Tendies of the day:

APDN 7.5C 17D

Runners of the day:
APDN
AMTD
HKD
ILAG
OST

Im fr just about to start doing the opposite of what i think

I can beat the market

3 certainties in life:

1. Death
2. Taxes
3. @JayS doesn’t lose
4. @emu has horrible posts

The problem is that people have unrealistic expectations. Market has historicall returned 10% a year and most people can't pick stocks too well when we aren't in a huge bull run.

Mean reversion is real, just takes a long time

Stocks should be bought anywhere until around +1 Standard Deviation from the mean and definitely sold around +2 SD's

This helped me a lot to sell a ton last year

When this rally cools off a bit, go to say 3900s in the S&P500, I will get a lot more invested, majority cash. But likely use it to trade until 4300 or so. If we continue to drop to retest lows or new lows, I will put the last piece in

I think your last sentence is off base. Yes, unfortunately, the space is currently rife with scams and grifters but it's not by design. I suspect improvements around dealing with scams and better security measures will abound as time progresses. To collapse the entire crypto sector into a pyramid scheme just shows you are lacking depth in the area. I find that when a person starts speaking in absolutes about a topic, they usually don't know what they are talking about. I think nuance is important when discussing technology like this.

The technology underlying NFT's is not inherently tied to the popular art use cases we see today - see ethereum.org/en/nft. It's actually comical how many potential use cases there are for NFT's and yet only jpegs capture most of the mindshare. I implore you to take a look at the good work being done over at POAP - poap.xyz, ENS - ens.domains, and Royal - royal.io for example. It may change your narrow outlook on the space.

I think art focused NFT's, especially pfp ones, will continue serving their purpose for those small sector of people who want to invest in them (small in relation to the global population). However, I think NFT's with much broader and more useful applications will prevail over time in terms of number of people using them.

The problem is Mr. Armchair Quarterback is that you are never wrong

Your scenario quickly changes if you aren't the perfect trader (you're not)

Those same emotions exist whether you're "trading" or "holding"

Plus you never mention taxes on your hypothetical perfect sell high opportunities at the top

The tax goblin is even worse than the gains goblin

That's why you never sell if you're smart

Not to mention once again you have to "time the market" to buy back in

But no worries for you of course, since you're the best long-term holder/part-time trader we've ever seen

A lot of hypotheticals. If the S&P cools. If it goes to 4,300. I'm not buying with my "dry powder" until new lows!

Damn that's some cool market lingo

Let me guess, none of the scenarios will play out, yet somehow you're magically back 100% invested back into the market. Because? Reasons.

Laughable. Go play the powerball

See this is where you f*** up. You think I joke about this stuff just because I make funny comments about it lol

nine anime dragons dont miss.

Not your keys on Solana not your crypto

I love this thread

The problem is that people have unrealistic expectations. Market has historicall returned 10% a year and most people can't pick stocks too well when we aren't in a huge bull run.

Mean reversion is real, just takes a long time

Stocks should be bought anywhere until around +1 Standard Deviation from the mean and definitely sold around +2 SD's

This helped me a lot to sell a ton last year

When this rally cools off a bit, go to say 3900s in the S&P500, I will get a lot more invested, majority cash. But likely use it to trade until 4300 or so. If we continue to drop to retest lows or new lows, I will put the last piece in

That photograph makes it so much more clear, thank you

Wednesday's Tendies:

$META 170.00C 2D
$SPY 415.00C 0D
$QQQ 320.00C 0D
$PSTX 7.50P 2D
$AAPL 167.50C 2D

I am not going to tolerate this type of disrespect from a random

Go look back at all my posts and go back to KTT1

Sold out as alts started to roll over in late 17 and early 18 and when it was clear the bubble was over

Bought alts in 2020, no I didn't catch the bottom, but made multiples and sold in 21 Spring and Fall

Kept about 15% of my holdings and then sold this year on a bounce in the spring besides some btc

I was literally 85% or so cash and then bought some stocks in March and May, pushing me to about 30/70

I wish I had bought a ton in June to flip, I didn't, o well

Just waiting to see what happens now

If we keep on rising in the stock market, I will soon be positive YTD and flip a lot of stuff on this monster rally

If we fall lower, going to start to get more invested

Have fun being broke

It is good to know that many here kept buying into late 2021 and eary 2022 and are now down 50-75%

Lmaooo nigga is that a zodiac sign birth chart????

Now zoom out to YTD and show the purchases made at 400

Ok but you still ignore my biggest point, your taxes offset all your perfectly timed moves lol 🤣

You are an idjit

July 7th- $19
August 3rd- chainlink fully integrated
August 4th- $42.20

Don't buy metis 😂😂😂😂😂😂😂😂