𧲠âNowhere is safe for moneyâ? Muradâs answer begins and ends with SPX6900
A joke has been making the rounds on X these past couple of days: stocks are afraid of an AI bubble, bonds are afraid of government borrowing, Bitcoin is afraid of quantum computing, gold is afraid of lab-grown gold⌠The conclusion? âThereâs nowhere left to put your money.â
Murad shared his list today: land and farmland, silver, platinum and palladium, non-Western government bonds, rare watches, Swiss francs, Singapore dollars, your own business, fine wine and whisky, and infrastructure funds. The first and last items on the list are both SPX6900.
A few hours later (October 23, 18:41 Beijing time), he posted again: impatient people trade and lose everything; patient people hold on and gain life-changing wealth. The post got around 26,000 views, over 480 likes, and more than 130 replies. The day before, heâd also said that the rational choice was to set your ego aside, stop trading, and focus all your energy on one coin.
đš âHold patientlyâ isnât wrong in itselfâmany people really do lose their principal through frequent trading
đš But patience should be about trusting your own judgment, not patiently holding someone elseâs position
đš When someone puts the same coin on their list twice and urges everyone to concentrate their bets on it, thatâs first and foremost their positionâand only then their opinion
My take: separate âdonât trade recklesslyâ from âbuy only this one coin.â You can take the first piece of advice; the second requires doing your own research. Real patience means thinking it through before you buy: if it drops by half, can you still hold on? Would losing that money affect your life? Spreading your money across several highly correlated coins isnât diversification, and going all-in on one meme coin isnât long-term thinking either.
Would a big influencer saying âhold onâ every day make you more confident about holdingâor make you want to get out even more?
#Memeĺ¸ #éżććć #SPX6900 #TradingMindset
A joke has been making the rounds on X these past couple of days: stocks are afraid of an AI bubble, bonds are afraid of government borrowing, Bitcoin is afraid of quantum computing, gold is afraid of lab-grown gold⌠The conclusion? âThereâs nowhere left to put your money.â
Murad shared his list today: land and farmland, silver, platinum and palladium, non-Western government bonds, rare watches, Swiss francs, Singapore dollars, your own business, fine wine and whisky, and infrastructure funds. The first and last items on the list are both SPX6900.
A few hours later (October 23, 18:41 Beijing time), he posted again: impatient people trade and lose everything; patient people hold on and gain life-changing wealth. The post got around 26,000 views, over 480 likes, and more than 130 replies. The day before, heâd also said that the rational choice was to set your ego aside, stop trading, and focus all your energy on one coin.
đš âHold patientlyâ isnât wrong in itselfâmany people really do lose their principal through frequent trading
đš But patience should be about trusting your own judgment, not patiently holding someone elseâs position
đš When someone puts the same coin on their list twice and urges everyone to concentrate their bets on it, thatâs first and foremost their positionâand only then their opinion
My take: separate âdonât trade recklesslyâ from âbuy only this one coin.â You can take the first piece of advice; the second requires doing your own research. Real patience means thinking it through before you buy: if it drops by half, can you still hold on? Would losing that money affect your life? Spreading your money across several highly correlated coins isnât diversification, and going all-in on one meme coin isnât long-term thinking either.
Would a big influencer saying âhold onâ every day make you more confident about holdingâor make you want to get out even more?
#Memeĺ¸ #éżććć #SPX6900 #TradingMindset