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Yeah, this is all very true. I guess regarding the btc is not anti-cash, i think i agree. If i followed my logic, all assets are "anti-cash" but this creates a "crypto is nothing but a store of value" argument right? If cash is always just a medium for making trading easier, who cares about inflation? Hold some type of asset and only trade into currency for the split second you need a universal standard of conversion. It doesnt matter if it inflates or deflates if youre only holding it for a day or two, right? Bur my only peoblem is if thats the case, whats preventing people from just manufacturing more btc-lite coins that act exactly like btc? It doesnt take space, it isnt hard to manufacture (aside from energy costs), it relies only on trust... hmm 🤔

I just googled who that is. The female jpop singer? LOOL hey, I'll take that as a compliment. 🤣

I just dont want to be sued LOOL

The CEO of PayPal should be Alex Chriss :)

Buy ALL the dips!! :D

🤣🤣🤣 j pow did me dirty! Lol jk, i just washed my hair

the degen in me was alive and well from the very beginning xD

lol I'm a software engineer. I need to fund all my losses from stonks and yolos. Whoops

*insert dog on computer in room on fire meme* this is fine

Good luck, Make money! 💰

The delisting risk is definitely there, but they have until february. Hopefully they dont eff it up haha

@ think they already fked up otherwise why would EY stated they can’t rely on SMCI’s integrity & ethic? Now it’s just depends on if the new audit firm can cover their track or if the SEC just penalized with a fee instead of delisting.

@@lllcool2002 oh yeah, they for sure already effd up. But they got a 2nd chance to fix it. I just think that it is in mgmt's best interest to fix it. Remove all the problems and get in compliance asap. When mgmt's interests align with shareholders, hopefully they can deliver

@@DefNotFinancialAdvice only time will tell, by the way, rumor saying dilution coming.

@lllcool2002 oof i just sold some CSPs haha i wish i saw this earlier

I came to work an hour early LOOL thats why my eye bags are so bad

Sounds like a cool plan to me! 😎

Haha, yeah. I guess what I meant was even if they were cooking the books, their customers are legit, their product is legit, their business is legit. So thats why I my opinion is that there is an asymmetric upside

Hey! If you have anything you wanna discuss, I created an email recently for it. Ill try to respond in a reasonable amount of time. Sometimes it might take longer because I might do some research or take some time to ponder :)

Haha, ive tried. I cant bring myself to fully be confident in crypto. I understand the uses and the reasoning behind it. It just feels weird when the only fundamentals are basically just sentiment and TA.

Just a bunch of free tshirts from career fairs 😆

I really dont think so. They just got a cash injection and should have about 100 mill in the bank and they recently signed a few contracts. The recent exec shift is something to take note of. The ceo stepping down to be head director and the cfo announcing his departure after the books are in order arent something we should just ignore. But i do believe the company should be in good financial standing. Im assuming in q3 they made 10 mill in FCF and were able to pay off 10mill of debt. I talked about this in my previous spire video. I calculated a really small peg ratio (less than .5) which should indicate it being undervalued. But the books still arent out so take everything with handfuls of salt.

Harsh but pretty good advice xD

See, i thought that too. But then he bought $pool and $dom and now im confused

Haha, when everyone thinks that is usually the top of the market 🤣 but I do agree that it feels like I would be too fomo to sell stocks

@ I have been invested since I was I. Highschool. Purchases FB at IPO at 24$. 2 shares all I could afford. Road bitcoin and chainlink from 2019 to today and have around a quarter million with my Roth 401k and Roth. Most stocks are TQQQ UPRO and Tesla. You know how many people told me to sell or exit, those people are literal regards. Just buy and hold long term. I literally went from 11$ a hour to 30$ in my career in NE. And that’s like 40-50$ a hour in Cali conversions. TLDR I have been investing longer than you, have seen the newbies come in and anyone debating at SPY near 600 that they should Consider selling are the same who said sell in 08 and in Covid and in the Covid rebound. Just hold dude. Not rocket science Not all is sweet with me, lost 5k on weed stocks but I’m still holding lol

Thats exactly how I feel. The problem with tbonds, imo, is that if we do see tax cuts and tariffs, thatll just require the government to issue more bonds. More supply, higher yield. On the otherhand, if DOGE does its magic and cuts spending enough, maybe government wont need to buy as many bonds. 🤷

Dam. I wish i was also transported to a different universe where 2022 didnt happen... haha 😄 jkjk but imo always be wary of the word "always" or "never". Of course if you arent planning to trade in and out: buy, buy the dip, hold are usually the best strategy, esp if youre doing so in a broad market index fund. But if youre trading and trying to capitalize on market volatility, sentiment often comes in ebbs and flows. Periods of greed followed by periods of fear. Fundamentals may be constant, but you can never be sure of market psychology.

Oh wow, ive never heard of that before. I guess my opinion on good vs bad money is namely that it doesnt really matter what type of money you have as long as youre only using currency as a form of facilitated bartering/trading. It doesnt matter if youre using the viet dong which is 25000 VND to 1 USD or the usd dollar. Currency is just there so that we have a common denominator to do trade. It is a problem if most of your worth is sitting in an inflating currency however.

I have watched a few of Schiff's podcasts and his videos. He does make many valid points and he is a very smart and well read person. My opinion is just that theres an underlying stubbornness in his beliefs where he refuses to budge. Some of his arguments for holding gold, namely that it is a non-depreciating asset, make sense. But a lot of the time, it sounds like he's trying to inflate the worth of gold. I really liked an interview/debate on Tom Bilyeu's channel where Schiff debates with Raoul Pal if you're interested in watching it. It's really long thought (3 hours) so grab a bag of popcorn haha

But does that matter if the dollar is still strengthening compared to the rest of the world? Even if we're inflating away, the dollar has been doing amazingly. Which makes me worry about American exports... but thats a different video haha

Haha, thank you for the kind words :)

Oh wow, I never saw it in that angle. Thats quite interesting. It's kinda similar to what i mentioned where there is an explicit money printing and implicit money lockup through asset purchase and investment

Oh. Maybe I haven't looked hard enough haha. Most of what I said is mentioned everywhere, but I've never seen anyone talking about how the SOLUTION to inflation (buying assets) might be a potential CAUSE of inflation! So I was wondering if anyone had any takes on this theory.

also, Why you gotta inflate your prices? I remember when blaze was like $8/pizza T__T

@@DefNotFinancialAdvice ah now I see what you meant. Very good point! Then in your opinion what could counter that? Something interesting is like Japans stock market where for 2 decades it was in a bear market. If that happened in the US, what would happen with inflation then? Would it cause deflation?

@@DefNotFinancialAdvice inflation 😂

Then if you would like buy at the big dip

Wait you already got to that, I should have commented after the video ended

🤣 great minds think alike

Haha, I will concede that I have heard stories about their service and the such. Overall, Ive been treated pretty well and I got quick service when I called in for a question. A key note is that as an investment, we're not looking at SoFi as just a bank. But the tech stack that future fintechs and the such will use as their underlying technology. The recent news with Mesh is wonderful news in showing an example or taste of what SoFi can offer to future and fintechs and current legacy banks. Thats one of the reasons why Im so bullish

Loool nah, i dont think he ever talks about options. It was some youtuber lol 😂

Haha, i only sold a few CCs this time around at ridiculous strikes and im holding the rest. The TA on GME has been really bullish so I dont wanna miss out on the fun. I just draw support, resistance, and trend lines but if you want what i think is much more advance TA on GME which i barely understand, theres a channel called "Cantonese Cat" who does ta on gme relativity consistently.