#Portfoliogone 👍 | Ashwini Roopesh on Binance Square

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#Portfoliogone 👍

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Ashwini Roopesh

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Sometimes long short crypto position can be cruel even to INSIDERS. A whale who opened $206.1M $ETH is sitting on -$25.78M loss.

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S&P analysis of 9,000 companies worldwide finds the real cost of tariffs and other corporate costs: $1.2 trillion #Tariffs are leading a trillion dollar corporate squeeze, most of which is inevitably FALLING on CONSUMERS’ shoulders. Yes you read that RIGHT. “Tariff-sensitive categories like furniture, apparel, electronics, and household appliances are heavily consumed by younger families and middle income households outfitting homes and raising children." - Christopher Hodge, Economist. However, this statement is called living in denial - “The President $TRUMP and Administration’s position has always been CLEAR: while Americans may face a transition period from tariffs upending a broken status quo that has put America Last, the cost of tariffs will ultimately be BORNE by foreign exporters" - White House spokesperson Kush Desai.

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Nvidia CEO Jensen Huang - “At the moment, we are 100% OUT of China. We went from 95% market share to 0%. I can’t imagine any POLICYMAKER thinking that’s a good idea, that whatever policy we implemented caused America to LOSE one of the LARGEST markets in the world to 0%." $TRUMP administration has tightened controls over AI accelerators sold to China as part of a strategy to limit Beijing’s access to cutting-edge semiconductors. At the same time, China has instructed it's Tech industries to go local. But Huang’s comments highlight how quickly the dynamic has shifted on the ground.

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Billionaire Mark Cuban Said The First Step To Getting Rich 👇 "Save your money. Save as much money as you possibly can. Every penny you can. Instead of COFFEE, drink WATER. Instead of going to McDonald's, eat Mac and Cheese. Cut up your credit cards. If you use a credit card, you don't want to be rich," 🤐 His point? Every dollar unnecessarily spent is a dollar that could be working for you. If you're serious enough about building wealth, your priority should be SAVING as much MONEY as possible. But where should that saved money go? Cuban warns against locking it away in long term investments like stocks or retirement accounts, at least in the EARLY stages. "The first step to getting rich is having cash available. You aren't saving for retirement. You are saving for the moment you need cash." - This statement is very relatable when you see the dip and can't buy $BTC or $ETH Like it or not - ‘Cash is King' for Ultimate Wealth Building - When the market crashes and prices drop rapidly, those who saved aggressively and have cash on hand can buy assets at a massive discount. Invest in Yourself, Not Just the Market - "Find the one you love the best and GET A JOB in the business that supports it," he advised. "It may not be the perfect job, but there is no perfect path to getting rich." Beyond just saving money, Cuban's second rule for getting rich is simple: become an expert in something. Whatever your passion, industry, or skill set is, learn everything there is to know about it. - So very true.

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‘It’s a BAD IDEA’: MAGA lawmakers OPENLY admit $TRUMP foreign policy no longer ‘AMERICA FIRST’ Regarding bailout of Argentina, sparked by skyrocketing inflation and rising debts in the country following the election of its new president, Javier Milei and a strong ally to Trump, some of this fanbase are not happy 👇 “We’re $2 trillion short this year, and the idea of sending $20 billion to another country when we’re short, when we’re facing a government shutdown, because we don’t have the resources for the people in our country, I think it’s a bad idea. I’m not a huge fan of bailouts. Let’s see where that ends up. My gut reaction is always be skeptical." - Sen. Josh Hawley (R-MO) “This does seem to be a deviation from a pure ‘America First’ foreign policy or launching targeted strikes on suspect drug cartels headed toward the United States. - Sen. Todd Young (R-IN) “You can’t just bl*w up boats of people who you don’t even know their name. In fact, you all should be asking the White House, what are their names and what is the proof that they were involved in this crime? They’re accused of something, we basically are summarily executing people who are accused of something. It’s a terrible idea.” - Sen. Rand Paul (R-KY), has outright rejected Trump’s use of the military to target suspected drug cartels. Let me tell you in simple words, just no enquiry, no questioning, no court system, no fair trial as #TRUMP is attacking the boats just because someone told him that it carries some illegal stuff.

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