Rick Pace
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bitcoinnupe.bsky.social
Rick Pace
@bitcoinnupe.bsky.social
#Bitcoin | Stocks | KAΨ Life Member | PHA |
@Morehouse @KennesawState Grad 🇺🇸

"Generational Wealth and Cooperative Economics are tools of liberation."
“The more you sweat in practice, the less you bleed in battle.”
March 5, 2025 at 1:37 PM
People may not realize it yet, but we are headed towards a Recession this year…

The impact of todays actions will be felt across multiple sectors and locations.
February 26, 2025 at 6:52 PM
I’m so sick of these fake gurus giving terrible financial advice online. Getting hella views and wrong AF. 😂😂😂
February 21, 2025 at 11:38 PM
The average American reads at a 5th grade level, is easily manipulated, and tends to forget factual details over time. Most people only trust information from their preferred sources. This is a major problem that won’t be easy to resolve.
February 21, 2025 at 4:15 PM
“The best time to invest was 10 years ago. The second best time is now.”
January 8, 2025 at 1:37 PM
I definitely see a sell off in the stock market and crypto in January. The market went up 20% in 2024 (and 2023) and folks will take some profits in January so that the taxes won’t be due until 2026.

Expecting and Manifesting 2025 to be a great year!
December 31, 2024 at 8:35 PM
My daughter stole my wife’s phone on Christmas Eve so that she could try and catch Santa on the Ring cameras. Gotta love it 😂😂😂
December 26, 2024 at 9:08 PM
The first $1,000,000 is the hardest. The second is easier.
December 24, 2024 at 7:16 PM
For most, day trading is a fools game. Super difficult to consistently profit.

Actual investing is actually not hard. Time is your biggest asset. 90% of it is mental - controlling emotions.

Finance Pros overly complicate it to create a need for them to step into and fulfill (less effectively).
December 20, 2024 at 12:35 AM
Stock Market got Nuked this afternoon. Today is an example of Macro Economic factors that are outside of our control (i.e. the FED) impacting the entire market.
December 18, 2024 at 10:36 PM
Fed cuts interest rates by a quarter point as expected, indicates fewer reductions ahead.
December 18, 2024 at 7:03 PM
A dove is an economic policy advisor who promotes monetary policies that usually involve low interest rates. Doves tend to support low interest rates and an expansionary monetary policy because they value indicators like low unemployment over keeping inflation low…
December 18, 2024 at 5:01 PM
What does it mean to be Hawkish?

Hawks are seen as willing to allow interest rates to rise in order to keep inflation under control, even if it means sacrificing economic growth, consumer spending, and employment.
December 18, 2024 at 4:59 PM
The old retirement models are broken. You want a comfortable retirement? Buy Bitcoin. Hold it for at least 10 years.
December 14, 2024 at 10:41 PM
Don’t be upset by the results you didn’t get with the work you didn’t do
December 13, 2024 at 8:23 PM
Panic usually leads to opportunity.
December 11, 2024 at 7:43 PM
The most important indicator to make profits with an asset is to hold for long periods of time.

Team owners don’t sell in 6 months or even 6 years. Home owners typically don’t either. Stocks that are held longer periods perform better. NYT article explains more:

www.nytimes.com/2018/02/02/y...
December 10, 2024 at 11:07 PM
Finance Tip I wasn't taught in School:

The Rule of 72.

Divide any return into 72, that is how long it takes to double your money.

So if you make 9% a year, it will take 8 years to double your money.

If you have 8 trades at 9% each you will double your money.
December 9, 2024 at 3:25 PM
Most people will never be successful day traders. Most are better off consistently dollar cost averaging into S&P500 (VOO), Nasdaq (QQQ), and Bitcoin (BTC).

Mix in some simple moving averages (20/50/100/200) and consistency will provide great long term results.
December 7, 2024 at 7:06 PM
Guaranteed Universal Life Insurance - permanent lifelong insurance that provides a death benefit, without the “cash value” investment portion of Whole Life.

It’s more than Term Insurance but much less than Whole.

We only hear about Whole/Term, but this should be considered.
December 6, 2024 at 8:30 PM
“If one should desire to know whether a kingdom is well governed, if its morals are good or bad, the quality of its music will furnish the answer.”
― Confucius
December 6, 2024 at 5:42 PM
Not being able to admit when you are wrong is a character flaw.
December 5, 2024 at 10:19 PM
$100K!
December 5, 2024 at 3:28 AM
One point no one seems to consider or think about: at some point if USA pivoted directions and drastically STRENGTHENED the dollar — we would suffer DEFLATION. Asset prices would fall drastically, and people would be underwater in their homes. Stocks/Bitcoin would fall.
December 3, 2024 at 3:05 PM
Without mentioning your age, Name a Clothing Brand that was popular when you were in High School.
December 3, 2024 at 1:47 PM