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Bienvenidos mis ositos, tu siempre eres mis queridos! (Welcome back little bears you are always my dears!)
My investing knife needs the rust to be scraped off. My trading guns jam because they haven’t been properly cleaned or lubricated.
The last crypto bull market made me complacent and soft.
I thought I could hang up the combat boots and retire to some tropical villa.
For a time it seemed all we needed to do was greet our frens with GM and HODL
Everyone lowered their guard because after all, WAGMI.
What a joke, I should have sold earlier and ignored the crypto clowns. I could’ve bought back by now and still have enough left over for other things.
Maybe real yield and digitizing real world assets will happen in the future. But I’m not going to sit around and wait for it to happen.
Believe it or not ol’ panda was a financial mercenary that lost his edge.
Now it’s time to step back onto the financial battlefield and regain it.
It will be bloody and vicious.
I will need to eat what I kill. Sadly, this might mean even you my fren. I hope that day never comes but it’s only fair that I give you a warning.
No more dollar cost averaging my hard fought money into crypto. But don’t worry it doesn’t pay to short at these levels.
I’ll look to short publicly traded proxies like $COIN, $MARA, $MSTR on relief rallies (if they are still around).
Sadly, I’m tired of the DeFi promises, and digital asset dreams.
Most of the shilltubers and “alpha” Twiter feeds and Discords have moved on to other scams.
Good riddance to those time sinks.
Time to get lean and mean. Those crypto bags are weighing me down. The deadweight has been cut and the survivors are in a hardware wallet.
As economic conditions deteriorate people flee for financial safety. They will probably seek out refuge in real things.
Commodities and producers will get smacked by recession fears but will hold up better than most sectors.
2023 is already off to a violent start. Even $AAPL is not immune. I’m secretly hoping for choppy volatile markets. Active traders love these type of markets.
I don’t care if it’s a stampede of bulls or a pack of bears. I’ll kill ‘em all and put ‘em on my dinner plate.
It’s been a long time since my trading knives have tasted blood.
My senses have been dulled and my trading reflexes have slowed.
But they’re coming back slowly.
My prey are much faster than me but I’m a wily trading veteran.
There’s no need to chase every opportunity.
I lay traps strategically and offer myself as bait.
Sometimes I wait awhile as a nosy bull or a hungry bear sniff around. Then I stick a knife between the eyes.
Other times I am a bit too impulsive and I get gored by a horn or take a vicious paw swipe. I lick my wounds and return to strike the killing blow.
This is the life of a trader and I feel alive again!
See you on the battlefield.
Obviously none of this is formal financial or tax advice. You need to find qualified professionals in your jurisdiction.
Be sharp, stay hungry let’s get that money!
