GateUser-40a7d570

One of the biggest myths in trading is that knowledge = returns.
I've watched people who can't explain what the Fed does outtrade people who live in charts. Some of the worst performers I know are the most educated. They read everything, chart everything and still lose because knowing more just gives you more reasons to talk yourself into bad positions, or out of good ones.
Patience, timing, and knowing when to walk away beats knowledge almost every time. The market doesn't always pay you for what you know.

One day I'll tell my grandkids I was early to crypto and leave out the part where being early just meant losing more money.

“The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin.”
- Ernest Hemingway

Nobody posts their exits. I've seen 400 screenshots of people buying but I have never once seen a screenshot of someone selling well. This entire app is entries.

Hey Aussies, are we having fun yet?

Tax time is fun because I get to explain 3,000 transactions to my accountant and watch a man age in real time.

More and more people I know are leaving Australia, or considering it.
People who spent their lives building assets are selling. The new tax laws mean the hard work of building security for future generations is no longer worth it.
Sad to see.

UAE and Swedish police arrested 7 people this week over a laundering network that moved 70 million Swedish kronor, about $7.1 million, across 10 months.
The leader had fled Sweden and was wanted on an Interpol Red Notice. They found him in the UAE and took him at the same moment Swedish officers took the other 6.
The gang dealt in cash. Crypto was how they moved the value onward.
Investigators followed those transactions but what came back wasn't just laundering. It was financial links to organized crime and contract killings.
Swedish police reported in May that gangland shootings have killed

My seed phrase is hidden somewhere so safe that I've become the main threat to my own funds.

I love when bad things happen to bad people

The bill that was supposed to give crypto "regulatory clarity" failed, so we're back to our regularly scheduled programming of nobody knowing what's legal. Comfortable here tbh, clarity was starting to feel unnatural.

So the housing market about to get real fucked isn’t it

Jack Dorsey is opening a bitcoin bank. A bank, for the thing that was invented to avoid banks. Full circle moment lol.

I did not need to see that video of the Hyrox athlete
You sickos need to stop sharing it

Setting an alarm to watch a man named Kevin read a statement that decides whether we can afford things. No one warned me adulthood was this specific.