New Hope is needed in the Crypto industry. We need to bring back the passion and excitement back in the industry. ( All Crypto OGs need to remember what made crypto great and what made them who they are in the first place)
Never leverage trade, buy and hold whatever you believe in. Sell and take profits on everything you dont believe or you just feel like taking profits. Listen to all opinions and make your own. Never give up on the Crypto Dream and finally be prepared to lose everything,but never stop believing in what brought you here in the first place.
@PeterSchiff@Rajatsoni Bitcoin and most crypto is hope. No matter what the future holds. It made alot of people millionaires. It fulfilled alot of people dreams.
That is what Crypto offers. No other asset does this.....
@TheTateClips True, it can get worse and no problem with that. But I like being prepared and think that things can always get better too! Believers mentality always wins.
@PeterSchiff Your right Peter, until you are inevitably wrong.Crypto believer will never give up. There is always a crypto use case that you will never understand.....
@PeterSchiff@saylor I am pretty sure the analog clock lovers believed the very same thing. Now its become a collector market....
I wouldnt bet against the future no matter how tough it might seem right now....
There is no doubt that fundamentals are the highest they have ever been, but consumers are not ready to indulge in all these services. Consumer investable cash is not enough to utilize all the services that currently exist in crypto.
Prediction markets alone have taken all the hype away from Altcoins and DeFi.
TradFi has drained excess consumer liquidity by raising prices on necessities and stagnating real estate markets. Tokenizing TradFi is the only solution. This will bring back liquidity to all consumers and small businesses.
Regulators should expedite tokenization along with participation reward systems because consumers are tapped out. By growing a network more value is created. Which will better the lives of the ones participating in any network.
@AshCrypto Extremely painful and very hard to 60x from here. But your friend is a true believer and should not regret falling for the Crypto dream.Afterall there is nothing out there that might give you 100x, other than Crypto right now. Its a long shot, but never give up....
Consumer is done. Nobody has extra cash to invest. They cant sell real estate, they cant refinance, they are spending 10x more on interest payments on loans they already got, they are spending 5x more on necessities like food, gas, utilities, insurance, they cant get a job or second job that pays better, ai is taking over or will take over most of the jobs and the list goes on....
No one is thinking about investments if there life situation is stressful.
The psychology of the consumer is on survival mode...
Now the 1% and the institutions is not enough for speculative assets to rise. We need mass retail investors to come back and speculate. Till then we are not going anywhere....
@yourfriendSOMMI I hope 40k does not come anytime soon. I refuse to believe we will lose this level as well. We have been wrong for 5 years.Its time for us to be right for once....
WE SAW THE BIGGEST BULL RUN IN HISTORY AFTER COVID CRASH
THE LAST 6 MONTHS WAS WORSE THAN COVID CRASH
I HAVE NEVER BEEN SO BULLISH
LONG YOUR FUCKING LONGS
BIGGEST. BULL. RUN. STARTING. NOW
IF YOU STILL HAVEN'T FOLLOWED ME, YOU'LL REGRET IT.
Cardano has finally dropped to a level that institutions can start to accumulate. This has been the plan all along. Cardano never pumped to its full potential, because institutions were never able to accumulate a low as they like.
Could be that Cardano will have its time to shine within the next 2 years!