@ProfFeynman Life is energy. You are energy. The more you focus your attention/energy on something the more it will come fruition. The more you focus this energy with love, compassion, empathy which is the highest energy, the quicker it will come to fruition while bringing you happiness.
@GoshawkTrades It's called insider trading...thats what the calls are. I worked at a hedgie, its pretty much all insider trading to be honest, although they call it "informational arbitrage"
True but also but the experienced here are traders + investors. You trade what the market gives. To ignore easier trades that are in exponential growth curves to watch/trade an asset that is in its 1 year bear market would be silly. That means you are solely an investor. Not a trader. If you make your living from this then you need to be both. Crypto/btc will have its time. This just isn’t it. To tell people to sit on the sidelines and acquire a consolidating/negative growth asset as the “smart move” is somewhat misleading especially when we are in an opportunity that comes around once every 1-2 decades in a fundamental, world changing technology shift. It would be like telling people to ignore crypto in the beginning, when the stock market was dragging along.
True but also but the experienced here are traders + investors. You trade what the market gives. To ignore easier trades that are in exponential growth curves to watch/trade an asset that is in its 1 year bear market would be silly. That means you are solely an investor. Not a trader. If you make your living from this then you need to be both. Crypto/btc will have its time. This just isn’t it. To tell people to sit on the sidelines and acquire a consolidating/negative growth asset as the “smart move” is somewhat misleading especially when we are in an opportunity that comes around once every 1-2 decades in a fundamental, world changing technology shift. It would be like telling people to ignore crypto in the beginning, when the stock market was dragging along.
@GoshawkTrades It's called insider trading...thats what the calls are. I worked at a hedgie, its pretty much all insider trading to be honest, although they call it "informational arbitrage"
They don’t own it outright but they didn’t buy it on margin. They took long term, low interest loans to buy the BTC. So they need money to debt service the loans, & also to pay dividends (another way they raised money). So while the price of BTC would have to stay below 50k or so for years (not likely), the risk isn’t zero. But a collapse isn’t near either. 1 year bear markets based on the 4 yr cycle would definitely considered when giving Saylor the loans as well.
Life very closely mirrors Trading. Both are dominated by time & perspective.
These are important things to consider in your life. Your "perspective" dominates what you see. If you don't have a belief that there is a higher plan for your life, that is completely organized & ultimately positive, then you will live day to day & see life as a RANDOM series of events. You will wander around aimlessly & because of your perspective, this is what you will see. You will analyze every micro daily event as "good or bad". This is just like trading. If you look at the 5 minute chart of an asset it will look random & chaotic. Zoom out a longer time frame chart & you will start to see "cycles" & that chaos now looks ordered.
If you find yourself in this place, then you need to shift your perspective to a higher timeframe (zoom out from daily to 2-5 yrs). Now again analyze your life & see if those small daily events matter? Now zoom out again to 10 yrs. Think about events that you thought would end you, & now see how they helped you & made you better. Look at the cycle of your life. The peaks & the valleys. Does it still look random & chaotic? Maybe there is possibly a plan for you without you even knowing?
Time & perspective change everything. If you are having a bad day, just zoom out & see is it a bad week/month? Bad year? Bad 5-10 yrs? If so then you are in a downward trend due to life choices & change is needed. The easiest way to do this is establish what you want, & what you are willing to sacrifice to get it. You HAVE to sacrifice something to change & thrive. It's just the way energy works. You can't keep things the same & expect change.
Play with your with this mental model & see if it doesn't help you. There is a plan for you, I assure you. You just need to take the blinders off & have the correct perspective. You got this 👍👏👌
@seer_xyz This will undoubtedly garner some hate, further exposing the absurdity of our current predicament. Crazier take, if you take glp-1’s or peptides to lose weight, you probably (high correlation) are also a terrible trader 🤔🫣
Depends on your age. I have done both. From Miami originally and lived in NYC in my 20s/early 30s & now live in LA full time. I’m biased but that’s the way I would do it. Nothing beats NYC when you are young, but I wouldn’t want to live there full time now, especially once your friend group starts settling down & starting families. LA on a daily basis year round is amazing.
@TritonTrades Yea twice today, price was going up and then it just flashed immediately a 40-50 pt down candle. Like just appeared already with the wick and retrace. Wild.
Money is just a way to quantify energy. Just follow the energy (literally + human energy) you can generally beat the market if you aren’t greedy. Gotta stay in long enough for reality to catch up with technology. Where most miss the trades. Too early or late trying to time it. Options are wrecking the average investor.