We’re closing in on the end of the 18.6-year Real Estate cycle so it’s not too surprising to see folks dumping some (or all) of their portfolios.
Not surprising to this is starting to happen. Though anecdotal at the moment, I expect this to accelerate, resulting in monetary premiums being sucked out of other asset classes in the medium to long term (Gold, Equities, R/E) Because Bitcoin market cap is so tiny compared to real estate, it will be…
Focus. Discipline. Having a plan. Trading isn’t what you think it is. It’s certainly not what I originally thought it was. It’s much harder.
Next to parenting, short term trading is the most difficult thing I’ve ever done./
Some people don’t understand Bitcoin. Others have studied it and learned about decentralization, scarcity, and more.
Have you?/
Builders FirstSource is breaking down. It’s one of the worst that we’re watching. A few others are in a bit better position, but not far behind.
Broke a major 50%
Broken multiple monthly swing bottoms
This is what we’ve come to expect at this stage of the 18.6-year global Real Estate cycle./
