@ZeeContrarian1 I think the lotto ticket might be on crypto bearish side if NVDA does not live up to expectations.
The logic is the current trade in crypto is based on the debasement trade; however, the debasement trade might not have enough time to materialize if NVDA posts a bearish surprise.
@_HeIsZee Your shorts are covering video games by EA...EA allows the footage to be shared as part of promotion and if someone decides to report you / copyright you on the grounds that you claim copyright to it, it does not have to end well.
@stevehou @nope_its_lily @BobEUnlimited@MichaelMOTTCM Idk, would it not be logical for S&P to peak on Thursday though? We got better clarity on the deals, China is rising as competition for NVDA, and we are going to get the FED meeting out of the way as well. I am completely biased since I am holding put spreads so grain of salt.
@Lazarus_Capital @nope_its_lily The way I see it is being a typical inertia market driven rally.
Perhaps a lot of people who went short the BTC treasury grift will be the ones causing the correction to happen. I know a lot of people piled into the same short trade. Maybe its overcrowding effect again....
@Lazarus_Capital @nope_its_lily looks like we all made the same mistake. I was in for short around that time as well. Overcrowding.
How do you get forced selling besides black swans tho?