The biggest mistake you can make in Bitcoin is giving up self custody.
The more the banks get involved soon and with the current ETFs, it's going to get more and more centralized. Unfortunately, the average person will use custody solutions to hold the Bitcoin (not yours if they hold it).
That entity could collapse and you'd lose your BTC.
Always self custody. Take control of your own wealth and empire.
It's so easy for that mindset to get greedy when you had plans to buy at a specific price but never do. You move the entry lower, which may never get there. It's really important to not fall for your own psychological trap.
Now Bitcoin is down to 60K. It's so easy to think "Oh I will wait until it goes to 50K". Then when it gets to 50K you think "Oh I'll just wait until it goes to 45K... 40K.."
The same is with profit taking, "Oh I'll wait until it's 150K" while at 126K
Stick to your buy zones. NFA
When Bitcoin dropped to 60K in Feb, it bounced up to 65K within 2 hours. It's been 2 hours now and it's at 60.7K. The slower bleed down this time is worse for more downside to come.
People on X today trying to find reasons for $ZEC being the next best thing or just complete garbage.
Then there's normal people who are looking at the Bitcoin chart and trying to time an entry.
Dump your fucking shit narratives, they always end in tears. Concentrate on BTC
@YazanXBT Suddenly the topic of privacy being of course binary quickly turned into a non-binary discussion about transphobia..
What a strange world we live in.
If $SOL does drop to the $40 range, I will of course be interested to buy some. I like to think I'm full on Bitcoin, but when I see an opportunity to make more money TO THEN rotate into adding more sats from profits. I mean, it's a win win situation. It would be a small amount.
$ZEC What in the fuck?
Down over 60% in 2 days.
Better than Bitcoin they say...
More private they say...
Who gives a fuck I say...
This looks horrendous and I've been in some bad shitcoins before.
@BinanceStuff I would guess anything over $1 or any that's just on the blockchain recently. Fees wise thats where AI would need to help. There are bulk transaction sending websites where you would figure it out. Claude or Grok would know whats the best one. Scammers use them to send dust.
If I send 1000 USDT to and from my own wallets, I can farm scammers dust they send me. I'm sure AI could help me scam the scammers and create me a bot and just farm their 0.001 USDT dust.
I'm not really going to do this, but the thought had occurred.
@BinanceStuff You definitely can. I just used 1000 randomly as an example. Im not actually going to be doing this btw lol but it would be nice to scam scammers ๐
It's not how much you can allocate in comparison to an influencer you follow/watch. It's all relative. It's about how much percentage of your own stack you can increase, not comparing it to others.
I don't compare myself to the guy who drives by me in a Lambo, same with crypto.