Where are the bitcoin lovers now?

[Divorced w 3]

Warren Buffet is probably the most legendary investor alive, and famously explained his company's strategy as "we simply attempt to be fearful when others are greedy and to be greedy only when others are fearful." As an aside, his company Berkshire Hathaway has a record $325 billion in cash, which speaks to how he views the current market.

CoinMarketCap's shows the sentiment for the crypto market as "extreme greed".

Crypto Fear and Greed Index | CoinMarketCap

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That’s cool and history is littered with the zeroed out account statements of all sorts of great contrarians. If I’m wrong, I’ll sell but remind me again of newtons first law of physics.

 

[jaygreenb]

This guy called Bitcoin back in 2013 and people thought he was nuts

Lives in Dubai now living his best life

So if you have a 1000 BTC that's a Trillion lmfaooo
I guess this must be a "Top" signal lmfao

You have to be feeling pretty good with XRP right now, nice work

 

[Divorced w 3]

I believe he has been sitting in large amounts of cash since 2020/21, granted more now but that has not been a good move.

He was making 80% of his annual return sitting in treasury bills. Why wouldn’t he just keep it there the amount of weight the rest of his equity portfolio had to pull his reduce significantly just by the value made in cash

 

[jaygreenb]

He was making 80% of his annual return sitting in treasury bills. Why wouldn’t he just keep it there the amount of weight the rest of his equity portfolio had to pull his reduce significantly just by the value made in cash

What was his annual return vs other assets/indexes? Tbills did not outperform multiple asset classes or real inflation for that matter.

 

[FlirtLife]

That’s cool and history is littered with the zeroed out account statements of all sorts of great contrarians. If I’m wrong, I’ll sell but remind me again of newtons first law of physics.

Wow, you have no idea what you're talking about.

For others, who might be able to learn something, Warren Buffet's investment skill built Berkshire Hathaway into a $1 trillion (USD) dollar company. He beat the S&P 500 for decades, which is why his company is near the top of the S&P 500 (just below the big tech firms). He buys quality companies at a fair price, and prefers to hold them forever. I'm surprised he even beat the S&P 500 over the past 5 years, despite the S&P 500 doubling from 2019-2021. He deservedly is a legendary investor who has been through market cycles before any of us were born.

Money and investments are not governed by the laws of physics. During the pandemic, trillions of dollars were created - there is no conservation of dollars. Crypto and stock prices can surge and fall based on future expectations - but an object doesn't stop falling until it hits the ground. Pretending the stock market obeys Newton's laws is a very ignorant view that should be rectified by education. An object full of sh!t remains full of sh!t until acted on by knowledge.

 

[BackInTheGame78]

Wow, you have no idea what you're talking about.

For others, who might be able to learn something, Warren Buffet's investment skill built Berkshire Hathaway into a $1 trillion (USD) dollar company. He beat the S&P 500 for decades, which is why his company is near the top of the S&P 500 (just below the big tech firms). He buys quality companies at a fair price, and prefers to hold them forever. I'm surprised he even beat the S&P 500 over the past 5 years, despite the S&P 500 doubling from 2019-2021. He deservedly is a legendary investor who has been through market cycles before any of us were born.

Money and investments are not governed by the laws of physics. During the pandemic, trillions of dollars were created - there is no conservation of dollars. Crypto and stock prices can surge and fall based on future expectations - but an object doesn't stop falling until it hits the ground. Pretending the stock market obeys Newton's laws is a very ignorant view that should be rectified by education. An object full of sh!t remains full of sh!t until acted on by knowledge.

How long before you simply admit you were wrong?

In other words, when do actual real world results start to matter?

I mean, is your ego going to allow that to happen or will you continue to be in denial for the rest of your life?

Since 2011, Bitcoin having an ROI of 9,000,000% versus the stock market's 300% and Gold's 50-60% should get your attention.


The fact that large institutions, banks and the government have declared Bitcoin as a new asset class and are heavily invested and have built divisions around them, spending millions of dollars to do so should let you know that it isn't going away anytime soon.

Psychologically in these situations, people often times cannot admit they were wrong because their ego won't let them and they simply double and triple down on their original thoughts even as it continues to be shown to be more and more wrong.

The question is, will this be you?

 

[Divorced w 3]

Wow, you have no idea what you're talking about.

For others, who might be able to learn something, Warren Buffet's investment skill built Berkshire Hathaway into a $1 trillion (USD) dollar company. He beat the S&P 500 for decades, which is why his company is near the top of the S&P 500 (just below the big tech firms). He buys quality companies at a fair price, and prefers to hold them forever. I'm surprised he even beat the S&P 500 over the past 5 years, despite the S&P 500 doubling from 2019-2021. He deservedly is a legendary investor who has been through market cycles before any of us were born.

Money and investments are not governed by the laws of physics. During the pandemic, trillions of dollars were created - there is no conservation of dollars. Crypto and stock prices can surge and fall based on future expectations - but an object doesn't stop falling until it hits the ground. Pretending the stock market obeys Newton's laws is a very ignorant view that should be rectified by education. An object full of sh!t remains full of sh!t until acted on by knowledge.

So why does Renaissance Tech, the world’s most successful hedge fund, quantitative only, developed out of MIT, far superior to Warren , hire only astrophysicists?

btw , Berkshire Hathaway is absolutely no better than the S&P 500 in terms of performance. When value investing was a thing, when Nixon repealed Bretton Woods, then mergers took off, when Glass Steagal was repealed, he had a great 20 years. He’s just a culture icon now. He is no more or less than that.

 

[jaygreenb]

So why does Renaissance Tech, the world’s most successful hedge fund, quantitative only, developed out of MIT, far superior to Warren , hire only astrophysicists?

btw , Berkshire Hathaway is absolutely no better than the S&P 500 in terms of performance. When value investing was a thing, when Nixon repealed Bretton Woods, then mergers took off, when Glass Steagal was repealed, he had a great 20 years. He’s just a culture icon now. He is no more or less than that.

Could just buy bitcoin and smoke them without the fees, barriers to entry or minimums, I did.

The Case for Bitcoin

Keep track of the macro environment and where Bitcoin sits within it. CaseBitcoin provides key stats, a growing library of the best Bitcoin investment content that makes the case for Bitcoin, and day-to-day coverage of why more and more people are seeking refuge in Bitcoin.

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[Solomon]

You have to be feeling pretty good with XRP right now, nice work

Hell yes, I was able to take profits on XRP I've been DCAing since $0.20 cents will continue to buy the dips
But yeah it feels good to finnally take some real profit. It's gonna be a good Christmas!!!!

 

[Divorced w 3]

Could just buy bitcoin and smoke them without the fees, barriers to entry or minimums, I did.

The Case for Bitcoin

Keep track of the macro environment and where Bitcoin sits within it. CaseBitcoin provides key stats, a growing library of the best Bitcoin investment content that makes the case for Bitcoin, and day-to-day coverage of why more and more people are seeking refuge in Bitcoin.

casebitcoin.com

But not risk managed

 

[BackInTheGame78]

Hell yes, I was able to take profits on XRP I've been DCAing since $0.20 cents will continue to buy the dips
But yeah it feels good to finnally take some real profit. It's gonna be a good Christmas!!!!

Altcoin season is going to be mind bending when it happens. I am loaded up and have been staking and restaking the earned ones.

Once BTC.D starts going down after peaking then you know the money will start flowing into Alts. Right now BTC.D is like a runaway freight train heading towards 70%....currently at like 61.5% and showing no signs of slowing down.

 

[BackInTheGame78]

But not risk managed

How risk managed are companies that declare bankruptcy and whose stocks become worthless virtually overnight?

 

[Divorced w 3]

How risk managed are companies that declare bankruptcy and whose stocks become worthless virtually overnight?

When you own a fraction of a portfolio and then cut losses quickly it’s okay to spread bets out. I am not anti crypto.

 

[jaygreenb]

Hell yes, I was able to take profits on XRP I've been DCAing since $0.20 cents will continue to buy the dips
But yeah it feels good to finnally take some real profit. It's gonna be a good Christmas!!!!

That's awesome man, feels good when a plan comes together

But not risk managed

Different types of risks going the other way too

 

[FlirtLife]

How long before you simply admit you were wrong?

In other words, when do actual real world results start to matter?

I mean, is your ego going to allow that to happen or will you continue to be in denial for the rest of your life?

Since 2011, Bitcoin having an ROI of 9,000,000% versus the stock market's 300% and Gold's 50-60% should get your attention.


The fact that large institutions, banks and the government have declared Bitcoin as a new asset class and are heavily invested and have built divisions around them, spending millions of dollars to do so should let you know that it isn't going away anytime soon.

Psychologically in these situations, people often times cannot admit they were wrong because their ego won't let them and they simply double and triple down on their original thoughts even as it continues to be shown to be more and more wrong.

The question is, will this be you?

Please quote my post, where I made the claim you're discussing.

 

[Solomon]

adding more Shiba inu to my bag, looking at the charts a break out is imminent any day. It's a easy 10X-30X play

Cheers

 

[Divorced w 3]

That's awesome man, feels good when a plan comes together

Different types of risks going the other way too

There’s a little more to it than that for instance, let’s say you’ve got volatility in a strategy like that that has 20% of the volatility typical to the stock market over 10 years but you return profile on that strategy is half of that of the stock market as you can see It’s a superior strategy on a risk adjusted basis so if you have something like that and take some leverage, and now you bring it to within striking distance of the volatility of the market you should thereby be out, performing the market on risk adjusted basis and when you compound More effectively because you’re getting similar returns in a less volatile way, ie compounding more effectively ,Your account will actually outperform the benchmark overtime based off of reduced volatility on a similar returning asset. And before you tell me that you shouldn’t have to do this with leverage go tell that to any company whatsoever that ever issued debt in order to expand its business operations.