A good opportunity for me to talk about leveraged trading again. I’ve been in bitcoin:native for 13 years. I’ve built a substantial fortune through Bitcoin, and I’ve never engaged in a single leveraged trade. Since 2013, I’ve met many Bitcoiners, some of whom entered the market even before I did. Of those I’ve known who engaged in leveraged trading, none owns anything significant today, if anything at all. Bitcoin is a safe asset. You can build a real fortune with it without ever using leverage. Leveraged trading is a casino, and casinos are a bad place to build wealth. Don’t trust anyone who tells you that you can become successful by gambling in a casino.
I promised not to talk about gold anymore, but I can see a new, coordinated wave of gold promotion approaching. Very influential voices are claiming that gold’s bottom is in. Not just a local bottom, but the bottom. ☝️ This could clearly serve two purposes: first, to attract more exit liquidity from retail investors, and second, to minimize retail participation in Bitcoin ahead of its biggest bull run since 2017.
I was wondering why Tesla stock wasn’t soaring after Thursday’s presentation, and then I learned that many expect it to dump on Monday. 🫢 $TSLA
