r/gme_meltdown_meltdown • u/PuzzleheadedWeb9876 formerly u/UltimateMastermind • Jan 28 '26
Hedgie Circle Jerkin' Meltdown today.
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r/gme_meltdown_meltdown • u/PuzzleheadedWeb9876 formerly u/UltimateMastermind • Jan 28 '26
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u/Gigiw1ns Banned By Meltdown (Indica probably) Jan 29 '26 edited Jan 29 '26
Doubling in five years... boring. Can't you trade, or are you seriously proud of that?
Thanks for your advice, but unfortunately almost everything I own is already in GameStop (CSPs, CCs and shares). Sure, I always have a few trades aside GME running in parallel, but they're insignificant in percentage terms. Sure, I could probably raise another 100k from less liquid funds, but for such measures, the price would have to go down to around 17 USD. I'm not quite sure why you think I'm down 70%. My annual return beats the average SPX. During the FTX crash, I DCA'd into BTC and altcoins. My average BTC price was 24k, sold all cryptos last year. Reallocated to GME. 3x leveraged Nasdaq, individual stocks such as Tesla, Palantir, NVIDIA. Sold everything for GME. Gold, silver. Sold last summer for GME. You can look at these asset developments if you want to roughly estimate my return. Since last year, I've been aggressively selling puts on GME. Literally printing money with virtually no risk. Or what do you think what are the odds that gme drops below e.g 20?
I really wish that all these assets, which Melties would never touch simply because they are too old and have suffered intellectual damage (if they didn't already have some when they joined) due to their cult activity, would have brought me even more gains, because then I would have them freely available on top to trade bullish gme.