Cryptwood
2.5K posts

Cryptwood
@Cryptwood1
Tradfi full time, crypto part time. STIR, funding and macro day in, day out. No FA , obviously




GL if you're still shorting $SIREN It's up +750% in 6 weeks. The power of scam coins...

While true, people seem to forget that in commodities there are equilibriums. Yes there’s a transient period where margins are high as prices remain elevated vs costs. But over time, if the price is too high, consumption habits begin to change. That family road trip last summer that you took, you might end up skipping it if gas prices are too high for too long. That new tv you were going to buy you put off to next year because more of your paycheck is going to the gas pump and maybe the price of the TV went up 10% because higher energy prices led to higher input costs. These little changes in aggregate begin to shift the demand profile, and can also happen at a time where much more oil supply begins to come online since an oil project that was unprofitable at $60 could be accretive at $100. Eventually, the increasing supply and diminishing demand can lead to a glut. As many great commodity analysts have said, all shortages are followed by gluts. And so, after that period of high margins, the hangover shows up and you end up paying the piper. This whole example is why many prefer a steady equilibrium at a price that balances supply and demand sustainably. It also showcases why if you’re a huge oil bull to not overstay your welcome. Being long oil is in some respects being short human creativity and ingenuity. Eventually this crisis will resolve through human creativity and the natural forces of supply and demand


🚨 JUST IN: Ships are beginning to SAFELY make it through the Strait of Hormuz again as the US military masterfully decimates the Iranian Navy PRESIDENT TRUMP told oil tankers: "SHOW SOME GUTS" "They have no Navy, we sunk all their ships!" 🇺🇸🔥





Oil is still a fade. Also, I'm not your dad.

Oracle dip finally seems buyable.








