@HighYieldHustle BOOMER was so triggered by @DavidANicholas $BLOX he went out of his way to make a video with nothing but uneducated opinion and name-calling because he couldn’t win argument with semantics.
Unfortunately, for him, facts are stronger than silly opinions.
Guys he likes eating crow
@brockhoff1@Mandrakeys@DavidANicholas And the rest of my post…
Continuing to argue a point you’ve lost several times is foolish is it not?
Take the educated loss and move on.
Don’t let your ego dictate your learning ability.
Cheers M8.
@brockhoff1@Mandrakeys@DavidANicholas It has already been explained to you but you somehow figure it makes sense to argue a point you’ve been proven wrong several times on now so why would i entertain an attempt to educate you?
As I’ve said before, if you’re that worried/concerned or uneducated on $BLOX just sell.
I really don’t understand what point you’re trying to make with all of this.
You clearly cherry-pick the timeframes you use in the charts to make one fund look better than another. When you don’t do that, you rely on recency bias and ignore the fund’s overall performance to better suit your narrative.
You also keep bringing up leverage when put credit spreads have clearly defined risk, potentially much lower than funds that are leveraged 1:1 BTC/stocks or BTC/gold. Nothing against those funds, but they’re clearly more leveraged and carry significant risk. And when that comparison doesn’t work, you switch to comparing it with pure BTC plays.
Look, I’m not married to any asset or fund manager. In fact, when $BLOX was released, I was in multiple posts asking the exact same question: “30%+ yield looks insane, but how is this strategy going to perform during the bear market we’re likely to face soon?”
Fast-forward: we got the final push higher and eventually the downturn. In both environments, the data so far shows that the strategy worked: the fund captured a meaningful portion of the upside, reduced the downside, and paid the yield along the way.
That being said, I don’t know if you have something personal against @DavidANicholas or the fund itself, but the arguments you’re making and especially the specific windows you’re choosing to support them are coming across as extremely biased. It doesn’t look like an objective search for “the truth” or an attempt to protect investors when you selectively use the data that supports your argument while ignoring data that doesn’t, or use even more leveraged funds as the “standard” for what a good fund should look like.
If the goal is genuinely to evaluate the fund objectively, then use consistent timeframes, comparable strategies, and the same risk-adjusted criteria for everyone.
@ArchitectIncome@rpgiles M8 you gota stop. What exactly are you hoping will happen here? That if you complaining enough it will change the fact you’ve been proven wrong or that you simply didn’t have a full understanding of how $BLOX works?
Sell or hold but please stop with the noise.
@Mandrakeys@DavidANicholas@brockhoff1 You really shouldn’t be investing in something if you don’t know how it works 🤦♂️.
If i were you i would probably sell until i understood how the market works.
Educated $BLOX shareholders like myself wont mind. 😊