KevinWSHPod

There is no WAGMI in crypto

It’s just a sham

It you believe in ‘WAGMI’ , ‘Believe in Something’ or ‘HODL’

You need to roundtrip or lose everything once, or twice

And then you will understand

It’s called learning by doing (and feeling the pain)

One of my predictions this cycle:

The 100s of Microstrategy copycats bring BTC to 200-250K by creating insane amount of leverage

They compete with each other to offer the best “BTC yield” - like CEFI companies did in 2021

They over leverage themselves and take too much risks

Retail and institutions buy their stocks because “its free money”

Altcoins go mad due to wealth effect of BTC being at 200K +

Every gets rich on paper (as usual)

At some point, the leverage gets too insane and everything blows up

A lot of the Microstrategy copycats go out of business

Tons of people blow up

BTC goes to 69.420 USD, down 72% from its ATH

All the alts get rekt

We all get poor again - as usual

We all get called scammers again by all the people who pilled in when leverage was too high - as usual

Microstrategy itself is fine

We all get to buy crypto at depressed prices in 2027 but almost no one does because they’ve been too burnt - as usual

The cycle starts again - as usual

History doesnt repeat but it rhymes

♻️

BTC at 111k?

Feeling numb

Been here since early 2019 with full conviction , when BTC was at 3.5K

If you are in crypto day in and day out since years and try to contribute to the industry, you must believe that it will go up forever because that is literally Bitcoin’s value prop

If you dont believe so, You haven’t done your homework and / or are a tourist

Bitcoin and crypto prices going up is literally showing that they are working as designed (and yes - that you were indeed right - but Karma punishes people who brag so you better keep quiet and focused)

And therefore there is no reason to feel euphoric at all

It’s just how it should be: 10k was expected, 100k was expected, so is 1M

My only (small) celebration will be at big round numbers for BTC: 1M and 10M

If you think you will get rich off a shitcoin

I have a bad news for you

You won’t

You will get rekt, both financially and mentally

Your welcome

If you are printing money on leverage

You are not a genius

You are a gambling addict

You don’t need leverage to make a fortune in an 80+ vol asset class

All you have to do is work hard

Stack BTS

Never sell

Not lose your sats

Not lose your mind

It’s not that hard

GM ☀️

Waking up to BTC at $111K

Boomer Technology Coin is good tech again today

109K Bitcoin GM

This week I'm releasing a 90 min conversation with @APompliano - a powerhouse entrepreneur, investor, and the voice behind The Pomp Podcast, one of the most renowned and watched shows in the Crypto and Finance space.

Get ready for a masterclass in wealth-building and personal branding!

We talk about:

- How to Live an Extraordinary Life!
- Why Anthony believes we’re headed toward a “Bitcoin-only” financial system over time
- Lessons he learned from his biggest mistakes, such as his substantial investment in BlockFi
- How Anthony built one of the biggest personal brands in Crypto and Finance
- Dealing with FUD online - and why arguing with strangers online is a waste of time
- Mental health - and the importance of balancing family time with a busy schedule
- His definition of happiness

And much, much more

Podcast out this Thursday, 22nd May

Some dot ETH heads think I am paid to FUD ETH

This is complete non sense

If you are a true crypto lover, you want Ethereum to succeed

I don’t hold any ETH anymore since mid 2023. I sold most of them for SOL (because I believed it would outperform massively and it did)

I sold the rest of my ETH in 2023 to “stake” them into a bunch of Pudgy Penguins and Crypto Punks

The thesis was that if I truly believe in ETH, I’d rather have levered bet on ETH buy buying the BTC of NFTs (Punks) and the SOL of NFTs (Penguins).

It also somewhat felt less risky than holding ETH, while having a better potential return overall

Tldr: I truly believe ETH has a bright future, and therefore that my NFTs (which are a long term investment) will get sent to the moon