Money since 1971 moved to a layered technology.
Medium of exchange moved to paper currency.
Store of value moved to assets - stocks, real estate, bonds, commodities, collectibles...
Unit of account got gaslit.
The people that didn't understand this got poorer.
There are times to chase gains, and times to protect them so they can compound over the long run.
Most people struggle with the first part, and even fewer succeed at the second. But that’s what separates successful investors from the rest.
As we move forward, your focus should
$BTC dominance is trending down again after 4 years. To me, this indicates we are approaching the end of the cycle, the euphoric phase for many altcoins.
There are still a few months left to capture upside opportunities. Stay long, and may your alts rise the most.
Pump revenues are impressive
Yet, the website itself lands into a cesspool of cancerous popups, rugs, and casino gamified interfaces. I do have a bag, and the only way not to fumble it is to focus on revenues. As an older generation unc, the product is an abomination.
$BTC Significant deleveraging, Open Interest has been completely wiped out and now is back at the lows when price was trading around 107k - 108k levels.
Next move will be from fresh positioning and not from unwind of weekend positioning like always.
I’m buying bitcoin to escape the rat race. I’ve seen what happens when you don’t own volatile assets that go up. It’s 40 years of a miserable livelihood followed by retirement and a meaningless existence before death. Doesn’t have to be this way. Buy Bitcoin.