Tether To Close 2024 With $10B In Profits and $5B Invested, Eyeing Launch Of AI Platform In Q1: BBG

🔗 velo.xyz

let’s see how zerepy performs

i’ve been waiting for this

After doing some reflecting I've realized that the cryptocurrency asset class is an inevitability assuming the world accelerates into a post-labor state. The path largely depends on geopolitical events e.g. does a war break out when it becomes clear one state is on the verge of AI supremacy

I still think it's likely we go and take saylor's liquidation at some point but it will be an absolutely generational buying opportunity assuming the world doesn't end in a nuclear warfare

In a few years we will no longer be trading markets. It will be ai agents instead that are run by a group of 4 large trading entities most likely

Another thing I realized is that without any scalable skills, you are doomed to grow at the rate of public equity markets (which isn't the end of the world)

Putting your assets into index funds is literally saying that the world is growing faster than you can

It makes sense once you're super old but if you're young and capable you should keeping your money as liquid as possible and re-investing it into skills that can grow your influence

hypebrrrr

good area to slowly add back some fart if you've been waiting

judging from wif and popcat's history, likely to chop around $1 area or under for a bit before the next leg

there’s a good chance a next big runner comes from zerepy

and that’s really exciting to me

also found some contrarian takes on hype after chatting around w sharp traders recently

gonna factor them into my tp plans

defo still want to hold exposure while momentum is hot

this whole NK issue is a nothing burger, but the fud is good because it helped to highlight a tail end risk that most don’t care about

when complacency runs high, that is when shit starts to happen

just look back at multiple previous examples

it is why i will never fullport hype or its eco

even if things go 100x from here, im okay

im allocating to the tail end risk

if one day boom your portfolio is gone, will you be okay?

if no, then think and manage

study folks that lost their entire net worth or portfolio to luna once they were complacent enough to assume that every dip gets slurped and things will only go up forever

because hype has to catch up with binance valuation right??

it’s also quite terrible that those two are the only lines of defense

1) circle is inefficient and has historically took no action to stop/blacklist bad actors multiple times: https://x.com/zachxbt/status/1871054286207197686?s=46&t=nluSw7cwYGx8zFxfoYi5Iw

2) you want arbitrum to roll back the whole bridge?? wtf ??

anyw, i still have a big chunk of my pf allocated to hype

take it from someone w bags

resume up soonTM