I am dumb but not that kind of dumb
. I do have 5-8% shitcoins in my portfolio though.
yeah, something like that.I am approximating that currently I have less than 1% in shitcoins, and between 2-3% in dollars (another kind of shitcoin that surprisingly has been holding its own in recent times).
5% to 8% is not unreasonable at all, even if I have reservations of going that far, I concede that people are different, even though I start to think that more than 10% is starting to become unreasonable and more than 20% is unreasonable.. and then amounts beyond that are devolving into crazy status.. but there are a lot of crazies in this world, so I am kind of o.k. with that, too.
By the way, JSRAW, you are being a little bit coy with the details of your having had caused yourself extra hurting, and perhaps that is more than fair, especially if you are dancing around the topic with OPSec kinds of considerations. If you are doing it for other reasons, then I might just have to call you out as a pussy....
(would that mean that in reality, I am calling myself out as a pussy?.. just a rhetorical question.) #nohomo
Hopefully, you have not depleted from your resources so much that you are not able to withstand some further prolonged downward move in economic conditions, which surely is NOT outside of the realm of what could happen in the coming year or two....
Nah, Pretty much covered for even extended scenario, but yeah time can change anytime and its not in our hands. In case if everything goes down the drain then i do have 2 healthy kidneys for a reason and can live happily with 1...
I kind of have some confidence too, but damned, extreme scenarios could come, but I figure if scenarios get so extreme that I am scrambling, then there would likely be many people who are way worse off than me... absent some lumpenproletariat scenario or even french revolution.. then even though i am not in a kind of ruling party, I could end up getting targeted as one of the off with their heads, peeps.. even though I don't really have ostentatiousness in my wealth, and probably people would not even really realize if I have bitcoin that is not really being shown off in any kind of not fitting in kind of way.
not really attempting to ascribe too high probabilities to Armageddon scenarios, but there may be some areas and people that end up going through greater Armageddon-like scenarios than others, while many people are suffering, some people are suffering worse, and the lines upon which some people are suffering worser than others are not likely to be exactly rational, reasonable, predictable or fair.
True, its already happening in almost every society.
Sometimes the rich don't really seem to realize that they can ONLY push the poor so far before rebellions start to happen... so yeah maybe in some ways, anyone living in the USA becomes a beneficiary of the unfair system that prints money for USA peeps, while it takes a while for that money to ripple to other parts of the world, and yeah, the fucktwats who are printing all the money likely realize what they are doing.
When things get into such a chaotic situation, then money printer go brrrr supporters end up being almost everyone because it seems that there is no other solution when sloppy money practices go on for so god damned long that when another crisis comes, then the ONLY seeming reasonable solution seems to be to engage in more money printer go brrrr behaviors.
I personally believe that there continues to be a lot of on purpose lacking in funding of the pandemic focused solutions, so yeah, those kinds of irresponsible behaviors seem to be on purpose, such as not forcing the production of PPE, testing and medical equipment, and also defunding or otherwise attempting to remove credibility from science institutions whether those are advisors or the WHO... so yeah there can be frustrations, and surely the more poor you are, the more fucked you likely are, but sometimes really poor people might be more resourceful in terms of being able to live through dire circumstances, so if they already do not have any income, then it might not be like they are really being cut more from the irresponsible policies and responses..
Anyhow we are probably not too far off from each other in our thinking anyhow,
especially when we are just two sides of the same coin, so to speak... #nohomo.
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