The most contrarian thing of all is not to oppose the crowd but to think for yourself
Hidden in Asia
Joined December 2011
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Fitzerald retweeted
A tidal wave of new primary sources from the ancient world could very soon be on its way - enough to keep scholars busy for decades! The first words have being read from digitally ‘unrolled’ carbonised scrolls from a Roman library in Herculaneum! (Image: Nat Friedman)
Fitzerald retweeted
JUST IN: Sam Bankman-Fried, the CEO of FTX, donated over $70 million in customer funds to politicians for midterm elections.
This is the most elaborate case of fraud in history with many people involved.
The realization that each random passerby is living a life as vivid and complex as your own. Populated with their own ambitions, friends, routines, worries and inherited craziness. An epic story that continues invisibly around you like an anthill sprawling deep underground.
Interesting and straightforward podcast.
I like this quote "In the mind of the beginner, there are many possibilities. In the mind of the expert, there are a few"
open.spotify.com/episode/3rA…
Good insight on what happened during the ETF BTC launch.
The pseudonymous crypto trader @GiganticRebirth was feeling bearish at the market top last November. This is how his @RebirthDAO shorted the market crash. @0x_bae reports.
trib.al/Q2LC6n2
Fitzerald retweeted
I've been behind enemy lines, reading everything published by the Bank of International Settlements in 2021.
Here are 10 pieces that I found the most alarming and most relevant to Bitcoin.
"Know thy enemy and know yourself; in a hundred battles, you will never be defeated." 👇
Fitzerald retweeted
*Trading Addiction* 🧵
Rewritten an old thread.
I'll start by outlining some feelings that I hope will make you feel as though I can see you and your behaviours through the screen, then I'll go into some tips I can give for trying to step back.
It is addiction and it's real.
Fitzerald retweeted
Cooking and building a portfolio have a few things in common:
1) A little bit too much or too little of one ingredient can ruin everything;
2) Fewer ingredients is easier and often better;
3) Following a recipe is a good start, but deviation makes the master.
Fitzerald retweeted
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Price action is not determined by heads and shoulders or wedges or retrograde Venus.
Two principal factors explain 80% of short/medium term movements, even in such a complex system:
The first ''true'' financial bubble happened in 1720 before charting even existed yet the charts look like today. Human behavior in all its splendor.
