moritz

building a life outside the system

[moritz @onchainmo]

https://t.co/cyuAIte9oj

[moritz @onchainmo]

Why is zcash:native trading as if someone has an infinite supply of coins to dump?

[Easy @NotSoEasyMoney]

Why would I ever buy Coinbase stock?

Incredible company when it was the first mover…

Not good at all when every other company can do the same stuff they can, but better.

[moritz @onchainmo]

@kryptomokus 4y cycle believooors

[moritz @onchainmo]

Michael Saylor went from being a genius who invented the greatest Ponzi ever to becoming the most hated person in crypto.

Always funny how price action changes perception.

[The Kobeissi Letter @KobeissiLetter]

It's official.

MicroStrategy, $MSTR, is now facing its biggest unrealized loss in history, at -$10.8 billion.

In other words, after 6 years of buying Bitcoin, the company is now down -17% on its position.

By comparison, the S&P 500 is up +116% over this same timeframe.

Since MicroStrategy sold 32 Bitcoin at $77,135 per coin, their positions has lost -$11.8 billion in value.

This puts MicroStrategy's stock, $MSTR, down -77% since its record high.

Bear market is an understatement.

[moritz @onchainmo]

Coinbase also paid $375 million to acquire Echo.

An ICO platform whose flagship sale is down 50%

And nobody has heard anything about it for the past six months.

No wonder the CEO keeps dumping his shares.

[Serpin Taxt @serpinxbt]

coinbase said they intended to have monthly ICOs

November: ✅ Monad
December: 🚫 Nothing
January: 🚫Nothing
February : 🚫 Nothing
March: 🚫 Nothing
April: 🚫 Nothing
May: 🚫 Nothing

damn

[moritz @onchainmo]

@kryptomokus long term thinkers always win

[moritz @onchainmo]

The stock market is designed to go up forever.

The S&P 500 will be at 20,000 by 2040.

Short-term price action doesn’t matter if you have a long-term mindset.

Whether you buy the S&P at 7,000 or 8,000 won't be relevant when it’s at 30,000 in 20 years.

Just buy, forget, and enjoy the ride.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: The S&P 500 erases losses and surges to its highest level on record, now worth $69 trillion.

[moritz @onchainmo]

@waleswoosh its pretty much what bitcoin was supposed to be

[moritz @onchainmo]

Meanwhile, the S&P 500 in the last 60 minutes looks like this

[Watcher.Guru @WatcherGuru]

JUST IN: $320,000,000 worth of crypto longs liquidated in the past 60 minutes.

[moritz @onchainmo]

@binance Rare Binance W 👏
https://t.co/qcnhE16C1m

[moritz @onchainmo]

This is actually a big deal.

Spot equities are a huge difference compared to perps.

The shift we’re currently seeing is bullish for crypto as an industry.

But bearish for the price action of most tokens.

It has never been easier to use your onchain wealth for actually meaningful things (onchain equities, day-to-day spending with neobanks, etc.)

Which means there are fewer and fewer reasons to buy random useless L1 or L2 tokens.

[moritz @onchainmo]

This is actually a big deal.

Spot equities are a huge difference compared to perps.

The shift we’re currently seeing is bullish for crypto as an industry.

But bearish for the price action of most tokens.

It has never been easier to use your onchain wealth for actually meaningful things (onchain equities, day-to-day spending with neobanks, etc.)

Which means there are fewer and fewer reasons to buy random useless L1 or L2 tokens.

[Binance @binance]

Welcome to Stock Trading on Binance. For real.

[moritz @onchainmo]

@sanjaybuilds_ @Cbb0fe i am enjoying lil bro

[moritz @onchainmo]

@Carlitoswa_y btc is the only exception where i can see why someone would buy and hold it for 5+ years

[moritz @onchainmo]

Crypto as a whole remains an uninvestable asset class.

The only use case for most tokens is price speculation.

That being said, I still love crypto because the market remains extremely inefficient.

You just have to see it for what it is and be aware of the game you’re playing.

You don’t have to believe in the casino and can still profit from it.

[moritz @onchainmo]

@icobeast mrsico must be having a good time

[moritz @onchainmo]

@dazzlercoin i just used avici and xpl as an example

(because they are my bags)

[moritz @onchainmo]

neobanking supercycle?

[moritz @onchainmo]

It’s been about a year since I pivoted from crypto to stocks.

But I’ve started paying more attention again.

Privacy, AI, and robotics are currently the big 3 in crypto.

But there’s one category that interests me even more.

And that is neobanking.

Not only do I think crypto x neobanking will see huge growth over the next few years.

It’s also a category that currently gets far less attention.

And being early to where attention goes next is better than chasing it.

[moritz @onchainmo]

@Only1temmy neobanking supercycle

[moritz @onchainmo]

looks like people like the neobanking thesis

[moritz @onchainmo]

It’s been about a year since I pivoted from crypto to stocks.

But I’ve started paying more attention again.

Privacy, AI, and robotics are currently the big 3 in crypto.

But there’s one category that interests me even more.

And that is neobanking.

Not only do I think crypto x neobanking will see huge growth over the next few years.

It’s also a category that currently gets far less attention.

And being early to where attention goes next is better than chasing it.

[moritz @onchainmo]

@PhilOnChain what did you do bro 😭

[moritz @onchainmo]

It’s been about a year since I pivoted from crypto to stocks.

But I’ve started paying more attention again.

Privacy, AI, and robotics are currently the big 3 in crypto.

But there’s one category that interests me even more.

And that is neobanking.

Not only do I think crypto x neobanking will see huge growth over the next few years.

It’s also a category that currently gets far less attention.

And being early to where attention goes next is better than chasing it.

[moritz @onchainmo]

Just deployed capital into the market for the first time in a long while.

No crypto, only stocks, and the plan is to DCA 100% of my stables into the market by the end of the year.

Lets see how this ages.