Posts

Doge is done…

-
Not sure if it’s worth piling on, but this Doggie has run its course. Been out as noted last July. HOOD was just as much a bust. Like I said, don’t speculate with money you can’t afford to lose.  The Options Wheel strategy on the other hand has been a tremendous success. Since last July using the Think or Swim (TOS) app, I have been able to generate premiums and returns between $500 and $11,000/mth. So, seeing this work in real life has convinced me to transition my trading from that of a high risk speculator, chasing the latest meme stocks to that of a semi-value investor; all by using a covered Call and cash secured Put strategy that also takes advantage of profits and dividends as well.  So long term, the goal is the same…get my portfolio over $1-million, and “tap out in ten.” That’s my new mantra. Look into the Wheel Strategy as well folks, and join me. 
Post a Comment
Read more

Long time no Doge...

-
Image
Welp, I’ve moved out of Doge for the moment. Played Da’HOOD for some nice IPO gains. Looking to flip this trade to a quick $350- to $500, and I’ll figure things out from there. Doge has lost my interest for the moment. Sometimes momentum needs to be capitalized upon...$191 to $375, back to $277. Onwards to $500. On the other side of the fence looking to SELL one PUT option on about $4,000 for around $200 to $250. Trade to come when/if the opportunity presents itself. 
Post a Comment
Read more

Support above .16, but could fall under .10

-
 See the latest from FX Street. Beyond that no new news! https://www.fxstreet.com/amp/cryptocurrencies/news/dogecoin-price-fumbles-the-opportunity-but-doge-clings-to-bullish-aspirations-202107241905
Post a Comment
Read more

The more you feed a hurricane...

-
Image
The more you feed the monster, the more it wants. Look the bottom isn’t here yet; anyone buying coins now is just giving their hard earned money away to those who want to cash out at this point. Look at all the green...followed immediately by the red. Telltale sign of a money swap. Believe me; I want to be wrong here. Looks awesome here...until you really... Zoom in on the details...
Post a Comment
Read more

.15 and below this weekend?

-
Image
Coming up on ten days ago, I called the slow dwindling to .15 ; looks to be playing out. Would I have wanted it to recover to .45 or higher? Absolutely. Look, no one wanted to see .15, but it’s obvious to me that the whales wanted and continue to want to cash out. Will hodl until under zero at this point. Goodbye $200. Never speculate what you aren’t willing to lose! See my Tips under [Pay Yourself First](https://dogecoinmillionaire.blogspot.com/p/pay-yourself-first.html) on my blog, it’s Tip #5 there, my friends. I think we’re going to see sub.10 and possibly under ZERO soon enough. Hodling not adding until then...
Post a Comment
Read more

Almost there...Almost there

-
Image
This has .15 and below written all over it. I’d expect to see sub .10 shortly. The whales are cashing out at every bounce, imho. Not buying until we’re back under zero.  Hodling 1,111 coins to whatever end! Woof!
Post a Comment
Read more

The slow dwindling to .15

-
Image
This will test .15 and lower, gut feeling no fundamental analysis to support that thesis. Technically however, we are already seeing May 18th lows, but instead of positive momentum, we have stalled. As a result, I suspect this will test .19 again — as we’ve already seen .21. It’s a race to zero from there...just my opinion. Again, I see sub .10’s happening again, and I’ll buy some there and again at zero. Yep. Literally trading real dollars for ...emptiness.  My hunch is we will see $.75+ again within the year...just don’t know when, and worst case; I lose the bet... and I’m holding onto 15,000+/- Doge. Could be worse.  And this is all just that, a bet. Don’t delude yourself into thinking this is investing. But I like a good casino just as much as the next person; let it roll!
Post a Comment
Read more