Jukov

What we learned this year:
• Stock picking isn't easy. It was just an easy phase. Most people really are better off buying indices.
• Proper security in crypto isn't easy, and it's probably only going to get worse from here.
• War and global oil shortages don't matter until they suddenly do.
• Investors love to speculate on promising new stuff like AI, but at some point they need to see where the money is, or they get very irritated.
• Memory might still be a cyclical asset after all.
• Just because a technology is groundbreaking doesn't mean the economics follow fast enough to justify the val

>they finally managed to make people buy back into bonds because everything else suddenly seems risky. >everything ai related dumped hard.
>gold could lose its safe haven status thanks to modern alchemy
>all while $btc held its support very well
and youre bearish?
lol

Wow muh black Monday

💭The other side of the AI Trade
Every generation gets a chance.
Over the last 50 years, almost every era handed people a rare shot at building real wealth: spot a trend early and bet on it with conviction.
▫️ 70s/80s: the personal computer. Apple and Microsoft go public.
▫️ 90s: the internet. Amazon IPOs in 1997.
▫️ 2000s: search and smartphones. Google, then the iPhone.
▫️ 2010s: social media, cloud and Bitcoin, which went from cents to six figures.
▫️ 2020s: AI.
➡️ And AI is probably the biggest disruption to our economic and social fabric of all of them:
Massive efficiency gains, fewer peo

Some market thoughts...

If I look at todays sentiment you would think bitcoin:native did a new lower low or something.
At the same time, you can't really blame anyone: On-Chain is a graveyard and majority probably roundtripped their euphoria-stage profits. The oldest, biggest HW Wallet can't be considered safe anymore and a bunch of charts went from "close to breakout" to "holding on for dear life".
This being said: No changes in my positions. I scaled out of on-chain stuff (for the most part) weeks ago. Played majors right and rotated the profits into laggards. Charts on these (and a bunch of other strong alts) loo

Don't be salmon and swim upstreams or bears will catch you.

The Ledger aftermath - some thoughts about security:
When the Ledger FUD surfaced a few days ago, the first thing I did was check what the best specialists in the space (Officer, Tay, Seal, etc.) were saying - & most pointed out it was most likely NOT a 0-day, but an isolated incident.
I shared that in my GCs so people wouldn't panic.
Turns out thats exactly what it was: a (physical) supply-chain attack. Devices were tampered with before reaching customers; fitted with a hidden implant (a SIM + a module sitting under the screen) that could read everything on the display and beam it to the atta

💭Some thoughts
BTC dips 3% and suddenly everyone's positioned for more downside with a freshly minted bearish thesis.
It's always the same: the crowd reacts to the candle and rationalizes backwards => it narrates price, it doesn't anticipate it.
Emotions. Or outlooks built on data that was priced in weeks to months ago. Whatever brings the views.
Imho it's much simpler. I've traded 7 years with success only by following five rules:
1. Play where the puck's going, not where it's been. Chasing a run that already moved? Cut size. Real conviction on the next one? Size up hard, take it off fast, k

Be a perpetual optimist or a loser
your choice really

@Meta doesn't answer Support Tickets for 5 days+ straight, even if you pay 550€ for advanced support; absolutely wild state.
It feels as though 'AI customer service' has become a way for the, to evade their contractual duties and silence customers off with AI slop answers.

Plumbers in control

$ZEC running hard and the good thing is: You can bid $ZEC but at a much lower valuation, with inference sprinkled over.
It's called $NOCK.