Well Fellas?
Saw this on /Pol discuss.
Well Fellas?
I hope this is true. I'm waiting for a big ass crash to throw all my money into the markets, any markets that might seem profitable.
that was me kike, And yes you should fucking listen to me.
2 more weeks.
uvxy only did a 3x during the flash crash last month and barely a 5x at the start of covid, it constantly trails the movements of the vix, you’re unlikely to become millionaire from that. However if there is a vix push to 80 and a recession, I totally expect this instrument to get blamed and probably even banned from retail trading.
big if true
recession
Literally who cares?
Memecoins are never going out of fashion
Thank you I will.
Explain this to me like I'm a retard and have money on Robin Hood.
Do I simply buy as much UVXY as possible and set up the order so it sells itself at roughly let's say 70 bucks come Friday.
I'm a little retarded I'm figuring out how to do the short especially if the market's close come the weekend.
Please help I don't want to be away to slave my whole life
That's why I said short uvxy once vix hits 85. That's the max it can go, it will never go higher than that. If you're smart enough you can be pretty damn close to a millionaire
Yeah just buy UVXY before the report comes out on Friday or you can do options.
Probably a horrible idea and not going to do it but if I were to incorporate options trading to the strategy how would you recommend doing it?
I don’t understand half of what OP said. I’m thinking about going all in on SKRE.
I'm not in the US, how do I make best of this situation? I can't do shorting or VIX or whatever.
Sell my stocks and crypto tomorrow?
based memecoiner
How the hell was this thing 45k when COVID first hit? What do you mean $85 is the max it can go?
Historically UVXY has halved within 30 days of the vix hitting 80+. Time it that way.
Contagio /decay. It will not hit 45k, max it can hit is 100-140. But that's a potential 5x.
unironically I hope this works and this isn't BS
GodPow will softland the economy.
In real terms it will be a recession or even depression, but we will experience stagflation where many assets will rise in nominal terms. Assets like gold/silver, BTC, commodities, and select DeFi projects like ETH, LINK, etc. will violently moon to usher in a new financial framework and shake up the balance of power
Click the "max" button and tell me what price you see retard.
So I should hold my Bitcoin? I'm actually not sure what the hell to do. I can hold for years if needed, but I'm afraid of it dying off as an asset class or something like that.
this board is so dead we'll be able to laugh at OP 2 weeks from now
He is right. True right curve.
I want to ask 1 thing, will this be another flash crash that prompts QE again? Is it over for markets?
ALL MY FELLAS
are about to be broke
It has to do with how it's calculated, the decay is basically built-in, IIRC. Pump-and-dump.
News does not cause the markets to drop. The markets drop and news drops afterwards. This board is so fucking bearish all the time with fags screaming "SEND IT TO 12K SO I CAN BUY IN" because you are priced out.
is that why the last jobs report didn't cause the late aug crash?
wait. yes it did along with yen carry.
if you don't know how to do this why are you asking? I'm buying SPY 550p 9/6, and calls on UXVY 30c 9/6. if spy goes down by friday and vix goes up I'll make a bunch. seems like market is anticipating a shitty job report
have 15k or so in these shitty bonds (TUIXX) from my grandpa
asked for the check last week so i can reinvest in something
mfw hearing about this
If this guy ends up being right while I'm sitting on my fat ass waiting for the mail to come in I'm gonna be pissed
if he's right, you can still buy puts out to 2-3 years on SPY. target 50% drawdown since this in my opinion will mirror 2000 and 2008 crash. when you exit your position at about 40% down, go long.
that's what i'm doing.
it happened the minute japanese markets opened, check your candles
why would anyone think justin bieber is the big bad evil of the world wtf
UVXY is for FAGGOTS just buy long dated spy puts and sell when the vix is over 30 (or 50+ or 80+ if you have balls). Average into the puts when the vix is below 18
Doomerfags
hold bitcoin. ignore Anon Babble and "/Pol"
what the fuck it's already down 8%
post positions.
Based af sigma. pumping to 120K eom
why is 144.14 such an important level? why are you so angry? youre not a chud are you?
Am a retard. Let's roll
You should put a yamacha on net and yoohoo’s head
100% correct a paradigm shift is coming normies, doomers and boomers will get rekt and schizos will inherit the earth as we move forward into the new age.
Bullish.
Remember when Anon Babble thought that the markets were going to spiral down due to covid? Money printer go brrrr, we're not going to have a major crash that doesn't rebound until the current global order actually loses.