Kirk Spano
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kirkspano.bsky.social
Kirk Spano
@kirkspano.bsky.social
Citizen Investor from flyover country. More Profits, Less Risk. Learn. Plan. Save. Invest. Survive Trump. Live life to the fullest. Optimistic Futurist. Managing money since 1995. https://FundamentalTrends.com
this chart might be more instructive re #Bitcoin and the #stockmarket Shows from the Christmas peak in 2017 to now the comparative returns. Back it up a year and the outperformance of Bitcoin is even greater.
www.tradingview.com/x/D4MeEsSs/?...
BATS:SPY Chart Image by Kirk_Spano
www.tradingview.com
November 17, 2024 at 2:50 PM
that's too broad imo. Bitcoin is being adopted as digital gold by nations, companies and many people. It serves a similar purpose as gold has. What's the difference on a server or in a vault? Easier transactions and cheaper storage. #Bitcoin is an adoption story.
November 17, 2024 at 2:46 PM
that's not entirely true, I say that as an investor, economist & ok poker player. If the economy gets bigger, then there can be more winners than losers - that is, if 1% of the folks don't scoop all the loot.
November 17, 2024 at 2:44 PM
I think RFK is weird, had to get that out of the way, but, I also think there is good reason to challenge big pharma and processed food industries. We'll see if he actually has any brainpower or is just an ideologue - if he gets confirmed. I think he gets confirmed, but misses on brainpower.
November 17, 2024 at 2:39 PM
oh, does that mean better food?
November 17, 2024 at 2:35 PM
the hyperactive betting markets, alt crypto markets and overvalued stock market all scream of inexperienced, non sophisticated speculation. What could go wrong? #investing
November 17, 2024 at 2:34 PM
I think 10% of people owning 93% of stocks is more indicative of the wealthy buying the politicians to fortify their advantages. Level the educational and opportunity playing fields and it would take around 50% of folks to own 90% of stocks.
January 13, 2024 at 7:58 PM