Lennart

#Bitcoin #crypto investor/trader '13
DeFi enthusiast. L1's/L2's
Early Fantom holder $FTM $S

[Lennart @TraderLennart]

@DefitheDinoGuy Communication is only part of it. A lot is unwinding and selling of FTM positions by people that were arbitraging/collecting fees. Most L1/DeFi projects have been doing badly. AVAX isn’t much better. ETH has been underperforming. We are smaller in market cap so more volatile.

[Lennart @TraderLennart]

@bslagter @Minister_FIN @KlaasKnot Had er al lang moeten zijn. Maar nee, Nederland heeft in februari 2019 voor €750M aan KLM aandelen gekocht. Die zijn nu 85% gedaald in waarde. Hadden ze dit toen in BTC gestopt, dan was dat nu €25 miljard waard!

[Lennart @TraderLennart]

@milesdeutscher Was it real retail like Dubai holiday visitors, or people active in the space. Dubai is kind of crypto hub/bubble so not strange you get recognized there.

[Lennart @TraderLennart]

@ItsCrapto @ZssBecker He’s far from a billionaire. Centi millionaire, on the lower end

[Lennart @TraderLennart]

@SalsaTekila Most likely arbitrage between spot and futures markets by market makers.

I doubt it's US Gov since no coins moved or they didn't settle yet but that's unlikely.

[Lennart @TraderLennart]

@RomanSlit @CryptoMichNL You can, FTM for example did around 1000x from march 2020 low.

[Lennart @TraderLennart]

@coinfessions Pretty impressive, must be heavy in alts/ETH since march this year or lost much on trading/leverage.

[Lennart @TraderLennart]

@SalsaTekila Decent cash out plan with set levels avoids this.

[Lennart @TraderLennart]

@Route2FI Spend part of it on a home here, part of it on a vacation home.

And if we get a decent dip I will spend a lot on index funds, stocks, bitcoin.

Just need a 2-3x to be comfy. Anything above 5x I'd probably splurge a chunk on cars, watches etc.

[Lennart @TraderLennart]

@Crypto_Ed_NL FOMC 50 bps rate cut front running. Those lines mean nothing when big money decides to allocate towards buying BTC.

[Lennart @TraderLennart]

@CryptoKaleo fwiw - hedging yourself already in case it massively deviates today and breaks out, what it seems to be doing right now.

[Lennart @TraderLennart]

@CryptoMichNL After 2017 top it trended down for 2 years too and recovered, but never above ATH. Now probably will go up at some point, but not to 2022 highs. Still 6.5K sats is a good 50% up. $5K ETH when BTC hits $90K.

[Lennart @TraderLennart]

@DaanCrypto Just bad enough for 50 bps hopefully, and just good enough not to cause recession fears. Imo one of the best outcomes.

[Lennart @TraderLennart]

@Route2FI He should start working different jobs to find out what fulfills him. Or start at business if that's what he admires. Also throw in some travel to explore differnent places. You can do crypto next to that easily, me and others have done the same and made multiples.

[Lennart @TraderLennart]

@Crypto_Ed_NL Prima

[Lennart @TraderLennart]

@DaanCrypto Seems like there still is some selling pressure from old coins like those from MtGox, weirdly it is no longer talked about now since the distribution happened.

[Lennart @TraderLennart]

@ZssBecker A fair point for athlethes, but I don't think it applies directly to business/making money. I.e. I don't think Warren Buffett/Berkshire would be wealthier if he didn't drink coke and get his breakfast at Mcdonald's.

[Lennart @TraderLennart]

@CryptoMichNL Your move to move all in alts months ago was a bit reckless. Don't think you can time the market, even from a HTF perspective.