Financial illiteracy
@sparticuszorro.bsky.social
1.1K followers 150 following 930 posts
So there is no Ambiguity. The All-In with all your money is: 3x price in 3 days with float turning over. Any lesser conditions is not All-In but shades of.
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sparticuszorro.bsky.social
Those are very dangerous long or short
sparticuszorro.bsky.social
What just happened to crypto

Will/can happen in stocks for anybody long on margin or short.

Especially with no market makers/everything digital add overnight trading and your whole lifetimes net worth can/will be wiped in minutes

Wait for it...
sparticuszorro.bsky.social
What are the ramifications if

USA is in 2nd place in terms of world power
sparticuszorro.bsky.social
Everybody got Zeroo cause used leverage

No leverage cant buy a house/ferarri/rolex
sparticuszorro.bsky.social
Lawrence McDonald @Convertbond
10h
Drawdowns this Week

Bitcoin -17%
Ethereum -27%
Solana -27%
Cardano -44%
Dogecoin -51%
Litecoin -52%
XRP -57%

*Hail the King - Gold closed up 1% Friday, just off an all-time high.
sparticuszorro.bsky.social
Benn Eifert 🥷🏴‍☠️
@bennpeifert
what you thought was magic alpha is almost always levered shitbeta
sparticuszorro.bsky.social
Exactly

Open sourcing everything software risc-v/LLM'S

Have the energy tech >

solar/batteries/EVs for future

Trade with usa is dead.You cant be held hostage on a whim.

Better to forget completely

Export to 100 other countries
sparticuszorro.bsky.social
Complete fold by USA
Or
3rd world status with marketing
strength portrayal

China has moved on....
sparticuszorro.bsky.social
Gnomes of Zurich

are shorting z:paas
sparticuszorro.bsky.social
Last time i saw queuing was 1980 people dumping silverware.
Went on for weeks
sparticuszorro.bsky.social
Homeownership one traditional method by which prior generations of Americans built their wealth

Has moved further out of reach

Just as trading stocks has become easier and cheaper than ever.
sparticuszorro.bsky.social
Liquidity providers needed
peark.es
Great Bloomberg coverage of the massive squeeze in silver
www.bloomberg.com/news/article...
(Bloomberg) -- The London silver market has been thrown into turmoil by a massive short squeeze, driving prices above $50 an ounce for only the second time in history and stirring memories of the billionaire Hunt brothers' notorious attempt to corner the market in 1980.
Benchmark prices in London have soared to near-unprecedented levels over New York. Traders described a market where liquidity has almost entirely dried up, leaving anyone short spot silver struggling to source metal and forced to pay crippling borrowing costs to roll their positions to a later date.
And the squeeze has become so dramatic that some traders have rushed to book slots in the cargo holds of transatlantic flights for bulky silver bars - an expensive mode of transport typically reserved for more valuable gold - to profit off the massive premiums in London. Chart showing London silver bullion inventory Chart of silver implied borrow costs Chart of New York vs London silver futures
sparticuszorro.bsky.social
Market cap is now 1.6b
633k still hodling to zero with their $500 purchases
sparticuszorro.bsky.social
Liar will suffice to get you booted out