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Bitcoin and Mungers Rule.
One has to wonder about the “AI is sucking up all the capital” narrative when nearly 8 trillion dollars still sits in money market funds earning a risk‑free yield, while fiat money loses something on the order of 8% of its purchasing power per year. In a market that noisy, the 200‑week Munger Rule is less a tactic than an x‑ray of who actually believes in compounding.
Buy at the upward sloping 200-week moving average.
Yes buy when there is blood in the streets.
But emotions get in the way.
The 200 week MA.
It marks the point where price has already done the damage and narrative has followed it down, where momentum, flows and sentiment have all turned against you, and where long-term value quietly reasserts itself. Narrative follows price.
When you should buy, you will not want to. The same is true of selling ( yes sell parabolic moves).
The excess return is therefore not informational. It is behavioural.
Most investors cannot do it. Emotions get in the way, simple human aversion to loss turn volatility into something to be avoided rather than harvested.
I call it the Munger Rule.
Have a nice day.
"Bitcoin isn't backed by anything."
Let me stop you right there.
Bitcoin is backed by energy. Real energy. Kilowatts. Heat. Physics.
The kind of backing you can't print, fake, or vote into existence at an emergency Fed meeting.
Every block mined is a thermodynamic proof of work. Not a promise. Not a policy. Proof.
The issuance schedule has never been amended by a committee. Not once. Not ever. Because there is no committee.
There's just math. Cold, indifferent, and immune to political theater.
The network is secured by more raw computing power than anything humanity has ever built. Hundreds of exahashes per second standing guard. Every single day.
Now let's talk about what is backed by nothing.
The dollar.
It's is backed by confidence. Specifically, confidence in the institution that printed $6 trillion in two years while telling you 3% inflation was healthy and you should be grateful for the soft landing.
In the same people who can't pass an audit.
Who fund wars with a credit card.
Who promise solvency while sitting on $39 trillion in debt and accelerating.
"Backed by nothing" isn't an attack on Bitcoin.
It's a confession about the dollar.
Follow if you're serious about building wealth they can't print away.
Good morning.
If you are selling Bitcoin this morning because Strategy sold .004% (1/26,367th) of their holdings, then you do not understand tax harvesting and/or simple corporate finance.
Have a great day.
The easiest $2k you could make this week?!
Swatch x AP Royal Pop's release is expected on May 16 (likely limited to 2 watches p/p)
Resale prices could instantly go 4x in the first few days
- Buying: 2 × $400 = $800
- Selling: 2 × $1,600 = $3,200
- Potential profit: +$2,400
@_A_khalifa I absolutely agree. As a British person I would rather my children grew up in the UAE than Europe. It is much safer.
Europe is being destroyed by suicidal empathy and the hard left who support or are complicit to terrorist organisations.
In about a month #Bitcoin will enter 4yr cycle low territory (Q4). The low could come early or late. It is of note that the bear market downtrends have been shorter in each cycle. Possible the low could come early.
Gun to head the low should come November. This will be a gift🙏