When I started buying a bit of crypto years ago, my strategy was roughly: buy the top 20+ market cap-weighted tokens, but exclude stablecoins and memecoins.
When I miss out on fads like Dogecoin, it doesn't bother me.
Memecoins (and fads in general) aren't interesting to me. I'll let those rise and fall.
I AM still curious to learn more about the relationship of BTC (and other big ones) and USD.
E.g. Bitcoin lovers love to say that BTC will hit $1M, but I worry about what the world would need to look like for that to happen. It might not actually be a dream scenario. It would be great if you could explore this.
Agreed it seems that it would all be relative. If BTC were $1M then what do all the other assets look like? It would seem to mean that all assets have inflated and you only hope BTC outpaces them.
An excellent question. I’ve heard others say that it would be a hellish economy and that million would be worth about 25000 in today’s dollars. I also say no chance the us govt allows average Joe to become a millionaire from a coin they can’t take from me
Hates on Memecoins and gambling. Shills sponsors who directly support it. 🤣 go get em pomp
Thank you for your feedback,for more information on how to be successful ,WH'AT'S'AP'P ME —十𝟭 (𝟲𝟬𝟵) 𝟯𝟱𝟭-𝟵𝟴𝟲𝟭
✍🏻✍🏻📥👇🏻👇🏻
https://t.me/ThePompLetter
✍🏻✍🏻📥👇🏻👇🏻
https://t.me/ThePompLetter
When I started buying a bit of crypto years ago, my strategy was roughly: buy the top 20+ market cap-weighted tokens, but exclude stablecoins and memecoins.
When I miss out on fads like Dogecoin, it doesn't bother me.
Memecoins (and fads in general) aren't interesting to me. I'll let those rise and fall.
I AM still curious to learn more about the relationship of BTC (and other big ones) and USD.
E.g. Bitcoin lovers love to say that BTC will hit $1M, but I worry about what the world would need to look like for that to happen. It might not actually be a dream scenario. It would be great if you could explore this.
Agreed it seems that it would all be relative. If BTC were $1M then what do all the other assets look like? It would seem to mean that all assets have inflated and you only hope BTC outpaces them.
✍🏻✍🏻📥👇🏻👇🏻
https://t.me/ThePompLetter
An excellent question. I’ve heard others say that it would be a hellish economy and that million would be worth about 25000 in today’s dollars. I also say no chance the us govt allows average Joe to become a millionaire from a coin they can’t take from me
✍🏻✍🏻📥👇🏻👇🏻
https://t.me/ThePompLetter
Thank you for your feedback,for more information on how to be successful ,WH'AT'S'AP'P ME —十𝟭 (𝟲𝟬𝟵) 𝟯𝟱𝟭-𝟵𝟴𝟲𝟭
I agree with much of what you said here.
For any1 interested, here are my Feb PCE estimates that might help ease uncertainty about what Powell might say today:
https://open.substack.com/pub/arkominaresearch/p/feb-2024-pce-estimate?r=1r1n6n&utm_campaign=post&utm_medium=web
So the governments are just as stupid as the gambling public... that's great... just great...
The meme-rally is intense. I have gone from crying to laughing, acceptance. Reality is insane, atm.
Thank you for your feedback,for more information on how to be successful ,WH'AT'S'AP'P ME —十𝟭 (𝟲𝟬𝟵) 𝟯𝟱𝟭-𝟵𝟴𝟲𝟭
✍🏻✍🏻📥👇🏻👇🏻
https://t.me/ThePompLetter