Started By
Message

re: Here to celebrate BTC and MSTX w/ you all!

Posted on 12/5/24 at 12:02 am to
Posted by Big Scrub TX
Member since Dec 2013
38521 posts
Posted on 12/5/24 at 12:02 am to
quote:

$100k BTC means a lot more to overall crypto. That’s why I’m celebrating
Waiting for someone to explain how the world of $100K+ is different than the world of yesterday.

The truth is, crypto has pretty much yet to do ANYTHING.

Meanwhile, AI actually is causing actual disruption just 2 years after the release of Chat GPT. Bitcoin is now pushing, what, 17 - and what do we really have to show for it?
Posted by stuntman
Florida
Member since Jan 2013
10555 posts
Posted on 12/5/24 at 2:13 am to
Posted by jmarto1
Houma, LA/ Las Vegas, NV
Member since Mar 2008
38009 posts
Posted on 12/5/24 at 7:39 am to
I have a nice chunk of change to show for it
Posted by Granola
Member since Jan 2024
1900 posts
Posted on 12/5/24 at 7:53 am to
Ready for MSTR to run
Posted by HagaDaga
Member since Oct 2020
5988 posts
Posted on 12/5/24 at 8:09 am to
Think it will run early this morning? Wondering thoughts on buying more first thing or letting this initial morning opening bump settle some?

And any reason people chose MSTX instead of MSTU as the 2x etf?
Posted by BCreed1
Alabama
Member since Jan 2024
6445 posts
Posted on 12/5/24 at 8:46 am to
quote:

And any reason people chose MSTX instead of MSTU as the 2x etf?


I trade both. Purchase MSTU at $61. MSTX at $35. After MSTU showed out, it was cheaper for me to add to MSTX.

Both do exceedingly well for me in calls sold.

Posted by Big Scrub TX
Member since Dec 2013
38521 posts
Posted on 12/5/24 at 8:53 am to
quote:

I have a nice chunk of change to show for it
My point exactly. We've made money on a speculative trading "asset". What is the inherent value?
Posted by I Love Bama
Alabama
Member since Nov 2007
38422 posts
Posted on 12/5/24 at 8:58 am to
The inherent value of Bitcoin comes from its decentralized nature, limited supply (21 million max), and secure blockchain technology.

It acts as digital gold, offering a way to store and transfer value without relying on banks or governments.

Its value also grows from increasing adoption and its potential as a hedge against inflation.

You can continue to recycle arguments that have been around since it was trading at $500 or you can open a book and take a deep dive.

Don't let your ego stop you from learning new things.
Posted by HagaDaga
Member since Oct 2020
5988 posts
Posted on 12/5/24 at 9:05 am to
Got it. Thanks. So mostly based how many shares you could get for your money. They seem to move roughly the same so just wanted to make sure there wasn't some odd difference one had that made either a worse option than the other.

Im looking at these as more day/swing trades as I keep an eye on what I have in MSTR already. Also 2 short ETFs (SMST and MSTZ) to counter when the situation calls for it.
Posted by HagaDaga
Member since Oct 2020
5988 posts
Posted on 12/5/24 at 9:09 am to
quote:

Think it will run early this morning? Wondering thoughts on buying more first thing or letting this initial morning opening bump settle some?

So looks like this happened, so glad I held out. People just taking mstr profits?
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82057 posts
Posted on 12/5/24 at 12:46 pm to
quote:

The truth is, crypto has pretty much yet to do ANYTHING.

Very well, then hows about you just stick to the AI threads and don't even worry about bitcoin threads. You aren't invested or interested so there is zero harm to you by just ignoring us
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82057 posts
Posted on 12/5/24 at 12:48 pm to
quote:

So looks like this happened, so glad I held out. People just taking mstr profits?
Saylor is most definitely tapping the ATM, causing dilution, and will be buying more BTC in the coming days
Posted by BCreed1
Alabama
Member since Jan 2024
6445 posts
Posted on 12/5/24 at 1:40 pm to
quote:

So looks like this happened, so glad I held out. People just taking mstr profits?


What a DAY!

AWESOME!
Posted by TheWalrus
Land of the Hogs
Member since Dec 2012
46136 posts
Posted on 12/5/24 at 1:45 pm to
I hope you all lose everything and have to beg for food on a street corner
Posted by SlidellCajun
Slidell la
Member since May 2019
16047 posts
Posted on 12/5/24 at 4:34 pm to
You cashed in?
Posted by DukeSilver
Member since Jan 2014
2939 posts
Posted on 12/5/24 at 4:47 pm to
What's the best/easiest exchange or way to buy bitcoin these days?

I'm sure there are new and better ways to buy it since the last time I bought.
Posted by Jackie Chan
Japan?
Member since Sep 2012
4846 posts
Posted on 12/5/24 at 5:27 pm to
Can't tell you the best, that's based on how in depth you want to be, but the easiest is Coinbase or a similar easy entry app
Posted by DukeSilver
Member since Jan 2014
2939 posts
Posted on 12/6/24 at 11:52 am to
quote:


Can't tell you the best, that's based on how in depth you want to be, but the easiest is Coinbase or a similar easy entry app


Are people confident these days keeping it on Coinbase or is everyone transferring it over to a leger or similar cold storage?
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82057 posts
Posted on 12/6/24 at 12:19 pm to
If you have a large stack, cold storage is always best. However, I'd say at this point Coinbase is grown big enough that if I had less than say $50k or so I'd leave it there. If something happens to Coinbase, the entire market is fricked for a significant period of time. Would make the FTX debacle look like a tiny little blip
Posted by BCreed1
Alabama
Member since Jan 2024
6445 posts
Posted on 12/6/24 at 12:21 pm to
quote:

You cashed in?


I have a small position in BTC. But I have 4 positions tied to it. 3 are Divi and 1 is a 2x ETF.... MSTX.

I still own it all, but the calls sold was a lot of $$$.
first pageprev pagePage 2 of 3Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram