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$BTC $SOL $ZEC Trump Dog Conan (Ending with xBQt) Community shares today:
🔻Here's another hell joke: Because the US non-farm payroll data was so good, the market is now fully pricing in a 25 basis point rate hike by the Federal Reserve before the end of the year.
🔻Expectations of tightening will drain liquidity, so liquidity crunches and volatility have appeared—gold falls, cryptocurrencies fall, US stocks fall, US Treasury prices fall, yields rise.
🔻I just said today, unrealized gains are not profits; realizing gains and cashing out is what counts as making money, and the high market value of US stocks depends on massive liquidity support from the US.
🔻Keynes once said that investment decisions largely depend on "spontaneous and unconscious optimism," which he called the "animal spirits," or in other words, a term everyone understands: "the power of believing."
🔻But, I believe that the self-competition of existing funds creating a "dead confidence in supporting US stocks" can push prices higher—can it be injected with liquidity out of thin air?
🔻I'm just afraid that the "power of believing" can make prices go up but can't make people run out; then, when you look back at some people bragging that "all US stock participants have made money over these years," it would truly be a hell joke.
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