JMO, crypto mania will end in tears. It’s no different from the tulip mania 500 years ago.
“There is nothing new under the sun. Only the history you don’t know”…….Harry Truman
If I was a trader instead of a Macro guy…I’d of gone into Bit Coin.
I give a pat on the back to those who have and are traders…who are not Macro people…at least in this ahhhhh…let me say unusual asset.
The biggest problem with ‘average’ investors is what Donkey says: GREED.
You have to know your strengths…and play to them…and never, ever, not take a PROFIT because you want more!
I never sell unless there is a profit…and I have never regretted any profit…even though I could have had MOUR/GREED.
Many think crypto is an L shaped ambush for the late masses who will wander down the trail holding it…way too long…I am one.
There is more than one way to skin a snake…or a Bankster.
If you become your own Real Banker (took me many decades) you won’t bite yourself like a three piece suit snake will…you can grow tulips (not invest in them) and have a ‘Bit of Real Coin’…without becoming their serfs.
All the masses of middle class dollar 401k holders are wandering down the trail…right into the Luciferian L shaped ambush. Every stock market trade has two sides…and when they pull the triggers and cut down the rest of the Middle Class Grunts…the BIG CLUB shooters will all be on the market SHORT SIDE.
As the greatest Condemic advances…the Banksters of the greatest transfer of wealth in the history of the world run alongside it laughing.
Anonymous
May 7, 2021 6:36 pm
Everybody knows Dogecoin was a joke, right? Designed to be hyperinflationary?
You mean inflationary, not hyper-inflationary, and the crypto being a joke is the entire point. The US dollar is losing its value rapidly under the Biden Administration and people are willingly buy up Dogecoin. Based off history, hyper-inflation starts roughly a year after the government turns on the printing press. Based off the dismal jobs report we should be seeing hyper-inflation really soon.
A dismal jobs report came out and there was a corresponding spike past resistance in spot gold. A second tell was Janet Yellen telegraphing a possible rise in interest rates to contain this “transitory inflation”, then immediately changing her tune when the comments triggered traders.
The Big Tell will be in bond market yields. Watch for failed auctions as it’s bad news. The inflation is already in motion but it isn’t so obvious to many people – yet.
Dodgycoin would have been a better name.
JMO, crypto mania will end in tears. It’s no different from the tulip mania 500 years ago.
“There is nothing new under the sun. Only the history you don’t know”…….Harry Truman
If I was a trader instead of a Macro guy…I’d of gone into Bit Coin.
I give a pat on the back to those who have and are traders…who are not Macro people…at least in this ahhhhh…let me say unusual asset.
The biggest problem with ‘average’ investors is what Donkey says: GREED.
You have to know your strengths…and play to them…and never, ever, not take a PROFIT because you want more!
I never sell unless there is a profit…and I have never regretted any profit…even though I could have had MOUR/GREED.
Many think crypto is an L shaped ambush for the late masses who will wander down the trail holding it…way too long…I am one.
There is more than one way to skin a snake…or a Bankster.
If you become your own Real Banker (took me many decades) you won’t bite yourself like a three piece suit snake will…you can grow tulips (not invest in them) and have a ‘Bit of Real Coin’…without becoming their serfs.
All the masses of middle class dollar 401k holders are wandering down the trail…right into the Luciferian L shaped ambush. Every stock market trade has two sides…and when they pull the triggers and cut down the rest of the Middle Class Grunts…the BIG CLUB shooters will all be on the market SHORT SIDE.
As the greatest Condemic advances…the Banksters of the greatest transfer of wealth in the history of the world run alongside it laughing.
Everybody knows Dogecoin was a joke, right? Designed to be hyperinflationary?
You mean inflationary, not hyper-inflationary, and the crypto being a joke is the entire point. The US dollar is losing its value rapidly under the Biden Administration and people are willingly buy up Dogecoin. Based off history, hyper-inflation starts roughly a year after the government turns on the printing press. Based off the dismal jobs report we should be seeing hyper-inflation really soon.
A dismal jobs report came out and there was a corresponding spike past resistance in spot gold. A second tell was Janet Yellen telegraphing a possible rise in interest rates to contain this “transitory inflation”, then immediately changing her tune when the comments triggered traders.
The Big Tell will be in bond market yields. Watch for failed auctions as it’s bad news. The inflation is already in motion but it isn’t so obvious to many people – yet.
Dog money….because it has electrolytes.
It’s got what plants* crave!
(*Human vegetables.)
I bought some bitcoin back when it was 500 dollars a coin.
I still feel a lot safer with my gold and silver though. Real money with a 5000 year history.