The old-timers in the crypto world have a kind of strange confidence, as if the stock market can't rise as much as Bitcoin...
I can only say, half of my position is in U.S. stock ETFs and half in Bitcoin, completely mindless passive investment in tech stock ETFs, without the need to watch the market, and the gains are all greater than Bitcoin...
Not to mention the star stocks held within the ETFs...
Crypto people are just messing around all day, it's not as good as mindlessly buying a QQQ MAGS to earn more.
Old timers in the crypto world have a strange confidence, as if the stock market can't rise as much as Bitcoin...
I can only say that half of my holdings are in US stock ETFs and half in Bitcoin, mindless passive investment in tech stock ETFs, which completely don’t need to be monitored; their gains are all greater than Bitcoin's...
Not to mention the star stocks held in the ETFs...
Recently, the most foolish operation I made in the crypto market was to exchange a large part of my Bitcoin holdings for Ethereum. But fortunately, I sold my Ethereum, retracing tens of thousands of dollars; unlike a bunch of idiots who hold on till death, otherwise I would be losing even more by now.
The fundamental narrative of Ethereum is good, but after buying in, my market sentiment seriously conflicted with the narrative. Usually, my market sentiment is 100% correct.
Still, the US stocks and Bitcoin are true love. My tech stock ETFs and dividend ETFs only go up, and their gains are greater than Bitcoin's. Bitcoin is also true love in my crypto portfolio.
In the end, those who think Bitcoin funds will rotate to pump Ethereum are fools.
Recently, the dumbest move I've made in the crypto market was to exchange most of my full-position Bitcoin for Ethereum. But fortunately, I sold my Ethereum and pulled back by several hundred thousand dollars, unlike a bunch of idiots who just held on, otherwise I would have lost even more by now.
The fundamental narrative for Ethereum is good, but after buying and testing, my trading intuition conflicts severely with the narrative. Usually, my trading intuition is 100% correct.
In the end, U.S. stocks and Bitcoin are true love. My tech stock ETFs and dividend ETFs only go up, and their growth is greater than that of Bitcoin. Bitcoin is also true love in my crypto portfolio.
In the end, those who truly believe in Ethereum are fools.
What the hell These past two months have been a nightmare Falling even in war Falling even after a ceasefire That damn ETF has net outflows but still falls Even with net inflows it still falls Every month those messy data What this P and that I And your damn month-on-month And your damn year-on-year comparisons Your damn mother still has to deal with non-farm Non-farm my ass Bad data falls, good data falls Every day it's just a fall There's nothing left to fall Just wait and see When interest rates drop it will still fall Then you’ll ask why it fell even after the rate cut And then they'll hit you with Good news turns bad
What the hell These past two months have been a nightmare Falling even in war Falling even after a ceasefire That damn ETF has net outflows but still falls Even with net inflows it still falls Every month those messy data What this P and that I And your damn month-on-month And your damn year-on-year comparisons Your damn mother still has to deal with non-farm Non-farm my ass Bad data falls, good data falls Every day it's just a fall There's nothing left to fall Just wait and see When interest rates drop it will still fall Then you’ll ask why it fell even after the rate cut And then they'll hit you with Good news turns bad
The hottest topic in the cryptocurrency world right now is the debate over whether to choose between U.S. stocks or Bitcoin, which is harder and which can rise more.
Bitcoin has been struggling for a whole year, and it has only increased by 38% at best, which is even worse than gold. It is far less than the gains of popular U.S. stocks over just a few days.
So it's fine for people in the crypto world to hold Bitcoin. But don't ever think that Bitcoin has Trump behind it and fantasize that it can hard counter the U.S. stock bubble, which has peaked, and that it will definitely rise more than Bitcoin in the future. This makes you look like a foolish person who sees only from the bottom of a well.
There are greater mountains beyond the mountains; respect the market. The cryptocurrency world is a niche industry, not the world that people in the crypto community fantasize about where I'm the best.
The hottest topic in the cryptocurrency world right now is the debate over whether to choose between the US stock market or Bitcoin, which is tougher and which can rise more.
Bitcoin has been struggling for a whole year, and it has only increased by 38%, which is even less than gold. It is far less than the gains of popular stocks in the US market over just a few days.
So people in the crypto world can hold onto Bitcoin, that’s fine. But don’t ever think that Bitcoin has Trump behind it, and saying that the US stock market will definitely not rise as much as Bitcoin in the future makes you look like a fool who is sitting in a well and watching the sky.
There are mountains beyond mountains; respect the market. The crypto world is a niche industry, not the paradise that people in the crypto world fantasize about.
The hottest topic in the cryptocurrency world right now is the debate between U.S. stocks and Bitcoin, which one is harder and which can rise more.
Bitcoin has been fluctuating for a whole year, and it has only increased by 38% at most, which is even worse than gold. It is certainly not as good as the gains of popular U.S. stocks in just a few days.
So people in the cryptocurrency world can hold Bitcoin, that's fine. But don't ever think that Bitcoin has Trump behind it, saying that U.S. stocks will definitely not rise as much as Bitcoin in the future; this makes you look like a fool who can only see the sky from the bottom of a well.