anyw, my port is majority in great allocations on the evm side and light's allocation is a reflection of the current risk im willing to take on the sol side until things improve

we do a little risk management and place some high risk bets as well

To me it's screamingly obvious that Tom Lee is not a better Saylor (and ETH not a better r/r long than BTC over 1y)... at least YET.
Maybe in a few years, who knows.

But right now, Saylor is considered as the madman who would rather file for bankruptcy rather than sell a single BTC.
Tom Lee ? A trader who is a profit maxi, and doesn't give the feeling that he's a diamond hand.

You simply can't build 2 years of trust in 3 months.
Saylor is a BTC maxi, his only focus is MSTR and BTC, whereas Bitmine is not even the sole focus of Tom Lee, he is still managing Fundstrat and offering equities ETFs.

This massively exacerbates the downside risk on ETH vs BTC

And you can feel that with market participants :

- BTC bulls are absolutely unbothered when BTC dips, no price target, this thing is going to $1M

- On the ETH side, any dip is met with unease and 'cycle top?' concerns, and most people are looking to offload above $5k, they don't want to be holding it during the ETH bear market

one thing i'm open to now that we're in a new regime (and as we've realised)

is that we can mostly throw away what we've known from previous cycles

history does not account for current structural changes and developments (instis and whatnot)

meaning that it might actually be possible for eth to run without btc without signaling the top

this is not my default stance as i'm clearly worried for btc, but we keep adapting just as we did for btc

default stance based on history is

btc tops first, alts outperform for ~1 month

cycle ends

if you include macro worries, it actually kinda lines up

which overall makes it 10x more worrying personally

hence my statement: https://news.1rj.ru/str/cryptomumbles/15918

good time to revisit a reflection piece from q4 2024:
https://news.1rj.ru/str/cryptomumbles/10870

JUST IN: $250,000,000 worth of crypto longs liquidated in the past 30 minutes.

@WatcherGuru

Japanese listed company Metaplanet announced the purchase of an additional 103 Bitcoin for approximately 1.736 billion yen (around $11.78 million). Following the purchase, the company’s total Bitcoin holdings have risen to 18,991 BTC, with a cumulative investment of about 285.833 billion yen (around $1.942 billion). — link