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re: Official CryptoTalk Thread

Posted on 3/28/24 at 10:59 am to
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
25951 posts
Posted on 3/28/24 at 10:59 am to
quote:

I'm in a delima with my Doge. I'm way up and feel like I need to sell.

Told myself that I need to sell if it gets around .25 and rebuy if it drops back around .10.

Thinking now I might sell half and use what I sell to rebuy if it drops.

Torn on what to do for the usual reasons of "what if this jumps back up to .70 and I'll be kicking myself for selling."



Unless you have some buy and sell orders on an exchange, you wont get .10 again. I'm reevaluating at .50 but I think this is going to 1.00 min
Posted by Hateradedrink
Member since May 2023
1338 posts
Posted on 3/28/24 at 11:40 am to
according to an article on cointelegraph, options worth 134k BTC (over 9 billion dollars at 70k) is set to expire on Friday.

The max pain price is 50k. Looking at the graph, almost all the puts are going to expire worthless if we close the week at 70k.

Im not sure I’ve seen puts get completely fricked in the crypto market like this before.
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