It should come as no surprise really that I've been having trouble writing posts lately. In fact I was having trouble remembering even the word for "inspiration" in the first place. Is it "motivation"? No, that's not right. Inspiration, yeah... so I can't even verbalize what's going on with me very well at the moment. I'm sure you know the feeling.
It's times like these I always like to reminisce on the fact that writing was one of my least favorite subjects in school. In fact I'm quite certain that the reason I don't have a computer science degree today (among all the other reasons) is because I received a C- in RWS 101 and that grade did not transfer to another school later down the line. RWS... that's Rhetoric Writing Studies 101. Kinda funny that the "art of persuasion" was my downfall there. Now I just kind of do that for fun.
I think it really comes down to forcing students to write about topics that they could not care less about. The life was sucked out of academia a long time ago with their standardized tests and focus on the same content over and over again. Do I really need to "learn" about the holocaust for the 13th time and watch Schindler's List in class? Apparently so! What a weird thing to be rattling around in my brain rent-free for the last 23 years.
"Imagine you wake up one morning to find that your town has been mysteriously transported to a different time period (e.g., the 1800s, the distant future, or a historical era of your choice). Write a short story exploring how you and your community adapt to this new reality. Describe the challenges you face, the interactions between modern and historical/futuristic elements, and how one specific character (you or someone else) grows or changes as a result. Use vivid sensory details and dialogue to bring the story to life."
I asked AI to give me a writing assignment suitable for an 11th grader. Like... yo! I don't care. I immediately want to troll this prompt and talk about how I was gold-panning during the great Californian gold rush back in 1849 but I spent all my earnings on whores and gambling.
That was the kind of shit that would just pop into my head on a prompt such as this, and I'd have to spend 10 times longer trying to write something more appropriate (and boring) so that I could get a passing grade (or worse yet be forced to rewrite the entire paper from scratch). Sometimes I wish I had been braver back in those early days of my youth and just said whatever I wanted to say but that really just not was my personality... or perhaps they'd beaten my personality out of me and turned me into a mindless drone! I don't like to think about it!
Part of the reason why I'm so low-energy lately has to be the fact that many of us had pretty high expectations for the four year cycle and 2025 being a killer time for the entire industry. And thus far it's been pretty okay for Bitcoin but everything else is pretty meh as dominance has been slow-grinding upward for 3 years straight.
Current analysis of the above chart also looks quite annoying in the immediate short-term. We are stuck under the MA(25) and that line has completely flattened out which is a terrible reversal signal... on top of the fact that the pattern is clearly a bearish head-and-shoulders. It seems that a return to $100k support is inevitable... probably $99k or $98k just to terrify and freeze out all the unit-bias junkies.
I've marked the June 11th full moon on the chart with the orange circle there, and it just so happens to fall on the crossing of the two biggest support lines on the chart. What a coincidence! The uptrend hits $100k on that day. I'd say anything inside the circle is a buy and will be looking to increase my long position there substantially.
I'm also going to swear off trading alts again for a while because I've taken another completely needless loss on that front. It seems like every time I make some good money on a Bitcoin trade I piss it all away on some bonehead alt-move. I'm suddenly reminded of all the accomplished poker players in the cardroom pissing away on their winnings on other forms of gambling like horse racing and such. It's time for me to stop betting on the ponies... damn it!
I've also potentially agreed to be on a podcast thingamajig every Wednesday at 2 PM eastern time. Although I do dread the commitment of such a thing and might not do it that often. Then again having a schedule is usually a good thing for me and may be the only reason I woke up and wrote this post right away. It is Wednesday now but I'm seeing very little chatter so more on this next week I guess.
