How to get URL link on X (Twitter) App
https://twitter.com/Pentosh1/status/1463237324842713104Offense, vs defense. In any sport, war or game, when you over commit to one side you leave the other open and vulnerable. Whether it be hockey, basketball, football or a game of risk. If you get too aggressive you leave yourself open to a counter attack.
https://twitter.com/Pentosh1/status/1463237324842713104What follows is hacks, exploits, depegs, custodians taking your money. No matter how well you manage things or try to protect yourself. There's always trouble lurking. People are desperate.
https://twitter.com/Pentosh1/status/1587903153902690304They've likely gone too far and are about to go further short term. The only way out was to crush things to get it under control before re-inflating the bubble. So what does that look like?
https://twitter.com/Pentosh1/status/1623324559062573059To me it's much like 2018-2019 musical chairs. One narrative plays but the music goes a little faster each time and someone is always left without a chair. In the end we trade what we are given. But it's important to understand the environment and trade accordingly
https://twitter.com/Pentosh1/status/1476959132523675649Muted growth from higher rates from longer. Rates haven’t been high enough for long enough to work their magic. Higher yields elsewhere will lead to less allocation in crypto / stonks. 4-5% risk free = a shift in behavior and adapting market
https://twitter.com/Pentosh1/status/1600929427701256192I made a ton of mistakes this year that essentially lead to no growth and preservation. I was sizing up until March when I round tripped an 8m profit into a loss in April whilst traveling. Then I essentially reduced by 90% and lately even more.
https://twitter.com/pentosh1/status/1499435051712458759I certainly don’t know everything. This year was a way to journal my thoughts and hopefully educate those who wanted it to some degree. None of it was hindsight I still know less than I think I know and have a lot to learn.
https://twitter.com/Pentosh1/status/1492152285937426437Well the reality is the rate of change on hikes was so quick that we didn't get to see the effects of it. It is somewhat like a sonic boom. Depending on the aircraft's altitude, sonic booms reach the ground two to 60 seconds after flyover. There is a lag
https://twitter.com/Pentosh1/status/1567515649223655425?s=20&t=AkipvIWLKWUmjFo76P5ecw
https://twitter.com/Pentosh1/status/1492152285937426437It's a dangerous thought to be convinced the bottom is in again. Especially when we haven't seen the effects of higher for longer. The velocity of the rates is insane but we still have to see people credit card expenses go up, auto loans, home loans, refinancing
https://twitter.com/Pentosh1/status/1580550982844702722market can rally. it doesn't mean they can sustain
https://twitter.com/Pentosh1/status/1584933878695079937$BTC