😁 Is the future head of the Fed and a portfolio with shields – all good?
A curious detail has emerged about Kevin Warsh – one of the candidates for the Fed chair from Donald Trump.
He submitted a financial disclosure, and it includes not just the classics like funds and bonds. Among the assets, crypto popped up, and not just some “bitcoin for show,” but a solid lineup of altcoins.
Among them: #Solana, #Optimism, #dYdX, #Blast, and a bunch of other projects – a total of around 30+.
And the most interesting part – it’s not the ideal portfolio of a “smart investor.” There are some downright questionable picks. Like Blast, which was initially pumped on hype, but then it took quite a dive.
So, the situation is ironically rich: a person who could potentially manage the dollar system was diving into some pretty risky crypto plays. Essentially – playing the same game as regular traders.
And this illustrates a simple truth:
even at that level, there’s no “secret market understanding” where all trades are in the green. Everyone makes mistakes.
#crypto #defi #solana #Investing
Subscribe if you want to see the market without illusions.
A curious detail has emerged about Kevin Warsh – one of the candidates for the Fed chair from Donald Trump.
He submitted a financial disclosure, and it includes not just the classics like funds and bonds. Among the assets, crypto popped up, and not just some “bitcoin for show,” but a solid lineup of altcoins.
Among them: #Solana, #Optimism, #dYdX, #Blast, and a bunch of other projects – a total of around 30+.
And the most interesting part – it’s not the ideal portfolio of a “smart investor.” There are some downright questionable picks. Like Blast, which was initially pumped on hype, but then it took quite a dive.
So, the situation is ironically rich: a person who could potentially manage the dollar system was diving into some pretty risky crypto plays. Essentially – playing the same game as regular traders.
And this illustrates a simple truth:
even at that level, there’s no “secret market understanding” where all trades are in the green. Everyone makes mistakes.
#crypto #defi #solana #Investing
Subscribe if you want to see the market without illusions.