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ALΞX
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Food for thought. Even if in 10 years $
BTC
was only at $500,000 it will still outperform most mainstream investments.
#BTC
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Strategy and a few others aside, failed web2 companies pivoting to $BTC treasury companies at ATH is probably a canary in the coal mine. In due course I expect to see one or two blow up and likely cause the next big crash into a bear market. Few more months left to print!
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James Wynn has a very interesting trading strategy. Long tops and short bottoms and flip flop daily with no risk management. Every cycle you see a few of these ego driven gambling addicts blow up. Hope he is smart enough to walk away with some gains.
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Too many people are trying to force an alt season that hasn’t yet materialised. Once great private chats have descended into people PnDing on each other and fighting. Not enough people have adapted to the realities of a changing market.
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Alts don’t turbo pump when $BTC rockets precisely because most of the liquidity is flowing into $BTC. Then $BTC profits and liquidity look to rotate and compound gains in alts. That’s how “alt seasons” starts. Patience.
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Reached a point where a new $BTC ATH doesn’t make me euphoric as I know it goes way higher long term. Plus there’s plenty of work to be done on alts, so time to stay focused and lock in ready for on-chain to heat up.
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