/biz/ - Business & Finance

96666 per year just for holding? You should be happy!

Now buy some BAO ;)

buy BAO and have financial freedom

>>26444455
you deserve bao chinks for that sacrilege

>>26444455
I saved this picture on September 29th, 2020...as you can see the timestamp on it is September 24 ... If I yolo'd off this picture that I saved for some reason, I'd be retired now.

>>26444748
this is literally me

>>26444590
>>26444660
>>26444691
fuck off spam niggers, this thread is to talk about how all crypto is retarded and how even OG bitcoin whales are getting utterly mogged daily by braindead robin hood zoomers

>>26444455
30x isn't lousy at all. Also /smg/ knew about Gamestop way before WSB. Your problem is that you didn't do enough research to gamble in stocks despite having all the resources you need right here

>>26444455
Those yolo traders will lose it all in another YOLO trade. They are using max leverage on future puts in the same week. The same week lmao!

The ones who won, which is a minority, now think they are the best traders ever and will be overconfident.
Buy and hold anon. Stop FOMOing

>>26444796
In the picture? Did you make money off GME?

>>26444943
yeah, on the left
god drew would NOT shut the fuck up about that gameflop thing or whatever

>>26444929
this.

we called cheap gamestop months ago. there was this one anon who kept making dedicated threads even. lurk more, faggot OP

did gamestop go up just because PS5 came out?

Bao gonna be 5 to 10 cents soon, better put some money on that anon

>>26444455
YGMI because you have patience. These children do not, and they will loose it all trying to replicate this little once in a lifetime miracle of theirs. And remember that a 30x is more than most boomers make on the stock market in their entire lives. Keep at it.

>>26445273
>and they will loose it
stopped reading right there low iq larper anon

>>26444455
Dont worry. you will be richer than them and trust me, they will lose everything. That group is even more retarder than 4chan

>>26444455
One kid made 11 million dollars. I can't believe how badly we're getting mogged by those soiboy faggots.

>>26446053
He put $600,000 on the line. Do that with any number of crypto yolos and you are very likely to match it

>>26444455
ngmi, also dont deserve your gains. rope already

>>26444455
>200x

200x because options
GME did not go 200x, options did

same thing can be achieved
sooner in crypto options trading or leverage trading

>>26446425
>sooner in crypto options trading or leverage trading
what platform are you using for this
coinbase doesn't appear to have these options

crypto is ok you just have to prepare your anus sometimes or it's gonna hurt even more.
link isn't a great idea. get safe on something like dht. the platform helps manage your portfolio too

Turned $300 into 18k in 3 hours with GME calls. Still a poorfag though

>>26446772
how, which app
QRD anon, please

have you tried gambling, OP
it sounds more up your alley

>>26446275
can u not read he only put 50k

>>26444455
GME is retarded as fuck. I wouldn't have done it because the outlook for that company is going to go to shit after this little pump it'll probably go down from there. I seriously don't see how they'll be able to continue with amazon and online retailers. Its a fucking game.

>>26446803
By buying 0DTE GME 60c on Friday on my broker. GME was 42 or so when I bought the calls, they were $18 out of the money. Once a call with a short expiry goes in the money ($60 or higher) then the calls give you insane leverage. GME spiked all the way to $76.76 per share, so the calls would have been over $16 in the money at the peak. I sold before the first stock halt, but I had decent timing. Had I held and sold the top, I would have made over 22k. A 1/22 GME 60c was $2 per call at open and were worth over $1600 per call at the peak. If you dropped 10k into these calls at open, at the peak you'd have over 8 million. I've seen a bunch of people posting screenshots of how they made anywhere from 10k to 4m on friday from GME calls. All of this happened in like 3 hours too.

>>26446275
$600,000 in LINK 3 years ago would now be worth $90m

Easy come easy go, Anon. Suffering builds character.

>>26444455
its not a zero sum game thats the problem. you moronic imposter jews fucked each other constantly for no reason except "muh secret linkie club"

Fuck the GameStop shizos were right?

>>26444891
you had 3 years

>>26446275

No, he put an initial investment of 50k.

Read through his posts, DeepFuckingValue

He also has a twitter, roaringkitty

It's honestly one of the most impressive internet autist calls out there... maybe ever

I've held LINK since 2017 too, but yesterday was my first Link price target. $25

I sold 10k at that price target. Still have over 3/4 of my original stack left. I think Link is delivering. 20 cents to 25 dollars.

Other price targets are 50, 75 and 100. Link just might deliver those. And staking. I'm still waiting for staking.

>>26447178
>on my broker.
WHICH. FUCKING. BROKER.

>>26446500
>leverage trading
binance has leverage trading and on mobile, it has options also

>>26444455
I'm gonna start moving more into stocks, no pajeet scams or pump n dumps to worry about with them. If the /smg/ general here wasn't so faggy I'd go there but suprisingly WSB isn't as faggy. (They're still a bunch of fags though)

>>26448999
Questrade, I'm a leaf.

>>26444455
Almost time for you to hold a rope

>>26448684
anyone who has 50k to gamble in such a high risk way already is very wealthy.

>>26444455
Maybe 0.0001% of the entire world has ever gotten a 30x. Let that sink in.

Make sure you know about BoringDAO / oBTC in the coming months.

>>26444455
$100k per year is more than most make on their salary

>>26450362
It's never enough. 100k a year, a million a year, it will never be enough

>>26449183
it wasn't that high risk when he bought in, the market cap was below the liquidation value of the company during coronavirus crash and they had 600m cash and were no where close to bankruptcy

>>26450439
it was still risky
hes lucky wallstreet bets picked it up,
otherwise he would have been fighting against the big invesment banks which have been continuously shorting gme and working to drive the price down.
it was absolutely a gamble by him, jist like how stock can remain continously over priced for years it can also remain underpriced, that fact alone doesnt mean much.

>>26444455
You are the only reason for your depression. Stop being so greedy.

>>26444455
Lol, it's all a zero sum game until you win. They have more people there, so obviously they'll get more winners.

>>26450596
i feel like there are algos scraping data from the sec website 24/7 doing the math looking for net nets and shit and thats why value investing doesnt work that well anymore

I despise you fucking faggots crying about WSB and Gamestop this week. /smg/ has been mentioning Gamestop for months and you never did anything about it