Hold time -vs- purchase date -vs- Compound Annual Growth Rate (CAGR) minus S&P 500 Compound Annual Growth Rate.
Green = Bitcoin outperforming.
Unlike comparing to USD, from this we can see that you have to hold a bit longer to always be in the green vs the S&P 500,
But with that longer holding time, you’re nearly always in the green here too
Only real exception so far was the 2020 crash and surge
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Green = Bitcoin outperforming.
Unlike comparing to USD, from this we can see that you have to hold a bit longer to always be in the green vs the S&P 500,
But with that longer holding time, you’re nearly always in the green here too
Only real exception so far was the 2020 crash and surge
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DoomPosting
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Many will say there are never signs of an impending pullback
— When really the same signs that have been working well for centuries years are still working surprisingly well today
When the normies, the shoeshine boys, the taxi drivers, the barbers,
the people who never usually even think about investing in something, suddenly start talking to you about investing in something,
— time to prepare for a pullback.
Same in the reverse, for calling bottoms.
When the amateur perma-bulls who have big holdings but aren’t all that good at trading, finally announce they’ve given up all hope of a recovery, the bottom may be in.
Not useful in normal times, but definitely continues to be useful at the extremes.
How do you detect when we may be approaching an extreme? — Shoeshine boy signal.
Nothing new under the sun.
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— When really the same signs that have been working well for centuries years are still working surprisingly well today
When the normies, the shoeshine boys, the taxi drivers, the barbers,
the people who never usually even think about investing in something, suddenly start talking to you about investing in something,
— time to prepare for a pullback.
Same in the reverse, for calling bottoms.
When the amateur perma-bulls who have big holdings but aren’t all that good at trading, finally announce they’ve given up all hope of a recovery, the bottom may be in.
Not useful in normal times, but definitely continues to be useful at the extremes.
How do you detect when we may be approaching an extreme? — Shoeshine boy signal.
Nothing new under the sun.
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🚨🚨 Internet Archive and Google have intentionally stopped new website caching, to hide what they’re about to do next
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Way too many claiming to be “on the right” still repeating nurture > nature bs
Simply wildly untrue
Embrace truth
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Simply wildly untrue
Embrace truth
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