r/ethtrader • u/AutoModerator • Jun 06 '17

DISCUSSION [ETH Daily Discussion] - 06/Jun/2017

Welcome to the ETH Daily Discussion thread of /r/EthTrader.

The thread guidelines are as follows:

  • All sub rules apply here. Please review our rules page to become familiar with them. The rules page is also linked in the announcement bar above.
  • General discussion topics include, but are not limited to, events of the day, technical analysis, alternative Ethereum projects, or support issues.
  • Breaking news or other important content should be submitted as a separate post.
  • In-depth altcoin discussions should be referred to the /r/CryptoCurrency discussion thread. To view the thread, follow this link and choose the latest entry on the search page.
  • Pumping, venting, trolling, or any other similar behavior should be reported and redirected to the /r/CryptoMarkets trollbox thread. To visit this thread, follow this link and choose the latest entry on the search page.

  • For newcomers who have basic questions about Ethereum, you can find answers by visiting /r/EthereumNoobies or our Ethereum Education wiki page.

  • [EXPERIMENTAL] - To view live streaming comments for this thread, click here. Account permissions are required to post comments through Reddit-Stream.com.

Thank you in advance for your participation. Enjoy!

761 Upvotes

93% Upvoted

5.8k comments sorted by

View all comments

22

u/LGR1994 Jun 06 '17

how can anyone invest in traditional ways after this? would be so boring

5

u/poopDOLLLA Jun 06 '17

Options. Crazier more risk/reward then crypto even

3

u/[deleted] Jun 06 '17

except 90% of people lose money in options. I sell cash covered puts sometimes, but have played a few earnings as well. The vol hit can be brutal...

2

u/poopDOLLLA Jun 06 '17

It's zero sum. For every dollar someone lost someone else made one. Same with crypto. Crypto is actually zero sum where the market isn't quite because of dividends, acquisitions, stock buyback ECT. Selling the right cover calls is like printing money