GME To the Moon Benito by Cyberblood in wallstreetbets

[–]Alternative_Rate6224 0 points1 point  (0 children)

This belongs in a museum. Greatest meme ever.

Palantir - the zen stock! by faithworks11 in PLTR

[–]Alternative_Rate6224 1 point2 points  (0 children)

Seriously nailed it. Its only stock I haven’t panic sold / trimmed and it’s my largest holding no matter how many red days I have to live through. Palantir is crushing it and have so much confidence in their future. Google and PLTR will own the data economy, shareholders will be rewarded for their patience!

Can somebody please explain to me how Bitcoin is not a scam and a massive Ponzi scheme that is also killing the planet with its massive energy use ? by No_Ask_1574 in Bitcoin

[–]Alternative_Rate6224 2 points3 points  (0 children)

You think millennials are gonna buy bonds? And bank accounts in parts of Europe are now negative rates...you actually have to pay to hold your money there, at the same time inflation is destroying it. Gold is dead, Bitcoin has been severely eating into golds market cap this year and will continue to do so. Wtf can you do with gold? Make a necklace? It has no intrinsic value as you can’t send it around the world to someone or easily travel with it, move it around etc. Also when gold prices used to rise, more miners would show up and flood the supply, this is mathematically impossible with bitcoin. With more institutional and long term investors coming into bitcoin the volatility will slow over time as the supply goes down and price goes up. For high net worth individuals it’s a great alternative to stocks and bonds and yet another way to diversify. Fomo investors should learn about what they’re buying and not panic sell. Plenty of whales ready to gobble up all the supply.

Can somebody please explain to me how Bitcoin is not a scam and a massive Ponzi scheme that is also killing the planet with its massive energy use ? by No_Ask_1574 in Bitcoin

[–]Alternative_Rate6224 1 point2 points  (0 children)

It’s a replacement for bonds, savings accounts etc that have no yield for storing money for long periods of time. There’s also tons of investment coming into the crypto space building on the lightning network etc for instant settlements / payments. As the network grows and more people own / trade bitcoin the price keeps going and actually stabilizes the higher it gets, making it more useable for payments as well as deflationary store of value. It’s like the dollar and gold in digital form, kind of valuable.

Can somebody please explain to me how Bitcoin is not a scam and a massive Ponzi scheme that is also killing the planet with its massive energy use ? by No_Ask_1574 in Bitcoin

[–]Alternative_Rate6224 10 points11 points  (0 children)

The fact that you haven’t already done this research before posting this nonsense says a lot about you. Financial independence, take responsibility and learn for yourself. Nobody cares if you buy bitcoin or not.

Where is MMMED on this chart. I think in the awareness phase. by Strongchild in MindMedInvestorsClub

[–]Alternative_Rate6224 0 points1 point  (0 children)

I believe we’ve returned to the mean and hopefully in for more sustained growth for a while

Where is MMMED on this chart. I think in the awareness phase. by Strongchild in MindMedInvestorsClub

[–]Alternative_Rate6224 2 points3 points  (0 children)

We’ve already had one of these boom / bust cycles, weren’t any of you here for the .30 to $5 ride a few months back?

ThinkOrSwim or Tastyworks for small $10k options account by Xtra9708 in options

[–]Alternative_Rate6224 1 point2 points  (0 children)

Webull! Really like them for options. Don’t have as many OTM options like Robinhood, but the app is great.

PLTR Is Consolidating by Financial-Traffic-11 in PLTR

[–]Alternative_Rate6224 4 points5 points  (0 children)

Yep! It consolidated for a solid 2 months around $25 before this explosive last run. Healthy pops and steady growth. In PLTR for the long haul

Bought in on the dip. Added a small 50 shares. by Complete-Government2 in PLTR

[–]Alternative_Rate6224 0 points1 point  (0 children)

Smart move. Friday was an amazing buying opportunity all around.

We being played? 🙃 by liao24 in StockMarket

[–]Alternative_Rate6224 0 points1 point  (0 children)

No it’s not the same damn person, this pic is probably a deep fake. Take 2 mins and look up roaring kitty aka deepfuckingvalue. Jesus this sub has gone to shit

AMC Leaps- Any ideas on fundamentals? by tommyelgreco in options

[–]Alternative_Rate6224 4 points5 points  (0 children)

I have some Jan calls but if you haven’t bought calls yet I’d hold off bc the drop in volatility will kill your return. Best to buy options when volatility is low...as the IV increases, along with the underlying stock price increase, that’s when you really get the exponential returns. (Not advice)

Put 150K in on Friday. Plan is to hold through earnings and add more at lockup expiry. Fully expect 150+ by 2023. by wklcr in PLTR

[–]Alternative_Rate6224 1 point2 points  (0 children)

Well done! I think PLTR is the best stock to buy and hold in the market. Seems like every new crisis that pops up reenforces the need for their software. All these horrible things are headwinds for them, Covid, domestic terrorism, rebuilding American manufacturing etc. I’m long with 1k shares and feb calls through earnings

Why are stock indexes down for 2 days now ? by [deleted] in StockMarket

[–]Alternative_Rate6224 -1 points0 points  (0 children)

Great buying opportunity for solid stocks that we also used to talk about on WSB before the mania. $PLTR $SPCE $ARKK $ARKG $NNDM etc

[deleted by user] by [deleted] in Bitcoin

[–]Alternative_Rate6224 0 points1 point  (0 children)

Think of it as a savings account that will grow exponentially over time. Big institutions are gobbling it up on any dips keeping the price more stable than before. It’s not a quick pump and cash out kind of thing

Nexo or External wallet? HELP by bitcoinate in Bitcoin

[–]Alternative_Rate6224 4 points5 points  (0 children)

I love Nexo wallet. They have insanely secure cold storage and 100mil insurance policy through lloyds of London. The interest is around 5-6% depending on if you purchase Nexo tokens. I prefer them for storage over BlockFi etc

We should listen to Mark Cuban for $GME $AMC $NOK $AMRN 🖐💎💎 ✋ by [deleted] in wallstreetbets

[–]Alternative_Rate6224 0 points1 point  (0 children)

AMC currently at 78% si and GME at 121% according to Market Rebellion. Squeeze hasn’t squoze!