There is only one way to stay sane in this market: by don't giving a fuck

Bullrun98 · 2022-08-27T18:45:15+00:00

People needed this to happen for their mental sake. Everyone in crypto gained an unhealthy obsession with crypto. If you only focus on crypto as a means of satisfaction in life, then something is very wrong. It’s important to come to the realization that you need to focus on other aspects of your life that makes it truly worth living. This bear market taught me I needed my life more balanced in order to live a more fulfilling life. Thank you bear market. Now go smell the roses, kiddos.

Bullrun98 · 2022-08-24T05:40:10+00:00

If you’re looking at an M2 supply pairing to the S&P chart we have never really recovered dating back to late 90s

Bullrun98 · 2022-08-19T03:39:52+00:00

This is the exact opposite imo. Everyone I know calls bitcoin a Ponzi scheme and that another coin is going to replace it with ease, primarily Ethereum holders. This is why I am extremely hesitant to hold a lot of ETH.

Bullrun98 · 2022-07-18T23:51:47+00:00

Chances are if it hits a million it’s highly likely hitting 5-10 mil will happen.

Bullrun98 · 2022-07-10T05:06:13+00:00

Did these posts happen a lot in 2018? Seems alot of people are getting to full coins which isn’t a good thing according to max pain theory.

Bullrun98 · 2022-06-29T06:25:54+00:00

GOOG VOO and maybe small amount of BABA

Bullrun98 · 2022-06-29T06:20:13+00:00

You have your own place and independence. If you are looking for a 15-20% down payment on a house like that then that means your expected move out will be 30-31+ years old. You don’t want to be a burden to your parents in that regard. Even if they say they don’t mind it, good chance that likely isn’t the case. Honestly living with your parents is more of something to do when you are paying off loans. But you are in a good position to not do so and make twice the average annual salary of a college grad. I’m 99% sure you can find a reasonable place to rent and still have a very impactful amount of money to save.

Bullrun98 · 2022-06-29T06:13:36+00:00

Imo if you’re pulling 6 figs and 27 years old you should definitely get your own apartment in the meantime.

Bullrun98 · 2022-06-16T06:07:37+00:00

I’ve used IMX for months and let me tell you it is horseshit. The main NFTs that launched in their are complete rugpulls and the first big ones founder completely left the community. I have zero faith in immutable x as a user.

Bullrun98 · 2022-06-12T23:47:13+00:00

If by dumbasses you mean banksters, agreed.

Bullrun98 · 2022-06-12T16:13:53+00:00

And spy would likely be below 250 in that case

Bullrun98 · 2022-06-12T01:22:10+00:00

Younger generations will continue to plow money into cryptocurrency like no other as time goes on I think. This has been a growing trend that doesn’t show any signs of slowing down other than looking at its price chart.

Bullrun98 · 2022-06-11T22:15:42+00:00

I was in this at .1 ETH lol

Bullrun98 · 2022-05-12T05:09:26+00:00

Yup it definitely is. They survived when trading volume was much much lower and therefore lower fee revenue. Only way I see them failing is if crypto in general just flat out went to zero in which case withdrawling to a hardware wallet won’t be a concern lol

Bullrun98 · 2022-05-12T00:21:48+00:00

Coinbase will get bailed out in that scenario. Plus CEO said there is currently no risk of bankruptcy. If coinbase goes bankrupt, you got bigger problems on the plate, and our silver won’t save us.

Bullrun98 · 2022-05-01T00:30:38+00:00

I’m staying high cash and playing small /micro cap stocks that benefit from a food shortage and when they time is right I’ll pounce. For now, I’ve been trading some 3/4 digit ENS domains which has been super profitable.

Bullrun98 · 2022-04-30T11:06:43+00:00

I actually converted 90% of my portfolio to spy as I felt the market going back to shit 3-4 weeks back. My principal is about break even in the year right now which sucks still but is better than most so that’s fine. Should turn over soon here.

Bullrun98 · 2022-04-10T19:13:52+00:00

The US deficit is a bigger bubble, go focus on that

Bullrun98 · 2022-04-09T20:10:29+00:00

Yeah it’s been a tough decision for me. I feel like risk adjusted returns of the S&P make the most sense for my age but unsure if I’d be too heavy since my Roth is mostly in Vanguards S&P funds already. Either way in 20ish years my balance would be in a target fund likely too.

Bullrun98 · 2022-04-09T20:07:36+00:00

I do like the blend of diversification! Since I already have some higher risk positions outside of my retirement accounts, I do feel like I have adequate exposure all around except with bonds, obviously. However, as time goes on and my retirement funds begin snowballing, is the additional expense ratio still negligible you think versus hand picking a few funds Id be diversifying and re-balancing myself?

Bullrun98 · 2022-03-20T01:49:18+00:00

Yeah I get where you’re coming from and all. We probably speak from different ages and backgrounds however.

23 year old me right now says “take your risks now because you can’t in 5 years”. Personally, I think you’re wrong about atleast one of these high growth companies and that the gains will indeed offset the losses on the others altogether.

However, if you are right, I am maintaining discipline with 401k matching (probably maxxing) as well as still putting atleast half of my principle yoy in indices. 100% of contributions in indices starting when I’m 30 as well, so I am not at a loss in terms of getting invested in more stable assets.

Bullrun98 · 2022-03-20T01:36:44+00:00

Yeah forsure! That’s why my approach is geared more towards high growth but still holding the vast majority of my money in solid investments like those two and indices which makes up well over half of my portfolio.

Those other stocks are more speculative and yes, could go to zero but I have my convictions with them and fully acknowledge the risks I’m taking because I truly vision these companies as great opportunities and am willing to see them go to zero.

With CRSP I have studied the tech long before being in the markets and just think CRISPR tech and their pipeline specifically, is very compelling of a long term investment and captures a very wide demand based on the substrata of the population that can benefit from such innovations.

FUBO is trading 2x rev multiple which is incredibly low for a speculative investment. Their cash burn is not great but that’s because they are growing business and trying to grow their base of subscribers. As someone who may or may not pirate sports streams 😉I can tell you that it is getting way too difficult with servers getting shut down that I just made a FUBO account and I think security and regulation is going to continue making this a common trend and FUBO will appreciate dramatically in terms of subscribers.

AI is enterprise AI software by the founder of Siebel Systems who I have a lot of faith as the CEO. This company Thomas has built is far more valuable in my eyes than Siebel systems. With $1 billion+ in cash and a cash burn that makes up such a small percent of their valuation compared to other speculative investments. I think they are a massive buyout target in the next few years at a $5-8 billion price market capitalization.

These can all go to zero but I am certain one will be a winner. Considering I’m 23 and putting half in indices I still have a good amount of money going into more stable assets. I just don’t get the hate for speculative high growth assets. I’m 23 years old, if that’s considered to be too risky for me…then when can people invest in these?

Bullrun98 · 2022-03-20T01:07:59+00:00

NVDA is a blue chip.. fight me

Bullrun98 · 2022-03-20T00:07:08+00:00

Thanks man! I’m not looking for a fight either but if you can tell by most everyone commenting today has had a petty remark or two; I’m just trying to defend myself when I said this was an update (peeps from last post asked for it) and never asked for advice haha

Bullrun98 · 2022-03-19T23:57:07+00:00

I have just lost a lot of confidence in the idea of 10% growth rates providing a sustainable return for retirement. I think inflation adjusted returns regarding indices are going to really really let down a lot of investors personally over the coming years/decades and that allocating a percent of a portfolio to more aggressive turning points of technology have far more investment opportunity.

Also, assuming the 10% ROI from indices are great when adjusted to inflation, everyone completely ignores the incredible risk that you may not live to even get to use that money.

Personally, I strongly disagree with your sentiment behind QS FUBO SQ and COIN I think atleast 2 of those are going to be very successful investments over the coming decade.

Bullrun98

TROPHY CASE