this is a good learning tweet
the market decisions you make are a function of the information you consume
traders look at charts, macro, and "vibes" (which are a real and useful thing)
the problem is these things are largely lagging indicators
builders in crypto have the edge that they can see leading indicators like impactful product, BD, or technical releases, incoming talent quality/quantity, and startup ecosystem health
any signal shorterm will be choppy, but given the talent level entering crypto, the posturing of the current administration (SEC head literally said put all defi onchain), and the fact that product quality is finally increasing
Id say we are undervaluing the industry on any serious time horizon by an extreme amount
if you can accumulate and hold without leverage here, Im bullish
@thisisludy I don't think it is really 100% coupled or it will ever really decouple, just rotation of cycles between assets..Here is example with Gold
https://t.co/Oal5YIIsBE
Some of you are afraid of macro and the link between bitcoin and stock markets etc.
IMO the next ~5 years S&P500 will be in the $5K-$6K range and bitcoin in the $100K-$1M range. Short term is noise, long term is signal.