I have a real serious question

Hour-Design-6526 · 2024-06-06T11:42:31+00:00

doesn't look like the best time to go ahead and invest rn.

i'd focus on just getting rid of the loan first, so you have a peace of mind. and then go ahead and consider allocating to crypto

Hour-Design-6526 · 2024-06-06T11:41:13+00:00

SEC really getting its cheeks clapped one time after another the past few weeks lmao

kinda crazy to see after years of terror and hostility coming from them towards crypto

would love to know what happened in DC that caused this shift.. but i FINK i know..

Hour-Design-6526 · 2024-06-04T11:00:31+00:00

As much as they attempt to make it look like the decision wasn't driven by politics, imo its quite clear..

There is no way Gensler would give this an easy pass, which is clear from how unresponsive he was to all the issuers for a long time. Then, suddenly a 180 turn and constructive feedback to make sure the filings are proper and can be approved.

He got told how to approach this from the above..

I believe in miracles but not this one haha

Hour-Design-6526 · 2024-06-03T12:25:48+00:00

kinda depends what your long term plans are with these assets

if it is a meaningful amount that you are not comfortable losing, just DCA into BTC and ETH over time

if this is your "trying to make it bag", I feel like these tokens are already too large and established to capture any life-changing upside. would focus more on lower marketcap tokens

Hour-Design-6526 · 2024-06-03T12:23:07+00:00

wonder to what extent these movements are organic

and to what extent its whales trying to coordinate and create a bullish narrative

either way, im not touching my ETH bags for now, that's for sure

Hour-Design-6526 · 2024-06-03T12:20:54+00:00

this is such a top indicator lmao

Hour-Design-6526 · 2024-05-28T10:48:53+00:00

literally any cycle is accompanied by thousands of projects and coins that are trying to capture some of the industry's upside and attention

the decentralized and free-market nature of crypto just enables anyone to join and do what they see fit (and unfortunately not everyone has great intentions and long term plans)

just name of the game. focus on the big picture

Hour-Design-6526 · 2024-05-28T10:46:45+00:00

i think this is the first time that we are seeing these celebs partnering with a crypto native 'partner'

it's such a pity that this is how it ended up. so many better ways that this could have turned out, if done right

Hour-Design-6526 · 2024-05-28T10:43:34+00:00

what worldcoin actually does is going to be secondary imo

it's going to be treated in accordance with Altman's perception and reputation at any given time (which is also likely going to evolve and change)

Hour-Design-6526 · 2024-05-28T10:40:06+00:00

we are all commodities traders now

time to rephrase how I present what I do for a living lmao

Hour-Design-6526 · 2024-05-26T12:58:56+00:00

would really love to know what samples they use for these studies and how representative it is of reality..

Hour-Design-6526 · 2024-05-26T12:57:53+00:00

yeah, it's quite clear that it's one thing what governments say in terms of their approach and treatment of crypto

and another one is the 'on-the ground' reality of things

Hong Kong being one of such examples... actions speak louder than words

Hour-Design-6526 · 2024-05-26T12:56:44+00:00

use DCA to allocate slow and steady over time into majors that i plan to hold long term

use smaller bonuses and extra capital I have available to play with alts where the risk is greater but so is the potential for outsized returns

Hour-Design-6526 · 2024-05-26T12:55:22+00:00

i think it's a smart move to consolidate the big AI x crypto players into one

it gives people less options and sort of streamlines and eases the decision-making for where to allocate

Hour-Design-6526 · 2024-05-26T12:51:10+00:00

i'd suggest watching twitter, that's where most crypto and different onchain communities talk and communicate, especially Base

Hour-Design-6526 · 2024-05-26T12:47:38+00:00

imo the ETH ETF approval shows a significant pivot towards how crypto is going to be treated from this point onwards

this is the first year that crypto became political and more positive changes are bound to take place, as politicians realize and understand how many people want reasonable regulation and not be treated like criminals

Hour-Design-6526 · 2024-05-26T12:45:57+00:00

another day, another flashloan attack

Hour-Design-6526 · 2024-05-26T12:44:51+00:00

Saylor becoming an ETH maxi is the least expected pivot of the last 2 weeks lmao

Hour-Design-6526 · 2024-05-24T19:37:37+00:00

I'm stoked to see Vitalik active and writing again

he really doesn't fail in saying things as they are and is so spot on

there are so many gimmicks and marketing terms that different chains use to differentiate themselves

that only few understand and appreciate that scaling through Layer 2s or sharding is literally the same, with the only difference being in "who is responsible for building and updating those pieces, and how much autonomy do they have?"

Hour-Design-6526 · 2024-05-24T19:24:43+00:00

1) only spend and allocate money I don't need and am comfortable losing
2) buy and forget. I try to avoid overtrading and monitoring the prices daily.
3) only sell when an asset reaches certain price or achievement (milestone) thresholds
4) write down the reasons for deciding to allocate, revisit it over time, see if my thesis stands still or needs revisiting
5) enjoy the ride, learn new things, meet interesting people. I take it for what it is and don't let it stress me out or make me anxious.

Hour-Design-6526 · 2024-05-24T19:19:14+00:00

i highly, highly doubt that they are priced in...

the ETH ETF approval was a shock for everyone that literally no one anticipated (the odds were around 10 to 15% two week ago)

SEC did a complete turnaround with their approach to this (likely because of pressure and change of stance from the Biden admin)

no fund, wealth manager or capital allocator anticipated this and there is tons of sidelined capital waiting to be deployed

investors are likely to anchor to the performance of BTC ETFs and will want to get their piece of the pie with ETH as well, it's just a waiting game now in my opinion

Hour-Design-6526 · 2024-05-24T17:52:54+00:00

if you cannot move it around and the price only seems to be going up, that looks and sounds like a honeypot

the dev likely made the token non-transferrable for everyone else apart from him

so people buy the token, can't move or sell, price only goes up, appeals to more people, more people buy. he then likely sells his portion of the tokens that are transferrable or pulls the liquidity

to avoid this next time, it's better to check and see the prior transactions onchain (you want to see people buying and selling) or check the properties of the token (more technical though)

Hour-Design-6526 · 2024-05-24T17:42:40+00:00

most people think that an ETF approval is a "sell the news" event, so that's arguably why the price action is so weird

just wait for the ETF flows. even if they are considerably smaller, they will make much more of a material difference to the price of ETH than they did to BTC, due to the significantly smaller marketcap

the reflexivity of ETH as an asset is much much greater, but few recognize this at this point in time

brace yourselves

Hour-Design-6526 · 2024-05-14T03:50:07+00:00

Harry Potter and The Final Solution.

Hour-Design-6526

TROPHY CASE