Fed deliberations over how much more to raise rates will hinge on how much they expect the economy to slow.
I.E. how long are the policy lags?
“We're in a different world... The last several cycles haven’t had pandemics and land wars in Europe in them.” https://t.co/Sfp81wY87L
A few of my favorite charts from 2022.
Gotta start with t-bills at 4.75%. Savers aren't being punished anymore.
PS - ditch your "high yield" savings account paying 3-4% and buy the bills yourself. They're effectively charging you 1-2%.
ChatGPT from @OpenAI and its competitors will disrupt online search and accelerate adoption of #Bitcoin and Lightning, in the process creating millions of "AI educator" jobs, many of which will be in the global south.
Here's why:
THREAD
1/5
https://t.co/kEqEMd80r8
Genuinely think a lot of rugpulls in crypto are because this is the 'one shot' for the team to 'make it'.
Some of these founders will never see 7 figs IRL even if they work for a decade; what do you expect when you hand them 8 figs overnight?
Yield curves are basically inverted in:
- US
- Canada
- UK
- Germany
- Australia
- New Zealand
- South Korea
Such a decisive global monetary policy tightening effort is truly impressive.
And no, I don't think a soft landing is consistent with it.
We went round and round on the potential base that $BTSUSD is tracing out. I got the feeling that there was a lot of missing TA knowledge that could help understanding. Try this lovely paper by the late, great Jim Forte.
https://t.co/X14JLsXdKP
Understanding the strength of candlesticks could help you in deciding when to open or close a trade.
Here’s a look at the strength of some bullish and bearish candlesticks.
Price-based trade invalidation is only one form of risk management
A lot of trade ideas have a time component for validity
Momentum setups, trapped trader setups etc. work best when there’s urgency
“If I’m right, how quickly should this unfold?” is a useful heuristic
#Bitcoin miners are really capitulating! WHY?!
#BTC's Difficulty follows #miners’ behavior and the hashrate’s latest movements and readjusts based on how many miners currently have their machines plugged in. Generally, when they’re more active miners, the difficulty adjustment👇🏽
After you've experienced one cycle, you will understand that there is literally no project to fall in love with.
When #altcoins aren't primed, I don't hodl. That also goes for #Bitcoin near top.
Smartmoney needs u to get emotional. They even got @CathieDWood, stay smart.