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Kane McGukin
kane@NostrVerified.com
npub13j76...s940
#Bitcoin + Monetary Innovation. My opinions are my own and not financial advice. Navigating Bitcoin’s Noise 🎙️http://apple.co/3wFbiiq
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kane 2 years ago
What you see - dark line (S&P price). What you feel - 10yr returns, very clear trend. image
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kane 2 years ago
Two charts I keep an eye on. Which one is $GOLD & which is #BTC ? *Note*: one took 27 years before it ever recovered to new all-time highs. Sound money is needed, especially today. But keep in mind, historically, creative bankers have found ways to suppress competitors and sound money assets. See: Custodia Bank (recent), FinTech, and gold (past); for example. image
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kane 2 years ago
The power of boring... #Bitcoin  Dollar Cost Averaging (DCA). 📈💪 If you'd bought the $69k top & DCA'd all the way down, you'd be up +9%! 'All In' top buyers would still be down -55%+. 😱😬 Emotion & #fear hurts... "Opportunities multiply as they are seized." -Sun Tzu Fear is powerful. Money is boring. Bear markets are where we learn the downside of emotional decisions. Dollar Cost Averaging (DCA) may not be sexy, but consistently saving and investing across time is powerful. image
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kane 2 years ago
Money *is not* the perfect pictures of amazing views that you post while on vacation. Money *is* the hard work and process you repeat everyday that no one sees or brags about. Your habits create or destroy value. That is your money.
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kane 2 years ago
It’s clear to me that the biggest battle for #bitcoin is not against the dollar. Rather, it is a battle against socialist and communist policies and agendas being push down from the BIS to global central banks. These directives are being hidden under the guise of encouraging the progressive movement and other -isms. Sadly, many are latching on. Not far into - The Party 📖 , but the parallels of the modern day US political machine & China’s “Party” are way too similar. They too operate under many of the same practices we continue to watch rolled out in the US under the feel good of DEI propaganda/narratives. “If you play by the Party’s rules, which means eschewing competitive politics, then you & your family can get on w/ your lives & maybe get rich. But the deal does not exist in isolation. It is buttressed by a pervasive propaganda system which constantly derides alternatives to the Party.” image
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kane 2 years ago
Probably the most interesting thing about financial markets… When prices are high, investors are *most willing* to buy. When prices are low, investors *most willing* to let them die. Time feels like the best answer.
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kane 2 years ago
How the “reduction” of censorship is going under Elon… image
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kane 2 years ago
I find it easy to get distracted by all the new shiny things we could pay attention to. However, over the past decade, and especially the last few years, I’ve found the most insightful information to be that of older books, classics, and historical reviews of past global and financial issues that are very similar to today’s challenges. Here are a few passages from The Party: The Secret World of China’s Communist Rules, that indicate a lot about now and where we’re very likely headed. China is more focused on itself than the world, but don’t get in their way. They’ve been asking for a seat at the table but have been ignored and treated like the redheaded step child for two decades. image With all the censorship going on in the US, inclusive of the New Twitter under Elon, we are watching our own propaganda machine be used against our own citizens in an open and blatant fashion. Socialist and communist ideals are heavily seeded in much of our progressive views that are being rolled out and championed. The price citizens pay for being sold out to new powers. It happens in most turnings. image In the US, we’ve seen the fallacy, evil, and folly of the “it’s science” crowd. The US strategy into, during, and post COVID looks much more like a bending of the knee to the Chinese and their way forward. Not at all like the gall and ideals of our founding fathers.
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kane 2 years ago
If you’re going to put your money anywhere, put it to work.
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kane 2 years ago
From the looks of it, these banks never understood what the purpose of a bond ladder was???