train, but i believe we're going to be facing the long term consequences of theses decisions in the not too distant future.
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the inventor of dogecoin says crypto sucks and is fascist
Invalid Tweet IDInvalid Tweet ID
etc etc lol
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almost like it operates in the same way of our dominant mode of production.
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Tk why you posting here? I'm just getting into crypto. And you're posts seemed interesting. How much doge you have? It's at .19 now
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There is blood in the streets right now on all crypto.
Might be a good time to start a small position and gradually build it..i'd prepare for the possibility of needing to average down at certain levels tho
If you're looking long term you will see nice payouts.
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There is blood in the streets right now on all crypto.
Might be a good time to start a small position and gradually build it..i'd prepare for the possibility of needing to average down at certain levels tho
If you're looking long term you will see nice payouts.
I already cashed out and am rich and quit my job. You missed the boat you fucking idiot lol.
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DWAC is going to rip hard i think.. 10x + likely imo.
It's the acquisition company (parent company) of Trump's upcoming social media company. Releasing it Feb 21 i believe.
Trump has a big ego. He's directly tying his name to this venture. Succeed or not, it's going to be drawing a lot of attention. Both in media headlines, and with the stock price.
It's current market cap is ~ $3B .. Wasnt hard at all for something getting this much attention to reach $50B+ market cap when the market was hot (AMC, GME, DOGE, SHIB...).
I dont think $30B+ will be hard in these market conditions. Thats my conservative opinion
... likely be a big pull back afterwards, but an opportunity to make some money.
Going to have to pay attention leading up to it's release to determine whether it will dump before or after the actual release date.. or even if it will dump.
that will all depend on the intensity of the buying pressure
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If elon has the ability to implement Dogecoin as a form of payment on Twitter.... Holy fuck.
Cant guarantee its a good entry right now on Doge short term.. i wouldnt be surprised to see it lose 50% of its current value if a severe recession hits..
You're not going to regret a long term hold on it though.
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If elon has the ability to implement Dogecoin as a form of payment on Twitter.... Holy fuck.
Cant guarantee its a good entry right now on Doge short term.. i wouldnt be surprised to see it lose 50% of its current value if a severe recession hits..
You're not going to regret a long term hold on it though.
Wishful thinking. Doge is just a joke (literally, it was created as a joke due to all the copycat bitcoin clones being spewed out at the time). Elon likes to be a comedian. If he implemented anything at all, it would probably be paypal (his previous company) or something with privacy (such as monero). Neither doge nor bitcoin are "privacy coins". It's been rumored that Elon has a large stake in Monero. However, due to it's privacy features, it's impossible to prove or disprove Monero holdings unless you own the private keys themselves. It's not like Bitcoin where you can ask someone to sign an "address" to verify that address's funds. It should also be noted that Paypal itself doesnt even have Doge. They have Bitcoin instead, sort of. Currently you cant withdraw bitcoin from it, they hold it for you and you can only exchange it for USD. It's a scam if you ask me. It's WELL known that Elon has MASSIVE Bitcoin holdings (verified via signed addresses he's put out) that dwarf his pet project Doge holdings which are just there for fun. It's literally a joke. He doesnt have a serious investment into Doge. He would be stupid to try to push Doge because it's an INFLATIONARY coin (meaning it's value decreases over time, not increases because it's total circulating supply is always increasing, it has no max coin cap), it's not deflationary like most other cryptos (Bitcoin, Litecoin, Monero, Vertcoin, etc) who are deflationary (meaning they have max coin caps and their value will increase over time due to the continuing lack of new supply).
Dont invest in cryptos until you understand fully Supply and Demand as well as inflationary and deflationary currencies. Basically, steer clear of ANY crypto that is not specifically Deflationary (which includes Ethereum, many people dont realize that it's an inflationary crypto).
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It started out as a joke. But there are currently 18 billion votes (dollars) who disagree.
There's no reason you can't allow transactions via paypal and some other crypto platform that supports doge.. but there is plenty of prior evidence to suggest he would implement dogecoin as a form of payment. no evidence suggesting paypal.. aside from the fact that he was the founder, who was ousted.
Elon has been very transparent in what securities he is invested in. Until recently It consisted of only doge, bitcoin, ethereum, and tsla. Now twitter as well.. and he owns very little of all 3 cryptocurrencies, regardless of what rumors you've heard. he owns .25 bitcoin. so maybe $10,000 worth is MASSIVE? idk.
He does "push" doge. pretty regularly. he's allowed people to buy items from the tesla store in dogecoin. last night at giga austin's grand opening/party.. there was massive light show that created the dogecoin dog image.. at an event that has absolutely nothing to do with dogecoin.
the u.s. dollar is inflationary... but at a very volatile rate if you look at it's value over the last few decades.
nothing wrong with a currency being inflationary.. in fact i'd argue it's psychologically required for any form of fiat currency. Doge's rate of inflation is stable and currently low relative to the market cap. The bigger the market cap gets, the lower the rate of inflation. There are no issues there. It's not a store of value like BTC. It's a digital fiat currency.. two completely different purposes.
i think you might want to take your own advice and do some research.. sounds like you're just regurgitating something some bro on the internet told you.
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regardless of what rumors you've heard. he owns .25 bitcoin
What rumors would that be? You mean these rumors? https://www.cnbc.com/2022/02/07/tesla-held-nearly-2-billion-worth-of-bitcoin-at-the-end-of-2021.html (https://www.cnbc.com/2022/02/07/tesla-held-nearly-2-billion-worth-of-bitcoin-at-the-end-of-2021.html)
Opps. I guess you missed the mark on that one big time, who needs to do the research now? lol
I'd say thats a tad more than $10k. Kids, he's not buying Doge. He's buying Bitcoin. Doge is literally a joke both to you, Elon, and the rest of crypto. It's there for fun and absolutely nothing else. It's fun to make it sound like Doge is going to increase in value, when it physically cant because it's inflationary. ON PURPOSE, because it's a joke. Elon is a comedian, of course he's going to put the cute dog everywhere, because it's FUNNY, not because it's an investment or some sort of currency that he thinks people should be using. Anything inflationary is NOT an investment (including the USD) and in most cases, isnt even a currency either. Yet here people (TK is an example) are thinking they should go out and buy tons of doge or think it's meaningful that someone else has a few doge. If those things arent spent ASAP, they become more and more useless the longer you hold on to them. Why the hell would you hold on to something that is DESIGNED to lose value the longer you hold it and dont spend it. Thats absurd.
Dude, dont invest in crypto until you understand the difference between inflationary and deflationary. Just the fact that you mentioned doge in an "investment" type of post is a MAJOR red flag that you're doing it all wrong. When someone buys doge, they will be selling it immediately shortly after. And if they dont, their about as dumb as a rock. There is zero advantage to having and keeping doge. Just because something has a huge market cap, doesnt mean it's a good idea. There are a LOT of fuckin stupid people out there dumb enough to push a coin such as Doge to have a really absurd Marketcap. Doge isnt the only coin to have had huge marketcaps for completely stupid reasons and they all end the same way. They all go to zero eventually.
Fun Fact: Bitconnect (https://medium.com/coinmonks/the-biggest-cryptocurrency-scam-ever-451e95821fd5 (https://medium.com/coinmonks/the-biggest-cryptocurrency-scam-ever-451e95821fd5)) had a larger marketcap than today's Dogecoin. Look up what Bitconnect was and then come back and tell me more about the "2 billion votes" absurd reasoning for thinking Doge is worth a shit. Bottom line, Marketcap DOES NOT EQUAL legitimacy.
Like I said, dont invest in crypto. Thats not an insult, its real world advise. You dont understand it enough yet. But if you must, then only buy Bitcoin and absolutely NOTHING else. That way you'll at least know you've got 1 winner. I have multiple cryptos myself, but I also understand ALL of their technical fundamentals, all of the market fundamentals and why they are good bets based on both of those requirements.
You also dont understand currency either so dont go messing with the FOREX markets. In order for something to be considered a "currency" it needs to act as a store of value (something you said a currency doesnt need, which is completely wrong) as well as a medium of exchange. This is why every inflationary "currency" to date has FAILED. The USD is going to fail at some point as well (likely within our lifetime). The USD at one time was actually deflationary, back when it was pegged to gold, it also became the world currency while it was pegged to gold, not after. But ever since it's peg to gold was removed in the 70s, it's been inflationary which is BAD BAD BAD REALLY FUCKIN BAD lol. However, currencies that have NEVER failed are those that are deflationary (Gold, Silver, Oil, Bitcoin, etc). You might say "hey those arent currencies those are commodities, or stores of value". Well, they probably are now, but in the past they have all been used as currency. And they could still be used as currency if you find someone willing to accept it as payment. See, all of those commodities have 1 thing in common. They are all DEFLATIONARY because their supply is finite. Eventually Oil is going to run out and when it does, it's value will skyrocket even higher than it is now. Same with any commodity once it's supply runs out. Bitcoin is the same exact way and it was designed this way on purpose. Conclusion: A currency isnt a currency unless it has 2 properties: a store of value and a medium of exchange. A currency that doesnt have a store of value property is not a currency and not something you want to have or hold for any length of time. A coupon for example is a great example of this. It's not a currency but it DOES act as a medium of exchange and it DOES have a value for a short period of time, just like Doge.
BTW: FIAT is not Currency. FIAT is basically just a coupon that has an unknown expiration date and that's where FIAT get's it's value from. It's value is a direct result of people betting that it'll still be worth something when they need to use it. FIAT is bad, really bad :) Most of this is taught in Economics 101 but some of it is from Economics 102 ;)
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You said Elon. Not Tesla.
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You said Elon. Not Tesla.
Erm. Who do you think authorizes those types of purchases. It sure as shit wasnt the line manager at the plant lol. Elon == Tesla when it comes to what it invests in. You were insinuating that he doesnt purchase BTC worth mentioning when in fact, he very much DOES. (Shows elon approved purchases: https://cointelegraph.com/news/elon-musk-s-tesla-is-already-1-billion-in-profit-from-holding-bitcoin)
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An individual holding bitcoin versus a company holding bitcoin are not the same.
Also according to Elon's own words... The tesla Bitcoin purchase was highly influenced by many members of his team & friends etc... Elon went with it.
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https://www.cnbc.com/2022/04/10/elon-musk-on-changes-to-twitter-blue-says-dogecoin-should-be-accepted.html?utm_term=Autofeed&utm_medium=Social&utm_content=Tech&utm_source=Facebook#Echobox=1649568585 (https://www.cnbc.com/2022/04/10/elon-musk-on-changes-to-twitter-blue-says-dogecoin-should-be-accepted.html?utm_term=Autofeed&utm_medium=Social&utm_content=Tech&utm_source=Facebook#Echobox=1649568585)
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Elon trying to implement dogecoin as form of payment for certain products on Twitter already
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Elon went with it.
To the tune of 2 billion. Ya thats quite the inconsequential decision...... NOT :D Even for a company, 2 billion is a MASSIVE decision, and one that I had also made myself back in 2017. I'm very happy with the way it turned out lol. BTC could take a 95% nose dive, and I'd still be in the black :) And thats not a coincidence. It's by design. Every 4yrs BTC has massive spikes due to it's Halving events. The next one is in 2yrs, so now is the time to buy for 3-5yrs in the future.
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Dogecoin will be most widely accepted form of global digital fiat currency 10 years from now.
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Bitcoin will be where massive institutions that slowly move large capital store their money.
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tk, do you have an onlyfans? i'd like to follow you.
such wisdom
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tk, do you have an onlyfans? i'd like to follow you.
such wisdom
Flip it my way too if u get the OF goods, Tk's wisdom is just overflowing with such common sense! lol I cant stop laughing, what people will do and believe for a cute dog face lol.
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Unwise to fight against large groups of people... Just because you think you know better.
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"don't fight the trend" is very commonly used phrase.
Right now you have a trend of very young adults without a lot of money, but who will have lots of money over the next few years, fighting for dogecoin ... And the richest man in the world.. who is likely to become the world's first trillionaire
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Musk bought twitter so he could unban Trump
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"don't fight the trend" is very commonly used phrase.
Tell that to the MASSES and HORDES of people that thought the same thing about Bitconnect (or any other obviously flawed project for that matter) hahahaha. Masses of people doing something doesnt make it legit (illegals voting for example lol). The bottom line is that there is already an inflationary currency (USD), another one isnt needed. USD trades better online than even Doggy coin, the only difference between the two is that one has a human for it's mascot the other has a dog for it's mascot. Other than that, they are completely identical. Why? Because that's exactly why Doge was created, the entire meme was to make a USD clone and slap a dog image on it for the lolz.
You cant debate historical facts. EVERY inflationary currency to ever have existed has FAILED (95% of which failed due to hyperinflation). This includes the USD (which became inflationary in the 70s when it was unpegged from an actual real finite resource, gold). Inflation is like Socialism for currency, it sounds good on paper, but in reality, it's destined to fail due one of 2 reasons, hyperinflation or hyperdevaluation (happens when people no longer consider it valuable as is the case when something is to abundant such as doge).
You have to remember that currently, old/damaged USD is burned (https://en.wikipedia.org/wiki/Money_burning). Doge is NOT burned. It's just continually made with no destruction. Even USD has destruction of it's currency. No inflationary currency can sustain a continual inflation without burning or it runs the risk of entering hyperdevaluation. That's exactly what doge was designed to do, it's meme was to mimic what the author believed is/was/would happen to the USD. It's a freakin joke crypto for christ sakes hahaha. Like, literally :)
So basically the only option for Doge is to implement burning, something Musk has called to add. However, cryptos that have burning have also crashed and burned as their popularity goes straight down once people find out that their coins were burned simply because they didnt spend them in time. Burning only sounds good on paper, just like socialism. Why burn in order to simulate deflation when you can just use deflation to begin with. Duuuuuuh.
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You're clueless.
Hyundai Quietly Climbs the EV Sales Charts and Elon Musk Notices
The hottest electric cars in the US market aren’t coming from Tesla factories. All eyes are on Hyundai’s Ioniq 5 and the Kia EV6.
stupid bitch lol
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https://www.nextgreencar.com/i/new/ulev-registrations-by-model-lq.jpg (https://www.nextgreencar.com/i/new/ulev-registrations-by-model-lq.jpg)
tell me moar.
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Still strong believer in DogeCoin long term. Will be most widely used decentralized crypto on planet earth... but it will be a slow process. No guarantee it won't drop lower than it currently is. It likely will... but long term it's gonna go to the moon.