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RE: "Stable Dollar" Better For The US Than A "Strong Dollar?" Gregory Mannarino
Hi @ mafsteem I'm glad to see you. There are a lot of questions that come to mind. First of all, thank you very much for your previous advice. Steem is rising steadily. Does this rise continue? Or will it fall after that? When does it become stable?
@darksea...It looks very good. I think it will go sideways. Between 5 and 8. It's almost the only crypto right now who is bullish. It most propably won't go below $5.
I trust you fully. You show us the priorities of investment. Thank you. I hope Steem will peak as soon as possible. I want to learn about your idea about Etherium I've heard rumors that there will be a big surge in recent times. Do you have any right? @mafsteem
@darksea...right now I don't have any Ether. If there will be a jump with Steem I will change half of Steem to Ether. Ether is the big thing. Where did you here about the big surge in recent times? I didn't hear that so far but it could be very possible. Maybe I should change a part to Ether already now. You heard also about the big withdrawal and it happend exactly like this. You have good sources. Ether is at a low point, very good to invest now, but I think Steem could surge more in short term.
@mafsteem... I read it in a comment on Ether. It seemed a bit strange to me. I wanted to get your idea. It really changed a lot in one day. There was a great retreat. My mind tells me to invest in Ripple urgently. Is Ripple worth investing now?
@darksea...There are comments for everything. I'm a strong beleaver in Ether but at the moment I think Steem is the better option for short term. Ether had a big surge the last 2 months. I think the next big surge will wait a couple of weeks. Ripple is the coin of the banks. It's a controlled coin. I never would buy this but sure it can surge short term a lot. Ripple surged a lot 3 months ago but before the great retreat, Ripple lost almost 50%. Very dangerous Coin. I just read that there is also manipulation with Ripple and Nem in Japan.
@mafsteem... I will follow the recommendation I will also leave my money steem. I have full confidencing in you. I am profiting from Steem on your behalf. :)))) Thank you so much. I'm waiting for the command "now" for you to investment Ether's.
@darksea...I'm quite sure Ether and Steem will rise the next weeks. I think Steem will rise more. Sometimes there is a certain constallation when I feel now you have to do it. For myself I'm usual not patiently enough. But when I told you now, then I was 100% sure. I bought already before for $5.75. The other half I bought for $3.25. So everything is fine.
@mafsteem... Definitely I agree with you. I picked up 4.15 on your note. And I'm happy. Now I'm waiting for the right time to sell Steem (a look of $ 8), or you'll have news :))) You are said buy Ether.
@mafsteem...too bad you can’t sell options on steem (or other cryptos).
Selling short strangles around your long cryptos would be great in a sideways market.
And with the high IV in cryptos, you could lower your basis to zero pretty quickly.
I used to sell a lot of option premium in the past in stock indices, but in this low IV environment, it’s not worth the risk anymore.
@stehaller...good to know. I'm not well known with options.
@mafsteem...just go to www.tastytrade.com and watch and learn.
@stehaller...thanks a lot for this link.
@mafsteem...you are very welcome. I know Tom Sosnoff very well from over the years and countless email conversations. You can email them if you have questions and they always answer. They also have their own brokerage firm: www.tastyworks.com
It is the best trading platform out there and they have by far the lowest commission rates.
I have done countless studies on premium selling myself. If I have time, I will post them some day.
@stehaller...very interesting. Good to know the best sources out there.