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@DrProfitCrypto Ok, so if Bitcoin has another leg down to 48k as you suggest, you won't care in a couple of years when it reaches 200k if you bought at 70k or 50k ... or in 10years when it reaches 1 million, less so... DCA (NFA)
JUST IN: 🇵🇾 Paraguay's National Electricity Administration signs memorandum to "explore the role of Bitcoin mining as a national level opportunity."
They will use Bitcoin miners to transform unused electricity into "a new revenue engine for Paraguay." 🚀
@AdamJSchwarz Clearly, he meant Europe as a whole at least, not just Switzerland. And just to add another layer of intrigue, Switzerland boasts four official languages, with German being the most prevalent.
@PeterLBrandt For 6 decades the US has been debasing their currency, it has not been different, maybe it is eye opening time now... Silver is indeed overstretched, but so is the the dollar hanging support...
🚨 IF YOU STILL DON’T UNDERSTAND HOW CATASTROPHIC YESTERDAY WAS 🚨
Let me spell it out:
While Bitcoin dropped 10% like a normal Tuesday correction…
THE ENTIRE ALTCOIN MARKET GOT SENT TO THE SHADOW REALM
Here’s what “blue chip” really means 👇
$ATOM: $4.00 → $0.001
99.97% ANNIHILATED
$SUI: $3.40 → $0.56
83.5% OBLITERATED
$APT: $5.00 → $0.75
85% VAPORIZED
$SEI: $0.28 → $0.07
75% DELETED
$LINK: $22 → $8
63.6% DESTROYED
$ADA: $0.80 → $0.30
62.5% MASSACRED
These aren’t shitcoins.
These are TOP 100 “INSTITUTIONAL GRADE” projects that VCs, YouTubers, and CT influencers told you were “safe.”
80% nuked in MINUTES.
Not hours. Not days. MINUTES.
Meanwhile:
Bitcoin: -10% (basically a coffee spill)
$19-20 BILLION in liquidations across the market.
But BTC just vibing like it’s a healthy dip-buying opportunity.
Let that sink in:
The “diversification” strategy?
WRECKED.
The “altcoin season” narrative?
EXPOSED.
The “blue chip portfolio” advice?
WORTHLESS.
Your hedge against Bitcoin dominance?
PROVED TO BE PURE COPIUM.
Here’s the truth bomb nobody wants to hear:
When the music stops, there’s only ONE chair in this game.
And it’s orange.
Every altcoin … no matter how “revolutionary” the tech, how “strong” the team, how “backed” by VCs .. is just leveraged beta on Bitcoin.
But with 80% downside risk in 180 seconds.
You thought you were “early” to the next Ethereum.
You were actually exit liquidity for insiders who dumped on you at Mach 5 speed while Bitcoin HOLDERS barely blinked.
The market just gave you the most expensive lesson in crypto history:
There’s Bitcoin.
And there’s everything else.
Yesterday proved which one survives when the house is on fire.
Choose accordingly.
#Bitcoin #Crypto #Altcoins #Oct11Crash #BitcoinOnly