Today’s Nuggets
Bessent Big on â‚¿itcoin & Blockchain
Miners Forced to Capitulate
Sweden is Looking at BTC Reserve
Tariffs Highest Level Since 1909
â‚¿itcoin Moving to Monetary Role
Uncle Larry Says Buy!
Goldman Scraps Recession Forecast
China Fell Into the Trap
I occasionally speak about how there are 10 days a year you want to be in the market, and indeed, Wednesday was one of those days.
I realize we have been through hell for the last few weeks, and 2025 has been very bumpy. I will now cover some philosophical stuff about the game of investing and markets. I believe it is very much a game of balancing risk and reward and playing around with things like layers while seeing through a lot of the noise.
Investing can be likened to a game of chicken between players (investors).
We all push the boundaries of risk and dare ourselves. Sometimes, we get scared and at other times, we become euphoric. The question is to see who flinches first.
Philosophically, this is all about playing probabilities and having courage. You do not win by avoiding risk. As I always say, scared money don't make money and pick the risk which suits you and see through all the noise.
This current Tariffs drama is just a game of chicken, and there are a lot of investing rules here that are very important.
We will start with some of the Bitcoin news before we get into why Bitcoin has gone up nearly $8,000 today and is about to hit $83,000. Risk happens fast, as it was at $74,500 this morning. There are certain days you need to be on the train, and this was one of those days.
Here is a link to our Bitcoin-only playlist:
https://www.youtube.com/playlist?list=PLWTRLGkkf1kTTbIDdv-P6ykul7a8iUXYf
The short-term holder whales are just off an all-time high.
They went up as high as 1.435 million. When you compare the current short-term holder whale bag size, it is higher than historical sizes. We have new players coming into the fold, which is extremely good news.
Bessent is now the most important banker on the planet after Larry Fink because Bessent is the banker of the United States.
This guy is incredibly important, and much of the stuff happening is from this guy, who is a self-made billionaire. The U.S. now has people calling the shots who know how to make money, know how to run money, and know how the world works.
We have already seen huge changes in the SEC, with many rules and regulations being kicked out the window. Good things are coming!
I always talk about
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