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12083655 No.12083655 [Reply] [Original]

Why aren't you guys investing in leveraged ETFs instead of BTC?

>> No.12083663
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12083663

this

>> No.12083690

>>12083663
distance between tops is way too short for a genuine double-top

>> No.12083692

Literally just buy the dip. Put 10k in TQQQ and average down until the bottom. Meanwhile your TMF accelerates as stock market crashes.

>> No.12083726

>>12083692
I'm in TQQQ as well but "buying dips" with derivatives doesn't mean anything. Derivatives like TQQQ don't have any fair value. They could be 1$ or 1000$ without regard for the price of the underlying asset. The price of TQQQ is determined all by the pattern and rate at which the QQQ changes value, not the value of the QQQ itself. TQQQ could fall to a dollar while the QQQ only goes down to 105, or TQQQ could still be like 25$ while the QQQ is at 105. It all depends on the speed and rate of the changes since it compounds daily. Their only goal is to return 3x the returns for the day.
TLDR "buying the dip" doesn't mean anything on derivatives such as the TQQQ, although it's smart to average into TQQQ unless you see tech dying soon.

>> No.12083733

"I want to be irrationally exuberant again"

>> No.12083743

>>12083663
Dude, That chart is only going up up up, where can I buy this fantastic product? Sir

>> No.12084098

bloody basterd shit, none of these were around back in the 80's or 90's and most werent around in the 00's

love u from india