Replying to Avatar Pre

Here's their price-graph since 2017. Look familiar? Yes. It's the same shape as the bitcoin graph, because it's the same shape as the global liquidity graph, because the price of everything only reflects the dilution of money now.

Bitcoin's been doing about 2x better on average, though ASML reach a new high faster.

If you'd sold your bitcoin to buy one of the biggest booming international tech companies at the very bitcoin top, you were still just swapping one bear market for another. Still making losses after the sell.

Was there *anything* going up between October 21 and January 23?

Avatar
Pre 1y ago

Gold basically just flat during the last bitcoin bear market.

Reply to this note

Please Login to reply.

Discussion

Avatar
Pre 1y ago

The S&P was only down 10% vs like 70% for the tech stocks and bitcoin. Could just dump into the index for a bear market I guess? Still lose, but more slowly.

Thread collapsed