Crypto Investor & Writer Since 2017
Metaverse
Joined July 2017
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Cryptonite retweeted
The reason your broke is you buy when crypto or do pretty much anything when it feels good or is exciting.
Never when it’s boring or looks like downright hell.
Whenever life serves you a big old giant risk you shy away. Conservative choices get you a conservative life.
Cryptonite retweeted
One year from today everyone would wish to have bought Bitcoin at these prices. I keep sticking to my long term strategy and will add more once market allows
My targets and the mission for Bitcoin are clear, but its something the doubters will never understand
Cryptonite retweeted
Going forward, these are my thoughts:
I expect sideways for weeks with first signs of recovery end of september.
AI / tech was overblown and the bubble has popped. In addition, Yen carry trade was heavy in AI / tech. Expecting no recovery anytime soon.
The next steps are rate cuts and eventually the money printer going on to inject liquidity to the markets. Money will flow into risk assets as we saw during COVID.
Inflation will extend, in combination with unemployment and harsh global political environment leading to further polarisation.
So what does this mean for our bags? We will see DeFi flourish again, especially when people will see that its able to overwintet these harsh conditions and there is no large depegs and liquidations resulting in a downward spiral. Keep on eye on protocols offering inflation resistant stable coins.
So, what about memes? A lot of them will never recover, as they are nothing else than liquidity for gambling. However, some of them will flourish and establish themselves as multi-cycle assets. Those are the ones that feed on the global political envirenmont and polarisation. Look for the ones that fit cults/religions/politics.
Lastly, we will see unemployments rates going up progressively and asia/2-3th world countries being affected the most. This will lead people seeking for a stable income where monthly $200-$300 income means a lot. Therefore, we might see an 'axie-event' like the COVID with a gamefi hype.
Good luck.
teapawt.net/jkrdoc/status/18203796…
I know it hurts. I know u fear for the end. I know it takes a lot to stay in the field.
Try to sit back and think clearly. We have seen this before. COVID, LUNA, FTX.. The best opportunities lie there when u think its all over. Now we have Governments selling, tradefirms exiting, fear for WWIII and a global recession.. They gave Mt Gox victims their bitcoins right before the crash, perfect ingredients for a true sell-off.
Yet these are the perfect ingredients for a maximum opportunity. Dont expect a V-shaped recovery. Maybe one more sell-off to really shake everybody out followed by side-ways action for weeks to make everybody believe its over. The media will do their job and fuck your mind again. Then the money printer will slowly start printing. They have to in order to keep the matrix going. Liquidity will come to the market like never before.
Those who have manipulated the global market by selling before the crash and therefore also causing it, those like Rotschild & Warren Buffet, they will start slowly accumulating again after everybody believes its over.
Your job, is doing the hardest part; hold tight. In a year from now, we will look at this week like we are looking to the end of '22 now; "I should have bought then." Make a plan and use this opportunity to change your bias. The cards will be re-devided now. Cut those who have been lagging for a long time and you refused to sell bc you are down a lot. You know that 'the other one' will show a lot more strength.
Dont fuck this up. Hang in there fam.
Cryptonite retweeted
The sooner you accept that everything is your fault, the sooner you can do something about it.
Cryptonite retweeted
Pic 1: 26. Fat. Drinking. Trying to look wealthy. Networth multi 7 figs. Pansy.
Pic 2: Almost 36. Clean. Engaged. Nearing multi 9 figure networth. Jiu Jitsu blue belt. Wearing Amazon clothes.
Self control and discipline leads to life getting so much better as you age, not worse.
Cryptonite retweeted
Everything you want is on the other side of embarrassment, risk, rejection and pain.
Everything you will hate n will grind you to dust is in your comfort zone.
The only true risk not embracing turmoil.
If you fail to, you will have to settle for 💩 in every area of your life.
Cryptonite retweeted
One of the biggest ways to get focked in life is this…
When you start to do well you slow down because results NOW look good.
In reality results are from what you did 1 year ago when results were bad.
You then slow down and take a nose dive. REMEMBER THIS :
Whatever you’re experiencing in your life is the result of what you did 6 months+ ago, not you right now.
If you get lazy when you’re up, in 6 months you will be back down.
When you get up it’s time to be far more afraid than when you were down because if you slow down in 6 months you will be pulled right back down.
Stay vigilant. Stay vigilant.
Cryptonite retweeted
"Web3 represents a fundamental shift in the internet, emphasizing user empowerment, control, and data ownership. It holds promise in addressing the shortcomings of Web2 AdTech, including bot prevention, ad fraud, and data privacy."
Great mention for #Verasity (@vera_views / @verasitytech) in #NASDAQ from @cryptonitetweet!🔥
Make sure you give it a read #Verasians! $VRA #AdTech
nasdaq.com/articles/adtech-b…
Cryptonite retweeted
Think 2024 Q3+ full bull mode
Think spot ETF will likely get approved close to the same time as $BTC halving.
BTC spot ETF first, later in year $ETH.
Soft landing for US, should be seeing rate cuts heavy early 2024, money printer back into print mode.
900 day bear market, followed by one of the last major cycles, before likely full institutional and retail adoption for BTC.
Likely after that, some majors will be too big for major growth and volatility, and returns will become normalized.
Post institutional onboarding likely alts will get crushed by regulatory scrutiny and new regulation, gold rush closed.
Feel like longterm investors from here have great R:R, one last ride in this circus, run it back turbo!
Cryptonite retweeted
A big company buys bitcoin worth millions of dollar and you think it's bearish? They might not have the best entry because they're not trading 30 min timeframes like most of you but how the fuck is this bearish please someone tell me
Y'all are worried too much for a few candles. Next month you wont even remember this day because you will be busy rotating to every shitcoin at the highs again
Cryptonite retweeted
If you ever lose all the money you have, but you are a good trader, or good at any other money making skill, you'll be just fine.
No one will ever take that from you. It's not the money you've made so far, but the ability at making it which is your main asset.
Cryptonite retweeted
I would say
Anything under $500 max 1 project. Higher risk, higher reward
1000/$2500 - 2 coins max
5/10 K portfolio- 3 + usdt
25 /50 k - 5 projects + usdt
100/250 k portfolio - 7 projects + usdt
1 mil + 15 baggs + usdt
🤝
