/biz/ - Business & Finance

we are BACK

Just bought $120k worth of XRP
this shit is literally the future of finance. Fucking moon it bois

>lose your coins trading?
>"no problem! Just roll back the chain bro"

the bullrun has STARTED (begun)

holy guacamole
are we going to m-make it?
I haven't been this excited since 2017 anons

i am literally the upvote king of biz

>be me 2016
>see bitcoin get-rich-quick ad
>ok.jpg
>buy bitcoin and other cryptos
>get rich quick
>lose it all in 2018

what are some other get rich quick shit like this?

post yfw all that bobo shilling was just so that the whales could have fuel to pump it

how much money are you aiming for biz?

I have come to a realisation.

why doesn't everyone sell options even though selling options, gives the seller a clear statistical advantage given the fact that implied volatility is ALWAYS higher than realised volatility?
The reason, is that every single "selling" options strategy requires that the seller hedges his position by buying more options. So whatever premium you gain by selling, you negate by hedging.

the solution?
Sell out-of-the-money naked puts/calls.
Only hedge when the index price gets to breakeven on either side.
At this point, you have to buy an option at-the-money and you net ~5% loss. If the price then goes to breakeven on the other side you net a ~110% loss.

But if that point never happens, and the price stays between range between the out-of-the-money calls you will win. If the range is big enough, then statistically you should win majority of the time.

Am i a genius or what. enjoy the free money bros

tfw i know how high bitcoin will go in 6 months

OOOOOOOOO

how do i become like james bond?
Are there any jobs that actually offer this?

whale here. Every time an alt is about to be pumped I'll make a post on biz.

Dero

-abcdefg-looking_nigga

literally adamantium support at $3.6k

newfag to trading here. can someone tell me if im right or just retarded?

ive had a little time to think and basically summed it up to this; here's my thought process on how i should trade

- market makers control the market
- market makers can move the market in any direction they choose (e.g. to $15k or all the way to $1000)
- they will choose which way is most profitable for them
- since they can move the market any way they will choose to move it in the direction that has the most liquidity (to get their position locked in)
- then they will move to whatever price has the most liquidity but on the opposite side (to get their position closed with as little slippage as possible)

so this means, before every huge pump there will be a big move down to wherever most stop losses are. then they will pump it to whatever price has the most short stop losses. so essentially when trading you just want to look at what price is the most liquidity and then make according trades.

Is this correct? Or am i just a retard? does it mean volume profile, predicting where SL's are and support/resistance are the most useful indicators?

bulls on suicide watch

genius here. you want to long bitcoin at this price, guaranteed to go up

>bitcoin pumping harder than alts
yes this is 100% confirmed the bottom

holy shit goldam sachs is literally going to pump our bags lmao. i cant wait to dump my coins on JP Morgan when they come to buy at $120k.

WAB!!!