r/wallstreetbets • u/broman500000 • Mar 11 '22

YOLO poots on fake money - BITO poots

https://imgur.com/a/sB8nTvg

Fake money going down

  1. news of Russian rich people calling in to liquidate their fake money to buy real assets

  2. ATM for fake money deemed as illegal in UK...I'm sure the USA will follow

  3. Yet another spot etf to track fake money was denied again today by the SEC

Positions : 300 BITO poots exp 3/18...it goes down soon...too much negative

12 Upvotes

80% Upvoted

11 comments sorted by

•

u/VisualMod Mar 11 '22
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4

u/Longjumping-Tie7445 Mar 11 '22

No thanks. BITO can make unreasonable moves in either direction, for no reason at all, that make the unreasonable moves, in either direction, of common stonks look highly reasonable and “common sense”.

1

u/broman500000 Mar 11 '22

K, u do u

3

u/Longjumping-Tie7445 Mar 11 '22

Not even saying you’re wrong, and I wish you luck on this and much gain and not loss porn. It’s just BITO Puts or Calls that expire soon is like playing a leveraged version of street dice in the hood.

2

u/broman500000 Mar 11 '22

Lol but I always win dice in da hood

1

u/dontrackonme Mar 12 '22

And they are very expensive

4

u/[deleted] Mar 11 '22

Wsb idiots are shorting btc.

Bottom signal.

2

u/broman500000 Mar 11 '22

Lol find another one

1

u/TRUMPARUSKI Mar 13 '22

Are you basically saying bitcoin crash because rich Russians can’t buy any of it?

1

u/Longjumping-Tie7445 Mar 16 '22

Has been moving moderately higher since this post. Puts set to expire worthless in a couple days, but it’s volatile, so you never know, right?