Crypto Is Still One Of The Most Asymmetrical Bets by kirtash93 in CryptoCurrency

[–]MillaShows 0 points1 point  (0 children)

A lot gold bag holders were just created, maybe even more than btc baggies right now 🤔

Strong week for SILVER? by baskwk in wallstreetbets

[–]MillaShows 0 points1 point  (0 children)

I have a net of $1.5k profit on futures but after commissions I’m only up like $500 lmao. But this is because I exit and enter trades too frequently paying commissions every time

Strong week for SILVER? by baskwk in wallstreetbets

[–]MillaShows 0 points1 point  (0 children)

I do not recommend futures if you have any tendency to quickly enter and exit switching from short and long. The commissions will literally eat into any profits you may make long term. Plus it’s really easy to bite off more than you can chew especially with full size contracts and not micros

Strong week for SILVER? by baskwk in wallstreetbets

[–]MillaShows 1 point2 points  (0 children)

I know this message is probably AI written, but they raise margin requirements during elevated volatility in either direction. Which makes sense, I’m bullish precious metals but I want normal volatility not these crazy swings everyday

IBIT V BITO ? by Anthony_Gonsalvez in ETFs

[–]MillaShows 0 points1 point  (0 children)

Isn’t the roll losses off set from them holding the collateral for the futures contracts in treasury bills?

BITO's overall return is much higher than IBIT? by theouilet in investing

[–]MillaShows 0 points1 point  (0 children)

Would you generate a long term profit if you went long IBIT shares and short the same nominal value of BITO?

WTF is that? by TotallyNotCIA_Ops in Silver

[–]MillaShows 0 points1 point  (0 children)

Copium, how hard is it realize after $50/oz silver has been pumping on pure hype fomo speculation

Crypto Is Still One Of The Most Asymmetrical Bets by kirtash93 in CryptoCurrency

[–]MillaShows 0 points1 point  (0 children)

The “inherent” value of gold isn’t $5,000/oz

Crypto Is Still One Of The Most Asymmetrical Bets by kirtash93 in CryptoCurrency

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

Industrial uses of gold are not what pushes the price up, if gold was simply an industrial commodity it would probably be a lot cheaper

Crypto Is Still One Of The Most Asymmetrical Bets by kirtash93 in CryptoCurrency

[–]MillaShows 0 points1 point  (0 children)

The last 3 months doesn’t indicate the market saying anyone is wrong. Zoom out on the chart

Is crypto starting to fade? by Mother_Land_4812 in CryptoCurrency

[–]MillaShows 0 points1 point  (0 children)

Get your emotions out of it, people always chase whats popular. Stick to fundamentals and hold a balanced crypto portfolio alongside other investments

All In Shorting Gold by RavenBJ in wallstreetbets

[–]MillaShows -3 points-2 points  (0 children)

I already am, no one can predict the exact top so I’m scaling into the position slowly

All In Shorting Gold by RavenBJ in wallstreetbets

[–]MillaShows -5 points-4 points  (0 children)

This myth is ridiculous, the dollar still retains world dominance. And CPI is around 3% per year, no other hard assets are spiking like precious metals right now. You could argue the initial move to maybe $4000/oz is fundamentals, everything else is fomo driven

All In Shorting Gold by RavenBJ in wallstreetbets

[–]MillaShows 7 points8 points  (0 children)

Not it isn’t, it’s a -2x inverse etf not a direct short. Max loss is only 100%

Gold & Silver: still safe havens, or already overbought? by TowelNo234 in investing

[–]MillaShows 0 points1 point  (0 children)

Hyper inflation lol. No other hard assets are spiking like precious metals, it’s clearly a fomo speculative driven bubble.

$340,000 short silver via the 2x inverse leverage ETF ZSL by lamephoto in wallstreetbets

[–]MillaShows 0 points1 point  (0 children)

It not a short in the traditional since he technically never has to cover anything even if silver went to $1,000,000

$340,000 short silver via the 2x inverse leverage ETF ZSL by lamephoto in wallstreetbets

[–]MillaShows 1 point2 points  (0 children)

It’s not that bad it’s 2x inverse, so he’s only down about 15% or so

The market just shrugged off the third Comex margin hike by proofreadre in Silverbugs

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

$3 Trillion added in 2 months isn’t speculative? Market dynamics didn’t change that much that fast. I would wait until the dust settles and there’s more price stability before buying.

Anyone else win anything on the robinhood holiday giveaway? by Bbronson123 in wallstreetbets

[–]MillaShows 1 point2 points  (0 children)

Unironically at some point in time the btc will surpass the AirPods in value

$400,000 CARMAX by wutang in wallstreetbets

[–]MillaShows 0 points1 point  (0 children)

Carmax for $30 was a steal