@bluwhaleai@GXChainGlobal The economics here are cleaner than most people appreciate. Agent economies don’t scale on chains that leak value through fees
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The fact that Democrats are fighting the first real effort to root out waste, fraud, and abuse from our government is a very bad look, from which one can only draw a negative inference.
You doth protest too much, methinks.
Few thoughts non satire thoughts :
I'm still extremely bullish.
The fact that you are now starting to get hated on/attacked for being bullish on here is usually a peak sign we are at lows.
Retail seems totally wasted while institutions/huge money keeps buying.
IMO we have a 65-70% shot at a very bullish year.
The BIG PART of this bet is that if that 65-70% hits big alts will easily pay 5xs from here. Mid/low caps easily will give 10xs.
I don't encourage you to look for certainty that we bull. Its essentially a coin flip. As it always is.
The way to look at this is like a roulette table in Vegas with a red/black bet. HOWEVER if red hits instead of paying 1 to 1 it is going to pay 5/10 to 1.
This is an incredible bet. Keyword bet. Not an investment. A bet. A gamble. A very lopsided gamble with outsized returns in relation to risk.
AKA I am not offering you "certainty" or even sure we bull. What I am offering is certainty that if we DO bull that the returns greatly outweigh the risk.
Make no mistake alts could easily wipe off another 50-70% from here. Thus the risk is a 50-80% loss, the gain is 400-500% gains.
If that'll ruin you, you should lower your exposure till your comfortable with the negative side of the bet.
It's this simple.
I'm taking the bet. Alts did similar huge dumps leading up to the 2021 big bull run up and what we are seeing in utility alts isn't unusual even in a supposed "bull".
Markets/the climate is much better now than it was then tho we have a major advatantage that we did not have then...Big huge institutional money is consistently buying and not selling.
It will not take much at all for mids/low caps to regain there all time highs and beyond.
Diversification is a lack of conviction. - @BillAckman
The rich get richer by finding one thing they understand better than other people and do as much of that thing as they possibly can.
Diversification is for the faint of heart.
One thing. All in.
It is insane that the traditional financial system is shut down in the middle of the week because of an American holiday.
The stock market and banks are both closed until Friday.
We live in 2024, not 1824.
Open the markets 24/7/365.
Anything less is market manipulation.