If you are mid to long term bullish, but derisking short term
You are expressing the opinion that you will beat the market twice in the short term
First time that you will derisk high enough and second time you will be able to buy back in low enough
That's two additional short term trades you need to nail on top of your long term view
a lot of ppl seem to be shocked by this but we truly believe there are already way too many tokens today.
not interested in adding more.
we rather help build towards a future where the strongest communities can thrive & grow.
I can’t blame the bears… But I wouldn’t want to be one.
People get too caught up in what “has” to happen & not what they’re comfortable with.
Do the macro indicators say crypto shouldn’t be as strong this month/quarter? Probably.
But I was comfortable buying ethereum:native at 1,7k and bitcoin:native at 60k, regardless of the next 4 months of PA.
The key is to be neither a bear, nor a bull, but rather a soldier in tune with himself.
THE BLOCK: JPMorgan has brought its USD-denominated deposit token JPM Coin $JPMD to Ethereum for institutional clients.
Kinexys by JPMorgan told The Block that Ethereum's "established depth of onchain liquidity and tokenized assets" makes it a natural next public blockchain for JPMD, which was first launched last year on Base.
News: JPM Coin (JPMD), @jpmorgan's USD deposit token, is now live on @ethereum.
JPMD extends from Base to Ethereum L1, giving institutional clients native onchain cash that sits alongside the assets, collateral and counterparties they transact with already.
J.P. Morgan has now added a cash leg to the products it already live on Ethereum mainnet, with tokenized money market funds MONY and JLTXX both already on the network.
Ethereum is the home of onchain finance.