Psyop.Eth

Bitcoin is an open source censorship-resistant peer-to-peer immutable network. Trackable digital gold. Don't trust; verify. Not your keys; not your coins.

[Psyop.Eth @psyopetlh]

Fire

[Psyop.Eth @psyopetlh]

Hi @Weebox_Officlal

[Binance @binance]

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[Binance @binance]

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[Binance @binance]

#Binance adds new trading pairs:

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🔸 $UNI / $TRY

https://t.co/oBI16J6hVU

[Binance @binance]

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[Binance @binance]

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Learn about the different types �Make your trading experience simpler with spot trading bots on #Binance

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[Binance @binance]

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[Binance @binance]

Win a free trip to Turkey! 🇹🇷

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[Bitcoin @Bitcoin]

$29,250.

[Bitcoin @Bitcoin]

The 10 year UST yield.

[Bitcoin @Bitcoin]

Sub $29,000.

[Bitcoin @Bitcoin]

$28,100.

[Bitcoin @Bitcoin]

The UST 10 year yield hit 4.42%. This slightly exceeded last year’s high and is the highest level since 2011.

[Bitcoin @Bitcoin]

Is this correct?

[Bitcoin @Bitcoin]

There is a long way to go.

[Bitcoin @Bitcoin]

$26,250.

[Bitcoin @Bitcoin]

US household excess savings appear to have been exhausted.

[Bitcoin @Bitcoin]

Remember, debt becomes deflationary when more of it can't be issued.

[Jameson Lopp @lopp]

Many of the (young) folks who are investing in the crypto ecosystem today are ill-prepared for what they're getting into. The casinofication of high risk assets invites people to adopt the wrong mindset.

When I started investing in bitcoin, it was an experiment that only interested nerds and libertarians. The mindset was: if this thing works, perhaps it will pay off in a few decades. DECADES - because that is the time scale over which fiat currencies tend to die.

Today, there is an overwhelming amount of crypto tokens in which one can invest. And a huge amount are unregistered securities - not that this is bad because it's illegal in some jurisdictions - but because you are basically becoming a shareholder in an organization without receiving ANY shareholder rights.

It's not prudent to invest in tokens that are likely securities unless you are a successful angel investor / analyst who has the skills to perform due diligence and judge risk and manage a high risk portfolio. Basically, you need to understand all of the possible ways you could get screwed and act accordingly.

If your mindset is to get rich, ask yourself: what am I contributing? Are you expending your energy trying to recruit more investors so that the value of your holdings grows? This DOES NOT create long-term value. All you are doing is contributing to short-term volatility - in both directions!

If you want to survive in the space and help it to grow sustainably, strive to become a low time preference holder who contributes in meaningful ways by leveraging your strongest skill set.