Rambling to vent out and stay more focused zero value here
The stock market is not the economy. The stock market is not the economy. The stock market is not the economy.
Stay on the plan! I also got distracted lately, got furious about stupid policies and talking heads, and focused more on whining. It feels like mass psychosis of stupidity everywhere; it won't go away, you must become immune to it. It is easy to get frustrated.
The game is to survive. Not to fuck up. Accumulate bags to have at least a little bit of freedom. Don’t end up buying the top and selling the bottom. This happens if you don’t have a plan. There will be some correction ahead, no matter what landing we get.
Inflation & Rates
Everything continues to deteriorate; call it inflation, shrinkflation, or whatever. Everything is getting shittier and shittier. Is it 2%? 4% whatever you are fucked anyways.
Hope and dream for rate cuts to save you? You will get fucked and be out of a job. Will the economy continue to “boom,” and rates will go higher? You will get fucked.
They are as cocky as some Bitcoin maximalist yapping straight to your face. Everybody tends to be wrong in the long run. The question is, what is less stupid? The cockiness has been a good top signal in the past for Bitcoin. Reddit is full of smart takes: “Take debt to buy Bitcoin” also posts filled with regret about not buying Bitcoin when it was under 1k…
I want some smart adult to say out loud that we should get rid of these idiots fast. Being clueless and overenthusiastic is fine if you're geeking out over freedom tech or some rule-based money system like Bitcoin (We're still early). Not much harm done but what if running the world's most crucial financial institutions?
Things might be fantastic for the top 5-10% who owns 90% of the shit, what about you? But the stock market is booming!
No need to succumb to doom porn also.
What if we peasants will be priced out of everything?
Live moderately debt-free and buy the best assets.
→ Bitcoin is the world’s best savings technology.
→ Bet people.
Cut the noise, and don’t succumb to the algorithms.
Start thinking about what is best for you and your family.
Create a Comprehensive Financial Plan
Budget everything.
Build an Emergency Fund
Whatever comforts you, 12 months at least to stay relentless and annoying.
Buy Bitcoin (little bit is enough)
The best hedge against idiotism. Any other ideas? Sorry 98% of you lose money.
Get rid of the debt.
Don’t be the product of the puppets and idiots.
Start learning. We have all the info on the internet, and people spend it watching 10s stupid videos and bad takes on X.
Knowledge is power; you don’t need that much nowadays to get ahead. I mean I have been the biggest idiot always in my life if compared to my peers, be it in kindergarten, school, army, work, university, or office…
The goal is not just to survive but to thrive no matter what.
Stay annoying, get mad, and be relentless. Get out of the madhouse, bet Bitcoin and people <3
Good stuff from last week: