@bobocouncil Hi i need your help. I had approx 5.6 bill Bobo in my eth wallet wince 2022. I think i missed the migration window to solana. Ppz help and guide me..
@martypartymusic I’m still trying to understand this, but I’m surprised how dollar weakness doesn’t seem to translate into risk appetite yet. Feels like something is missing.
@BullTheoryio This makes me wonder whether it’s less about losing trust in the dollar and more about gaining trust in Gold and Silver being safest right now.
@benjamincowen I am not sure but I think this euphoria in Precious metals is likely to rotate in Industrial metals like copper and aluminum sooner or later. But this also needs to be supported by broad market structure.
@benjamincowen You share your views based on the broader market structure.
I watch your videos closely, even though I understand only parts of them.
I’ve also taken losses in altcoins, but your work pushed me to step back and look at the bigger picture.
“It’s always a bull market somewhere” ☺️
Basically every day for the last several months, people keep saying alts have bottomed and yet they just keep going lower.
Midterm years are typically bear markets for crypto.
Don't manufacture a bull market where it does not exist.
Let me summarize my narrative.
We have been in a bear market since COVID. You were lied to by the government. They printed $9 trillion to fund their political machine. There is no liquidity left they have spent it all maintaining a facade of normality by owning the narrivie via main stream media. We are at the bottom of the macro cycle now. Dec 1 they officially end the selling of Fed balance Sheet assets. The government is bankcrupt. They need to create new money.
Crypto was bought up by institutions and then bubbled by speculation in the perpetual futures casino season. It broke on October 10th due to Binance greed. Nothing I have not narrated before. You knew. Most retail gamblers got liquidated. Their liquidity is now in the hands of others.
We ran down to spot floor prices. The spot hodlers and new hodlers of digital assets are the true winners. They buy at the floor. The floor rises. The extractors of the retail liquidity will now buy spot assets with it and get even more powerful.
New liquidity will arrive soon and new hodlers will front run it. Institutions who have access to debt will buy up this entire dip just like they did in 2021, 2022, 2023 and 2024.
Retail that held will win. Retail that sold will lose and buy again much higher.
Note: Everything you are told is bs. Stop listening to people that have no idea.
I know many of you are scared, worried you fucked it up and think you'll never make it.
You need to follow the DFTU rules. You need to extend your time horizon and levels of patience. You are clearly not doing that. Every correction is an existential drama to you. That is a sign you are fucking it up.
I've been doing this since I first bought BTC at $200. I've gone through two big drawdowns (-85% and -70%). I've had 95% drawdowns in ETH and SOL. I've sold too early too. It all works out over time if you have the right asset allocation.
Remember - when BTC goes down 30%, quality alts go down 60%+. It's normal. BTC normally has 5+ 35% corrections.
OTHERS in the last two bull markets saw a couple corrections of 80% and still hit new highs in the index. It doesn't mean your alts will however.
You also can't rent someone's conviction on X and hope to win.
You can't trade frequently and hope to win (you'll get nailed by taxes too).
You can't blame someone else for your mistakes. They are yours alone.
You may think the cycle is over. Well if it is, just keep DCA'ing into weakness and your future self with thank you. It takes time to play out and one cycle is not the game.
It's not too late to Unfuck your future.
All the people bitching on the timeline ...
YOU ARE NOT SERIOUS PEOPLE.
Please don't fuck this up. I'm looking directly at you...this is the greatest performing asset class of all time, over time.
The market gives zero fucks about your time horizon.
My wife had to sit on a plane on the tarmac for an extra hour because they did not have enough air traffic controllers.
Open the government.
And don't pay the politicians causing this mess until they find a solution
I saw some people say
“if you fell for buying ASTER that was an IQ test”
The truth is if you are falling for the crybabies and doubters on the first pullback
That is the real IQ test
If you are not buying ASTER here under $1
Quit crypto. You will not make it