If you think about it, it’s pretty wild that Wall Street figured out what we figured out. That only bitcoin mattered. That crypto was penny stocks. They are smarter than the ops gave them credit for. Only the idiots are messing with memecoins
Discussion
It’s the mentality of already having money and not wanting it to vanish versus gamblers with nothing to lose. Total different buyer
The gamblers with nothing to lose are like 99% of the tweets
True. IMO people with even a modest amount of time spent investing in tradfi understand that BTC returns are more than enough risk to reward. And only newbs see that and then think “that’s cool but what would be really cool is a 100x!”
This! Even if you entered the space now, you should be anticipating 10x over next decade (conservatively). If 10x isn't good enough, you have an income/net worth problem not a return problem
Tradfi is happy with 12% returns lol bitty is almost too good to be true to them
Right? Like wtf is wrong with you lol. If you held stocks for even a few years you’d get a feel for what is normal returns 🤦♂️
Hadn't thought of that. Most of these people haven't owned stocks or RE, etc. So they don't appreciate every 4 year cycle is lifetimes of returns
I said the same at the beginning of the shitcoin cycle. Tremendous contrast