explaining crypto to the girl at the bar

The trade that I saw make by far the most money in tradfi (2014-2024) was buying megacaps and just not doing anything with your core exposure The setup is similar for crypto today, with two assets institutionalizing and the rest of the market looking for a reason to exist

Something about the tradfi psyche that isn't as prevalent in crypto is that traditional investors have a much more thorough due diligence process, which isn't always the case when trading crypto. Most of the time, you're aping coins based of balls tingling or you like the chart.

Timeline is scared. We vibe. 59k BTC would be pretty sweet.

He’s speaking for the whole midcurve on this one. We placed most of our bets in the bear market, and supporting fantastic founders. We will continue to do that. Yappers will keep yapping..

0.3% range. We’re making progress during this fine Saturday.

I like Kang, but how on earth are you basing tradfi sentiment on Balchunas interest? Makes no sense. It’s irrelevant and says nothing about the overall interest. Otherwise some good points in his post, even if I don’t agree.

Addition to this: most of CT don't own Bitcoin or Ethereum. Irrelevant to check sentiment here for those assets.

Also reminder to move stables / the asset you convert profits to, into a cold wallet that have zero contracts interracted with it. Don't get complacent and give back your profits because of laziness in this bull market.

Most bullish scenario here outside of range low bounce, is probably a sweep of 56k liquidity, then reclaim 1D bullish trend (58.5k) + establish ground above it for a bit. This type of news we got today usually takes some time to resolve, especially when we have new participants

Might have to sweep more Milady's to take advantage of market weakness. They always do well during schizo periods.

Happy BTC 50k’s. Missed you. x.com/chrisgrxz/stat…