It’s all over the news. The U.S. housing bubble, the stock market bubble, and now the crypto market bubble. In fact since the onset of the 21st century we have seemingly stumbled from one market bubble to the next.
(more…)Bubbles Galore
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Why I Cashed Out
On Tuesday morning, I closed my my crypto positions at Kraken, wired all my profits to my checking account, and let the original principal remain at Kraken in plain old cash. I’d like to explain why.
First, here is what the crypto market (represented by Bitcoin) and the stock market (represented by the SPY) were doing until a few months ago. It doesn’t matter which is which; the point is that they each went their own ways.
Real Pain, Virtual Losses
Ten Billion Dollars. No, that isn’t a demand from Doctor Evil. It’s the diminishment in account value I’ve had in my virtual portfolio since October 29th, and that is by far the biggest drop ever. It vividly illustrates what a horrific time the bears have had in November. Just a nightmare.
Trillion Dollar Tesla
Teslas getting charged in a Wawa parking lot on Tuesday. Four are pictured, but there was a fifth off-camera to the right. The ubiquity of Tesla vehicles on the road should have given Tesla bears pause. Photo via author.
(more…)Crashed Out
In recent days, waking up has been like Christmas morning, since I’d turn to my iPad when I first opened my eyes and see what happy news awaited me from crypto-land. This morning was more like a stocking full of coals. I present to you my SlopeAlerts account:
