Investing (aka GameStonk and other gambling events)

It was, I took some profits at 30k on Monday morning

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It was under 20k on December 15th lol

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Woke up this morning. Oh shit, please be red, please be red. Nope. I’m an idiot. I just didn’t see continued mooning high up on the list of possible outcomes. Fuck me now I sound like you guys. :stuck_out_tongue:

And I can’t buy back in forever. Fidelity says 2 business days (IRA) but it always seems to take a week.

Well at least I can console myself that stonks are always perfectly rationally priced and I really only missed out on like 3 days of Sklansky EV (5% * (3/200 days)). Also I make take this opportunity to rebalance more heavily into index funds.

Who’s always wrong more, Tooth Sayer or Bill Kristol?

Larry Kudlow

If Bitcoin ever pauses I’m expecting Ethereum to explode upwards on the ETH/BTC ratio again. A lot of people probably are. And those people will all buy ETH, which will make it go up. stonks!

I can sell on Fidelity and buy immediately in my IRAs. I mean, it takes a few days after that for everything to settle, but who cares. And I do not have a leverage account. Why do you have to wait?

At least for me on Vanguard I have to wait like 7 days before i can do the backdoor rollover. But I didn’t need to wait for brokerage purchase with pending money market funds on my account opening, and after that one I was able to just direct-buy from checking account.

Huge crypto bull who is actually logical is calling for eth to $40k. I’d be able to retire.

Also STONKS. My Sleepy Joe green energy play is up 725% and counting.

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Ok I guess I can buy. I just assumed by cash available meant my buying power.

Nope, cash available to withdraw can be $0 but you can still buy. Usually immediately.

Right - I just can’t sell for a while now apparently. So look for black swan tomorrow.

Did it just drop 3K in like 10 minutes after it hit 40?

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Yeah standard 10% drop no big deal (:

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Sounds like I better get in on this!

suzzer has entered the crypto market.

Nah, I didn’t even buy back into my QCLN because it seems to heavily track TSLA. I’m all about value not high-fliers.

TSLA now higher market cap than FB

FB is up 2% today

lmao. how long til TSLA > All other companies in the SNP500 combined

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Since March of 2020:

BTC ~$5k—>$40k
TSLA ~$80–>$800 current P/E ratio ~1500

A 1.5k P/E isn’t cool. You know what’s cool? A 1.5M P/E

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