Imagine what happens when Europeans (now 40%+ of nasdaq invested money supply) decide to park their liquidity home because of depreciating USD 😳📉 https://x.com/kobeissiletter/status/2019105327518519468?s=46&t=vGdL6gMJv0qcvymUV8209g

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Think about that 🧐

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monitoring the situation, right now the situation seems to be deteriorating rapidly. anyone have any better situations to monitor for someone new to monitoring situations?

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Looking into downside structured pm trades today. Not ruling out upside. But for now… we focus on tactical 40-60 area in silver. Prob buy more physical as well. Mark it 0. ₿ is in DCA range. No rush. But might as well. Also mark it 0.

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I am not worried about “IF” we bounce back. I am worried when. And I’m worried if all crypto will be owned by tradfi by then 🙈

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iykyk

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Each moment carries opportunity to forget the past and enjoy the present 😇 — maybe someone needed to hear it

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Last week was a bloodbath and will be remembered for ages. Monday: Russell 2000 crash Tuesday: Dollar crash Wednesday: S&P 500 crash Thursday: Nasdaq crash Friday: Gold and silver crash Saturday and Sunday: Crypto crash What will this week bring?

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Here's the truth - everybody is lying to you about trading and investing. Fund managers - they want you to have a long-term view. Give them the money for the long term so they get to play with it as they wish and keep bonuses flowing. Exchanges and trading apps - they want you to "catch that wave and big opportunity!", and trade because that's fees for them, and that's how they make a living. Not how you make a profit. There's no venue or structure that gets paid purely based on results in the trading world. And that should be our hint ... 🤪

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probs my fave X account guy lost everything, still owes millions in debt had $300 in his account and ran it to $142K or so now has a Discord, trying to help other people who could be good traders but aren’t

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JP Morgan bought ~$250 million worth of silver right at the bottom of the crash on Friday. They've historically manipulated the price of metals via short position spoofing. Some of their traders have even gone to jail because of it. 8 banks were prosecuted through 2023 for artificially suppressing prices. The rally since then shows what happens when "supply deficits meet a previously manipulated market." More about this timeline at the linked Substack. https://navnoorbawa.substack.com/p/eight-banks-paid-13b-for-silver-manipulation Other than some profit taking, the crash was triggered by 2 things: an increase in margin requirements and the announcement of a hawkish federal reserve chairman. People assume that Kevin Warsh will make decisions that will maintain the value of the dollar. This created a cascading liquidation which brought silver from $120 to $75 before closing at $85. Gold lost 12% as well. @nerdy, the reason the Shanghai price is still at $120 is that they were already closed for the weekend when the crash began. They also require delivery of the contract whereas COMEX is 98% futures paper trading. The London exchange also mysteriously gone offline for an hour on Friday.

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I bought clanker yesterday. Immediately punted for -16% Also bought QR. Did not and dont plan to punt qr. What’s your favorite token? The one you own too much of but want to buy more?

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“The most volatile month in precious metals history.” Guess it was the Chinese traders. Don't think I've met any Chinese people on here yet. https://finance.yahoo.com/news/chinese-speculators-set-stage-gold-120029836.html

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for the life of me i can't imagine round tripping 9 figures. if by some miracle i ever get to 9 figures in a fking perps dex i'm taking out 80% of it and burying it in my yard in the form of cold storage spot and precious metals https://x.com/lookonchain/status/2017885115859505623

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We’re still liquidating - consider your actions 🚨 https://x.com/kobeissiletter/status/2017679273839239272?s=46&t=vGdL6gMJv0qcvymUV8209g

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