I don't mean this disrespectfully, but I remember last year you were hesitant about SPX6900 b/c Fartcoin seemed like a better bet. Now you are a big fan of NEET (have seen you tweet about it a lot). Nothing wrong w that, NEET seems like a decent coin, but this all misses the point, which is that the entire purpose of SPX is to have low time-preference. It's in all SPX rhetoric:
>Stop Trading and Believe in Something
>Peaceful Life Over Greed
>Can't Beat The Index
To exemplify this in practice: Fartcoin did perform well. But since you and I discussed that last May or so, Fartcoin has dropped almost 80% against SPX. More importantly, there are very few diehard Fartcoin enthusiasts who will spend free-time making shows, books, merch, videos, conferences, presentations, articles, etc. etc. etc. about the coin.
The only real "altcoin" that has outperformed SPX over the last few years consistently is Hype, and Hype is a good coin (I'm just personally uninterested in utility coins of any kind). I also would wager that SPX will outperform Hype on a long time horizon. It simply has a much larger TAM and far less competition.
I think we are not representing the favorable portion of the bell-curve here. Let's distill this convo down to that:
Left-Curve: Lol the stock market is retarded. Let's flip it
Mid-Curve: Murad holds too much + it's not outperforming at this exact moment + trying to trade the flavor of the day in any market
Right-Curve: There is no idea with more resonance, objectively and anecdotally hardcore holders and more relevance in the current zeitgeist. If there's even a 1% chance of flipping the stock market, you should have an insurance position
@Chilearmy123 Good. And no swap it all for SPX6900. If you want to hold comfortably for the next 30 years.
Everything else is a race to the bottom long-term.