Facts on #crypto 👇
1- #bitcoin is a L1 memecoin, just like #Dogecoin but more widely adopted,
2- All VMs are kind of the same. Some faster, lighter, thinner, ZKer, abstracted etc. As different as iPhone 14 and 15...
3- Project does matter, but not much. Check marketcaps and you will see.
4- Centralized Exchanges are faster, cheaper but less safe.
5- Dex are useless for real people, I mean most people cannot even use bank apps.
6- Technical Analysis is seldom useful. Lines drawn up or below resistances do not mean much. Actually, resistance and support levels are just illusions. Go see charts by yourself.
7- News on average follow the market, not the other way around. China will always ban Bitcoin during bear market, and SEC will allow it while in the bull.
8- Memecoins are gambling.
9- HODL is just for you. Traders will aleays dump it on others, you are hodling to slow down the collapse.
Keep these in mind and DYOR.