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James Wynn became famous for trading a +$1B BTC position. After he got liquidated, he had to size down to several $100M positions. Now he is down to $100k positions. Lesson in there somewhere: don’t use leverage, kids.
BTC-0,1%
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$IOTA am Abyss: New all-time lows, layoffs at the foundation, and chaos surrounding CEO Schiener. The community is losing trust, the strategy shift feels like a capitulation – can the project still be saved? 👉
IOTA-5,11%
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Al-Scharaa was the leader of an Islamist rebel group that was also connected to Al-Qaeda. He eliminated political opponents and tortured them, and we are still sending tax money to Syria – at a time when our country is also struggling. Why
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No matter what you think about the Bundeswehr: they definitely wouldn't have a recruitment problem if they produced TikTok videos like this. Strike Hard! 🫡
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We are the 19th largest country in the world by population and the 63rd largest by area. Nevertheless, we have one of the largest parliaments in the world—after China and India, and roughly on par with the United Kingdom. Maybe we should consider that too.
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Again? According to authorities, Tiger Woods was driving at least twice the speed limit of 45 mph. Driving 90 mph here seems kind of crazy. 👇🏻
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Those who believe that the state is truly the better builder and that we need a government construction company are mistaken. In Berlin alone, the city has spent 900,000 euros just on consulting fees(!) to establish the construction company.👏🏻
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Holding a 2x, 3x, or 5x ETF long-term is crazy: Due to Volatility Decay, the returns will be significantly lower than those of an unleveraged ETF. The reason is daily rebalancing – after losses, disproportionately high gains are needed to return to the original level.
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Instead of aiming for climate neutrality by 2045, we should set the goal of reducing the government share to 25% by 2045. That would really move our country forward. The rest will follow naturally.
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What madness. So you take personal risks, and if it pays off financially, you should kindly distribute the money to welfare recipients, an increasingly bloated government, and a completely crazy asylum policy.👏
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No, Claude, the implementation won't take weeks. You'll be done with it by lunch today, otherwise I'm switching to Codex.
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Now comes the big time for Markus Söder. He can first of all be against everything that the coalition proposes and that doesn't go over well with the population. In the end, the CDU and SPD will be punished for it, and his popularity ratings will continue to rise.
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Instead of constantly pushing through new ideas that make everything more expensive (VAT, spousal splitting, family insurance), politicians should show that they can also cut spending – for example, cutting €10 billion in development aid (including the ministry).🤷‍♂️
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I'm an FDP member really only so I can say "we" when I get upset about our own shop and all the madness there. What a wreck of a party—I wouldn't even vote for them myself right now.
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I mean, you can obviously criticize them for missing out on e-mobility and software, but at least they’re trying and thinking outside the box. I’d rather have them produce defense tech than lose all the jobs.
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Here are live images from the FDP party headquarters: Peter Neururer seems to have just arrived. 💪
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People think there’s a 17% chance that the U.S. government will confirm the existence of aliens by the end of the year. 👽🤷‍♂️ Spoiler alert: I’m holding no shares.
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Just to put that Sharpe ratio into perspective: Long-Term Capital Management had a Sharpe ratio of roughly 4.5 - until it didn’t, and the whole thing collapsed, nearly taking the entire market down with it. $MSTR $STRC
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Chuck Norris died 20 years ago. Death was just too scared to tell him until now. Besides that: Chuck Norris doesn’t go to heaven — heaven comes to him. 🫡 RIP
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At Schertz & Bergmann, celebrities are currently lining up – Kai Wegner two days ago, now Christian Ulmen. 😅
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