Riskyassets
Markets hit the gas: Dow Jones at ATH after CPI reportInvestors merely embraced euphoria. I was born in it, molded by it.
Bitcoin went from 1000 to 20,000 during the Trump MILD bull market.
You ain't seen nothing yet. Market was full of skeptics, afraid to go in. That was far from euphoria.
Many of you and myself did not experience real euphoria, the dot-com bubble, we weren't around paying attention, most of us were kids.
Maximum financial opportunity. Maximum financial risk.
The hesitant low Testosterone porn-addicted western herd will go all the way once "it's a sure thing we are going up". At max certainty and max risk.
Big boys & 2 or 3 % of girls don't wait for mamma to reassure them. Seriously. Why would I watch now and go in later?
I go all the way now, well not all in, but start going in and as it rises pyramid in.
When the joyful euphoric herd starts taking debt to go all in at the top, putting everything on the line on the assumption they are not late to the party, as usual, we sell, let them worry about this hot potato. Lost your house? Git gud nob.
They have no one to blame but themselves, why would I pretend to feel sorry for them?
I feel sorry for someone who had an accident, who got hit by something he did not deserve, not for a weirdo that wanted to retire on luck and drive useless gold plated cars.
No mercy. Crushing force.
Humans are not adapted to trading, they have to forget their instincts and function as ambush predators.
Low hit rate, but when the lion, or no not lion they are lazy bums that sleep all day, lioness rather, many preys get away, but once the big cats got a zebra by the balls, oh boy that poor creature is not getting out alive, they will mercilessly rip it to shreds.
If I corner the market I will shred it to pieces.
Keep in mind crypto withdrawals get frozen, trading too, PTJ "the big boys" bought but they paid a big premium for cash settled CME futures not some shady "regulated" exchange.
And billions are stuck:
10% discount!!! Billions are stuck. This will bring Bitcoin to zero.
The S&P/DJI bet is risky, stocks are speculative and a big crash will happen (or the usd crashes), but Bitcoin is max risk so don't be stupid.
And usually I trail my stop, with Bitcoin I'll get out while regular joes are still euphorically buying, yes I'll get out too early, rather than end up with huge paper gains stuck on a broker ran by crooks that ran away. Oh they'll say "you could have made more", they never change. Another solution is Wall Street solution, use CME cash settled futures.
Why do you think they go pay CME premiums? BTC bagholders say "Uh because it is more simple now big boys can access it", these clowns really think multi billion dollars hedge funds cannot figure out how to sign up with Coinbase or Kraken or Binance?
Remember the largest Bitcoin holder is not the twins or Elon Scamusk, the largest BTC holders is a suspicious Hong Kong (China) based shop that got it's millions of BTC with a basis cost of 0.
It's all about getting out before the euphoric mainstream herd. Ultra speculative ultra risky if you don't know what you are doing, don't say I did not warn.