And I thought nobody could ever beat Carter for worst Preezy evahhhh! … then,
as I predicted back when he STOLE the election, here comes this Joker, where
it’s only taken 6 months for him to literally wreck the country … how many ways
do you want me to name? … and it’s only gonna get worse ‘till the “Manchurian
Candidate” VP figures out how to propagandize his exit … room temperature or
the home? … but here’s the dilemma Libtards face … 1) nobody but nobody
likes or respects her, and everybody in the Swamp knows she got where she is
by lying “horizontal” for Willie Brown … no brains and even less common sense,
she’s a bigger train wreck than Preezy Idiot Boy … seen her lately? … umm, no
you haven’t, and there’s a reason, cuz she’s detestable with her hubris and
arrogance, and comes off as even a worse Hag than Cankles Clinton … 2) If
Idiot Boy did exit, and she becomes Preezy, then there’s no VP, and the Senate
would have to vote to get a new one … well, at 50/50 and no tiebreaker cuz she’s
gone, not only would there NOT be a VP acceptable to Repubs, Cocaine Mitch
could tie up every piece of Libtard legislation forever! … now what? … so, they
wanted him so they got him, enjoy the LOSING! … and all of this will play out in
markets for sure … you haven’t seen the last leaded shoe drop and hit markets
yet by a long shot.
In looking over the data the last couple of weeks, as it pertains to crypto,
especially BTC & ETH at Turnkey, a couple of things stand out … 1) BTC is by
far the more volatile pair, and even WITH occasional mispricing from
second-to-second, Turnkey is either the very best place in the world to trade
BTC via the LOWEST COST TO TRADE [spread + commissions], or IT’S NO
WORSE than the most competitive “open order book” [OOB] platforms out
there … unless of course, you trade in excess of about $500,000,000+ worth of
Bitcoin per month, and then your “gas fees” [commissions] go way down via
volume discounts and you MIGHT have a better deal … but, we ain’t close to
trading 500 large so what’s the point? … and 2) while BTC rarely gets mispriced
in excess of OOB platforms, the same can’t be said of ETH, and so why trade it
then? … quite often ETH can get 2X+ MORE EXPENSIVE at Turnkey versus
OOB platforms, and it doesn’t take much in terms of price movement to see that.
From the perspective of the way markets move across the spectrum, there’s
basically BTC and then there’s everything else … quite frankly, you have to
recalibrate your brain to realize that BTC moving $100 is like anything in FX
moving 2 or 3 PIPS, or gold going up/down 30 or 40 cents, or even “Stock
Bellies” moving a few index points … cuz when you first start watching and
trying to analyze it, the moves can leave you going, “Whoa! … WTF is that!”,
when in fact it’s just behaving regularly … hell, even when it’s “slow” it moves.
Neither Cable, gold, or the SP500 is moving the way I want them to, meaning
there is not the UP / DOWN “trading” movement that’s desired … they all are
either dead in the water, or they’re on some “speed of light” straight UP / DOWN
bender, that when it’s over turns into the “Loser Formation” … and what’s really
disappointing to me, and reinforces in spades that traditional markets are
manipulated beyond belief every minute, is this last week saw market moving
news that should have moved markets significantly, but didn’t … you really have
to wonder if FX can ever move again ANYWHERE, like it used to … gold playing
dead the entire week, it might as well have been closed … and “Stock Bellies”,
notably the “Spoos”, down slightly overall, but with everyday in New York a
buying frenzy by the BTFD cult … in a week in a sane universe that should have
seen the SP500 down multiple hundreds of points … and all the while neither of
these 3 markets doing Mr. Jack Squat in the European session, where again it
might as well have been closed for all the good it did traders … granted it’s
August, but this is ridiculous.
And while I keep my eyes fixed on what they’re doing, I’m gonna give Turnkey’s
BTC another shot, especially since from a TOTAL COST TO TRADE STANDPOINT
I can’t really go wrong … it’s either better or at worst the same … here’s to the
“Crypto KIng”, long live the King!
I’ll have the 20 Day MA grid for markets up next week … Onto the week
… outta here … “the future looks so bright, I need sunglasses”! 😎
… Onward & Upward!!
-vegas
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