🛢 Harsh Market Math
If you had just bought oil futures 10 days ago, in terms of returns, it would have outperformed holding Ethereum for many years.
📈 While crypto enthusiasts were waiting for alt season, there’s a story going around that Barron Trump entered oil for about $30 million even before the escalation around Iran.
After the price surge amid the conflict, the position was allegedly closed at around $70 million.
Against this backdrop, the market looks incredibly ironic:
crypto enthusiasts wait for multiples for years, while commodities sometimes deliver them in just a couple of weeks.
Ludicrously, they still say that it’s hard to make money under Donald Trump 😁
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