OT Gamestop: Wall Street + Animal House?

[Natebishop3]

Sounds about right.

 

[EL PRESIDENTE]

I'm in the game boys! We bought one share of GME

 

[Haakzilla]

 

[SlyPokerDog]

 

[EL PRESIDENTE]

Big dog doing big dog things!

 

[tester551]

Which app or digital wallet do you recommend when buying crypto?

 

[EL PRESIDENTE]

SPD when it flash crashes to .00001

 

[trailblazer18]

May hold Dog E-Coin for a bit longer. Maybe I'll sell a little when it hits 8 cents. You have to take what they say with a grain of salt, but after the market closes, I think lots of people will start buying Dog-E-Coin.

View attachment 36459

These kinds of posts have been a dime a dozen on the reddit crypto boards for years! I'm having so much Deja Vu with all this..haha

 

[ehizzy3]

Whats next after dogecoin

 

[EL PRESIDENTE]

Physical Silver

 

[EL PRESIDENTE]

 

[SlyPokerDog]

Big dog doing big dog things!

Which app or digital wallet do you recommend when buying crypto?

SPD when it flash crashes to .00001

These kinds of posts have been a dime a dozen on the reddit crypto boards for years! I'm having so much Deja Vu with all this..haha

Oh oops.

Shit.

That wasn't me.

That was a post on reddit that I was laughing at.

This is what a have.

 

[EL PRESIDENTE]

Small dog playing it safe.

 

[SlyPokerDog]

Small dog playing it safe.

Damn straight!

 

[EL PRESIDENTE]

 

[EL PRESIDENTE]

Doge dipped to 3.9 again.

My buy in is 3.3.

Wasn't gonna touch my initial buy in, but YOLO.

 

[EL PRESIDENTE]

Ended up picking up 3000 more at 3.9.
Thinking it trends to 6 cents tonight.

Red circles are where I bought today. Didn't think 3.3 cents is practical right now. If it gets there I'll buy more.

Edit: It did dip to 3.3 but I bitched out. Lol. Can't take this too seriously

 

[EL PRESIDENTE]

Doge plummeting under 3 cents.

 

[SlyPokerDog]

Doge plummeting under 3 cents.

I was looking at the Doge forum on Reddit, some of those nerds have 2-3 year old wallets with hundreds of thousands of dogecoin. 3 years ago the value of a doge was .001, I'm sure they're selling like crazy.

Also Robinhood won't allow new deposits to buy doge until money clears. You won't see big buys until next week.

 

[EL PRESIDENTE]

 

[SlyPokerDog]

 

[EL PRESIDENTE]

I was looking at the Doge forum on Reddit, some of those nerds have 2-3 year old wallets with hundreds of thousands of dogecoin. 3 years ago the value of a doge was .001, I'm sure they're selling like crazy.

Also Robinhood won't allow new deposits to buy doge until money clears. You won't see big buys until next week.

My earliest purchase was Jan 1st for .008. Only 5 bucks for the fuck of it. lol

The thing is, are they still going to be pumping it by that time. People have an incredibly short attention span, and who knows what the restrictions will be this time next week, they keep changing the rules.

 

[EL PRESIDENTE]

I was lucky I sold half at yesterday's high. About 7.8 cents.

I made this spreadsheet to help my decision making. I can change it with my number of coins in case I want to buy or sell.

 

[EL PRESIDENTE]

I'm thinking its better to sell a larger position if it goes above 7 cents, then reinvest on dips. If its in the 6 cent range, sell smaller number of coins to reduce my nut.

Right now if I sell 25% (3700) coins at 4.2 cents, then my nut is zero and I still have 11,100 coins. I won't do that though but its nice to know.

 

[EL PRESIDENTE]

Aight, bought 6k more 3.1 cents. Updated the chart and it looks like this.

 

[SlyPokerDog]

Aight, bought 6k more 3.1 cents. Updated the chart and it looks like this.

View attachment 36482

 

[EL PRESIDENTE]

 

[wizenheimer]

another really good explanation and overview of the Gamestop situation:

https://www.huffpost.com/entry/gamestop-stock-reddit-wall-street_n_6014379bc5b653f644d35320

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and a really excellent discussion specifically about gamestop, but more broadly about the market, shorting, and capitalism:

https://luke.substack.com/p/you-always-think-you-can-get-out?unlock=true

 

[EL PRESIDENTE]

Doge may be dead? at 2 cents now.

I won't pull out. 1.6 cents is my break even point and I'll prob go down with the ship.

 

[donkiez]

Doge may be dead? at 2 cents now.

I won't pull out. 1.6 cents is my break even point and I'll prob go down with the ship.

It's always darkest before dawn. Time to double down.