LUNA/BUSD: Let's Buy an Exclusive Monthly Lottery Subscription We are going to post a controversial idea.
We know many have expressed their attitude toward the worthlessness of Terra(LUNA) after its collapse. We will not get into coin’s fundamental reasoning because there are just too many factors to argue for each side. We just want to point to a few simple, logical, and forward-looking reasons on why we are going to purchase this coin.
1.We are planning to buy this coin and forget. This is a passive investment, with an indefinite holding period. We believe that at this price level (A small fraction of a cent), for a coin that used to be above $100, we are willing to “gamble” using a small portion of our fund (1 ~ 2%) for a long-term investment. We do believe that purchase this coin should have more probability of winning than buying a lottery ticket. Consider this investment similar with a scenario where you have purchased a “continuous monthly lottery subcription with only one initial payment”, which gives a great risk-to-reward ratio.
2.Although many have said that the coin will be suspended from trading, a suspended trading does not mean you will lose the coins you have purchased. You can still transfer your coins back to your electronic wallet and keep them permanently. If the price jumps up and volume returns, exchanges will definitely resume their trading operation for this coin.
3.Many worries that Terra(LUNA) could go below 0. However, this is not true. Cryptocurrency cannot go below zero, meaning you will not lose more than your original investment (Of course, given the fact that you are not using a leverage). Although we have seen the unthinkable event where the price of crude oil fell below zero back in April 2020 during the pandemic, this is due to the fact that oil contracts are directly linked to physical asset, and fire-sale of oil contracts near the expiry dates are caused by traders, which are us the speculators, who did not have access to the storage. However, as for coins, we have coin wallets, thus never have to worry for a storage place. Therefore, there is no possibility for the coin to drop below 0, as many are worrying.
With that being said, last week, Terra has made a new low at the 0.00003 level. Price has retraced back to the 0.0006 level and recently, it has broken its short-term ascending trend line, aiming to retest the new low of 0.00003 level. From the 0.00003 ~ 0.00005 level, we will purchase this coin with a 1~2 % risk and then forget. Let's hope for a great dream.
Check out our recent cryptocurrency trading ideas below :)
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$TDAC Strong Channel Breakout + Strong FundamentalNASDAQ:TDAC
Very long consolidation in channel, strong breakout today. Possible to hook and continue further.
LADY LUCK EARLY GEMLUCK has successfully shown their legitimacy. With the upcoming Chainlink AMA (June 7) and another lottery each Friday, improved both through community voting and increased prize pool each week, there is no reason to skip out on this absolute GEM! Volatility in extreme pumps and dumps were to be expected in the first week of the project with excitement ramping up and whales taking the opportunity to take profits. The downtrend is now broken and new target levels have been set giving an easy 3-5x potential from here to test ATH, and then 20-50x potential once that is broken, likely seeing a 100m market cap before the Chainlink AMA (currently ~5m).
$BEGITo be honest, this one is sketchy.
BUT, I have had positions for over a month. Sold most of it and waiting for a good time to buy.
Without increasing Volume, I would not buy.
This is my LOTTERY pick.
Netflix ER Run upNetflix 4hr Time frame, Formed a double top but with earning coming up in 2 days will Netflix bullish power push it through ath resistance, Im hoping to see some bullish movement Monday, looking to see a bounce off $529.16 (.618 FIB) to retest ath or we could make our way down to that white support trend line and bounce. Break under that support trend line we will see an overall move down to $471. Possible short opportunity if NFLX runs up to $572 and looking to find some lottery plays for NFLX Earnings.
BAC LEAPS BAC looking to repeat this pattern, looking to retest 55 within these next couple years. Bounce off my support zone at 18.04 making its way up to retest 35.40 break that we could see an overall move up to $44. Perfect stock to add to your long term portfolio. Warren Buffet's second largest holding in his portfolio is BAC so why not invest and follow the most successful investor of all time. Shares are a good hold and ITM calls for 01/2022 are perfect to add to the portfolio.
AMAZON back to 3500Good swing opportunity and cheap vertical debit C spread for some big profits, please let me know if you have a similar idea or think we could drop down further because I love being both a bull and a bear. As of now I'm very bullish with the hype of the Amazon Prime day coming up. Also expecting to see some news about a stock split coming soon. Shares at 3000 is ridiculous lol
SPECULATIVE TRADE KHC (OPTION STRATEGY)SPECULATIVE TRADE KHC (OPTION STRATEGY)
BUY CALL OPTION 140 Days to expiration on 2021-01-15
STRIKE 45$
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TSLA oversold lotto playTSLA touching the bottom of the trend at the close today, looking for a sell off or weak open to enter with a $100 or less far SEP22 call for a lotto play, with a price target to the top trendline, or with enough volume a break of that. I've seen gains of 40x or more on options the day of expiration, even if the stock only goes up 1-2%. Well worth the risk, just don't throw more than you're will to lose at it. Risk is to 0, reward is double your money or more. VERY RISKY, so I repeat, don't throw more than you're ok with losing at it.
