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Victorious Spirit Eagle
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KiasiGuy
Veteran |
24-May-2022 12:00
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Look the the volume in SPY, DOW and Nasdaq yesterday. It is far below average. I am less optimistic. Much more downside coming. I am targeting Nasdaq 8000-9000. However I will be buying as equities drop. 2008 and 2020 we have fed stimulus. This time we have no stimulus. The stock market is at the whim of the feds. Only when inflation drop significantly, equities will then recover. However alot of value stock and even tech are at PE less than 10!
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Goldendog
Master |
24-May-2022 08:23
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Nice to hear from you Mr Vic..glad to know you are ok.. So LUNA saga happens when you on holiday? I lose around nearly 30k on LUNA and very little UST.. I think crypto will take a very long time to go back to peak as many people got phobia due to LUNA incident..all crypto related stocks like SQ, SI, COIN all drops to bottom..my portfolio value only left 1/3 before the big fall
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skneok
Senior |
24-May-2022 06:40
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Well good to hear from u again, n good to hear u are well, we will earn back the lost soon, we are invested for 5 years n above..
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cheongweevictor
Supreme |
24-May-2022 03:23
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I loss 120K over, but AIA lose too, they paid for my holiday lah.. I think something like 40 to 50K again i estimate., bill not out yet. Hospital also like crypto, " cheating" more or less. Do so many unnecessary test and MRI.
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cheongweevictor
Supreme |
24-May-2022 03:14
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Someone highlighted PEC,, i look thro the bs,, not bad, no debt and got lot of cash. recently won 80m contract, oil gg higher this one shd head higher, 2X i think np.
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TA_Expert
Supreme |
24-May-2022 01:17
Yells: "The World has changed" |
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Market soared including BTC. The BBs will support the market even if the world is in a recession. |
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cheongweevictor
Supreme |
24-May-2022 00:08
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WTH... always on holiday bad thing happen, I lose ard120K alone on LUNA. i think it is gone case, I have write it off. hope u are not vested heavy here. Lucky i did not go in big time, and always divert across all shitcoin, only this one i put in more believing it will outperform. Nevertheless, hope btc n eth and other shit coin my main crypto will soar and make it back for us. Year from now i am confident this 120K lose is nothing but a drop compare to the profit coming. Nvr put all into one coin, maybe u can put a bit more but not all like some who lost all their life saving and home,,, Stock will bound back strong, dont sell now, just hold and stay long, if u look at 2002 ,, 2008.. then u look at 2020 ( refer to chart).. they all look vy similar save that 2022 we have this Ukraine war and inflation but inflation i do not think is a big factor like media and expert want u to believe,, only in stock then u can beat a inflation of 7% to 8%.. where else???? I know most have lost back what they make in 2020,. but 2023 u will make even more back ........be assured,, just be patient and dont take silly action only to regret later.   |
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KiasiGuy
Veteran |
22-May-2022 13:53
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I think i will start buying some shares in Meta and warners bros . Super cheap
Tesla approaching oversold territory soon. May gamble a bit there. If SPY drop further, I will look for more discount to buy. |
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simpleguy123
Elite |
22-May-2022 12:10
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Do Kwon just provided a burn wallet address, for people to send their LUNAC into for burning purposes. Its a dead wallet address, where LUNAC Coins sent there can never be withdrawn or taken out. |
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simpleguy123
Elite |
20-May-2022 09:37
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Yes Bro Goldendog, you are right once again. Don' t forget, I believe (but i may be wrong) it says somewhere in the new prospectus (Terra V2) that the new LUNA Coins are delivered in stages. Plus there is a lock-up period, they do this to control the prices from plunging. Unless they are planning to do a burn (which i do not believe Do Kwon will do immediately at least), essentially you are correct that those with LUNAC are stuck. Disclaimer: Not invested in LUNA currently.
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Goldendog
Master |
20-May-2022 08:19
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Either way we are losing money. When the air dropping of new tokens is done it would be sold ASAP and causing value to plummet then the old tokens will slowly dead off, our money gone is still gone but maybe can get back abit consolation money by selling the new tokens at a unknown price but probably will not be high. 
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simpleguy123
Elite |
19-May-2022 16:34
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For those holding Old Luna and want to carry on holding for the drop of New Luna. Someone was sharing this on the Terra Forums. (Unofficial Calculation) The total supply of Old Luna (Tokken Name: LUNAC) is 6.5 Trillion Coins. The total supply of New Luna (Tokken Name: LUNA) is 1 Billion Coins. Pre-attack Luna Holders: Are allocated 35% (350 Million LUNA) Supply of Pre-Attack LUNAC Coins: 345 Million Coins. So if you bought 100 LUNAC (Pre-attack), you will get approx. 115 LUNA. Post-attack Luna Holders: Are allocated 10% (100 Million LUNA) Supply of Post-Attack LUNAC Coins: 6.5 Trillion Coins So if you bought 65,000 LUNAC (Post-attack), you will get approx. 1 LUNA. |
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simpleguy123
Elite |
19-May-2022 07:20
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Stay strong my brothers, do what you gotta do to balance your portfolios out. I only own two stocks, GME and ATER. Both are squeeze candidates, with low floats. Other than that, i' m still hoarding cash and making abit of day trade money by playing put options.
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Goldendog
Master |
19-May-2022 05:49
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Yes i lost all money earned during covid for now too and still lose on capitol..this black swan event really kills us all. 
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KiasiGuy
Veteran |
19-May-2022 01:15
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Anyone has any idea what counter is good to play the bounce? I prefer Nio, Xpeng and AMD. GME depends on price movement. | ||||
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KiasiGuy
Veteran |
19-May-2022 01:01
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There is no MM trying to flush retailer or AMC/GME going to squeeze or return to the bull market soon.  The pattern is there. Drop to support, small bounce. Drop again, small bounce. These are bear market bounce which has mini squeezes.
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KiasiGuy
Veteran |
19-May-2022 00:51
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Guys next support around 10500-10800 for Nasaq. Very weak support likely see a small bounce for 2-3 days.  I also notice Nasdaq RSI never go lower than 27-30. In addition, SQQQ should approach overbought territory and VIX should peak around 35. We should place small bet on the bounce. Usually day of bounce will have a bull trap in the first one hour, trapping alot of shortist resulting in mini short squeeze.  This will be followed by around 10000 supoort. Real strong support will be 8000 plus. I think this will correspond to somewhere around end July. Usually August is a good month during mid term election year. I think Nasdaq will U turn from there. Likely 1-2 years of lower return because most retailers would have lost hope.  Bounce we should look get stock with strong earning and fundamentals with strong interest from MM.  I mention Nasdaq only because of its relevance to crypto. Not trying to FUD but this is reality.  I also expect MM to be smart by squeezing shortist fast and selling their position fast. We should rid of our position within 2 days during the bounce. Remember MM eats retailers. The real support is 8000+ . From there , we likely can long and stop playing bounce.  I hold no Crypto since January. Suffered AMC plunge. Lockhead Martin kept me above water. Overall , I lost all the money I made in covid but nothing else.  Please take good care everyone.   |
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simpleguy123
Elite |
18-May-2022 22:36
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Tether has its own problems, but that' s another story. If people want to be a Bear, at least should be the Bro Vic version of a Bear. The last thing we need is another Risktaker version of a Bear for Crypto. Imho the next to one be careful of is Stablecoin: USDD. Backed by TRX (TRON) This one is also deploying an algorithmic function just like LUNA/UST, instead of pegging the Stablecoin against the US Dollar. Also, the Founder Justin SUN. And like Do Kwon, Justin has his own fair share of failed projects that caused investors to lose money. 
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simpleguy123
Elite |
18-May-2022 21:23
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I don' t think they can force sell it. It' s not a delistment with LUNA. It' s more of the developers allowing Terra 1.0 to die quietly, because eventually people will move on with life.
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simpleguy123
Elite |
18-May-2022 19:19
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You can leave it there. Just that you can't sell, and i don't think they will force sell for you. But you can always "send" to another wallet. The catch is you can never send back into Coinhako.
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