@andrewneeme Both could be true on different timelines. Fiat heading into long term trouble but short/mid term if everything else corrects as he mentions, then fiat is what you want to hold to profit the most from that opportunity.
@wclemente@KevinSvenson_ Think the top trend line is just not linked to the candle your talking about and chose to start it after the big trend break and not before.
@elonmusk has had a big impact on crypto recently, & because some of his actions have been a bit unconventional, I was inspired to dig in a little deeper to find out what exactly his “end game” is
& what I’ve found does not disappoint.
I’ll compile all of the info below 👇🏻🥐
@Chris_D_Brewer Comparing average returns from both you probably get similar numbers on the whole but with one option you get a paid roof over your head. Don't think that buying is for everyone and somewhat worried of coming years with interest rates so low but gotta watch the whole picture.
@Chris_D_Brewer With interest rates bottoming out that might be true but if you lock in your rate and real estate averages 2% you get 10%-2.5% interest = 7.5% a year + principal that you're repaying so markets really need to get some good years too in order to compete.
@Chris_D_Brewer Agree that most people overlook the whole view but you also have to see that the 2% increase is on 5x leverage and on a year like 2020 where home prices increased somewhere around 8% that's 40% on your 200k.
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So many folks (esp. the media) are missing the complete backstory on $GME and how we got here.
This has been simmering for over a year and the story behind it is great. I’ve been tracking this since September and devoured all of the details from the origin through today.
It dawned on me after listening to this that the Robinhood situation is just like what's explained in The Social Dilemma about social media. Robinhood's clients are the hedge fund buy the trading flows not the users so sadly we just see them please their real clients... Messed up