WSB

TraderZones_Daniel

What's the damage...? This deserves a response only WSB could give. The tax rules alone make this a terrible idea. For one, you just signed yourself up to pay double-taxation on the entire $200,000 (unless it's a Roth 401k). You may get lucky and basically break even if BTC does more than 100%, relative to the growth in your 401k funds, before you have to pay back your loan, and you sell it and pay back the loan. You should talk to a CPA who will tell you exactly the cost which varies based on outcomes. You may still qualify to make it a 60-day IRA rollover and undo the taxation self-rape you just executed, but I don't remember all the rules and this isn't advice.

RoutinePrice446

Oh man, WSB *hates* this asset. They're also a bunch of self-proclaimed degenerate regards gambling their kids' college fund on 0DTEs, so it reassuring to be on the opposite side of that.

MrT_IDontFeelSoGood

Lmao looks like I hit a nerve poking a hole in your logic. For what it’s worth I’m a trader, not a gambler like those WSB degens. Their daily discussion thread is always comedy gold though so I do have a soft spot for those poor bastards 🤣 As for my trading I’m up over 80% YTD with a max drawdown of 7% from swing trading ETFs without leverage so don’t worry, I’m doing just fine.

ryman9000

They don't allow crypto posts... Otherwise yeah I agree. Very WSB post.

platinumarks

Issa WSB meme

PeachScary413

You are beating 99.9% of WSB "investors" at the moment.

Hitchie_Rawtin

This sub somehow manages to be even worse than Xitter, true pondscum. At least Xitter has *some* people interested in the technologies and conversations can happen, this sub is 95%+ WSB bros who think "none of it matters, it's just a casino, why would anybody want a secure software development platform bruh, just use Revolut or Venmo for transferring money bruh??!?" Vile creatures, there should be a purge of the illiterates but in all likelihood the mods here are probably some of them.

Fakeplayer1

WSB Sub-Meeting

Hitchie_Rawtin

This sub became wholly irrelevant during the previous bull, people stopped posting anything novel here once WSB scum subsumed this place because unless you're a BTC or ETH maxi, posts/comments are a downvote factory. Pointless. People here are *proud* of not knowing about or liking anything to do with the technology. Check the top posts of the past year, it's just hope and cope posts about BTC, Musk, Trump and HawkTuah. This place is the TMZ of crypto, just some daily gossip about the biggest "stars" of the week, generally something about Trump scamming people.

JimmyButtlard

Lmao this is so ironic coming from someone buying crypto 😂not denying that WSB is full of gamblers, but that’s all crypto is anyways.

xXSomethingStupidXx

I saw this exact image in WSB talking about BYND on Monday so that should tell you all you need to know about this post.

tomsmac

Several years ago the WSB boys taught the GME shorts a lesson. Shouldn’t they do the same for bitcoin?

Sangwiny

That's the only reason I sub to WSB. It's like a cautionary tale, that I can use for myself, any time I feel the smallest impulse to gamble.

MySnake_Is_Solid

That's why you need to throw bags behind the dumpster and then go back for them, away from the sights of cameras. Just make sure not to hit your WSB bros when throwing.

Oykb101

1000+ BTC = whale I hope the boys over at WSB are keyed into this short squeeze potential

Shaantie

Someone call a plumber, WSB is leaking again

Spl00ky

I'll assume you're talking about Musk, Bezos, Ellison and others who started their own businesses or at least lead business and have almost all of their net worth in those companies. But you know, for all of their success, there are millions of other "insane" people who made concentrated bets and it didn't quite pan out for them. Check out WSB for daily examples.

AnoAnoSaPwet

There's just a lot of negativity posters out there. I looked up another replier's history and it's straight negativity on every post. I used to like it here because generally most people are intelligent, but not so much any more after the WSB crowd moved in. 

tomsmac

Why don’t this WSB guys start helping out?

LightGoblin84

the guy on WSB that shorted gold with his house money is laughing rn

not_apply_yet

I understand that you are being sarcastic, I was kinda chuckling at the idea in the begin, however its not that bad, if we can coordinate and find a way to choose a coin to pump, as the biggest crypto sub on reddit, pumping a 1M coin 500x or even 2k times is not unrealistic, WSB proved it multiple times before. The mechanism to find the coin and coordinate people might be tricky tho, i.e: \- 1st condition: it must have < 10M MC .... \- nth condition: dev/creators no longer have the coins (they sold a long time ago)

repliesinpasta

nobody has ever lost money taking advice from WSB

MKD8595

Where my WSB regards at!?

goofytigre

I doubt this $500M is 100% of this account holder's AUM/net worth, though. I've seen plenty of WSB idiots risk 100%+ of their NW on riskier plays than shorting BTC from its ATH...

8512764EA

No one on WSB put down $500 Million in a single trade yet

Hitchie_Rawtin

> it was not better It absolutely was in one sense - most people who were in the community did care about decentralisation and the technology's possibilities. Since 2020 the majority of the retail market is WSB "apes" who're quite proud not to care about any of the tech or decentralisation, it's a facet to be mocked in their eyes.

here_we_go_beep_boop

Dollar cost average boomer ETFs for the win. I have a little play money account i use for WSB-inspired flutters, and some of these have done very well, but ive never trusted them enough to put down serious money. Im up nearly 4x on my crypto portfolio but that's several years of DCAing BTC and ETH. Lost money on every AltCoin I ever touched 🤷‍♂️

noviwu97

It used to be a joke from WSB, but over time there are some people who think "wife-changing" is a real objective. Just like "not a loss until you sold" started as a joke but somehow now became Investing 101 Mantra 

DeineMudderbannt

Thats why smart leveraging is working, there are always Noobs who are the Casino Type with zero Knowledge :D. He can join WSB now and is a Hero.

RetiredAvocado

Seems like the "daily" and even "hourly" thing has been popularized with bitcoin. I don't hang out in WSB, so maybe with robinhood it's been a thing in stocks too. But with stocks they handle the cost basis and you can just submit summary loss/gain.

DoctorMario1000

Crazy how in 2021 the crypto daily was most as buy as WSB daily and now it’s like three comments an hour or even less sometimes

SandysCardboard

Crypto, cards, ans whatever options WSB says to buy. It's the easiest $27 million I ever made, honestly for people who stay poor it's their own faults.

BullyMcBullishson

>People are afraid to short but at the right times they can make big bucks Bragging about ~~gambling~~ trades is for WSB and other subs filled with degenerates who need to flex on things that may or may not have actually happened.

Swerve99

Most of you need to sell and just be done with it. you missed the easy ICOs in 2017 and all the good memes in 2021. you’re just gonna watch as this cycle comes and goes and your precious and necessary alt szn fails to meaningfully materialize. you know you like the circle jerking over at WSB better anyway. just sell baby and take fucking jizz9904 with you or whatever his name is.

DeebosDrawers

It’s all the 🌈🐻 fault. I think that’s what they call em in WSB

Arra_B0919

Yeah I feel that. WSB vibes are all adrenaline and moonshots 😂. Nothing wrong with DCA + sleep tho… lowkey feels like the real flex is not checking charts every 10 mins. Slow wins still count.

MichaelAischmann

News about the stocks of companies that have some crypto involvement start to annoy me a little. I main this isn't WSB, right?! Curious: How do y'all feel about that?

ZHName

This was posted in WSB: 'I just wanted to share some exciting news with you! I’ve been a palantir enthusiast since 2023, and when it hit over $170, I made a bold move. I sold all my PLTR and used the proceeds to put down a down payment on my first house. And guess what? I just moved into my new lake house yesterday! Can you believe it?' Almost an exact copy of this post.

Lonelyguy765

It's pretty much the same thing. WSB and the stock market are basically the same. Just find a company, get some inside info, rip everyone off, and sell the shares right before the company collapses. Same thing with crypto, useless unless you live in California or want to take a huge risk buying illicit substances online. But, find the crypto you think is gonna perform, buy some of it, wait until you know it is gonna tank, and sell it all.

TroubleInMyMind

Eh head over to WSB it's a nonstop bull circle jerk over there of zero substance and all euphoria.

Hitchie_Rawtin

It's always had its degens but it went down the toilet around 2020 with the influx of WSB bros and MOON farmers, the majority here now aren't into the ideologies that you'd previously presume would be a "must" to be into crypto, they just want a casino & the disparate technologies being worked on are pointless fluff to them.

x_lincoln_x

Most finance-bros are emotionally stunted and are just cheer-leading their bags. This goes for WSB, this sub, every finance or crypto forum.

harvested

Do dips separate the bitcoiners from the fiat/alt/trader bros? The regular accounts I see here are chill, but we have a bunch of WSB, shitcoiners and newbies panicking and crying.

BanButtcoinMod

I'm not gambling, but that's because I understand Bitcoin (almost) completely. If you're on the Bitcoin sub, and call every buyer a "gambler", that means you don't get it. Like, at all... This other dude wasn't lying when he said you need to go back to WSB

SwedishChicago

No analyst say to hodl, idiot WSB GME morons started that. This is crypto it’s a swing trade not a hold. Sticky this comment to the main page.

TheVoidKilledMe

is WSB anti Bitcoin ?

nyg420

I just want to say first and foremost I thank God, all my fans, all my haters in buttcoin and WSB ya'll can hold this dick!

inShambles3749

No one gives a shit. Also isn't that the dude from WSB. Post there

MariachiArchery

>It feels like crypto has devolved into some weird team sport where your either with em or against em. How many cycles have you been through? Because like... damn dude it is way more mature than it used to be. Way more. Even just 5 years ago it was like WSB in here. Has crypto changed? Hell yeah. And, the beauty of the blockchain is that we can just go look at it, we can see how it's changed, its not a secret. Additionally, we are *finally* starting to get some regulatory clarity. That is a huge change for this space. Now, regarding the talk of price... man, its always like this. Every time bags start to get pumped, price discussion dominates, and I don't think that will ever change, ever. And that is OK with me. People think they made a good investment, and now they are excited about it. Good for them. Of course it is masterbatory in times like these when we are nearing price discovery. Of course. Every cycle has its big run up news. Right now, that is ETF's and regulatory clarity. That has been the big change recently. Everything else will stay the same, and the discussion will always ebb and flow based on what the market is doing. If the prices are down, we'll get more philosophical posts. If the price is up, we'll get more of the WSB style of posts. Its always going to be that way, and its always been this way.

aldamith

I shall play the role of WSB short squeeze bot: Short squeeze these nuts you fucking nerd!

Financial_Animal_808

go back to WSB, this is dumb

CipherScarlatti

Lotta people are also trying to rationally explain when it's more likely that the guy is a gambler like John Candy plays in this [clip](https://www.youtube.com/watch?v=VCvOWhT1TiA). Actually this clip really encapsulates this sub and WSB. Even worse - we're all Jim Belushi. 😢

126270

op is WAY too busy with WSB/rkt/moon gambling to listen to reason here

snoughman

The crypto sub is full of liars. WSB people are posting their holdings nonstop.

punppis

I wonder the average age on this sub. It really is like a cult sometimes. Aint nobody posting any tier lists on MSTR or WSB. There are quite a few people who own more than 1BTC and I wouldnt consider them as elite in BTC circles, because they probably dont even know how it works, just a part of their portfolio managed by someone. Bitcoin will be a part of the future for sure, but yall acting like nobody else knows that fiat has inflation and Bitcoin will cure cancer and everybody will be rich when fiat collapses and somehow Bitcoin will keep its value through apocalypse, when u cant even trade it in emergency like no internet

alive1

This is typical WSB thinking. If you understand Bitcoin, you will be 100% in. Everything else is going to zero against Bitcoin.

DryGeneral990

Yeah, stay away from WSB. https://www.reddit.com/r/wallstreetbets/s/nx3Ec0zyZu

hrad95

This sub has significantly fewer people in it than WSB ever did on a slow day, and it's the best performing asset in human history. Wild.

Kumchaughtking

I saw a guy on WSB go into his broker apps code and delete his sell button… you could do that.

mrjune2040

Meh—that was under the guise of it's original semantic meaning, but OP sure as shit isn't talking about a manufactured controversy, he's just talking about someone disagreeing with him ffs. In contemporary terms extrapolate it out to WSB bros if you want—but it's sure as shit one of the most common BS phrases used in crypto (primarily).

wsbgodly123

It it’s good enough for an article in WSB, it’s good enough to sell

malte_brigge

I'm convinced he *is* psychotic. He has a huge copypasta of pre-written "rebuttals" (most of them absolutely "regarded," as WSB would say) that he maniacally comments and pins under each remotely pro-Bitcoin post or comment that ANYONE makes. Then he bans the person who made the offending comment or post, so that they can't rebut his attempted rebuttal.

blowgrass-smokeass

She’s basically a WSB user. Her ARK ETFs were solid performers in 2019/2020 and everyone raved about her. They only performed well because she bet 30% of every fund on TSLA. Those funds have cratered since.

Cooper420yo

Bro said shares, get your ass back to WSB

Crypto-4-Freedom

Yeah i agree, and isee it lately more in r/WSB as well

JalapenoPeppr

Funny going to places like Buttcoin and WSB, reading about people’s anger towards Bitcoin.

TheMajesticPrincess

WSB doesn't allow crypto discussion because there's so many scams and pump&dumps that it would undermine the legitimacy of their Reddit I believe. I think it would devolve into people endlessly posting "haha I gained 10,000% on this meme coin"

Prestigious_Exit8717

Fair point, subreddit specialization actually works pretty well. WSB already has enough wild energy with just stocks, adding crypto would be like throwing gasoline on a fire

Skeewampus

There are plenty of subreddits about crypto. I’m sure they don’t want people talking talking stocks there. That is the rule of the WSB subreddit. I’m sure most members their accept and trade crypto. They just choose to keep the discussion focused on stonks and not other things.

assistantpdunbar

Defending himself during the GameStop-WSB-Robinhood affair, Steve Cohen said of floating $1B to another hedgefunder getting beat up by the short squeeze "you have to understand, a billion dollars isn't that much money to me". He wasn't flexxing, he was just saying a fact. He was apologizing/justifying his actions.

noviwu97

The single worst investment that's echoed throughout every large financial sub is "It's not a loss if you don't sell". It's a meme from WSB, then all the noob came because of GME and thought it's a serious Investment 101 Guideline. The reality is, you lost your money the moment you hit "BUY". Then regain it back when you SELL.

ImOakOrAmI

It’ll likely take hundreds of billions. Degenerate WSB style nation state fomo. I don’t see it happening, because that’s not how nations operate, but I could easily be wrong.

kgal1298

Like WSB that banned everyone in a separate subreddit the other day for calling out how they ban so many people. Truly Reddit mods are a special breed.

Hitchie_Rawtin

This thread's incredibly revealing of who pays attention, I presume they're WSB newbs from the Covid influx

TRADER-RETARD

She still belongs at WSB

Otherwise-Chart-7549

I just came from the WSB and the meme that says “if they could read they would be very upset”

AutisticGayBear69

You remind me of the guy on WSB who yolo’d the inheritance from his nana into intel.

harvested

Is it that you go back back to WSB? Cause that would be cool.

2hurd

Yes, I think buying an asset close to it's historical highest price is recommended by every expert on WSB. Buy high, sell low is one of the most common investment strategies in the world. Everyone is doing it so it must be good. 

procabiak

Regards like you is why the Bitcoin space looks immature as fuck. Counterfeiting creates an identical duplicate. Fractional Reserve does not create an identical duplicate, it creates a hole in someone's in house accounting. If Fractional Reserve creates the 21,000,001st Bitcoin on the blockchain then you will be correct. Go back to r/WSB where you belong.

rocket_beer

I’m not against it, never even said that But this belongs in a different sub. None of these transactions are happening with crypto. They are fiat transactions. The entire point on bitcoin is to move away from the problems of fiat. This community is working to make adoption happen. ETFs are not anything directly connected to cryptocurrency. Honestly, this post belongs in one of the stonks or WSB subs or another brand of finance.

rocket_beer

I’m not against it But this belongs in a different sub. None of these transactions are happening with crypto. They are fiat transactions. The entire point on bitcoin is to move away from the problems of fiat. This community is working to make adoption happen. ETFs are not anything directly connected to cryptocurrency. Honestly, this post belongs in one of the stonks or WSB subs or another brand of finance.

Envirant

If WSB is anything to go by, Wendy's.

lovethailand

Best description, i might add he exchanged $100 million for 350k twitter follower. He should go straight to the WSB hall of fame.

Zwetzak69

This guy is active on the WSB sub. What do you think? Just another "need money quick" junkie, like so many other people. While we're going to get rich slowly, he'll still be stuck with the same mentality 20-30 years from now. Not everyone can make it, and I'm totally fine with that. Imagine if everyone was able to retire early... Our economy would collapse.

Privateer_Lev_Arris

BTC is kind of in spirit what WSB was. Community driven rally of a specific commodity. The only issue is that the sentiment and liquidity have been fragmented by altcoins to some degree. Plus the institutional investment has changed the landscape considerably.

dickingaround

Well, let's not over-sell WSB. Plenty of stuff in there is 0day futures and tons of leverage. Seen plenty of people take 95%+ losses that even BTC-USD exchange rates rarely deliver (more like 75% kind of swings :)

mk0aurelius

WSB is coming around to BTC

astockstonk

That’s some A class WSB ape logic

Thatoneguy_501st

I do not need to „put my money where my mouth is“. We are not on WSB here. But by the stuff I am seeing here I slowly think we are. I came here to hear counterarguments and debates not be called a peanut brain just because ppl don‘t agree these days. I buy and hold assets and stocks for the long term. I don‘t play around with debt and derivatives. Just too much risk involved. Goddamn people really can‘t have a normal conversation these days.

sumcollegekid

He almost died of a heart attack in the JPM boardroom. They loaded him onto a chopper on the roof of the building and we're able to get him to the hospital fast enough to save his life. Where's Rambo when you need him? [Rambo helicopter scene 🚁 🔥](https://youtube.com/shorts/ha4xsr3-X8U?si=TC_EVAHQhwb76WSB)

bbatardo

Guessing you aren't familiar with WSB lol theyq will do 0day options on anything. 

Fun-Sundae4060

Because while Bitcoin has a ton of fanatics here, they’re the most financially illiterate people I’ve met on Reddit. Literally worse than WSB.

Specialist-Front-007

We're not on WSB. I'm just a simple stacker and hodler

Fun-Sundae4060

I know, it’s WSB but with even less financial finesse somehow LOL

AdBeginning5638

I think you are looking for the WSB sub

m2tk16

Just buy BTC and hold. If I’ve learned anything over 3 cycles, it’s this. Otherwise just go to the casino (at 21) or WSB and play options (at 18).

International-Ad3147

No way this goes tits up…more of a WSB post. I like BTC but this is too much.

mnkypsycho

WSB luck, goes up when sell and down when buy.

mnkypsycho

WSB joke, goes up when I sell and down when I buy.