Replies: 13
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Orange Blooded [3362]
TigerPulse: 100%
Posts: 3342
Joined: 10/6/02
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Any of you jokers get in on Bitcoin way back before it skyrocketed?
Feb 22, 2021, 8:25 PM
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When it pulled back to around $6000 back in the spring, I thought about jumping in. Motley Fool thinks it will hit $500k in the next 5 years.
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Heisman Winner [136597]
TigerPulse: 100%
Posts: 41778
Joined: 8/26/07
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All I’ve read is how miners are going to drain
Feb 22, 2021, 8:27 PM
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the entire electric grid in 20 years.
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Oculus Spirit [97880]
TigerPulse: 100%
Posts: 64979
Joined: 7/13/02
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I'm pulling mine out because PayPal SUX
Feb 22, 2021, 8:38 PM
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Swear if it drops before they reactivate my account, I'm going to join a class action lawsuit. Yeah, ANOTHER ONE.
Evidently they limited my account with ZERO notification. NEVER GAVE A REASON. Just logged in one day and happened to click the little red dot on the notification icon. Said I had to send a bank statement and my driver's license. Would hear back in 3-7 business days. Sent it. Didn't hear back. CALLED (found a number). They said my SCDL was not accepted, for NO REASON GIVEN. So I sent it again.
Swear as soon as I can, I'll pulling every penny out from them and closing that account. I'll buy and sell bitcoin somewhere else. They have my cell number. They have my email. ZERO communication from them ever about this. Freaking awful for a financial service, of ANY sort.
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All-In [36450]
TigerPulse: 100%
Posts: 18324
Joined: 12/6/13
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I lose sleep over this thought.
Feb 22, 2021, 10:00 PM
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If I had only put my money into BC at 5k in May I’d have about a quarter million right now. Pay off my house, buy a new truck... F F F!!!!
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CU Medallion [54759]
TigerPulse: 100%
Posts: 52803
Joined: 10/1/03
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my coworker did all he could to get my to buy in when it was
Feb 22, 2021, 10:35 PM
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$92
ninety two.
i did not, until it was $2500-ish, the first go around, but didn't buy much...
He's up to a tad over $1mil at the moment, in BTC alone...he's got a bunch of others, too
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Oculus Spirit [81315]
TigerPulse: 100%
Posts: 56310
Joined: 9/13/04
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I bought in Dec 28.
Feb 22, 2021, 10:47 PM
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I've almost doubled my original $500..lol
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Lot o points [156129]
TigerPulse: 100%
Posts: 65926
Joined: 5/6/13
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Bought it during the dane era--2016-ish
Feb 23, 2021, 7:57 AM
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Bought about 8 of em at $500-ish. Rode it during the surge to $13k, hung on too long and sold at 3k-ish, feeling pretty good about it.
Tbat'd be $400k+ today. FML.
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All-TigerNet [12763]
TigerPulse: 100%
Posts: 20268
Joined: 10/16/00
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I'm with stupid^^^
Feb 23, 2021, 4:13 PM
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not that much, but same feels.
Thought about getting back in, but #iaintknow
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All-TigerNet [12763]
TigerPulse: 100%
Posts: 20268
Joined: 10/16/00
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Re: I'm with stupid^^^
Feb 23, 2021, 4:18 PM
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and by stupid, I don't mean STOOPID. It's just a saying. Just saying. I don't get on here much anymore and not sure of the cancel culture deez dayz. :-D
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Legend [17959]
TigerPulse: 100%
Posts: 8958
Joined: 12/24/96
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I missed that boat too
Feb 23, 2021, 8:55 AM
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even told my wife when it dropped back to around 3K a few years back that we should buy 1 or 2.... but didn't. Heck, I remember back when it was all crazy new a chance to buy some - "just put $100 in" i was told... all I can do is just shake my head at what could have been.
EDITED: I do have a friend that won 30 BC at a Casino about 10 years ago. He didn't think much of it then - but he did buy a few more after prices started climbing the first time - he has 35 BC
Message was edited by: HuntClub®
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Hall of Famer [22012]
TigerPulse: 100%
Posts: 8639
Joined: 9/11/11
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FOMO is a helluva drug
Feb 23, 2021, 10:48 AM
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made some decent money on BTC but nothing to retire on. I'll likely never hit any of these "big" moves b/c I still trade / make positions based on how I learned to trade the futures. Once you hit a profit target, take profits.
Sure. I sold BTC around $7k, would've been whatever now. Sold GME at 140 right before papa musk's tweet, would've doubled position or whatever....but you can't trade looking forward based on the exception that skyrocketed and would've let you print tendies. Trade on your strategies and find profit targets that generate positive cashflow and win more than you lose.
There's companies out there all over the place that I'm sure many in y'all's generation missed. Netflix, Apple, Amazon, Google, Tesla, etc. etc. There will always be more opportunities and the Fed still printing so shit's going up.
I'd take 20 profitable trades a year at 15+% all day long before waiting for another BTC, GME, etc. etc.
I also don't have the time to trade as actively as I'd like. There's a diminishing return on trading with my current capital relative to my day job. So I stopped paying as much attention to it and focusing moreso on swing trade, or mid-length, opportunities to find a balance between real work and play money.
I'm getting very bullish on a new options strategy me and some homies are working on that's generating solid returns on a very consistent basis. Low risk, mid cap requirements, looking for that 5-15k / year return. Wets my whistle with trading and keeps me involved enough to feel like I'm doing it.
Now, I've read some interesting strategies around augmenting your gold/silver positions with BTC. I'm starting to do that myself so the comparison for long term returns can be compared to that of gold/silver instead of just gambling looking for those sweet, sweet tendies.
Keep in mind that BTC futures are traded in Chicago now (for about a yearish?). So you're playing with the big boys.
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Heisman Winner [105802]
TigerPulse: 100%
Posts: 65291
Joined: 12/2/02
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I just realized r/allstreetbets is just
Feb 23, 2021, 10:51 AM
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r/redpill and r/justneckbeardthings with a little r/mallninjashit and some money.
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Heisman Winner [105802]
TigerPulse: 100%
Posts: 65291
Joined: 12/2/02
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*unfortunate typo...oh well***
Feb 23, 2021, 10:54 AM
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Hall of Famer [22012]
TigerPulse: 100%
Posts: 8639
Joined: 9/11/11
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I think the GME situation
Feb 23, 2021, 11:01 AM
[ in reply to I just realized r/allstreetbets is just ] |
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certainly magnified the "redpill-ness" of the board, if that makes sense.
but yes, mostly just a bunch goobers gambling with options in a winner take all fashion which is highly entertaining.
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