Top FinTwits for August 2021
Welcome to August 2021!
If a month starts on a Sunday, that month will always have a Friday the 13th. This year is no exception, in 2021, the 13th of this month is a Friday.
Historically, August has always been a month that starts off weak and among the worst months of year for the stock market. But before we plunge into August depression, here are the best FinTwit pearls to cheer up your mood.
Repeat with me, August will be the best month! Otherwise, Dave Portnoy will start to hate you.
I hate people who give up on Summer in August. August is prime summer. Don’t give up. Don’t ever give up— Dave Portnoy (@stoolpresidente) August 2, 2021
If your bitcoin advisor hasn’t warned you about the myriad dangers permeating the crypto world yet, fire them - Dan Held.
If your financial advisor hasn't recommended Bitcoin yet, fire them.— Dan Held (@danheld) July 30, 2021
And another one from Dan Held to make the whole Treasury Department chuckle: Only invest in Dollars what you are comfortable losing.
Only invest in Dollars what you are comfortable losing.— Dan Held (@danheld) August 1, 2021
A quick reminder, it is still a criminal offence on your part to go into a restaurant and order a meal with the intention of not paying for it. However:
Venmo flagged my $43 dinner payment for a "compliance review"— Bachman (@ElonBachman) July 28, 2021
New World Order is laaaaame
You heard the news we broke: Jack bought AfterPay. FinTwit still cracks some jokes.
So is Square acquiring Afterpay in 1 payment or 4 installments?— wsbmod (@wsbmod) August 2, 2021
Crazy that Square is buying Afterpay for $29bn when they could do it in four easy zero-APR payments if $7.25bn apiece.— Byrne Hobart (@ByrneHobart) August 1, 2021
We had many good laughs together. Thank you, Ramp Capital!
This photo from Lollapalooza will elicit 2 different responses: Triggered or FOMO or both pic.twitter.com/OEtaOuaJHM— Ramp Capital (@RampCapitalLLC) August 1, 2021
China is closing, again?
Jennifer Zeng 曾錚 posts:
This is a big deal. China watchers, investors & policy/decision makers, pay attention: CCP has stopped issuing ordinary passports & other entry & exit documents if u don't have "essential or emergent reasons". This means the CCP is closing its doors again.
This is a big deal. #China watchers, investors & policy/decision makers, pay attention: #CCP has stopped issuing ordinary #passports & other entry & exit documents if u don't have "essential or emergent reasons". This means the #CCP is closing its doors again. pic.twitter.com/sQk3aiW5dt— Jennifer Zeng 曾錚 (@jenniferatntd) August 1, 2021
MILLIONS LOCKED DOWN IN CHINA IN WORST COVID OUTBREAK SINCE WUHAN AS DELTA VARIANT SPREADS— MONEY CHINA (@money_china) August 2, 2021
Tokyo 2020 campaign is in full swing, Bored Elon too:
We will begin fielding an Olympic team to represent Mars. Our main events to start will be the ones that involve holding your breath.— Bored Elon (@BoredElonMusk) August 1, 2021
As Bitcoin briefly tumbles below 39,000 again, Jack reminds us that crypto markets are crypto:
Bitcoin is Bitcoin.— jack (@jack) August 2, 2021
(and that’s all it needs to be)
Did you know that one of the first Amazon orders came from.. Bulgaria?
One of Amazon’s first customers paid with cash in 1995:— Jon Erlichman (@JonErlichman) August 2, 2021
“They took two $100 bills and put them inside a floppy disk. And then they mailed us the floppy disk.”
Many traders develop an emotional attachment to the stock, learn to master your emotions.
You become very dangerous when you learn how to control your feelings.— Billionaire Mindset (@thehustlefactor) August 2, 2021
Another meme becomes reality at Tokyo Olympics.
Meme become reality pic.twitter.com/jXvRkLNPq7— Grinding Poet (@GrindingPoet) August 1, 2021
So, crypto enthusiasts say $28 billion tax plan in the infrastructure bill poses an 'imminent threat' to cryptocurrencies:
My tax return after doing 28,048 trades to make a total profit of $12.85 pic.twitter.com/15yspsPvAw— Hard Money (@hardmoneymag) August 2, 2021