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Sand Monster
Apr 13, 2008

Cacafuego posted:

E: did Elon say something? Doge down 50%

It's probably all crypto, and being driven by Chinese crackdown: https://www.marketwatch.com/story/bitcoin-tumbles-below-40-000-after-china-issues-crypto-warning-11621411944

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pmchem
Jan 22, 2010


obscure fun etf news of the day

https://twitter.com/NateGeraci/status/1394996249120608257?s=20

Red
Apr 15, 2003

Yeah, great at getting us into Wawa.
God drat. There are a lot of folks out there who just got wiped out.

Cacafuego
Jul 22, 2007

How will this affect TSLA and will Burry’s puts be printing $$$?

smoobles
Sep 4, 2014

time to buy the dip

njsykora
Jan 23, 2012

Robots confuse squirrels.


smoobles posted:

time to buy the dip

Can't buy the dip when Coinbase is having some convenient technical issues.

smoobles
Sep 4, 2014

i meant guacamole. i don't own BTC just enjoying the show

cr0y
Mar 24, 2005



I bought a single SPY call yesterday, sorry guys this is all my fault.

Residency Evil
Jul 28, 2003

4/5 godo... Schumi

njsykora posted:

Can't buy the dip when Coinbase is having some convenient technical issues. bought crypto, crashed, and is now undercapitalized.

LLCoolJD
Dec 8, 2007

Musk threatens the inorganic promotion of left-wing ideology that had been taking place on the platform

Block me for being an unironic DeSantis fan, too!
My stocks are down a bit today but I don't feel bad when I see crypto prices.

/r/cryptocurrency features two suicide hotline posts and a link to the McDonald's careers page. Sad.

Elysium
Aug 21, 2003
It is by will alone I set my mind in motion.


Blue chip $GOON aways coming through in the tough times

cr0y
Mar 24, 2005



RICK 🥺

E: $GOON my singular green beacon in a violent sea of red. It appears the market is fleeing to us for safe haven during these trouble times.

cr0y fucked around with this message at 14:54 on May 19, 2021

Pilfered Pallbearers
Aug 2, 2007

cr0y posted:

RICK 🥺

E: $GOON my singular green beacon in a violent sea of red. It appears the market is fleeing to us for safe haven during these trouble times.

Lmao. It really is my only green, and seems to be holding.

Grouchio
Aug 31, 2014

Red posted:

God drat. There are a lot of folks out there who just got wiped out.
Is this a big schadenfreude? Or a big pity moment?

TheWevel
Apr 14, 2002
Send Help; Trapped in Stupid Factory
Lost over $200 on my Ethereum, sold it all, bought a VXX call and made my Ethereum money back. :c00l:

crimedog
Apr 1, 2008

Yo, dog.
You dead, dog.
Goon is gonna moon, I got out with a few dollars profit because I should have set a stop loss of 10% which would have hit, so I figure this is a win for me

I'm bad at this

mongeese
Mar 30, 2003

If you think in fractals...
My cryptos are dying, Build a Bear Workshop down almost 5%...what is the world coming to?

Garfu
Mar 6, 2008

Much like buttholes, families are meant to be tight.
I'm now worth about 40% of what I was worth during GME month. Yikes

Red
Apr 15, 2003

Yeah, great at getting us into Wawa.

Grouchio posted:

Is this a big schadenfreude? Or a big pity moment?

I mean, people who smoke are making a poor life decision, but I’m not cheering for anyone to get lung cancer.

BurntCornMuffin
Jan 9, 2009


At least NDRA is back up to where the "dip" I bought at was.

Michael Corleone
Mar 30, 2011

by VideoGames
*knocks on wood* My RIOT call is surviving the crypto crash surprisingly well, was gonna buy another when it was down but didn't have anything I wanted to sell, and am not putting more in (hey the smartest thing I ever said in this thread!)

cr0y
Mar 24, 2005



The crypto subreddit right now is not doing well.

bad boys for life
Jun 6, 2003

by sebmojo

cr0y posted:

The crypto subreddit right now is not doing well.

This is why I only make stupid bets on stocks that typically wont lose most of their value before you can do anything about it. Making 50% profit on crypto or 50% on stocks is the same thing. The markets a casino if youre speculating like this, so play games that have better odds for you and are more consistent.

Pillowpants
Aug 5, 2006
I put $100 in Coinbase a while back and never looked at it again. It’s now worth $51

The Bloop
Jul 5, 2004

by Fluffdaddy

Pillowpants posted:

I put $100 in Coinbase a while back and never looked at it again. It’s now worth $51

the system working as expected

Hot Dog Day #82
Jul 5, 2003

Soiled Meat

bad boys for life posted:

This is why I only make stupid bets on stocks that typically wont lose most of their value before you can do anything about it. Making 50% profit on crypto or 50% on stocks is the same thing. The markets a casino if youre speculating like this, so play games that have better odds for you and are more consistent.

Yeah for sure. It’s fun to have maybe 5 or 10% of your brokerage money in Fun Times Gambling, but outside of that I am a boring ETF investor. I’m hoping that Goon will give me enough in profit to buy a share of VTI or whatever, but honestly it’s been worth it just for this thread so far haha. It’s like when you get a lottery ticket and can think about what you’ll do with your 500 million bucks that you’ll obviously for a day or two before reality rears it’s ugly head.

Hadlock
Nov 9, 2004

$GOON to $2.25

Shammypants
May 25, 2004

Let me tell you about true luxury.

bad boys for life posted:

This is why I only make stupid bets on stocks that typically wont lose most of their value before you can do anything about it. Making 50% profit on crypto or 50% on stocks is the same thing. The markets a casino if youre speculating like this, so play games that have better odds for you and are more consistent.

Hang on let me translate this: "Boring, boring yawn yawn yawn boring, 5%, boring." :P I mean I am kidding but the reality is it's nice to have a casino to make money off gambles rather than purely adult savings/investment options.

Doobie Keebler
May 9, 2005

Does anyone have good recommendations for videos to learn TA? It's something I've found interesting and I've been getting in to it this year.

Related to that, one of the streamers I've been watching has been banging the drum over the Wyckoff distribution that bitcoin was forming for 2 months. It was a big sign of the current price dump but no one wanted to believe it. Elon and China just gave the last nudge to push it off the cliff. I cashed out most of my crypto funbucks over the last few weeks for a decent profit. There's so much nonsense FOMO and diamond hands talk out there. Lots of people losing their shirts today.

HamsterPolice
Apr 17, 2016

Buffett dumps bulk of his remaining Wells Fargo shares
https://www.ft.com/content/e8f9c368-2a3c-490e-a289-ec8a1216f943

Owned.

Doobie Keebler posted:

Does anyone have good recommendations for videos to learn TA? It's something I've found interesting and I've been getting in to it this year.


There's a lot of good resources since TA works if everyone thinks TA works and so theres incentive to spread the knowledge.

That said, my favorite book is Technical Analysis of the Financial Markets by John J. Murphy which cover a broad swath of TA. And then from there to explore the areas you find interesting.

HamsterPolice fucked around with this message at 17:05 on May 19, 2021

Garfu
Mar 6, 2008

Much like buttholes, families are meant to be tight.

Garfu posted:

Anyone know when AMD is gonna start climbing again?

:hmmyes:



what a fuckin save. Was feeling pretty down about these $73k worth of calls

cr0y
Mar 24, 2005



What's up with RICK today 🤨

Femtosecond
Aug 2, 2003

Garfu posted:

:hmmyes:



what a fuckin save. Was feeling pretty down about these $73k worth of calls

Only two days until May 21st? Aren't these most likely to expire worthless? I wouldn't have thought you'd be in the green here.

Where/when did you buy these at to be at such a gain?

Garfu
Mar 6, 2008

Much like buttholes, families are meant to be tight.

Femtosecond posted:

Only two days until May 21st? Aren't these most likely to expire worthless? I wouldn't have thought you'd be in the green here.

Where/when did you buy these at to be at such a gain?

Yes, I was fully expecting them to expire worthless. I was ready to eat the loss.

I should be able to get out even at this point, which I'm cool with. The % there is the day gain on the premium, so not my total gain. I bought them last week (and some this week to lower my average) at an average price of $0.29

I'm going to let it ride another day again with the expectation they may be worthless after tomorrow. Gamblin'

TheKevman
Dec 13, 2003
I thought Mad Max: Fury Road was
:mediocre:
so you should probably ignore anything else I say

Garfu posted:

Yes, I was fully expecting them to expire worthless. I was ready to eat the loss.

I should be able to get out even at this point, which I'm cool with. The % there is the day gain on the premium, so not my total gain. I bought them last week (and some this week to lower my average) at an average price of $0.29

I'm going to let it ride another day again with the expectation they may be worthless after tomorrow. Gamblin'

Ah yes, the old 'bird in the bush is worth 2 in the hand' play

TheKevman fucked around with this message at 20:04 on May 19, 2021

dougdrums
Feb 25, 2005
CLIENT REQUESTED ELECTRONIC FUNDING RECEIPT (FUNDS NOW)
:thunk:

Only registered members can see post attachments!

Sand Monster
Apr 13, 2008

#AMCSTRONG is trending...

https://mobile.twitter.com/PappaApe/status/1395003733893947397

Elephanthead
Sep 11, 2008


Toilet Rascal

Hadlock posted:

$GOON to $2.25

Is 2.25 the moon?

Power of Pecota
Aug 4, 2007

Goodness no, now that wouldn't do at all!

Elephanthead posted:

Is 2.25 the moon?

It was above like $2.50 ~3 weeks ago and around $3.00 in March

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ARTPUP
Jun 7, 2013

Bought 108 more shares of Magnachip (MX) @22.70 on Monday. Slowly creeping back up...

Taboola showing strong Q1 earnings with around 89 million in gross profit. ION Acquisition (IACA) still under $10.

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