It appears many market participants failed to read the first sentence in the bitcoin white paper
Sourcenode
sourcenode@nostrplebs.com
npub1jfn4...t047
Holotropic Philosophy πΌπ
nostr only
The removal of forward guidance is a head scratcher for me. I can only conclude that the fed wants more flexibility to adjust their moves in smaller time windows. (high time preference)
The result will be more uncertainty in the market and higher volatility when they make announcements. (more control over the market)
What could go wrong?
Accidentally based. If this was all the government did all our problems would go away.
In order for nostr to be succesful, some aspect of the tech must be so convenient that every user is willing to pay for it, not just use it.
Blackrock came out with a yield product today if I'm not mistaken
View quoted note β
Liberty depends upon the ability to say, "No, thanks."
I spoke with a hard working business owner yesterday who took out a loan on Coinbase at 120K using a whole coin. Somewhere around 3% interest (very attractive compaired to BTC only alternatives)
He was DCAing and not watching the price until he got liquidated at 65K.
He's now stacked back to .4 and I'm glad he didn't give up, but damn.
The most common error I witness, leverage or not, is trying to time the market.
Vibe shift


Important read
View quoted note β
Don't forget to take everything seriously.
Life is not a joke
The "Saylor Moon" tweet is hitting extra hard today
View quoted note β
I figured this would be popular on the nostr 
