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Be Peter Schiff
> Buy $100K of gold
> Hodl for 10 years
> Lose $80K because your gold has no yield
GLDY has 3.5% yield, no annual fees, and is accessible 24/7
Where does the yield come from?
Streamex leases gold to manufacturers; interest is paid back in gold
While I’d love to see a bullish scenario play out for crypto, the U.S. markets right now look like they’re on the edge of a potential waterfall move. If that happens, don’t expect crypto or other risk assets to be spared. When sentiment shifts, it can go from bad to worse very quickly.
Could it hold? Sure. If it does, no problem. But technically speaking, price is sitting below the major moving averages on both the NAS100 and the S&P 500. That’s not exactly a position of strength.
Important Note: I'd be happy to be wrong and my bias invalidated which is if price returns to 26k.
For now, aside from my long-term LP positions, most of what I’m holding is cash.
I’ve already given back a huge chunk of profits from this cycle. It’s not easy to admit that, but it’s real and I'm hurting. And as this bear market progresses, things might get tougher before they get better. Still, remember this: markets don’t move in straight lines. Even in downtrends, opportunities show up for those who are patient and prepared.
I don’t know who needs to hear this, but if you’re hurting right now because of losses, you’re not alone. What matters now is how you respond. Your preparation, your discipline, and your commitment will determine whether you survive and eventually thrive in this industry.
Stay in cash if you need to. Protect your capital. Persevere. Be strong and courageous. And for me personally, that also means staying grounded in faith and seeking God through it all.
Volatility isn’t done. Hard times are part of the journey. But if you endure, the habits you built, the systems you refined, the sacrifices you made they won’t be wasted. At the right time, they’ll pay off.
This is the baptism of fire every trader goes through at some point. It reveals what you’re made of -- wood that burns under pressure, or gold that gets refined by it.
Be gold.
Stay safe fam.
@OndoFinance@solana Legit question: what will happen to these on chain stocks if let's say dividends happen or if there's a sudden stock split?
Will our onchain stocks also adjust in shares and receive dividends?
@FabianoSolana Legit question: what will happen to these on chain stocks if let's say dividends happen or if there's a sudden stock split?
Will our onchain stocks also adjust in shares and receive dividends?