1、Over half of outstanding BTC has been stationary for over a year. Bitcoin is a speculative asset, and a long-term investment.
2、The multifaceted use case lends support.
This multi-use case not only provides a strong floor support, it also explains why even experienced traditional market watchers don’t “get it.”
How “unusual” bitcoin is – it’s speculative and volatile, it is also treated by many as a long-term investment, and history has shown that this lends the asset floor support while giving it ample upside.
Another reason why many seasoned investment veterans don’t “get it” is what they read in the media.
But bitcoin’s theoretical and demonstrated price floor is a key feature of the asset’s asymmetrical risk.
– at these levels, the potential upside far surpasses the potential downside, especially now that we know the floor is not $0.
Bitcoin’s use cases are still evolving
Jesse Powell (Co-founder & CEO @KrakenFX)said he has a theory:
Regulators let the bad guys get big and blow up because it serves their agenda.
1. destroy capital/resources in crypto ecosystem
2. burn people, deter adoption
3. give air cover to attack good actors
The bad guys are actually on-side. Good guys are the enemy.
+2%: “WE’RE GOING TO BACK TO ATHs!!”
-2%: “SELL WHILE YOU STILL CAN! NEW LOWS SOON!!”
The oscillating emotion of this market never fails to amaze me.
The nocoiner:
2017: Bitcoin is a bubble
2018: Bitcoin is dead
2019: Didn't Bitcoin die?
2020:Bitcoin is a bubble
2021: Bitcoin is a big bubble!
2022: Bitcoin is dead
2023: Didn't Bitcoin die?
2024:Bitcoin is a bubble
2025: Bitcoin is a big bubble!
It's okay to be "late"
You can be "late" and still make life changing money in #crypto.
So don't FOMO if you miss out on a few pumps.
Bitcoin (BTC) rocketed past $25,000 for the first time since August, before quickly retreating below the threshold,
Nine types of rest
1 time away
2 permission to not be helpful
3 something "unproductive"
4 connecting to art and nature
5 solitude to recharge
6 a break from responsibility
7 stillness to decompress
8 safe space
9 alone time at home
Trading lessons:
1. Don't blindly enter a trade - always predetermine a plan.
2. Never marry your bags.
3. Don't get sucked into the hype. Block out the outside noise and trade with discipline.
10 Life Hacks For Busy Crypto Degens
One: Have A Daily Research Schedule
Two: Be Protective Of Your Mental Bandwith
Three: Batch Your Work
Four: Build Exercise Into Your Daily Routine
Five: Eat The Same Food Every Day If Needed
Six: Be Purposeful About Where You Invest Your Energy
Seven: Establish Clear Boundaries
Eight: Know The Game You're Playing
Nine: Enjoy The Vibes
Ten: Don't Give Up!