Rascal

Here to unleash my inner 14-year-old.
#Bitcoin

[Andrew D. Huberman, Ph.D. @hubermanlab]

If your dreams are too vivid, drop the theanine. And yes Mag Bisglycinate and Threonate are interchangeable for sleep but Threonate has some additional benefits. Find a brand with 3rd party testing. Oh and apigenin alone does the job for some people. Sweet dreams.

[Bob Loukas 🗽 @BobLoukas]

I've been heavily speculating in the markets (not full time) since 1992. My first trades were before online brokerage, you had to call in for quotes and to place orders. 4% commission in AND out.

I had a great run during the DOT COM era. By 1999, I had a really chunky (for my age) portfolio and thought it was easy. By late 2000, the account was $0. That part was fun, at least. For the next 10 years I was super active, some good runs, some big drawdowns. Overall, nothing exceptional. Just decent.

Then something shifted. The need to speculate faded and that’s when things actually got better.

Once I stopped chasing it, opportunities started coming to me. Not just in trading. As I’ve gotten older and less interested in money itself, seeing opportunity has become clearer. And more than anything, removing that constant need elevated how I experience life.

This isn’t meant to be spiritual (for some it is). But for a lot of people who are active and still underperforming, it’s worth asking what purpose this is really serving.

Most of the time, it’s just a dopamine loop. And for many, it’s closer to an addiction than they would like to admit. And that could be what’s holding you back.

[Ray Dalio @RayDalio]

Explore the beta Digital Ray here: https://t.co/k9lwT2tyPD and please give me feedback to make it better.

[Cheds Trading @BigCheds]

$BTC bullish hopium - compound fulcrum bottom forming on daily

[The Factor Report @PeterLBrandt]

Trading frequency - a commentary from a five decade veteran
I follow about 40 global futures markets
I enter each year figuring that I might three good signals in a given market over the course of 12 months -- maybe four. That's it. For a given market there will only be three or four price bars that I will consider suitable for taking a risk position. If I trade a market more than five times in a year I consider that I over-traded -- that my nose was too close to the chart. Then it is time to be conscious about pulling back from daily charts and re-focusing on weekly charts. As a rule, if I cannot see a pattern on weekly chart then it is 80% certain there is no trade for me.
That's it -- three or four price bars that are important. The rest are noise.

[Naval @naval]

AI coding agents can now deliver one-shot custom apps straight to your phone.

It’s the beginning of the end for the iPhone’s dominance.

[Rascal @PsychedelicQu]

@TechCharts I think a new ATH is the least expected.

But assuming breakdown the less expected would be break straight down without a bounce.

[Rascal @PsychedelicQu]

@AlexFinn I still haven't heard any overly brilliant use cases

[Andrew D. Huberman, Ph.D. @hubermanlab]

The mistake people make re meditation: they presume we should feel peaceful while doing it. It’s about observing your stress & learning to not react to it (in the same way exercise is a stressor that triggers an adaption). Meditation builds stress tolerance. @RichieJDavidson

[Naval @naval]

The human brain isn’t designed to process all of the world’s breaking emergencies in realtime.

[Rascal @PsychedelicQu]

@PeterLBrandt This is deep

[Rascal @PsychedelicQu]

@Norma5387953815 3531

[Rascal @PsychedelicQu]

@IncomeSharks @HeroDividend I get the first argument.
People spend resources to mine it because of argument 1.

[Bob Loukas 🗽 @BobLoukas]

Every cycle feels different, but it never is.

You make real money on paper and think it’s permanent. Then you round-trip it and swear you’re done forever.

You then miss the early part of the next cycle because of PTSD. You buy back some only after it doubles “just to be safe.” You get fully loaded by the mid-cycle, the tingly feeling is back. You promise yourself this time you’ve learned a thing or two and will be smart and reasonable this time.

Then the gains start and you take the bait, you get emotional, fall in love, and go searching for narratives to latch too. The hucksters are back too in full force selling you a dream, you ignore their last cycle grift, and fall for their new shiny paper. A faster path to your dream. You start regurgitating all their talking points, welcome to the club.

You start adding leverage, this is easy, you’re going to be super-yacht rich. You buy garbage tokens and projects, telling yourself they figured out some money glitch. It’s a whole new paradigm. You start to project where you’re going to be just one year out at this rate and say that’s too long, let’s go harder. And then the rugs begin to get pulled.

You’re quickly down 50% on a leveraged/speculative pile of poop, that you fear selling at such a “discount”. What about the dream. Paralysis becomes so great you can’t even action an exit over your better thoughts.

And not before long, you’re back to the beginning.
-----------------------------

I know this is only a subset of people entirely, more so in crypto, but I think we all to some level or extent, fall for the above. I do too!
So not intended to throw shade on people (except the hucksters), but a reminder that a balance between risk and preservation is paramount, but more importantly when to be balanced between the two at various stages of the cycle. Knowing where we are in the cycle requires being as unemotional and agnostic to your positions as possible. Once money becomes so personal, rational judgement is lost.

As for where we are now. Stocks haven’t broken down broadly, although the cracks are forming. We’re in a bull trend still, but also in that “be mindful” stage, and dips are probably not opportunities anymore.

For crypto, the carnage is huge, but can get so much worse. We’re way past the get out stage, but that doesn’t mean you can’t get out to live another day. If you’re sitting on stuff with paralysis, free yourself of this burden and dump it. A worthless token isn’t cheap because it's down 60%.
This does not apply to spot bitcoin, you’re not selling that 44% off highs, even expecting much deeper levels to come in 2026.

[Rascal @PsychedelicQu]

@BobLoukas I need to tattoo this inside my eyeballs

[Rascal @PsychedelicQu]

@IncomeSharks How are you getting exposure to them?

[Rascal @PsychedelicQu]

@IncomeSharks @AshCrypto you don't get to 200m without thinking like that

[Rascal @PsychedelicQu]

@TechCharts 😂

[Rascal @PsychedelicQu]

@benjamincowen Indeed your advice has been so accurate over the years, but very difficult to follow, because your tone was very judgemental, which repels for no reason. I feel that under that you truly wanted to help people. Your new direction with aid in that. Thanks for everything.

[Rascal @PsychedelicQu]

@naval The opposite of stress is creativity.