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I dont have much spare ammo lying around for the 01/2029s when they come out, and they will have even worse leverage, and MNAV is a little bit inflated right now. Maybe I grab some way out of the money, if we have a major pull back idk. What are you thinking for the 01/2029s?
You put up a good fight with all the people around here who unnecessarily hate on this sorta thing. I don't realy have it in me. Also I wonder if its in my financial best interest to get everyone to view these things similarly to myself. It's been a very surreal experience watching everyone take the position that these companies are scams. At least in spot bitcoin you have bitcoiners who agree with you, so you have some emotional support. With this stuff you just feel like a skitzo lunatic yelling into the wind, and Livingston's manerisms certainly don't help me feel less crazy. I didn't expect that it would only take 2-3 months to get some monetary feedback on this bet.
Can't they just let the gamblers have fun and not start a bitcoin treasury witch hunt every other week lol. I wonder when its Strive's turn.
I always found it strange how people say they want free markets and sovereignty criticize others in living this out.
I think shitcoins really broke a lot of people’s brains and now they view everything through that lens.
Plus they want the fiat gains as well. Why else do you hold and wait for hyperbitcoinization? to be able to buy more goods and services in the future.
Lasty most people don’t understand capital markets. They listen to the bitcoin podcasts and hobbyists economists like Lyn Alden and others in the space and develop this world view that fiat must die for bitcoin to prosper which if that happened the world would collapse.
Making money at your job or via trades is all part of a free market so let freedom ring.
Well bitcoin pumped and these leaps are up over 300%
Thinking about getting in?
https://youtu.be/x2lo3j4qqLA
Adam breaks down the math at profitability on $12 calls and $20 calls. 2029 LEAPS come out on Sept. 14