But as i read on social media so many times since 2020 "Michael Saylor is an idiot" right?
He's still an idiot, right?
I mean an obvious limited supply, solid asset backed by nothing (cough cough USD cough), with possibly the best 'store of value' properties in history will disappear to $0 right?
I’m a crypto newbie. I understand the technology, but have not invested yet. What are people’s opinions about what price point is good. Is there a dip coming? I’m probably in for about 200k to start.
I still believe the crypto cycle timeline still exists to some extent. BTC... then ETH... then major alts(SOL, XRP(which seems to have moved up to ETH status))... then next level down(Litecoin, AVAX, etc.)... it will move into true degeneracy eventually(gaming as e.g.) where most get burnt as it is fast and short lived with all the "influencers" telling everyone "there's still massive upside"... and crashing down we come!!
As John says, choose wisely, be very careful, and be very wary of anyone talking 50x or 100x, or even 15x for that matter. Honestly Ben Cowen is probably the most feet on the ground YouTube guy there is, his analysis is Indepth and definitely won't lead you towards Degen activity but deep down he knows that the speculative shift into Alts will happen (for me proof of this is the way meme coins have been acting this yr), shit it's why casinos exist.
Disclaimer: this is wild town of the crypto market's, don't put your hand over the flame and think you won't get burnt!!
Yeah I cant help but think its all still gonna happen. Timelines have been skewed for sure, but speculative degeneracy is still alive. you know.. global M2 and all that. People wanting to twist out of BTC into memes and gaming etc etc. You've seen it before and you'll see it again. Make no mistake.. I've been asking the same questions but at some stage a calculated risk might be on the table esp if the bigger Alts bolt. Strap on your 6 shooters again mate, life's for living!!
But as i read on social media so many times since 2020 "Michael Saylor is an idiot" right?
He's still an idiot, right?
I mean an obvious limited supply, solid asset backed by nothing (cough cough USD cough), with possibly the best 'store of value' properties in history will disappear to $0 right?
I mean us Schiff(ies) need this!!
⭐
I’m a crypto newbie. I understand the technology, but have not invested yet. What are people’s opinions about what price point is good. Is there a dip coming? I’m probably in for about 200k to start.
Serious question..
Do "alts" still exist?
Talking about irrelevancy here.
Of course they do. Just choose wisely. There is alot out there
Sure. But if ETH and Solana haven't moved "significantly" in ages, then perhaps we've got to start asking some questions.
I still believe the crypto cycle timeline still exists to some extent. BTC... then ETH... then major alts(SOL, XRP(which seems to have moved up to ETH status))... then next level down(Litecoin, AVAX, etc.)... it will move into true degeneracy eventually(gaming as e.g.) where most get burnt as it is fast and short lived with all the "influencers" telling everyone "there's still massive upside"... and crashing down we come!!
As John says, choose wisely, be very careful, and be very wary of anyone talking 50x or 100x, or even 15x for that matter. Honestly Ben Cowen is probably the most feet on the ground YouTube guy there is, his analysis is Indepth and definitely won't lead you towards Degen activity but deep down he knows that the speculative shift into Alts will happen (for me proof of this is the way meme coins have been acting this yr), shit it's why casinos exist.
Disclaimer: this is wild town of the crypto market's, don't put your hand over the flame and think you won't get burnt!!
Thanks, Dion.
I have been in crypto since 2017 and seen a few cycles before (plus, worked in the industry). I'm *not* speaking from inexperience.
Projects, "influencers", regulations, scams..
Rising and falling..
Something seems different this cycle with institutions and derivative products.
Reading the markets used to be more "straight forward", but maybe it just requires a new perspectiva, a new set of skills and more patience.
Yeah I cant help but think its all still gonna happen. Timelines have been skewed for sure, but speculative degeneracy is still alive. you know.. global M2 and all that. People wanting to twist out of BTC into memes and gaming etc etc. You've seen it before and you'll see it again. Make no mistake.. I've been asking the same questions but at some stage a calculated risk might be on the table esp if the bigger Alts bolt. Strap on your 6 shooters again mate, life's for living!!