Pro tip:
Beware of economists and popular #macro influencers who make lots of money on their subscription services, but are actually terrible investors.
They are everywhere. 👀
Discussion
The incentive structure of these people is somewhat at odds with most scenarios of the #Bitcoin sphere. I other words: 99% of investment, macro, politics gibberish can be replaced with the following expression:
Buy and hold 🌽
So true. There prediction history is usually brutal.
anyone who isn’t invested in Bitcoin is not on my people to listen to list
Hilarious to see the equity research analysts put out FY25 forecasts when they are off by an average of 14% (!) on year end performance. So called experts influence the sheep, we are independent thinkers in #bitcoin
Old dude with Grey Hair and his bank got closed down because he’s a fraud or the dude with a man bun shorting BTC from $40k in January 2024?
I could go on and on but those are the 2 that come to mind straight away 🤦🏻♂️🤦🏻♂️
Does this include some who are contrarian and have been doing macro since the 70s?
The best funds in Wall St have been beaten by the simple HODLER systematically over the years.
The vast majority of those economists, CFAs, PhDs, portfolio managers are losers that are ingrained into the matrix they can’t even understand bitcoin.
Even the crypto/shitcoin funds in Wall St got outperformed by bitcoin hodlers.
Don’t give those yuppies any attention.