Holy S--t Batman....
- Thread starter Mas-sa-suta
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Have a look at this chart since the opening day orchestrated pump. Hopefully our good friend snarlcakes didn't get taken in.
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I feel for any supporters who bought in the $70 range.
Spend your money buying equity in real companies that create products and services that benefit people.... Instead of trading tulips to the next sucker.
When the bear market comes, and it always will, don't be holding fake assets. They'll be killed. The leverage positions in crypto are huge. Nobody will care until the tide goes out.
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Probably didn't help that market that the North Koreans figured out how to steal $1.5 billion from one of them either.
Thankfully I’ve done quite well. My biggest gains have been on a smaller coin. I routinely put my profits back into the stock market and allow my financial advisor to manage. My only long is bitcoin but I sleep at night by adhering to the cost average method.
I buy a small amount of btc every week and own 6 mining computers to add to my positions.
Don’t you worry about me. I’m deploying more cash. This post makes me feel even better about my decision.Have a look at this chart since the opening day orchestrated pump. Hopefully our good friend snarlcakes didn't get taken in.
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I feel for any supporters who bought in the $70 range.
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Way to keep a stiff upper lip. With stoll getting you fired from your teaching job for posting during the school day, and now the Bitcoin crash of 2025, things have to be pretty bleak.
Thoughts and prayers.
Thank you Bulky for those kind words. I hope you fall down and break a hip today.
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I wish I had those moves.Thank you Bulky for those kind words. I hope you fall down today and a break a hip today.
Damn no shit!! Eppy took it next level. @snarlcakes get him to auburn. Vip treatment (I.e. don’t charge him membership fees, dues, incidentals, for merch, and for our “we’re under siege program.” You can waive the $1,499 for the program and give him the CDs.
Thank you
That guy ****sThank you Bulky for those kind words. I hope you fall down and a break a hip today.
I don’t know where or who snarktakes teaches, but he probably drives a shit-ton of “school vouchers” Google searches by parents leaving his class on Back to School night.
Thank you Bulky for those kind words. I hope you fall down and break a hip today.
You know he's pulling all the honeys in the retirement home.
#lifegoal now initiated.
Look, its not for the faint of heart. Sometimes you have to lose a bit (or a lot) to figure out how to win. It's the same process I had with Draftkings. You have to find a system and stick with it unitl it ceases to work and then you have to be willing to pivot. When you get lazy and veer from "the process" of what makes you successful you either adapt or get out of the game. Thats why I stopped playing Draftkings. I was successful and then started to cut corners.
As for cryto coins, there's a lot of luck but when the market is hot everyone's dart seemingly hits the board. You have to do the research though and trust your instincts and most importantly ignore the noise of the influencers. If you become a follower and don't do your own research you will get burned. On a side note even when you're doing everything right, you risk the chance of being hacked. At my height I was doing a lot of daily transactions moving coins from farming to my wallets to coinbase and out to my bank to realize the gains. I got careless though with a click and got hacked for more than I want to mention. It was a phishing scam and they took me to the shed and beat the Fvck out of me. Telling my wife what happened was maybe the worst of it. I stopped with the less safe corners of the crypto world and primarily stick with my coinbase wallet.
The connection with all of this, the crypto coins and fantasy sports and even stocks, is I love the research. It's not about the money. It's about identifying the story line that has the best odds of making you profits. It's about trying to be the smartest person in the room with just enough luck you hit the bullseye. You have to be willing to take your losses though and learn from them. Also managing your wagers whether it be for fantasy sports, crypto or the stock market you have to not spend beyond your means or you will find yourself broke. You will be nothing more than an addict needing to attend a 12 step program.
As I mentioned I've given up on the riskier side of crypto and investments and prefer cost average to dart throwing. Don't get cocky, pivot as needed, and put in the time, there's no cutting corners.
I should mention when I refer to Draftkings, I'm not talking about the sportsbook. I stay the hell away from that. It's an easy way to lose everthing. I preferred the contests of making a lineup. You guys are probably familiar with the Douchebag Fantasy Golf contest over on the AOTF, I started that some years ago and proud to see it's still kicking. I don't play but happy to see others are.
I'm usually humble, but I guess not today.
Anatomy of a winning lineup.
There was a lot of luck involved here too. I played 150 lineups, but only needed one to hit big. There's a fine line between being contrarian and being stupid. But you have to be a little different to win against over 207k lineups.
Anatomy of a winning lineup.
There was a lot of luck involved here too. I played 150 lineups, but only needed one to hit big. There's a fine line between being contrarian and being stupid. But you have to be a little different to win against over 207k lineups.
I think this is precisely what is wrong with what the stock market has become. A house of cards built on stories. The fundamentals are what should matter.
The problem is that is the whole economy anything other than a house of cards? It's completely financialized. Does anyone invest in stocks now? Maybe Warren. Sure seems like 99% of investors are operating under the greater fool theory.
Oh, I absolutely agree regarding storylines. I think you make your smallest bets on the story lines or narratives "YOU" believe in and put your big money on the blue chips. There's a reason people buy low and sell high. When a quality company with great fundamentals takes a dip you gotta pounce.
Years ago I was going to buy a bunch of arcade games. I have three friends who own about 25 restaurants in town. Good friends! They said they would not trade their existing games bc if they went with me and the games broke they’d never get fixedI considered crypto investing, but decided to put all my money into vending machines instead. Fairly level ROI...
I'll be honest I haven't been follwoing the ETF's much or doing the dirty work of my previous research so I cant give you an educated response. I will however say having some exposure to the Coinbase stock is not a bad way to make your play. You're making your investment through a legit manner and getting exposure from the crypto market without having to pick a single coin that will hit. But again do your own research.
I do also reccomend having 10-20% of your portfolio in cash so you're ready to make a move when an opportunity presents itself.
Oh shit, you misunderstand. I literally put my investment dollars into vending machines and it spits out goodies.
I've been uneasy in the general markets starting mid last week. Moved low seven figures into cash. I'd never move that amount into crypto, but may move a couple hundred into BITC or something similar.
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