yeah, i went through the process of opening a "margin loan" capacity however I misread the docs and the margin is only used for trading which i don't want.
Like what Jake is saying i guess Security loans is way too risky on such a levered product. Maybe when MSTR is the size of Apple then it might be OK for such loans.
The margin loan sort of opened a black hole in my account so when I realized it I just tiptoed away from the edge.
as Buffett says, "ladies, liquor & leverage". I got the leverage, now i just need the other two.
Yikes nostr:nprofile1qqsfy229w70e8lgtxavlz9t78k06yrel6fxyhreteafqet8kfxhhwmg2c6av2, I think your Zap bot got stuck and just zapped me 8x 500sats to 4Grand satoshis! Checking out your BOGO sale...
Wishes do come true!
Thx....
Correction, thats a BOGOHO sale (half off). My bad.
https://store.blockstream.com/products/blockstream-jade-hardware-wallet
Good idea. I also bought 21$ to do my part and keep it pumped up
Are there any 100k discount codes?
What are they behind about?
It's a lot of nice land. I just did some hiking in the Jefferson National Forest. It's huge! And that's just a few hours from eastern seaboard.
The board would have to Microdose before their vote for that to happen
i'm not sure what IQ scoring is good, but 42 would be because it's got the "guardians of the Galaxy" thing going on where it answers stuff from that book and 42 is the answer to the universe. I've never read that one, and don't plan to as Grok has filled me in on all I need to know.
I just ask Grok to give me the Jane Austen version of things when i get tired of the default Grokiness
I wasn't aware that cats can become "bonded pairs".
Oh papa, please make your way home to mama soon.
Applying for margin loans now...this rocketship is counting down like the 12 days of Christmas.
Who said bogleheads couldn't have fun.
there is an interesting site that has statistics for this. i thought i had it bookmarked but can't find it.
What, I can't believe they don't have bakery samples out there for the bank. I'd take a quarktasche.
They could lean into brewery tradition like a Texas Barber shop and offer a beer while waiting.
Since we're not accountable, I'm going with Xmas lift off and waving bye at the moon at inauguration.
They do have lollipops and coffee usually.
Since y'all are on this topic of risk curve, my question is if you have MSTR in a brokerage and want to take a margin loans at 10% to repair a car or something, what amount of margin is acceptable and still stay on the safe side of Caitlin Long's "a fool and his levered bitcoin are soon parted".
Brokerage Rule is 35% of account collateral.
I'm thinking I need to stay above 35% in the worse drawdown scenario which would be 80%.
So if I have (10,000 -80%*10,000)* (1-0.35) I can borrow 65% of $2000 or $1300.
Does this make me a fool since this MSTR is leveraged Bitcoin already. I suppose drawdown could be worse than 80%.
it's probably both. i find myself licking my wounds and addressing this object that I have a bigger Bitcoin stack. and the ocean motion.
"it's not the size of the boat, it's the motion of the ocean" told me no one ever. ok maybe. i don't see the ocean in this package.
i'm scared off by this thing
I did the work of zooming in on MSN Money to see what was happening on December 2020. I was surprised to see that the BTC price was taking a little glide down after November 26 until December 15.
From December 15 to April 11 it tripled! this was before i was in bitcoin, so if this history repeats it's going to be very interesting!
