$Useless long-term holders have held at 37k for months during the ugliest drawdown in crypto history. That says a lot. This coin will send into the stratosphere in the coming months.
@_The_Prophet__ Pure conjecture unless you got an inside asset in the Oval Office. Most likely it’s just Iran being Iran and they are using their leverage, control over the SoH, to get the best deal on nuclear terms.
Ramblings
Once again there is no market until all markets are regulated.
This is simply a speculative time being run by the dominant derivatives exchanges with no wash trading or manipulation rules.
The lows are where the longs entered with leverage. The depth of the low will be the depth the wash trader wants to sweep to clear those longs. The wash trader has fully automated their systems.
In a regulated market wash trading is illegal for broker dealers. Therefore supply and demand and fundamental price discovery will become dominant. A hygienic market will develop over time. High leverage will be regulated away. Cascading liquidations will be a thing of crypto lore.
Patience.
Accumulate during the “bootlegging” era before Clarity and when fear and greed drops below 10.
Asymmetric upside: Proposed regulation brings legitimacy without killing decentralization, the “clarity” phase means broader adoption and repricing.
Note: dont expect immediate appreciation in Clarity signing this process will take time but you should have a long term horizon anyway this is a novel asset class with 1000 global broker dealers and no laws.
Your exit will be sometime in the future. Based on the Benner Cycle probably 2032-2035 is the key exit period. Until then buy when fear and greed drop under 10. Stick to the plan and invest in assets wrapped in regulated ETFs because these are the ones the FIC need.
Thats a retirement plan.
Everything else is trading which is inherently high risk and in an unregulated arena mostly chance. The best plays are to scalp trade the liquidation cascade relief events in either direction with high discipline.
This is the reality. If you cant handle this, investing in crypto is not for you. If you frustrated you are normal. Only the warriors that hold and follow the discipline are rewarded heavily.
Some people don't believe there will be another memecoin run
They're wrong
Selling people the dream of turning nothing into millions is one of the most powerful forces in human history
It's why lotteries exist
It's why casinos are always full
That dream doesn't die in a bear market
It gets stronger
Crypto has been down only
Billions liquidated in days
And memecoins are still here
Nowhere else gives the average person a genuine shot at turning hundreds into millions like memecoins do
Memecoins never die
@333blacksea The only way sol nukes down to your DCA levels is if BTC drops further, which is suspect at this point. This is probably the ground floor at least for the next wave.
Food for thought.
Bitcoin Isn’t Failing. The Narratives Are.
Modern finance has developed a little ritual for anything it does not understand: if the price goes down, declare it dead and move on. Bitcoin is the prime example. The script is now automatic. The Fed is too hawkish. It’s quantum, AI is “taking the oxygen.” A bill stalled in Congress. SpaceX sold. Saylor is selling. It’s the Strait of Hormuz. Bitcoin, the pundits insist, is over, again.
Narrative, as usual, is chasing the tape. When Bitcoin rallies, it is breathlessly rebranded as the future of money. When it sells off, it is reduced to a childish speculation no serious adult should mention in public. This is not analysis; it is professional mood‑swing.
Meanwhile, in the adult world, something quite different is happening. The United States issuer of the world’s reserve currency and steward of the largest economy on earth, is moving ahead with a Bitcoin strategic reserve. Serious treasuries do not quietly prepare to hold “dead” assets. They prepare for a world in which that asset will matter when trust in everything else frays.
The official response from much of Wall Street has been instructive. First came the apocalyptic energy scare. Then came bans on advertising. Then came debanking. Now we are warned that the Clarity Act will “rip out banking,” the same lazy threat once hurled at money market funds in the 1970s for the sin of offering savers a better deal. The script never changes; only the target does.
And all the while, money market funds, the Death Star of the 1970’s, are quietly holding multiple trillions of dollars that are being depreciated away by inflation, roughly 8 percent a year in real terms. While Bitcoin supply is fixed at 21 million. Yes, the item that was proclaimed to be the end of Banking as we know it, now has close to $8T, and Banks are doing just fine. They evolved imagine that !
That is what passes for “prudence.” The emergent reserve asset that Washington is quietly edging toward is what passes for “reckless.” And the Clarity Act will end Banking as we know it.
The irony is stark. That 99.9 percent of investors miss it does not make it any less real. It merely tells you which side of the trade they are on. Most will keep buying parabolic charts at the top and selling into extreme fear at the bottom. You cannot teach that out of them, but you can certainly trade against it.