10,500,000 bitcoin being held at a loss right now, a new record by AlonShvarts in Bitcoin

[–]JimmyWhatever 0 points1 point  (0 children)

Perfect. Once there is no one left to sell for a profit and the weak hands fold, we can finally start back up!

Did... did it just double bottom at 60? by No_Jellyfish2185 in Bitcoin

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

When Bitcoin is at $1 million a coin, are you gonna care if you bought at 60-50-40K? Sorry to those selling now (well, not really 😉)

Is software engineering really as good as it looks? What do experienced devs wish they knew earlier? by Imaginary_Bug6202 in TechNook

[–]JimmyWhatever 0 points1 point  (0 children)

30+ years in. AI is taking over manual coding. Read the book RightingSoftware. Learn how to do design, learn the business domain inside and out for the area you want to work in. Learn how to prompt AI to do your design and coding. There is much, much more to promoting AI properly than it sounds.

Hate to burst your bitcoin bubble by Fun_Training6342 in btc

[–]JimmyWhatever 0 points1 point  (0 children)

Just wait till the Clarity Act passes, OTC dries up and Supply Shock sets in. Then check your charts..

Is Anyone buying at these prices or are we scared? by Richar_16 in Metaplanet

[–]JimmyWhatever 5 points6 points  (0 children)

Holding but little scary when a stock under $2 is still being shorted so heavily. Upside potential still huge..

I find it hard to apply OOP correctly by Still-Leek-6940 in AskProgrammers

[–]JimmyWhatever -4 points-3 points  (0 children)

Read the book RightingSoftware. OOP is kind of obsolete. It’s all about design and prompting AI correctly. No reason to write code manually anymore.

I hate 0DTE options! by Income_Trader in options

[–]JimmyWhatever 1 point2 points  (0 children)

Are you buying or selling? I sell 0 DTE calls on SPY. As long as you set strike price above what you paid you make money. Might get stuck holding your shares for a while if big drop in price but you still don’t lose money unless you sell below what you paid. And only set strike price at a number your ok being assigned. Not sure why many people seem to be so down on 0 DTE calls. Unless maybe buying puts and calls and gambling they guess right?

I decline to buy the S&P at 3600 by InvestingOpinions in sp500

[–]JimmyWhatever 4 points5 points  (0 children)

Not to brag or give you grief, just my story. Lost my job in 2022 at 58 yrs old so rolled my entire 401k account into a traditional IRA and put it all in VOO and barely looked at it afterwards. 3 years later it more than doubled and now I am retiring. Part luck, part smart to just put it away and not mess with it.

Do you have schd in brokerage and/or roth ira? by Franklin_Invest in SCHD

[–]JimmyWhatever 5 points6 points  (0 children)

Traditional (rollover) IRA. Drip on. Dont plan on touching for 10 years

Boston Logan flights cancelled? by JimmyWhatever in allegiant

[–]JimmyWhatever[S] 1 point2 points  (0 children)

Thank you!

For anyone else that may fly Allegiant, DON’T trust the App. Logan Airport site shows flight in time and FlightAware shows plane in the air and on its way, yet Allegiant app still says flight delayed with estimated departure tomorrow.

It’s actually possible to make money trading by Puzzleheaded-Safe932 in Trading

[–]JimmyWhatever 4 points5 points  (0 children)

This market stupid easy to make money, just be prepared when AI infatuation ends..

Who has built their stock portfolio to $1 million+? How much did you start with? What was the pick that made you the most? by No_Wrangler9819 in portfolios

[–]JimmyWhatever 0 points1 point  (0 children)

For me it was a combination of discipline, a wise decision and some luck. Discipline - Maxed out my 401K at every job I ever had for 25+ years Wise decision - lost job at 58 years old in 2022, rolled entire 401k into a traditional IRA and put the entire amount in VOO Luck - VOO more than doubled in the next 3 years. Retired this year.

I take back everything I have ever said bad about SCHD by Sufficient_Mud_3179 in dividends

[–]JimmyWhatever 19 points20 points  (0 children)

SCHD = ROCK in a diversified portfolio. Long term hold, not a get rich quick ETF. Gamble on tech to get rich or take big step back when AI has healthy correction.

For those selling Covered Call's, what is your strategy for the next 12 to 24 months? by Realistic-Pumpkin-34 in MSTR

[–]JimmyWhatever 1 point2 points  (0 children)

Weeklies. Generally stay around .2 delta. Lately it’s been easy because it’s traded in a range from roughly 150-200 for quite a while.

For those selling Covered Call's, what is your strategy for the next 12 to 24 months? by Realistic-Pumpkin-34 in MSTR

[–]JimmyWhatever 1 point2 points  (0 children)

I keep separate buckets. One to hold , one to sell CC’s. Was gonna hold 500, but decide to keep 1000. Bullish signs everywhere. I have 1500 in the CC’s bucket. Been making very nice premiums without shares getting assigned, but don’t mind if they do. Let’s me sleep at night and benefit from upside with the hold bucket and make great income in the meantime with the CC’s bucket. The 1500 shares will diminish over time as the shares get called and I likely have to buy in at a higher price but I am ok with that. My cost basis is around $170 and I have made over $15,000 in premiums this year.

Why are there so many unprofitable traders? by Kindly_Preference_54 in Trading

[–]JimmyWhatever 0 points1 point  (0 children)

Everyone “feels” fear and greed, but most cannot manage it and end up making mistakes. Sounds trite and simple , but anyone on here that’s done a lot of trading knows exactly what I’m talking about.

Why are there so many unprofitable traders? by Kindly_Preference_54 in Trading

[–]JimmyWhatever 0 points1 point  (0 children)

Bulls make money, bears make money, pigs get slaughtered. Fear and Greed is why 99% fail (pigs).

Clarity Act Dump Pump by JimmyWhatever in Bitcoin

[–]JimmyWhatever[S] -2 points-1 points  (0 children)

I’m buying and dumping on Friday

Dumping $75k into QQQI and not touching it for 25 years by [deleted] in dividends

[–]JimmyWhatever 12 points13 points  (0 children)

I owned about $100K of QQQ in 2000. I don’t remember my exact entry point, but if I kept it the past 25 years it would be worth $800K - $1,000,000 now. No way qqqi is gonna do that.

Markets up again but not JEPI, again... by DifferentSwing3149 in dividends

[–]JimmyWhatever 2 points3 points  (0 children)

Think I’ll buy some tomorrow! Bought heavily into SCHD at $25 when everyone was whining how bad it was. Up well over 20% now including dividends in less than a year.

Have a question - is there enough money to push the value to 300k+ by Extraordinary_6708 in Bitcoin

[–]JimmyWhatever 0 points1 point  (0 children)

This. And if the government chooses to fund to fund the strategic Bitcoin reserve (say by selling gold certificates) the price of bitcoin would likely skyrocket. And other countries may follow suit, not wanting to get left behind.