@4adybug No need to apologise for sticking your neck out and having an opinion brother. You're content is concise, factual & opinions rational. A lot more than can be said about 99% of guff on the net.
And macro is always a gamble. Anyone in the arena knows that.
Keep it up G
🥳 Announcement / Give Away 🥳
Announcement: Prophets is opening a new FREE community where we will be putting time and effort into making it a vibrant place. Come get involved. Both are on Facebook and Discord. The Facebook group will be run by the original guys from my original communities, the Crypto for Blokes crew. Back to the roots we go.
Discord: https://t.co/2tf5a3PVE7
Facebook: https://t.co/jB8lBdj3mG
Give Away: I will take someone under my wing, and get them trading to a professional level. They'll also get access to the following:
- Prophets Indicator Suite
- Romans Trading Masterclass
- Data Project (that's currently running)
- Mentored by me in 1:1 setting
The winner of the giveaway will be selected by random on stream. If the winner has some of the above products so far, they'll be able to gift them to someone else - but still take the mentoring etc
May 01 daily close, winner will be selected.
To be eligible for the Give Away, you'll need to help this post gain awareness by liking, retweeting, and commenting with a gif that describes your crypto portfolio.
Get involved. Stop being others exit liquidity, and start stacking sats, like a professional with a plan.
@Luckshuryy Not specifically for the footprint... but running three Spot DOMs side-by-side is a bit taxing on screen real-estate. Wouldn't be too shabby if we could run an aggregated DOM across the major CEX spot books (incl CB).
If we could get both TOB and DOM, even better.
@DaxxTrader Because we export a huge portion of it and policy priotises income over quality of life in this country. Very visible in immigration policy as well...
Constantly chasing it's tail on falling productivty and rising debts.
Lots of bashing of the RBA today after a necessary hike. Gov' policy is where you're frustration should be pointed, not the CB.
Business going bust is a bummer, people losing their jobs is a bummer ... But the real bummer is a Gov that fears looking in the policy mirror.
@Tom__Capital Seems commercials still holding the line in high 0.62's (real MVP's) Iron ore also had a nudge.
Soon, Albo will capitulate on immigration me sniffs, then we get our housing crisis.
It's all coming together.
@michaelcrupto@Tom__Capital These have an impact on the supply demand dynamics of inventory and are generally the causation of the inflation of which you speak. Interest rates have the opposite effect, they drive demand down but do not necessarily stifle new builds.
@michaelcrupto@Tom__Capital I think what Tom's getting at Michael, is Government policy directly impacts housing. More people in > higher demand > higher cost.
Red tape around construction can be a nightmare at both residential and commercial levels > slower release of inventory.
@Tom__Capital Indeed. But part of me wants to believe they aren't intelligent enough to orchestrate such sorcery let alone fix any of the damning policies 😂
@Tom__Capital Neither. But when it destroys quality of life for incumbents, it starts to make less sense and rubs me the wrong way.
Particularly when they masquerade a referendum to avoid far more important conversations like this.
@DaxxTrader@Bluntz_Capital The further down the risk curve you go, the higher the likelihood that the asset will respond before less risky assets to a changing environment. If anything, BTC should act as a leading indicator as investors tend to offload higher beta (or riskier assets first). Sauce unknown