Alok Vasudev avatar
alok
9mo
It is still crazy to me that purported crypto investors don't own any BTC. Is that the 80/20 for the current CT brain damage? No orange exposure?
Dan Romero avatar
We’re boomers
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Alok Vasudev avatar
yeah that's true. but you'd think everyone learned their lesson by now?
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FailsBothProngsLagrange avatar
They did, btc is the one you can own and not yap about. Everything else you shill others to sve your bags
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Stuart avatar
I should, strategically. But I always avoided it as a long term currency vs eth due to the energy consumption issue. May not be a major problem for BTC now but climate change could make it a problem quickly.
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Alok Vasudev avatar
i'm not concerned about that personally. btc mining is simpatico with an evolving energy mix
Chris Carlson avatar
Reference?
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Alok Vasudev avatar
some of the big CT accounts have run polls asking followers their level of BTC exposure and the majority answer is 0
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Chris Carlson avatar
If a chef vlogger ran a poll asking how many viewers have made any of their food before the vast majority would answer 0
six avatar
IMO those ppl are not rly “investors”. Median new retail participant in 2024+ is coming in for the chance to make it off hitting big meme 10-100x’s, it’s closer to a high stakes video game than an investment portfolio
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six avatar
So i think sentiment is maybe more correlated to “how strong is the risk environment to enable 10-100x’s”. Even if CT was 100% BTC denominated but the “trenches” were dead, the vibes would still be fried i think
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Alok Vasudev avatar
i dunno - the maxis seem to be having a ball (the op_return stuff notwithstanding)
​woj avatar
why would you hold it there is 0% chance it 10xes in a year
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Gramajo avatar
As someone who has been buying weekly since late 2012/2013, ppl are wild if they’re not buying BTC, set it and forget it
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androidsixteen avatar
CTE (crypto twitter encephalopathy)
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Coop avatar
Being a crypto investor and not owning BTC is insane The older i get the more I realize stacking BTC is really all that matters
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Daniel Fernandes avatar
I've made more via airdrops by selling BTC and solo staking ETH. Maybe not a repeatable strategy for someone buying who only wants to buy crypto ETFs in a traditional brokerage account, but I think that's the way it should be: the large rewards should come to those who actually participate, run nodes, use the apps, etc
Oliver Tipton avatar
Literally should be the prerequisite 😭owning meme coins before crypto is insanity
丂ㄒ卂尺乃ㄖ爪乃 avatar
The future is NOW old man!
Regeneration: a Manifesto for an Autonomous Future | Aztec Blog
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Regeneration: a Manifesto for an Autonomous Future | Aztec Blog
max avatar
BTC dominance saying the opposite
Cristian avatar
Nah not crazy we are just gamblers Why go all in on BTC if it can't even a pull a 10x? $toshi for example did that and more and still think it does it again Memecoins are riskier but more gains 😺
Alhadji_ACE  avatar
It's a wrong thing to do for any crypto user right now! Own a goddamn BTC will you!