Collecting Pokemon cards reminds me soooo much of collecting NFTs in 2021/2022
- it’s FUN
- prices just go up
- there is absurd speculation
- mainstream media attention
- many people think this is “just the start”
- the term “blue chip investment” lol
Seems like the bubble is gonna pop at some point and it’s a matter of when, not if, but it also seems like there’ll be longevity and the hype will come back again in some way shape or form because unlike with NFTs when every project was trying to be “the next Disney”, Pokemon is, well, maybe not quite the next Disney but it’s still freaking POKEMON
I missed the boat and haven’t really bought any (beyond some packs just to rip for fun) but I’m pretty keen on buying the inevitable dip when it happens
For all I know we could still be months or even a year+ away, but there’s gonna be another crash and i’m gonna be there to buy this time around
I LOVE this overlay of the $SPY Dotcom bubble vs now as it makes it look like we basically have 1 more year of madness before the drop, but given how many more short sellers there are these days it wouldn't surprise me for the blow off top scale to be MUCH more epic aka higher and longer...especially with no PDT Rule and ideally #Bitcoin making new highs...
...so retweet this if you understand that you need to lock in and tell your friends/family to leave you to your studies because you're gonna be busy the next 1-2-3 years or as long as this madness lasts because you REALLY will have the ability to life-changing money in the very short-term
Nearly 1/2 my millionaire https://t.co/ZHoCqK12ez students were created during the Covid bubble, my goal is to create several hundred new millionaires this bubble around -- WILL IT BE YOU?!?!?!
@Globalflows The gambling epidemic is the foreshadowing of what’s to come. So this surge in popularity of prediction markets/sports gambling could be a signal of the weakness of the consumer.
There it is folks:
The 10th and final step of our "Conflict Playbook" is on the horizon and the market is surging as expected.
And now, not only has the AI Revolution rapidly accelerated in the background of this 7-week war, but markets are pricing-in an inflation shock.
Those who sold assets in March are rushing back into the market as quality names have only gotten cheaper on a Forward P/E basis, risk appetite is returning, and the search for yield is back on.
Couple this with one of the largest short squeezes in years, and the S&P 500 has now added nearly +$7 TRILLION in ~3 weeks.
Own assets or be left behind.
The stage is being set for one of the largest melt ups in financial history
Macro liquidity, new tokenization, perps, and further deregulation (2021 type vibes)
All of this will set the stage for a massive bear market
But first, we melt up
BREAKING: President Trump says he believes he can "get a deal with Iran" by Monday and that Iran is "negotiating now."
Trump also says he is considering "blowing everything up" and "taking Iranian oil" if Iran does not make a deal "fast."
@ashrobin I did the same exact thing with Pokémon. Be fearful when others are greedy. Especially since they’re illiquid, who knows what happens if the bottom falls out 😬
We now have:
1. US President with a 100,000 price target on the Dow
2. New Fed Chair who is "required" to cut interest rates
3. $2,000 stimulus checks back in discussion
4. US government buying $200 billion in mortgage bonds
5. New $1.2 trillion funding bill signed into effect
6. Trump saying USD is "doing great" after -10% drop
Own assets or be left behind.
This crazyyyyyyy 15% overnight drop in $SLV and 30% overnight drop now in $AGQ are some of the craziest charts you will ever see...my guess is is we'll find out some big trader and/or hedge fund got blown out of the water the past few days and now there's just not much buying after those shorts covered...obviously very different from penny stocks, but that's what the price action is showing and its just insane to see the https://t.co/oFda0GVcS6 pattern play out here albeit in a very choppy manner, reminds me of when $GME $AMC did the same years ago, it's alllll about hedge fund shorts with too much leverage
Blessed I got to ride kingda ka for the first time a few months ago. I am excited to see what they do with the massive plot of land that Ka/Green Lantern occupied. #LongLiveTheKing