[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 136 KB, 1316x2560, Screenshot_20200427-103539.png [View same] [iqdb] [saucenao] [google]
18712629 No.18712629 [Reply] [Original]

>Crypto currency
>Ever

I've held Ethereum since October, average price of $188/per token. It wasn't until THIS week that I finally went even with my shitty Cryptocurrency that was supposed to go to $1000/token by now.

I cashed out 15 tokens, started trading options on Robinhood for free and made almost $3000 in three weeks.

Cryptocurrency is just as volatile as options, but the 5% whales control the whole fucking market and cash out out any time there's a 10% gain. At least with options you can actually do research and make good decisions, crypto is just a crap shoot.

Why would anyone invest in crypto when you could invest in actual real stocks?

>> No.18712673

>>18712629
based options chad

>> No.18712706

Because you don't get fucked by Theta

>> No.18712730

>>18712629
>At least with options you can actually do research and make good decisions
lmao not really. It's all a coinflip casino. But hey I'm glad your survivorship bias is working out for you.

>> No.18712813

>>18712730
>identify highly shorted stock
>wait for catalyst
>play short squeeze
>make 50%+ in a day
>Can do this 3 times a week

Yeah keep telling yourself that all the hedge fund managers are just getting super lucky.

You're much better off investing in crypto where every price move makes complete sense!

>> No.18712847

>>18712706
If you're buying weekly options and holding until Thursday then you deserve to lose your money

>> No.18712908

>>18712629
>even with my shitty Cryptocurrency that was supposed to go to $1000/token by now.
It already did that you fucking buffoon.

>> No.18712993

>>18712908
Exactly and it's never going to go there again, the entire market is tricking people into FOMO buying, driving the price up 10%, then whales profit-taking, and people panic selling to the whales.

It's happened over and over and over, and it will continue to happen

>> No.18713006

>>18712629
>Why would anyone invest in crypto when you could invest in actual real stocks?
because stocks are propped up with BRRRRR and the only one who is winning at stocks are the already rich who get bail outs and brrrr money deposited straight into their bank accounts to buy stocks

>> No.18713038

>>18712813
I’d like to learn this please. I’m a decently intelligent guy with a math brain. Links?

>> No.18713040

>>18712629
It will not go to 0, retard. you missed the boat. deal with it. hahahahah

>> No.18713061

So what, you're gonna do weekly reports for us? You want us to suck your dick for being lucky "for now"?

>> No.18713087

>>18712629
Have fun losing it all in a couple of weeks. Options are totally controlled by the jews

>> No.18713206

>>18713006
>Printer goes BRRR: Buy calls
>Economy crashes: Buy puts

You can make money both ways fag

>>18713038
There's plenty of resources to learn, just Google it


>>18713040
I still have 20 ETH, it just seems like a waste of time to sit here and watch it do nothing for 7 months


>>18713061
>>18713087
>You're gonna get tricked out of your money!
>buys chainlink

Yeah brilliant alternative

>> No.18713274

>>18713206
Nobody gives a shit about link. Have fun with your options when there's movement pre or after market and you cant respond until market open at which point you're down 60%

>> No.18713317

>>18713206
>implying I buy shitcoins only existing due armies of shills spamming the board for years

>> No.18713345

>>18713274
If you're consistently getting obliterated pre/post market then you're just a shitty trader.

Playing earnings is a coin flip, momentum trading is way safer and easier. You can also play spreads and take even less risk.

Obviously you're gonna have losses occasionally, but almost all of my losses have come from panic selling.

>> No.18713365
File: 43 KB, 1240x520, 15EE4F6B-6BFD-4089-966E-40A0BCCD28D4.jpg [View same] [iqdb] [saucenao] [google]
18713365

>>18713038

You must be a retard. If it goes up, buy calls. If it goes down, buy puts. If you buy calls and it goes down just buy puts. If it goes up and you bought puts, just buy calls. You can’t ein unless you’re literally braindead

>> No.18713510

>>18713345
>>18713274

Even if you do get fucked on "sell the news" earnings, like people did on Intel last week, the day after Intel/AMD went up like 6%.

If you're just patient you can easily break even or even make money on stuff that doesn't go your way by charting the technicals and doubling down at the bottom.