@0x_Uizado @JonTrading7 they can print trillions - if the deflationary forces are strong enough and the USD will not go down
AI/robotics
demographics
unemployment
market crashes
natural disasters
etc etc
the real question we should ask:
what happens if they print trillions + prices don't go up?
I don't have a strong view on crypto or stocks rn but I will say this:
you will not make real money with borrowed conviction
to be a goated investor, YOU need to be the one who tells others what to buy and has iron beliefs in what will come
you must have an edge
do the work
@JonTrading7 after taxes and fees it's almost impossible to beat holding BTC + SPY over a long time horizon
that being said, we haven't experienced a sustained flat period in markets so this may change
ppl forget that between 1968-1982 and 2000-2012 the S&P 500 had negative real returns
@_brandswell i think self awareness is an edge - if you know you are risk averse, building systems to automate entries. If you are risk taking, setting safeguards etc
patience also an enormous edge
temperament on its own not a big thing, how the temperament translates to behavior matters
It is now one year later
And we must all face the eternal question of markets:
βAm I an investor, a trader or a gambler?β
Over a long enough timeline, the money will flow to the people who play the game the best.
Most of us are not special or smart, we're just lucky.
Godspeed my friends
There are three types of investors:
Broke investors
Mid-Tier investors
Rich investors
Broke: buy bad assets, never sell
Mid-Tier: buy good assets, sell too early
Rich: buy good assets, never sell
Buy good shit and don't sell it. Not rocket science.
See u in a year
1. markets will go up for the coming months
2. things will cost more, harder to get jobs
3. increase cash by cutting spending, not investing it
"Something big" = a few yrs of everything increasing in price, not necessarily a crash (but maybe that happens idk).
Doesn't change the never sell great assets idea, just make more $$ and stop investing the $$ you make
There are three types of investors:
Broke investors
Mid-Tier investors
Rich investors
Broke: buy bad assets, never sell
Mid-Tier: buy good assets, sell too early
Rich: buy good assets, never sell
Buy good shit and don't sell it. Not rocket science.
See u in a year