Genuinely think most utility coins go to zero. You guys should hear how founders and investors talk about these coins. Nobody even holds for a bounce anymore. The nihilism is rampant, and rightfully so. Even perp dexes and buyback tokens. Most have no moat and the next player has incentive games and no supply overhang.
Neo-currencies, cults, infrastructure (that people actually use) and movements are the real product with value here. Even then, choose carefully. The biggest winners will change lives. Anything launched by a VC or in the last 5 years without significant user growth or active community is a complete scam. Avoid at all costs. They can and will go down in perpetuity.
The biggest app Polymarket is down because the underlying blockchain network (Polygon) is down.
Applications in the future will have a few choices:
1. Deploy on L1 (100% uptime, but slower and higher cost)
2. Deploy across multiple L2s (minimize dependence)
3. Deploy on a single L2 (high dependence)
This is exactly what every coin looked like before they mega candled 100X.
Slow steady chop down to shake out every non 100% believer.
The market will shake you until you bleed. The only ones who truly make it are the delusional ones.
The people who make it believe with unwavering conviction because:
A) They have done comprehensive research about their investment.
and
B) They do not care about short-medium term price action.
Why?
Tell me one story of a cryptocurrency making someone you know rich where it was NOT a 20X+ over a short period of time (relative to the duration of the price action before the move).
You can’t.
Every move in crypto that people miss or “wish they’d bought” required either months or (more commonly) YEARS of patience.
The keys to acquiring the patience needed are points A and B up above.
You must, and I beg you for your own future, stop trading and believe in something.
You must persist forever.
You must understand that the key to success here is patience & asset selection.
I guarantee you, the biggest winners will come to fruition in a way that has you saying “DAMN that was quick”
They always do.
#SPX6900 💹🧲
Unironically there is nothing more bullish to me than seeing the SPX people write well-structured and well-mannered paragraph-length arguments regarding group identity formation and aesthetics/memetics during a downturn. These people are actually gonna flip it aren’t they.
I read so many opinions on X and from friends and family about who is right or wrong in this world, and which ideas are right or wrong. And I really don’t know if my philosophical education has been a blessing or a curse.
The discourse often is too hard to engage in.
@RaidenDaly@CountryBitcoin@user_hyp3 I don’t think I can articulate it better than that. It was a profound moment of realisation for me. Obviously everyone brings their own exp to SPX, but there was something very undeniable about my exp.
@NTmoney It is all luck. Even running a bot on Polymarket is not risk-free as many claim it to be. The many manual strategies out there for wins are slow and laborious, and in actual fact, fuel addiction. The edge is worth very little unless your starting capital is massive.
STBS 💹🧲
This is the only timeline where we can CLAIM VICTORY with the SPX6900.
So go - Infect the Internet with your clarion call of FINANCIAL FREEDOM.
credit: @user_hyp3
DCA is really just a periodic sacrifice of fiat
You’re incrementally shedding the past to make room for the future
Change isn’t instant, it’s incremental. You want DCA to be as boring, silent and therefore impactful as inflation.
Beat the silent killer with silence
@CountryBitcoin@user_hyp3 It wasn’t Giga, it wasn’t Apu, TickerBitcoin. It was unmistakably SPX and the experience could only have been the same exp the OG builders had. If there was a market to go after for SPX, it would be the multi-day music festival lovers. They would get it.
@CountryBitcoin@user_hyp3 The niche only really made sense to me after I was at a music festival recently and this Japanese electro outfit hit the stage at midnight and I was high on MD. The lights, sound, video display on stage, the people. Everyone connected to that and each other. It was SPX.
When you spot an SPX spirit in the wild, and you call them, like a peacock, to become an Aeon, and flip the stock market.
They speak like us. They see like us.
Persist Forever 💹🧲
https://t.co/ThPSeu7RA4