Almost all of finance/investing can be summed up as shorting abundant things and going long scarce things.
And yet, many people spend the vast majority of their effort trying to go long abundant things and short scarce things precisely during the 10% of the time when that works, instead of going to therapy or something.
simple say - every fucking asset class is pumping until elections
Nostr is good therapy.
wouldn't the abundance or lack thereof be already reflected in the price?
so maybe really ain't that things that are going to be more abundant should be shorted
Sounds right. This is the upside down world.
🤣🤣🤣
After reading this Lyn, I may need to re visit my crypto portfolio.
Have some bad practices in there. Need to sort it...
There is no crypto, only Bitcoin
day trading and gambling are pretty much the same activity
🤣
Madness of the crowds?
Imagine a world where instead of needing a PhD in economics to save for the future, normal people could just expect their money to preserve and grow their wealth over time.
One of the things I appreciate most about #bitcoin is the fact that it is so incredibly simple and eventually makes anyone claiming to be an expert in such things look like an asshole.
Money doesn’t need to be and shouldn’t be complicated.
The entire financial system, like government itself, exists to perpetuate the illusion that it is somehow useful and necessary.
I’m just glad I might get to see both burn to the ground in my lifetime.
So the long USD short digital scarcity trade prob not a good one lol
short abundance long scarcity🫡
Next time you see a suit shorting scarce things get them a gift card to better help 😂
Bitcoin and therapy ftw
Short water. Check.
It's a game where timing is everything, and most players are reading the
clock upside down. Perhaps a good session on the couch is worth more
than trying to outsmart the market's rare flip-flops.
would you short a 300k strike dec2024 btc call?
I love your layout of this.
Go short on remitters and check cashers with us!
this is an amazingly accurate observation
hunting down that yield, for what?
just hodl scarce things like #bitcoin 🙏
Agreed.
Not having an early education on these concepts affected my life in a deeply negative way. I just didn’t know how to conceptualize any of this until fairly recently.
nostr:note1sjw6s3y0449ndra7gkw0nqws7wmvs4f6rr4zndc585nr6vm2p7zslk2wxv
