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
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
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default stance based on history is
btc tops first, alts outperform for ~1 month
cycle ends
btc tops first, alts outperform for ~1 month
cycle ends
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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
which overall makes it 10x more worrying personally
hence my statement: https://news.1rj.ru/str/cryptomumbles/15918
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good time to revisit a reflection piece from q4 2024:
https://news.1rj.ru/str/cryptomumbles/10870
https://news.1rj.ru/str/cryptomumbles/10870
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Crypto Mumbles
one thing im doing now is constantly cashing out bit by bit with every winning trade, maybe about 10-20% of profits while i compound the rest (eg. win 10k, cash out 1k)
this does not apply to "long term" bags
as someone who is almost all in crypto, personally…
this does not apply to "long term" bags
as someone who is almost all in crypto, personally…
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Forwarded from Watcher Guru
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Forwarded from Wu Blockchain News
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
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Forwarded from unfolded.
GALAXY, JUMP, MULTICOIN SAID TO SEEK $1B TO BUY SOLANA TOKEN: BBG | AI comment
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Forwarded from unfolded.
Philippines proposes 10,000 BTC strategic reserve with 20-year lockup — link | AI comment
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Forwarded from humblespace
Maxim 8:
Good decisions sometimes have poor outcomes
Bad decisions sometimes have good outcomes
separate the quality of the decision from the outcome at all times to avoid resulting (aka outcome bias)
Good decisions sometimes have poor outcomes
Bad decisions sometimes have good outcomes
separate the quality of the decision from the outcome at all times to avoid resulting (aka outcome bias)
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humblespace
Maxim 8: Good decisions sometimes have poor outcomes Bad decisions sometimes have good outcomes separate the quality of the decision from the outcome at all times to avoid resulting (aka outcome bias)
often we think we’ve made a bad decision when the outcome doesn’t play out in our favour
ie. investing in xxx because of great tailwinds or fundamentals, but end up losing money
it still is a good decision and we have to recognise that
the opposite is also true
a good outcome doesnt necessarily mean a good decision was made, could very well be lady luck shining on you
ie. investing in xxx because of great tailwinds or fundamentals, but end up losing money
it still is a good decision and we have to recognise that
the opposite is also true
a good outcome doesnt necessarily mean a good decision was made, could very well be lady luck shining on you
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