@JoeJustice maybe there is a difference between how rural Japanese view the decline versus the Japanese that live in cities
since the effects of population decline are much more noticable in less populated areas
@WestAsianPrince@daaniyaan the amount of money is a proxy for attention/awareness in the tradfi space
tradfi has something like 20 trillion dollars available for buying securities
300 million is like 0.0015% of that amount
@WestAsianPrince@daaniyaan etf and tradfi companies have bought like what? 300 million dollars worth?
that's a tiny amount compared to how much more money could tradfi could potentially allocate to hype
CT: oh wow $HYPE is so consensus. don't you know we are still in a bear market? bitcoin price action is dragging everything down. <stays sidelined>
Tardfi: holy shit how much money does this thing make? wait, its margins are really 99%? the TAM on this thing is insane. <market buys>
$LLY nothing like longing a break out and have price immediately go against you
looking for this to find its footing soon, otherwise I will cut the position
$LLY hitting new all-time highs
the bullish case is straightforward:
-weight loss drugs are a *massive* market
-they are growing revenue and earnings fast
-they have more drugs in development
this is a clear winner in the bio/pharma megatrend
$LLY hitting new all-time highs
the bullish case is straightforward:
-weight loss drugs are a *massive* market
-they are growing revenue and earnings fast
-they have more drugs in development
this is a clear winner in the bio/pharma megatrend
I expect $ZEC to hang out at these levels for a bit
I'll be putting some limit orders below that 643 level to catch any sweeps below support before going higher
only a matter of time before this goes to all time high again
I expect $ZEC to hang out at these levels for a bit
I'll be putting some limit orders below that 643 level to catch any sweeps below support before going higher
only a matter of time before this goes to all time high again
that should do it for this latest $HYPE pump
consolidate here for like a month while the etfs and buybacks chew through all the supply that wants to unload here
once all that supply gets cleared we are clear for another leg up
@SoftServedGummy I've been having decent luck trading metals futures on Robinhood
was able to catch this copper breakout with decent size
have yet to really mess with perps yet
think the idea that we are starting to see a rotation back into crypto has a lot of legs:
-4 year cycle meme completely known to everyone and their mom, which means the market front runs the cycle tops and cycle lows now
-AI completely sucking the attention away from crypto, leading even die hard crypto folks like ansem to hold zero coins
-retail gets completely washed through hyper extractive projects leading to everyone writing off the space
-quantum computing fears helped wash out the last sellers
-genius act got passed cementing stablecoins and the clarity act is about to get passed which gives the green light for all of crypto
as far as risk assets go, crypto is arguably the only thing that is "undervalued":
-houses are still stupid expensive
-stocks pumping to ATHs every other day
-precious metals went through a huge parabolic move beginning of this year
once the smart money starts bidding up crypto, price reflexivity kicks in and starts an uptrend
imo primary use case of crypto still relevant
it serves as a non-soverign digital means of payment and store of value
fiscal situation of governments world wide is continuing to deteriorate, and at the same time populism is rising in these same countries
people will seek an off ramp to the current system to protect their wealth from inflation and confiscation