“Hey — I know back in 2020 and 2021, no one who traded crypto even knew what jobless claims or FOMC meetings were. But, what if all we do is write macro research going forward, and we start exclusively catering to the smallest, dumbest, most irrelevant investor group on the planet who only understands momentum trading —- and we completely ignore all of the assets with cash flows and buybacks that real investors might actually care about? Who’s with me?” —- actual transcript from a secret meeting between all crypto exchanges, brokers and asset managers in 2022. Consider me shocked that this strategy isn’t working. Can’t believe no one is stepping into buy …. We spent 5 years telling a bunch of momentum monkeys that all digital assets trade the same based on macro factors. Surely someone will go against the trend right?

Jeff Dorman
@jdorman81
03-13
The majority of investors buy corporate stocks, bonds, & R.E. A TINY few buy commodities & currencies. So why is crypto focused on catering to the tiny sliver of CTAs, macro funds & fast money traders? It’s illogical More education needed on revenue companies with tokens
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments