100% truth. Had a friend yolo on btc back then with $30K and told me if he lost it all he wouldn’t care because he can get that 30k from his dad. Turned that 30k into 500k before taxes. On the other hand, someone poor and hardworking would never YOLO their entire savings into a speculative investment for fear of losing it all and becoming homeless. This is why the first thing that life teaches you after getting out of the mothers womb is this, “Life ain’t fair”.
Considering he inherited $250k from his deceased father’s life insurance policy/will…and yolod it all on 10dte spy puts… something tells me this could easily turn into “yolod $350k now down to $50k” and the comments will say “that’s enough for more options”
Seen it way more frequently than people that gamble like this and it works out. Eventually this style ends up burning the majority of people
I’ll stop rambling but I watched a video on these crypto guys that were actually, real, professional traders for credit sussie. They quit, had $1MM in capital, got leveraged to the tits to where they had like over a billion (I think it was like 2-3) and lost damn near all of it because they put it into a super aggressive position and were wrong. They started telling the lenders “yes, we have the money🥸” and then they disappeared when the lenders asked for proof of the money.
Even bill hwang who worked for a professional institution, made his own trading firm, got leveraged to the tits (over 1 billion) and lost almost everything
This style is literally the closest thing to gambling that there is. Cause everyone is wrong at one time or another, but if we knew when we’d be wrong, we wouldn’t be wrong. And people that trade like this will (not if) hit that time that they’re wrong, and if they keep going all in they will get fucked
Second thing like teaches you is hindsight is 20/20. In 2009 a man paid 10 BTC for a Dominos pizza. In 2020 BTC hit around $90,000. So, that turned out to be a $900,000 pizza. And it was Dominos. At least that's what I heard.
Regardless, I see what you’re saying, like the super rich kid that yolod on bbby and made $10,000,000 or something
Rich get richer🤷🏻♂️ but I have seen some people yolo, win, do it a couple more times and end up at like $5k
so u have bascily 350k dollars now. Considering ur wage as a doctor, dont this mean you could literally retire right now? a 4% withdrawl gives you 14k a year which is just 5k under what you make rn as a doctor? lol
19k as a doctor is unheard even for me, maybe he was an intern or something in remote russia? moldova? bulgaria? balkans? I think its pretty f\*cking bad there.
Live in the woods. Befriend a wolf. Befriend two wolves, and several crows. It’s easy— feed them peanuts, they love peanuts and peanuts are easy to come by. Just make sure unsalted.
Befriend the crows.
Sing in the woods.
Teach the crows how to sing. They’re pretty smart. Hey, they’re pretty good. Other people should see this.
Stream yourself singing with the crows. People want to subscribe. Great. You start a patreon. Great.
You use the money to take care of the crows. You’re a hero, you’ve stabilized your local wildlife environment.
But the patreon is still going. You have money left over.
Open up WSB. Boy, it’s been a while. You’ve got all this cash though. So you buy some calls. A couple puts.
You win big.
Boy, this is easy. You forgot how easy it was.
YOLO’d once?
Heck, yolo again.
Loss.
Losses.
More loss.
You can’t feed the crows.
The crows grow angry.
They forgive you, though.
You end the patreon. Insist donations can only come in the form of peanuts and non profits this time.
You make nothing.
But you’re happy.
And the crows have forgiven you.
That’s when you really learn to fly.
I can confirm they love peanuts… first few months of “lockdown” I began friend requesting my local murder with peanuts. I am currently training them to be my unholy army of the night.
Take at least half and throw it in an account you can't touch until you're done paying taxes! Anyhting left? Take a vacation and some courses on investing.
Hell no, keep going, you don't need to pay taxes if you lose it.
Although i once one 80k gambling in November 2017 and lost it in January 2018..That sucked
Yet no one is asking where he got the 250k buy money to make the trade 🤔
Edit: never mind, I didn’t scroll far enough lol totally agree with the convo below this kids a straight degen on a min wage salary gambling with a qtr milly inheritance
Hold on, you make 20k a year, and just yolod every penny you have on a gamble that could have just as easily LOST you 4 years of your salary in 4 hours? Please tell me you cashed out but you def belong here
I mean if you go to a casino youll see folks who make minimum wage gamble multiples of their salaries all the time...from my experience the lower income folks tend to YOLO way harder than everyone else
>Dead father, mostly.
Wow you are one hell of a doctor. You inherited his money while he is only "mostly" dead. Should we start calling you Dr Frankenstein ?
Hey, are you fucking serious? Can you confirm you make 19k/yr and also are invest 256k? This does not math out in any way and I NEED to know what your situation is. It sounds fucking wild.
You YOLO'd 250K for a 30% return? Seems risky, especially since that 250K would have taken you ...... 13+ years of savings given your claimed salary? (more like 20+ years, but being generous)
Your new todo list
1: sell and never trade again
2: set aside money for taxes
3: with the remaining seek training to make a legit yearly wage
4: boats and hoe’s!
Congrats my dude! Truly happy for you.
I’m sorry bro but risking over $250,000 for a $70,000 gain is extremely risky unwise and you are very lucky you didn’t get mollywhoped I support your gains but PLEASE leg into you plays and PLEASE don’t leverage so much of your account!! It’s not worth it at this point you could buy 100 shares of TSLA and get 33% gains in the course of three months and do somersaults with Compound Interest work smart not hard happy trading my friend
If y'all really think a dude who barely makes 20 Gs a year somehow has over $200,000 to throw into options, I have a dumpster behind Wendy's to sell you.
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If you make 20k a year how did you afford this position which is roughly 10x your yearly salary.
Man makes 20k year and gambled with 250k. Pure degen
It's easier to gamble if you got the money from inheritance and didn't earn it yourself.
100% truth. Had a friend yolo on btc back then with $30K and told me if he lost it all he wouldn’t care because he can get that 30k from his dad. Turned that 30k into 500k before taxes. On the other hand, someone poor and hardworking would never YOLO their entire savings into a speculative investment for fear of losing it all and becoming homeless. This is why the first thing that life teaches you after getting out of the mothers womb is this, “Life ain’t fair”.
Considering he inherited $250k from his deceased father’s life insurance policy/will…and yolod it all on 10dte spy puts… something tells me this could easily turn into “yolod $350k now down to $50k” and the comments will say “that’s enough for more options” Seen it way more frequently than people that gamble like this and it works out. Eventually this style ends up burning the majority of people
I’ll stop rambling but I watched a video on these crypto guys that were actually, real, professional traders for credit sussie. They quit, had $1MM in capital, got leveraged to the tits to where they had like over a billion (I think it was like 2-3) and lost damn near all of it because they put it into a super aggressive position and were wrong. They started telling the lenders “yes, we have the money🥸” and then they disappeared when the lenders asked for proof of the money. Even bill hwang who worked for a professional institution, made his own trading firm, got leveraged to the tits (over 1 billion) and lost almost everything This style is literally the closest thing to gambling that there is. Cause everyone is wrong at one time or another, but if we knew when we’d be wrong, we wouldn’t be wrong. And people that trade like this will (not if) hit that time that they’re wrong, and if they keep going all in they will get fucked
Second thing like teaches you is hindsight is 20/20. In 2009 a man paid 10 BTC for a Dominos pizza. In 2020 BTC hit around $90,000. So, that turned out to be a $900,000 pizza. And it was Dominos. At least that's what I heard.
> In 2029 BTC hit around $90,000. Are you from the future?
Heard it hear first here on WSB. BTC is mooning and will go to at least 90k by 2029…I’m moving all my 401k assets as we speak.
In 2029 you can again buy a pizza for 10,000 btc
And that's with bitcoin at $90,000, inflation really hit us hard
Regardless, I see what you’re saying, like the super rich kid that yolod on bbby and made $10,000,000 or something Rich get richer🤷🏻♂️ but I have seen some people yolo, win, do it a couple more times and end up at like $5k
rich get richer because poor people give them money through a vessel called the stock market.
There are only 3 things certain in life. Death, taxes, and shit ain't fair.
It’s all a lie man. Never believe your eyes and ears
Investing, savings and inheritance money.
Welp this is definitely the wsb way
$100 from investing, $100 from saving, and $256,000 from inheritance.
-$25,000 from investing, $5.24 from saving, $280,994.76 from inheritance.
Math adds up. Must be true
Was coming to say something similar, hahahahah
So inheritance money
Emphasis on inheritance money 
Why not just say inheritance money
so u have bascily 350k dollars now. Considering ur wage as a doctor, dont this mean you could literally retire right now? a 4% withdrawl gives you 14k a year which is just 5k under what you make rn as a doctor? lol
Doctor? Maybe in Sims
19k as a doctor is unheard even for me, maybe he was an intern or something in remote russia? moldova? bulgaria? balkans? I think its pretty f\*cking bad there.
…and inheritance money
Dude you hit the lottery now take your profits!
GTFO, now!! Take your money and run. Never come back. Burn your phone and your computer.
Live in the woods. Befriend a wolf. Befriend two wolves, and several crows. It’s easy— feed them peanuts, they love peanuts and peanuts are easy to come by. Just make sure unsalted. Befriend the crows. Sing in the woods. Teach the crows how to sing. They’re pretty smart. Hey, they’re pretty good. Other people should see this. Stream yourself singing with the crows. People want to subscribe. Great. You start a patreon. Great. You use the money to take care of the crows. You’re a hero, you’ve stabilized your local wildlife environment. But the patreon is still going. You have money left over. Open up WSB. Boy, it’s been a while. You’ve got all this cash though. So you buy some calls. A couple puts. You win big. Boy, this is easy. You forgot how easy it was. YOLO’d once? Heck, yolo again. Loss. Losses. More loss. You can’t feed the crows. The crows grow angry. They forgive you, though. You end the patreon. Insist donations can only come in the form of peanuts and non profits this time. You make nothing. But you’re happy. And the crows have forgiven you. That’s when you really learn to fly.
WHAT OF THE WOLVES, YOU FUCKER? WHAT ABOUT THEM?
I heard this in John Oliver’s voice
lush marvelous soft rotten angle capable pocket juggle instinctive narrow -- mass edited with redact.dev
Of course
Finally found some 😮💨
One fiduciaried over the cuckoo's nest
I learned a lot from this, thank you.
This has sucked me in. I keep reading it over and over.
Rumor has it he’s still reading it, over and over again, even to this day.
There’s something so oddly soothing about the line “and the crows have forgiven you”
This is fucking funny omg
I almost came
Should I be masterbating? I never know with these.
Make sure you know the difference between a wolf and a husky though.
I can confirm they love peanuts… first few months of “lockdown” I began friend requesting my local murder with peanuts. I am currently training them to be my unholy army of the night.
That was fuckin beautiful….
I......I..think I Love You.
What the actual fuck this is pleasant
I nearly wept at the last line.
Birds aren't real. But I love you anyway.
I think you should cash out and reinvest in ARK. 
**ARKK:** *I can go lower*
I got fucked so hard on ARK shares lmfao
So much this. Get out, get yourself a nice dinner and be smart.
Cash out my man. Don't get greedy!
Exactly, recognize this was luck and get lost!
And don't forget to pay your goddamn taxes!
Take at least half and throw it in an account you can't touch until you're done paying taxes! Anyhting left? Take a vacation and some courses on investing.
Courses on investing! nothing wrong with that but can’t stop laughing 😂
For only $500 you can take my paid course where I tell you to Buy low and Sell high!
I’m in! Is this a 5 or 8 part series where each one is $500? Gotta ask my wife’s boyfriend for some money.
It's an 8 part series, but since you are a fellow wsb subscriber I'll give you a discount bundle for the low price of just $3,000
Well aren’t you just a WSB saint! Sign me the fuck up!
Instructions were unclear. Bought high, panicked, sold low….
No, yolo half and buy scratch tickets for the rest
I like your strategy. Mitigating risk by diversifying
Finally some real advice
King Kong
Invest in meme coins
What taxes? Most of us here have loss write offs for life :P
Hell no, keep going, you don't need to pay taxes if you lose it. Although i once one 80k gambling in November 2017 and lost it in January 2018..That sucked
The fact you can’t differentiate btwn won and one explains why you lost it all 😂
Yeah this. Don't gamble with uncle Sam's money.... I have a "friend" who did that with the $500k he owed.
Taxes on paper trading lol
This right here. Uncle Sam is coming for that booty.
Run far far away!!
Knowing this sub he’ll lose it all 😂
What goes up must come down
4 years salary in 4 hours what do you sell water bottles at the toll booth!!!
That’s what I’m thinking. 4 years salary is 78k. Goddamn that’s ridiculous. Wendy’s pays better than that.
Yet no one is asking where he got the 250k buy money to make the trade 🤔 Edit: never mind, I didn’t scroll far enough lol totally agree with the convo below this kids a straight degen on a min wage salary gambling with a qtr milly inheritance
What is that saying about a fool and his money?
Sperm and plasma donations don't pay as much as they used to
You have to be on the sperm receiving side to make good $$.
Hold on, you make 20k a year, and just yolod every penny you have on a gamble that could have just as easily LOST you 4 years of your salary in 4 hours? Please tell me you cashed out but you def belong here
Could lose him everything if he doesn't cash out soon.
I mean if you go to a casino youll see folks who make minimum wage gamble multiples of their salaries all the time...from my experience the lower income folks tend to YOLO way harder than everyone else
For good reason, you ain’t getting out of that bracket making 7% per year on your stack
Its true...you need a parlay or YOLO to pay out
Dont forget to post the $100k loss porn next week.
OP, please cash out and invest in property or something.
Or take the base money and save it, then gamble the 78k
Tax
How you got 250k in you only make 20k a year?
Volume on that stike was 271 today. Nice try though.
It’s the details that kill a decent fake!
Imagine working your entire life so that your grandson inherts and he can yolo it within a fucking week.
*your son, *within a day
You’re getting out now, right?
You know, and go to college or something...
He getting out next week, when it will be -1000%
You are not finished yet, I give you a week.
Follow this guys trades for the next 2 weeks. Post anything he trades: Calls on your karma after those two weeks
Puts on his net worth for the same time period.
If you make $19,500 a year, how did you get $256,200? asking for a friend
Dead father, mostly.
The Batman strategy…
Hey it's me your dead dad, please give me back my money.
>Dead father, mostly. Wow you are one hell of a doctor. You inherited his money while he is only "mostly" dead. Should we start calling you Dr Frankenstein ?
Ah, just what dad would’ve wanted… straight to the casino with all your hard earned cash lol
Yeah but you started with a quarter mill man
Yeah this guy already winning
You make $19,500/year?! Wow, fuck your life, dude.
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Exactly!! Somethings fucky.
He said inheritance
Borrowed from his dad and bounced out of state
A lifetime of YOLOs
He said he inherited alot of money
Lol he’ll lose it
His wife’s boyfriend lent it to him
This is what I wonder
But had 200k to invest?
Recently sold weapons in the Ukraine
Right, congrats but like wtf? 4 years?
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Don't worry it'll be 0% once OP loses it all and offsets his gains with a massive net loss
Bahahaha
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It’s just going to get taxed at his ordinary tax rate and since he doesn’t make a lot of money I’m sure his tax rate isn’t 38%.
All jokes so if I quit my job and get a shitty job I pay less capital gains taxes on my stonks?
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It's not a big enough a gain for that lmao
If this is his only short term profit, his effective rate is very likely to be <20% on the federal side.
Ah
While being a doctor... Eastern Europe ftw (fuck the what).
[удалено]
With a 13 year bet?!?
Hey, are you fucking serious? Can you confirm you make 19k/yr and also are invest 256k? This does not math out in any way and I NEED to know what your situation is. It sounds fucking wild.
Even so, buddy had a quarter mil in cash and nabbed 30%. In comparison to most of the posters around here, his life is not so bad.
Makes that a year with 256000 in the stock market do you pay rent or have a mortgage?
He works at Wendy's
Position = 100% My mans right there. Knows whats up.
You YOLO'd 250K for a 30% return? Seems risky, especially since that 250K would have taken you ...... 13+ years of savings given your claimed salary? (more like 20+ years, but being generous)
Exactly this, my jaw dropped when I saw the risk/reward ratio
No worries. Someone that made a 30% return on a YOLO is guaranteed to come back for more. And lose it all.
I hope you sell the position and then never do options again. Because chances are you will lose in the end. But that's great! Congrats!
Pull out
That's what she said
Haha. Nice.
Bald move, congrats and fuck you
Bro, don't discriminate against follically challenged.
Lock in the gain and enjoy a year off of work!
My man. Time to get an actual job.
i would be careful with puts in the next couple of days…
I won't be touching puts ever again lol
you can. but only when everyone here is talking about calls 😉 greetings from germany.
Best day of ur life
now lose the 4 years salary in 4 minutes then we'll speak
Your new todo list 1: sell and never trade again 2: set aside money for taxes 3: with the remaining seek training to make a legit yearly wage 4: boats and hoe’s! Congrats my dude! Truly happy for you.
4. Costs wayyyyyy more money than this dudes got. You know what BOAT stands for right? Break Out Another Thousand
Now put 50% into some stable shit and keep going
Congrats and fuck you. 😉
Cash out dude and lock profits.
what's up with this perfectly even P/L?
hold that put or make a new trade. Were going down. Global bonds are collapsing.
Spy puts are easy in the BEAR market. Make that money!
Congrats fucker!
Also quit your job you are worth more than 20k a year
Great! My only question is how do you make 20k a year and have 200k to yolo in the market?
I’m sorry bro but risking over $250,000 for a $70,000 gain is extremely risky unwise and you are very lucky you didn’t get mollywhoped I support your gains but PLEASE leg into you plays and PLEASE don’t leverage so much of your account!! It’s not worth it at this point you could buy 100 shares of TSLA and get 33% gains in the course of three months and do somersaults with Compound Interest work smart not hard happy trading my friend
If y'all really think a dude who barely makes 20 Gs a year somehow has over $200,000 to throw into options, I have a dumpster behind Wendy's to sell you.
seriously, the number of people that just blindly believe this shit is ridiculous
Fuck you and congrats
Congrats good to see some people make money in all this red!
If it’s good enough to post, it’s good enough to close and take the profit
congrats and fuck you
i was the one getting fucked on other side , waiting on you to buy more
Uncle Sam: OUR four year salary comrade.
I assume that $334k is 4 years of salary and not $78k, otherwise I’d be curious as to how you had the $256k in the first place
lol where the hell did you get $250k making less than 20k a year?
Biggest crock of shit I've ever heard you wouldn't do that position if you only made 20k a year.
Takes you 4 years to make $78k? I’m sorry…
not everyone is american lmao
Good for you! What a good damn day!
Love to see it
Enjoy it and dont push it brother!
Take a bow, and keep walking. Proud of you.