Fat fingers not an endorsement of crypto, I assume:
Tom Lee says today’s weakness looks just like October 10th
- A stablecoin pricing error triggered the biggest crypto liquidation ever - Nearly 2 million accounts were wiped out and liquidity collapsed - These unwinds usually take 8 weeks and we are 6 weeks in pic.twitter.com/RYGgOOpAVK
— Tom Lee Tracker (Not actually Tom) (@TomLeeTracker) November 20, 2025
For the record, anything you held onto for more than the next month (March, 2025) would be under water (losing you money) and by a real lot.
For example, from the day you posted that, the ETF lost 2/3rds of its value. Ouch!
From 11/8/2025
So what exactly is your point?
My point is that the fund you are touting has been prone to massive downturns.
Here is a simple fact, and you can interpret it as you wish: From the date you posted that you sold some SMST and were holding onto when you claimed you "still had plenty left", it has lost 53% of its value.
Crypto nonsense. Might be true, maybe not. Who cares?
It's not even anything credible like bitcoin or Etherium.
11/5/2025
This was made in reference to a tweet you posted:
Today was the worst day of my life financially.
Over $9,000,000 GONE. Instantly.
Typing this feels like ripping open a wound that’s still bleeding. But I’m posting it because this space needs more honesty. You see the wins, the 100x calls, the yachts, but you rarely see what… https://t.co/QzjtHKjsZGpic.twitter.com/xLKOF7LlPF
I said the guy was investing in crypto garbage, not even anything as credible as bitcoin or etherium.
Here are the facts that prove what I said, an AI Search query:
AI OVerview wrote:
"Chen," a "BNB tycoon" and Analyst An individual referred to as "Chen" (also potentially "Dean Chen," an analyst at crypto exchange Bitunix) has traded in the following: BNB (Binance Coin/BNB Chain's native token): Chen held significant amounts of BNB, gradually investing in it when the price was between $300 and $500. He recently sold 20% of his holdings for profit. Other platform coins/Altcoins: After selling a portion of his BNB, he invested some funds in other platform coins and has also tested the waters with small positions in various altcoins and Dogecoins. Meme coins: He placed a small portion of funds in a "new hot meme on the BNB Chain". Catherine Chen (Head
And I only said who cares if some nutjob lost his shirt trading speculatve garbage few have ever heard of.
Do you care, and if so, why? No one here trades that junk.
I will give you a comment, the Republicans that you hate so much passed a tax cut 12/2017 that boosted S&P 500 EPS 10-20%, and cut individual rates the same. The National Debt doubled in the intervening period.
Yours is a totally disingenuous and nasty post.
Based on relatively current information, you have been nothing but wrong the last three weeks.
:-)
Maybe you overlooked it yesterday when I tried to explain we have very different objectives.
My exact quote yesterday: "I'm a long term investor so totally different set of considerations at play there."
Again, I am talking about investments in the framework of longer durations than you, and that is again demonstrated by you pointing out how something has performed over "the last three weeks."
As for the national debt and the other factors impacting stock prices, I agree with you - the surely have. But that is the way these things get run and continue to be run, and that is that. The reason that something performed the way it did is fine, and I don't care - I am just talking about performance. Period.
I tried to pick the bottom for Etherium this morning, but when it became apparent that it wasn't going up, I dumped it, about even on the trade. Then it continued dropping throughout the day.
Agreed and my argument has never been against stocks or passive investing. My argument is that at this valuation the 10 year expected return in stocks is quite low, on the high side dividend income only. Hey if you are young and can truly stay invested when down 50%, then good for you. If you are 60 and allocated to 60/40 stock/bond portfolio, plan on working longer.
Igy
The above post was made 8 years ago, on 5/23/17.
The S&P 500 is up +178% since then, which calls into question the projection made by the poster, and certainly higher than "dividend income".
Here is the graph depicting the rise of the S&P 500 duting that period, not including dividends:
Our life experiences and investment goals are varied, and little is static in time. My post was totally appropriate for my personal experience. On January 20, 2018 at age 67 I was diagnosed with Follicular Lymphoma 3a, an aggressive form of non-Hodgkins Lymphoma. I spent the remainder of the year fighting the disease through four and a half months of RCHOP chemotherapy followed by a month of radiation therapy. I worked throughout the period, and one may find some reference here to my experience in the year following the referenced post. Covid hit with a market low March 2020, and I retired six months later. At my lowest moments I would have always chosen less investment risk, not so much for myself, but my family. I prayed just to make it another three years. For 20% of patients with my disease the path is transformation within 24 months, and a negative outcome.
That summarizes about all I have to say on the subject.
This post was edited 9 minutes after it was posted.
$BTC has taken out its longer-term #bullish trend line. However, it is now deeply oversold on both a momentum and relative strength basis. A bounce is becoming much more likely here soon as a lot of the leveraged #Bros have been #liquidated. pic.twitter.com/2cDW0BzFos
Our life experiences and investment goals are varied, and little is static in time. My post was totally appropriate for my personal experience. On January 20, 2018 at age 67 I was diagnosed with Follicular Lymphoma 3a, an aggressive form of non-Hodgkins Lymphoma. I spent the remainder of the year fighting the disease through four and a half months of RCHOP chemotherapy followed by a month of radiation therapy. I worked throughout the period, and one may find some reference here to my experience in the year following the referenced post. Covid hit with a market low March 2020, and I retired six months later. At my lowest moments I would have always chosen less investment risk, not so much for myself, but my family. I prayed just to make it another three years. For 20% of patients with my disease the path is transformation within 24 months, and a negative outcome.
That summarizes about all I have to say on the subject.
Igy, I am sincerely glad that you managed such a strong and admirable recovery from what must have been a devastating diagnosis and illness.
That is what matters most and everything else pales in comparison.
To your continued good health, and a long and energetic one at that.
Thanks Seattle doing well. I was fortunate to have a disease that was curable. The funny thing was I had no idea there was a problem until a lump appeared on my shoulder.
Thanks Seattle doing well. I was fortunate to have a disease that was curable. The funny thing was I had no idea there was a problem until a lump appeared on my shoulder.
Igy - it was great that you were able to discover it before it was too late and are very happy to heal that you continue to recover. We really enjoy having you around here.
Thanks Seattle doing well. I was fortunate to have a disease that was curable. The funny thing was I had no idea there was a problem until a lump appeared on my shoulder.
Igy - it was great that you were able to discover it before it was too late and are very happy to heal that you continue to recover. We really enjoy having you around here.
Thanks Sally. Likewise. I am the rare poster with bearish view. Buying back some of my shorts today. :-)
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