I think one of the most useful heuristics from poker that’s transferrable to trading is the principle that yes, he can just always have it
>oh surely he’s bluffing this time
>>nope, coolered again
Sometimes market moves in one direction for a while and maybe you keep betting against it, convinced that surely it has to turn around this time, that you were just a little bit too early
>>>nope, it can always keep going
Everything in poker and trading seems to just converge into bankroll management at some point
Binance has 144bn of assets under custody, with USDT and USDC frozen the total loss now is around ~1bn, which is only 0.69% of their total assets under custody
They'll cover it from balance sheet easily
Oh cryptos not actually all a scam?
$80,000 might actually be too cheap for one bitcoin
In fact, wouldn’t it make sense to go to new all time highs now?
Most insane news announcement in crypto ever followed immediately by
>tech stocks nuking
>>war reigniting in Ukraine and Iran
>>>binance hack
Very cool
Oh cryptos not actually all a scam?
$80,000 might actually be too cheap for one bitcoin
In fact, wouldn’t it make sense to go to new all time highs now?