🍌 banana 🍌republic
@shawntcuff
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George Carlin said that when you’re born you get a ticket to the freak show. When you’re born in America you get a front row seat. X is a back stage pass.
Banana Republic
Joined September 2009
In times of market stress, Bitcoin plunges while gold surges. That’s exactly what happened on Friday. Calling Bitcoin “digital gold” is misleading as it is merely a speculative risk asset, not a safe haven. Learn more in my analysis below⬇️. $BTC $PHYS
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I was long Fartcoin with 10x leverage. How could this happen.
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Imagine levering 50x on magic internet coins and being surprised it didn’t end well.
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I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity....
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Uhm, because its a digital token backed by nothing just like Bitcoin.
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Drawdowns this Week Bitcoin -17% Ethereum -27% Solana -27% Cardano -44% Dogecoin -51% Litecoin -52% XRP -57% *Hail the King - Gold closed up 1% Friday, just off an all-time high.
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may he rest in peace. if this is what one 3% drawdown day in markets can do, what'll happen if we drop 20%? what if the unthinkable happens and we're down 40%? it is insane how we have normalized speculation and irresponsible leverage. there are TRILLIONS in 'assets' worth $0.
JUST IN: 🇺🇦 Crypto investor and influencer Konstantin Galish found dead in Lamborghini amid historic market crash.
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At least at the casino, they give you a free drink before they take all your money.
For people still don't know how bad yesterday was, here quick summary: $ATOM went from $4 to $0.001 $SUI went frim $3.4 to $0.56 $APT went from $5 to $0.75 $SEI went from $0.28 to $0.07 $LINK went from $22 to $8 $ADA went from $0.8 to $0.3 Top 100 blue chips nuked 80% in a
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Invest in real things
Millions of young Gen z guys just got their entire net worth wiped out in seconds. 10x leverage and a 10% flash crash will do that to you. These people will be scarred from risk assets for life.
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Love to see it
All levered positions wiped out. Clean slate
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Maybe invest in real things
Holy sh*t. Just got a call from my good friend who’s a higher up at a well-known crypto firm. They got completely wiped out. Weren’t ready for something like this at all. Hearing that some partner firms of theirs also got wiped out. Fully gone. Not a penny left. This could be
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Sad these schemes have real consequences
JUST IN: 🇺🇦 Crypto investor and influencer Konstantin Galish found dead in Lamborghini amid historic market crash.
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JUST IN: 🇺🇦 Crypto investor and influencer Konstantin Galish found dead in Lamborghini amid historic market crash.
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Bitcoin would be trading below $60,000 right now if Tether/Circle hadn’t printed billions of fake fiat out of thin air and pumped it into BTC. This market is dangerously overvalued, propped up by fake money and blatant manipulation.
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BREAKING: Total amount of gold owned by US ETFs linked to physical gold is up to a record $225 billion. Holdings have DOUBLED over the last few years, driven by massive investor inflows and a rise in gold prices. Before the 2020 pandemic, gold holdings were 4.5 times less, at
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