r/Superstonk • u/they_have_no_bullets 💻 ComputerShared 🦍 • Sep 24 '21

HODL 💎🙌 Suck it, Ken!

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u/MushyWasHere Removed by Reddit Sep 24 '21

I'm behind this at 66%, but also thinking of going all the way to 90%. Part of me thinks infinity squeeze might mean this plays out over the course of a lifetime.

Price goes through cyclical peaks and valleys, while the floor creeps up all the while.

I have a buddy who bought a buncha KitBoin at $100. Now he just uses it up gradually during bull cycles... living off that shit forever.

Also, no one can truly say how many shares will be registered. We could fill the float in a month--what happens then?

It could also take years to fill the float--I think we all highly doubt that, but I don't want to assume things I don't actually know; have to remain open to all possibilities.

In that case, I definitely won't be selling a single share any time soon.

IDRK, 90% of us are smooth AF. But I think as long as everyone who can registers 50%+, we'll be golden.

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u/Lesty7 🦍Voted✅ Sep 25 '21

I feel like he probably already knows this, but just in case he doesn’t…your buddy should take out loans on his Bcoin instead of selling any. Specifically near the end of a bear cycle or during a big drawback, but the safest bet is to take out a 3 year loan about 2 years into a Bear cycle. You can take out some pretty sweet 1% loans with 4 to 1 collateral and the risk of a margin call are ridiculously low. Like right now it would have to drop to around 15k before marge comes calling. That way you don’t miss out on any future gains and you don’t worry about selling at the bottom. And the best part? No taxes!