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Bitcoin really moving lately. I've never bought any crypto. Its really just an investment in future technology is the best explanation I've heard for it. No earnings is what bothers me about it. Seems ponzi to me. Is there a simple explanation that can help me better understand what it is and why folks are investing in it?!
So uh.......... I'm thinking we have not hit bottom yet even after this week's bloodbath.
I got hosed hard core.
My stupid ass assumed Costco and Target to be recession-proof due to all the soccer moms in there erryday.
Holding off until the prices in personal nuclear bunkers hits new highs. Then I'm in on Iodine pills and water purifiers.
Patience... I'm ready for some WMT at $100. Hold that Costco. Bear market my ass. No place to hide.
Whew Lads. Total bloodbath today.
And I don't think we hit the bottom yet.
It's a great time to have retired. I started my practice with Jimmy Carter's economy and 19% interest rates and now this. Fuck them all............
"Incredible transition" my ass.
Waiting for SBUX to hit $70 again. Open to nibble on BEN, NYCB, & META at lows.
I did not even bother looking at my shit today. Why cry over things out of my control. But FECK. Target, Costco, Apple, Tesla, things I figured were solid. Feck Me Silly.
Futures point to another market fire sale. Crypto people taking it in the ass.
Hang on lads.
Why would Putin do dis?
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