Bitcoin is still early

[Lordosis]

Who is reaching for the falling kn... Cough cough ugh buying the dip?

[jacoavlu]

Who is reaching for the falling kn... Cough cough ugh buying the dip?

somebody's getting price alerts....

[Lordosis]

somebody's getting price alerts....

Haha I just added the ticker to my market app which I check while I wait for the coffee to brew.

[xraygoggles]

Who is reaching for the falling kn... Cough cough ugh buying the dip?

Well, it's only a dip if your average cost basis is above 30k right?

[fatlittlepig]

waiting for 20K, in the meantime amateur option trading.

[xraygoggles]

waiting for 20K, in the meantime amateur option trading.

is your name on wallstreetbets the same as here?

[CordMcNally]

is your name on wallstreetbets the same as here?

I thought I saw his name above some diamond hand and rocket emojis.

[fatlittlepig]

one thing's for sure, crypto and gambling is pure gambling. options are kind of interesting though, i have kind of a challenge to see how much i can grow this account.

[Nysoz]

You jumped right in with debit spreads. Also atm rather than otm to be safer at first.

Most people start with covered calls/cash secured puts/the wheel. I wish you the best with learning about options!

[Panscan]

one thing's for sure, crypto and gambling is pure gambling. options are kind of interesting though, i have kind of a challenge to see how much i can grow this account.

give me a couple weeks and we can have a contest to see who can be the better gambler!

[xraygoggles]

one thing's for sure, crypto and gambling is pure gambling. options are kind of interesting though, i have kind of a challenge to see how much i can grow this account.

If you had to choose between short-term options plays (buying contracts) vs crypto plays (specifically DeFi, but even BTC/ETH), I would wager you will have a greater return with the latter.

Don't get it twisted, bro: the only options plays where you are not gambling are when you sell options for income - that's the only guaranteed return.

[fatlittlepig]

If you had to choose between short-term options plays (buying contracts) vs crypto plays (specifically DeFi, but even BTC/ETH), I would wager you will have a greater return with the latter.

Don't get it twisted, bro: the only options plays where you are not gambling are when you sell options for income - that's the only guaranteed return.

Yes I meant to right crypto and options are both pure gambling. Nothing about options can be confused with investing in my opinion.

[fatlittlepig]

You jumped right in with debit spreads. Also atm rather than otm to be safer at first.

Most people start with covered calls/cash secured puts/the wheel. I wish you the best with learning about options!

actually I’ve bought calls here and there over the years, I’ve sold covered calls also but they don’t really appeal to me. But I will say these call debit spreads seem very interesting.

[Tim]

give me a couple weeks and we can have a contest to see who can be the better gambler!

Winner take all. Double or nothing. Bet on it!

[Brains428]

I thought I saw his name above some diamond hand and rocket emojis.

I am happy to see I'm not the only one who was crazy enough to read WSB. Strange culture there. Makes me feel old.