Crypto Macro Trends for 2022

savoir said:
Geez Louise, you are clearly losing it. My comments have gotten under your skin, but I’m not the source of your problems.

And I think you have me mistaken for someone else. I don’t recall disclosing my trades or what I’m about to do. I mentioned to you that a generational bear market was underway. Maybe that’s the confusion.

The bottom line is, making money in any market is a game. If any single trade can affect your disposition, you are doing it wrong.
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Yes, it was your comment about generational bear market which I thought you put on a sizable short position 2 weeks ago, or are you just all talk?

Listen, you keep saying this bear market (in all markets, btw) is affecting me. I do not agree with this

I'm still the same ET poster always posting positive news on the Crypto Assets forum and was arguing with another poster like I always do which you felt the need to get involved in somehow

In one of your posts, you hinted that I should post a different point of view (to positive news) which is not me, so no is the answer on posting negative news, there are many on ET doing that on Cryptos already

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On this very thread, you're trying to make fun of Michael Sayloy, mocking him for his actions and saying he's our leader and I follow him, but as I corrected you, I'm not following Michael Saylor, got into Bitcoin in 2013 at that time, Michael Saylor was a Bitcoin hater, you can look it up

So, you come here posting negative stuff and you think I'm the one losing it? Maybe you're the one not doing well and trying to project your negativity

I'm ready for this downtrend, I quit my job last year and have enough cash in the banks for at least 5 years of expenses
 
johnarb said:
Yes, it was your comment about generational bear market which I thought you put on a sizable short position 2 weeks ago, or are you just all talk?

Listen, you keep saying this bear market (in all markets, btw) is affecting me. I do not agree with this

I'm still the same ET poster always posting positive news on the Crypto Assets forum and was arguing with another poster like I always do which you felt the need to get involved in somehow

In one of your posts, you hinted that I should post a different point of view (to positive news) which is not me, so no is the answer on posting negative news, there are many on ET doing that on Cryptos already

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On this very thread, you're trying to make fun of Michael Sayloy, mocking him for his actions and saying he's our leader and I follow him, but as I corrected you, I'm not following Michael Saylor, got into Bitcoin in 2013 at that time, Michael Saylor was a Bitcoin hater, you can look it up

So, you come here posting negative stuff and you think I'm the one losing it? Maybe you're the one not doing well and trying to project your negativity

I'm ready for this downtrend, I quit my job last year and have enough cash in the banks for at least 5 years of expenses
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What are you so butthurt about? I called out Saylor’s bullshit in his interview. What is negative about that?

Do you agree with him that Bitcoin is “the perfect asset for a retirement plan” and “it’s less risky than bonds, than stocks, than commercial real estate, than gold”?

My initial post with his interview is below. It would be very interesting and perhaps revealing to know whether or not you share his view.

Regarding your being ready for the downtrend, I wish you good luck on your hodl. You don’t need to keep saying you are the same positive guy as before. As long as you believe it, it’s unimportant that I or anyone else be convinced.

As for my trading, I appreciate your concern but I am very superstitious and I don’t talk about trades I am in. I will say this is not my first rodeo, so I too am ready for whatever happens.

savoir said:
Microstrategy is the first company to offer Fidelity’s Bitcoin products in its 401k plan. That was quick. The ink on the guidance letter hadn’t dried yet.

Of course there is no mention of Microstrategy’s involvement in working with Fidelity to lobby the Labor Department. Or that Fidelity also benefits directly by generating new sources of demand for Bitcoin. The interview is a PR puff piece; CNBC never fails to meet expectations.

So this guy is your hero? It’s not enough for him to get people to put Bitcoin into their 401k accounts. He suggests people pass it along to their heirs.

Hold until death, that’s a new spin on “buy and hold” even better than “buy and hodl” (hold on for dear life). “Buy and hud.” Maybe it will be a new meme.

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savoir said:
What are you so butthurt about? I called out Saylor’s bullshit in his interview. What is negative about that?

Do you agree with him that Bitcoin is “the perfect asset for a retirement plan” and “it’s less risky than bonds, than stocks, than commercial real estate, than gold”?

My initial post with his interview is below. It would be very interesting and perhaps revealing to know whether or not you share his view.

Regarding your being ready for the downtrend, I wish you good luck on your hodl. You don’t need to keep saying you are the same positive guy as before. As long as you believe it, it’s unimportant that I or anyone else be convinced.

As for my trading, I appreciate your concern but I am very superstitious and I don’t talk about trades I am in. I will say this is not my first rodeo, so I too am ready for whatever happens.
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"Poking the bear"...

You post in here suggesting that Michael Saylor is our hero and then proceeded to mock him, which is indirectly mocking other Bitcoiners

To answer your question, I had no idea about of Saylor's plans to have have Bitcoin as perfect asset for retirement, but if you're asking me, the person who has no stock investment or bond investment and all-in on Bitcoin and Cryptos Asset as 100% portfolio investment, what do you think would be my answer??

Bitcoin is decentralized. It's very difficult to understand the importance of this, but there is no hero or leader in decentralization

Imagine if a nation-state or the IMF or the WEF can force the Bitcoin leader(s) into shutting Bitcoin down or putting some malicious code to weaken or cripple the Bitcoin network?

Bitcoin is the hardest money in existence

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I posted a YouTube video of Mariah "rethinking your Bitcoin portfolio" in which she spoke of long-term vs short term

I agree with this and currently executing on this even before the video that's what I'm doing during this downturn and what I did last year, deleverage and focus on core holdings to have a clear view of risks

I don't use cash to invest or speculate, that's all short term liquidity which will stay that way

Regarding being superstitious, that's a good move to continue doing what works. Good luck
 
johnarb said:
"follow him".... Michael Saylor only became a Bitcoin believer in 2020 around the same time as Paul Tudor Jones

I've been in Bitcoin since 2013
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Thats amazing. How much have you given back . Since you've been in it so long, I assume you must have added at high prices. Or did you just load up in 2013 and watch the money roll in
 
johnarb said:
"Poking the bear"...

You post in here suggesting that Michael Saylor is our hero and then proceeded to mock him, which is indirectly mocking other Bitcoiners

To answer your question, I had no idea about of Saylor's plans to have have Bitcoin as perfect asset for retirement, but if you're asking me, the person who has no stock investment or bond investment and all-in on Bitcoin and Cryptos Asset as 100% portfolio investment, what do you think would be my answer??

Bitcoin is decentralized. It's very difficult to understand the importance of this, but there is no hero or leader in decentralization

Imagine if a nation-state or the IMF or the WEF can force the Bitcoin leader(s) into shutting Bitcoin down or putting some malicious code to weaken or cripple the Bitcoin network?

Bitcoin is the hardest money in existence

-----------------

I posted a YouTube video of Mariah "rethinking your Bitcoin portfolio" in which she spoke of long-term vs short term

I agree with this and currently executing on this even before the video that's what I'm doing during this downturn and what I did last year, deleverage and focus on core holdings to have a clear view of risks

I don't use cash to invest or speculate, that's all short term liquidity which will stay that way

Regarding being superstitious, that's a good move to continue doing what works. Good luck
More...
Seriously, it never occurred to me that a sarcastic remark about Saylor being a Bitcoin hero could be so offensive to anyone. Maybe you are being melodramatic just a little too much.

Nonetheless, you do agree with him that Bitcoin is the perfect asset for retirement—less risky than bonds, stocks, commercial real estate, and gold.

Well then you also deserve to be mocked as a Bitcoin hero. You two can be the Batman and Robin within the Bitcoin-hero universe. Who is which? I know you said you got into Bitcoin earlier than Saylor but you are Robin. Sorry. Unless we are talking Robbin. As in robbin’ his employees’ retirement. He is definitely Robbin.

I will watch your referenced Mariah video later today.

Your good wishes are appreciated. Stay positive.
 
savoir said:
Seriously, it never occurred to me that a sarcastic remark about Saylor being a Bitcoin hero could be so offensive to anyone. Maybe you are being melodramatic just a little too much.

Nonetheless, you do agree with him that Bitcoin is the perfect asset for retirement—less risky than bonds, stocks, commercial real estate, and gold.

Well then you also deserve to be mocked as a Bitcoin hero. You two can be the Batman and Robin within the Bitcoin-hero universe. Who is which? I know you said you got into Bitcoin earlier than Saylor but you are Robin. Sorry. Unless we are talking Robbin. As in robbin’ his employees’ retirement. He is definitely Robbin.

I will watch your referenced Mariah video later today.

Your good wishes are appreciated. Stay positive.
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We have our picks and we put our money where we feel it's the correct move

What you call Michael Saylor's BS is not BS to me nor other Bitcoiners

Bitcoin is the best investment in the whole world in terms of risk/reward

Bitcoin is not $0

Celebration by the critics at the time the global financial markets are crashing as well is not yet warranted

When Bitcoin comes back up, the critics will disappear

Stay positive, yourself, life's too short
 
savoir said:
Nonetheless, you do agree with him that Bitcoin is the perfect asset for retirement—less risky than bonds, .
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Oh wait, you mentioned Bonds

I laughed at that because Greg Foss, a retired bond trader of 30 years says bond investors are the most stupid investors who cannot do simple math

You deserve to be mocked for mentioning Bonds

Ray Dalio one of the best (if not the best) Bond investors of all time said recently he'd rather own Bitcoin than Bonds, enuff said

Look up the many videos of Greg Foss explaining the math behind it, if you can't figure it out. That's very sad I thought you had financial experience and all that
 
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johnarb said:
Oh wait, you mentioned Bonds

I laughed at that because Greg Foss, a retired bond trader of 30 years says bond investors are the most stupid investors who cannot do simple math

You deserve to be mocked for mentioning Bonds

Ray Dalio one of the best (if not the best) Bond investors of all time said recently he'd rather own Bitcoin than Bonds, enuff said

Look up the many videos of Greg Foss explaining the math behind it, if you can't figure it out. That's very sad I thought you had financial experience and all that
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Nice try, but our Bitcoin hero is the one who mentioned bonds, in the same breath with stocks, commercial real estate, and gold. From the context, it’s clear to me he is saying Bitcoin is the least risky asset (“the perfect asset”) relative to any other asset for retirement, period.

I have no opinion about bonds for retirement. I don’t trade them or invest in them. However, I’m sure you can find a lot of people to debate with, as stock/bond allocations are standard practice in conventional retirement planning. I’m just not one of them.

Ray Dalio I’ve heard of. Don’t know Gregg Foss. Are you suggesting these guys as more heroes to follow? How about thinking for yourself for a change.

You are sniping but I have no idea what you mean by my having “financial experience and all that.” I’m not hurting for money if that’s what you’re talking about. 401k’s are for plebs.
 
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