Early days of the internet, it was also widely used by many scammers, similar to memes and rugs in crypto now. Crypto will not go anywhere. Study it, stack best projects for 5-10 years and you will thank yourself later.
Create your detailed crypto strategy. If you are after quick gains, do not go 100% in that. If you like more risk, do 80% shitcoins and 20% bitcoin. If I would have understood this in 2016, instead of 2024, I would have done so much better.
BITCOIN GOLDEN CROSS IS HERE
Every time this beast awakens, the market bends to its will:
🚀 2016: +139% (warm-up round)
🚀 2017: +2200% (face-melting rally)
🚀 2020: +1190% (escape velocity)
Last time, people laughed. Then they cried. Then they FOMO’d.
First picture is $LINK in 2021. Second picture is $LINK now. We had 60% pullback just like 5 years ago. We should expect new all time highs by the end of October.
Best thing I can do as a dad, is not just open up savings account, but buy #bitcoin monthly for the kid. Imagine her reaction after 20 years.
Worst thing is that I watched bitcoin at 3k, it went to 60k and back to 15k. I did not buy. I started buying at 70k.
I have no idea where the fuck is market going. Many memes were top blasted, volume on #pumpfun is drying up. I have been checking for past few weeks and sitting on sidelines now.
Today in Washington, D.C., Chainlink hosted an invite-only event with U.S. government representatives to discuss how U.S. policy on blockchain technology can drive innovation in the financial system.
Participants:
• @RepBryanSteil — Chair, House Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence
• Tyler Williams — Counselor to the Secretary of Treasury for Digital Assets
• Kristopher Klaich — Policy Director for The Digital Chamber
• @SergeyNazarov — Co-Founder of Chainlink
Stay tuned for a video of the panel and fireside chat coming soon.
One thing I wish I had known (as a crypto trader) 4 years ago:
The diminishing returns of wealth are real.
What do I mean? Read on…
Crypto presents a very unique opportunity for wealth creation that is exciting and in many cases life changing.
I want to focus in on this key point: crypto can be LIFE CHANGING
What does this mean? Quite simply, if you make a lot of money, you can change your life if many ways:
- new car
- buy a house
- retire your parents, etc.
One of the most CRUCIAL parts of successful wealth creation, is understanding that past a certain point…the money doesn’t scale to the impact it will have on your life.
To make it very clear:
Your second million dollars will change your life INFINITELY LESS than your first.
Many people will make enough money to legitimately change their life forever (pay off debts, new house completely paid, college fund started for kids, etc.) and then they will RISK IT ALL to double their money.
What I’m trying to say is very very very simple:
If you make enough money to change your life, make sure you actually change it.
Do not risk an amount of money that can change your life forever, just so that you can then make your life a *little bit* better.
My one ask for anybody that reads this:
Find your number. Find the number that will change your life. Do NOT make this some arbitrary number like 2 million dollars. Write down the things that you need to change your life (car, house, debts, etc.) and then make that number your goal.
When you hit your goal, cash the fuck out.
If you don’t have a number, you will never stop until you lose it all. I promise you.
If you make enough money to change your life, make sure you actually change it.
The money does not scale.
The diminishing returns of wealth are real.