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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (166465)12/28/2020 6:56:03 AM
From: TobagoJack  Read Replies (1) | Respond to of 218649
 
Hello Haim, I believe BTC is different from electronic transfer SWIFT, cashless Visa / MasterCharge, centralized cryptos, and many private cryptos (Facebook Libra), in that it is more anonymous than not (except at on- / off-ramps to fiats and other cryptos), can be P2P, does not require banking intermediary but can use PayPal and such, features de-centralized ledger, and not at the dictate of any one nation, company, or authority

My issue w/ it is that surely there can be BTC2, BTC3, ... BTCn.

In the meantime, a mania, but one perhaps leading to a lot of fast gold. I like gold, physical gold, and treat it as a marker, nice to have more, for sport. My life is modest, allow me some good food and a lot of my own time, and I am happy. I do not participate in any sport involving others, just the daily swim on own, more to chat up the life guard lady i think than to keeping fit. Macro is my sport.

I wish to be able to say, Yes, I BTC-ed, did well, and survived to tell about it.

I believe we are at early stage. Might be wrong. Given that there is no P/E ratio applicable, no way to tell except the simple mania chart.

Whether we choose to play or not, we are being played, because the fiat dilution is real enough.

I believe TSLA is as much or little a mania as BTC, and so I choose to only play BTC to the extent of ~50% of the profit I make from shorting TSLA call options, and no more than 50%. In such a protocol, my BTC are free, effectively, and by doing so, I enhance the rate at which I collect gold, that which I cannot lose in Troy oz and kilogram terms.

I do need to use the other 50% of the profit to claw at gold, DRD (DRDGold), and 0941.HK (China Mobile paying ~7% dividend).

I can and do explain my strategy succinctly, -TSLA => BTC / DRD / 0941.HK / Gold