Boiler Room: The Official Stock Market Discussion

[O.iatlhawksfan]

What options y’all buying right now?

 

[GoldenGlove]

I may do BlockFi and get that BlockFi Visa and just get rewards in BTC. Is that a good move?

That's a good move if you want to just get exposure with newer finance opportunities. It's scratching the surface of earning potential with your funds. Centralized exchanges are a happy medium between full DeFi and the traditional banking industry that has no problem investing our money and giving us shyt APY.

 

[Skooby]

DeFi and lending stablecoins is going to beat that 7.12% interest on bonds that was posted.

Hell, you can earn 8% on deposits on FTX, 10% on Celsius and Blockfi... Literally, just deposit USD or buy USDC (which is backed buy FIAT 1:1) and get that APY.

None of which are as safe as a bond. Plus that demo you had mentioned binance which I can't use anyways since I'm in the US.

it's not that easy sure you might get a high apy but if whatever exchange you are using get's hacked your coins will be gone

That's another concern. Hacking. Which you have groups holding companies hostages if they don't pay a ransom.

 

[Slim]

Anyone check out weed stocks lately? Looks like they’re ready to break out.

I only have planet 13 for my exposure so want to add more companies if they run.

I have a bit of MSOS (Canibus ETF) and I hadn't really noticed since it's a small position but it's been running the past 2 weeks.


edit: it looks like there are quite a few MSOS holders in here

 

[FreshFromATL]

MSOS gang

Which ones are you holding?

 

[Saysumthinfunnymike]

Which ones are you holding?

MSOS is a weed ETF.

 

[GoldenGlove]

None of which are as safe as a bond. Plus that demo you had mentioned binance which I can't use anyways since I'm in the US.



That's another concern. Hacking. Which you have groups holding companies hostages if they don't pay a ransom.

My guy, with inflation surging to levels that we haven't seen since 1990, why would you want to have your money tied up in a bonds?

 

[Rickdogg44]

Which ones are you holding?

MSOS etf

100 Shares
Cash Secured Put: MSOS 12/17/2021 26.00 P (up 50%)
Leap: MSOS 01/20/2023 25.00 C (down 11%, i bought this a while ago... but i have time on my side )

 

[Skooby]

My guy, with inflation surging to levels that we haven't seen since 1990, why would you want to have your money tied up in a bonds?

1) Diversification. It's better than a having money sitting in a savings account not earning anything.

2) I-Bonds adjust every 6 months with inflation. You're guaranteed not to lose money.

 

[-DMP-]

Yea I been taking my money that usually goes towards student loans and stuffing it in a BlockFi savings account.

My manager is crazy tho, he actually has all his savings in it.

 

[GoldenGlove]

1) Diversification. It's better than a having money sitting in a savings account not earning anything.

2) I-Bonds adjust every 6 months with inflation. You're guaranteed not to lose money.

This may not happen today.

But you'll eventually realize the reason I shared what I did is because of exactly what I bolded in your post.

 

[GoldenGlove]

Yea I been taking my money that usually goes towards student loans and stuffing it in a BlockFi savings account.

My manager is crazy tho, he actually has all his savings in it.

BlockFi is pretty big tho, so it's not really that crazy.

 

[Rekkapryde]

Tesla & Take 2 today

 

[-DMP-]

BlockFi is pretty big tho, so it's not really that crazy.

I guess I feel that way because they aren’t FDIC insured.

 

[Sinnerman]

Damn, I forgot to check up on my positions today

I'm out of it