Bitcoin has entered the 3rd and final stage of the bear market.
This is because the guys who mocked the bears in stages 1-2 are now admitting price could go lower.
They were a bull in a bear market, and they will likely turn fully bearish in the bull market
When will Bitcoin hit its bottom? Ben Cowen breaks down the correlation between S&P 500 corrections and BTC cycles, pointing toward a shaky Q4. Is a scary drop ahead? #Bitcoin#BTC#Crypto#Investing
In a few months profits will temporarily flow out of TradFi (cool off phase after IPOs).
People will want to know where to put their money because everything already went up so much.
And there Bitcoin will be, ready to begin the next four year cycle.
Happy Monday everyone 🫡
New chain just dropped. @arbitrum is now live on BOB Gateway.
Swap BTC↔USDT, USDC, ETH and wBTC at the best rates in the market.
https://t.co/iWP09H6Vsu
I will start buying risk assets once @WarrenBuffett and @smileycapital do
Buffett compared today’s markets to a casino.
Under Greg Abel, Berkshire keeps increasing its cash position. They now hold almost $400bn in cash and are waiting.
They also built up cash before the 2008 financial crisis and before the dot-com bubble. Historically, they moved into cash one or two years before major market stress.
Now it has been roughly two years since Berkshire started holding a record level of cash.
A man with 60 years of market experience simply understands that markets move in cycles and that the same story repeats again and again.
Your wife should thank you for giving her the opportunity to cook and clean for you.
Graciously.
This post is true, but prior to this point:
Your character as a man should already set the frame that you are already so competent in all that you do that you'd probably function better & more efficiently by yourself.
You know exactly how you like to cook your meals, clean, organise, work, and thrive.
Never openly state this or chastise her for it, but it'll be an unspoken and obvious reality that you don't actually need her for anything.
If anything, she'd disturb your established rhythm.
Allowing her to cook and do the dishes is a loving gesture –– from you to her. You know it is a form of cruelty to allow people you love to feel useless around you.
Online discourse on topics like getting your wife to cook, clean, be submissive, or have sex with you, are all horrific self tells.
Any man who diminishes himself by bickering and arguing with women about things like this has lost.
Only metric you need to be mindful of is:
Does it please her to please you.
I spent like 18 grand usd last 5-6 days just traveling a bit, not counting tips/cash spends
can someone explain how do people take vacations under 100k/month?
I think we simply stop trying to call major HTF tops on equities for a few years and submit to the AI craze
however, I'd be careful with crypto during any local LTF tops in equities as underperformance to the upside very likely leads to overperformance to the downside [for now]
I was obviously wrong on "sell all risk assets" as equities continue to pump
bearish stance on crypto hasn't changed though, this limp-dick short-squeeze equities-correlation pump doesn't phase me, although we ARE obviously and unequivocally closer to the bottom than top, both time and price wise
scenario where current compression being a bottoming formation at 60-80k is possible, would look for deviation below to get eaten up before bidding or simply price not being able to even breach 60s whilst sellers momentum continues to decrease over the summer
a slightly more likely scenario for me is still expansion under it towards final bottom [40-50k] where the bid is so obvious you have to be mentally ill to fail execution
either way, both scenarios will be very easy to execute on and if you've managed to survive last ~7 months the play here is crystal clear
I do think soon will be the time to strap in, similar to January 2023
future is always bright and full of opportunities
I’ve never been in the business of calling tops. The only rule in Crypto that has carried through 3 cycles is that it always goes up more than you expect. However, it also ALWAYS goes down way more than you’d expect.
Money is made by selling into strength and rebuying the leverage flush. In order to do this you have to stomach some period of relative underperformance, for massive out performance.
traders resilience is truly tested once they go through stressful periods IRL
execution is immediately endangered
market will ruthlessly test your ability to withstand the external pressure
maintaining composure and staying unphased is proof you're beating the game
participants massively complaining about crypto underperformance whilst most assets hit fresh highs
have you tried taking it as a blessing instead of complaining?
i.e. making money on the AI/war/tech trades easy mode & using profits to buy cheap coins
it's a feature, not a bug
More resources on NEAR tokenomics:
-Revenue dashboard: https://t.co/AZ4UdNCQIx
-NEAR Intents metrics: https://t.co/XkEz7zp3re
-NEAR fee mechanics and trajectories: https://t.co/7wi5Jyr4Wt
-How NEAR is strengthening value capture: https://t.co/GObyEvmotr
65% of https://t.co/YBUSFVdjxE traffic is mobile.
Yet much of DeFi still builds like users are sitting at a desk. They’re not.
Users have already moved to mobile.
Try https://t.co/YBUSFVdjxE on your phone. You’ll see why.