Simple Trader

Simple trader. Crypto commodity. Preferred size: bushel. My opinion is not an advice. I do not have time for what you find convenient.

[Simple Trader @Simplet23563584]

How much has improved since 10/10 infra wise?

[Simple Trader @Simplet23563584]

Crypto propaganda is extremely well oiled.

Taking this aside,

one by one then whole segments of this market might collapse since 10/10 broke the markets back.

Like its '21.

Chips are falling apart in an AI bonanza too. High capex vs free luch makes little sense.

[Simple Trader @Simplet23563584]

@astekz

[Simple Trader @Simplet23563584]

What a surprise after second leg down and Sunday's bounce.

The reaction to the 10/10 event from crypto industry leaders were no surprise at all. All of them are sell side hassle. Nothing more.

[Simple Trader @Simplet23563584]

Full collapse of an illusion.

Weight of tokens transfered at lows are a problem.

Its hard to be constructive short term.

GL

[Simple Trader @Simplet23563584]

China's rare earth:

news and a report hit my desk on Thursday around 10am UTC.

Now, left to my own devices.

[Simple Trader @Simplet23563584]

Binance?

you must be out of your senses to lend them any money at any price or interest (aka trade there)

[Simple Trader @Simplet23563584]

Full collapse of an illusion.

Weight of tokens transfered at lows are a problem.

Its hard to be constructive short term.

GL

[Simple Trader @Simplet23563584]

@yq_acc Thank you for your explanation.

[Simple Trader @Simplet23563584]

@yq_acc Alts accelerated ~UTC 21:16. USDE deppeged 21:20 WBETH 21:43

Their depeg was the effect not an impulse.

[Simple Trader @Simplet23563584]

Most of CT, including industry leaders,

internalize & normalize crime and weak structures daily.

Some do it bluntly, some covered in a quasi philosofical 1st grade concepts souce.

but today,

they will all wish you well and GL.

nothing ever happens.

[Simple Trader @Simplet23563584]

One of many world salad full of bushit.

what happened was nothing short of fundamental failure of core crypto market structure design praised just a day before by those writing all of this nonsense today.

[Jeff Park @dgt10011]

4/ all this means it is imperative to learn where your asymmetric advantages lie more than ever

there will be alternative opps that empower you vs the system. the best you can do is take the loss, resist temptations of evil, and open your third eye to see the world more clearly

[Simple Trader @Simplet23563584]

There are many "things" fundamentally wrong about this.

I hope its their last hurray of this type. Ever.

Its irrelevant but I have not made or lost money this time here.

Its simply very wrong.

Picture unrelated.

[Simple Trader @Simplet23563584]

@AriDavidPaul Strictly TA speaking Ari, there are reasons to be concerned atm. Fully agree on your general trend takes.

[Simple Trader @Simplet23563584]

The fresh, newborn Islamic Republic of Iran, isolated, under gunned, fought nearly 8 years long war with Iraq. Supported by "the west".

I wouldnt call them green shaky rookies. They have proven some solid staying power back then.

But it must be different this time.

[Simple Trader @Simplet23563584]

Regime change by overwhelming firepower.

Fine.

What if they wont? When they simply refuse to give up? Like Ukrainians.

[Simple Trader @Simplet23563584]

@Raph_Bloch @0xG00gly Lesson in there

[Simple Trader @Simplet23563584]

Empty shelfs

[Simple Trader @Simplet23563584]

bet on China wining this fuckup with a pinch of EU was a winning trade.

For US its Nixon 2.0
Why take the risk that one lovely Sun everything might change?

Anyway, since its set and done: TP

[Simple Trader @Simplet23563584]

What a shitshow.
And almost every one jumps like a monkey in an orange circus.

[Tsachy Mishal @CapitalObserver]

He's successfully negotiated against himself