I agree Blackrock is too dumb to not lose money when money printer stops, but they are smarter than their investors collecting 2% management fee on $10 Trillion is $200 Billion? idk, i get confused too many numbers on the left side of the decimal point, I'm used to btc satoshis to the right side of the decimal
Well, you'd be keen on the JPY/USD thing. 6J I think it is on CME? Like 7 digits to the right of the decimal point. The fack that thing is, lol!
You shouldn't be after all isn't a cup of coffee is like 0.000254 BTC? How do you know you are not paying 10 times more than needed? Ah wait, nobody is using BTC for payments...
Then you have Citadel on the other side naked shorting it with no repercussions nor accountability. #citadelscandal
Yea, crazy earnings, it's almost criminal how Ken keeps on getting rich, oh wait, something something, halted gme, amc, buying, only allow selling.... almost wants to make traders seek out non-US markets like metals, London merca..., oh wait, something something halt and reversal of trades but yea, crypto markets are immune to that, oh wait, something something FTX... Anyway, prolly nothing By the way, have you thought about the defi solutions available? volume and revenues of dexes are on the rise, as if displaced crypto traders do not trust cexes no more And personally, defi crypto banks are the only ones I would trust for getting a loan backed by crypto collateral, none of them had any issues throughout this whole cycle, compared to just about every single cefi crypto banks almost all of them went bankrupt, only a few left
The only active one is Camelot on Arbritrum, stepped away from the whole space, back to the ES for me.
I wish you the best in your trading of ES and tradfi and hope you'll come back to cryptos once we have a solid and sustainable bull market Outside of trading and short term investing in crypto assets, a non-0 holding of bitcoin.... for long term... stashed away.... just in case