๐ Driven by first principles & macro perspective
๐ Using tech to enhance life & prosperity
๐ช๐ผ Tech enthusiast, strategy gamer, and powerbuilder
I just learned from the $COIN earnings call that its venture portfolio is valued at cost (not fair value) on its balance sheet.
This portfolio could easily 10x+ in a crypto bull market ๐
I've been genuinely looking for strong bear cases for $COIN, but in doing so, my conviction has only gotten stronger ๐ The company is misunderstood and mispriced IMO.
Generally speaking, people seem to be tied to the idea of Coinbase as just an exchange that relies on transaction volume to be successful.
I think of $COIN as a crypto infrastructure play with massive growth potential, which is much different.
Damn, I love
@realMeetKevin
, but heโs the biggest $COIN bear out there now promoting his bear thesis every day ๐ป
Iโm giga long $COIN and crypto ๐
Letโs see whoโs right ๐
@alexandr_wang
Life itself is a vast, intricate system interspersed with countless sub-systems. Mastering the art of systems engineering has applications across so many domains!
OMG, Coinbase has hundreds of companies in its venture portfolio ๐ฎ
Does anyone know where it would be included on their balance sheet? Maybe โOther non-current assets?โ That shows ~$363M, but I have no idea how much of that represents their venture portfolio specifically.
@KobeissiLetter
But simply comparing the P/E ratios doesn't paint the whole picture. If todayโs companies are putting up big numbers and indicating strong growth, those P/E ratios could be justified.
WOW, now I see what all the Vercel hype is about.
Just moved the Pocket Bard website from a super basic CRA app on AWS Amplify to
@nextjs
on
@vercel
๐ป
The performance on the new site is insane, and the developer experience was incredible ๐
@amitisinvesting
Robinhoodโs direct deposit goes into your โspendingโ account, usually a few days early. And you can move it to your brokerage account and invest it immediately. Loved it when I was at Salesforce!
Checkout from the amazing Basecamp team! Theyโre now accepting crypto payments via
@CommerceCB
through Shopify
@jasonfried
and
@dhh
are true original thinkers, Iโve enjoyed reading all their books - such concise and clear thinking and writing
@danheld
Iโm excited about the continued development of Bitcoin L2s! I only have exposure to $STX at the moment. Any others worth looking into? ๐๐
Damn, I love
@realMeetKevin
, but heโs the biggest $COIN bear out there now promoting his bear thesis every day ๐ป
Iโm giga long $COIN and crypto ๐
Letโs see whoโs right ๐
If todayโs surge was entirely organic and not part of some malicious attack, itโs pretty crazy and VERY bullish that Coinbase is seeing over 10x traffic this earlyโฆ ๐คฏ $COIN
Apps are now recovering.
We had modeled a ~10x surge in traffic and load tested it. This exceeded that number.
It's expensive to keep services over-provisioned, but we'll need to keep working on auto-scaling solutions, and killing any remaining bottlenecks. Thank you for
Intro Post ๐๐ผ
My name is Jason! I got my bachelorโs degree in management and eventually pivoted to software engineering ๐ป
I recently quit my day job in big tech at 29 to do my own thing! I'll be trading and investing, as well as playing poker for income, while I also work on
Havenโt hit one of these in a while! Feels good ๐ฌ I think thereโs a good chance it keeps running, but I have a busy week, so better to be out with these gains early.
$TSLA ๐
@GrahamStephan
I disagree. It might be the easiest way or the best way for people who aren't skilled investors, but it's certainly not the best way, period.
@SchrodingrsBrat
I've always been aware that I have certain advantages (and others have some over me), but I've never really thought about what they are. It's probably worth figuring out ๐ฌ
I just put in my 2 weeks today, and it feels like I'm dreaming ๐
After 8 long years of grinding a 9-5, Iโm finally breaking free to work and live on my terms.
Iโll start the new year focusing on
@PocketBard
and sharpening my trading and investing skills ๐
I'm also thinking
My current long-term (2-3+ years) portfolio, with conviction and size in descending order:
$COIN Coinbase ๐ช
$TSLA Tesla ๐ค
$HOOD Robinhood ๐ฐ
$AAPL Apple ๐ป
$U Unity ๐ฎ
33rd/100 today at TNF, but I'm pretty happy with how I played. I need to work on my stamina to consistently play at my best. Wolf is amazing. I hate Pichu.
@engineers_feed
Time/Freedom -
With $1M, I could quit my day job, unlocking 40-50 hours/week to dedicate to passions and pursuits of my choice.
Assumption: I can effectively manage the $1M to ensure a self-sustaining lifestyle without returning to a conventional job ๐๐ฌ
Oh yeah, I finally got my old 401k money transferred to my Robinhood rollover IRA ๐๐ผ
Went on a buying spree, and this is what I currently have with ~$25k in cash.
Iโm in $BITF for a short/mid-term trade, but the rest are long-term positions $TSLA $COIN $HOOD ๐ฐ
I think there's potential for disruption in the fitness industry, primarily by means of software. If it isn't done by then, that's what I'll focus on in a few years. ๐ก๐ค๐ช
#fitness
#tech
Adding to this $COIN play with a lower strike and shorter expiration ๐ฏ
Thesis: we at least test the 0.786 fib retracement line at $243 within the next 2-4 weeks.
Weโre currently around the 0.618 support line with an oversold RSI, and I'm also betting on improving macro
Wow, Iโm such a degenโฆ back in it already ๐คฃ
I got lucky with those $TSLA options earlier this week, so I'm using those profits for some experimentation and fun!
Betting on a $COIN rebound in the short term ๐
The new Robinhood Gold credit card will be WAY better than the Apple CC. The former is 3% cash back on everything. And I think they will have an app that's even better than Appleโs credit card interface, which is already pretty good.
$HOOD $AAPL
โEight months after acquiring credit card startup X1 for $95 million, Robinhood $HOOD announced today the launch of its new Gold Card, with a list of features that could even give Apple Card users envy.โ
@Darkminer71
Do you usually sell weeklies around .18 Delta? I've been doing 30-45 days out around .4 Delta. I've tried a bunch of different durations, but I'm still trying to refine my system ๐ค
IMO top 5
#programming
languages to know/learn today (unordered):
โข JavaScript/TypeScript
โข Python
โข Java
โข Go
โข C
Honorable mentions: Kotlin, Swift, Rust, and R.
@BarbellFi
Iโve been using Robinhood since the early days, and Iโve been loyal to this day ever since ๐ช๐ผ Their pace of innovation is unmatched, and Iโd argue theyโve always been the GOAT. Itโs just that theyโre really pulling away and making it obvious now ๐ฌ $HOOD
Iโm really glad I ended up choosing
@digitalocean
for the web app Iโm currently working on. In particular, Iโm really impressed by their managed Kubernetes. I was prepared for several weeks worth of work to set everything up, but it took less than a day!
@PeterSchiff
Actually, you donโt get it ๐ฌ
Gold is done. Bitcoin is the superior store of value, inflation hedge, and flight to quality asset โ $BTC
#GOLD
#CPI
@amitisinvesting
I'm only adding to $HOOD at these levels. I just don't really see any better risk-reward setups. Max downside is limited to ~20-25% IMO, and I see potential upside of 2-3x by end of 2025.
@stephen_wolfram
I am a relatively new user/adopter of the Wolfram ecosystem, but I'm loving it so far, and this is definitely going to get me more involved!
@RihardJarc
That's true. However, I am starting to worry that Apple is getting too complacent and might lose that status if they don't integrate AI and better/smarter software fast enough.
I've been impressed at how fast $GOOGL has built a rivaling computing ecosystem. They're closing the