Submitted by Cautious_Rutabaga328 t3_z64kjp in wallstreetbets
Cautious_Rutabaga328 OP t1_iy0bopt wrote
Reply to comment by Accomplished_Body160 in Inverse ETF help by Cautious_Rutabaga328
You're the regard i was looking for. Save me a space in the line for the soup kitchen if/when we're wrong
Accomplished_Body160 t1_iy0gt4s wrote
I’m in for about 25k, down about 2k now. If we’re wrong big time, I expect to lose about half or more. If we’re right big time (many reason I go on and on about—debt crisis, interest is not actually controlled, tech bubble, housing bubble, car bubble, geopolitical instability, crypto pyramid scheme unwraveling), I expect to make 100-1000% returns. I have limit sells ready at about 50% 100% 150% 200% etc returns ready to trigger. Some triggered during the last big drop, was up ~50% When in for 20k so I rebought with that at points over the last couple of weeks during this “rally.” Caught SQQQ for $43 and change which was nice. But anything at these prices will be great when market goes into free fall and sqqq is in the hundreds of dollars
Cautious_Rutabaga328 OP t1_iy0idc3 wrote
I'm only YOLO'ing my bonus from work cause fuck it...
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You got some Big Boy Balls
Accomplished_Body160 t1_iy1loun wrote
Well 10x that bonus would be nice regardless of how much. I think the crash will begin by month’s end
[deleted] t1_iy2yl5o wrote
[deleted]
Accomplished_Body160 t1_iy4uez3 wrote
Lookin good so far. Where’d you buy in?
Cautious_Rutabaga328 OP t1_iy4usgj wrote
I didn't. Platform maintenance/malfunction fucked me over so i withdrew my money decided to look for another platform... i may regret my decision...
Accomplished_Body160 t1_iy4xxhv wrote
You will. Not too late, but no pressure. Up 1k today
Cautious_Rutabaga328 OP t1_iy504ez wrote
I'm crying inside right now
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