Remember:
No leverage
No FOMO
Top 3 to 5 assets as main bag
Self-custody (or multi-sig) with good wallet hygiene Only trade a small Degen bag <10%
HODL over a longer time horizon
Zoom out and remove the noise
*** Expect 35% pullbacks frequently ***
*** BTFD if you can
Tbh my interpretation of this is:
Bitcoin outperforms most coins from here
US Bitcoin Strategic Reserve will happen & will create a supply shock. More countries will 100% follow what America does with their own BTC strategic reserve. This is the bitcoin cycle. Always was.
CT loves GCR & sees him as a prophet right? Well, he said BTC flips Gold. But CT would rather gamble for a 100x than a much more favorable/higher % of a 9-10x.
The $TRUMP trade really changed my perception of the current onchain environment. Think about it. All the money that was flowing into TRUMP last week. The 7-fig bids that were rolling in. All the money was there this entire time, but none of them chose to enter & save your onchain bags.
Then some of the money that did rotate only ended up getting hurt by betas / farmed / dumped on (ex. fake $barron , all the other fake barron led by Kook, old memes like chillguy, AI coins that were in downtrend Zerebro) for ppl looking to escape.
I think many saw that & realized most of the remaining onchain players are truly just poor & desperate who have no conviction in anything. Respectfully.
More money will just rotate to $BTC from non-institutional players imo.
So you got that money + institutional money + states/countries having their reserves. Where does that leave alts? Just fighting and scraping for attention. Rotation. Rotation. Isn't it tiring?
It's a different class of ppl onchain vs those in Bitcoin. And personally, just choosing the class who has real conviction, more money & who will let this sit for a few years at the minimum.
Do you think you can outperform BTC? Your job is to stack the sats. If you didn't outperform BTC last year in the meme year, why do you think you will this year?
#Bitcoin to $1 million is not a meme
Bitcoin is 3% away from ATH but most people is down bad.
This is a great lesson on how even in a bullmarket you can lose money and how difficult is to keep the money you make.
Consider it a wake up call to not think you are the smartest guy in the room.
Honestly this cycle has been pretty easy for alts
You just had to be long memes, then AI, then memes again, then RWA, then utility, then dog coins, then cat coins, then hippo coins, then 2021 L1s, then $ETH betas, then dino coins, then metaverse coins, then AI memes, then $SOL, and hopefully you were awake when $TRUMP launched and didn't fumble generational wealth, and better not hold anything for longer than 48 hours because you will roundtrip the farm, and every time $BTC sneezes your alts will jump off a cliff, and if you mistime any rotations by even a few hours then you will lose a ton of money
Pretty easy tbh
Bitcoin was invented 16 years ago today!
On January 3, 2009, a mysterious engineer with the username ‘Satoshi Nakamoto’ created the open-source Bitcoin peer-to-peer electronic cash system. For the first time, people could send money online without needing banks or middlemen.
Been waiting for a big dip on $FWOG and got it the past few weeks. Picked up a ~$1M position (avg buy ~$250M FDV).
Big fan of the artist and community has been strong from the beginning.
NFA as it's literally just a fwog.