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Guess it’s worth grabbing some puts in case lol
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I had this conversation at work yesterday and am bringing it here being that you and a few others seem to do a lot of hedging.Guess it’s worth grabbing some puts in case lol
truth is just trying to make money both ways
tbh idk why I hedge. its a loser 99% of the time. you've got a great perspective and I've really enjoyed our conversations and seeing you post since it's been a good reminder of the big picture.I had this conversation at work yesterday and am bringing it here being that you and a few others seem to do a lot of hedging.
You don't plan to draw on this money, why would you "waste" dry powder on insurance, so you can see returns on the screen?
If it does dip like that, just buy the dip, at least that is permanent, on the off chance you're wrong and we don't dip you essentially just wasted money.
I am just very anti-tactical shorts unless you're a fund and just beholden to returns. If you want to hedge and have cash, you are hedging with said cash
Likewise man. You remind me of why I like this stuff in the first place. To educate and empower people. The capital markets are really about disenfranchisement at its core and it's disgusting. You can't access this cause you don't meet these requirements, you should go pay someone to do it for you they know more than you do, you can't do this on your own, stick to cash and lose to inflation, etc etc.tbh idk why I hedge. its a loser 99% of the time. you've got a great perspective and I've really enjoyed our conversations and seeing you post since it's been a good reminder of the big picture.
jumped back into sq. same cost basis as what I had basically. didn't want to not be here when I view this as a 10 year hold.
Buy baby buyWant more Tesla today but wanna see if it breaks 640 today, hit that 600 support yday, if it breaks through that, man a big sale
Coming
From +50% to +4% over the course of 3 weeks.
The mass exodus of newbs who thought this was easy is much needed.
If you're still here after joining for the GME memes, congrats, you're on the path to creating wealth.
When all of us are on the brink of death. I'm almost there. Gimme another couple days of this.Wow this is crazy.....when does bleeding stop?