1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:

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Gloxina

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KingTut said:
There’s gonna be some amazing loss porn in here and in crypto telegrams/discords over the next few months.

:popcorn3:
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I’m just waiting for him to fukk up so badly the market tanks. That’s when I’m buying.

He’s crashing markets intentionally. I said this in another thread. It’s gonna be a repeat of his last administration. Covid pandemic— everything crashed, the smart ppl bought and held or played the options market while things were tanking and came out rich on the other side.


It’s all going to happen again. :manny: Folks are going to get rich or veeeeery comfortable if they pay attention.

The only thing I’m certain of is this is going to be a repeat of his last term. Only question is if the country will be in a horrific political crisis by the time we make it to the other side of his administration.
 
KingTut

KingTut

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Gloxina said:
I’m just waiting for him to fukk up so badly the market tanks. That’s when I’m buying.

He’s crashing markets intentionally. I said this in another thread. It’s gonna be a repeat of his last administration. Covid pandemic— everything crashed, the smart ppl bought and held or played the options market while things were tanking and came out rich on the other side.


It’s all going to happen again. :manny: Folks are going to get rich or veeeeery comfortable if they pay attention.

The only thing I’m certain of is this is going to be a repeat of his last term. Only question is if the country will be in a horrific political crisis by the time we make it to the other side of his administration.
Click to expand...

The most important thing to understand here is that when the market(s) tank, the only people with enough liquid cash available to ‘buy the dip’ will be those who aren’t impacted by the market crashing. That would be upper class, a small percentage of the upper-middle class, and an infinitesimal amount of middle class people.

Everyone always thinks they’ll just wait around and buy the dip, but if that were the case half of this thread would have been millionaires by now. The fear and greed index is 99% real, but economics is 100% real.
 
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Gloxina

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KingTut said:
The most important thing to understand here is that when the market(s) tank, the only people with enough liquid cash available to ‘buy the dip’ will be those who aren’t impacted by the market crashing. That would be upper class, a small percentage of the upper-middle class, and an infinitesimal amount of middle class people.

Everyone always thinks they’ll just wait around and buy the dip, but if that were the case half of this thread would have been millionaires by now. The fear and greed index is 99% real, but economics is 100% real.
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You are absolutely right, but even a few thousand on the right plays will provide some decent results on the other side of this thing.


Regular ass ppl made tens to hundreds of thousands during that covid lockdown because they were on social media learning from other ppl. That’s the only reason I was late to the party last time. I wasn’t on the financial side of YT/Reddit/Twitter until ppl had shorted everything :mjlol::deadrose:

Just some simple common sense plays that I didn’t even think about.

Shoo, I was watching one breh last week who said to throw $1000 on a put option and made $14000.

Not an everyday occurrence, obviously, but there are opportunities that will be available when this shyt hits.
 
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Dameon Farrow

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Markets sucking every kind of stanking putrid ass right now. :snoop:


Gloxina said:
You are absolutely right, but even a few thousand on the right plays will provide some decent results on the other side of this thing.


Regular ass ppl made tens to hundreds of thousands during that covid lockdown because they were on social media learning from other ppl. That’s the only reason I was late to the party last time. I wasn’t on the financial side of YT/Reddit/Twitter until ppl had shorted everything :mjlol::deadrose:

Just some simple common sense plays that I didn’t even think about.

Shoo, I was watching one breh last week who said to throw $1000 on a put option and made $14000.

Not an everyday occurrence, obviously, but there are opportunities that will be available when this shyt hits.
Click to expand...
There are definitely ways to come out on top for the savvy and patient.
 
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