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comment by kleinbl00
kleinbl00  ·  217 days ago  ·  link  ·    ·  parent  ·  post: Rosenberg just called the top of the market (autoplay)

You and the rest of the world.

Because

1) You can't bet your retirement

2) You're outside of the SEC cocoon

3) Your units are whatever you want them to be

4) Your common knowledge game is played in the tower of Babel

I don't think we can assume any correlation.

The people I see playing with crypto are the polar opposites of the ones playing with equities. They're a completely different tribe. I've got a friend who can't log into his 401(k) who day-trades tokens and apparently I was the last of my circle to hear of binance.

Now - that may change, and a correction/recession may push it that way. But I mean fuckin' hell - John Oliver did 25 minutes on crypto last Sunday and it's surprisingly fair and balanced considering how everyone with a tresor was a goddamn criminal in the eyes of the investment class not six weeks ago.




elizabeth  ·  216 days ago  ·  link  ·  

    The people I see playing with crypto are the polar opposites of the ones playing with equities.

Negative correlation for the win?

I have no actual money to invest and am a dumbass but... let's get rich?

kleinbl00  ·  216 days ago  ·  link  ·  

    I have no actual money to invest and am a dumbass but... let's get rich?

battle hymn of the HODLer

mk  ·  216 days ago  ·  link  ·  

Winklevoss' proposed a Virtual Commodity Association SRO, and CFTC Commissioner is happy.