Centralized lenders failed
Centralized funds failed
Centralized exchanges failed
Centralized banks failed
Crypto is to blame?
Not Bitcoin！
Self-custody is really to financial freedom what the printing press was to freedom of speech.
One of the great innovations of our time. Use it.
Silicon Valley Bank has 50% of US VC-backed startups as customers
There are over 130,000 VC-backed companies, according to PitchBook.
That's nearly 65,000 startups that used SVB.
How you feel when
Crypto exchanges getting sued,
Banks going bankrupt,
Govt dumping 1 bil $BTC,
USDC getting FUD,
Crypto dumping,
Stocks dumping,
Real estate dumping,
Inflation rising,
Trains derailing,
Farms burning,
War raging
uncertain and powerless if u don't hodl btc！
Nearly 50% of all venture capital-backed startups in the US had exposure to Silicon Valley Bank
When things seem really bad，
don't panic；Stick to your plan，
hodl your bitcoin and trust yourself.
Painful lessons around！
Some of the lessons about the trading & speculation side of crypto.
1. Everything in crypto is a social token
2. All short and medium-term price action is driven by narratives
3. The main way to make money is by being early to new themes
4. Markets are made up of different types of players and money flows based on how they behave
5. Principles are necessary when allocating money
6. Do your own research
7. Let things settle after major price swings
8. The game is always live
@benroy__