Boiler Room: The Official Stock Market Discussion

[Deafheaven]

What did you cop at?

I've bought in waves up to 1k but my cost basis is around 5.2.


I really don't have much of a way to go for this to be very profitable, but I'm holding till at least EOY unless some unforseen silly GME tier shyt happens.

 

[dora_da_destroyer]

By next year MARA/RIOT/SOS gonna be huge bags if you get in now. The cost of getting a full BTC is prohibitively expensive but as btc goes so does these mining comps and money can be made off em too

I have little faith in BTC being used for anything of note for years but I'm not sit back and not make some bread off it

you don't need to buy a whole coin tho, no? these brokerages do fractional shares, so i wouldn't expect them not to let people just buy dollar amounts of crypto

 

[Deafheaven]

you don't need to buy a whole coin tho, no? these brokerages do fractional shares, so i wouldn't expect them not to let people just buy dollar amounts of crypto

I believe so but I'm more convinced you could get a 5-10x return from the stocks concerning BTC than it being at 300k a coin...

But hell who knows. Reality has been stranger than fiction for a while now

 

[ahomeplateslugger]

NVDA has been killing it for me lately. love that company and debating if i should just add more now or wait for a pullback

 

[El Bombi]

What the hell is going on?

 

[dora_da_destroyer]

I believe so but I'm more convinced you could get a 5-10x return from the stocks concerning BTC than it being at 300k a coin...

But hell who knows. Reality has been stranger than fiction for a while now

there's still other company factors tied into these stocks like MARA, RIOT, they aint for the long term IMO. but BTC, you put 5k in now and it's at ~60k, if it 3x's in two years, so did your money. MARA and RIOT won't 3x just because BTC did, they haven't had the same percentage moves as BTC to date and i wouldn't trust sitting my money in them for two years. they're convenient because you can get crypto exposure through your broker via these stocks, but if schwab just let me buy BTC outright vs having to open yet another account at a crypto exchange, well i'd buy the currency

 

[Deafheaven]

there's still other company factors tied into these stocks like MARA, RIOT, they aint for the long term IMO. but BTC, you put 5k in now and it's at ~60k, if it 3x's in two years, so did your money. MARA and RIOT won't 3x just because BTC did, they haven't had the same percentage moves as BTC to date and i wouldn't trust sitting my money in them for two years. they're convenient because you can get crypto exposure through your broker via these stocks, but if schwab just let me buy BTC outright vs having to open yet another account at a crypto exchange, well i'd buy the currency

I dont think Id hold for two years either Im willing to sit on one of them for 8-12 months.

 

[ApolloStark]

Said this is the Nas thread in the booth but I'm looking at coinbase levels after that debut and thinking surely that's support for the foreseeable....

Good level to execute at?

 

[Panther]

$AMD

Im up today, especially in my options acct

 

[JetFueledThoughts]

Yea I understand that. But there's a lot of other crypto exchanges. A 90 billion valuation for CB is crazy IMO and I believe in crypto

Yeah I don’t disagree, I don’t have a great grasp on the valuation compared to market prospects. I’m a bigger believer in crypto in general than I am in $COIN as a stock

 

[Gilly]

I dont think Id hold for two years either Im willing to sit on one of them for 8-12 months.

Nice lil comeback so far.. should of added 4.30s

SSR should be activated rest of today/tomorrow

 

[winb83]

Yeah I don’t disagree, I don’t have a great grasp on the valuation compared to market prospects. I’m a bigger believer in crypto in general than I am in $COIN as a stock

It’s usually not a good idea to buy a normal stock IPO right away. They usually rise then fall below the IPO opening price before rising again. Almost always better to wait it out on them.

 

[winb83]

been getting trashed on this portfolio. I’m glad it’s only a few months old and so small because if it was sizable the results would be brutal.

Meanwhile Robinhood is headed the other way

I

 

[Saysumthinfunnymike]

The suppression on PLTR is amazing.

 

[Lord Beasley]

im tryna go to the moon with that lil dog. AnnoyingTV said he got in at half a cent, and we damn near at 20cents

edit: he up 20k off 500 investment in less than 6 months ( i think)