shanners

Born in a bear market, grew up farming food tokens.

[shanners @shannersdos]

Lots of depression and negativity on the timeline. If you take a step back and look at where we are, a lot has been achieved this cycle:

- Crypto apps generating 8-9 figures annually
- ICOs coming back and giving retail an opportunity to get in early
- Decentralized perps
- Defi much more stable and secure (at least more secure than last cycle when getting hacked was the norm)
- Stablecoin competition and not just centralized web2 offerings
- Ultra-fast blockchains like MegaETH coming out
- Privacy finally becoming a movement
- A nascent but exciting defi agent network being developed

At the end of last cycle FTX imploded, Luna collapsed and just keeping hold of your money was a miracle. We are miles away from that.

Also notice how I didn't mention institutions buying crypto, because when did that become the point of crypto?

[shanners @shannersdos]

@chud_eth It’s a useless governance token with ridiculous inflation but a lot of hype. It will catch a bid in the bull market and rightfully get decimated in the bear

[shanners @shannersdos]

@KevinWSHPod Unless like me you're just going to enjoy the summer, watch the Wordl Cup and continue to sit it out

[shanners @shannersdos]

@andyyy @CoinDesk @scottmelker Isn’t this the guy who got paid to put out bearish Chainlink charts to support some funds short position?

[shanners @shannersdos]

@PolymarketSport Blood test him. If it’s not at least 90% roids he should be banned from the games for life

[shanners @shannersdos]

@Jebus Good times

[shanners @shannersdos]

@cobie @karlokor3n Adilovski, Adil and Deveciloper for starters

[shanners @shannersdos]

@0xSammy @AskVenice Great, thanks a lot!

[shanners @shannersdos]

@AltcoinSherpa Damn, 8 years and counting. I'm doing this wrong.

[shanners @shannersdos]

@andyyy $chip is a low float, high FDV governance token that will go from 2bn tokens in circulation to 6bn within 12 months. Love the project, hate the tokenomics.

[shanners @shannersdos]

@andyyy Yes

[shanners @shannersdos]

@ChainLinkGod I'm so deep into the pits of defi this all seems totally normal behaviour to me.

[shanners @shannersdos]

@KevinWSHPod I still have ptsd from early defi and getting rugged multiple times. Yield was at least worth the risk back then. Definitely not now

[shanners @shannersdos]

@PolitlcsUK Work hard. Get the best grades, Get into the best university. The top 1% of students.. Work harder. Finish in the top 1% of the 1%.

Get a job. Be the best for 30 years. The top 1% of the top 1% of the top 1%.

Government: Sorry, you shouldn't get 10x more than the cleaner.

[shanners @shannersdos]

@andyyy I think the answer is in the question!

[shanners @shannersdos]

@PolitlcsUK How about:

- Higher investment in quality of education
- Complete transformation of the NHS to cut excess spending
- Build more houses to bring down rates

When you don’t tackle the cause you just compound the issue.

[shanners @shannersdos]

@andyyy Go to the Luberon instead, provence countryside is unmatched

[shanners @shannersdos]

@BMNRBullz To be fair, he's bought every other stage of the market so why not this one.

[Benjamin Cowen @benjamincowen]

*#BTC just dropped below the April 2025 low.*

If it does not bounce soon, this is going to be one hell of a midterm year.

If it can bounce, it gives us a few months and gets us closer to October without so much bad price action (likely the bottom in time).

I feel like the bear narrative has been really strong for a while, and so I would expect a countertrend rally soon so that it gives the bulls some hope for a while.

However, I have learned my lesson in prior cycles, so I do not attempt to trade them. Countertrend rallies can happen, but sometimes they happen when you least expect them, not when everyone expects them.

It makes sense to assume that a sweep of a prior low would offer some relief, as that has been true for BTC even during the bull market.

But in 2014/2018/2022 when BTC fell below the 100W SMA, it was straight to the 200W SMA before any relief occurred.

The time to sell BTC was late last year, not panicking on dumps in the midterm year.

I just try and focus on the bigger picture and the bigger picture is that late Q3/early Q4 will be a better time to move real money back into the market.

Between now and then it is just people trying to make money during difficult times by trying to trade support/resistance levels.

[shanners @shannersdos]

@lindaxie @AlexMasmej