Crypto don't play that
Why you just can't to the Next level in the crypto game
Yesterday I saw all the cast of clown billionaires making every attempt to calm fear in the BTC market.
All the marketing and promotion is always to make BTC the people’s currency, the people’s choice. It can make you money, a lot of money.
But when you are taking investment decisions from TV just remember who you are dealing with:
Daman Wayans’ Homey D Clown
And if you have never seen a few, watch it and you’ll know.
First, as of this writing, crypto is unregulated. It’s decentralized and, in theory, no one knows how much you have; especially the early adapters who bought into the freedom, privacy, and borderless nature of this investment. So when crypto will be regulated any day in the USA, do you believe this is what these quiet millionaires signed up for?
Agree?
If so, lets see what headlines were talked about yesterday:
“BTC is going to a million dollars” Why not a zillion dollars? I would rather have a zillion. It’s not regulated they can say whatever they want.
Lets say that it’s true a million dollars. That would make the entire BTC ecosystem 90 trillion dollars. Obviously, if that is 90 trillion dollars, all the other tokens will moon. So lets say 200 trillion dollar industry. The US debt market is 38 trillion and mortgage debt is 13 trillion dollars. So all the crypto bros can buy the USA outright?
News that the President has a hoard. Please. In private business, he’s had a few rough patches. Or Drake? Where’s the receipt bro? Or China? They are fully loaded on Gold and Silver
That’s assuming you can cash out. You think the off rails (convert crypto to dollars) are going to provide you that kind of liquidity?
So News event #2, Banks and Treasuries are buying BTC, like UBS yesterday with a $400 million dollar purchase. I don’t need to tell you what kind of checkered past UBS has, so was it really to buy BTC or help one of their wealthy clients get liquid? The US regulators told these public treasury companies to be more transparent from whom they are buying their BTC, because it looks like insider trading
News that SEC stops prioritizing crypto. Great! Did you know CFTC is going to be the chief regulatory agency going forward. It’s like an announcement that the NFL will stop reviewing the salary caps of the NY Yankees and Mets.'
And, finally, 10x is from 100k to 1,000,000 . Where have you been the past 2 years? Many stocks have gone up a lot easier 10x. You can find options as well that do that in a week.
Am not saying BTC is going to 0, nor am I saying it’s worthless, but you are not investing nor trading if you buy something because someone says its going higher and take at face value what these billionaires say on TV even if they dress like you and me (it’s called showbusiness).
Personally, I believe that if Bitcoin ever went to zero, it wouldn’t glide down like a sleepy stock. Assets without cash flow don’t “fade,” they collapse when confidence disappears. Like Enron, here today, gone tomorrow.
Volatility isn’t a bug in Bitcoin: it’s the heartbeat. When people use it, it’s alive. When confidence stops, the price doesn’t drift… it drops.
On that note, Crypto for most people, I have observed is a lottery ticket. They want those explosive moves. And fast.
If you are among them and want to have fun and try your hand. I have found this to be a lot of fun
Pump.Fun
There is a token for it and it’s on the Solana network
Going forward, the public traded companies involved in the services should do well. Coinbase which has already appreciated in price, but whose to say it cannot go higher?
Just remember as soon as you start aiming for the stars and moon, Homey is coming for you. Cause crypto … Don’t play that.
Lot more to unpack as each day brings a new adventure.
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Thanks for sharing