james22

I think that probably follows from recognizing you've only so much bandwidth. Like students learning how to study, a method, system, or area of interest allows one to focus. And that's what delivers results.

From a historical standpoint, it's a fascinating time to live and witness the switch from 5,000 years of physical gold to digital bitcoin. Just baffling to me that (seemingly) so many of those who lived pre-computer/internet and witnessed all the digital transformations since, resist this latest. Or maybe it's just finance types? Unlike everyone else, did research librarians resist Google?

Supposing value is a woman, what then?

And it is very, very difficult to recognize opportunities outside one's style.

Ouch. I'm good though.

Down $2.3M Thursday and only shrugged. It does change you: the $1M drawdown becomes no different than $100K.

All investing is value investing.

I've no idea what the top might be, or even if there'll be another cycle. I'll trim when there are no catalysts upcoming or (more likely) because I've no reason to keep playing.

The ETFs really changed everything for me.

The tragedy of old age is not that one is old, but that one is young. Oscar Wilde

No, though that's where establishment/Chamber of Commerce/Country Club Republicans reside. Conservatives naturally reside in the River.

I disagree. It's mostly a Trump rally (if not wholly). Observers will note disagreement is not uncommon among bitcoiners.

If you believe history predictive, you might look at how the gold ETFs performed after they were introduced.

Like the catalysts I mentioned above, this is something that you'd know if you did the reading. Spoon feeding you this answer will only prompt the next question.

What percent of investors have ever heard of SAB 121 and/or the FASB accounting change? Zero would be far, far closer than 1%. That's an informational advantage. There's a reason bitcoin is a Trump trade: https://cryptobriefing.com/trumps-crypto-agenda-presidency/

Outlandish? 1. Bitcoin regulation (allowing bank holding) and 2. US strategic asset reserve. Since November 2021, the three prudential banking regulators – the Federal Reserve, the Federal Deposit Insurance Corporation, and the Department of the Treasury's Office of the Comptroller of the Currency – have discouraged banks from holding actual bitcoin in their balance sheets or providing crypto custody services. https://www.forbes.com/sites/digital-assets/2024/11/13/big-banks-likely-gained-more-than-1-billion-from-bitcoin/ That is changing/will change. "The GOP's commitment to clear crypto regulations and making bitcoin a strategic reserve asset is set to be a game-changer for industry growth," Jean-Marie Mognetti, the chief executive of alternative asset manager CoinShares, said in emailed comments alongside a report. https://www.forbes.com/sites/digital-assets/2024/11/07/a-trump-us-strategic-bitcoin-reserve-game-changer-is-suddenly-hurtling-toward-the-bitcoin-price/ 3. Nation-state (game theory) adoption. 4. Institutional adoption.

I've never been a tracking position fan, but if a sliver incents you to further study, then take a tracking position. Otherwise, you've time to study (again, we're early).

Bitcoin regulation (allowing bank holding), US strategic asset reserve, nation-state (game theory) and institutional adoption, fomo, etc. We're still early.

All you need is a little information advantage. And that's easy with bitcoin. Because so many are absolutely convinced the value of the whole network is zero.

Sure, that's why it's called a trap.