@gudmansachs Everything is cyclical the pump fun era will come to an end and something will replace it eventually. Same shit happened in 2017 and again in 2021, the patient and observant will be rewarded as always
🧻TOILET PAPER OUTPERFORMED THE DOLLAR🧻
Yes, Charmina Ultra is a better store of value than the US Dollar.
Let me break it down for the financially illiterate:
In 2020, the Fed printed trillions.
Stimmy checks hit your account while politicians shut down your job.
Asset inflation went nuclear.
Your dollar quietly began dying.
Now let's talk about your precious store of value:
🟢 Toilet paper in 2020: ~$10 for a 24-pack
🟢 Toilet paper in 2024: ~$13-$15 for the same 24-pack
That’s a 30-50% increase in price depending on brand and shrinkflation.
In other words: 1 pack of Charmin held its value better than your savings account.
Meanwhile:
Your bank account yields negative real rates.
CPI gaslights you with fake "core inflation" numbers.
Eggs doubled.
Rent exploded.
Real wages flatlined.
Housing is up 40%.
Bitcoin 10x’d.
The point?
The dollar didn’t store value. Toilet paper did.
You would’ve been better off hoarding Charmin Ultra Soft in your garage than trusting the Fed.
And yet people say:
“Bitcoin is too risky.”
Buddy, your entire existence is risky.
You’re 38 years old with $830 in your checking account.
Your retirement plan is Powerball.
Bitcoin is not risky.
Staying in the fiat system is.
@rektober Of course we’re gonna drop eventually but a good trader puts their ego to the side, recognises when their bias is wrong and makes the correct adjustment. You’ve been wrong and strong this whole rally since the lows, take a break and reevaluate.
@rektober Idk man leaving stops resting above 95k also doesn’t make much sense from an MM perspective, I think early shorts could just as easily be squeezed a lil more
@pooop_real@MessmerImpaler7@imnotalizard_ You hate buying utilities but you’ll buy some nonsense called asstits? I would argue that anyone buying memes is nothing more than a degenerate gambler
@fidels065 @JSinsCrypto .786 and .886 are the strongest levels but don’t take my word for it, set up your fibs and try it on the next chart that catches your attention
@fidels065 @JSinsCrypto To be clear this is what has worked for ME personally as I have a background in stats and struggled with fomo and TBing for a long time but there are plenty of ways to succeed just have to find your edge. If you wanna learn more search Fibonacci retracements and try it yourself