I update this pinned thread as I feel the overall theme of the market changing, with a specific goal of informing new entrants to #Crypto about what their overall bias emotionally in the market should be at various points in time. The last time I updated this thread to say: "Start looking for those 10/100/1000x's", it probably sounded unreasonable, as every influencer you listen to was parroting "MACRO BEARISHNESS" and doomsday scenarios for Bitcoin. And yet, $KAS and many other charts had massive rallies. If you were on the sidelines, listening to 'macro' commentators, your headspace was completely corrupted and you missed out on the sweetest part of the cycle. ======================== So now, I'm here to tell you that there are still massive bullish gains to be had, in many different sectors, for at least a year or two to come (with corrections interspersed). Many of you are likely holding positions now, which given enough time, will financially retire you. ... but what you must be aware of at this point in the cycle, is that FOMO IS THE MIND KILLER. The way you wreck yourself in a bear market is by buying and holding depreciating assets. The way you wreck yourself in a bull market is by chasing green candles. To understand why this is the case, think of riding a bull market as being very much like surfing. If you spend all your time chasing the biggest waves, then by the time you identify and react to them, they'll have already crested, and you'll have wasted your energy for nothing, and will likely get crushed by it on the way down. Instead, let the waves come to you by picking the optimal positioning, and staying put. Only then can you ride them to completion, extracting the maximum amount of kinetic energy, with the least amount of risk and wasted energy during the chase. The implication of this is that you need to be ok with watching other surfers catch waves which you could have never caught in the first place, and not let that be a painful experience. View each pump you don't participate in as being an event which makes the pump happened in your sector increasingly likely, as bull market capital especially toward the top is rotational in nature. Don't FOMO. Bull markets have a finite number of waves. The pain of loss in a bear market is nothing compared to the pain of having missed out in the bull. One is the grief for a past which was, and another is grief for a future which could have been... Ironically, the way you Miss Out the most in bull markets, is by being in a state of FOMO, so don't let it happen to you.

Biggest problem with ETH right now is that most of the large holders are just waiting to sell it, and have spent years advertising the fact that once it touches ATH, they'll start offloading. BTC no matter how high it goes manages to retain an ideological reason to hold, but ETH is mostly seen as 'the thing you hold if you want the safety of BTC, but slightly better gains". As a result of that, I think it attracted a lot of holders who are the sort who just buy and then sit on their bags without actually trying to help the asset, and act as a massive deterrence for others to buy because they know that the upside is somewhat capped because those entities will offload on them at the first sniff of decent profit.

My stance is always: That he's going to have to deploy capital into his coins eventually. He has already done it, but you see what happens if there's too many dead weights hanging on. As painful as it is, he's probably doing the right thing by waiting as long as he is. There will come a moment where he's on the ascendancy again, and that will be the time to deploy it fast and heavy. The current climate is the perfect one for him to become a mainstream character again, because he can paint himself as a martyr who sacrificed (kek) years of his life to "fight the good fight". Against the SEC. In addition, most meme/cult coin manias are driven by a similar vibe to what $Hex had in the early run ups. In many ways, people shit-talked RH in public, but in secret, just wanted to do what he did with Hex.

@VKraynyk Might resurrect the account a bit, as time is running out where I can make predictions with good certainty. Spent the last year in Buidl mode, but slowly coming back to normality now :)

I simply do not miss with my warnings.

@VentureCoinist Lots of people asking themselves this r/n

My overall views right now are that a lot of things had time to bubble and pop. ETH digested the ETF news, and is testing local lows, and most importantly, there's enough capital in crypto now to give us sectoral bubbles like was saw in mid 2021 (If I remember correctly). We're out of the phase where you just need to be early to the cycle. You now need to be early to mini narratives.

Ordi was another I sold after seeing it super early in the ordinals hype cycle. It never did quite reclaim, so I guess the meat really was gone.

Another good one. Sometimes you just have to take the summer off and do other things.

Watching people tell you to delete Telegram messages before it's too late is like watching people tell you to remove your Crypto from a centralised exchange because the founder just got arrested. The point is to never get yourself in that vulnerable position in the first place. If you're using #Telegram for anything OPSEC sensitive, then you're not doing OPSEC correctly. If you really need secure electronic comms, build a bespoke non-federated Matrix server with: - at rest encryption - encrypted by default private rooms - DB purge jobs which auto-delete after a few days - don't speak with anyone who has not verified their session ... and even then...

How so? We don't even need to speculate about this, we've seen what happens when you advertise large sells via LP after what happened to BankX. It only makes sense to do it when your position is so small that the other market participants won't go into panic after seeing your wall go up.

@RichardHeartWin

@Arthur_0x This basically:

Further moves in that direction...

@yourfriendSOMMI This was more a general comment about Twitter rather than crypto specific. I'm seeing stuff daily which I used to have to go to Liveleak to see in the past.