5 ms·
one example: 500$ to 1M in 1 year on tesla calls. 50k to 15M in GME calls in less then 1 month if you were lucky. It's all gambling but to say bitcoin is the
by adriancr 6y ago
one example: 500$ to 1M in 1 year on tesla calls.
50k to 15M in GME calls in less then 1 month if you were lucky.
It's all gambling but to say bitcoin is the best source of wealth/gambling shows your lack of experience.
Where would you put your money now that bitcoin is 50k?
I want to compare that to my stock + calls on random meme stocks. (also vs s&p)
- solosoyokaze 6y agoRidiculous examples. BTC has been consistently up for a decade (or USD has been plummeting that long, depends how you look at it). > Where would you put your money now that bitcoin is 50k? BTC of course. USD is only going to continue to drop.
- adriancr 6y agoLet me give you an example: I invested a nice sum of money in November 2019. Option 1: BTC from 9300 to 48000 means 5x Option 2: TSLA from 62 (pre-split) to 796 means 12x. (much much more via calls) Which do you think I went for? Which strategy do you think will continue to make reliable money in the future?
- solosoyokaze 6y agoYou're cherry picking a single point in time that happens to work with one stock (one might also argue the move to electric vehicles is actually a world changing event ala bitcoin). What about November 2018 or November 2017? Like I said, Bitcoin has consistently been up in the long term for the past decade.
- jboog 6y ago"You're cherry picking a single point in time that happens to work with one stock" SO you mean EXACTLY what you're doing with BTC? I swear the BTC cult rivals the Qanon crazies in cognitive dissonance.